Published On: May 30, 2023Categories: Business1.9 min read376 wordsViews: 94

A stunning view of Dubai Marina, a key attraction for local and global visitors.

Inayat-ur-Rahman, Business Editor

Dubai continues to maintain its strong position among the best real estate markets in the world amid higher returns on investments and a good environment for launching and developing business.

This was revealed by Waleed Al Zarooni, CEO, W Capital, adding that the City of Wonders is a safe haven for global investors.

He pointed out that W Capital preserve the confidence of more than 70 developers of the major real estate development companies in Dubai and the company always seeks to obtain the best price offers for customers and investors alike.

Meanwhile, the Dubai-based real estate brokerage announced selling an entire floor in the “Palace Residences Tower North” project, which is being developed by Emaar Properties in the Dubai Creek area. “We managed once more in selling an entire residential floor in one of the distinguished residential projects in Dubai, which is the Palace Residences Tower North, being developed by Emaar Properties,” Al Zarooni added.

Al Zarooni stated that the number of apartments per floor reaches 10 apartments, ranging from one-room , two-room, or three-room apartments, with total floor area of about 10,170 square feet. The CEO noted that the “Palace Residence – North” was launched in the first quarter of this year. As a new addition to the Dubai Creek Harbor area, it is scheduled for completion in the second quarter of 2027.

“This project comprises of 335 branded units, including 1 to 3-bedroom apartments, and 3-bedroom, two-storey canal-facing townhouses, with sophisticated interiors,” he added.

The project units design include a laundry room, a large wardrobe, and one or more balconies, with a stunning view of the waterfront. The townhouses and 3-bedroom apartments will also have a maid’s room to provide the utmost comfort to homeowners. The real estate spaces in the “Palace Residence North ” range from 639 to 1924 square feet.

The project will provide privileged access to a wide range of lifestyle-oriented amenities, as well as the availability of an elevated pool deck, with uninterrupted views of the promenade, waterfront and infinity pool, children’s play area and swimming pool, in addition to a splash Pad, fountains, dedicated Yoga Room, Gym, BBQ Area, and Entertainment facility.

SOURCE: https://www.gulftoday.ae/business/2023/05/28/dubai-safe-haven-for-global-investors

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