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ETA Star launches VERDE Towers in Dubai ‎Maritime City  Join our daily free Newsletter

MENAFN Press - 27/04/2008

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(MENAFN Press) ETA Star Properties, a leading property developer in the UAE, today announced ‎the launch of VERDE Residences and Offices in Dubai Maritime City.

The two-‎tower VERDE Residences and Offices is designed to achieve Gold ratings, as ‎provided by the US Green Building Council's Leadership in Energy and ‎Environment Design (LEED) programme, will be built in Dubai Maritime City, ‎near Port Rashid, Dubai.‎

Designed by celebrity architects, Mr. Adrian Smith and Mr. Gordon Gill, VERDE ‎Residences and Offices are designed to maximize the use of the natural forces ‎of wind, use natural light and geothermal mass, recyclable construction material ‎along with optimum use of energy-efficient systems and technologies. ‎

Dr. R. K. Pachauri, renowned environment scientist, co-recipient of the 2007 ‎Nobel Peace Prize and Chairman, Intergovernmental Panel for Climate Change ‎‎(IPCC), graced the official launch event of VERDE Residences and Offices. Mr. ‎Adrian Smith and Mr. Gordon Gill also attended the event.‎

The project comprises of two towers - residential and commercial. The 33- level ‎curtain-glazed VERDE Office tower is designed in the shape of trapezoidal. With ‎a total built-up area of 820,000 square feet, the Office tower will comprise of ‎podium offices and unique sky garden. The elegantly curved ‎

VERDE Residence tower is built in the shape of a boat. The 48 storey glass ‎tower, with a total built-up area of 1.35 million square feet, includes luxurious ‎
‎2 & 3 bedroom units, 3 & 4 bedroom penthouses and 4 bedroom duplex ‎townhouses on podium liner. ‎

Commenting on the launch of VERDE Residences and Offices, Dr. R.K. Pachauri ‎said: "It gives me immense pleasure to be a part of the launch of VERDE ‎Residences and Offices. I am happy that ETA Star Properties have shown the ‎industry the direction towards working on projects that maintain equilibrium in the ‎environment we live and operate in. I must appreciate the efforts of Dubai ‎Maritime City in promoting sustainable development. Let the launch of VERDE ‎lead to setting of a benchmark for many similar projects in this region."‎

Mr. Abid Junaid, Executive Director, ETA Star, said: "The name VERDE has its ‎roots in Spanish, which means green. It is rather apt that we have named our first ‎Green project thus. Besides aiming for a Gold-certified Green building, VERDE ‎will provide the best of amenities for both working and living. We are happy to ‎state that this launch is in line with Dubai Maritime City's vision of sustainable ‎development and to create a unique environment for the global maritime ‎community."‎

Mr. Adrain Smith, the Chief Architect of the towers said, "It's been a privilege to ‎design these towers as one truly believes it is a first step towards leaving behind ‎a greener, healthier world. The energy saved by the project is equal to the ‎planting approximately 600,000 trees or removing 680 cars off the road."‎

As part of being a self sustained Green community, VERDE Offices and ‎Residences will have a district cooling system using wind turbines, photovoltaic ‎solar hot water, energy efficient lighting equipment and grey water system.‎

ETA Star is currently developing millions of square feet of premium property in ‎countries across the Middle East and South-East Asia, including UAE, India, Sri ‎Lanka, Qatar, Oman and Turkey.

ETA Star has built thousands of beautiful ‎homes and living communities, as well as, world-class business and commercial ‎developments across the region -- all excellent investment opportunities, which ‎are fast reshaping the urban skyline. Keeping this track record in mind along with ‎a distinctive ETA Ascon lineage, the regional banks have developed confidence ‎in ETA Star Properties and a strong credibility has been established with the ‎leading financial institutions of the region.‎


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