Mada'in Properties has announced plans to launch the much-awaited Marina Arcade project in the prestigious Dubai Marina. A jewel in the crown of Mada'in, the AED1.25 billion Marina Arcade is the first of a series of major iconic developments to be launched this year. Madai'n Properties was incorporated in 2006 as a private joint stock company in Dubai with a paid-up share capital of AED500 million. The board of directors consists of Ahmed Ramadan Juma as chairman, Waleed Al-Rowaih as vice chairman, Abdul Aziz Al-Awar as chief executive officer and Bashar Al-Tuwaijri, Mohamed Ahmed Ramadhan Juma, Abdullah Showaiter, Abdulla Juma Al-Felasi, Faisal Al-Khazam, Khalifa Yousef Khouri and Maen Hani Al-Zayer as directors. Prominent shareholders of Mada'in Properties include Ahmed Ramadan Juma (ARJ) Group, a leading UAE-based trading and engineering services conglomerate and Kuwait-based Gulf Investment House (GIH), one of the leading financial services companies in the region. The stake of GIH and other investors in Kuwait amounts to 49 percent of the company's capital, while the strategic partners from the UAE contribute 51 percent. Marina Arcade offers residents ultimate shopping experiences, coupled with an enviable mix of residential and leisure facilities of the highest international standards. Marina Arcade's 950,125.68 square feet of sprawling area will encompass freehold residential units, as well as a podium building that includes the most premium retail space and recreational facilities. The range of residential units of stylish apartments, duplexes, first of its kind townhouses with their very own gardens and jacuzzis, palatial penthouses and the most premium “Sky” palace will be in a league of its own. There will be 7 exclusive townhouses on the rooftop of the Marina Arcade. Each townhouse is a delightful property with private gardens, roof gardens with jacuzzis and enough privacy with 2 dedicated lifts for the cluster. Townhouse residents can also use an exclusive gym and well-being facility. The duplexes are located on the 15th floor and have beautiful private roof terraces making for the most memorable view. The duplexes, penthouses and the “Sky” palace offer convenience features such as an exclusive fitness center, ample service quarters, laundry room, increased basement car park and again dedicated elevators that ensure easy access to and from the arcade. “With exceptional style and sophistication, the Marina Arcade is a fitting tribute to the vision of the Marina development, as well as Dubai's meteoric ambitions. With this architectural masterpiece we wish to provide exclusive offerings to the regional market and bring a truly unique experience to those who require luxury, space and want a vast range of amenities,” said Abdul Aziz Al
