Sherwoods unveils tower worth Dh900m

Dubai: Property consultants, Sherwoods yesterday launched Dubai's newest technologically-advanced tower, valued at nearly Dh900 million.

Located in Dubai Silicon Oasis, the Silicon Information Technology tower (SIT) is a 25-storey building.

Mohammad Nasir Falak, working alongside Sherwoods, is owner and developer of SIT, which will have such features as broadband internet connection and keyless entry for every office.

Each floor of the tower will have 26 parking spaces available.

Iseeb Rehman, managing director of Sherwoods Independent Property consultants, said: "The location sets the tower apart and it has the latest in terms of IT technology."

Rehman also said Sherwoods has 10 projects that will be released "in succession".