The new property law, signed by His Highness President Sheikh Khalifa bin Zayed Al Nahyan in August 2005, transformed the property landscape in Abu Dhabi, triggering investments from UAE nationals, GCC nationals, expatriates and international clients alike. Previously Abu Dhabi residents were forced to look to neighbouring emirates and international markets for their property investment opportunities. Now, with market forces shaping the local real estate landscape, definite arbitrage opportunities await quick and astute investors.
Be it luxurious apartments in prime locations, villa developments in newly emerging suburbs, or state-of-the-art commercial spaces, Abu Dhabi now offers projects to cater to every need, especially with the presence of leading property investment and real estate companies such as 'Profile Group Properties'.
What sets Profile Group Properties apart is the fact they constantly lead the industry within Abu Dhabi. When the capital first opened its property market to all nationalities, Profile Group Properties was the first to offer luxury waterfront properties on Al Reem Island, a natural Island 400 metres off the coast of Abu Dhabi, and certain to become one of the premier residential and commercial locations in the country.
The launch of 'Marina Heights' in January 2006 was the catalyst that sparked Abu Dhabi's property ownership revolution for expatriate investors in the city, and the strong sales momentum was continued later the same year with the much anticipated launch of its sister tower 'Marina Heights II'.
The two Marina Heights towers offer investors a unique blend of inner-city location with relaxed Island-lifestyle from a range of studio, one, two, three and four bedroom apartments, plus spectacular five bedroom penthouses with private swimming pool. Every apartment comes with its own private balcony offering panoramic views of the marina and water-front area or the Island's picturesque central park and city skyline. Both towers feature world-class amenities such as fully equipped gymnasiums, swimming pools, recreation areas, smart home technology, 24/7 security, and high speed internet access and cable television facilities.
The quality of the project and its timing, as the first development to be completed on Al Reem Island, has led to the strong demand for units in Marina Heights, as has the "aspirational" lifestyle of the Island and its incredible proximity to the existing downtown area of Abu Dhabi. Marina Heights has set the benchmark for luxury living in the capital.
In January of 2007, to investor's delight, Profile Group Properties marked another key milestone for Abu Dhabi, when Marina Heights became the first residential towers available to all nationalities to officially start construction within the city. This notable head start on the competition will ensure investors in Marina Heights are enjoying their luxury homes and significant rental returns well before other comparable projects in Abu Dhabi.
As a 100% locally owned and operated company, Profile Group Properties has a vested interest in ensuring thsuccess and quality of every project it is associated with. Developments must not only delight and reward its own customers, but also enhance and complement the city of Abu Dhabi as a whole. The company's local commitment and presence has struck a cord with investors, as Profile Group Properties is now established as the trusted brand within the rapidly transforming Abu Dhabi Real Estate market.
With recent amendments to the Abu Dhabi Property Law, Profile Group Properties is also pioneering on behalf of its clients "Freehold" ownership rights for all investors as per the rights granted to them under article 19 of the Abu Dhabi Property Code. This is yet another example of Profile's commitment to its investors and ensuring they receive the very best support and service.
Profile Group Properties believes in involving investors at every stage of development, to ensure they remain an integral part of the project. Valuing investor sentiments and opinions is an essential part of the company ethos - factors which have helped Profile Group Properties win the trust of investors and contributes to their impressive success.
Moreover, for Profile Group Properties, which offers a complete range of real estate services including Property Investment, Development, Sales, Management and Leasing, the commitment to clients extends well beyond the delivery date of their homes. It is a long-term relationship that is built on open communication and trust, and one that is contributing to the spirit of the communities that Profile Group Properties and its clients are building together.