Gemini Property Developers commences handover of Dh300 million ‘Splendor project’
Following the rapid construction and on time completion of Dh300 million residential project at Sobha Hartland within the Mohammed Bin Rashid City, Gemini Property Developers at Cityscape Dubai 2018 announced that it has started handing over its maiden project and buyers have started moving in. The G+8-storey residential building spans over a built-up area of over 320,000 square feet, which includes 134 residential units comprising spacious one, two and three-bedroom apartments, penthouses and townhouses equipped with state-of-the-art amenities.
Gemini Property Developers, a boutique real estate developer based in Dubai, started Splendor construction in 2016 which houses units ranging from 780 square feet to 3,400 square feet. The community where Gemini Splendor stands has a comprehensive retail, shopping and entertainment facilities, along with plenty of green spaces.
Sudhakar Rao, Chairman of Gemini Property Developers, said: “Despite high competition and challenging times in Dubai’s real estate sector, we are delighted that we are able to fulfill on-time construction commitment to our investors. It is a big day for us. Since Gemini is a customer-focused developer, it gives us immense pleasure to see that our first buyer has already moved in last month and happily living in the apartment with his family.
Mr. Abdullah, a buyer and resident of Gemini Splendor in MBR City, after moving in commented: “I am grateful to Gemini team that helped in arranging speedy handover process and shifting to my apartment. Since it is our first experience having an apartment in Dubai, we are super excited to be in a high-end Sobha Hartland community in Mohammed Bin Rashid City. The view from 7th floor is amazing and location most convenient.
The Splendor at MBR City project is located at the center of Sobha Hartland – a brand new mixed-use development located between Al Khail Road and Meydan – and is close to the downtown of the future – the massive mixed-use project that has become a major destination. The project will border Meydan One on one side, MBR city – District One on the other and Meydan Grandstand at the backdrop.
29-Storey Symphony project at Business Bay
At Cityscape Dubai 2018, the developer is also exhibiting the new 29-storey ‘Symphony’ project in Dubai’s Business Bay. The project is the second of a series of high-end luxury residential projects planned by the developer, after the 100 per cent completion of their debut Splendor at MBR City project in Sobha Hartland community. Off-plan sales in the project have not yet started.
Gemini’s Symphony project has a built-up area of 702,000 square feet. Symphony apartment units range from 430 square-feet to 2900 square-feet. It will house 455 residential apartments that include studio, one, two and three-bedroom flats. The residential project will be equipped with state-of-the-art amenities – smart home technologies, gym, yoga lawn, swimming pool, rooftop BBQ, jogging track, kid’s play area, retail stores, much-needed green open spaces and concierge services for the residents.
The ground-breaking and construction have already been commenced that is slated for completion before the historic Expo 2020 which begins on October 20, 2020.
Sudhakar R. Rao, Managing Director of Gemini Property Developers, said: “Dubai’s upward market trend has given us enough reason to launch new projects. Due to growth of non-oil economy, Expo 2020 and other mega developments, we foresee the market to remain on this upward trajectory of sustained growth.”