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World Trade Centre Residence project unveiled

United Arab Emirates: Thursday, December 16 - 2004 @ 08:09

“The World Trade Centre represents the heart of Dubai, and is a symbol of the city’s tremendous growth and ambition. There is an important synergy between the choice of location of the World Trade Centre Residence, and the project’s distinctive aesthetic character, exclusivity and progressiveness. The World Trade Centre Residence is a powerful statement on just how far Dubai, now a genuine world city, has come.”

The World Trade Centre Residence, due for completion in December 2007, will house 349 upscale apartments, and officials say that several of the properties, available on 99-year, lease contracts, have already been sold to handpicked clients.

A World Trade Center LLC enterprise to be built on the site of the World Trade Centre Hotel, the elegant 38-storey building is based on a concept by top international architect Hazel Wong, whose UAE portfolio also includes the brand new Dubai Federal Aviation Headquarters, Emirates Towers, and the National Bank of Dubai building. The World Trade Centre Hotel will be demolished in 2005.

With the rapid expansion of Dubai’s central business district along Sheikh Zayed Road, the real estate of the World Trade Centre area is expected to become more sought after than ever.

The World Trade Centre Residence puts the social elite of the emirate at the geographical centre of Dubai, right next to many of its most important landmarks, including the Dubai International Exhibition Centre and Emirates Towers.

More than 100 prospective Residence owners will receive a special preview of the development at a VIP reception tonight at Emirates Towers courtesy of the project’s development team.

The most compelling feature of the World Trade Centre Residence is undoubtedly its unique apartments and facilities. The development promises a combination of the ultimate home environment combined with levels of five-star luxury and service associated with the best hotels.

Though the secure privacy of the World Trade Centre Residence is one of its key selling points, residents are also guaranteed the finest personal touch, including 24-hour concierge and valet services.

Leading hotel management company Jumeirah International has been appointed building and facilities manager, responsible for the day-to-day running of the property. Jumeirah International manages the world-class, award-winning Dubai hotels Burj Al Arab, Madinat Jumeirah, The Jumeirah Beach Hotel, and Emirates Towers.

Gerald Lawless, Chief Executive Officer of Jumeirah International, said: “We are delighted that the World Trade Centre Residence will be another prestigious member of the Jumeirah International family. Jumeirah International has the track record to ensure service levels match the World Trade Centre Residence’s exclusive positioning in the market. We are looking forward to this impressive real estate project adding to the Dubai cityscape.”

The functionality and freedom of the World Trade Centre Residence’s unique living space are equally certain to captivate the property’s residents.

One, two, three and four-bedroom apartments in, astonishingly, 40 different configurations, including duplex and open-plan designs, are available, and the quality of the finishes and fittings inside will satisfy the most discerning tastes. There is an inter-play of contemporary interior finishes in white, green and glass – and more traditional designs with beige and azure colours, and Islamic motifs.

“The World Trade Centre Residence is synonymous with understated refinement,” added Duncan Pendlebury of Jung Brannen, the architecture practice responsible for the building schematic, detailed design and construction stages. “The property is a class apart from other city-centre upscale apartment buildings. The level of specification is incredible; the World Trade Centre Residence offers 40 different apartment types, something few exclusive apartment buildings around the world can match.”

A landscaped rooftop garden and terrace, fully equipped gym and health club, and temperature-controlled pool and poolside bar-cum-café are other winning features of the World Trade Centre Residence. The rooftop will be home to The World Trade Centre Residence Club, an informal retreat and meeting place strictly for residents and guests.

Every home owner will also enjoy the full suite of technical facilities to guarantee the most comfortable and secure living environment, including cable TV outlets in all rooms, separate temperature zones in each bedroom, private hot water system, AV intercom connection to the concierge desk, CCTV security monitoring, and covered parking.

Due to open in December 2007, the World Trade Centre Residence has brought together the best consultants in their respective fields.

Hospitality leader Jumeirah International is the exclusive building and facilities management consultant. New York-based Turner Construction is the project and construction manager.

Jung Brannen, one of Boston’s finest architecture firms, is responsible for the selection of all the property’s interior finishes and project delivery. Hazel Wong provided the initial design concept for the World Trade Centre Residence.

Asteco is the real estate consultant and coordinating agent for the entire project, responsible for the sale of all apartments. Established in Dubai in 1985, Asteco is the UAE’s largest property management company, and its services include retail, commercial and residential sales and leasing; strategic consultancy; property marketing; feasibility studies and evaluations; and research and investment.

Asteco has an extensive client list in the UAE, and an impressive portfolio of properties in Europe. In the UAE, Asteco has offices in Abu Dhabi, Dubai, Sharjah and Al Ain.

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Thursday, December 16- 2004 @ 8:09 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.

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