February 23, 2024

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Tiger Properties pronounces the launch of Altai Tower in Jumeirah Village Triangle

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“Because the 12 months’s starting, we’ve been wanting to launch high-quality actual property tasks that go well with the wants of traders and finish customers,” says Amer Waleed, CEO of Tiger Properties. “Our brand-new mission, Altai Tower, stands out for its facilities, design, setting, inexpensive prices, and adaptable fee choices.”

With 48 studio residences in addition to 146 one- and 50 two-bedroom flats, the mission caters to individuals planning to personal inexpensive properties in Dubai in addition to traders searching for a excessive return on their funding. Costs of residential models begin at Dh599,000, which might be paid over 5 years with none curiosity. Building on the mission will start this month and is anticipated to be accomplished by April 2026.

Because the Dubai property market continues its resurgence, the emirate has been witnessing excessive ranges of progress in each worth and quantity of gross sales transactions. On Might 3, Dubai recorded Dh830.88 million value of property transactions in a single day. March noticed a 53 per cent progress within the worth of transactions over the identical interval final 12 months to file Dh34.2 billion whereas the amount grew by 45 per cent, in keeping with Property Finder. Not surprisingly, off-plan transactions accounted for greater than half of the entire gross sales for the month on this undersupplied market, whereas making up 36.8 per cent of the entire worth.

Tiger Properties is trying to faucet into this robust demand with its newest mission. “With our shoppers’ confidence in our tasks and the power and longevity of the actual property market in Dubai and the UAE, Tiger Properties is dedicated to maintaining with the surge in demand and dealing to satisfy it,” explains Waleed. “The high-quality and distinctive tasks that our agency has developed are consistently in demand, and consequently, we’ve been profitable in promoting residential models in a lot of tasks in file time.

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