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- 47% of construction work on the new buildings completed
- Expected handover of the new development is Q1 2018
Lootah Real Estate Development, one of the region’s prominent modern real estate developers, today announced the completion of 47% of the construction work on three new G+2 residential buildings within the Ewan Residences community. The AED 500 million residential property launched in 2006 will now feature new additions to its residential buildings portfolio.
Ewan Residences is a unique family development designed specifically to meet the residents’ suburban needs, while offering a secure and gated community with beautifully landscaped gardens, a state-of-the-art recreation centre, swimming pools, jogging tracks and facilities that include a shopping centre and play areas for children throughout the community.
Saleh Abdullah Lootah, Executive Director of Lootah Real Estate Development said: “When we unveiled Ewan Residences just over ten years ago, it offered investors and residents an unprecedented level of affordable luxury with premium finishing, amenities and high-quality construction. And due to the high demand and positive feedback we’ve received throughout the past decade we decided to expand and enhance this community by adding 3 new residential buildings with contemporary design and premium quality without missing on affordability”.
“By Q1 2018, the Ewan Residences community will welcome new residents and investors, offering them 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” he added.
In April 2017, Ewan Residences underwent significant refurbishments including enhanced recreational facilities, new retail options and community gathering areas to maintain the competitive and attractive features of the community.
More information about Lootah Real Estate Development can be found at www.lootahdev.com.
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About Lootah Real Estate Development:
Since the inception, Lootah Real Estate Development has acted as the pioneering real estate development arm of Lootah Holding. Through a culture of excellence and an unswerving commitment to provide the very highest standards of living, Lootah Real Estate Development’s employees have not only achieved, but exceeded, the most ambitious goals. Already over 1,000 units have been delivered to satisfied occupants, with many more planned for the future.
Lootah Real Estate Development successfully launched Ewan Residences in Dubai Investments Park and Shammal Terraces in Jumeirah Village Circle. Ewan Residences, comprises 85 buildings with up to 12 apartments in each block. The apartment blocks have been designed in a unique manner to make them suitable to own or rent. Ewan Residences is a secure, gated community with beautifully landscaped gardens, a state-of-the-art recreation centre, swimming pools, jogging tracks, and community facilities that include a shopping centre and play areas for children throughout the community.
Recently, Lootah Real Estate Development handed over its new freehold project to numerous proud buyers. The project comprises 259 studios and 1 bed loft apartments. This aesthetically appealing landmark offers a superlative swimming pool, state-of-the-art gymnasium and an invigorating sauna. Winner of the prestigious International Real Estate Award, 2016, Shamal Residences features exceptionally high quality construction, imaginative interior design and a charm and ambiance of its very own.
For further information, please contact:
Dina Bajjali
ASDA’A Burson-Marsteller
Email: Dina.bajjali@bm.com
T: +971 4 4507600
