Dubai Property Developer, First Homes Worldwide, Appoint Colliers International for The Diamond at Dubai Sports City

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Global network Colliers International win contract to manage Dubai Sports City's prestigious development, The Diamond; The First Group's flagship UAE property.

The Diamond will be a world class development and we are delighted to be working with The First Group to promote its' investment opportunities to an international audience as well as ensuring the successful renting, leasing and management of the final product.

Colliers International, the global network of commercial real estate consultants, has been appointed Managing Agents for The Diamond at Dubai Sports City - a luxurious 128 unit residential development overlooking The Dunes an 18 hole, Ernie Els designed championship golf course.

When completed in 2008, The Diamond, developed by The First Group, will become a world class serviced apartment complex delivering not only a great place to stay but also a unique yield-bearing investment opportunity, through its leaseback scheme.

This opportunity is enhanced by The Diamond being able to offer investors the added benefit of 100% freehold titles following a recent ruling by the master developers on Dubailand.

Roy Saker, Sales Director of Colliers International Dubai said, "The Diamond will be a world class development and we are delighted to be working with The First Group to promote its' investment opportunities to an international audience as well as ensuring the successful renting, leasing and management of the final product."

With over 241 offices in 54 countries, Colliers was established in 1976 and offers a complete range of services on a local, regional, national and international basis to tenants, owners, and investors.

Danny Lubert, Joint Chairman of The First Group said, "Colliers International will create a platform for The Diamond to become known to a global network of investors and those looking for unique investment in the first class environment being created in Dubai Sports City. We look forward to working closely with the Colliers team over the coming months and years."

For further information on Dubai Investment management and Dubai executive apartments at The Diamond please visit http://www.firsthomesww.co.uk/Dubai/

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Steve Alder
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