Gemstone Real Estate Development has chosen Tamleek Real Estate Company to market and handle sales for its Kempinski Residences Business Bay development, reported Trade Arabia.
Gemstone is based in Dubai and is considered the property development arm of Al-Rajhi Holding Group, a prominent housing business in Saudi Arabia that also conducts business in building materials, real estate, contracting, infrastructure, and industry.
The project is expected to consist of luxurious furnished and fully-serviced services, overlooking Dubai’s iconic landmarks. It is projected to be completed by the final quarter of 2019.
CEO of Gemstone Federico Tauber stated that Kempinski Residences Business Bay will feature the highest standard facilities and provide a unique experience to owners, promising a lucrative return on investment.
He pointed to Tamleek’s firm reputation in the market in managing luxury residence sales, noting that the company is therefore expecting a solid investor response to this world-class property.
Tamleek’s CEO Brian Etemad also stated that investors will find that these properties are attractive to diverse range of tastes and requirements, according to Gulf Construction Online.