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TAMEER completes level 65 of world’s tallest residential tower

65 of 107 floors of Princess Tower Completed according to schedule

Dubai, November 16, 2009: Tameer Holding Investment LLC, a leading real estate developer in the Middle East, is progressing well on the prestigious Princess Tower, the world’s highest residential skyscraper located in the magnificent Dubai Marina. Construction is progressing according to the master schedule and reached floor level 65 and core level 75.

Commenting on the excellent progress of the project, Federico Tauber, President of Tameer Holding Investment stated, “We are dedicated and extremely focused on developing projects that meet the highest level of expectations and offer the best in
luxury and comfort to our customers. The Princess Tower once complete, will be a significant landmark in the Dubai Marina area and the UAE, and we are committed to ensuring the success and timely delivery of this project.”

Bird’s eye view from Princess Tower core level 75

“The residents of the tower will have a panoramic view of the surrounding area, namely The Palm Jumeirah with the majestic Atlantis Hotel, Burj Dubai, the Dubai Marina, Dubai Sailing Club, reputed hotels, the sandy beaches and the endless horizon. In addition an abundant amount of private parking spaces are provided for occupants however, for those that prefer to use public transport, the Al Sofouh Tram will have a line adjacent to the building making the Princess Tower accessible to the Marina Mall, Mall of the Emirates and the Dubai Metro”, added Tauber.

Occupying an area of 37,410 square feet, the tower houses a large selection of luxury two, three and four bedroom residential apartments, duplex villas and highend penthouses.

The 107 floors of The Princess Tower are a combination of luxury apartments, retail sales outlets, sports and recreational clubs. Located amongst other prominent projects such as The Palm, Burj Al Arab, Madinat Jumeirah and The World Island,The Princess Tower offers its customers state-of-the-art facilities, high-quality finishes, well-designed interiors and a wide range of recreational facilities.