Star Giga launches AED360 million Goldcrest Business Vistas in Ajman

Real estate developer, Star Giga will invite bids in February for the main construction package of its US $98 million (AED360 million) commercial tower in Ajman, Goldcrest Business Vistas.

Real estate developer, Star Giga will invite bids in February for the main construction package of its US $98 million (AED360 million) commercial tower in Ajman, Goldcrest Business Vistas.

The contract is expected to be awarded within the first quarter of this year.

Star Giga is a joint venture between real estate companies Mazyood Giga International and ETA Star.

Construction of the tower is expected to start after six months, with the handover anticipated in the first quarter of 2011.

The consultant for the project is Adnan Saffarini.

The tower will be built in the new mixed-use development, Emirates City, on Emirates Road in Ajman and will be made up of 29 floors with open-plan offices ranging from 78.5m2 to 144m2.

The tower will also include a restaurant at the podium level and a rooftop gymnasium and pool.

"Ajman has tremendous business potential and we are delighted to be part of yet another iconic development in the Emirate," said Amir Pardesi, director of Star Giga Establishment and vice chairman of Mazyood Giga International.

"Emirates City, Ajman is one of the most coveted new developments in the United Arab Emirates. Located on the Emirates Road, this is the most ideal environment to launch your business. I am sure Goldcrest Business Vistas will offer a unique working experience."

Giga Group of companies is looking to further expand into regional markets, and is expected to announce more projects and ventures in the near future. The group's UAE real estate portfolio includes commercial and residential properties such as the Gold Crest Brand located at Jumeirah Lake Towers and Ajman.

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