Lootah Real Estate Development, one of the leading UAE-based property developers, announced that it has finished and started to handover the units of The Waves, one of its residential projects.
In his comment on completing the project on time, Saleh Abdullah Lootah, the executive director of Lootah Real Estate Development expressed his pleasure to start the handover phase of The Waves project. The executive director added that Lootah Real Estate Development built this project to satisfy the increasing demand for affordable housing units with high quality in UAE’s real estate market.
Situated in a unique location in Jumeirah Village Circle, The Waves spans 1.6 hectares of land and consists of two med-rise residential towers that comprise four stories each. In total, The Waves includes 135 residential units, varying between studio, one-, and two-bedroom apartments. In addition to that apartments, the two towers also feature a number of upscale amenities including a swimming pool, covered car parking spaces, and a fitness gym.
It is worth mentioning that, last October, Lootah Real Estate Development has commenced the on-ground construction works of The Edge, its newest residential project which is situated in Dubai Investment Park.