Dubai, August 27th 2015: Driven by the affirmative growth of the real estate and property sectors, RSG International’s premium residential project, Qasr Sabah valued at AED 450 million is ready for handover starting September 2015. The project is 86 days ahead of the originally scheduled completion, making it a one-of-a-kind project in the global property market.
Commenting on the early handover, Mr. Raj Sahni (Abu Sabah), Chairman of RSG International said, “Commencing the handover of the residential units ahead of schedule is indeed a milestone for us as it underlines our commitment to excellence. It’s not very often that developers handover a project before time, which definitely makes this a unique event for the Dubai property market thereby restoring confidence in property investors. Qasr Sabah is a landmark project and we have the best team working on it. We’ve not only developed the project before time, but also ensured that our project team adheres strictly to quality practices for a fine finished product. While our sustained focus and unrelenting commitment to quality and delivery has helped us deliver the project before time, it was the extensive support and co-operation of Dubai Creative Clusters Authority (earlier known as Zoning Department) that paved the way for easy completion of this project. Our apartments are equipped with best-in-class amenities and we are confident that our residents will have a great stay in their new homes.”
Qasr Sabah recorded a near sell-out response when it was first launched in February 2014. The affordable prices and flexible payment plan comprising of 20% reservation deposit and 80% at handover, prompted huge demand from local and overseas investors. In the Holy Month of Ramadan 2014, Qasr Sabah was the only project in the UAE that pioneered a post handover payment plan for its investors encompassing 60% imbursement in three years after handover.
Lucrative payment plans and attention to detail are the key elements that have drawn bulk investors to invest in this massive project. To offer additional value and a world-class experience to its investors, and in keeping with the elegant façade, building interiors have been enhanced and revamped at the company’s own expense. Qasr Sabah architecture is an appealing blend of Mediterranean and Arabic elements. Intricate nature motifs, lines and curves painted in gold are a reflection of the rich architecture of these cultures while the brilliant white façade symbolizes freshness and peace.
Qasr Sabah is located in the International Media Production Zone (IMPZ), adjacent to Sheikh Mohammad Bin Zayed Road and within easy reach of both the Al Maktoum International Airport and Dubai International Airport. The new logistics hub Dubai South (earlier known as Dubai World Central), the site of the World Expo 2020 and the biennial Dubai Air show are only minutes away.
Comprising of three buildings with 402 apartments and four retail shops in total, Qasr Sabah is designed to be a self-contained community that harmonizes work with family. True to Dubai’s landscape, Qasr Sabah will be a melting-pot of cultures with investors from across the globe. Residents of Qasr Sabah will have easy access to a number of social and leisure options, like malls and restaurants in the vicinity. Me’aisem City Centre will bring a plethora of retail / entertainment outlets to the residents of IMPZ on September 1, 2015 – same date as Qasr Sabah’s handover.
Qasr Sabah has been funded solely by RSG international, a trend which the company intends to follow in the future as well. “UAE is a great market and we have absolute confidence in the outstanding vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai. While Qasr Sabah was our pioneer project, our next project in Jumeirah Village Circle will be constructed with equal dedication and commitment to quality and delivery. The details on the upcoming project will be shared soon.” said Mr. Raj Sahni (Abu Sabah) on a closing note.