Al Thuriah delivers 100 million sq. ft. of completed projects as it celebrates 20th Anniversary

Sunday 22 January 2017

Dubai - MENA Herald: Al Thuriah Properties, the UAE’s premier property developer that specializes in high-rise residential towers and building communities, announced that it had crossed the milestone of delivering 100 million square feet of built up property to the UAE market. As it celebrates its 20th Anniversary, the company, whose head count crossed 1,000 employees, also announced that its projects attracted an investment of more than AED 5 billion into the UAE’s property sector. Almost 70 per cent of its clients are recurring investors and owners.
Al Thuriah also announced a major restructuring of its operations to better address opportunities in the UAE property sector. Operations are now split into four distinct divisions - Properties, Construction, Leasing and Facilities Management. These divisions will be autonomous but will draw upon the significant strengths that the company has acquired over its long-standing commitment to the UAE.
To demonstrate the agility of its new divisions and the difference these operations bring to the market, Al Thuriah Leasing announced that it now provides clients with a 48-hour leasing process with a hassle-free service for the all its 11 residential and mixed-use projects.
Al Thuriah Facilities Management commits to a 5-minute response time for clients that own or rent a property in its more than 42 projects.
Al Thuriah Properties continues its developments and has added more projects in the Al Khan and Al Nahda areas of Sharjah. It expects to add on more development areas across the UAE shortly. The last successful project it launched was in September 2016. The Sahara Tower 6 is the final jewel in the crown of Sahara Complex, a master development with a built-up area of 3,100,000 square feet that includes 1,384 apartments.
Al Thuriah Construction has created 25 projects for various clients across the UAE and is geared up to work 24/7 day and night shifts to deliver ahead of schedule, committing to exceptional safety and quality standards. Al Thuriah Construction has two projects underway - Future Tower 2 and 3 in Al Khan Area.
Addressing employees, partners and investors at the 20th Anniversary celebrations, Raymond Khouzami, CEO of Al Thuriah said: "It is with great pride that I look back on our multitude of achievements over the past 20 years. Each achievement, big or small, has gone towards creating our reputation as the reliable developer of premium and quality property and a solid property partner for our clients. I cherish the relationships we have built over this long time and look forward to adding many more, with employees, partners and investors. I am particularly satisfied to note that we have had a positive impact on our communities and on the overall property market in the UAE. We will continue to strengthen this positive impact with our new and focused organization structure, as we look forward to the next phase of our growth.”

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