Sherwoods Independent Property Consultants will hold an auction of prime properties on June 4 in Dubai, on the sidelines of the World Property Show.

The auction will feature properties in The Palm, Dubai Marina, Downtown Dubai, Jumeirah Lakes Towers, Emirates Living, Umm Suqueim and other prime locations in the UAE.

Sherwoods revealed that the property offerings cover a broad price range and feature a mix of ready-to-use, nearly completed and off-plan residential and commercial units, as well as a number of premium plots, including one just outside Terminal 2 that is available for GCC residents only.

'This is going to be a very exciting opportunity for investors and property buyers to take advantage of competitively priced offerings as around 25 premium properties in prominent locations in Dubai and Abu Dhabi will be on offer,' said Iseeb Rehman, managing director, Sherwoods Independent Property Consultants.

'Moreover, a number of the properties also offer financing options, providing customers a truly comprehensive range of choices.'

The ready-to-use commercial offerings include select office units in Executive Towers, the first commercial tower to be handed over in Business Bay, Sky Tower in Abu Dhabi's Al Reem Island and Armada Towers, which is in the final stages of construction in Jumeirah Lakes Towers.

Residential units to be auctioned off include completed villas and townhouses in Jumeirah Village, Meadows, apartments in Emirates Crown – Dubai Marina, Foxhills in Uptown Motor City, Al Reef Apartments in Abu Dhabi's Al Reef Downtown, Marina Quay East in Dubai Marina, and other prominent locations in Dubai.

Sherwoods also disclosed that it will hold a charity auction and the money raised will be donated to the Dubai Centre for Special Needs. The special activity will auction off some exceptional artwork created by child artists.

Meanwhile, Sherwoods revealed that it will showcase premium investment prospects in London, Dubai, Abu Dhabi, Ras Al Khaimah and India during its participation at the World Property Show.-TradeArabia News Service