East & West Properties continues to see high demand for branded residences in Downtown Dubai from international buyers, following its recent developments valued at AED 2.5 billion.
The company launched Rixos, Financial Center Road, Dubai Residences in 2024, after the successful sell-out of St. Regis Financial Centre Road, Dubai, The Residences in 2023.
For the Rixos project, East & West Properties collaborated with Driven Properties and Refine for marketing, sales, and development management.
East & West Properties reports strong international demand for Dubai luxury homes
“We are delighted with the overwhelming success of the complete sell-out of the St. Regis Financial Centre Road, Dubai, The Residences, Rixos, Financial Center Road, Dubai Residences and 25hours Heimat Branded Residences. These achievements reflect the trust and enthusiasm of our valued clients. We eagerly anticipate further transforming the Downtown skyline with the addition of two iconic branded residential addresses,” Sabreen Khalifa Al Mansoori, Vice President of Sales, Marketing, and Leasing at East & West Properties said.
The Rixos development, which sold out within three months in 2024, comprises 229 properties, including one to four-bedroom apartments and four and five-bedroom duplex penthouses. The 84-storey structure will reach 347.81 metres upon completion.
The development will offer residents access to facilities including a lobby with concierge service, café and lounge, fitness facilities, wellness centre, running track, yoga deck, padel tennis, golf simulator, games room, resident’s lounge, and two swimming pools. A dedicated Residence Concierge will provide personalised services.
Buyers from 25 countries have invested in the project, with the majority coming from Russia, UAE, Turkey, China, Hungary, Netherlands, Canada, India, Madagascar, and Iran.
Construction began on June 4, 2024, with enabling works starting in August 2024. As of January 2025, the project has achieved several construction milestones: completion of external and internal shoring piles work, PTP piles tests, 65 per cent completion of capping beam construction, 50 per cent completion of anchoring work, and 35 per cent completion of excavation work. The overall enabling work stands at 24.64 per cent completion.
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