Swank, the European real estate development company, launched the “Lua Residences” project, which is located in Mohammed bin Rashid City in the Meydan area, at a total cost of more than 320 million dirhams, during a distinguished ceremony attended by a group of dignitaries and investors.
The project is the beginning of a new chapter for Swank and its first project within its plans that are in line with Dubai’s vision to provide a luxurious lifestyle for everyone and an unparalleled residential experience. “Lua Residences” is distinguished by its uniqueness, as it offers an exclusive group of villas, numbering 42 villas, characterized by exclusive interior designs that meet the various tastes and needs of residents.
Mustafa Al Saeed, Managing Director and Board Member of Swank Real Estate Development Company, said: “With the continued growth momentum in Dubai as one of the happiest and safest cities in the world, and its great ability to attract the most important investors around the world, we are witnessing a continued rise in demand for high-quality residential units this is what motivated us to prove our capabilities and enhance urban development by launching a project that reflects the essence of luxury, elegance and practicality in Dubai.”
Al Saeed added that the “Lua Residences” project embodies the European approach in shaping future lifestyles and adopting a lifestyle centered around luxury and sophistication, as the company seeks through this project to gain a prominent position in the UAE real estate market, as it aspires to attract the attention of investors and achieve success. Brilliant at the local and regional levels.
Al-Saeed added that Swank Company seeks to expand its real estate portfolio by purchasing more lands to develop other projects in the same direction, and is currently in the process of designing and planning its next project, which will be announced soon.