IGO launches $571m Meydan project
Dubai, October 7, 2013
Invest Group Overseas (IGO), a leading international investment company and a member of MAG group, unveiled The Polo Residence, its flagship Dh2.1 billion real estate project in Meydan in Dubai today.
Flanking the racecourse and accessible from Al Khail Road and Shaikh Mohammad Bin Zayed Road, the new gated community that covers an area of 1,500,000 sq ft in Meydan, will consist of 29 buildings, each uniquely designed to provide privacy and a feeling of space.
Dr Anas Kozbary, CEO of IGO, said: “The launch of this iconic polo-theme community is a proud moment for IGO, because it represents a new outstanding addition to the real estate scene of Dubai. The Polo Residence project is 8 minutes away from Down Town Burj Khalifa. The entire infrastructure around the project has been completed. The project is focused on green living with 60 per cent space reserved for green areas and playgrounds. The buildings are low rise (ground plus 4), making it one of the few projects in Dubai to offer quality lifestyle with fewer units per building.”
He added: “IGO is the developer behind some major property developments in the Middle East Region, with trend-setting projects. The Polo Residence is only a preview of the unique offerings IGO has in the pipeline for Dubai.”
While launching the unique development IGO announced its strategic partnership with Flash Properties, a leading real estate company in Dubai, to exclusively manage the sales of this contemporary "Polo Community" project that is scheduled to be completed by 2015.
“When IGO set out to identify the most suitable location for our major investment in Dubai, we had to narrow down our choices to something that fully captured the essence of our brand and our vision. After extensive studies and assessments, IGO settled on Meydan,” Dr Kozbary said. “Meydan boasts a friendly ambience, with serene surroundings. Most importantly, it is next door to Mohammad bin Rashid City, which we all believe will be another mega development in Dubai.”
Tanzeel Gader, CEO, Flash Properties said: “We are delighted to be granted the exclusive sales rights for The Polo Residence ambitious project. Flash Properties has handled the sales and marketing of some of the most successful real estate projects in the UAE. We are confident that we will replicate this success with The Polo Residence.”
The Polo Residence project will be showcased at Cityscape Global 2013 at IGO MAG stand as well as Flash Properties stand. – TradeArabia News Service