The Crescent is based in the IMPZ (International Media Production Free Zone / www.impz.ae), on the doorstep of Dubai Land (www.dubailand.ae), Dubai Sports City and 10 minutes from Jumeirah Beach — offering studio and 2 Bed primarily for the business communities moving in to take advantage of the 50 Yr Tax free holiday


The Crescent is the latest residential development in Dubai’s International Media Production Zone (IMPZ).

The complex comprises of three 15-storey towers built around a semi-circular portico, surrounded by manicured lawns and picturesque vistas.


The design of the buildings mirror contemporary turrets. The unique floor layouts of The Crescent towers feature studios, one and two bedroom apartments with breathtaking views of the surrounding landscape. The Crescent offers a comfortable lifestyle with all modern amenities and facilities.

Projected Completion Time: END 2008
Anticipated Capital Appreciation (Per Annum): 30%

Location:

The Crescent will be located off Emirates Road inside IMPZ’s residential sector.

The IMPZ is the first dedicated trade zone created in the region for media-related production activities, creating an eco-friendly environment and infrastructure that supports all sectors of the media and entertainment production industry especially publishing, printing, broadcast, film and music.

Close to Sports City, DubaiLand and the new Jebel Ali International Airport.

Description

The Crescent is the latest residential development in Dubai’s International Media Production Zone (IMPZ). The complex comprises of three 15-storey towers built around a semi-circular portico, surrounded by manicured lawns and picturesque vistas.

The eclectic design of the buildings mirror contemporary turrets. The unique floor layouts of The Crescent towers feature studios, one and two bedroom apartments with breathtaking views of the surrounding landscape. The Crescent offers a comfortable lifestyle with all modern amenities and facilities.

Residential facilities in IMPZ include :

internal transportation,
medical centre,
schools,
parks,
retail outlets,
hotels,
amphitheatre,
entertainment and recreational facilities including sports grounds, state-of-the-art fitness clubs, and swimming pools
round the clock security.

Developer Credentials

The development company is the largest privately owned developer in Dubai. Founded in 1982, the multi-billion Dirham group is one of the largest conglomerates in the Middle East, operating across 16 countries and employing over 5,000 people of more than 25 nationalities.

The group, holder of ISO 9002 international accreditation, operates a diversified portfolio of successful businesses ranging from industrial catering, to franchised restaurants, product manufacturing, global stock market investments and property development including commercial developments, hotels and multi-billion Dirham waterfront properties that are internationally renowned engineering projects in their own right.

Financials / Risk & Reward
Dubai been experiencing incredible capital growth in recent years, and an increase of 40% over the development period is expected. Mortgages of up to 70% are available on this development.

Demand for completed properties is expected to continue to grow along with the growth in business, industry and the population. Despite the numerous development currently being built in Dubai , it is forecast that there will still be a housing shortage. Purchasers of this development have the additional reassurance of knowing that there will always be a demand for quality waterfront developments.