redefine your image - al fara'a · pdf fileluxury golf courses burj al arab dubai, the...

Redefine your image

Developed by:

Redefine your image

A whole new image

First impressions are lasting impressions - redefine the way you live by immersing yourself in a chic quality of life complemented by well-designed and contemporary living spaces that represent exactly the image you want to portray. Such a harmonious blend of luxury, location and lifestyle is on offer at Image Residences, a luxurious residential development by Al Fara’a Properties.

Defined by practicality and endowed with style, Image Residences is an exclusive residential address providing a premium lifestyle for the discerning few. Situated in Downtown Jebel Ali, within the bustling metropolis of Dubai in the United Arab Emirates, the tastefully-crafted interior finishes of Image Residences combined with its masterfully designed structure, provides you with a preview of what ‘the jewel of the Middle East’ has to offer.

Image Residences

Vibrant Dubai

Luxury golf courses Burj Al Arab

Dubai, the hub of the Middle East and one of the fastest growing cities in the world has, in recent times, experienced phenomenal growth which has positioned it as one of the forthcoming financial, business and tourism capitals of the world.

The city is undergoing an incredible boom within the realty sector with a remarkable and iconic skyline dominated by the Burj Dubai, the world’s tallest tower, Burj Al Arab, the world’s first seven star hotel, The Palm and The World. Another such development, created to reflect Dubai’s elite cosmopolitan lifestyle – is Downtown Jebel Ali – a fully integrated, residential and commercial community.

Sheikh Zayed Road at night

EMIRATES ROAD

Dubai Waterfront

Palm Jebel Ali

Jebel Ali Port

Palm Jumeirah

Dubai Marina

The World

Burj Al Arab

Palm Deira

Port Rashid

Mall of EmiratesBurj Dubai

DubaiAirport

JumeirahIslands

Jebel Ali Freezone

Dubai World Central Airport

Golf Estate Sport

City

Jumeirah Village

DIFC

International City

EmiratesHill

lbn BattutaMall

Dubai Mall

Dubai OffshoreSailing Club

Reef Mall

DubaiFestival City

SHEIKH ZAYED ROAD

AL KAHIL ROAD

EMIRATES ROAD

SHEIKH ZAYED ROAD

ZONE 1ZONE 2

ZONE 3

ZONE 4

Downtown Jebel Ali is a 200-hectare, mixed-use urban community along an 11 kilometer stretch of Sheikh Zayed Road. It will accommodate more than 200,000 people in four distinctive zones. Each zone will have three individual districts: The Urban Centre, The Trellis and The Medina, creating a blend of business, residential, shopping, dining and entertainment facilities, as well as its own iconic, individually-themed plaza, which will be the transport, retail and entertainment hub of the zone.

Downtown Jebel Ali is located between the Jebel Ali Free Zone and Techno Park, and will have 330 buildings, 208 of which are residential. Around one hectare in five will be green, open space and there will be pedestrianised, car-free areas. The development will also boast a rich, convenient transport system, enabling people to live in, work at or visit Downtown Jebel Ali without the need for a car. An internal “people mover” will use the latest technology to provide easy, environmentally-friendly travel within each zone; four Dubai Metro stations will allow effortless travel between each zone and road access will be via four new freeway interchanges.

Limitless LLC, a Dubai World company, is an integrated global real estate developer across all market segments, delivering distinctive, sustainable developments. Established in July 2005 and built upon the philosophy of ‘delivering distinction’, Limitless has three specific areas of expertise: master planning large urban communities, waterfront development and the implementation of large scale balanced projects.

Situated at the heart of Downtown Jebel Ali is Image Residences, a luxurious residential development by Al Faraa Properties, one of the leading developers in Dubai.

Downtown Jebel Ali

N

Image Residences’ enviable location in the lively Medina District within Zone 3 allows you to enjoy all the trappings of a well integrated community with lush landscaped gardens, stunning urban plazas and children’s playgrounds.

This superb development is strategically positioned in close proximity to Dubai World Central International Airport - the world’s largest airport, Jebel Ali Free Zone - the world’s largest man made harbor, Techno Park & Dubai Waterfront - the world’s largest waterfront development.

Strategically positioned

N

Downtown Jebel Ali Zone 3

At Downtown Jebel Ali, the upcoming Dubai Metro system will connect Image Residences to the rest of Dubai and four new planned highway intersections will make your commute fast and stress-free. The new Dubai World Central International Airport – the world’s largest passenger and cargo terminal - will only be minutes from Downtown Jebel Ali. This new airport will be linked to the existing Dubai International Airport by a high speed express rail system and served by the Dubai Metro and a dedicated Dubai World Central light railway.

