The upscale housing development, designed to attract both homeowners and investors, will feature 430 units offering a variety of living spaces, along with cutting-edge amenities.
DHG Properties, a prestigious Swiss real estate developer boasting a history spanning over three decades, has revealed the commencement of off-plan sales for its inaugural project in the UAE, Helvetia Residences.
The sales launch began on Thursday and experienced a prosperous initiation, as the company reported the sale of 15 percent of the project’s units within the first day.
Helvetia Residences in JVC
The development of a high-end residential project worth AED600 million is currently underway in Jumeirah Village Circle (JVC).
Helvetia Residences, set to attract both end-users and investors, will provide a variety of living spaces through 430 units, featuring state-of-the-art amenities.
According to Miloš Antić, Vice President and Member of the Board of Directors of DHG Properties, Helvetia Residences will not only support the city’s housing goals but also showcase the company’s commitment to redefining the concept of urban living in Dubai.
“As our inaugural project in the UAE, this marks just the beginning. We are dedicated to enhancing Dubai’s already impressive skyline with a range of projects across the city in the upcoming years,” he stated.
Antić assured investors that they are investing in a project of world-class quality, while end-users will experience an elevated living standard that the company has successfully demonstrated on a global scale.
DHG aims to enhance its presence in Dubai’s residential sector through the Helvetia Residences, bringing its distinctive European touch and catering to the diverse nationalities in the UAE. The Swiss realty major has a rich legacy of providing premium and affordable properties across Europe and globally.
DHG has a track record of successfully completing 300 projects, encompassing a total development area of 2.5 million square meters. Currently, the company has more than 1,000 residential developments in progress, further strengthening its portfolio.
In 2023, the off-plan segment constituted around 60 percent of real estate transactions in Dubai, and it is projected to continue its growth in 2024 with an anticipated increase of 21 percent, reaching a total value of $15.5 billion in the first quarter of this year.
