The Dubai-based developer is planning to launch three new projects valued at 82 million—moreover, the plan focus on expanding the real estate portfolio during high demand from buyers.

In a statement to Dubai’s financial market, the company says the project includes 400 residential units and Hotel apartments to be launched in Al-furjan, Dubai. 

The first project will be Amalia residences; however, the remaining two are yet to announce. 

In addition, the company has not mentioned anything about the project timeline, construction, or funding plans. 

The CEO says, “we are pleased to announce the expansion of our growing portfolio of residential and Hotel projects. In conjunction with the launch of our presence in Al-furjan, Dubai, through three different projects. These projects bring housing options to the area.”

The launch announcement comes amid the blooming period of Dubai real estate. According to reports, the economy is growing by 6% this year.

The vice president of sales says, ” we are offering flexible payment plans of up to 5 years. Also, full exemption from the real estate registration fee.” 

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