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Gulf Press > Business > Dubai Developer Launches Second Project in Jumeirah Village Circle – News
Business

Dubai Developer Launches Second Project in Jumeirah Village Circle – News

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Last updated: 2024/09/27 at 6:26 AM
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Citi Developers, a well-established real estate development company, recently announced the launch of its second project, Allura Residences, in Jumeirah Village Circle. With a total cost exceeding Dh300 million, the residential units are expected to be ready for handover to customers by the second quarter of 2027. According to Othman Tariq, the Director of the Sales Center at Citi Developers, the payment plan for Allura Residences is attractive, with just a 1% monthly instalment until delivery. This flexible payment option aims to make it easier for customers to invest in the property.

Tariq emphasized the strong investment potential in Dubai’s real estate market, citing the government’s support for developers and customers as a key factor. He mentioned that Dubai has become a prime global destination for real estate investment, and Citi Developers is committed to developing more projects in the city. Tariq expressed confidence in Dubai’s market stability and future growth potential due to its master plan aligned with the increasing population. He assured customers of the safety and security of their investments in Dubai, highlighting the city’s reputation for trustworthiness and stability.

Allura Residences will feature luxurious amenities, including the largest lobby in Jumeirah Village Circle spanning approximately 8,000 square feet. The lobby will house a dedicated business centre and offer concierge services for residents to access various building facilities. Valet parking services will also be available, setting a new standard of living in the area. Tariq mentioned that Allura Residences is a unique project with distinct features such as private pools in every two- and three-bedroom apartment and fully furnished options for buyers. The project aims to enhance the living experience for residents in Jumeirah Village Circle.

Reflecting on the success of their previous project, Tariq noted that it sold out within four months, indicating strong demand for Citi Developers’ properties. He revealed plans to launch more projects in the future and highlighted the unique aspects of Allura Residences, such as the private business centre, two swimming pools, and corner apartments with private pools. Citi Developers aims to provide a comprehensive customer experience, offering a model apartment at their sales center for potential buyers to explore. The company’s focus on high-quality projects at affordable prices resonates with customers seeking secure investment opportunities in Dubai’s thriving real estate market.

In conclusion, Citi Developers’ launch of Allura Residences in Jumeirah Village Circle signifies the company’s commitment to providing exceptional residential properties in Dubai’s growing real estate sector. With a strong emphasis on customer trust, market stability, and innovative design features, the project aims to appeal to discerning investors and residents looking for luxury living experiences. As Dubai continues to attract global attention as a preferred investment destination, Citi Developers’ dedication to delivering high-quality projects at competitive prices positions them as a leading player in the city’s real estate market. Customers can expect a seamless purchasing process and attractive payment plans when investing in Allura Residences, setting a new standard for premium living in Jumeirah Village Circle.

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News Room September 27, 2024
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