INDIA-based Pacific Real Estate Development launched its first property venture in Dubai, the 28-storey luxury tower Pacific Waterfront in Tecom Media City.

The mixed-use development, which is due for completion in 2015, will feature plush amenities and a sophisticated design and will utilise solar technology for most of the building’s energy requirements.

“It will be the lowest maintenance residential luxury apartment to invest in,” said Parvez Khan, founder, Pacific Real Estate Development. “Everything starting from the walkways to the gyms to the lights in the building will be maintained through solar technology hence the residents will not be paying a heavy maintenance that they would do otherwise for most constructions here or in India.”

Khan said that Pacific Real Estate Development has a 100-per-cent completion record in India, is sufficiently capitalised and has the necessary resources to complete projects it has started.

“By 2015, we would have completed our first luxury property development in Dubai, and it will be first of many projects we envision for this market and the rest of the Middle East and North Africa (Mena) region as newer projects on tourism, education and healthcare are announced and completed, opening up anew a demand for residential and commercial development,” he added.