Monday, August 1, 2011

Dubai Properties Group and Nestlé Sign Four Year Agreement for Nestlé Employees

Dubai-UAE: 01 August 2011- Dubai Properties Group (DPG), a member of Dubai Holding,
today announced that Nestlé Dubai Manufacturing LLC has signed a four-year agreement to
lease an entire building at Nuzul as premier staff accommodation for its employees.

The agreement was signed by Eng. Hassan Taher, Community Manager, Nuzul, and Yves
Manghardt, Chairman and CEO, Nestlé Middle East.

The Nuzul community has been meticulously planned to offer business owners an alternative
option to better accommodate their workforce. Located in the Jebel Ali Industrial Area 1 with
easy connectivity to Sheikh Zayed Road, Emirates Road and other main highways, Nuzul can
house up to 10,000 skilled residents and provide an enhanced lifestyle for Dubai’s workforce
with 2,230 rooms in 13 buildings, on a built-up area of 92,000 sq. ft.

Khalid Al Malik, Chief Executive Officer, Dubai Properties Group, said: “We are delighted to
partner with Nestlé and help them meet their accommodation needs for employees. Nuzul is a
new generation of skilled staff accommodation and this partnership is in line with our mission to
provide an enhanced quality of life for the region’s skilled workforce.”

Nuzul features dedicated recreation and entertainment areas, a supermarket, retail outlets and
a mosque. A clinic, pharmacy, emergency treatment room, game rooms, food court, library and
an Internet café are in the pipeline.

Nuzul has emerged as a benchmark for skilled staff accommodations in Dubai and is an
important part of DPG’s comprehensive real estate portfolio. Dubai Properties Group has a
diverse spectrum of residential, commercial and mixed-use developments including Business
Bay, The Villa, Jumeirah Beach Residence, Al Waha, Layan, REMRAAM®, Al Khail Gate,
Ghoroon and Shorooq Mirdif.

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