Saturday 18 November 2017

Dubai Properties boosts residential leasehold portfolio

DUBAI, March 16, 2017

Dubai Properties (DP) said its leasehold portfolio continues to address market demand through its wide ranging built-to-lease communities comprising over 22,700 residential units.

A leading Dubai-based real estate master developer and asset manager, DP pointed out that its 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.

DP 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, remarked Sahar Al Ansari, the senior executive director for Residential Asset Management.

"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," stated Al Ansari.

According to her, 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" she added.

A contemporary approach to real estate solutions, including community and facilities management capabilities, along with a culture of service, have cemented DP’s leading position in the leasehold segment.

"DP’s 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," observed Al Ansari.

"The leasehold option by DP enables customers to avail an upgraded community lifestyle, by offering significant value-additions integrated into the overall offering," she noted.

Citing a Cluttons report, Al Ansari pointed out that there was 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.

“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 stated.

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.

Designed to offer a unique experience, DP’s 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 communities that fall under DP’s built-to-lease portfolio, include Al Khail Gate, Rahaba Residence, Al Quoz and Nuzul staff accommodations, Shurooq, Ghoroob, and Remraam (leasehold phase). -TradeArabia News Service

Tags: Dubai Properties | portfolio |

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