Indian developer’s first real estate project in Dubai sells out 50% during grand opening

by Staff Reporter
Avant Garde Residences

In a landmark event, Skyline Builders, Kerala’s renowned real estate developer, marked a historic milestone with the grand unveiling of its inaugural project in Dubai – Avant Garde Residences.

The event coincided with the opening of the Dubai headquarters in Downtown Dubai and witnessed an extraordinary achievement as 50% of Avant Garde Residences was sold during the grand opening.

With a legacy of 158 successfully completed projects and over 16 million square feet developed in the last 35 years in India, Skyline Builders introduced Avant Garde Residences, its inaugural project in Dubai, strategically positioned in JVC, Dubai’s top community for real estate sales in 2023. This project features 172 meticulously designed apartments, including Studios, 1 and 2-Bedroom units.

Avant Garde Residences

Anticipated to be completed by 2026, Avant Garde Residences presents an investor-friendly payment plan, with only 1% due monthly during the construction period. The starting price of Dhs625,000 for a Studio Apartment has already sparked keen interest, offering excellent value for money in Dubai’s real estate market.

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KV Abdul Azeez, Chairman, and Managing Director at Skyline Builders, said: “Skyline’s vision for the future naturally gravitated to Dubai. The city’s progressive leadership and relentless pursuit of excellence have propelled the Emirate to become a leading international business and tourism destination. Dubai attracts global talent to its harmonious community, and we hope to become a part of Dubai’s exciting future.”

Skyline Builders

To commemorate this historic milestone, Skyline Builders has also inaugurated a stunning show apartment for Avant Garde Residences in its Dubai headquarters in Downtown Dubai.

Spanning over 300,000 square feet, the tower features more than 22 lifestyle amenities, including a health club, infinity pool, game room, and a children’s play area. The contemporary design, inspired by the Arabian desert and Gulf, combined with European interior influences, promises a vibrant, self-sufficient community with world-class features and amenities.

During the office grand opening in Dubai, an impressive 50% of Avant Garde Residences has already been sold, highlighting the strong demand and positive reception from the discerning Dubai real estate market.

Nearly all of the 2-Bedroom apartments have been booked due to their spacious areas in contrast with the market average in JVC.

tanvir@dubainewsweek.com

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