Emaar Turkey launches luxury community
Dubai, October 3, 2012
Emaar Turkey, the country-subsidiary of Dubai-based Emaar Properties, has announced a new mixed use development spanning 67,000 sq m, offering luxury living in a stunning new urban neighbourhood.
The launch of Boulevardi, Emaar’s second project in the country, builds on the excellent response of the Tuscan Valley villa community in Istanbul; Emaar’s pioneering master-planned community in Turkey.
Boulevardi will comprise over 1,000 luxury homes, a 190-room five star hotel, a wide range of leisure facilities, offices, and a world class shopping mall, the largest on the Asian side of the city.
Ozan Balaban, general manager, Emaar Turkey, said: “There is considerable demand for high quality residential communities in Istanbul to meet the country’s exponential growth in the tourism and property sectors, drawing on the city’s unique business position bridging the Middle East region and Europe.
“Emaar’s first residential project in the region, Tuscan Valley, had gained strong investment from the Turkish community in Dubai as well as international investors, and we are confident of robust investor interest in Boulevardi too.”
“The Boulevardi development is situated in one of the most sought after residential locations in the city and will reflect Emaar’s global concept and commitment to providing luxury, master-planned residential neighbourhoods,” Balaban continued.
“The project will be a catalyst for further growth on the Anatolian side as a result of several financial organisations moving in following the relocation of Turkey’s Central Bank in the vicinity and further due to the prime location of the site at the hub of all major transport links.”
Boulevardi takes inspiration from the rich cultural heritage of the city featuring elegant homes inspired by Ottoman-style architecture surrounded by wide, tree-lined boulevards and vibrant neighborhood squares. Several lifestyle amenities including shopping, hospitality, dining and leisure facilities are in close proximity.
The Boulevardi mall, a trophy asset within the development, will be one of the largest in Istanbul and offer city dwellers a world class shopping and leisure destination.
Taking design inspiration from The Dubai Mall, the new retail and leisure destination will offer visitors the unsurpassed choice of over 400 stores, diverse culinary venues and unique leisure attractions including a Discovery Centre & Underwater Zoo, family entertainment centre, ice skating rink and mega movie theatre complex.
Emaar Turkey’s Boulevardi is showcased at Emaar’s pavilion in Cityscape Global, the premiere real estate exhibition that is ongoing through October 4 at the Dubai International Convention Centre. – TradeArabia News Service
More Construction & Real Estate Stories
- AECOM wins $148m Doha Expressway contract
- Top Indian property firm plans Bahrain foray
- Pacific Ventures names brand ambassador
- Chesterton to unveil prime London properties
- Indian Property Show 2013 to be ‘biggest ever’
- Alwaleed eyes world's big cities for mile-high tower
- Cluttons seals tenancy deal with Durrat
- Masdar launches wind farm in Seychelles
- Drake & Scull mulls dual listing in Saudi
- APR Energy wins biggest Libya power contract