Renowned UAE-based real estate developer, Reportage Properties, has started construction work on its new project, Verdana. The project will consist of 305 townhouses and will be situated within close proximity to the Green Community in Dubai.
The wide variety of benefits, features, and high-quality services that the properties have to offer has drawn significant demand to the project since it was placed up for sale around three months ago. The features include private balconies, bedrooms with pre-fitted wardrobes, a laundry room, a maid’s room, a double-height living room, and private parking with a private entrance. Ranging in size from 2,772 to 3,394 sq ft, each townhouse will also come with a private elevator – the first of its kind being offered in the UAE.
Equally, the 500,000-square-foot Verdana project has a variety of amenities and services, including a gym, swimming pools, private parking for every apartment, and a sizable green space.
With the project standing in an unrivaled position at the heart of Dubai, it was designed to accommodate both fast-paced and slow-paced lives. But it also serves as a community of both vibrancy and tranquility in the middle of Dubai's busy life. With proximity to Dubai's Expo/District 2020, these factors all position Verdana as elegantly mirroring the city's spirit while preserving a feeling of solitude and the tranquility of lush greenery. This will allow residents to embrace the best that both worlds have to offer.
BACKGROUND ON REPORTAGE PROPERTIES AND THE UAE REAL ESTATE MARKET
Reportage Properties is among the largest private real estate developers in the UAE. They have substantial expertise with other 20 years of experience.
Complementary to a completed development in Masdar City, Reportage Properties is also now working on eight projects in Abu Dhabi. These include projects in Al Raha Beach, Yas Island, Al Maryah Island, and Masdar City. In contrast, they are building five projects in Dubai.
The UAE real estate market is thriving, particularly for high-quality projects that meet the needs of UAE buyers and investors. We see this via not only Dubai ranking 4th in the world for prime residential capital growth during the first half of 2022. But also through the prospect of the UAE real estate market anticipating inflows of over AED 300 billion for the whole of 2022. So, with a strong demand for high-end real estate in the UAE comes a prosperous future for Reportage Properties’ Verdana project.