Iman Developers, a prominent luxury residential developer in Dubai, has revealed that all units in Oxford Terraces, their upscale apartment complex situated in Jumeirah Village Circle (JVC), were completely sold out within just one hour of being available on the market. This unprecedented demand underscores the significant attraction of high-end living spaces provided by Iman Developers. Valued at Dh72 million, the residential development project commenced construction in 2022 and is now initiating the handover process to residents. The development features 117 units, including a variety of 58 studios (410 sq ft), 51 one-bedroom apartments (710 sq ft), and eight two-bedroom apartments (1050 sq ft), offering a mix of contemporary design and practical living spaces tailored to modern urban lifestyles. The project covers a plot size of 30,000 sq ft with a beautifully landscaped area of 17,000 sq ft.
Ismail Marfani, CEO of Iman Developers, expressed his excitement about the handover, stating, "The handover of Oxford Terraces marks a significant milestone for Iman Developers. This project embodies our dedication to innovation, sustainability, and the creation of exceptional living spaces. The overwhelming response we have received reinforces our commitment to these values, and we are confident that Oxford Terraces will provide residents with a unique and enriching living experience that aligns with our core values and long-term vision." Oxford Terraces has demonstrated to be a remarkable investment for buyers. Despite initial pricing above the market average due to its superior community features and high-quality finishes, the value of these units has significantly appreciated. For example, units initially purchased for Dh450,000 are now valued at Dh720,000, showcasing a robust return on investment and the enduring appeal of our developments.
The newly completed Oxford Terraces is equipped with state-of-the-art amenities designed to offer residents a luxurious and comfortable living experience. The development includes a fully integrated gym, ensuring residents have access to top-notch fitness facilities without leaving the premises. Seamless documentation services simplify the buying process, making it hassle-free for new homeowners. Community engagement features foster a sense of belonging and camaraderie among residents, creating a vibrant and inclusive neighborhood. In line with Iman Developers' commitment to sustainability, Oxford Terraces incorporates green building initiatives that minimize environmental impact and promote energy efficiency. The landscaped areas are thoughtfully designed to enhance aesthetic appeal while providing serene spaces for relaxation. Additionally, residents can enjoy a variety of recreational facilities, including a rooftop infinity pool, leisure pool, and yoga area. These amenities cater to diverse lifestyle needs, ensuring that every resident enjoys a well-rounded and fulfilling living experience.
The project was honored with two prestigious awards from Arabian Property: 'Best Apartment/Condominium in Dubai' and 'Best Smart Home in Dubai'. These awards highlight the development's exceptional design, innovative features, and commitment to high-quality standards. As Iman Developers continues to set new benchmarks in the real estate industry, the commitment to delivering exceptional living spaces that enrich the lives of residents and contribute to the vibrant community of JVC remains steadfast.
