Dubai: Aurora Real Estate unveils AED155mn Hyati Residence Phase 2
Owing to the overwhelming response to its flagship project Hyati Residence, UAE-based boutique developer, Aurora Real Estate, unveils Hyati Avenue, located in Jumeirah Village Circle (JVC).
Construction has commenced on the Phase 2 of Hyati Residence, worth AED155mn, which will deliver a further 103 units and 19 townhouses, all targeted for completion in December 2019.
Cian Farah, CEO of Aurora Real Estate Development, commented: “Developments by Aurora cater to clients who appreciate attention to detail, quality design, and the introduction of high-quality finishes provided at an affordable price. Following the success of Hyati Residence, Hyati Avenue underscores our dedication to meeting customer preferences and we look forward to delivering another creative concept to the market. Each and every development undertaken by Aurora has helped us to evolve and grow as a company, contributing towards filling a growing market gap for high-quality products regardless of the price bracket.”
The 103 units will encompass 24,998sqm of built-up area while the townhouses will have 6,271sqm of built-up area, with studios ranging from 37.1sqm, one-bedroom from 87.3sqm, and a two-bedroom from 102sqm. Prices for an apartment will start from AED400,000.
Farah continued: “We are building off the success from Phase 1; we are trying again to do something creative and different in Phase 2. We have modified the designs, trying to be more contemporary. We have also taken into consideration energy efficiency for the project.”
Fact sheet: (in units)
- Studio: 10
- One-bedroom: 37
- Two-bedroom: 55
- Three-bedroom: 1