Staff Report,
Dubai, UAE
Dubai Investments, the leading investment company listed on the Dubai Financial Market, has announced the launch of Violet Tower, a new luxury residential project valued at Dh300 Million at Jumeirah Village Circle (JVC) in Dubai.
Developed by Dubai Investments Real Estate (DIR), the real estate arm of Dubai Investments, the tower is composed of four parking and 27 residential floors in addition to the ground floor.
Violet Tower offers 287 units ranging from studios to one- and two-bedroom apartments. Each unit is inclusive of a large balcony, offering panoramic views of the surrounding community. The tower also features an array of amenities, including a swimming pool, gym, kids’ play area among others.
Obaid Mohammed Al Salami, General Manager at Dubai Investments Real Estate Company (DIR), said, “In response to the escalating demand for upscale residential developments within JVC, Dubai Investments recognizes the growing desire for owned properties that capture both lavishness and practicality, and Violet Tower is our response to this demand. Our dedication to crafting distinguished properties, coupled with the allure of Violet Tower’s diverse units and curated amenities, speaks volumes about our endeavor to not only fulfill but exceed the expectations of those seeking classy, owned residences in the heart of this thriving community in Dubai. Construction for the tower is slated to commence by the 2nd quarter of 2024, with an estimated 24-month duration for completion.”
Nestled within a network of community parks and in close proximity to the Five Jumeirah Village Hotel, Violet Tower’s design is aligned with the Dubai Municipality Green code, reiterating Dubai Investments commitment to creating sustainable living spaces.
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