Dubai-based Emaar Properties, the developer of iconic real estate assets, sold out all units of its first exclusive serviced residences in Downtown Dubai on the very first day of its public launch.

Potential customers of The Address Residence Fountain Views had the option to register their interest online and were offered the opportunity to purchase the homes on a first registered, first served basis.

Ahmad Al Matrooshi, managing director, Emaar Properties, said: “The overwhelming investor response to The Address Residence Fountain Views is another strong testament to the robust property demand in Dubai, led by its economic growth and the city’s global recognition as a thriving business and tourism hub.”

“As the first of its kind exclusive serviced residences, The Address Residence Fountain Views not only appealed to residents in the city but also to investors from around the world. Its central location in Downtown Dubai, the most visited lifestyle and tourism destination in the world, makes the residences a first choice for property investment.

“Over the past months, Emaar’s new project launches have recorded overwhelming investor response,” he added.

“This underlines the investor confidence in our commitment to creating world-class developments and our focus on timely delivery. We will continue to explore potential development opportunities in line with the growing demand for homes in the city, especially in premier communities such as Downtown Dubai.”

An integral part of the expansion of The Dubai Mall, The Address Residence Fountain Views is directly linked to the world’s largest shopping and entertainment destination, with all residences opening to spectacular views of Burj Khalifa, the world’s tallest building, and The Dubai Fountain, the world’s tallest performing fountain.

A 55-level dedicated serviced residences development with only 280 residences, all to be serviced by the professional team of The Address Hotels + Resorts, The Address Residence Fountain Views offers investors the choice of spacious 1-, 2-, 3- and 4-bedroom apartments. – TradeArabia News Service