A visionary transport hub

Making a design statement Image Residences, a lavish residential development of two towers, with Towers A and B comprising 17 and 11 floors respectively, has been carefully designed to be an integrated offering of homes with well crafted studios, spacious one bedroom, two bedroom and three bedroom apartments and plush townhouses.

Reflect on your lifestyle as you take in the vistas of the lush landscaped areas and beautiful urban plazas from the environs of your own patio at Image Residences.

Each apartment at Image Residences has been designed with an eye for detail to provide the chic and fashionable standard of living that will delight its residents.

• Stylish,fullyequippedkitchens

• Manyapartmentswithprivategardensandmaid’sroom

• Spaciouswalk-inwardrobesinmostapartments

• Generousandcomfortableinteriors

• Stunningluxurybathrooms

Focus on style and comfort

Integrated with a controlled state of the art lighting system, the smart home design at Image Residences alleviates the everyday problem of intrusive technology components, from switches to control panels, cluttering up your interior. A custom-designed combination faceplate will elegantly house all your audio, visual and lighting functions. With one superior master panel, the smart home lighting system will offer mood lighting flexibility and scene selection throughout your home.

Transcend your lifestyle with acute hi-fi performance throughout your home with fully compatible technologies, including iPod and Mp3 options. Listen in on the news in your bathroom or to your favourite tunes in the kitchen as you prepare a meal for the family. The stylish wall mounted key pads and hand held remotes allow you full control over both audiovisual and lighting from the comfort of your arm chair.

Smart Homes

lighting and curtain control

speakers

control panel

ipod dockingstation

Combining urban style with modern conveniences and a cosmopolitan atmosphere, a new home at Image Residences offers you the luxury and comfort of your own space designed to accommodate not just your needs but also to satisfy your desires.

A well manicured central leisure deck with a generously-sized swimming pool and children’s pool is surrounded by relaxing outdoor sitting and barbeque areas. Simply relax or choose to have a stress-releasing workout at the state-of-the-art-gym, followed by some retail therapy in the surrounding plazas.

A new perspective on life

Image Residences offers an amazing range of facilities and amenities that complement your way of life

Specification

Amenities

• Largelandscapedleisuredeck

on the podium

• Swimmingpool&children’spool

• Stateoftheartgym

• OutdoorseatingandBBQarea

• SmartHometechnology

• Basementandpodiumcarpark

Facilities

• Retailoutletsatthegroundfloor

• Highspeedinternetconnectivity

• 24hoursecuritysystem

• Districtcoolingsystem

At Al Fara’a Properties, we understand the importance of your investment and recognize the trust you place in us. Whether you are a first time buyer or a seasoned investor, we are committed to providing you with a home of the highest quality. We offer you a choice of both Islamic and non-Islamic banks that provide attractive payment plans to suit your budget. At Al Fara’a, we create value for our customers.

Up to 90% finance available

Investing in your image

Site plan Courtyard 4th floor

All materials, dimensions and drawings are approximate. Information subject to change without notice. Actual usable floorplan space mayvaryfromthestatedfloorplan.Thedeveloperreservestherighttomakerevisionstofloorplans.Drawingsnottoscale.E&OE.

Key

1 bed

2 bed

3 bed

N N


Typical floor plan

Key

Studio

1 bed

2 bed


STUDIO 1 BEDROOM 2 BEDROOM

STUDIO 1 BEDROOM 2 BEDROOM N

Typical studio apartment

N


Total unit area

from451ft2 to 503ft2

Typical 2 bedroom apartment

N


N



Total unit area


Total unit area

from 1351ft2to1487ft2


N

Typical 2 bedroom + maid apartment

N



Total unit area

from 1508ft2 to 1709ft2

Total unit area

from 1957ft2to2413ft2

Typical townhouseGround and first floor


Typical townhouseSecond floor


N N

Total unit area


• Exclusive lobby

• Attractive Medina Street view

• Master bedroom suites

• Spacious family room

•AlFara’aGeneralContractingCo.

•UnibertonReadymix

•AlFara’aSteelStructures

•BelgiumAluminium&GlassIndustries

•AlSabbahElectro-MechanicalCont.Est.

