UAE-based Al Ghurair Properties has announced that four of its new residential projects in Deira, Dubai are all set for delivery.
A real estate development arm of Al Ghurair Investment, the company said these are part of the 58-building project being developed at an investment of Dh5 billion ($1.36 billion).
Spanning across Dubai, the project will see 8,000 new residential units coming up along with 350,000 sq ft of retail units with full completion by the fourth quarter of 2020.
Al Ghurair Properties said the announcement further underscores its commitment to plan, develop and manage a diversified real estate portfolio that strategically responds to the UAE residents’ needs, all while enriching their lives with luxurious and metropolitan experiences in Dubai’s key areas.
Located in the heart of Deira, the integral symbol that is central to the city’s history and identity, these projects will cater to a dynamic cultural experience, offering 236 residential units including 93 one- and 107 two-bedroom apartments in addition to 36 three-bedroom units.
CEO Sultan Al Ghurair said: "Al Ghurair Properties enjoys a long standing experience in the UAE, and an insightful understanding of the real estate industry. With our projects, we continue to relentlessly deliver world-class developments that support the UAE Vision 2021."
These state-of-the-art living spaces are carefully designed to reward a healthy, balanced way of life, contributing to the happiness of the residents, and presenting interesting lifestyle opportunities, business environments, retail possibilities and tourist spots to meet Dubai’s changing needs today, tomorrow and into the future.
"We are guided by an objective of enriching the lives of the UAE residents, and to promote healthy and balanced lifestyle through innovative and urban developments, which further reinforce Dubai’s position on the global map," he added.
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