(MENAFN Press) SPF Realty, a leading real estate company in the UAE offering holistic solutions to all property-related requirements, has signed a partnership with G&Co, a Meydan City sub-developer, for sales and marketing of the new luxury residential project -- Grand Views at Millennium Estates located within Dubai's prestigious Meydan City Community.
Grand Views at Millennium Estates is the city's newest community of luxurious townhouses and villas located in Meydan -- one of the world's largest and most luxurious integrated racing, business and lifestyle hubs. Millennium Estates is a luxury residential development within the master project in the Ras Al Khor area of Dubai. The Grand Views project is in proximity to Nad Al Sheba-1, which is home to the Dubai-based Godolphin stables and the star attraction for horse-racing enthusiasts worldwide.
The partnership between the two major players in the industry aims to promote the residential community development and develop an insight on the market needs and opportunities provided by the new Grand Views Project. This opulent community is the place that redefines elite living.
Commenting on the contract, Mr. Yash Shah - Property Sales & Leasing Manager at SPF Realty, said, "We are pleased to be partnering with G & Co. on their newest residential project at Meydan. It gives us great pride to be a part of this luxury project, which is valued at 2.7 billion Dirhams. The development consists of 304 townhouses, 172 villas and eight mansions. We will develop effective strategies for the sale and management of this luxury property development. Starting at Dhs1275/- per Sq.ft., Grand Views at Millennium Estates currently offers the lowest pricing in the Meydan Community for prosperous investors."
"This partnership will surely strengthen SPF Realty's leading position in the market, enabling us incorporate our knowledge and expertise in rolling out outstanding sales and management services for hi-end properties. "We are capable to fulfill the investors' requirements through our extensive understanding of the market and our wide-ranging expertise in property investment management," he added.
"The project is mainly targeting property-seekers who look forward to live in glamorous and exclusive surroundings to enjoy breathtaking nature. Grand Views at Millennium Estates encapsulates a harmonious blend of distinctive lifestyle with lavish homes and wide-open spaces effortlessly interwoven to form a seamless world of existence," Mr. Shah said further.
The payment plan has been made to provide the best security and convenience to the investors. When an investor books a property at Grand Views at Millennium Estates, he/she pays 10 per cent of the property value on booking, 10 per cent after four months of booking, 10 per cent after eight months, five per cent after 12 months, and the balance 65 per cent only on completion of the
booked property. The initial 35 per cent payment goes into an Escrow account, thereby guaranteeing the safety of the investors' money.
Grand Views at Millennium Estates offers the best of fine suburban living with the convenience of nearby urban destinations “ including DIFC, Downtown Dubai and a direct link to Sheikh Zayed Road. Modern, sleek and complete with exquisite finishes, live at the most pulsating address in town. The development will also feature a Community Centre, Retail Shopping, Family Park and a Swimming Pool.