[ad_1]
Dubai’s booming luxury real estate sector continues to generate unprecedented demand
The S Tower features two types of luxury apartments with easy access to Dubai’s prime locations.
Isaac John
Sobha Realty, a leading high-end real estate developer in the Gulf Cooperation Council (GCC), announced on Thursday the launch of its first iconic residential project, as Dubai’s booming luxury real estate sector continues to drive unprecedented demand from high-net-worth buyers around the world.
Prime real estate prices in Dubai have surged 89% over the past 12 months, with a 29% increase in the third quarter alone, fueled by a steady stream of ultra-high net worth individuals from around the world looking to buy. In major areas of the city, according to the latest available data.
PNC Menon, founder and chairman of Sobha Realty, insists that Dubai’s incredible economic resilience and its fast-spreading appeal as a premier residential destination for the world’s rich and famous is the group’s first signature residential project” Inspiration for The S”, the project is located in the most powerful corridor in the Middle East, Sheikh Zayed Road.
Located between Palm Jumeirah, Sheikh Zayed Road and Dubai Internet City, Tower S features two types of luxury apartments with easy access to Dubai’s prime locations such as iconic Dubai Marina, Emirates Golf Club and Burj Al Arab Construction developments. The 62-story building will house 43 floors of premier residences, as well as six floors of enclosed podiums for luxury cars. The tower is also equipped with 24/7 concierge and security services for safety and convenience. Menon said the tower was designed to allow residents to enjoy breathtaking ocean views from the north side, as well as lush golf course views to the south.
Menon said in an interview with Khaleej Times that it is Sobha’s mission to create a better life experience. “This tower truly showcases the best of what Sobha has to offer, driven by my own passion to provide the very best for our clients. Every detail has been carefully crafted with the utmost care in sophistication and There is a perfect balance between forms. Together, these elements create an unparalleled living experience for our discerning residents who are accustomed to such high standards of luxury living,” said Menon. He said the price range for the apartments would be announced at a later date.
The 62-story building will house 43 floors of premier residences, as well as six floors of enclosed podiums for luxury cars.
He said the tower, like all of Sobha Realty’s work, incorporates cutting edge technology, including many smart features. “The ‘S’ fully embodies Sobha Realty’s signature style and sophistication, the result of the company’s extensive experience and design capabilities, following Sobha’s unique ‘backward integration’ model. In addition to smart lights that can be controlled from a smartphone, In addition to curtains and other connectivity features, the tower has a high-speed elevator for quick access to your apartment. Likewise, fresh air units with HEPA and UV filters are used to improve air quality and run throughout the building structure to ensure the overall health of the residents.”
Francis Alfred, Managing Director of Sobha Realty, when launching ‘The S’ tower, the developer will offer clients reimagined luxury living with state-of-the-art amenities in one of the region’s most important locations. City. “Our aim is to ensure the highest quality standards across all of our properties and this iconic tower is a testament to our commitment to enhancing the customer experience. Demand for luxury properties continues to increase and with the launch of ‘The S’, we Working hard to meet these expectations. With this iconic residential tower, Sobha Realty marks another addition to its luxury property portfolio and is eager to raise the bar of quality in the years to come,” said Alfred.
Other facilities include a luxury bespoke café, health spa, sauna, lounge area, gym, children’s daycare centre and an art gallery showcasing original masterpieces by leading global artists. Residents will further have access to a heated infinity pool and meditation corner, offering the highest level of luxury and elegance for an exclusive lifestyle.
isaacjohn@khaleejtimes.com
[ad_2]
Source link