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20 April 2024

New project on sale in Downtown Dubai: Prices starting at Dh1m

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By Staff

A pre-launch presentation showcasing Burj Pacific, the latest high-end development in the Downtown Dubai area, is being held for local, regional and international investors over two days (September 14-15).

Situated less than 500 metres from Burj Khalifa, the 20-storey tower comprises 140 one-, two- and three-bedroom apartments and three-bedroom duplexes. The presentation, being held by Dubai-based real estate specialist Sherwoods Properties, is running at the Address Hotel Downtown Dubai.

Iseeb Rehman, CEO, Sherwoods Properties, said: “This a high quality development and with prices starting at just over Dh1 million for a one-bedroom apartment, Burj Pacific offers exceptional value for money, particularly when one remembers that it is located in the most sought after residential and business district in the region.”

With its distinctive L-shaped design, more than 60 per cent of the apartments have a view of the iconic Burj Khalifa, the property advisor said in a media statement.

The eight floors that make up the ‘Signature Residences’ feature fully-furnished, exclusive contemporary interiors by Tony Ashai. The California-based award-winning architect is no stranger to the UAE, having worked on innovative projects such as Dubai Lifestyle City, Shah Rukh Khan Boulevard in Ras Al Khamiah and the Santori Resorts.

“We are also offering a very attractive payment plan. After an initial booking deposit of 15 per cent, an additional 35 per cent is spread out over the construction period and the remaining 50 per cent balance is due upon completion of the project, which is scheduled for the second quarter 2016,” he added.

The Burj Pacific was designed by architects H-AO which was founded by Manoj H. Rathod, who’s working experience in Dubai encompasses a number of outstanding projects including the Marriott Marquis and the Grosvenor House hotel Dubai.

“Our bespoke, architect designed interiors are fashioned to attract the most discerning investors. The theme of this project is ‘Celebrate Life’, which is precisely what Burj Pacific represents,” said Parvez Khan, Chairman of Pacific Ventures the developer of Burj Pacific.

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