Credit By: Dubai Newsweek
In a remarkable feat for the Dubai real estate market, London Gate’s residential tower, Maya V, achieved an astounding success by selling out within just one hour of its official launch on Wednesday. This luxury development, consisting of 102 units, is set to grace the skyline of Jumeirah Village Triangle, with an anticipated completion date in the fourth quarter of the following year.
London Gate’s Vision:
London Gate, a prominent real estate developer, unveiled an ambitious lineup of flagship projects, including Marina 106, Nadine I & II, and the much-coveted Maya V. These exclusive developments are strategically located in sought-after areas throughout Dubai.
Recent studies of the UAE real estate market indicate that by 2026, there will be a supply of 1,800 new units in New Dubai, while Central Dubai will see 1,900 more units within the same timeframe.
Eman Taha, CEO of London Gate, shared the company’s vision, emphasizing their commitment to redefining Dubai’s iconic skyline and property landscape. Their goal is to exceed industry standards and continuously adapt to the ever-evolving market demands.
Exciting Projects on the Horizon:
The forthcoming projects from London Gate promise to offer exceptional features and amenities, showcasing the company’s unwavering dedication to excellence. In particular, Marina 106, located in Dubai Marina, will stand tall at 434 meters, featuring 649 luxurious living spaces with stunning city views. These spaces include one to four-bedroom apartments and deluxe duplexes.
Nadine I & II, inspired by the architectural wonders of Venice and Rome, will create a vibrant community in Al Furjan. Meanwhile, Maya V, located in Jumeirah Village Triangle, is designed with interconnected living spaces ideal for families, offering 1, 2, and 3-bedroom homes.
Surging Demand for Quality Residential Properties:
Dubai’s real estate market is witnessing a surge in demand for quality residential properties, fueled by growing interest from developers and buyers in the luxury and premium segments. The launch event for Maya V witnessed strong broker interest, with nearly 1,200 brokers in attendance.
According to a spokesperson from London Gate, the demand currently outpaces the supply in the market. They mentioned that most launches are scheduled for delivery in 2026 or 2027, but Maya V is on track for completion next year, further intensifying interest from end-users.
The incredible success of Maya V’s rapid sell-out demonstrates the strong appetite for premium residential properties in Dubai. London Gate’s commitment to delivering excellence and innovation, along with its ambitious projects, is poised to set a new benchmark in luxury living in the city. As Dubai continues to evolve and grow, London Gate is well-positioned to become synonymous with unparalleled quality and style in the real estate landscape of this thriving metropolis.
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