Omniyat .... sees solid response from investors.
Omniyat's new seafront project 81pc sold out
DUBAI, December 20, 2014
Leading UAE developer Omniyat Group said its newly-launched iconic project "Anwa" in Dubai, UAE, has sold 81 per cent of the units in less than a week of opening the sales.
The development group said they registered Dh432 million ($118 million) in sales for this ambitious seafront project in Dubai Maritime City.
Omniyat Group also announced that only a limited number of the upper floors of the ground plus 44 storeys remain available in addition to five town houses that were not released for sale.
All the units in Anwa offer sea views, according to the group, which served as a strong USP (unique selling point) for buyers.
Following the overwhelming response during the two-day launch sales, and to cater to the high demand from investors, the group extended the period by two more days.
Launched on December 9, the Dh600-million ($163.3 million) Anwa project by Omniyat is a 225-unit tower, comprising 48 storeys.
The project is scheduled to be handed over by the first quarter of 2016, said the company in its statement.
Omniyat Group has signed up Kele as the contractor for the project, while Al Ghurair Contracting and Engineering Works will be the specialist contractor for the piling works.
Commenting on the solid sales, managing director Mark Phoenix said the location of Anwa played a key role in boosting the sales as Dubai Maritime City is primed to be one of the hottest residential zones of the city.
"Anwa’s elegant offerings and upmarket standards, our partnership with Dubai Maritime City and our attractive payment plans were key factors that triggered such a fantastic response for this project," he added.
“We were greeted with phenomenal interest from end users, many of them living in the vicinity of Bur Dubai and Jumeirah. We are delighted with the appreciation for Anwa from our clients and investors, which we believe is an acknowledgement of Omniyat’s track record in delivering superior quality projects,” he added.-TradeArabia News Service