Hydra Properties

Property and real estate developers in Dubai, Abu Dhabi, RAK, and other UAE emirates.
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Hydra Properties

Postby shawarma » 17 Feb 2008, 10:20

Hydra Properties is a real estate developer based in Abu Dhabi.

Founded: 2006
Chairman: Dr Sulaiman Al Fahim
CEO: Dr Sulaiman Al Fahim (Executive Chairman)

Hydra Properties foreign ownership and residency permits? Try interpreting this statement from the boss in an interview with Emirates Business 10 February 2008. Full interview has more about Hydra Properties - see www.business24-7.ae

In your contracts do you link owning a property with the right of residence in the country outside Abu Dhabi? And do you think the 99-year ownership rule is a good thing?

We do not link the purchase by foreign investors of our properties with the right of residence. Our freehold projects are for 99 years and I think this is normal. The 99-year ownership law was not invented by Abu Dhabi – it exists in the majority of countries, including America and Britain.

In the same article, Dr Al Fahim said no delays for their residential towers on Reem Island ...

Work is progressing very quickly compared with projects in other emirates and I believe Al Reem will be completed ahead of schedule. I can confirm that our residential tower units will be handed over with no delays.

Hydra Properties developments Abu Dhabi - ownership is 99 year leasehold basis

Al Reem Island - Abu Dhabi
Golf course designed by Greg Norman - part of the Golf Walk project?
Golf Walk Abu Dhabi
Hydra Avenue
Hydra Village Abu Dhabi
Marina Spirit - apartment towers
The Gate Abu Dhabi

Hydra Properties developments Dubai

Downtown Dubai tower - in the Burj Dubai area
Hydra Twin Towers - residential buildings in Jumeirah Village
Hydra Towers - commercial buildings in Business Bay

Hydra Properties International projects

Hydra Waves in Mexico - 4 residential towers on the Pacific coast, construction started in 2007, completion scheduled for 2009

Hydra Properties other information

Owns 20% of Ras Al Khaimah Cement Company.
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Joined: 27 Sep 2007, 00:39

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