Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

Damac launches Shariah Constella  Join our daily free Newsletter

MENAFN - Khaleej Times - 06/05/2014
No. of Ratings : 0
Add to Mixx!



(MENAFN - Khaleej Times) Mac hotels the hospitality arm of damac properties has officially launched the first fully-certified shariah-compliant serviced hotel apartments in dubai during the arabian travel market or atm.constella is a luxury tower under construction in the thriving community of jumeirah village. the full management of the project will be carried out on shariah principles and result in the issuing of a shariah ertification by dar al sharia.although there are projects in dubai that are alcohol-free and claim to be shariah-compliant constella will also have separate swimming pools for men and women separate gymnasiums and saunas. the restaurant will also have a single section for men and a separate family section. there will also be dedicated floors provided for ladies that will be served by female only staff. in addition constella will also fully comply to islamic financing principles with all funds for the project managed by an islamic bank.“damac properties is a dubai company which listens to market demands and we were keen to bring a fully-certified shariah-compliant product to the market for some time” said ziad el chaar managing director of damac properties. “constella presents a unique opportunity to invest in the dubai real estate market in-line with the principles and beliefs of many of our customers particularly those from saudi arabia and here in the uae.” el chaar went on to acknowledge dar al sharia and the real estate regulatory authority for their support in bringing this product to market.damac properties will be hosting an exclusive vip event at damac maison – dubai mall street today from 10:00am to present the project and release a select number of units at pre-launch prices. prices for constella start at dh702000 and will be completed by 2017. each constella unit comes complete with a fully-fitted kitchen and daily housekeeping services.— business?khaleejtimes.com


 


Khaleej Times




  MENA News Headlines
 May 6 2015 - HE the Chief of Staff Meets French CommanderQatar News Agency
(MENAFN - QNA) HE the Chief of Staff of the Qatari Armed Forces Major General (Pilot) Ghanim bin Shaheen Al Ghanim met Wednesday with Chief of Staff of the visiting French Army General Jean-Pierre ...

 May 6 2015 - Croatian Deputy Prime Minister Meets Qatari AmbassadorQatar News Agency
(MENAFN - QNA) Deputy Prime Minister and Minister of the Interior of the Republic of Croatia, Ranko Ostojic, met here on Wednesday with Qatar's Ambassador to the Republic of Croatia, HE Sheikha Moza ...

 May 6 2015 - Pakistani Army Chief of General Staff Meets Qatar's AmbassadorQatar News Agency
(MENAFN - QNA) Pakistan Army Chief of General Staff Rashid Mahmood met here today with HE Qatar's Ambassador to Pakistan Saqr bin Mubarak Muhammad Saqr Al Mansouri. Talks during the meeting focused ...

 May 6 2015 - Advisory Council's Services Committee MeetsQatar News Agency
(MENAFN - QNA) The Advisory Council's Services and Public Facilities committee on Wednesday held its first meeting during the council's 43rd regular session under the chairmanship of its rapporteur ...

 May 6 2015 - Municipality Minister Meets Tunisian Environment MinisterQatar News Agency
(MENAFN - QNA) HE Minister of Municipality and Urban Planning Sheikh Abdul Rahman bin Khalifa Al-Thani on Wednesday met at his office with Tunisian Minister of Environment and Sustainable ...

 May 6 2015 - HE State Defense Minister Holds Meetings in TurkeyQatar News Agency
(MENAFN - QNA) HE Minister of State for Defense Affairs Major-General Hamad bin Ali Al Attiyah met Wednesday with Turkish Minister of Defense Ismet Yilmaz on the sidelines of the International ...

 May 6 2015 - Minister of Justice Meets Heads of GCC DelegationsQatar News Agency
(MENAFN - QNA) HE the Minister of Justice Dr. Hassan bin Lahdan Al Mohannadi met here on Wednesday with the heads of delegations participating in the first meeting of GCC officials for family ...

 May 6 2015 - Dubai's Jumeirah Group logs 5.2 percent revenue growth in 2014MENAFN
(MENAFN) Jumeirah Group, the Dubai-based hotel developer, recorded a revenue growth of 5.2 percent for 2014, marking a decline from the 8 percent reported a year ago, Arabian Business ...

 May 6 2015 - Two dead, 8 injured in Azraq - JordanJordan News Agency
(MENAFN - Jordan News Agency) Two citizens were killed and eight injured when two cars collided in Azraq town, north-east the Kingdom, Civil Defense Directorate said.Rescue teams in Zarqa governorate ...

 May 6 2015 - Israel test launches missile propulsion systemJordan News Agency
(MENAFN - Jordan News Agency) Israel tested a ballistic propulsion system for a satellite delivery Tuesday morning.A statement by the Defense Ministry said that the launch, conducted over central ...

more...


 






Google

Internatinal Property Show

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Economic Calendar
Financial Glossary


Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help