Dubai Investments, renowned for its development of logistics and industrial parks, has initiated the construction of a Dh300 million residential tower in Jumeirah Village Circle (JVC). This development coincides with the company’s ongoing endeavors, including the establishment of an industrial park in Angola and a Dh1 billion resort project in Ras Al Khaimah.

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Named the Violet Tower JVC, the project is set to soar 27 stories high with a ground floor and four parking levels. Benefitting from a foundation of successful projects and a burgeoning community of residents and tenants, JVC has emerged as a prime destination for off-plan launches in Dubai.

Scheduled to commence in the second quarter of this year, the Violet Tower project is anticipated to span a full year until completion.

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Obaid Mohammed Al Salami, General Manager at Dubai Investments Real Estate Company (DIR), emphasized, “In response to the increasing demand for upscale residential developments in JVC, Dubai Investments acknowledges the growing preference for properties that seamlessly blend luxury with functionality. Violet Tower epitomizes our commitment to meeting this demand.”

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