Prestige One Developments launches new projects in Dubai Sports City and JVC
The high-end, luxury developments are part of a US $490mn programme
UAE-based Prestige One Developments has announced the launch of its new luxury apartment projects in Dubai Sports City and Jumeirah Village Circle, amid growing demand for premium residential real estate across the emirate.
Vista is a 140-unit development designed by the team at Lacasa Architects and Engineering Consultants; it features a mix of studios, one-, two- and three-bed units. The community as a whole offers an array of top-of-the-line amenities, such as electric vehicle charging or parking, a landscaped jogging track with benches and calisthenics equipment, a multi-sport court, and a basketball court, said a statement from the developer.
Meanwhile, the second project – The Residence – is spread over a 160,837sqft and has a basement level, ground floor, five upper floors, and a roof deck.
Unveiling the projects, CEO Ajmal Saifi said this is the first batch of 250 units being launched out of the 1,000 apartments planned this year across Dubai, at an investment of around US $490mn.
“We are committed to delivering luxurious and sustainable living spaces that cater to the discerning tastes of Dubai’s high-end market. Vista is a contemporary residential project that offers luxurious living, while The Residence is a remarkable addition to Jumeirah Village Circle. Both developments prioritise eco-friendly design and construction practices, as well as a sense of community and family living,” he explained.
A Canadian entrepreneur who entered the Dubai property market as long ago as 1988, Ajmal Saifi explained that his business “plans to develop and build another 5,000 residential units in and around the UAE over the next five years.”
