India’s Gemini Property starts work on Dubai project
The developer has registered with the Real Estate Regulatory Authority and opened an escrow account
The India-based Gemini Property Developers has started construction work on its luxury residential project in Dubai’s Mohammed Bin Rashid City.
The company says that the Gemini Splendor project will be the first of many it plans to build in the GCC in the coming years.
The Dubai project will have a built-up area of over 320,000 square feet and is expected to be completed in early 2018.
It will feature 134 units, including one-, two- and three-bedroom apartments, penthouses and townhouses. Apartment units will range from 780 square feet to 3,400 square feet. The building will also contain retail, shopping and entertainment facilities and green spaces.
“Gemini Splendor will help in satisfying the rising demand among Dubai residents for luxury apartments built to best-in-class standards,” said Sudhakar R. Rao, Managing Director of Gemini Property Developers.
“This milestone project marks an important phase of our entry into the real estate industry and reinforces our commitment to deliver key projects in one of the most sought-after Middle Eastern markets.”
The company also announced that the enabling works contract has been awarded to National Piling, the project will be designed by Aedas and the detailed design for it will be executed by Dubai Consultants.
