Tuesday 01, August 2017 by Jessica Combes

Gemini Group and SPF Realty attract foreign investment into Dubai

 

Gemini Property Developers has signed long term agreement with Dubai real estate brokerage firm, SPF Realty, to market and sell Gemini projects in and outside the UAE.  

The arrangement covers UAE and international markets except India to bring investors to Gemini projects. The current project of Gemini Group is a residential building being built at Sobha Hartland within the Mohammed Bin Rashid (MBR) City; 70 per cent construction has been completed. 

The project has a built-up area of over 29,729 square metreswill include 134 residential units comprising spacious one-, two-, and three-bedroom apartments, penthouses and townhouses equipped with state-of-the-art amenities. Apartment units range from 780 square metres to 316 square metres. The community will also have comprehensive retail, shopping and entertainment facilities, along with much needed green spaces. 

Splendor project is located at Sobha Hartland, a new mixed-use development located near Meydan, close to the downtown of the future, the massive mixed-use project that has become a major destination. Splendor will border Meydan One on one side, MBR city District One on the other, and Meydan Grandstand at the backdrop. 

“We are pleased to be partnering with SPF Realty to market our properties in the UAE. Over the last decade, the partnerships with SPF have proven to be the game changer for many developers. We are certain that SPF will be able to attract investors from around the world towards our projects in the UAE. We believe brand Gemini is in professional hands that will produce quality leads and boost brokerage service quality,” said Sudhakar Rao, Managing Director of Gemini Property Developers. 

Synonymous with trust and credibility, Gemini Property Developers is building on the strong legacy set by Gemini Group that has around 30 years of successful business operations in various fields, including Testing, Inspection and Certification (TIC) services, trading and allied fields for the energy sector. Founded in 1986 by Sudhakar Rao, the group has an established presence in India and Middle East.  

“We thank Gemini for the trust put by them on SPF Realty. Over the years, our team has worked with many leading developers and successfully sold out their projects in record timelines. Our decade long experience and leadership in Dubai’s real estate will help us in achieving results for Gemini. Gemini is a developer that focuses on quality and promise of delivery and that should make this a successful combination,” said Ranjeet Chavan, Chief Executive Officer of SPF Realty. 

Splendor project is conceptualised by renowned consultants, Aedas which is one of the five largest international architectural firms, while detailed designs were carried out by Dubai Consultants. The project, once completed, will offer excellent views of the Dubai skyline via two Expressways as well as nearby Ras Al Khor bird sanctuary.

 

  

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