Dubai's Lootah set to hand over key residential properties

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Lootah Real Estate Development, a key real estate developer in the region, has announced the handover dates of a total of five residential buildings within its key properties - Ewan Residences and The Waves communities - in Dubai, UAE.

Ewan Residences is located at the heart of Dubai Investment Park offering a secure and gated community, currently comprising 83 buildings, but by May this year the community will welcome three new G+2 buildings with a contemporary design, premium quality adding 51 new units to the development.

The community features an all-encompassing community experience with residential and retail outlets blended with an array of leisure facilities reflecting the forward looking and community spirit of Dubai, said the statement from Lootah.

The Waves is located at the Jumeirah Village Circle, one of the most accessible areas of Dubai, and will provide the essential requirements of communities while ensuring the very highest standards of living.

The two residential building will be handed over to customers in August thus offering 135 units in total including studios, one- and two-bedroom and one bedroom loft apartments ranging from areas of 485 sq ft to 2,000 sq ft.

Saleh Abdullah Lootah, the executive director of Lootah Real Estate Development, said: "We are pleased to announce the handover dates of the Waves and Ewan Residences new properties, an achievement that we take pride in as we always honor our on-time handover commitments to our clients."

"Each community offers a unique living experience and caters to a specific residential lifestyle, but what all our properties have in common is that they channel Lootah Real Estate Development’s culture of excellence and an unswerving commitment to provide the very highest standards of living without missing on affordability," stated Lootah.

"The demand in the real-estate market is shifting towards affordable homes, and we at Lootah Real-Estate Development understand this trend and aim to accommodate these requirements without compromising quality," explained the top official.

"We have a very positive outlook on the future of the property market, and we are committed to delivering unprecedented level of affordable luxury with premium finishing, amenities and high-quality construction," he added.-TradeArabia News Service