Vincitore Realty, a Dubai-based boutique real estate developer, has said it has sold more than 100 units in its third project in just 21 days.
Launched last month, Vincitore Benessere, with a development value exceeding AED375 million, features a total of 380 branded residences ranging from studios to 3-bedroom apartments.
It also includes a 38,000 sq ft high street retail hub to serve the entire community in and around the area.
Commenting on the sale of 108 units in three weeks, Vijay Doshi, chairman and managing director of Vincitore Realty, said: “This is a great testament to the credibility and legacy being built by Vincitore Realty in such a short time and reflects the investor’s confidence in our properties.”
He added that the sale success is also a strong vote of confidence in Dubai’s real estate market especially after the announcement of the UAE Government’s decision to allow permanent residency to foreign investors and professionals.
The project, which is located in Arjan, close to Miracle Garden, has doubled the developer’s real estate portfolio value to AED730 million, including the AED135 million Vincitore Palacio and AED230 million Vincitore Boulevard.
Planned for delivery in 2021, the project comes with a retail hub on the ground level, a landscaped garden, swimmable lagoon pool, floating gym, yoga centre, 500 metres of walking trail, a common social networking area, and a wellness facility that offers waterfall and hot and cold mist shower.
Vincitore Realty entered the UAE’s real estate sector in 2016 with its maiden project, Vincitore Palacio, that was delivered in 2017. Its second project, Vincitore Boulevard, will deliver 216 homes later this year.
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