Aras Group launches first real estate project in Dubai
Aras Group, a land organization situated in Dubai, has reported the dispatch of its first land project in Majan under the name "Aras Residence" at an absolute expense of Dh75 million.
The Aras Residence project is the organization's first private undertaking in Dubai as the task incorporates an assortment of private choices crossing over a space of 17,000 square feet and an absolute structure space of 140,000 square feet.
The structure comprises eight stories that incorporate studios with huge regions beginning from 431 square feet, one-room lofts and a corridor beginning from 770 square feet, and two rooms and a lobby with a space of 1,300 square feet notwithstanding one condo situated on the eighth and last floor of the structure comprising of three rooms and parlor space of 2,443 square feet.
The structural plan of the structure is enlivened by an advanced style; wide windows neglecting the Al Barari region will be given permitting normal light to enter and to appreciate the magnificence of the green regions there.
Aras Residence is in an alluring vital area on Sheik Mohammed Bin Zayed Road and close to significant regions in Dubai. It is 4 minutes from IMG World, a little ways from Global Village, a short way from Downtown Dubai, and a little ways from Dubai Marina.
The task will give occupants a scope of a-list conveniences and offices including an exercise room, a pool, and a kids' play region, inside a green climate, a brilliant environment, and 24-hour security.
The studios and private lofts are recognized by their cutting edge and engaging plan, with wide spaces and attention on all subtleties, dealing with the entirety of a family's necessities as far as protection and extravagance, and to give a quiet and agreeable living climate.
"We are satisfied to declare the dispatch of Aras Residence, which addresses the primary undertaking of Aras Group in the private land area in Dubai. This comes because of the expanding interest in cutting-edge condos that mirrors our present system in creating projects. Through the Aras Residence project we are focused on updating the nature of private land for purchasers searching for an environment of a cutting edge way of life and an advanced plan," said Ashraf Mahmoud, administrator of the directorate of Aras Group.
"We began executing the task during the pandemic and we were certain that the monetary circumstance in Dubai would balance out so we were quick to proceed with work as indicated by the drawn arrangement," he said.
"Today, the undertaking finish rate has arrived at more than 50% and we are proceeding to work with the goal that the task is prepared for conveyance in the last quarter of 2021," he added.
Alaa Masoud, top of the Marketing Department at Aras Group said: "Today we report the launch of deals for the private units for Aras Residence project, our first land project, as we additionally opened our bank escrow represent the task that is endorsed by the Real Estate Registration Department for the Government of Dubai. After the culmination rate surpassed 50%, we additionally gave clients wishing to claim an extravagance property with simple installment plans of as long as five years after handover."
He called attention to that the responsibility for lodging units that are accessible for buy in the venture is freehold for all ethnicities as per the free proprietorship law in the UAE.
Inside the system of Aras Group's obligation to the prudent steps forced by the Health and Prevention Ministry, the organization welcomes clients wishing to visit the model condo to set an earlier arrangement and a business staff part will reach them and set up an arrangement so clients can be in the know regarding the most recent land activities of the gathering.
Source: Khaleej Times