Tuesday, May 19, 2009

Salwan successful in leasing out Phase I of Al Khail Gate

Al Khail Gate Community
Salwan LLC, the leading property management company, also a subsidiary of Dubai Properties Group (DPG) has successfully leased out the First Phase of its Al Khail Gate Community, and is due to release Second Phase shortly, due to unprecedented interest from clients.

Located along Al Khail Road, the Al Khail Gate development is an affordable housing community located centrally, offering all possible amenities to its residential and corporate clients.

Following three months of launch, Salwan has successfully leased out 3835 units at the development, and is offering pre-leasing options to the clients interested in second phase of the development.

The CEO of Salwan, Saeed Bushalat, revealed that several corporate clients have shown interest in the Al Khail Gate Community, and are planning to extend the offering to wider community with the launch of second phase, which will bring in an additional 5600 units into the market.

Offering a range of leasing options, the Al Khail Gate development units include studios, and single, double and triple bedroom apartments. Starting from Dh.35000 per year and upwards, the apartments are available in various sizes.

With a growing portfolio of properties across Dubai, Salwan offers a range of residential and commercial space for lease. At present, Salwan owns and manages about 14,000 residential and commercial units in various locations around Dubai, including Jumeirah Beach Residence (JBR), Mirdiff, Cordoba Villas, the Office Park at Dubai Internet City and The 558 Community at Dubailand.

1 comment:

Anonymous said...

Lets hope Salwan actually manages these properties for once. Their track record at JBR is awful and I would be surprised if they don't lose the management contract there all together.