Lootah Real Estate Development has announced the ‘on-time handover’ of its residential project, ‘The Waves’. Located in Dubai’s Jumeirah Village Circle, the project is said to cater to the ‘essential requirements of communities, while ensuring the very highest standards of living’.

The handover ceremony took place earlier today and was attended by the developer’s senior management and key stakeholders.

“We are pleased to announce the handover of our latest residential property in Jumeirah Village circle, The Waves, which provides a beautiful, self-contained environment for residents. We take pride in honoring our promises and completing our projects on time, while providing our investors and end users with the very highest standards of living,” said Saleh Abdullah Lootah, executive director of Lootah Real Estate Development.

The project comprises two buildings offering 135 units split between studio, one- and two-bedroom apartments, as well as loft apartments. It is also said to feature a grand lobby, swimming pool, gymnasium and covered parking spaces.

He added, “We recognise the growing demand for affordable housing in the UAE property market, and we at Lootah Real-Estate Development understand this trend and aim to accommodate these requirements without compromising quality. We have a very positive outlook on the future of the property market and are committed to delivering unprecedented level of affordable luxury with premium finishing, amenities and high-quality construction inline with our strategic plans to grow our existing portfolio of residential properties.”