Al Ghurair Properties is riding the wave with new projects
There is good news ahead for Dubai in the property market. As the emirate pulls out of the Covid-19 pandemic, industry experts predict a roaring Twenties-style record sales explosion for the real estate industry.
Dubai appears to be lighting up with what Knight Frank has called “a dramatic post-Covid rebound in luxury home sales”.
One company that is riding this wave is Al Ghurair Properties (AGP). Over the past 12 months, this renowned company has undergone a rapid digital transformation, from launching an engaging new website, starting 360-degree virtual tours and online booking appointments, to the introduction of an innovative Al Ghurair Tenant portal application.
At the end of June 2021, the company had a total of 5,127 residential units, which are expected to reach 6,686 by the end of this year.
In keeping with the company’s brand promise – to live centrally – AGP is known for its centrally located developments in urban communities such as Deira, Bur Dubai and Al Barsha. With properties renowned for bringing attractive yet affordable properties to market, AGP publishes some truly impressive statistics for its new developments.
According to data from reputable listing portal Property Finder, sales transactions in Dubai continue to increase due to demand. This trend is reflected in the growing demand across AGP’s portfolio. For example, today the occupancy rate of newly launched buildings is 56.34%, while the overall occupancy rate of the portfolio is 74.27%, with a target set at 80% by the end of the year.
Sultan Al Ghurair, CEO of Al Ghurair Properties, believes that the quality of the portfolio and the response to market needs are essential for AGP to thrive in the height of pandemic uncertainty.
“Our goal is to improve lives by providing integrated and sustainable communities that provide an enriched way of life within urban boundaries, with our tenants able to live, work and play within their community,” he explains. he.
Our goal is to improve lives by providing integrated and sustainable communities that provide an enriched lifestyle within urban boundaries, with our tenants able to live, work and play within their community.
– Sultan Al Ghurair, CEO, Al Ghurair Properties
AGP’s developments are all located in areas where the emirate has its best infrastructure in terms of connectivity and comfort of living, where metro stations, schools, hospitals and shopping centers are within ten minutes walking distance. of most properties. Hence the company’s slogan #liveinthecentre.
There are two AGP properties in particular that are currently making waves in the nation’s rental market – both offering fantastic rental deals.
The first is Manazil Al Mankhool 01 comprising 263 residential and commercial units.
Strategically located in the historic center of Dubai, its position means that it offers stunning views of the Burj Khalifa and Dubai Frame, with easy access to the rest of the city. With plenty of shopping and amenities nearby including a public library and various health centers and the nearest metro station at Sharaf DG, Manazil Al Mankhool 01 allows you to live in the center of Bur Dubai.
The development offers studios, 1, 2 and 3 bedroom apartments with modern interiors, spacious bedrooms, private balconies and high quality amenities. They offer residents the perfect combination of tranquil comfort and bustling city life.
The second new luxury development that catches the eye is the Manazil Al Raffa 01, which offers 314 units.
With Dubai International Airport around a ten-minute drive away – and the iconic Dubai Frame and lush Zabeel Park even closer – Al Raffa is a vibrant place that gives residents a full experience of the city. With supermarkets and leisure centers nearby, it is a lively, pedestrianized area for families to enjoy. It is also just minutes from schools, parks, and shopping centers, making daily necessities hassle-free.
The studios, 1, 2 and 3 bedroom apartments each have a closed kitchen, a dedicated balcony, as well as upscale amenities including a shared swimming pool and a fully equipped gym.
Both properties have must-see deals, which include one month’s free rent, no commission, and free maintenance.
With AGP, a luxurious and fulfilling lifestyle has never seemed so attainable in Dubai.
For more information on properties for rent visit www.agp.rent
This content is sourced from Reach by Gulf News, which is GN Media’s branded content team.