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Friday, March 21, 2025 10:19 GMT
GJ Properties, a premier real estate developer in the northern emirate of Ajman, has announced plans to develop premium residential projects worth AED4 billion (US$1.11 billion) across the UAE during the 2025-26 period. As part of its big UAE plans, GJ Properties aims to launch around 10 new projects this year, collectively offering 4,500 units that cater to diverse lifestyle needs across the emirates.Among its most anticipated developments is the Biltmore Residences Sufouh in Dubai - a sophisticated residential enclave designed to elevate modern living, said the Emirati developer in a statement. With the construction work nearly 61% complete, the project is set for Q4 completion, it stated.Unveiling the big UAE plan, CEO Ali Jaber said: "The UAE’s real estate market continues to present incredible opportunities, and we are proud to contribute to this dynamic sector while honoring our family’s legacy." Rooted in the cultural fabric of Ajman, the company stands as a testament to family-business success in its second generation of leadership, he stated. The company’s growth remains deeply intertwined with the community’s progress, driven by a foundation of humility, vision, and an unwavering commitment to quality. "Our upcoming projects in Ajman and Dubai, reflect our commitment to providing world-class living spaces that resonate with our values of integrity, innovation, and excellence," remarked Jaber."The company’s robust performance is evident in its recent achievements, with 800 units sold in the last month alone," he stated.Some of the most coveted penthouses and their signature Atmosphere Collection are now available for those looking for the best in class offering from this branded residence. On Biltmore Residences Sufouh, Jaber said the response was overwhelming and had even exceeded their expectations with 65% of its units already sold out."This development encapsulates our vision for the future: elegant, sustainable, and community-centric living," he stated. With this strategic expansion, GJ Properties continues its mission to shape the UAE’s real estate landscape while staying true to its cultural roots and family-driven ethos with more projects upcoming in Ajman. Ajman, said Jaber, offers a compelling investment opportunity with its strategic location, affordable property prices, and investor-friendly regulations. The emirate has seen consistent growth in infrastructure and development, making it an attractive alternative to larger markets like Dubai and Abu Dhabi, he explained. "With high rental yields, a growing population, and ongoing urban development, Ajman stands out as a promising destination for real estate investors seeking long-term returns in the UAE," he added.