Mazaya Qualifications

Waterfront - Dubai, UAE: Waterfront was being developed by Nakheel, The artificial islands would be formed to resemble the most widely recognized symbol of Islam, the star and crescent, this would produce a shelter around the palm Jabel Ali. Waterfront is planned add more than 70 kilometers to Dubai›s coastline and encompass an area of 1.4 billion square feet of water and land developments. It is expected to house an estimated population of 1.5 million people. Located near the new Al Maktoum International Airport, and with direct access to Sheikh Zayed Road, Jebel Ali Free zone. The Waterfront project stalled with the onset of the global financial crisis and in 2009. Tamaluk United Real Estate KSCC(WaterFront Real Estate) owns four plots in Waterfront as describe below: 8.4.2 | WATERFRONT - DUBAI, UAE Al-Mazaya Company Profile | Mazaya Land Bank Owner Tamaluk United Real Estate KSCC (WaterFront Real Estate) Date of Investment 2008 Land Zone / Sector Residential Plot total Area: • C10-C1 653,908 sqft • C10-C2 653,908 sqft • C10-D1 653,908 sqft • C10-D2 653,908 sqft Cost of Land: • C10-C1 AED 143,859,760 • C10-C2 AED 143,859,760 • C10-D1 AED 143,859,760 • C10-D2 AED 143,859,760 Market Price as of 01 / 2013: • C10-C1 AED 55,580,000 • C10-C2 AED 55,580,000 • C10-D1 AED 55,580,000 • C10-D2 AED 55,580,000