Sunday, November 29, 2009

ETA Star participates in Arabian Travel Market

ETA Star will be participating in the Arabian Travel Market to be held in Dubai from May 2-5, 2006, at the Dubai World Trade Centre. ETA is planning to promote the services of its hotel management company, ETA Star Hospitality, while also showcasing its recently launched AED 1.2 billion Taj Exotica Resort & Spa and The Grandeur Residences, located at the Palm Jumeirah Crescent.

Operating in the commercial name, Star Hospitality Hotels & Resorts, it is involved in the management of hotels, resorts and hotel apartments of individual hotel owners, management of company properties, leasing of properties of individual owners and also owns hotels, resorts and hotel apartment properties.

ETA Star is also showcasing its other hospitality properties at the ATM 2006. The Taj Exotica Resort & Spa Palm Jumeirah, Dubai, a five-star hotel complete with a host of world-class facilities and an internationally renowned 'Jiva Spa' which will be the largest Spa in the Middle East; and The Grandeur Residences, a luxury residential complex modeled on the archetypal palaces of Rajasthan.

Monday, November 16, 2009

Construction commences for The Liberty House

ETA STAR is pleased to announce the commencement of construction of the prestigious property development "The Liberty House" located at the Dubai International Financial Centre (DIFC).

Liberty House is a mixed use (commercial, Residential and Retail) development, strategically positioned at the heart of the Sheikh Zayed Road and Dubai International Financial Centre business districts. It offers a total of 220 homes, 124 tailor-made studios, 20 one-bedroom apartments, 48 stylish one-bedroom duplex apartments, 12 roomy two-bedroom apartments and 16 luxurious and spacious two-bedroom with study apartments. In addition, customized Furnishing Fit-Out Packages and SMART Home Technology Packages are to be available to suit all tastes, requirements and budgets.

National Service Contracting Company (NSCC) is working on earthworks, shoring and piling substructure works and the site work has started on 22nd January 06.

Sunday, November 1, 2009

New Dubai Law welcomed by Property Investors

The revolutionary law paves way for non-UAE nationals to own properties in designated areas of Dubai Emirate and register their ownership with the Dubai Lands and Properties Department. The new Dubai law announced by His Highness Sheikh Mohammed Bin Rashid Al Maktoum, UAE Vice President and Prime Minister and Ruler of Dubai, re-confirms the visionary approach of Dubai government.

The law is of substantial nature and said to be followed by a number of new procedural bylaws that will identify the freehold areas the non-nationals could own, determine the registration fees and related procedures. The law has appointed Dubai Lands and Properties Department as a regulatory authority for all properties in the Emirate.

Once the procedurals are set in place, the law will bring the needed stability to real estate industry and help in its organized growth. The legalization of the private property ownership rights will be an enormous boost to trust and credibility of Dubai as an investment destination.

The new property law is a welcome delight and marks the dawn of a new era to the thriving Dubai property Market. It is a boon to international buyers considering property purchases in Dubai as a safe and viable investment.