CONSTRUCTION NEWS
Lootah completes Jumeirah residential project handover
Jan 29, 2019 10:07 AM
UAE-based Lootah Real Estate Development has announced the on-time completion and handover of its latest residential project The Waves in Dubai. Located in the emirate s emerging residential community...
UAE-based Lootah Real Estate Development has announced the on-time completion and handover of its latest residential project, The Waves, in Dubai.
Located in the emirate’s emerging residential community Jumeirah Village Circle, The Waves residential property offers the essential requirements of communities while ensuring the highest standards of living.
The Waves comprises two modern buildings, offering a total of 135 units ranging in areas from 485 to 2,000 sq ft, including studios, one- and two-bedroom units besides one-bedroom loft apartments featuring key amenities such as a grand lobby, swimming pool, gymnasium and covered parking spaces, it stated.
Announcing the timely delivery, Saleh Abdullah Lootah, tthe executive director, said: "We are pleased to announce the handover of our latest residential property in Jumeirah Village circle, The Waves, which provides a beautiful, self-contained environment for residents."
"We take pride in honouring our promises and completing our projects on time, while providing our investors and end-users with the very highest standards of living," noted Lootah, while speaking at handing over ceremony held today (January 29) in the presence of senior company officials.
He pointed out that the real estate group had recognised the growing demand for affordable housing in the UAE property market, and hence it aimed to accommodate these requirements without compromising quality.
In this regard, Lootah is offfering investors and potential leaseholders a variety of flexible payment plans, thus making the development a lucrative proposition for home buyers.
"We have a very positive outlook on the future of the property market and are committed to delivering unprecedented level of affordable luxury with premium finishing, amenities and high-quality construction inline with our strategic plans to grow our existing portfolio of residential properties," he added.-TradeArabia News Service
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