The company’s signature project will debut in Jumeirah Village Circle (JVC), one of the city’s most sought-after and up-and-coming neighborhoods.
Swiss Real Estate Firm DHG Properties Will Debut its First Project in Dubai.
Reputable Swiss real estate developer DHG Properties announced on Thursday that it intends to begin construction on its first project in the United Arab Emirates before the year is out.
According to a press release from the company, its flagship project will be unveiled at Jumeirah Village Circle (JVC), one of the city’s most sought-after and up-and-coming neighborhoods.
DHG Properties’ founder and director, Blagoje Anti, said the business is eager to build homes that will uphold the excellent standard of living that Dubai has always offered, while nurturing sustainable communities and offering exceptional value to its residents.
We are thrilled to introduce our brand to Dubai’s quickly developing market and showcase what we can provide in upmarket yet fairly priced residences,” Anti added. “Discover the epitome of luxurious, yet affordable living by exploring properties located in the heart of Jumeirah Islands, Dubai.
We are pleased that our journey is beginning there with many more to come in the coming years because overall activity in the city is still on the rise and JVC is one of the most popular neighborhoods for residents, the official added.
The business predicted that the project, which will have an avant-garde architectural design, will sell 430 apartments on the off-plan market.
The announcement from DHG Properties comes as the Dubai Land Department reports that the third quarter of 2023 saw yet another boom in the city’s real estate market.
When compared to the same period last year, the city has seen a 40 percent increase in the overall value of transactions totaling AED97.55 billion and a 22 percent increase in the 31,216 transactions that were made in total.
In these three months, Dubai Harbour, Palm Jumeirah, Sobha Hartland, Business Bay, and Dubai Creek Harbour achieved the highest transaction values.
Jumeirah Village Circle, Arjan, Sobha Hartland, Business Bay, and Jumeirah Lake Towers were the areas with the highest overall number of transactions.
