Provident Real Estate awarded exclusive rights to launch and sell Habtoor tower

  • Date: 14-Jun-2023
  • Source: Gulf Business
  • Sector:Real Estate
  • Country:UAE
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Provident Real Estate awarded exclusive rights to launch and sell Habtoor tower

Provident Real Estate has been awarded the exclusive rights to launch and sell Habtoor Tower. This property by the Al Habtoor Group will be the first freehold property on Sheikh Zayed Road. At 81 stories high, the Habtoor Tower will have 1,701 housing units spread across 3.5 million square feet. The landmark project was announced by the master developer in May 2023. Al Habtoor Group said, the tower upon completion, will be one of the world’s in Dubai. Located in the heart of Al Habtoor City, the tower will stand tall with views of the Burj Khalifa, Dubai Canal, Meydan, and the Arabian Gulf waters. The developer has called it “a vertical city within the lifestyle destination of Al Habtoor City, reinventing lifestyle and shaping the future of urban living.” Provident Real Estate said the partnership with the Al Habtoor Group is due to its position as a leader in the market within the off-plan division. Provident’s chief executive officer, Loai Al Fakir said, “We are very excited to launch such an exceptional tower. This project fulfills every requirement from location, quality, amenities and comfort. The Al Habtoor Tower offers both a luxurious urban haven and a modern, contemporary place