I'm excited to announce that 190 of the 210 apartments at Century Tower in Business Bay have been sold. This remarkable achievement showcases the power of collaboration between Al Shafar National Contracting, AMBS Real Estate Development, and fäm Properties. The project, a 23-story residential building, has captured the attention of investors and set a new benchmark for quality in Dubai’s real estate market.
The high level of interest reflects a growing preference among investors for dependable and established contractors, especially following the recent heavy rains in Dubai. Al Shafar has built a strong reputation for delivering high-quality construction and meeting deadlines, which has significantly bolstered buyer confidence.
We’ve already received inquiries from many who purchased units at Century Tower about future projects. This interest underscores how a reputation for quality construction, combined with the potential for high returns, can alleviate common concerns about off-plan investments and strengthen buyer trust.
Dubai's real estate market is evolving, with durability becoming a top priority for residents. The recent flooding highlighted the importance of long-lasting construction, prompting buyers to seek properties that offer resilience and enduring value. Century Tower was meticulously designed to fill this niche in Business Bay's Golden Triangle, with every aspect tailored to meet the needs of discerning investors.
Unlike many off-plan projects that launch with little progress, Century Tower was already well underway at the time of its sales launch, providing added reassurance to investors. This reduced risk, along with its prime location and distinctive design, made it stand out as an ideal choice for those seeking both investment potential and premium living.
Our partnership with Al Shafar National Contracting has been instrumental in this success, and I eagerly anticipate the launch of our next project in October. Together, we are committed to raising the bar through strategic collaboration and in-depth market analysis.
The rapid sell-out of Century Tower not only highlights the strength of Dubai’s real estate market but also emphasizes the importance of trusted developers and thorough planning. As demand continues to surge, we remain dedicated to creating vibrant and attractive opportunities for both end-users and investors.