Condor unveils new project to drive investment to Dh2.5 bn by 2027

Staff Report

Dubai, UAE

Condor Developers, a leading Dubai luxury property provider, has launched its fourth residential project, Condor Sonate Residences, in Jumeirah Village Triangle (JVT). The project is part of a portfolio expansion strategy aimed at boosting the group’s realty investment value to over Dh2.5 billion by 2027. Spanning 396,764 square feet, the project offers 213 premium units ranging from studios to one-, two-, and three-bedroom apartments, enhancing Dubai’s prime residential landscape.

With a four-decade track record of timely project delivery, the developer plans to launch three upcoming projects by year-end. Located in Dubai’s prime residential districts—Dubai Island, Al Majan, and Dubai Sports City—these projects aim to solidify its status as a preferred developer for high-end investors seeking super luxury residences.

Vidhyadharan Sivaprasad, Chairman and CEO of Condor Developers, said, “Condor Sonate Residences comes with first-of its-kind wellness amenities and is created as a development where luxury meets serenity in the much sought-after JVT community.  Investing in JVT offers a guaranteed higher RoI with home values projected to rise on the back of an influx of overseas investors and major developments in the pipeline, including the upcoming metro station by 2030,”

Condor Sonate Residences features 213 units comprising 48 studios with an average area of 480 square feet, 134 one-bedroom apartments covering 866 square feet, 28 two-bedroom apartments spanning 1,333 square feet, and 3 three-bedroom apartments with an average area of 2,040 square feet. Prices start from Dh721,000. The tower spans 31 floors, excluding five podiums and a roof. It features a retail space over 3,220 square feet. Amenities include an 18,500 square feet leisure area with cabanas, sun loungers, and jogging paths.

The development launch follows Condor’s two successful projects in Jumeirah Village Circle and one in Dubai Marina.

Sivaprasad also mentioned, “For homebuyers and investors, Condor Developer’s has been offering an affordable but luxury asset class across residential and commercial properties, ensuring superior RoI and valuations in Dubai’s buoyant property market, and as a celebration of the ground breaking we are offering 4% DLD waiver on all units.”

Condor Sonate Residences features an infinity pool, outdoor cinema, sauna and steam rooms, wellness sanctuary, rooftop garden, fitness studio, and padel tennis court. Children’s amenities include a play area, splash pool, and mushroom shower.

Condor’s latest project in JVT will attract both local and foreign investors due to its central location, connectivity, infrastructure, and value-for-money appeal.

Ends

Also Read: Devmark and Condor Developers unveil Sonate Residences in JVT

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