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Mixed-use communities steal show at Next Move

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Roshan Chaudhry, head of Sales and Leasing for Freehold Properties at Rocky Real Estate, believes affordable mixed-use developments are the way forward.

Published: Sat 22 Feb 2014, 11:13 PM

Updated: Tue 7 Apr 2015, 10:15 PM

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Thousands of visitors have flocked to the Madinat Arena for the UAE’s new consumer property show, Next Move live, with the overall sentiment on the floor reflecting the renewed investor confidence in the real estate market.

Exhibitors from Abu Dhabi, Sharjah, Ras Al Khaimah, Dubai and the UK are showcasing thousands of properties locally and internationally, and location is proving to be a key factor for end-users.

The three-day event, concluding today in Dubai’s Madinat Arena at Madinat Jumeirah, offers potential buyers or renters all the necessary information needed to ensure their move to find a new home is an easy one.

The three-day event, concluding today in Dubai’s Madinat Arena at Madinat Jumeirah, offers potential buyers or renters all the necessary information needed to ensure their move to find a new home is an easy one. — Supplied photo

Among the exhibitors capitalising on the surge in visitors at Next Move live is Rocky Real Estate, the oldest property firm in the UAE, which is launching the second phase of their Plaza Residence in Jumeirah Village Circle.

Roshan Chaudhry, head of Sales and Leasing for Freehold Properties at Rocky Real Estate, believes affordable mixed-use developments are the way forward. “Jumeirah Village Circle offers affordable living for both types of buyers, consumers and investors,” said Chaudhry. “The location is everything. It is strategically placed between Sheikh Mohammad bin Zayed Road and Al Khail Road, with four schools and four parks within close proximity.

“The first phase was already a hot market success and we hope that at Next Move live we can sell at least one floor of the development. We are offering affordable living in a prime location with a special five per cent discount for the show.”

Official banking sponsor of Next Move live, Commercial Bank of Dubai, together with exhibitors Abu Dhabi Finance, Mashreq Bank and Mortgage Middle East, are on hand to offer free advice to visitors who are looking to make their next move in the property market. Another Dubai-based Real Estate developer, Tanmiyat Group, is launching its ‘Living Legends’ project at Next Move Live, which has close to 25 villas and 500 apartment units.

Karam Abusaab, sales executive of Tanmiyat Group, said: “We truly believe that our Living Legends project will stand out from the crowd and speak for itself. Many factors play a role in someone purchasing a new home but we are confident that our location and our proximity to family friendly facilities will make it a game changer.”

— business@khaleejtime.com



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