Major Dubai real estate developer has recently declared that it has invested $54.6m on a new residential development in Jumeirah Village Circle in Dubai. The developer says the project it is spread over an area of 300,000sqft and will contain 160 apartments, split between 90 one- and 70 two-bedroom units.

The building consists of 6 floors and will feature a host of facilities such as a swimming pool, gym and offers full services. It will be handed over in March 2022, the developer mentioned.

According to a statement, the project is the 3rd to be offered for sale in JVC, which takes its number of apartments in the area to 500. The project is said to make available to the residents with easy admission to all major sites within the city, as well as easy access to service facilities and modern amenities.

“It administers the strength and durability of the real estate sector in the emirate of Dubai in particular and the UAE in general. It also reveals the company’s continued expansionary approach in the real estate sector in Dubai, as well as great confidence in the sector’s recovery this year,” stated top official.

He further noted that the company’s client-oriented strategy targets to deliver high-quality real estate to clients who are looking to create balance between the quality of the property, a privileged location and high-quality lifestyle.

He added, “We are always ardent to offer smart offers that suit various segments of customers, in light of the great confidence in the projects of the company, especially with the unceasing progress in the construction works in all projects according to the specified plans.”