- Branded residential apartments testament to Vincitore Real Estate’s commitment to offer European architectural landmarks
- AED 68 billion of real estate deals in the first 53 days of 2016
Vincitore Real Estate Development LLC has officially made its debut in Dubai’s continuously growing real estate industry with the recent launching of its landmark flagship project – Vincitore Palacio, branded and exclusive residential apartments being developed to set new standards of excellence, quality, and style in the local high-end property sector. In an event held yesterday (Monday, April 11, 2016) at the Palazzo Versace Dubai, Vincitore Real Estate formally announced its presence in the Dubai market by unveiling the grand Vincitore Palacio located at the heart of New Dubai in Arjan, Dubailand.
The launching of the freehold premier property has successfully positioned Vincitore Real Estate as the foremost developer of modern-day architectural landmarks, effectively setting it apart from the rest of its competitors by having a conventional price.
Vijay C. Doshi, Founder and Managing Director, Vincitore Real Estate Development LLC, said: “Vincitore Real Estate is a boutique real estate development committed to introducing the new-age concept of 'branded quality real estate at value par excellence '. Our three pillars - Quality, Style and Functionality help us create this ‘niche’ segment. “Quality” is not an option and hence TUV Nord, Germany (ME) has also been appointed for stringent quality inspection. “Style” sets us apart from the crowd and so every need is catered in style to give you a sense of class that represents our identity. Functionality represents where each unit and amenities are engineered, designed and crafted meticulously for maximum utilization of space. Additionally, our current and future developments reflect our main goal of significantly contributing to Dubai’s thriving property market to further bolster quality standards and industry growth.”
“The stylish Vincitore Palacio is a clear testament to Vincitore Realty’s commitment to Quality Real Estate. With the construction currently ongoing, this soon-to-rise topnotch property development will include state-of-the-art facilities and other amenities that will further enhance the cosmopolitan lifestyle and experience of our customers. We aim to attract local, regional and foreign investors seeking to purchase quality apartments at value price” added Vijay.
With Dubai Properties LLC as master developer for Arjan community, the exclusive flagship project of Vincitore at Arjan seamlessly has branded high quality and a stunning European architecture. Vincitore Palacio will include 175 residential units composing of spacious studios, elegant one-BHK (bedroom, hall and closed kitchen) and ensuite two-BHK apartments.
Vincitore Palacio will boast of topnotch amenities such as sophisticated double-height lobby, ornamental façade, custom-designed elevators, 60-foot temperature controlled swimming pool, sunlit gymnasium with steam and sauna measuring over 3,000 square feet, landscaped garden, built-in kitchen and wardrobe, fully fitted bathroom with meticulously selected accessories, water fountain, round-the-clock secured access with video intercom, and a sun deck for each apartment. True to Vincitore Real Estate’s commitment to environmental sustainability, Vincitore Palacio will also feature water-efficient facilities to save up to 7.2 million gallons of water yearly as well as employ energy-saving mechanisms by installing LED lights and a central gas system.
GRC (glass fibre-reinforced concrete) will be utilized for its external finishing as well to add to its unique features. Located near the proposed community center and Citycenter by Al Futtaim Group, Vincitore Palacio is scheduled to be completed by August 2017.
The launching of the flagship project comes at a time when Dubai’s property market is projected to witness a growth trajectory in spite of the many challenges this 2016. According to a report released by international auditing network KPMG, Dubai’s improved regulatory environment, broader investor profile, and increased maturity will help drive local market development.
According to a recent study, developers and analysts are optimistic that the transactions in Dubai’s real estate market are growing and the state of the market is in line with expectations. The report also highlights the fact that the transactions are increasing in the end-user market.
These findings support the data released by Dubai Land Department recently showing more than AED 68 billion of deals was struck in the first 53 days of 2016. The Department predicts a total AED 300 billion (USD 81.6 billion) of transactions over the course of the year.
Vincitore Palacio is among the pioneering projects of Vincitore Real Estate, in addition to the upcoming development of approximately one million square feet of property covering three major projects in Dubailand, among others.
