Osus get Better Homes onboard for Stargate

17 June 2006, Dubai:

Osus who are developing the radical new children’s theme project Stargate have appointed Better Homes, the region’s largest real estate agency, as the exclusive selling agent for the unique development. The DH 220million ($60 million) project, which is being developed in conjunction with the Dubai Municipality, is located in Zabeel Park, central Dubai.  Due to open in June 2007, the 41,000 sq ft development is set to be the one of the most popular attractions in Dubai. It will have 50 retail units in a first of its kind spaceship-themed family entertainment centre that will cater for children from 4-14 years old. The retail spaces available will include shops, kiosks, cafes and restaurants.

The project emphasises a healthy, educational, entertaining family environment and comprises of 5 different wings; transportation, telecommunication, information technology, health & nutrition and arts & music. Features include a 3D theatre, a snow dome, a rock-wall for climbing, a jogging track, a high-speed go-karting track, a family rollercoaster, high-tech mazes, and a multi-cuisine food court.

Ryan Mahoney, Managing Director of Better Homes said “Stargate is a truly remarkable project; the emphasis on health, education, family and social well-being is what makes the project so special – if offers retailers the chance to be part of something totally unique and allows them the opportunity to create a special bond with visitors.

Faisal Bin Abdullah Al Kaldi, CEO of Osus commented: We are delighted to be working with Better Homes. We need a broker of proven pedigree for such a prestigious project and Better Homes fits that bill.”

About Osus

Strategically located in Dubai, UAE, Osus is a forward thinking multi-disciplinary real estate development and services advisory company.

Osus offers clients and investors a comprehensive range of property development related services including management and development of commercial and residential complexes, project construction management, feasibility studies, time-sensitive market research and sourcing of high-potential real estate investment opportunities. Osus full range of services are offered across the GCC and Middle East.

Furthermore, its alliance with key-financial institutions and other regional and international major property developers, Osus can assist clients and investors in the creation of Islamic sharia approved real estate investment funds,

About Better Homes

Leading the way in Dubai real estate for over 20 years, Better Homes is one of the UAE’s foremost real estate companies; selling, leasing and managing more properties than any other agency in the Gulf. Better Homes is one of the most respected names in the Middle East with a reputation for professional care and expertise.

From a one woman company, today Better Homes employs around 400 fully trained and certified real estate professionals. Its range of services has grown from leasing to sales, property management and consultancy. Its Project Sales & Marketing Division has forged exclusive agreements with several of the world’s top developers and landlords, giving it a distinct advantage in the variety and number of its real estate offerings.

Better Homes has pioneered many new concepts in the market. Amongst these, the concept of short-term rentals for business or vacation and an innovative online property search facility that offers real-time property listings by type, price and location. With a dynamic management team, solid reputation and innovative ideas, Better Homes continues to set the standards of professionalism in the real estate industry.

For further information, please contact either:

Julie Deighton
PR Specialist
Better Homes, Dubai (04) 398 9739
Email: julie.deighton@bhomes.com.

Or

Kamna Navlani
PR Co-ordinator
Better Homes, Dubai (04) 398 9739
Email: kamna.navlani@bhomes.com