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Home Lifestyle Landmark Dh350m land deal area to reshape Dubai’s skyline

Landmark Dh350m land deal area to reshape Dubai’s skyline

From left: Kunal Singh Sandhu, Founder, and Nitin Chauhan, Partner, Pleasure and Property
Image Credit ranking: Supplied

Pleasure and Property, a UAE-basically basically based boutique right property agency, has facilitated a landmark land transaction valued at  Dh350 million. The space, located within the high enterprise district along Shaikh Zayed Facet dual carriageway, is determined to host a placing novel tower that will redefine Dubai’s skyline.

The deal, one of many biggest of its fashion in 2024, was as soon as orchestrated by Nitin Chauhan and Kunal Singh Sandhu, partners at Pleasure and Property. This fulfillment builds on their track represent of managing excessive-price right property transactions, including a recent Dh300 million villa space sale in Jumeirah Golf Estates. The duo’s expertise in luxurious plots and top charge traits has positioned the agency as a key participant in Dubai’s right property sector.

Nitin Chauhan highlighted the appeal of luxurious living in Dubai’s high areas. “This project embodies the head of luxurious living on Shaikh Zayed Facet dual carriageway,” he explains. “Its unparalleled space, offering ravishing views of Shaikh Zayed Facet dual carriageway and the ocean, naturally drew interest from top developers.

“The upcoming luxurious tower will redefine the skyline and point to developers’ self belief in Dubai’s thriving right property market. The city’s leadership has created a outstanding imaginative and prescient for the field, which restful holds enormous divulge ability.”

Known for his customer-centered manner, Chauhan specialises in luxurious plots and constructing opportunities in identical elite areas. He has been a key participant in Dubai’s right property scene since the appearance of freehold properties.

Kunal Singh Sandhu, Founder of Pleasure and Property, neatly-known that this sale was as soon as a milestone for Dubai’s luxurious right property sector. With a profession spanning over 15 years within the lush niche, Sandhu has specialised in off-notion gross sales and opulent traits, overseeing a couple of of Dubai’s most excessive-profile projects earlier than founding Pleasure and Property.

“Our workforce dedicated substantial time and energy to this transaction, which highlights the increasing quiz for excessive-stay right property in Dubai,” he says. “The plush property market right here is on the rise, and the most exciting is yet to reach aid.”

This transaction underscores the well-known divulge of Dubai’s luxurious right property market, cementing its situation as a world leader in 2024. With 2024 marking a represent-breaking year, Dubai’s right property sector looks to be poised for even bigger achievements within the years forward.

This deal highlights the continuing momentum of Dubai’s luxurious right property market, which remains a magnet for global traders. Because the city pushes the boundaries of architectural innovation and urban constructing, projects like this one is poised to reshape its skyline and reaffirm its space as a number one vacation space for excessive-price property investments.

This pronounce material comes from Attain by Gulf News, which is the branded pronounce material workforce of GN Media.

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