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Emaar, Armani to launch residential property in Egypt

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27-Aug-2008

 Armaani

Residential property is part of Marassi, a master real estate development in Egypt being built by Emaar Misr, country subsidiary of Dubai's leading real estate developer

Dubai-based Emaar Properties PJSC will partner with Armani to launch the high-profile Armani Residences in Marassi, Emaar's flagship resort realty development in Egypt.

Mr Mohamed Ali Alabbar, Chairman, Emaar Properties, said: "Armani Residences, Marassi blends the advantages of a spectacular location with the world's most elegant and refined home designs. Sidi Abdel Rahman Bay is a historic Mediterranean beach destination where Emaar Misr, through Marassi, is bringing in a new lifestyle."

The resort-style residential properties featuring a combination of stacked villas and three- and four-bedroom villas, all facing the Mediterranean Sea, will be an integral part of Marassi, the EGP9.92 billion (Dh6.39 billion) master-planned community developed by Emaar Misr, the wholly-owned country subsidiary of Dubai's leading real estate developer.