Page 40 - Magazine October 2021

Properties
Prescott Real Estate launches new $38mn
residential development in Al Furjan
Prescott Real Estate Development has announced the Location, and Prime Privileges. Our latest project is
launch of a new residential project in the Al Furjan no different. We are committed to making affordable
community in Dubai. The $38m Prime Residency III luxury living possible for everyone. We look forward
will feature 292 luxury apartments split between to welcoming new residents as they find a place
studios and one-bedroom units. to call home, and lay down their roots,” said CEO
According to a statement, the development is Muhammad Shafi.
designed to bring together the unique concept of The developer notes that it will be the first to bring
engaging amenities and facilities under one roof to the smart homes design concept to Al Furjan. The
continue the group’s legacy in Dubai. The project’s modern, smart-homes are said to offer a great blend
unique design concept and community living of affordability and luxury, which the developer says
experience make it the perfect choice for first-time makes them the best choice for anyone who wants to
homebuyers looking to build or raise a family, and partake in Dubai’s lifestyle.
investors, it stated. In addition to key amenities such as a swimming pool,
“Our focus has always been to create unparalleled kids’ pool, and gym, the project offers a residents’
living experiences for our customers. All of our lounge for casual meetups and get-togethers, a
projects adhere to three foundational pillars that are rooftop garden, and a tastefully crafted outdoor
the cornerstone of our success: Prime Quality, Prime sitting area, the statement concluded.
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Contractors News
Muweileh Community Phase1
launched by Al Thuriah Properties
Al Thuriah, one of UAE’s reputed names in the real in time for its scheduled full handover on Q4 of 2021.
estate sector, has recently launched Muweileh This project is a joint venture between Al Thuriah and
Community-Phase 1, the first of the multi-phase Bank of Sharjah which began construction in 2020.
project in the suburb area of Muwaileh, Sharjah. The Muweileh Community - Phase 1 comprises of 8
project is designed to be the newest ideal destination residential buildings with two distinct designs (Design
for modern academic living. A for corner plots and Design B for inner plots) each
As one of the premier real estate companies in Sharjah, consisting of aground floor, 2 parking floors and 5
Al Thuriah has earned its stature for quality of build, residential floors with 11 units per floor. Apartment
modern and innovative approach, and exceptional types include studio, 1, 2 and 3 bedrooms, for a total
customer service. It has been a long-established of 440 residential units.
business that has been in the industry for an impressive It also holds a Community Center that offers an
25 years offering its full integrated services with its extensive range of restaurants, cafes and social
five divisions: Properties, Construction, Interiors, facilities. The Community Centre is composed of a
Leasing and Facilities Management. leasing office, 24-hr facilities management office,
Some of Al Thuriah’s valuable projects include the separate floors of state-of-the-art ladies’ and men’s
recently completed waterfront building Sunset Tower gyms, a full floor of study halls that can accommodate
in Al Mamzar, Sharjah, the bordering 6-tower Sahara group studies and a spacious common area to host
Complex in Al Nahda, Pearl Tower, Al Ikhlas Tower and gatherings and events. A modern rooftop swimming
the chain of Future Towers in Al Khan, the multi-storey pool is also built for added relaxation and an
offices of Petrofac 1 and 2, and the ongoing projects uninterrupted view of Sharjah’s skyline.
La Plage Tower in Al Mamzar, Sharjah, and Future The company believes promising economic conditions
Tower 4 in Al Khan. in the area and will bring in more demand for housing
As part of Al Thuriah’s continuous offering of options. Muweileh Community is up for the challenge
comfortable living, Muweileh Community-Phase 1 and will be working in full swing to utilize the conditions
recently opened its doors to prospective residents, just to the fullest.
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