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Emaar unit starts work on ‘Beach Vista’ residences

DUBAI, June 10, 2018

Emaar Development, a UAE build-to-sell property development business majority-owned by Emaar Properties, said it has taken possession of the land for construction of Beach Vista residences in Emaar Beachfront, the private island destination in the Arabian Gulf.

Site mobilisation and enabling work has commenced with the handover of homes scheduled for the third quarter of 2021, said a statement from the company.

Emaar launched the sale of Beach Vista earlier this year, recording sell-out response. All 375 residences were sold out, thus netting total sales of Dh1 billion ($272.2 million) for the Dubai developer, underlining the strong investor confidence in its development competencies and the appeal of Emaar Beachfront as a sought-after residential destination.

Ahmad Al Matrooshi, the managing director, said: "Emaar Beachfront’s first residential launch, Beach Vista has been an overwhelming success recording strong investor response from the UAE and international markets. We are now commencing the construction of Beach Vista residences highlighting our commitment to on-schedule delivery."

"We are working with the best-in-class contractors and consultants to deliver Beach Vista to the highest standards of design excellence and build quality," noted Al Matrooshi.

The unique value propositions of Emaar Beachfront are the uninterrupted views of the Arabian Sea, The Palm Jumeirah, Dubai Marina and the Dubai skyline.

Residents will have access to a private beach and a wide range of leisure and lifestyle attractions including F&B (food and beverages) outlets, beachside play areas and retail pop-ups set along a promenade, said the developer.

Bringing a Miami beach style living to Dubai, Emaar Beachfront delivers a new lifestyle choice that fulfils the aspirations of the discerning customers.

The thoughtfully designed collection of Beach Vista homes are set in a twin-tower development of 33 storeys and 26 storeys. The homes have glass facades and bask in natural sunlight, and feature large balconies overlooking the sea, it stated.

Following the successful launch of Beach Vista, Emaar had launched Sunrise Bay, a new residential destination in Emaar Beachfront, which brings a refreshing dimension to resort-style living in Dubai.

With its homes opening to views of the Dubai Marina and the beachfront, Sunrise Bay comprises a limited collection of one- to four-bedroom premium residences, it added.-TradeArabia News Service




Tags: Dubai residences | Emaar Development |

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