Dubai: Real estate developer SRG Holding has introduced an innovative ownership scheme for its Marquise Square tower in Business bay that will create a new generation of property owners.
SRG Holding is a family-owned business that began as a trading enterprise in Dubai in the 1950s before expanding into real estate in the 1970s. The company is run by the Emirati brothers Mohamed and Fahad AlRafi - sons of company founder late Mr. Abdulsalam AlRafi. Its sizeable project portfolio includes Sheikh Zayed Road’s five-star, Sheraton Grand Hotel – Burj Al Salam, Staybridge financial center and Staybridge internet city offering residential, commercial units and Hotels.
Marquise Square Tower is located on the banks of Dubai Water Canal, offering spectacular views of Burj Khalifa and Dubai Water Canal. The diamond-shaped tower features 416 stylishly designed units ranging from studios to three-bedroom apartments.
All units are equipped with high-end interior furnishings and European kitchen and bathroom brands. The tower also features amenities including a health club, swimming pool with children’s pool, state of the art gym, with a steam room and multifunctional outdoor court, with commercial shops also available.
With prices starting at AED 950,000, the project represents one of the city’s most exciting investment opportunities for investors and end-users and is already home to many of Dubai’s young and ambitious entrepreneurs as well as families.
To launch the new ‘post payment’ plan, SRG Properties top executives invited investors to a sales event featuring a culinary experience by renowned caterers Inked, and live entertainment by performers including singer, Layla Kardan and a dance performance by Dan Bolton Events.
In a move that displays SRG Holding’s confidence in the market, investors in the 29-storey residential development located in the Burj Khalifa District. The arrangement enables them to pay in instalments over an 18-month period following handover. The buyers have the option to enter a guaranteed rental scheme of 6% over 2 years.
Aimed at those who might lack the funds to buy a home outright, the scheme opens up ownership opportunities for hundreds of young professionals, families and investors making their first step onto the country’s property ladder.
Fahad AlRafi, CEO of SRG Holding said: “Our objective is to change the face of the market and open up top quality living opportunities to investors and home-owners. We believe that the project delivers a new, stylish and efficient way of living through attention to details in all aspects of the apartments and common areas.”
“With its price point, range of incredible units and location in the most sought-after spot in Dubai Burj Khalifa District, Marquise Square surely ranks as the city’s most exciting investment opportunity right now.”
Mohamed AlRafi, Chairman of SRG Holding, said: “It was a real pleasure to host an event that provided such memorable entertainment and highlighted the properties main features and amenities. “Everyone at SRG Holding is hugely proud of Marquise Square. Our company ethos is to limit the number of projects we run at one time, enabling us to get involved in every facet of build, design and finishing. All aspects of living are meticulously thought through and set the bar high for the real estate developments we aim to launch in the future.”
For more information, please visit www.marquisesquare.ae
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