In Meydan, a brand-new Dh320 million villa project has opened.

In Meydan, a brand-new Dh320 million villa project has opened.

The Lua Residences project in Mohammed bin Rashid City, Meydan, was revealed by Swank Development. It is anticipated that the project will cost more than Dh320 million.

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Swank’s initial endeavor is consistent with Dubai’s overarching real estate strategy. Only 42 villas, with four to six bedrooms, are available at Lua Residences. Each villa has a luxurious interior to accommodate the various needs of its occupants.

The property is in a great position, close to some of Dubai’s most famous attractions. Many outdoor amenities are available in this gated community, such as large open areas, a crystal lagoon, sports facilities, a mosque, grocery stores, retail stores, schools, and clinics.

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A range of premium features that improve the quality of life will be included in every villa unit, including private pools, interior elevators, landscaped gardens, and cutting-edge solutions like smart home technology and environmentally friendly practices.

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Swank Development‘s managing director and board member, Moustafa Elsaid, said: “We are witnessing a growing demand for high-end residential units as Dubai continues to thrive as one of the happiest and safest cities in the world, and with its remarkable ability to attract top investors from around the globe.” This has motivated us to establish a project that reflects Dubai’s essence of luxury, elegance, and pragmatism in order to demonstrate our capabilities and grow the residential development industry.

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The company’s goals with this project are to become well-known in the Emirati real estate industry, draw in more investors, and succeed on a local and regional level.

Elsaid came to the conclusion that Swank Development is presently in the design and planning phases of an impending project that would be revealed shortly, and that the company plans to increase the size of its real estate holdings by purchasing more property for future projects.

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