Dubai: The Gold and Diamond Park, Emaar's fully owned limited liability company dedicated to the region's gold and diamond industry, has commenced the handover of office units at its Phase 2 and 3 expansion.

More than 183 out of 200 offices have been leased out since the second and third stage expansion was launched in February 2006. Tenants, including the world's leading gold retailers and manufacturers, have started fitting out works at the office.

"The new phases of the Gold and Diamond Park were announced to meet the burgeoning demand for space from key retailers and manufacturers around the world," said Ahmad Al Matroushi, UAE Managing Director, Emaar Properties. "Four office blocks with 200 office units and 52 showrooms have now been completed on schedule and are being handed over to tenants."

With the completion of the second and third phase, the Gold and Diamond Park will also add 154 additional manufacturing units in two blocks and 52 new retail outlets.

The Gold and Diamond Park is an ideal location for business and provides easy access to local markets. The park has excellent accessibility links.