03/15/2017

Dubai Properties’ Versatile 22,000+ Unit Residential Leasehold Portfolio responds to Dubai Market Dynamics

Holistic resident-ready communities address vast needs of occupants

Dubai, UAE – 15 March 2017: Dubai Properties, a leading Dubai-based real estate master developer and asset manager’s leasehold portfolio continues to address market demand through its wide ranging built-to-lease communities comprising more than 22,700 residential units. Dubai Properties broad leasehold inventory ranges from family-friendly and affordable communities to staff accommodation and built-to-suit residences, all of which strategically fulfil the needs of the Emirate’s residential property market.

Dubai Properties serves the residential leasehold demand across the Emirate through new and innovative projects that are self-sufficient, holistic, and in-line with the design and infrastructure needs of an ever-evolving community. A contemporary approach to real estate solutions, including community and facilities management capabilities, along with a culture of service, have cemented Dubai Properties leading position in the leasehold segment.

Dubai Properties leasehold communities are lush and replete with open spaces. They have well-appointed community centres and day-care facilities, gyms, sports clubs and several other amenities that offer residents an elevated experience. The leasehold option by Dubai Properties enables customers to avail an upgraded community lifestyle, by offering significant value-additions integrated into the overall offering.

According to a Cluttons report, there is an increase in demand for rental real estate, an attractive proposition for the Emirate’s end-users who can now avail of better developed communities that support an evolving lifestyle and diverse infrastructural needs.

Sahar Al Ansari – Senior Executive Director Residential Asset Management, said: “Our leasehold portfolio offers a rich variety of residential units built to suit the needs of the end-user. We place a high priority on offering residents a holistic community experience at all our developments, to promote a healthy lifestyle which makes it convenient for families to spend time together. These purpose-built communities are built with a great attention to detail and an in-depth analysis of the location. We identify gaps that might exist and integrate essential services from fitness centres, to shopping and dining options, to community centres and child-care facilities, as well as open spaces into communities aimed at families. A similar approach is also employed while building staff accommodation or built-to-suit projects.”

“Layan is a great example of a community that was created with a lot of thought into the needs of the families that live there. We invite families to come and see what the community has to offer,” she added.

Layan’s distinctive features and modern facilities make it an integrated residential community ideal for the whole family, serving the residential leasehold demand in the area. The project's strategic location at Dubailand with direct access to Emirates road for residents commuting within Dubai and the different Emirates. With recreational facilities, parks including Miracle Garden and schools from the JESS and GEMS portfolio all nearby, the community ensures that its youngest residents have access to strong leisure and educational facilities. Regular open house events give potential residents a glimpse into the community’s cutting-edge facilities.

Designed to offer a unique experience, Dubai Properties leasehold developments are spread across the Emirate and reinvigorate established destinations like Deira, whilst adding life to new locales including DUBAILAND, where self-reliant communities like Layan spring to life. Other localities including Business Bay and JBR with strong access to major transportation networks, facilities and amenities, also offer vibrant residential destinations which bring a modern lifestyle and exceptional living experiences.

Other communities that fall under Dubai Properties built-to-lease portfolio, include Al Khail Gate, Rahaba Residence, Al Quoz and Nuzul staff accommodations, Shurooq, Ghoroob, and Remraam (Leasehold phase).

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