•AlFara’aProperties

•AlFara’sInvestments

•AlFara’aInteriors&Joinery

•AlFara’aPrecast

Al Fara’a Properties brings the combined experience of more than 28 years of the Al Fara’a Constructionand IndustrialGroup to ImageResidencesatDowntownJebelAli:Al Fara’a Properties is committed to building excellence through partnership with our clients and consultants to ensure that every project we put our name to, meets the highest design and quality standards at the best prices.

Established in 1980 as a construction and general contracting company, Al Fara’a is now recognizedasoneofthemostsoughtafterconstructiongroupswithintheU.A.E.Overthelast28years,AlFara’aConstructionGrouphashoneditsskillsandestablishedgroupcompaniesin allied sectors such as Real Estate and Property Development, Readymix Concrete, PrecastStructures,Electro-MechanicalServices,AluminiumandGlassInteriorsandJoinery.

Weaving luxury into everyday living

A slice of life the big apple way

Al Fara’a offers total integrated construction packages providing all services under one roof.

800 ALFARAA (800-2532722)+971 4 396 1118www.alfaraaproperties.comDeveloper Registration No 78/2007

Invest at Image

Developed by:

Invest at Image

Defined by practicality and endowed with style, Image Residences is an exclusive two tower mid-rise residential address situated within downtown Jebel Ali in the bustling metropolis of Dubai in the United Arab Emirates. The tastefully crafted interior finishes of the studios, spacious one, two bedroom and three bedroom apartments and plush townhouses provide a preview of what the jewel of the Middle East has to offer.

Reflect on your lifestyle as you take in the vistas of the lush landscaped areas and beautiful urban plazas from the environs of your own private patios at Image Residences.

Image Residences

• Leadership The growth of Dubai is led by the powerful vision unveiled by the Prime Minister of the UAE and Ruler of Dubai, General Sheikh Mohammed bin Rashid Al Maktoum for 2015 is to grow the GDP of Dubai from $37 billion to $108billion.

• GDP Growth GDP growth remains significantly above the averages of developed economies. The Dubai Government expects GDP to reach $67Billion in 2010.

• Trade Driven by the world’s 4th largest logistical network, Dubai Port World handled 43.3 million TEUs via its portfolio of 42 terminals in 2007. Also, backed by 19 trade free zones, Dubai is the leading choice for international investors to operate from.

• Free Zones Business can be set up in just 30 minutes in a Dubai free zone which are now home to 5,000+ companies with an estimated total investment of over $4 billion.

• Freehold Property Effective 2002, the Dubai government permitted the ownership of freehold property to expatriates, which has changed the real estate industry in the region.

• Tax-free A tax-free regime has aided Dubai’s rise to prominence as a financial centre of excellence. With no capital gains, inheritance or income tax and fantastic employment prospects, Dubai attracts international high earners and investors.

• Population Growth Emergence of Dubai as the regional centre of commercial activity is one of the key drivers behind population growth. Employee growth has more than doubled over the last ten years and today the figure stands at over 1 million employees.

• Tourism The tourism industry is one of the primary sources of future growth with approx. 6 million tourists visiting Dubai in 2006 and a projected 15 million tourists by 2010.

• Construction Boom This is eminent by the fact that 25% of the world’s cranes are used in Dubai.

The above are key indicators that have defined Dubai as a lucrative hub for both national and international investors alike.

Source: Colliers 2007 report

A stable, growing economy

Why Dubai?

Most Popular Expatriate Destination

Bahrain

0.00% 10.00% 20.00% 30.00%15.00% 25.00% 35.00%

35.00%

40.00%5.00%

Qatar

Kuwait

Saudi Arabia

Oman

UAE*

Dubai

* Excluding Dubai

Source: GulfTalent Survey

Dubai GDP Growth at Current Prices

Source: Dubai Chamber of Commerce & Industry

300,000

200,000

50,000

2005 2007 20092006 2008 2010

YEAR

GD

P (A

ED

)

250,000

100,000

150,000

Population Growth Curve

Source: Ministry of Planning, Dubai Municipality

2,000,000

1,200,000

1,600,000

800,000

400,000

1,800,000

1,000,000

1,400,000

600,000

200,000

2005 20072006 2008YEAR

PO

PU

LATI

ON

Original Forecast

Revised Forecast

Dubai International Airport Statistics

Source: Dubai International Airport

0 0

5

400

200

251200

15

800

35 1600

10

600

30 1400

201000

2001 2002 200420001999

YEAR

PAS

SE

NG

ER

S (m

illio

ns)

TON

NE

S

2003 2005 2006

Passengers (millions)

Freight (tonnes)

Why Dubai?

