Investors are queuing up to get their hands on The Residence Collection at Al Habtoor City after the Al Habtoor Group launched the sale of the luxury apartments within the highly-anticipated development. Joanna Andrews looks at the demand for what’s being dubbed the ‘most desirable lifestyle destination in the UAE’.
No sooner did the Al Habtoor Group unveil that for the first time ever it is allowing investors to buy into one of its developments, investors were clambering to get the chance to own the first freehold property for sale on Sheikh Zayed Road and the Dubai Water Canal.
Mohammed Al Habtoor, Vice- Chairman and CEO, Al Habtoor Group said, “Al Habtoor City has been a highly-anticipated development from day one. We are delighted with the reception and high interest from OWN YOUR ADDRESS on the Dubai Water Canal prospective buyers of The Residence Collection. We have a unique product to offer.”
He added, “We are excited to share this project with the residents and visitors of Dubai. It is located in the most desirable part of the city, and sets a new standard of living at the highest possible level.”
Al Habtoor City is not just any development; it is a development like no other. Within the new city in a prime location near the Dubai International Financial Centre, and a stone-throw from many of Dubai’s famous landmarks, are three unique selling points:
The Residence Collection itself, which comprises of three luxury residential towers boasting 360 degree views of Dubai’s famous skyline, and provides residents with high-end amenities including the UAE’s largest pool deck.
There are three towers within The Residence Collection at Al Habtoor City; Noura and Amna, both scaling 74 floors and Meera, a 52 floor luxury tower. There are more than 1,000 units between, sharing exceptional amenities, including the UAE’s largest pool deck measuring 35,000 square feet, a state of the art fitness centre and club house complete with personal trainers and yoga studio, and a tennis academy with an indoor air-conditioned court. In addition, there is a clinic, a crèche and supermarket and a host of other conveniences right on the doorstep. The Ultimate Collection includes 12 penthouses, three of which are VIP penthouses spread over four floors of ultimate living, and complete with two top floors of private entertainment space.
The Hotel Collection consists of three five-star hotels in one stellar location - The St. Regis Dubai, W Dubai – Al Habtoor City and The Westin Dubai, Al Habtoor City. Each hotel offering something unique to its diverse clientele.
The Leisure Collection, meanwhile provides residents and visitors with a host of added value. It includes La Perle, the region’s first-ever permanent water-themed theatrical production by Dragone, as well as multiple food and beverage outlets, a European-style boulevard lined with stylish cafés and boutiques, a Promenade on the upcoming Dubai Water Canal and a state of the art tennis academy, which includes an air-conditioned tennis court.
Brian Etemad, CEO, Tamleek said, “We are delighted to have our first buyer for one of the unique penthouse apartments at Al Habtoor City. There are a limited number of penthouses and the interest has been high.” Etemad said, “Whether buying a penthouse or a luxury apartment within Al Habtoor City, you are not only buying a home, you are buying a lifestyle choice,” he added. “Al Habtoor City has so much to offer, whereby the best of the lifestyles that Las Vegas (without the gambling), Macau, and Monte Carlo have to offer are included in a one-of-a-kind development with Al Habtoor City. There is the added value from the three five-star hotels within the development, and the Leisure Collection, which incorporate a wide range of F&B outlets, a Dragone theatrical production exclusively choreographed for the development, a boulevard and a marina.”
Al Habtoor City is ideally placed, with Dubai’s famous landmarks, hospitals and schools within a 15-minute radius, and within easy reach of the Dubai International Financial Centre, Business Bay and both of Dubai’s airports. The Dubai International Airport is a 15-minute drive, and Dubai World Central – Al Maktoum International Airport is 35 minutes away.