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Giga Group launches AED 2 billion Smart City.

Goldcrest Properties, a member of one of the leading property developers in the region, GIGA Group, today announced the launch of 'Smart City', a AED 2 billion freehold residential development comprising of eight luxury residential towers.

The project is spread across an impressive built-up area of 4.2 million square feet along the Emirates Road and is being developed by Goldcrest properties. With the announcement, Smart City opened sales in their new Goldcrest office and Sales centre with prices starting from approximately AED 565/- per sq.ft.

Unveiling Smart City and commenting on the overwhelming investor response to the project, Mr. Amir Giga, Managing Director of Goldcrest Properties said, "the new residential development has been launched following the tremendous success of our signature developments in Jumeirah Lake Towers (Dubai) and Emirates City (Ajman) which were sold out in record time. Smart City will be a picture of inspiration, with environs which only enhance its value. We are confident that the quality of planning and attention to detail that we have employed in the execution of this project will be highly appreciated by the residents of this community, in terms of both, function and aesthetics."

Strategically located on the Emirates Road and within close proximity to Dubai International Airport, Smart City will offer over 3,500 luxury apartments comprising of studios, single-bedroom and double-bedroom units.

The Giga Group is offering tenants and investors in-house financing options on an interest free basis with flexible payment plans. In addition, due to growing concerns with regards to Ajman's infrastructure and utilities, the Giga Group guarantees electricity to all home owners of Smart City in conjunction with the Master Developer, Bonyan Investment Group.

Giga Group introduces the concept of smart living with ultra modern home-automation facilities and appliances. The towers within Smart City, boasts state-of-the-art infrastructure finished in a distinctive and professional-looking fusion of polished aluminum and ultra-smart executive gray glass. The interior's design will make optimum use of space and light and every detail has been attended to, from its high-speed elevators and six levels of car parking, to its top-class leisure facilities.

Smart City will be connected with LG HomNet, an intelligent home network solution that provides a convenient and secure lifestyle with the integration of digital home solutions including:  LG LCD TV - providing a choice of over 1000 movies LG Refrigerator, Washing Machine, Microwave IPod docking station - providing options of unlimited music downloads LG LCD HomNet Control Panel

With the connection of LG HomNet, Smart City will introduce tenants to the kind of lifestyle that was previously only possible in movies. Enhanced features will include ultra-high speed internet access, keyless entry smart homes, video & audio communications, integrated security with CCTV and parking & access Control and many more.

Residents at Smart City will have access to a wide range of state-of-the-art amenities including health and fitness centres with swimming pools, squash courts, badminton courts, table tennis, billiards, nurseries, a landscaped podium and multi-function hall for family parties and events.

"It is with great pride that the Giga Group launches a project that delivers on smart living. What we are developing is not a static sculpture, but a living habitat. Our aim is to make the design, more interactive, intuitive and aesthetic," added Giga.

The Giga Group has been responsible for building a number of luxury residential and high profile commercial developments in both UAE and Pakistan. To date, Giga Group has developed US$ 2 Billion worth of residential developments in Dubai, including the award winning Goldcrest Views with aims of expanding its project portfolio to reach US$ 11 billion in 4 years.

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Date:Jun 1, 2008
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