Handover of Gemini's $82m Splendor homes begins in Dubai
Delivery is commencing following "rapid construction and on-time completion", Gemini said
Gemini Property Developers has started handing over its $82m (AED300m) Splendor residential project at Sobha Hartland, located within Dubai’s Mohammed Bin Rashid City (MBR City). The developer said delivery work is commencing “following the rapid construction and on-time completion” of the project.
The G+8 project has a built-up area of almost 3ha, and includes 134 one-, two-, and three-bedroom apartments, in addition to penthouses and townhouses.
IN PICTURES: Gemini Splendor, Mohammed Bin Rashid City
Construction on the MBR City project began in 2016, and the development includes retail, shopping, and entertainment facilities as well.
Gemini is showcasing Splendor at Cityscape Global 2018, which is currently under way at Dubai World Trade Centre. The developer is also exhibiting its 29-storey Symphony project, situated in Dubai’s Business Bay.
Symphony has a built-up area of 6.52ha, and features 455 one-, two-, and three-bedroom units.
Ground has already been broken on Symphony, for which construction work is under way. Construction Week has requested Gemini’s media representatives for details of the project’s main contract.
CONSTRUCTION UPDATE: Symphony – Business Bay in Dubai
Amenities planned for Symphony include smart home technology, a gym, yoga areas, a rooftop barbeque area, retail stores, and a swimming pool.
The project is due to complete before Expo 2020 Dubai kicks off on 20 October, 2020, Gemini said in a press statement.
Commenting on both projects, Sudhakar Rao, chairman of Gemini, said: “Despite high competition and challenging times in Dubai’s real estate sector, we are delighted that we are able to fulfill on-time construction commitment to our investors. It is a big day for us.
“Dubai’s upward market trend has given us enough reason to launch new projects. Due to growth of non-oil economy, Expo 2020 Dubai, and other mega developments, we foresee the market to remain on this upward trajectory of sustained growth.”