Lootah Real Estate Development completes handover of award-winning Shamal Residences
Source: ASDA'A Burson-Marsteller , Author: Posted by BI-ME staff
Posted: Wed July 5, 2017 11:30 am

UAE. Lootah Real Estate Development, one of the region’s prominent real estate developers, has begun handing over luxury units in its award-winning Shamal Residences in Jumeirah Village Circle to proud local and international buyers.
Centrally located in JVC Cluster 14, in close proximity to Sports City, JLT, Dubai Marina, Al-Barsha and easy access to Al Khail Road, Shamal Residences represents a new jewel in Lootah Real Estate’s portfolio, as the company continues to carve a niche in Dubai’s property landscape with innovative and distinctive projects.
The project features 259 elegantly designed studio apartments and one-bedroom lofts, with luxurious interiors enhanced by beautiful porcelain, granite counters in the pantry, luxurious bathrooms, enormous viewing terraces, a magnificent swimming pool and a five-star reception area, among other luxury amenities.

Saleh Abdullah Lootah, Executive Director of Lootah Real Estate Development said: “The handover of units in Shamal Residences marks another proud moment in the history of our Group. This is an outstanding project, one that stands as a symbol of our vision. Our goal was to create homes that celebrate the spirit of elegant living through high-end finishes and plush amenities while giving each resident a feeling of space and freedom. We believe we have achieved what we envisioned, and the proud owners are vouching for it.”

“Shamal Residences represents a great opportunity for investors to be part of the promising Dubai property story, particularly as we draw closer to the World Expo 2020. Apart from the luxurious amenities, the location of this project, with access to the road that leads directly to the Al Maktoum International Airport, makes is a great buy,” added Lootah.

The ground-plus-four buildings in Shamal Residences come with many additional amenities such as fully equipped gymnasium and sauna, CCTV Monitoring, covered Parking and 24/7 Security. Functionality meets elegance in bathrooms that are fitted with world-class bathtubs and vanity counters. The solid walnut veneered doors bring in old-world charm; lighting, painting and ceilings are done keeping in mind residents’ lifestyle needs and tastes.

Last year, Lootah Real Estate received the Highly Commended Interior Design Award for Shamal Residences at the International Property Awards, the world’s largest, most prestigious, and widely recognised programme, beating leading companies from Europe, Asia Pacific, the Americas, Africa, Arabia, and the UK.

Photo Caption: Saleh Abdullah Lootah, Executive Director of Lootah Real Estate Development (File photo)
About Lootah Real Estate Development:
Since the inception, Lootah Real Estate Development has acted as the pioneering real estate development arm of Lootah Holding. Through a culture of excellence and an unswerving commitment to provide the very highest standards of living, Lootah Real Estate Development’s employees have not only achieved, but exceeded, the most ambitious goals. Already over 1,000 units have been delivered to satisfied occupants, with many more planned for the future.
Lootah Real Estate Development successfully launched Ewan Residences in Dubai Investments Park and Shammal Terraces in Jumeirah Village Circle. Ewan Residences, comprises 85 buildings with up to 12 apartments in each block. The apartment blocks have been designed in a unique manner to make them suitable to own or rent. Ewan Residences is a secure, gated community with beautifully landscaped gardens, a state-of-the-art recreation centre, swimming pools, jogging tracks, and community facilities that include a shopping centre and play areas for children throughout the community.
Recently, Lootah Real Estate Development handed over its new freehold project to numerous proud buyers. The project comprises 259 studios and 1 bed loft apartments. This aesthetically appealing landmark offers a superlative swimming pool, state-of-the-art gymnasium and an invigorating sauna. Winner of the prestigious International Real Estate Award, 2016, Shamal Residences features exceptionally high quality construction, imaginative interior design and a charm and ambiance of its very own.
About Lootah Holding:
Lootah Holding is a family-owned diversified business house with rich heritage and highly ambitious young leaders adorned with new ideas and innovative minds. The several Lootah Holding initiatives and companies are embodiments of the vision of Chairman Saleh Saeed Lootah, the founder and an iconic second generation leader guided by enduring values and global thought leadership.
Lootah Holding leads ventures across key industries: from Construction to Real Estate; Energy to Financial Services; Logistics to FMCG, among several others. The entrepreneurial culture of Lootah Holding has been the catalyst that brought home-grown businesses to the global scene. Lootah Holding is a driving force for the national and regional economic growth, progress and innovation with global reach.



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