UAE's GGICO announces the start of handover of Topaz Residences by the end of 2017

Topaz Residences Tower 2, the most premium of the Series is over 50% complete with the handover scheduled in Fourth Quarter of 2018.

  
UAE's GGICO announces the start of handover of Topaz Residences by the end of 2017
As Topaz Residences by Gulf General Investment Co. PSC (GGICO) in Dubai Silicon Oasis is towering up to add charm to the spectacular skyline of Dubai, the buyers and investors have more than one reason to look forward to the new year.

Topaz Residences Tower 1, after having sold out all units, are handing over its most awaited one-bedroom apartments starting this end of 2017. While, Topaz Residences Tower 2, the most premium of the Series is over 50% complete with the handover scheduled in Fourth Quarter of 2018 and Topaz Residences Tower 3 is 75% complete with the handover scheduled in Third Quarter of 2018.


Topaz Residences Tower 2 is offering premium and spacious 1000 sq.ft. (average) one-bedroom apartments for just AED 691 per sq.ft. - the lowest per-square-feet rate in Dubai Silicon Oasis. The total apartment value is AED 708,695 with an EMI option of AED 1,750 per month. It also comes with an equally practical payment plan of 40% payment during construction and 60% over 3 years. Those interested can make a reservation by paying just AED 74,262.

Topaz Residences Towers are high-rise residential buildings that feature stylish and spacious one-bedroom apartments, complete with all the modern-day amenities. All the three towers span a total built-up area of 697,924.47 sq.ft. housing 448 apartments, offering a brilliant fusion of inspired design and unmatched comfort to ensure a refined well-being for individuals and families.

Topaz Residences is the newest addition to an extensively spread premium residential offering by GGICO in Dubai Silicon Oasis. Totaling up the existing projects by GGICO which include Axis Residences, Platinum Residences, and the in-progress Topaz Residences project, GGICO holds 34% of the total residential projects in Dubai Silicon Oasis, in comparison to other real estate companies.

Talking about the growth and progress, Mr. Mohammad Harib Fadhel Almazrooei, Managing Director of GGICO said: “I am delighted to see our plans of offering premium yet affordable quality living unfold just as we had envisioned. GGICO’s sweeping presence in Dubai Silicon Oasis is a befitting decision as the community is thriving with outstanding facilities, and services. It is a great community to live and work for those looking for the right balance of quality and affordability.”

Dubai Silicon Oasis (DSO) is a prospering community with exceptional lifestyle facilities delivering both comfort and convenience. It offers residents and visitors an excellent range of outstanding technology, facilities, and services. In fact, Dubai Silicon Oasis Authority (DSOA), the governing body for Dubai Silicon Oasis, has recently started with its plans in developing the Smart City Program.

Gulf General Investment Co PSC 

Established in 1973, GGICO is a conglomerate listed publicly in the Dubai Financial Market, with widely diversified activities in real estate, retail, hospitality, financial services, manufacturing and services. GGICO’s business model is dynamic and in line with the GDP model of Dubai. With a vision to become one of the most valued companies in the UAE, GGICO places great emphasis on quality in every aspect of the group’s various businesses. This focus stems from the belief that success is a journey, not a destination. With prudent expansion strategy and customer service GGICO is continuing on its journey of success.

© Press Release 2017