Dubai Real Estate: Expo City Launches Sidr Residences Phase 2 – Homes Starting at $512,000
Friday, 6 December 2024
Expo City Dubai has announced the launch of phase two of its highly anticipated Sidr Residences development, following the success of its initial phase. With residential units across the city’s projects rapidly selling out, Expo City continues to build momentum in Dubai’s thriving real estate sector. Here’s what you need to know about the latest development:
- Sidr Residences Phase 2: A collection of 455 stunning one-to-four-bedroom apartments, lofts, and townhouses located at the edge of the Expo Downtown district.
- Prime Location: Just a five-minute walk from Al Wasl Plaza and offering breathtaking views of the Terra district.
- Affordable Luxury: Prices start at AED1.88 million ($512,000), with handover set for Q4 2027.
- Sky Residences Development: Expo City has also announced the appointment of ABR Al Mutawassit Contracting Co LLC as the main contractor for its Sky Residences. This development will feature three 14-storey towers and is expected to be ready for handover by Q4 2026.
- Future Growth Hub: Expo City is fast becoming a central part of Dubai’s future growth, with plans for the expansion of the Dubai Exhibition Centre, as well as easy access to Al Maktoum International Airport and Dubai Ports.
- Accessibility: The development offers excellent connectivity via metro and major highways, making it a convenient hub for both residents and businesses.
Statement from Expo City Dubai: Ahmed Al Khatib, Chief Development and Delivery Officer, Expo City Dubai, expressed excitement about the growing demand for residential properties in the city. He highlighted that the success of Sidr Residences reflects the significant interest in Dubai South and Expo City, with more master developers looking to be part of this dynamic growth area.
Sky Residences: A New Landmark for Expo City Nashat Sahawneh, Chairman of Al Hamad Group, shared his pride in bringing ABR Al Mutawassit Contracting Co LLC on board for the Sky Residences project, calling it a pivotal development in Expo City’s future.
With a vision for sustainable growth, Expo City Dubai continues to evolve into a world-class destination, offering exceptional residential, commercial, and leisure facilities at the heart of Dubai’s expanding urban landscape.
