Verde bags the Best Green Development Award at the Arabian Property Awards 2008
Dubai, June 25, 2008: Verde Residences and Offices, being developed by ETA Star Properties in Dubai Maritime City, has been adjudged the winner of "Best Green Development Award" at the inaugural Arabian Property Middle East Awards. The two-tower VERDE Offices and Residences is designed to achieve Gold ratings, as provided by the US Green Building Council's Leadership in Energy and Environment Design (LEED) programme.
The Arabian Property Awards, according to its organizers, is the celebration and recognition of the region's property industry's most innovative projects and people. The inaugural awards ceremony is scheduled to held at the Madinat Jumeirah, Dubai, on June 25, 2008.
Commenting on winning the 'Best Green Development Award', Mr. Abid Junaid, Executive Director, ETA Star Properties, said: "We are pleased to be honoured with this award for Verde. The award is the recognition of the untiring efforts of our hardworking team who have always strived to set new industry benchmarks in all our initiatives. We are thankful to all our partners, investors and customers who have been supportive of our efforts."
The 33- level curtain-glazed VERDE Office Tower is designed in the shape of trapezoidal. With a total built-up area of 820,000 square feet, the Office tower will comprise of podium offices and unique sky garden. The elegantly curved VERDE Residence Tower is built in the shape of a boat. The 48 storey glass tower, with a total built-up area of 1.35 million square feet, includes luxurious 2 & 3 bedroom units, 3 & 4 bedroom penthouses and 4 bedroom duplex townhouses on podium liner.
As part of being a self sustained Green community, VERDE Offices and Residences will have a district cooling system using wind turbines, photovoltaic solar hot water, energy efficient lighting equipment and grey water system.