Imtiaz Developments Breaks Ground On $106mn JVC Project

Imtiaz Developments unveils a brand-new luxury living project worth $106 million.


Imtiaz Developments, a real estate developer based in Dubai, has unveiled a new project known as Luxor by Imtiaz, situated in the Jumeirah Village Circle (JVC). The project, valued at approximately AED 390 million ($106,178,943), represents a significant milestone in the company’s history.

According to Masih Imtiaz, the CEO of Imtiaz Developments, “We are enthusiastic about leading the future of urban living and aligning our strategy with Vision D33, initiated by our leaders. This project exemplifies our expertise in crafting architectural masterpieces.”

Luxor by Imtiaz offers residents a top-tier living experience, featuring retail spaces, studios, one-bedroom, and two-bedroom apartments. The development provides direct access to Central Park and showcases an elevated sky garden on the 16th floor, offering stunning views of JVC.

The project also encompasses various amenities, including a modern Fitness Center, a Business Center, and a communal Club Room for relaxation and social interaction. For families, there’s a Kids Play Area and a Luxor Movie Theater for an in-house cinematic experience.

Embracing sustainability trends, Luxor will incorporate electric parking stations within the building and provide ample extra parking spaces for visitors. Additionally, residents will have access to state-of-the-art purified drinking and sparkling water tap systems.

Luxor by Imtiaz is scheduled for completion in the third quarter of 2026.

Publish Date: Mon 11 Sep 2023

Source: https://www.arabianbusiness.com/industries/real-estate/dubai-real-estate-imtiaz-developments-announces-new-106mn-luxury-living-project


Popular Topics: