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Salwan leases Al Khail Gate phase II units

Dubai, May 23, 2009

Salwan, a property management company and a subsidiary of Dubai Properties Group (DPG), has commenced leasing of 5,600 units at phase-II of the Al Khail Gate community, extending special offers on a wide range of apartments at the development.

Located in close proximity to Dubai’s arterial highways, the Al Khail Gate is an affordable housing community offering premium facilities to corporate and residential clients.

Offering a range of leasing options, the Al Khail Gate development comprises studio, one, two and three bedroom apartments.

Ranging from Dh35,000 ($9530) a year and onwards, the apartments are available in various sizes including 420 sq ft studio, 690 sq ft one bedroom, 966 sq ft two bedroom and 1,150 sq ft three bedroom apartments.

Saeed Bushalat, CEO of Sawlan, said the delivery of phase-II of Al Khail Gate closely follows the successful leasing out of phase-I of the development.

'There is a significant need for affordable and convenient housing in Dubai and we are committed to fulfilling the demand in these niche market segments. Our operational strategy focuses on fine-tuning our products and utilizing market intelligence to develop the most suitable projects.'

'At the same time, we have expanded the scope of our property management services to ensure that our growth strategy matches our operational capability.'

'Within a year, our portfolio has grown to 18,000 units and we are planning to bring an additional 8,000 properties for leasing by this year-end. We will continue to deliver sustainable and intelligent property management solutions to our clients,' he added.

Three months after the launch, Salwan has successfully leased out 3,835 units at Al Khail Gate phase-I.

Salwan’s  current sphere of operations include residential and commercial units such as, Jumeirah Beach Residence, Cordoba Villas, Al Khail Gate, The 558 Villas at Dubailand, Al Razi Residence, and Office Park at Dubai Internet City.

The company will soon add to its portfolio top-rated properties at Executive Towers in Business Bay, Al Waha villas, The Villas.-TradeArabia News Service




Tags: lease | Salwan | Al Khail Gate |

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