PC: Arabian Business
Kamdar Property Development, one of the premier family-owned developers in Dubai with a heritage of 40 years, has launched its first ever public investment undertaking, 105 Residences in the Jumeirah Village Circle (JVC). This is going to be a significant turnaround in its strategy for a developer which has so far focused entirely on private investment and personal portfolio developments.
The 105 Residences project consists of 105 units, which include studio, one-bedroom, and two-bedroom apartments, priced from AED 640,000. Directors Mahomed and Tazmeen Kamdar highlighted the company’s commitment to quality and punctuality, which have been guiding principles for the family business for decades.
“We are a family business, and we care deeply about attention to detail. There are plenty of developers across the UAE, but where we believe we stand out is in building properties that last generations and that are delivered on time,” said Mahomed Kamdar.
“Until now, our projects have only been offered to a limited number of private investors. We are glad to present to the open market the same level of quality that they have experienced and enjoyed by private investors thus far,” Tazmeen Kamdar added.
Superior Amenities and Prime Location
Premium amenities are incorporated into the design to enhance the living experience. These include a rooftop open-air cinema, swimming pool, fitness studio, multi-purpose sports court, barbecue area, and a children’s play area.
Strategically located in JVC, a desirable neighborhood within Dubai, with accessibility and affordability, this property stands as a prime offering. In this regard, residents would have easy access to the retail and entertainment hubs since locations such as Mall of the Emirates and Dubai Hills Mall are just a 10-minute drive away.
Andrew Cummings of Savills Middle East commented on the attractions of the project, saying: “JVC is an attractive destination and still extremely value-for-money compared to most of Dubai. Coupled with best-in-class amenities and the reputation of Kamdar, this development should be very popular among investors and end-users.”
Fully Funded Development with a Vision for Growth
Kamdar Property Development is fully funding the project and has hired the real estate consultancy firm Savills to support the launch of the same. The company is also using sustainable construction techniques, as a testament to its commitment to long-term quality and environmental responsibility.
This project signals Kamdar’s larger growth vision, which will continue to launch public projects in 2025, giving investors and residents a chance to benefit from the company’s experience and reputation for excellence.
105 Residences marks a crucial point in Kamdar’s history as the developer enters a new chapter of bringing premium quality properties to the wider market.
