A prominent real-estate subsidiary of Al Suwaidi Investment has been awarded a significant contract to design and manage the construction of an upscale residential development in Dubai. The project, named Sama Al Jaddaf, is set to be established in the vibrant area of Al Jaddaf. This strategic agreement was formalized through a memorandum of understanding signed by key stakeholders, highlighting the commitment to enhancing Dubai’s real estate offerings.

The ambitious initiative will involve a substantial investment of 90 million Dirhams (approximately $24.5 million). Spanning a total built-up area of over 157,000 square feet, this development aims to introduce 12 floors of luxurious living spaces. Notably, the rooftop will boast premium amenities, including an outdoor lounge, a semi-Olympic swimming pool, and a spacious gymnasium. With a mix of studio, one-bedroom, and two-bedroom apartments, the project promises to cater to diverse residential needs.

Through this venture, Asico, the developer entrusted with overseeing all design and construction phases, underscores its dedication to excellence in property development. The project exemplifies the synergy between innovative architectural design and meticulous project management. By introducing modern living options in a prime location, Sama Al Jaddaf is poised to significantly elevate the residential appeal of Al Jaddaf, contributing positively to Dubai's urban landscape and offering residents a superior quality of life.