Posted inProperty

Dubai Properties unveils new luxury residential project

Prices start at $462,846 for unit at Maram Residence, a twin-tower development in Downtown Dubai

Real estate developer Dubai Properties (DP) has revealed details of its new luxury project, Maram Residence, with starting prices from AED1.7 million ($462,846).

The developer also announced that the contract awarding process has begun, with the piling and enabling contract being awarded to NSCC.

The two 27 storey towers will have unit options including one, two, three and four bedroom apartments along with six exclusive penthouse suites with spacious layouts and premium finishing, DP said in a statement.

It added that the project will include a 19th floor viewing bridge.

Maram Residence will also include a business lounge, an indoor children’s play area, an outdoor children’s play and pool area, a gym and fitness area, a jogging track, a sky garden with seating areas and water features, and an infinity pool deck at roof level with a lounge.

A vast landscaped outdoor terrace on the ground floor is also planned for the residential tower and will be complete with seating areas, water features and a variety of community and retail outlets.

Located in Dubai’s downtown Burj Khalifa district, Maram Residence will cater to the increased demand from regional and international investors looking for premium luxury residences in Dubai, DP said in the statement.

Mohammed Alhabbai, chief officer for urban planning and infrastructure at Dubai Properties Group said: “The location, luxury design, and various facilities available at Maram Residence offer a more premium living experience in the heart of Dubai.

“Maram Residence will cater to the increased demand for luxury residential and commercial property in strategic locations across Dubai, and we anticipate that its launch will further support the development of Dubai by catering to its growing population.”

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