Lootah Real Estate Development breaks ground on second-phase of Shamal Community
Following the completion and handing over of the first-phase of Shamal Community, Lootah Real Estate Development, a high-end real estate developer in the UAE, broke ground for the second-phase of Dh350 million Shamal Community development project located in Jumeirah Village Circle.
The ground-breaking ceremony was attended by top executives of Lootah Real Estate Development, Arif & Bintouk, Consulting Architects and Engineers of the project and officials from the main contractor.
Saleh Abdullah Lootah, Executive Director of Lootah Real Estate Development, while commenting on this occasion, said: “overall UAE real estate business outlook reflected highly positive market sentiment due to investor friendly regulations introduced by the UAE regulator. We are delighted that Lootah Real Estate Development has garnered the trust of investors and is placed among the top developers of Dubai. We thank our rulers for our success, which is due to their futuristic vision and launch of world class mega projects that have transformed Dubai and UAE to an attractive destination for regional and international investors to live and set up business here.”
Master-planned by Nakheel, Jumeirah Village Circle is a family-friendly development designed to provide a sense of community life where residents of all ages enjoy and relax. Being at the heart of Dubai and between two major highways – Sheikh Mohammed Bin Zayed and Al Khail roads, Shamal Community residents have ease of moving around the city and other emirates of UAE. For business community and working classes, Shamal Community is an ideal location to reach offices and meetings on time.
The new phase of Shamal Residences has a calmer, quieter and safer living environment with the fourth floor having duplex type lofts with two levels, lower floor is for living/dining and kitchen and the upper floor is for bedroom.
Khalid Nabil Arif, Senior Director at Arif & Bintoak Consulting Architects and Engineers,said: “We congratulate the whole team of Lootah Real Estate Development on achieving the milestone of completion and handover of first-phase of the Shamal Community. We feel honoured that we have fulfilled our commitment of delivering quality that propels our courage to show even higher standards of work. We thank Lootah Real Estate for a seamless professional cooperation to complete all phases of work on time.”
With an overall project cost of AED 350 million ($95 million), the total size of Shamal Community area spans over 147,000 Sq Ft. The second-phase of Shamal Community is called Shamal Residences, an ideally located magnificent cluster of 1024 residential units that include 792 studios and 232 lofts. The average size of each studio apartment is from 650 to 769 sq ft. The size of each loft is 1100 sq ft.
The second-phase of Shamal Community is scheduled to be completed by June 2016.
Additional Information – Shamal Phase Two Features:
From the moment one steps into his home at Shamal Residences he feels that everything is designed to a specific lifestyle. This is because of a thorough research behind it, and an understanding of modern trends and requirements of communities.
The features of the second-phase of Shamal Community include: the external façade creating a commanding expression with its glass railing, glazing, aluminium doors, windows and louvers; the beautiful porcelain tiles and granite counters add color and verve to the pantry; functionality meets great style in bathrooms that are fitted with world-class bathtubs and vanity counters; the solid walnut veneered doors bring in some old world charm; lighting, painting and ceilings are done keeping in mind dwellers’ needs and tastes. A magnificent swimming pool, a fully equipped gymnasium and a sauna are available to make your living an enjoyable experience.