Markus Giebel & Michael Schumacher

The Michael Schumacher World Champion Tower (MSWCT) launched at CityScape Abu Dhabi 2008

The Michael Schumacher World Champion Tower (MSWCT) will be located in a spectacular setting in the Central Business District of Reem Island, Abu Dhabi, capital of the United Arab Emirates. The wharf tower will emerge from the sea, integrated beautifully with the water on the seafront and comprise a luxury marina.
Developed by Marasi and PNYG, the Michael Schumacher tower will be an inspirational architectural landmark, epitomising the same fusion of high technology and human tenacity that powered Michael Schumacher to his sporting achievements.

"This is part of a maturing market..." Markus Giebel at City Scape Dubai 2008

A scaled model of Nakheel Harbour & Tower by Dubai's capital during City Scape Dubai 2008

"It is slightly different from last year. Last year it was sort of queuing up and fighting each other, standing on chairs," said Sameeh Khaleel, a UK citizen who bought on Reem Island in Abu Dhabi last year. "I am just kind of observing this year before I buy anything else." Yesterday the crowds were "watchful," said Ousama Ghannoum, Aldar's marketing and communications director. "Professionals in the field have been asking me about our sales, what is going on in the market," he said. "They want to know how things are being affected by the global market."

His Highness Sheikh Majid with Markus Giebel in 2009

Markus Giebel - City Scape Dubai - 2009

His Highness Sheikh Majid Bin Mohammed Bin Rashid Al Maktoum, Chairman of Dubai Culture and Arts Authority, visited Deyaar development's Stand in 2009 at the City scape Exhibition in Dubai.

Markus Giebel Professional contributions, Dubai, UAE

 Financial Analysts’ Opinions, UAE

Markus Giebel, 2009

 “While the global financial crisis continued to impact the company’s financial performance during the period, Deyaar performed strongly to move forward with its 2009 business strategy, which has been favorably received by all customers and investors.”

Business Intelligence – Middle East, July 2009

Markus Giebel – the INSEAD Business Case (2009)

Markus Giebel – the INSEAD Business Case

Kippreport 2009 - About Markus Giebel - "From royalty to chairmen of powerful companies..."

Kippreport 2009 - From royalty to chairmen of powerful companies, the CEO of Deyaar is a well connected man.

Deyaar has been in the news frequently this year; and at the forefront of the media coverage is Markus Giebel, the company’s CEO in 2009.

Deyaar CEO Markus Giebel tells Damian Reilly about the company's survival plan

Deyaar CEO Markus Giebel tells Damian Reilly about the company's survival plan, which includes reducing the cost of properties already bought.

Markus Giebel's office is a wood panelled eyrie, high over central Dubai, complete with a powerful telescope positioned by the panoramic window. Perhaps in quiet moments he uses it to gaze out over the emirate, taking first hand readings of what is happening to the real estate sector. 

After all, he more than anyone needs to know what is going on. This year Deyaar, the company of which he is CEO, will deliver onto the market seven buildings, or 1200 units, or five percent of all units that will come on to the market in 2009, with 23 more to follow.