December 4, 2023

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Dubai’s new skyscraper Al Habtoor Tower launches gross sales – costs from Dh2.1 million

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Dubai: Gross sales have opened for the 345-metre excessive Al Habtoor Tower in Dubai, which on completion will take its place among the many world’s residential skyscrapers.

Situated on Sheikh Zayed Street and adjoining to the Dubai Water Canal, the challenge is valued at Dh3.7 billion. The 82-storey construction could have a built-up space of 327,000 sq. meters and have 1,701 housing items, together with 22 sky villas. The sky villas are from Degree 76 upwards.

One-bedroom residences are priced at Dh2.1 million, two-bedroom from Dh3.5 million, and three-bedroom items at Dh4.7 million. The worth of the sky villas are but to be introduced.

“There are individuals who wished to purchase your complete constructing – we mentioned no,” mentioned Mohammed Khalaf Al Habtoor, the Vice-Chairman and CEO of Al Habtoor Group.

The three amenity flooring (on the eighth, forty seventh and seventieth) embrace Infinity swimming pools and leisure decks. The eighth flooring could have a 270-degree out of doors and separate indoor tranquillity pool.

“We’re hoping for a three-year handover,” mentioned Thomas Murdoch, Deputy Basic Supervisor of Al Habtoor Group. “We’re already at across the 10-11 per cent mark. We’re not nervous about provide chain challenges both – we belief our contractor to get the job finished.”

About three weeks in the past, China Railway 18th Bureau Group Ltd. was awarded the contract from amongst 10 bidders.

“There’s been numerous expressions of curiosity, confirmed pre-bookings from unique companions, and those who acquired forward of the sport,” mentioned Murdoch. “The job now could be to complete these and transfer on to the general public gross sales.”

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