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Prices for Al Habtoor Tower Start at Dh2.1 Million, With a 3-Year Completion Target.
Dubai’s Highly Anticipated Al Habtoor Tower Launches Sales, Joining the Ranks of Global Residential Skyscrapers. Situated on Sheikh Zayed Road, overlooking the Dubai Water Canal, Al Habtoor Tower has opened its sales phase, marking a significant milestone in the development valued at Dh3.7 billion. This impressive 82-storey structure will span a total built-up area of 327,000 square meters and offer 1,701 housing units, including 22 sky villas. The exclusive sky villas, located from Level 76 upwards, promise elevated luxury living in the heart of Dubai. As the tower takes shape, it will undoubtedly add to the city’s iconic skyline and contribute to the global reputation of Dubai’s residential skyscrapers.
Apartments with one bedroom cost Dh2.1 million, those with two bedrooms Dh3.5 million, and those with three bedrooms Dh4.7 million. The cost of the sky homes has not yet been disclosed. Mohammed Khalaf Al Habtoor, the vice-chairman, and CEO of Al Habtoor Group, revealed that some people had asked to acquire the entire structure, but they had been rejected. There are Infinity pools and recreation decks on the three amenity floors (8th, 47th, and 70th). A 270-degree outdoor and separate indoor tranquility pool will be on the eighth story.
According to Thomas Murdoch, Deputy General Manager of Al Habtoor Real Estate, “We’re hoping for a three-year handover.” “Right now, we’re at about 10 to 11 percent. We have faith in our contractor to complete the project. Therefore, we are not concerned about supply chain issues either.
China Railway 18th Bureau Group Ltd. won the contract a little over three weeks ago after competing against ten other companies. There have been a lot of interest expressions, confirmed pre-bookings from exclusive partners, and early adopters, according to Murdoch. The task is to complete those before moving on to public sales.
According to Al Habtoor, “Al Habtoor Tower will be a vertical metropolis within Al Habtoor metropolis with all the retail and leisure services on offer. This interest is a reflection of both the established residential real estate market in Dubai and the high brand demand for Al Habtoor Group.
