Al Jabal Holdings extends its success following the recent launch of the stunning Crescent Star project. The unique development witnessed an immediate interest from the 1300 potential investors and real estate experts. Bollywood star Fardeen Khan was there to introduce the project, which is to be the first Apartment Hotel based in the up and coming Emirate of Ajman. Saeed Currimjee, Managing Partner of Al Jabal Real Estate said: "We are delighted by the reception The Crescent Star development received at the launch. We closed a very impressive 30% of sales on the evening and interest has soared among end users in particular." Based in the newest entrant in the rise of freehold property developments in Ajman, Marmooka City, Al Jabal Holdings have displayed their flare for innovation by tactically selecting the region as the next investment opportunity. According to a survey from the HotelBenchmark by Deloitte (year end 2007), the Middle East hotel industry remains one of the fastest growing regions in the world with occupancy rates in Dubai over 80% average. Ajman hotels are also experiencing an unprecedented 80+% occupancy. Ajman Property News, December 2008
