Dubai Welcomes a New Era in Luxury Living
In a resourceful strategy, Reef Luxury Developments has undertaken its venture in the specific market of the UAE, making an introduction of an innovation that has never been imagined before - the sunken balcony, which will change the course of luxury real estate forever.
What is a Sunken Balcony?
A sunken balcony is a distinct type of architectural design which is constructed such that the balcony is integrated into the exterior facade of the building and allows the interior spaces to spill over into the outside areas. This design being all weather, all season outdoor living becomes possible.
Benefits of Sunken Balconies
- Year Round Outdoor Living: Utilize your balcony space throughout the year without the worries of temperature changes or any kind of weather exposure.
- Reduction of Energy Wastage: Climate controlled spaces require less or do not require the use of air conditioners as well as heating devices.
- Improved Interior Design: Integrates perfectly with the structure giving unobstructed views.
- Add Value to Properties: The primary USP - makes properties stand out for potential buyers in the established market.
Ambitious Action Plans
Reef Luxury Developments has announced bold plans to undertake 30 projects costing AED 14 billion by the year 2025. Such an amount is an indication of the company’s ambition to revolutionize the real estate sector in the UAE by providing unique and luxury at every place of its developments.
Market Impact
The introduction of sunken balconies is anticipated to significantly influence the real estate market in Dubai. As per a few industry experts, this new development may bring in foreign investors and homebuyers who seek this type of unique and luxurious living experience.
Developer’s Vision
CEO Samer Ambar said we have introduced the first-of- its- kind ‘Sunken Balcony’ technology, transitioning the real estate industry globally. He further added “Our commitment is to create exceptional properties that not only cater to the needs of today’s residents but also anticipate the evolving demands of the future. We are excited to lead the way in shaping vibrant communities that will enrich the quality of life for all.”
Thanks to its new strategy and sizable investment plans, Reef Luxury Developments is expected to dominate the UAE real estate sector, raising the bar for luxury living for both residents and investors.
