Citi Developers, a global leader in real estate development for over a decade, has unveiled its latest project, Allura Residences, in Jumeirah Village Circle. The project, with an estimated cost exceeding Dh300 million, is set to be completed and handed over to customers by the second quarter of 2027. "The payment plan is highly attractive, requiring only 1% per month until delivery," stated Othman Tariq, Director of the Sales Center at Citi Developers.
Tariq emphasized that Dubai has solidified its position as a top global destination for real estate investment. "We are committed to developing more projects here. We plan to stay, God willing, due to the robust support from Dubai’s government for developers and other stakeholders, especially customers who feel secure when investing in properties in the city. They trust not only the developers but also Dubai itself, knowing their funds are safe in national accounts. This was not the case a decade ago, but now the market is highly stable and poised for growth, aligned with Dubai’s master plan. The population is expected to double in the coming years, indicating a continuous demand for residential projects. We are dedicated to creating high-quality projects at affordable prices, making it easier for customers to invest. This is our commitment to investors partnering with us," he explained.
"Customers are highly astute; they understand that regardless of global economic challenges, Dubai remains the ideal place to safeguard their investments." Allura Residences will boast the largest lobby, approximately 8,000 square feet, in Jumeirah Village Circle, featuring a dedicated business center. Residents will enjoy concierge services, allowing them to book amenities such as a private cinema, clubs, restaurants, and hotels across Dubai. Valet parking services, a first for a residential building in Jumeirah Village Circle, will also be available, elevating the standard of living in the area.
Tariq added, "We successfully completed a previous project that sold out in just four months. We will continue to launch more projects, and Allura Residences stands out as a unique offering. It includes a ground floor, five parking levels, and 29 floors with a private business center. Additional amenities feature two swimming pools, and every two- and three-bedroom apartment will be situated at a corner with a private pool. These features are unprecedented in previous projects in Jumeirah Village Circle. We also provide clients with the option to purchase fully furnished apartments. A model apartment is available at our sales center to offer a comprehensive customer experience."
