Dubai Investments Unveils Asayel Avenue at Mirdif Hills
Dubai Investments PJSC expands its Mirdif Hills project with the launch of Asayel Avenue, setting new standards for luxury urban living in Dubai.
Summary
Dubai Investments PJSC has announced the launch of Asayel Avenue, a premium residential development within the Mirdif Hills project. With a strategic focus on community-centric and luxurious living, the project is set to redefine urban lifestyle standards in Dubai.
Dubai Investments PJSC, a prominent multi-asset investment group based in the United Arab Emirates, has announced an ambitious expansion within its flagship Mirdif Hills project. The introduction of Asayel Avenue marks a significant milestone in the company's real estate ventures, showcasing its commitment to enhancing urban living standards in Dubai.
Asayel Avenue, a premium residential cluster, is poised to redefine modern urban living through Dubai Investment Real Estate (DIR), the real estate arm of Dubai Investments. Strategically positioned as an integral extension of the Mirdif Hills project, Asayel Avenue aims to set new benchmarks for sophisticated, community-focused lifestyles in Dubai.
Inspired by the architectural synergy of Nasayem, Janayen, and Al Multaqa Avenues, Asayel Avenue seamlessly integrates into the established Mirdif Hills framework. This new development not only complements but elevates the standard of residential excellence in Dubai, offering 193 thoughtfully designed residential units. These residences provide a mix of 1, 2, and 3-bedroom apartments, combining flexibility, luxury, and functionality. Larger living spaces, enhanced natural light, and meticulously crafted finishes make them standout options in Dubai’s competitive real estate market.
With a total investment of AED 400 million, the project is set to begin construction in Q2 2025, with completion scheduled for Q2 2027. This ambitious timeline underscores Dubai Investment Real Estate’s commitment to delivering exceptional developments that enhance Dubai’s urban landscape.
Obaid Salami, General Manager of Dubai Investment Real Estate, stated, 'Asayel Avenue is a cornerstone in the continued evolution of Mirdif Hills, embodying a seamless blend of modern living, luxury, and accessibility. True to the vision of Mirdif Hills, this new cluster prioritizes green integration and balanced lifestyles, addressing the growing demand for premium residential options in Dubai.'
Asayel Avenue boasts a range of distinctive features designed to elevate modern living. With optimized layouts and smart storage solutions, the residences cater to contemporary lifestyles, while premium finishes, including upscaled interiors, luxurious lobbies, and curated artwork, enhance the living experience. Residents can enjoy enhanced amenities such as fitness centers and recreational areas, offering the perfect balance between work and leisure. Additionally, the development integrates smart living solutions, featuring cutting-edge security systems and technology-enabled conveniences for a seamless and sophisticated urban lifestyle.
Given the strategic expansion and the promising outlook of Dubai Investments PJSC in the real estate sector, investors might consider a buy position. The company's consistent focus on delivering high-quality developments and its ability to adapt to market demands are crucial factors supporting this recommendation.
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Summary
Dubai Investments has announced the launch of Asayel Avenue, a new residential cluster in the Mirdif Hills development in Dubai. Asayel Avenue will feature 193 residential units, including 1, 2, and 3-bedroom apartments, designed to offer luxury, functionality, and larger living spaces with enhanced natural light. The project, with an investment of AED 400 million, is set to begin construction in Q2 2025 and complete by Q2 2027. It aims to set new standards for community-focused living in Dubai, with amenities such as fitness centers, recreational areas, and smart living solutions. The development emphasizes green integration and balanced lifestyles, catering to the demand for premium residential options in the city.