MAJID Developments launches 1st project in UAE

UAE– Mubasher: MAJID Developments entered Dubai’s real estate market with the launch of Mayfair Gardens, a residential community building in the Emeriti City, according to a press release.

In line with its planned pipeline of five luxury projects and with investments exceeding AED 500 million by 2025, the company aims to redefine modern sophistication and luxury living.

The new eight-storey freehold community building encompasses 64 apartments, including 24 studio and 40 one-bedroom apartment units featuring spacious living areas and elegant interiors.

Mansoor Majid, CEO of MAJID Developments, said: "We are excited to launch Mayfair Gardens as our first development project in the UAE, MAJID Developments has experienced significant growth in recent years, we have consistently demonstrated our ability to deliver high-quality projects that not only meet but exceed industry standards.”

The groundbreaking for Mayfair Gardens took place on 28 August 2024 and the completion is scheduled in the second quarter (Q2) of 2026.

Mustafa Majid, Chief Operating Officer at MAJID Developments, commented: "Dubai's real estate market has been growing rapidly over the last three years, and we felt it was time for us to establish a strong base in this market, which is expected to continue its growth trajectory for many years to come.”

Mubasher Contribution Time: 05-Sep-2024 08:19 (GMT)
Mubasher Last Update Time: 05-Sep-2024 08:19 (GMT)