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Dubai , July 19, 2006 :

Jumeirah Lakes Towers (JLT), the rapidly emerging 200-hectare real estate development adjacent to Sheikh Zayed Road in the heart of ‘new' Dubai , will offer free zone status to resident businesses, marking the creation of the first mixed-use free zone development in Dubai . Details of the regulations governing activities in JLT were unveiled today along with the new brand identity during a developers meet at the Jumeirah Emirates Towers .

JLT, which comprises 79 towers, is expected to cater to the broadest range of knowledge businesses in the Emirate, and will include offices, hotels, restaurants and leisure facilities in addition to residential towers. The project is expected to be completed by the end of 2008.

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