Vincitore makes debut in Dubai realty

Dubai - Dubai's improved regulatory environment, broader investor profile and increased maturity will help drive local market development

Vincitore Real Estate Development has officially made its debut in Dubai's real estate industry with the launch of its project - Vincitore Palacio, branded and exclusive residential apartments.
Located in Arjan, Vincitore Palacio will include 175 residential units composing of studios, one bedroom, and two-bedroom apartments. Vincitore Palacio is scheduled to be completed by August 2017, according to its developer.
Vijay C. Doshi, founder and managing director, Vincitore Real Estate Development, said: "Vincitore Real Estate is a boutique real estate development committed to introducing the new-age concept of 'branded quality real estate at value par excellence'. Our three pillars - Quality, Style and Functionality help us create this 'niche' segment. "Quality" is not an option and hence TUV Nord, Germany (ME) has also been appointed for stringent quality inspection."
Doshi added: "Style sets us apart from the crowd and so every need is catered in style to give you a sense of class that represents our identity. Functionality represents where each unit and amenities are engineered, designed and crafted meticulously for maximum utilisation of space."
"With the construction currently ongoing, this soon-to-rise property development will include state-of-the-art facilities and other amenities that will further enhance the cosmopolitan lifestyle and experience of our customers. We aim to attract local, regional and foreign investors seeking to purchase quality apartments at value price," added Vijay.
The launching of the flagship project comes at a time when Dubai's property market is projected to witness a growth trajectory in spite of the many challenges in 2016. According to a report released by international auditing network KPMG, Dubai's improved regulatory environment, broader investor profile, and increased maturity will help drive local market development.
According to a recent study, developers and analysts are optimistic that the transactions in Dubai's real estate market are growing and the state of the market is in line with expectations. The report also highlights the fact that the transactions are increasing in the end-user market.
Vincitore Palacio is among the pioneering projects of Vincitore Real Estate, in addition to the upcoming development of approximately one million square feet of property covering three major projects in Dubailand, among others.
- abdulbasit@khaleejtimes.com