Central Plaza 2ZONE 2, DOWNTOWN JEBEL ALI, DUBAI, U.A.E.

www.limitless.ae

www.downtownjebelali.com

www.dubaiworld.ae

LIMITLESS L.L.C.

Real Estate Ports and Shipping

Industrial Parks

Investment and Finance

Hotels and Leisure

Marketplace

Dubai World group

Dubai World group’s project

WaterfrontPalm Jebel Ali Palm Jumeirah

The WorldPalm Deira

Waterfront

Al Maktoum International

Airport

Arabian Canal

ZAFZA

Dubai Land

International City

Jumeirah IslandTechno

Park ZAFZA

Mina RashidIbn

Battuta Mall

Investment Park

The Universe

LimitlessDJA, Zone 2

Nakheel’s Projects

Al Maktoum International

Airport

Dubai Land

Surroundings

Dubai Light Rail Transit

Map of Dubai

ZONE-2

ZONE-1

ZONE-3ZONE-4

25 miles

New International Airport Site

Persian Gulf

Business Bay

Jebel Ali

Old TownJumeirah

Al AinNew Airport

Dubai Land

International City

Site Location of Downtown Jebel Ali

Central Plaza 2

Dubai

Sheikh Zayed Road

DubaiLight Rail Transit

Station

Abu Dhabi

Halo SpaceRestaurant +Running Track

Office 2

Office 1 Residence

Retail + Event Center

Retail (BUA 8,078 SqM)+ Event Center (BUA 1,924 SqM)

Grand Terrace on Retail Floor (BUA 4,952 SqM)

Halo Space : Retail + Amenity (BUA 10,025 SqM)

Project Summary

Limitless LLC – Dubai World Group

Pelli Clarke Pelli (USA)

Downtown Jebel Ali, Center of Zone 2, Dubai, UAE

3 hectare Land, 130 m building height

Retail and Event Center in Podium, One Residence and Two Office Towers, Halo on the top

240,000m2

3,114 (5 Under-Ground Level for Office (2,126 Bays) & Retail (460 Bays), 6 Above-Ground Level for Residence (528 Bays))

developer

architect

site location

dimension

program

floor area

parking capacity

project cost AED 7.57B (Land AED 3.12B + Construction AED 3.90B + Others AED 0.55B)

Office

Residenc

e

Retail

Halo

Parking

147,076 m2 (Exclude Gym, Business Center)

64,405 m2 (Exclude Pool, Recreation Space)

8,078 m2 (Exclude Amenity)

9,087 m2

174,764 m2 (Excluded in BUA)

Sales

Sep Oct Nov Dec Jan Mar - Dec

May

2008 2009 20112010

tender of enabling work1.5 Month

main work

enabling work

24 Months

6 Months

15/04/09 14/04/11

Project Schedule

Feb

Trakees CD Approval

construction documentation

tender of main work

1 Month

13 Months

3 Months

15/10/08 14/04/09

Sales

Lease

TOTAL

11,973,000,000

3,168,000,000

15,141,000,00

0

AED

3,262,000,000

863,000,000

4,125,000,00

0

USDRevenue (net)

Land purchase

Construction

Soft cost

TOTAL

3,120,000,000

3,900,000,000

550,000,000

7,570,000,000

AED

850,000,000

1,065,000,000

150,000,000

2,065,000,000

USDCost (net)

Development Margin

Internal Rate of Return (IRR)

98.91 %

30.00 %

Performance Indicators

Residence Sell at AED 6,000 SqFtOffice Lease at AED 400 SqFtRetail Lease at AED 600 SqFtHalo Retail Lease at AED 800 SqFtEvent Center Lease at AED 1,400 SqFtParking Lease at AED 15,000 SqFt

Professional Fee, Statutory Fee, Development Cost,Sales Cost, Project Contingency 등

1USD = 3.67AED

Residence

Office

Retail

Halo

Event Center

Amenities (Total)

TOTAL

693,000

1,580,000

86,000

107,000

20,000

132,000

2,618,000

Sq. Ft

64,400

147,000

8,000

10,000

1,900

12,250

241,850

Sq. MFloor area (BUA)

Project Economics

Positive & Negative factors

Risk Factors Tight Construction Period : 30 Months

Complexity of Construction : Comprehensive Building

Structure

Insecure Investment : No Guarantee

Credibility : High benchmark selling & leasing rate

Unreliability : Forecast market recession around 2011

Attractive Factors Continuity : Four Central Plazas

Expansibility : Globalization with Limitless

Short Return Period : Launching Sales on December 2008

Stability : Master Developer (not only project developer)

Sociality : Multi-National Developer

Saeed Ahmed SaeedCEO

Dusan MillsHead of

Development

StrategyHead of

Corporate SvcHead of

ExcellenceHead of

governing board level

project executive level

Burton MangharamSr. Dev. Manager – Infra

AdelDev. Manager – CP4

TBADev. Manager – CP3

Greg JacobsProject Dev. Manager

TBAProject Dev. Manager

Kay Chuang TanProject Dev. Manager

ProjectHead of

ProjectHead of

ProjectHead of

ProjectHead of

Design Manager Construction Manager MEP Manager Structure Manager

IT Department Valuation Department Sales/Leasing Department Project Support Team

Salah AmeenExecutive Director – DJA

INFRASTRUCTURE CENTRAL PLAZA 1 CENTRAL PLAZA 2 CENTRAL PLAZA 3 CENTRAL PLAZA 4

DOWNTOWN JEBEL ALI

Finance/LegalHead of

organization chart

Yujun ImProject Dev. Manager

Faisal Al RaisiDev. Manager – CP2

Project Dev. Manager

Dev. Manager – CP1Ahmed Al Shareif

Graham Trethewey

CENTRAL PLAZA 2ZONE 2, DJA, DUBAI