On the back of a booming economy and a favourable tax regime, there has been a massive influx of both foreign and local property investors:

Mortgage Finance

Number of banks willing to lend finance on the purchase of ‘foreign ownership’ properties has increased as banks adopt less conservative lending practices with mortgages now being offered on up to 96% of a property’s market value.

Freehold & Free zone Investments

Changes made to property law in 2002 enable foreign investors to buy freehold property in Dubai, entitling them to a residence visa. The combination of a relatively ‘red-tape free’ buying process, no legal fees, reasonable transfer fees and only 1.5% land registration tax payable to the Government on completion. Q1 2008 figures indicate that International investors from Saudi Arabia, India and the United Kingdom head the list of a diversified investment demographic that pumped an estimated AED13Billion into the Dubai realty market.

Security – Escrow Account

Owing to a substantial portion of investment being made in ‘off-plan’ projects, in July 2007 Dubai authorities introduced the Escrow or ‘Trust Account’ which safeguards the interests of freehold property buyers. An escrow is the deposit of funds with a neutral third party (The Escrow Agent) until such time as either a certificate is issued that the building is completed; or the property is registered in the name of the purchaser; or the transaction is cancelled and the purchase price has been dealt with accordingly.

Attracting national and international property investors

Figure 1.1

Value (AED)

6,000,000,000

Saudi ArabiaIndia

United Kingdom

PakistanIran

QatarKuwait

Oman

Bahrain

Russian Federation

4,000,000,000

2,000,000,000

0

Why Residential Property?

Sound Investments

Rising property prices in Dubai continue to maximize capital investment in real estate; indeed some construction projects have appreciated by more than 300% in less than two years. The price of properties on the resale market can achieve up to an average of 70% more than their original purchase price, depending on their popularity.

High Rental Yields

‘Global Property Guide’ lists an apartment of 120 square metres in Dubai, priced at around US$140,000 generating a typical rental yield of 12.8%. Apartments of approximately 50 square metres are listed at around US£50,000 generating a rental yield of 8.4%. The United Kingdom, Ireland and many of the European capital cities are witnessing rental yields falling to below 3%. In Dubai, rental yields are currently holding firm at 6-7% per annum. Another added benefit is that rents in Dubai are paid in advance, sometimes up to 12 months in advance which is an advantage for investors considering purchasing residential property in the region

Supply & Demand Curve

The demand for residential property continues to rise owing to strong population growth and strong wages underpinned by very buoyant economic conditions.

Source: Colliers Q1 2008 report

A rising market attracting global attention

Why Downtown Jebel Ali?

Located between the Jebel Ali Free zone and Techno Park with their wealth of commercial, employment and educational opportunities, Downtown Jebel Ali will be at the heart of the most dynamic and strategically significant region of Dubai:

• The development is situated along an 11-kilometre stretch of Sheikh Zayed Road andis a 200-hectare mixed community which will accommodate more than 200,000 people. Downtown Jebel Ali will feature 330 buildings, 208 of which are residential.

• Downtown Jebel Ali will have four distinctive zones, each with three individual districts - The Urban Centre, The Trellis and The Medina – offering a blend of business, residential, shopping, dining and entertainment facilities as well as an iconic, individually-themed plaza.

Dubai’s most exciting and innovative new location to live, work and relax…

EMIRATES ROAD

Dubai Waterfront

Palm Jebel Ali

Jebel Ali Port

Palm Jumeirah

Dubai Marina

The World

Burj Al Arab

Palm Deira

Port Rashid

Mall of EmiratesBurj Dubai

DubaiAirport

JumeirahIslands

Jebel Ali Freezone

Dubai World Central Airport

Golf Estate Sport

City

Jumeirah Village

DIFC

International City

EmiratesHill

lbn BattutaMall

Dubai Mall

Dubai OffshoreSailing Club

Reef Mall

DubaiFestival City

SHEIKH ZAYED ROAD

AL KAHIL ROAD

EMIRATES ROAD

SHEIKH ZAYED ROAD

ZONE 1ZONE 2

ZONE 3

ZONE 4

Why Downtown Jebel Ali?

• DowntownJebelAliboastsarich,convenienttransportsystem,enablingpeopletolivein,work at or visit Downtown Jebel Ali without the need for a car. An internal “people mover” system will use the latest technology to provide easy, environmentally-friendly travel within each zone.

• FourDubaiMetrostationswillalloweffortlesstravelbetweeneachzoneandroadaccesswill be via four new freeway interchanges.

