KM Properties to start selling Mediterranean apartments

Both projects are being developed by Nakheel, a leading property developer in the UAE and the region.

KM Properties, a subsidiary of Al Rostamani Enterprise, is a full-fledged real estate company with a portfolio of residential, commercial and freehold properties. KM Properties' range of services include property investment, management of completed projects, evaluation and inspection, retail and consultancy, maintenance and interior design, personal and business storage, special needs design for the elderly as well as financial and legal advice. According to Mr Mohammad Haddad, CEO KM Properties, "As a result of the trust and successful sales achieved at International City, we felt it was timely to start selling the Mediterranean Apartments. We owe this success to our strong sales team coupled with an aggressive sales campaign and will demonstrate the same vigor when marketing the properties at the Mediterranean."

The Mediterranean apartments are the latest project available at the Discovery Gardens, a residential community located between Sheikh Zayed Road and Emirates Road. Comprising multi-sized apartments, this unique residential project features inventive landscaping with themes ranging from Zen, Mediterranean, Contemporary, Cactus, Mogul and Mesoamerican.

Apartment prices range between AED 580,000 for one bedroom unit to AED 425,000 for a studio unit. However, with the strong demand for property and raising premiums, the unit prices have increased significantly. According to Mr Mohammad, "Apartment prices have increased by AED 40,000 and as a result premiums have also gone upwards. This further establishes the high net worth of the Mediterranean residential units with buyers willing to pay higher premiums on home ownership. We encourage investors to make their bookings soon as this is a much sought after property development in addition to being good value for money."

KM Properties has created a "Property Investment System" designed to help investors understand the benefits of property investment, both for short term and long term. This investment scheme is applicable to all investors irrespective of the investment value or investor's income.