JLL signed up to sell Jumeirah Village residential project units
DUBAI, June 14, 2021
JLL, a leading professional services firm that specialises in real estate and investment management, has signed an exclusive mandate to sell residential units in ZāZEN One, a new residential development in Dubai’s Jumeirah Village Triangle (JVT).
Perfectly positioned in the heart of new Dubai, ZāZEN One is just 10-15 minutes away from chief attractions such as Mall of the Emirates and Dubai Marina.
Amenities offered include a temperature-controlled swimming pool, fully-equipped indoor and outdoor gym, 350-m jogging track, community garden, kid’s play area, rooftop deck and barbeque area, resident’s lounge and private study area with Wi-Fi.
ZāZEN One is a Trakhees Leed certified green building, with solar panels helping to reduce the buildings’ energy consumption by up to 25%, stated Will McKintosh, the Senior Director and Head of Residential & Investment Transactions, Mena at JLL, after signing the agreement with Madhav Dhar, the co-founder and COO of ZāZEN Properties.
"ZāZEN One is a unique proposition, offering contemporary amenities, typically found in large communities, within a single building. It plays host to an array of attractions, both within and around the development, a feature increasingly sought out by potential buyers," he stated.
Construction work is moving at a steady pace on ZāZEN One which is scheduled to be completed in December. The handover of the residential units is being planned for end of January nexty year.
"We are excited to be working alongside JLL, a partner who shares our values to deliver the best and smoothest experience with our customers. With this partnership and launch, we aim to build trust in our brand and offer a contemporary style of community living experience, in-line with Dubai’s vision 2040," remarked Dhar.
"We are kicking off this partnership with our flagship project, ZāZEN One, carving out niche living spaces in the vibrant and established JVT community, he added.
According to JLL, post Covid-19, the trend within the residential property market has shifted from an investor-driven market to an end-user market, given the recent government measures with regards to long-term residency visas in the UAE.
"This has led to buyers increasingly looking for more space, low density projects across areas like Jumeirah Village Circle and JVT - exactly what ZāZEN One is offering," remarked McKintosh.
"With more people spending time at home in the current environment, we expect an increasing number of projects like ZāZEN One to be introduced to Dubai’s property market," he added.-TradeArabia News Service