• ThenewDubaiWorldCentralInternationalAirport–theworld’slargestpassengerandcargoterminal – is minutes from Downtown Jebel Ali. This new airport, offering three passenger terminals, luxurious facilities, hotels, shopping malls and over 100,000 parking spaces, will be linked to the existing Dubai International Airport by a high speed express rail system and served by the Dubai Metro and a dedicated Dubai World Central light railway.

This incredible upcoming growth in surrounding infrastructure puts Downtown Jebel Ali at the forefront of being a rewarding investment prospect.

Make the right connections with an impressive transport network

Why Image Residences?

• Image Residences is a lavish residential double-tower development with Towers Aand B, comprising 17 and 11 floors respectively, offering a luxurious collection of well crafted studios, spacious two and three-bedroom apartments and plush three-storey townhouses.

• Image Residences offers a premium lifestyle opportunity, combining the best of urbanstyle, modern convenience and a cosmopolitan atmosphere with restaurants and retail outlets almost on the doorstep. Premium apartments have private patios overlooking lush, landscaped areas and beautiful urban plazas.

• Communal areas include a carefully-manicured central leisure deck with a generously-sized swimming pool and children’s pool, outdoor sitting and barbecue area, a state of the art gym and male and female spas.

• ImageResidencesenjoysanexclusiveresidentialaddressinanenviablelocationwithinthevibrantMedinaDistrict,setinZone3ofDowntownJebelAli.Thisoutstandingdevelopmentis strategically placed to provide easy access to Dubai World Central International Airport -theworld’s largestairport,JebelAliFreeZone-theworld’s largestman-madeharbor,Techno Park and Dubai Waterfront – the world’s largest waterfront development.

• Designedwithaneyefordetailandanunderstandingofthechicandfashionablelifestyleof residents, Image Residences offers a high level, high quality specification including fully fitted kitchens with a range of appliances, air conditioning and built in wardrobes to many of the new properties.

• ThelatestSmartHomeTechnologyandmultiplexdataandvoicenetworkhubprovidingstate of the art sound, home entertainment and lighting systems along with integrated security, home management and home tasking.

• Basementandpodiumcarparking,firealarmsystem,closedcircuittelevisioncoveringthebasement, reception and entrance areas.

An outstanding opportunity

Why Al Fara,a Properties?

Weaving luxury into everyday living

A slice of life the big apple way

Committed to timely deliveries and working in partnership with our clients, Al Fara’a ensures that every development is built to the design and quality standard that creates the highest value for our home owners and investors alike.

With Le Grand Chateau being the first development to have commenced ground breaking at Jumeirah Village South, our soon to follow portfolio of projects currently boasts the following per annum average ROI ranges:

Launch date Project Avg. ROI per annum

November 2006 Le Grand Chateau 96%

October 2007 The Manhattan 145%

February 2008 Mulberry Mansions 600%

Creating value for our customers

0

145%96% 600%

Le Grand Chateau

Mulberry Mansions

The Manhattan

Ave

rage

RO

I pe

r an

num

Established in 1980, Al Fara’a Properties is a company that has gained experience in construction over a period of 28 years and intends to use its expertise and skills over the decades yet to come.

The Al Fara’a Construction Group owns and manages a diversified portfolio of companies across all disciplines in construction and related sectors. Each sector is served by a specialist company and together these create synergy, giving the Al Fara’a Group a unique business advantage. The company’s unmatched record in the UAE has lead to certification as a ‘special grade solutions provider’ by the UAE Government; the highest ranking award available. The companies within the group include:

As a horizontally and vertically integrated organization, The Al Fara’a Group employs over 15,000 people from a range of nationalities, taking a management approach that involves worker empowerment, and development. At Al Fara’a Properties we create value for all our customers, regardless of whether you are a first time buyer or a seasoned investor.

Why Al Fara,a Properties?

No missing links

•AlFara’aGeneralContractingCo.

•UnibertonReadymix

•AlFara’aSteelStructures

•BelgiumAluminium&GlassIndustries

•AlSabbahElectro-MechanicalCont.Est.

•AlFara’aProperties

•AlFara’sInvestments

•AlFara’aInteriors&Joinery

•AlFara’aPrecast

800 ALFARAA (800-2532722)+971 4 396 1118www.alfaraaproperties.comDeveloper Registration No 78/2007

redefine your image - al fara'a · pdf fileluxury golf courses burj al arab dubai, the...

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