Emaar to offer Burj Vista II on Saturday

Emaar Properties, Dubai’s largest developer, will commence sales of Burj Vista II, the second tower of the twin-tower development in Downtown Dubai, on Saturday, June 1.

Registered agents told Emirates 24|7 that the developer will be holding an exclusive preview of the project with its registered agents on May 27.

The 20-storey-high tower will have 120 luxury apartments. The developer said potential customers can register online for apartments from 10am on May 29, 2013, at www.emaar.com. The sales event will commence at 9am on June 1, on a first-registered, first-served basis.

Located on Mohammed Bin Rashid Boulevard, Burj Vista consists of two identically designed towers. The 65-storey tower, comprising 520 apartment, was launched in April with apartments selling for an average price of Dh2,000 per square feet.

Other amenities in the tower include a fully-equipped gymnasium, children’s play areas, multimedia hall, business centre, play room, lounge areas, swimming pool and kid’s pool, badminton and half a basketball court, relaxing reading areas and lushly landscaped areas.

Burj Vista will be completed in June 2017.

On May 18, Emaar, for the first time this year, skipped Dubai from the launch of The Address Residence Sky View II, which was held simultaneously in London, Doha and Riyadh.

Emaar Chairman Mohammed Alabbar has said that they would continue to launch new projects and properties on a regular basis.

“Emaar does launches every week, that’s our strategy. I see very strong demand for the middle and upper property markets, providing the flipping activity is controlled of course,” he said at the Global Business Forum Africa.

Deutsche Bank said earlier property prices in Dubai witnessed a 6.2 per cent growth in the first three months of 2013 with the real estate recovery continuing for 16 consecutive months.

Besides, Knight Frank’s first quarter 2013 Prime Global Cities Index revealed property prices in Dubai rose 18.3 per cent in the past one year (March 2012 to March 2013), with the emirate maintaining it’s position among the top five best performing real estate markets in the world.

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