Tebyan - News

Tebyan Launches Sparkle Towers

Boasting breath-taking views of the Marina skyline and waters, find your luxurious future home in the selection of studio, one bedroom, two bedroom, three bedroom and penthouse apartments.

The two towers are Ground+29 and Ground+14 connected to a Ground+4 podium and a 3-basement parking space, making your choice of view and perspective spectacular at every level. In addition, several retail spaces facing the waterfront and the main road will offer a selection of retail outlets to serve the residents of Sparkle Towers.

Amlak plans to open hotels across GCC

Amlak Hotels & Tourism Investment Company has plans to open a hotel in every GCC country over the next five years, with multiple properties already signed in Saudi Arabia, Dubai and Oman.

The Jordan-based hospitality firm established in 2000 already operates hotels in Dubai and Amman under its dry Belle Vue brand, with plans to enter Saudi Arabia this year.

"We're launching two hotels in Saudi Arabia in Dammam. One of them is Belle Vue Inn which will be opened in one and a half months and is three stars. The other one will be opened hopefully in February 2013 and the name of it is Grand Belle Vue Al Shraa. This is five-stars," Amlak Hotels & Tourism Investment Company CEO Naji Alia told Hotelier Middle East.

The operator also has a five-star 'Grand Belle Vue' hotel under construction in Riyadh, on Olaya Street, which is expected to open within 18 months and is said to be eyeing an opportunity in Jeddah.

"There's another hotel under construction in Muscat, Oman. It will also be ready in one and a half years, we've just started the drawings, licensing and everything. We're targeting for it to be a four- or five-star hotel," Alia revealed.

In Dubai, the company already has a hotel signed in Jebel Ali Downtown and hotel apartments in Dubai Marina which were put on hold during the financial crisis, but Alia said he is in discussions with the respective developers to restart both projects.

"In the Gulf area, we're also targeting Bahrain and Kuwait," he added.

"I did surveys in Kuwait, I think we have a very nice opportunity but still we didn't sign an agreement with any owners there. I hope we'll finalise one project which is all ready and furnished and located in Kuwait's Salmiya area on the sea."

A second hotel in Jordan and entry into Qatar is also on Amlak's agenda: "If we get one hotel in each country we're moving in the right direction according to our plans," said Alia, "so in five years I hope we will achieve 10 hotels".

The firm is also about to launch a new club floor at its existing Amman property.

The Belle Vue brand includes three tiers: three-star Belle Vue Inn, four-star Belle Vue Hotels and five-star Grand Belle Vue, and specialises in hotels that do not serve alcohol and offer guests high levels of privacy. But Alia said the brand is not only targeted at GCC travellers.

"We're targeting all the segments. Last month according to our statistics, number one [guest markets] for Jordan and Dubai were America and China. There were so many corporate agencies, government embassies, but we're providing something special for the families besides meeting the businessman's requirements," he said.

"We're creating our own summit in this business of dry hotels," Alia added.

Billion USD to be invested in Dubai real estate

An investment of $1-billion will be made over the next two years in various real estate development projects across Dubai by leading Dubai-based real estate company Tebyan.

Tebyan will initially launch projects worth over Dh3 billion over the coming two years including a 40-building community at IMPZ, two towers each at Dubai Marina, TECOM and Silicon Oasis, according to Khaleej Times.

The first towers to be launched will be the Dh160 million Tebyan Clarity Towers at Tecom Free Zone (encompassing Dubai Media City, Dubai Internet City and Knowledge Village), at the beginning of 2007. The towers will have 14 floors and three parking levels.

"Tebyan Clarity Tower is the culmination of intense strategic planning and a unique vision, combined to create a new standard for real estate development in Dubai and the project provides end-buyers an opportunity to own their own office space," said Shaikh Adel Al Hussaini, Tebyan's Chairman.

"Increase in rentals have increased demand for freehold commercial space particularly those oriented in a free zone area and this makes Tebyan Clarity Tower more lucrative for the end-buyers as it provides a chance to build assets and gain an excellent return on investment."

"Dubai is attracting many International companies who are seeking to establish their businesses, particularly in free zones. These free zones customize policies and infrastructure for their respective activity type, thereby facilitating the set-up and management process, which are critical success factors for any organization in expanding its global presence," added Shaikh Al Hussaini.

تعرف علينا

تعتبر تبيان من أسرع الشركات نمواً وازدهاراً في قطاع التطوير العقاري في إمارة دبي، بما تملكه من رؤية فريدة، وإستراتيجية متقنة، لتتخطى في فترة قصيرة جميع الحواجز والتحديات، ولتقدم للسوق العقاري مشاريع إبداعية تزهو بالتألق، وتتمتع بالراحة والأمان، وذلك حرصاً من الشركة أن تستمر في مهمتها في تقديم أفضل الفرص الاستثمارية الواضحة والمضمونة في مشاريعها العقارية المتنوعة، لتكون في صدارة أشهر المطورين في المنطقة وأكثرهم ثقة ومسؤولية.

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