(MENAFN- Mid-East.Info) Dubai, United Arab Emirates: LUXHABITAT Sotheby's International Realty, a record-breaking real estate company has won the exclusivity to lead the sales of Uptown Tower & SO/ Uptown Dubai Residences. Uptown Tower, one of the most awaited and promising properties in Dubai, is also the first complex to be launched in the new, premium district of Uptown Dubai, by DMCC.
Part of the iconic tower designed by Adrian Smith and Gordon Gill Architecture, SO/ Uptown Dubai is the first SO/ project to open in the Middle East.
It is another edition to LUXHABITAT Sotheby's portfolio, a company with a proven track record of handling the sales of several branded residences in the UAE and the wider GCC market.
“With the successful management and delivery of optimum results of the sale of multiple five-star iconic branded residences, LUXHABITAT Sotheby's has cemented its position as the go-to company for real estate developers in the region. We are proud to collaborate with DMCC to spearhead the sales of SO/ Uptown Dubai Residences in Uptown Tower,” said George Azar, CEO of LUXHABITAT Sotheby's International Realty.
“In 2022, branded residence sales grew by 36% in the prime residential market, indicating positive investor interest. The market is very positive and so are the investors, the addition of another iconic tower to the Dubai skyline will drive both new and existing investors further into the market and strengthen Dubai's position on the world map”, added George.
Spearheading the development sales on behalf of LUXHABITAT Sotheby's International Realty, is its newly appointed Director of Project Sales, Seran Gheorghe, whose 18-year career history in luxury real estate includes the successful sale of the W Residences Palm. Georghe will be responsible for introducing clients to the exclusive range of one, two and three bedroom apartments along with duplexes and penthouses available in the tower, starting from AED 1.7 million.
The 227 ultra-exclusive residences, which take up the top 28 floors of the tower, are part of the vibrant SO/ brand by Ennismore, a joint venture with Accor. They will offer residents a remarkable standard of living surrounded by five-star hospitality amenities such as a residents' lounge, a private cinema, gym, an indoor swimming pool, round-the-clock residence concierge and other five-star services, as well as eligibility for Diamond membership, the highest published tier of Accor Hotels' loyalty programme“Live Limitless” conferring VVIP status at the global level.
According to the analysis by Dubai Land Department and LUXHABITAT Sotheby's International Realty, the branded residences received the strongest growth and market share in the Dubai prime residential market in 2022. The market share of branded residences increased sixfold in 2022 compared to the previous year.
An iconic addition to Dubai's skyline:
DMCC's Uptown Tower is the first building to be completed in this brand-new lifestyle destination and will include exclusive retail, commercial, and hospitality outlets as well as a limited number of private luxury residences offering 360-degree views. .
Uptown Tower was designed by world-renowned architects Adrian Smith and Gordon Gill Architecture (AS+GG). Spanning 81 storeys, the tower is styled to mimic the brilliance of diamonds and effortlessly enhance the flow of natural light within the structure with its fully glazed façade and high ceilings. Considered to be an architectural marvel in its own right; Uptown Tower rises 340 meters and offers uninterrupted views of the Dubai skyline, Ain Dubai and the sea. Inside the tower, there is a 188 key five-star luxury hotel, over 46,000 sqm of Grade A office space, and 227 signature branded residences, not to mention a host of additional amenities including delicious restaurants, exclusive shops, and a variety of leisure outlets.
About LUXHABITAT Sotheby's International Realty:
Headquartered in Dubai, LUXHABITAT Sotheby's International Realty focuses on residential and commercial luxury sales and leasing, luxury property management, institutional investments, and luxury project developments in the UAE and beyond. LUXHABITAT Sotheby's International Realty is the biggest and strongest marketing and selling platform for luxury real estate in Dubai, making us the foremost luxury real estate brokerage in the market today. We are focused on sourcing the best quality properties in premium residential areas such as Emirates Hills, Palm Jumeirah, Jumeirah Bay Island, Downtown Dubai, Dubai Marina, Jumeirah, and MBR City as well as the best apartments and penthouses in upscale buildings such as Four Seasons Residences Jumeirah, Mr. C Residences, Index Tower, W Residences, One Palm, The Address Residences, and One & Only private homes among others.