Articles
Companies

Home / NEWS / Emaar Burj Vista in another shock sale blitz

Emaar Burj Vista in another shock sale blitz

on Apr 21, 2013




RELATED ARTICLES: Emaar launches new Downtown Dubai towers | Emaar units flip at 30% premium hours after frenzy | Emaar launches housing scheme near Arabian Ranches

RELATED ARTICLES: Emaar launches new Downtown Dubai towersEmaar units flip at 30% premium hours after frenzyEmaar launches housing scheme near Arabian Ranches

Dubai-based Emaar Properties on Saturday has sold 300-400 apartments at the Burj Vista, its new luxurious luxury Downtown project, in a matter of minutes.

Units at the twin towers sold for an average price of $5,860m2 per square metre, as reported by Emirates 24|7, days after the online registration for the project launch closed in about 30 minutes.

Located on Mohammed Bin Rashid Boulevard, Burj Vista consists of two identically-designed towers, one 20 storeys high and the other 65 storeys, containing 120 and 520 luxury apartments respectively.

On top of the standard residential tower amenities, the project includes a multimedia hall, business centre, a badminton court and a half-basketball court.

In spite of the demand, a registered broker told the Khaleej Times that Emaar held back “a sizeable stock” in the twin-tower project and would complete the sale process in a number of further phases.

The towers are expected to be completed in June 2017.



Advertisement




Articles
Companies