Officials at the event held to mark the significant milestone.

Dubai-based Al Habtoor Real Estate said it has achieved a major construction milestone at its luxurious residential project, The Residences, Al Habtoor Grand, with the completion of substructure works at the Jumeirah Beach facility in a record time.

The 49-storey tower in the heart of Dubai Marina features two- to four-bedroom apartments, townhouses and penthouses, all with private beach access. Each residence boasts breathtaking views of Dubai Marina and the Gulf, it stated.

The development aims to provide a sanctuary for leisure and wellness, featuring a rooftop swimming pool, recreation facilities, a fully-equipped gym, tennis courts, and jogging tracks, said Al Habtoor Real Estate.

Residents can enjoy abundant entertainment options, including a cinema room, library, and a dedicated play area for children.

Security and convenience are paramount, with 24/7 security, concierge services and valet parking ensuring a lifestyle of exclusivity.

An event was organised at the Al Habtoor Grand Resort to celebrate the significant milestone which was attended by 400 to 500 elite agents specialising in high-end developments and esteemed VIPs.