Connect with us

Business Insights

Dubai Maya V Tower Sells Out Within an Hour of Launch

Maya V, a real estate developer, made waves in Dubai when it sold all 102 flats within one hour of its formal launch.

Maya V, a residential tower project by London Gate, a real estate developer, made headlines in Dubai by selling its 102 units within just one hour of its official launch. 

This remarkable success showcases the city’s strong demand for quality residential properties.

Prime Location in Jumeirah Village Triangle:

The 102-unit residential tower is set to grace the skyline of Jumeirah Village Triangle, a coveted location in Dubai. 

The project is planned for completion in the fourth quarter of the next year, attracting buyers seeking prime real estate in the city.

London Gate, the developer behind Maya V, is not just stopping at this impressive launch. 

The company unveiled plans for flagship ventures, including Marina 106, Nadine I & II, and Maya V, in highly sought-after Dubai locations.

The Evolving Dubai Real Estate Market:

Recent studies of the UAE real estate market indicate significant developments in Dubai. 

By 2026, there are expectations of 1,800 new units in New Dubai, while Central Dubai is set to witness 1,900 upcoming units during the same timeframe.

London Gate’s Commitment to Excellence:

Eman Taha, CEO of London Gate, expressed the company’s commitment to excellence and its mission to redefine Dubai’s iconic skyline and property landscape. 

The developer aims to create enduring legacies through exceptional quality, unparalleled style, and continuous innovation. London Gate aspires to reshape the narrative of luxury living in Dubai.

Upcoming Projects by London Gate:

London Gate’s upcoming projects promise exceptional features and amenities, showcasing the company’s dedication to excellence. 

Marina 106, situated in Dubai Marina, will be a towering 434-meter-high structure offering 649 luxurious living spaces. 

Nadine I & II will create a vibrant community inspired by the architectural wonders of Venice and Rome, located in Al Furjan. Maya V in JVT is designed for families, offering interconnected living spaces with 1, 2, and 3-bedroom homes.

Overwhelming Broker Interest:

The launch of Maya V witnessed an overwhelming response from brokers, with nearly 1,200 brokers attending the event. 

The strong momentum in Dubai’s real estate market is driven by growing interest from both developers and buyers, particularly in the luxury and premium segments.

Meeting High Demand:

The project currently targets end-users and has gained immense interest due to its attractive pricing, from Dh1,000 per square foot to Dh1,250 per square foot. 

With Maya V’s superstructure completed and the tower nearing 50% readiness, it’s expected to be delivered next year, setting it apart from projects scheduled for delivery in 2026 or 2027.

Maya V’s rapid success is a testament to the dynamism of Dubai’s real estate market and the enduring appeal of quality properties in the city.

Get all the latest update on UAE Times Now

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Trending