Dubai-based developer Mashriq Elite Developments has launched a brand new mission Floareá Residence, which might function a waterfall amongst facilities, amid robust demand for off-plan properties.
The waterfall is 5 meters excessive and thirty meters broad.
Kamran Muhammad, CEO of Mashriq Elite, mentioned that Dubai’s actual property market is booming and subsequently now could be the best time to enter the market. The emirate’s off-plan phase has already recorded a gross sales worth of Dh126 billion within the first three quarters of this yr in 2023, indicating that demand for brand spanking new initiatives stays excessive.
“The prospects for the actual property market are good. Dubai Hills, Al Furjan, Arjan and Studio Metropolis have good potential as the costs are budget-friendly and clients additionally get numerous facilities. Prior to now quarter there was a median worth enhance of 20 %,” he says.
Situated within the Arjan district, Floareá Residence consists of 206 residential items, together with studio residences, 1-bedroom residences and 2-bedroom residences. Costs begin from Dh515,000 and go as much as Dh1.375 million.
“The principle function is a big waterfall that falls from an infinity pool from the primary flooring to the bottom flooring. The soon-to-be Grand Waterfall is an iconic construction within the Arjan neighborhood, together with a state-of-the-art clubhouse, yoga studio, barbecue courtyard, gymnasium, indoor and out of doors play space for kids, steam and sauna services, and extra facilities. As well as, lush landscapes encompass the mission, with Dubai Miracle Backyard and Dubai Butterfly Backyard throughout the neighborhood,” mentioned Muhammad.
Work on the Floareá Residence began just a few months in the past and is anticipated to be accomplished within the first quarter of 2025.
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