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Sat 24 Jan 2015 09:52 AM

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Reef announces launch of new Dubai residential tower project

Reef Real Estate says 38-storey tower in Jumeirah Village Circle will comprise 378 homes plus retail units

Reef announces launch of new Dubai residential tower project
The tower will overlook the Els Club Golf Course. Image supplied.

Reef Real Estate has announced the launch of Reef Residence, one of the first high-rise residential development in Jumeirah Village Circle in Dubai.

The 38-storey tower will be located on the periphery of the master community, next to the Els Club Golf Course at Dubai Sports City.

The tower comprises 378 homes, a combination of studio, 1 and 2 bedroom apartments in addition to seven retail units, the company said in a statement.

Lifestyle amenities include a large, landscaped leisure deck with BBQ areas and a playground, two swimming pools and a gym, it added.

"The growing demand for good quality affordable residential properties in Dubai is what prompted us to conceptualise Reef Residence. The tower is designed with the up-and-coming address in Dubai in mind and will appeal to investors from around the world looking for a stable investment," said Ahmed Al Mansoori, CEO, Reef Real Estate.

Reef Real Estate said the project's main contractor is Gulf Technical Construction Company, a subsidiary of Drake & Scull International.

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