Home Real Estate Why residents of this luxury building will be chosen through auction in Dubai

Why residents of this luxury building will be chosen through auction in Dubai

by Staff Reporter
Published: Last Updated on
Alphabeta Properties M77 residential project

Alphabeta Properties, a leader in innovative real estate development, has announced the launch of its highly anticipated residential project, M77, located in the prestigious Meydan Avenue, Nad Al Sheba.

This exclusive development marks a new era in luxury living, offering a limited number of meticulously crafted residences.

Alphabeta Properties M77 residential project

What sets M77 apart is the groundbreaking approach to resident selection. Unlike conventional rental procedures, M77 will determine its residents through an invite-only auction, a pioneering concept in Dubai’s real estate landscape. This innovative process adds an element of exclusivity, ensuring that those who call M77 home are part of a curated community.

Alphabeta Properties M77 residential project

Abdulla Al Shaibani, founder of Alphabeta Properties, commented, “M77 is not just about living; it’s about creating an unparalleled lifestyle. The auction mechanism reflects our commitment to fostering a community of like-minded individuals who appreciate the exceptional quality of living that Alphabeta Properties offers.”

Luxury redefined: 77 apartments in Dubai

M77 comprises 77 apartments, each showcasing Alphabeta’s signature blend of captivating layouts and high-grade finishes. The building boasts first-class facilities with breathtaking views of Downtown Dubai. The amenities include:

  • Prime location, adjacent to an open green area
  • Easy access in and out
  • Burj Khalifa and Meydan Hotel views
  • Two lobbies, 4 elevators
  • Full-floor gymnasium
  • 50-meter Olympic-sized pool, heated and chilled
  • Separate male/female changing rooms
  • Private allocated parking
  • Additional basement parking
  • Smart keyless entry system

M77 apartments prices

1 Bedroom Apartments

  • Sizes: 900 – 1,650 sqft
  • Starting rental rates: Dhs105,000 – Dhs150,000

2 Bedroom Apartments

  • Sizes: 1,800 – 2,000 sqft
  • Starting rental rates: Dhs215,000 – Dhs260,000

3 Bedroom Apartments

  • Size: 2300+ sq ft
  • Starting rental rates: Dhs250,000 – Dhs350,000

Each apartment features a store/laundry room in addition to a semi-equipped kitchen including a dishwasher, oven and stove.

Luxury living at M77

M77 serves as the gateway to Alphabeta Properties’ exclusive portfolio, embodying the commitment to redefine luxury living. Residents at Alphabeta will experience a lifestyle unparalleled, where architectural excellence seamlessly integrates with a curated community.

The invite-only auction introduces an element of prestige, transforming M77 from merely a residence into a coveted community to truly belong to.

tanvir@dubainewsweek.com

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