Tarrad Development has announced the launch of three new residential projects in Dubai as part of its distinguished series of projects. 

The first project, Celesto 1, is coming up at Dubailand, while its other two projects - Celesto 2 and Celesto 3 - featuring 500 fully furnished residential units, are strategically located on Sheikh Zayed bin Hamdan Street.

The official announcement was made during a special event organised by the company recently in Dubai which was attended by prominent dignitaries, senior local and international investors, representatives of real estate companies, banks, real estate brokers, and professionals from across the UAE’s property sector.

The Celesto 1 has witnessed an overwhelming investor response clocking 100% sales following strong demand since its initial launch. 

Tarrad Development said construction and development works are progressing as per schedule, with the project’s escrow account now fully funded and officially approved.

On its other two projects, Tarrad Development said Celesto 2 and Celesto 3, which represent an extension of the company’s development vision, will together boast more than 500 fully furnished residential units featuring modern designs as well as world-renowned branded appliances, and integrated facilities. 

As an introductory offer, the developer is providing flexible payment plans for its clients.

"The Dubai real estate market today represents one of the most attractive and stable markets regionally and globally, thanks to the stimulating investment environment, advanced infrastructure, and flexible legislation that encourage innovation and sustainable growth," said its Chairman Saeed Tarrad.

"At Tarrad, we believe that the current phase holds exceptional opportunities for local and international investors, especially in light of the increasing demand for residential projects of high quality," he added.

Tarrad Development affirmed that the launch of the three projects reflects its strong confidence in the Dubai real estate market and aligns with its expansion strategy aimed at providing quality real estate products that meet the aspirations of local and international customers and investors, reinforcing its position as a partner in the Dubai urban renaissance plan.

The next phase will witness the announcement of new achievements and additional projects under development, in light of the growing demand for real estate in Dubai and the increasing confidence of investors in the local market, stated Tarrad.

"Our launch of the Celesto series in Dubai aligns with this vision and embodies our commitment to delivering projects that provide true value and integrated communities that meet the aspirations of the new generation of investors and residents in the emirate," he added.-TradeArabia News Service