Sherwoods unveils high-end Dubai projects
Dubai, September 14, 2013
Dubai-based real estate specialist Sherwoods Properties unveiled its latest high-end development in the Downtown Dubai area – Burj Pacific at a special two-day investors' meet.
Situated less than 500 metres from Burj Khalifa, the twenty-storey tower comprises 140 one, two and three-bedroom apartments and three-bedroom duplexes. More than 60 per cent of the apartments have a view of the iconic Burj Khalifa, due to its distinctive ‘L’ shaped design.
The eight floors that make up the ‘Signature Residences’ feature fully-furnished, exclusive contemporary interiors by Tony Ashai, the California-based award-winning architect.
Ashai had also worked on innovative projects such as Dubai Lifestyle City, Shah Rukh Khan Boulevard in Ras Al Khamiah and the Santori Resorts.
Sherwoods Properties said a pre-launch presentation at the Address Hotel Downtown Dubai, for local, regional and international investors will run till tomorrow (September 15).
Commenting on the launch, CEO Iseeb Rehman said, “This a high quality development and with prices starting at just over Dh1 million (272,000) for a one-bedroom apartment, Burj Pacific offers exceptional value for money, particularly when one remembers that it is located in the most sought after residential and business district in the region.
“We are also offering a very attractive payment plan. After an initial booking deposit of 15 per cent, an additional 35 per cent is spread out over the construction period and the remaining 50 per cent balance is due upon completion of the project, which is scheduled for the second quarter 2016,” he added.
The Burj Pacific was designed by architects H-AO which was founded by Manoj H. Rathod, who’s working experience in Dubai encompasses a number of outstanding projects including the Marriott Marquis and the Grosvenor House hotel Dubai.
“Our bespoke, architect designed interiors are fashioned to attract the most discerning investors. The theme of this project is ‘Celebrate Life’ which is precisely what Burj Pacific represents,” said Parvez Khan, Chairman of Pacific Ventures the developer of Burj Pacific.-TradeArabia News Service
Tags: Dubai |
More Construction & Real Estate Stories
- Jacky’s unveils new 3D printers
- Technip wins $400m Kuwait PMC contract
- Arab investors eyeing Turkish property
- Arabtec denies Drake merger speculation
- Saudi's ACWA signs $472m sukuk financing
- Qatar announces massive bridges project
- $49m home loans approved in Bahrain
- BlomInvest sees Makkah project on track
- Dubai show to unveil top Indian projects
- Imdaad renews FM contract with sports complex