Al Manal Development to deliver lakeside residence
- United Arab Emirates: Tuesday, September 18 - 2012 at 13:40
- PRESS RELEASE
Al Manal Development announces the completion and handover of its flagship Dhs300m residential project, The Lakeside Residence, in Jumeirah Lake Towers.
Juma Ahmed Majid Al Ghurair, Managing Director of Al Manal Development, commented, "We have witnessed a steady climb of property values that ride on a resurgence of trust in the real estate market by the customers. With the future bright, the Dubai property market remains lucrative to local and international investors, and we are pleased to be able to handover during these exciting times."
The upscale project also boasts an infinity pool and a high tech gym equipped by Technogym equipment, along with a multi-purpose room that the residents can use for their events.
The ground floor caters to a retail area connected with the tower, in addition to ample parking for visitors along with allotted spaces for residents in the 4-level basement parking.
Also made available are prayer room facilities for both men and women that are easily accessible by residents, neighbours and the general public.
The residence also includes an electronically monitored security system, high-speed elevators, American-style kitchens, ensuite bathrooms, built-in wardrobes, high-end ceramic tiling, ambient lighting and a balcony in every apartment.
To date, 80% of the freehold project has been sold, with the rest owned directly by the property developer.
"From day one, we have been committed to delivering exactly what we promised, which is nothing but the highighest in standards. This steady progress has allowed The Lakeside Residence to make its debut just as the metro line has become well established, roads are connected and the master developer has finalised the promenade and lake construction that in turn transforms the views from surrounding buildings into awe-inspiring," he added.
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