Our Correspondent/ Emirates Business
Myra Properties, a leading developer of high-end luxury properties across the GCC, has recently announced the launch of its latest luxury apartment project in Dubai. This project is aimed at the growing community of young millennial expatriates, who are increasingly relocating to Dubai for employment or wishing to invest in lucrative properties in the region.
Akash Kanjwani, Partner and Sales Director of Myra Properties, pointed out that over the past decade, millennials have emerged as the most desirable demographic to reach out due to their high purchasing power. Millennials, also known as Generation Y, are people in the age group of 18 to 36 years. Across the world millennials are taking the workplace by storm, whether it is sales, IT, hospitality, marketing, financial services or hospitality.
“Myra Properties believes that with such a young population increasingly entering the UAE, there would never be a better time for the real estate industry. These customers are very knowledgeable, have enough buying power and look for well-appointed high-end properties that can help them unwind after a long day at work,” he added. “In addition, when it comes to buying, millennials prefer to stick to investments that have lower risk. Crystal Residence would therefore appeal to such discerning
Crystal Residence is the second project to be launched by Myra Properties, after its maiden project, the well-acclaimed Botanica. The new project is equipped with state-of-the-art facilities and recreational areas to cater to its discerning buyers. Prices for properties in Crystal Residence start from AED382,000. The main consultant for the project is Emsquare. Sky View Real Estate Brokers will be exclusive sales agent for Myra who have successfully launched and sold Botanica in JVC which has started handover.
The iconic Crystal Residence is an ultra-luxury residential apartment project featuring 225 units of studio, one-bedroom, two-bedroom and three-bedroom sizes, and will be located prominently in the fast-growing Jumeirah Village Circle community of Dubai. The project value is estimated at AED150 million and is expected to be completed by April 2018, well ahead of Expo 2020.
Established in 2013, and headquartered in Dubai, Myra Properties has been designing homes for families providing optimum living comfort and ease of maintenance. The company’s prime objective is to deliver best returns for its customers’ investments without compromising on quality alongside maximising the
returns on their investments.
At Myra, the team focusses on its integral values with state-of-the-art constructions. Myra has a team of qualified experts working on the core of every project they undertake, analysing all major and minor requisites with a practical resolution from the foundation stone to the handover stage. Myra also actively launched a project in Turkey. The group has diversified business interests in UAE such as logistics and F&B products.
Crystal Residence is strategically located in Jumeirah Village Circle which is the new business district within Dubai that promises to be the city’s commercial and business focal point as well as offers you the opportunity to own a quality residence set in a beautiful, family-friendly, and a serene community as well as designed to embody a vision of peace, harmony, health and happiness.
Myra Properties has envisioned a home for the family with an environment-friendly arena. Crystal Residents will be built to the highest construction standards along with supreme ease of living. The finest part is the ‘all green surroundings’ with zero environmental hazards. The company has conceived the idea from the families’ health and vigour to the place where the residents will enjoy their home environs. Ideal location with a bundle of amenities like swimming pool, gym, green valley roof top and much more.