Al-Dua’a Holdings, a, UAE-based property development, advisory and real estate investment company, has just announced the launch of The Plaza, a £68 million project. The Plaza, which we must admit is not the most original name, will be a mixed-use development with residential and retail elements alongside offices.
Toni Ashai, a celebrated architect from California designed the project. Ashai has gained recognition by designing high and luxury projects in Dubai. Consumer financing is available from Al-Noor Islamic Bank, which is one of the largest Islamic Banks in the world. They are offering up to 85% of the cost.
The Plaza will be situated in the heart of new Dubai, minutes away from Dubai Central Metro Station; within easy reach of world-class restaurants, five-star hotels, golf courses, beaches and luxury shopping centers. It is also nestled among the high-end residential developments in Dubai such as Emirates Hills, the Marina, Jumeirah Islands, Golf estates and Dubai-land.
The complex will also provide executive apartments and suites for short-term accommodation, and the retail area will offer a range of well-known brand names – shops, cafes, boutiques, restaurants, travel agencies and beauty salons.
In addition to The Plaza, Al-Dua’a Holdings has recently launched two other projects: Al-Dua’a Marina which offers luxurious apartments and town houses, and Al-Dua’a Garden, which features wide open spaces, landscaped gardens and waterworks.
Al-Dua’a Holdings’ most ambitious project, which will be launched in March 2008 is Al-Dua’a World Islands, uniquely designed to match the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the United Arab Emirates and Ruler of Dubai, for the World Island.
The islands are being developed as a themed residential resort lifestyle development with 5 star-hotel, beach villas and condominiums, which will be the center piece for living and recreation in the World Island LLC-Nakheel.