DHG Properties Hits Milestone: Off-Plan Sales Begin for Landmark

Dubai, UAE – Renowned Swiss real property developer DHG Properties has released off-plan sales for its first-ever project – the AED 600 million Helvetia Residences in Jumeirah Village Circle (JVC). Nearly 15% of the 430 units inside the development had been bought on opening day.

The high demand demonstrates buyer huge interest for DHG’s entrance into Dubai’s strong real estate market. The year 2023 saw approximately 60% of real estate deals happening off-plan, a trend expected to retain this 12 months with 21% increase to reach $15.5 billion in Q1 2024.

Helvetia Residences aligns with the Dubai 2040 Urban Master Plan’s targets around housing affordability and availability. As Dubai’s population grows closer to 8 million with the aid of 2040, projects like this effectively serve rising residential demand from quit-users and buyers alike.

“Helvetia Residences not only contributes to the city’s housing goals but also reflects our dedication to shaping the future of urban living in Dubai,” said DHG Vice President Miloš Antić. “As our first development here, this is only the start. We are committed to enhancing Dubai’s skyline with more quality projects in coming years.”

The company brings its signature European architectural elegance and functionality to the development. Helvetia Residences will offer a range of thoughtfully-designed living spaces and amenities while pioneering a vision for modern real estate.

DHG has an impressive 30-year global track record including over 300 total projects, 2.5 million square meters developed, and over 1,000 residential developments underway. Helvetia Residences demonstrates the firm’s expertise through its quality design and attention to detail, setting new benchmarks for residential developments in Dubai.

Off-plan sales have officially begun and DHG looks forward to engaging buyer inquiries. “Investors can secure a world-class project while end-users will avail an elevated living experience demonstrated by DHG worldwide,” Antić stated. With the launch of its inaugural UAE project, DHG Properties cements its expanding impact on Dubai’s residential real estate landscape. Helvetia Residences at JVC caters to diverse nationalities and strengthens the developer’s international portfolio.