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London Gate’s Tuesday Launch Sparks Strong Investor Interest
Maya V, a residential tower developed by London Gate, accomplished an extraordinary feat by selling out within just one hour of its official launch on Wednesday. This 102-unit tower, located in the Jumeirah Village Triangle, is set to be completed in Q4 of the following year.
London Gate introduced its flagship projects, including Marina 106, Nadine I & II, and Maya V. All are strategically positioned in sought-after Dubai locations. Recent studies on the UAE real estate market project 1,800 new units in New Dubai and 1,900 upcoming units in Central Dubai by 2026.
Eman Taha, CEO of London Gate, expressed the company’s vision for reshaping Dubai’s iconic skyline and property landscape. Their commitment is to exceed market demands by developing exceptional properties in prominent locations. Such as the tallest building overlooking Dubai Marina, branded residences, and unique residential spaces across Dubai and Jumeirah Village.
London Gate’s upcoming projects boast outstanding features and amenities. Along with Marina 106 reaching a towering height of 434 meters and offering 649 luxurious living spaces. Nadine I & II draws inspiration from the architectural wonders of Venice and Rome, creating a vibrant community in Al Furjan. Meanwhile, Maya V in JVT provides interconnected living spaces for families, featuring 1, 2, and 3-bedroom homes.
The demand for quality residential properties in Dubai has surged. Driven by growing interest from both developers and buyers in luxury and premium brands. The launch event witnessed significant broker interest, with nearly 1,200 brokers attending.
The project primarily targets end-users, offering competitive pricing starting at Dh1000 per square foot and inching towards Dh1250 per square foot. Maya V’s construction has reached the halfway point, setting it apart as a project scheduled for delivery next year, ahead of many others in the market.
In conclusion, Maya V’s rapid sell-out and London Gate’s commitment to delivering outstanding developments reflect the thriving real estate market in Dubai, where demand consistently outpaces supply.
