globalbizmag.com
Imtiaz Developments Starts Work on $42.2 Million Residential Project in in Dubai
Another iconic mega residential project is coming up in Dubai which will be ready by third quarter of 2025.
Dubai-based luxury real estate developer Imtiaz Developments has announced the ground-breaking of its latest residential project, “Pearl House by Imtiaz.” With an estimated worth of $42.2 million, this iconic project is set to create a new benchmark for premium living in Dubai’s Jumeirah Village Circle area.
The new project is one of the six projects, which are under design and development stages, Imtiaz Developments has planned to launch this year. The developer has a strategic objective to generate over $1 billion in revenue over the next three years and it is confident that the target can be achieved due to Dubai’s economic growth that continues to drive a strong demand in Dubai’s housing sector.
“Pearl House By Imtiaz” presents an exquisite collection of 190 studio and one-bedroom apartments within a 16-storey building. Designed to cater to both investors and end-users, the project offers an exceptional opportunity for individuals seeking unparalleled elegance and comfort.
Masih Imtiaz, CEO of Imtiaz Developments, said that following the success of their previous projects in the Jumeirah Village community, they were thrilled to launch “Pearl House by Imtiaz,” a project that symbolised their dedication to extraordinary architecture and innovation.
“The launch of this project is part of our strategic milestones planned for this year. With its superior craftsmanship and prime location, we offer residents an exceptional living experience in the heart of Dubai,” Imtiaz said.
With a starting price of $138,855, “Pearl House by Imtiaz” provides an accessible entry point into the world of premium living, according to the developer. The apartments are thoughtfully designed, inspired by the splendour of pearls, and offer residents a harmonious blend of comfort and functionality.
Exclusive Amenities
“Pearl House by Imtiaz” showcases a range of exclusive amenities that elevate the living experience. Residents will enjoy a Club Room featuring an electric vehicle charging station for environmentally conscious individuals, fully furnished apartments with custom-made furniture, built-in office space for remote work, as well as other amenities, including a fully equipped gym, a serene courtyard, a rooftop pool, extra visitors parking, and a vibrant kids’ playground.
Ever since its inception 28 years ago, the company has built more than 2,000 residential units, four million square feet of office space, and more than two million square feet of retail. Some of its major projects include Westwood, Westwood Grande among others.