KHK Real Estate Development (KHK) announced the launch of its new project, “KHK 31,” located in Dubai’s Al Warsan district, through a strategic partnership with On Plan Real Estate, aimed at strengthening luxury investment offerings in Dubai’s growing real estate market, Invest-Gate reports.
Eng. Khaled Karimeh, Chairman of KHK Real Estate Development, expressed pride in the company’s long-standing strategic partnership with Consultant Ahmed Al Dawla, Chairman of On Plan Real Estate, noting that the collaboration has delivered integrated milestones and a strong level of professional synergy. He emphasized that this partnership will continue across future projects, highlighting On Plan’s commitment, flexibility, and high professionalism as key factors behind its success.
Eng. Karimeh also highlighted KHK’s extensive professional legacy, pointing out that the company has obtained more than 180 completion certificates for major real estate projects, including 40 certificates for developments fully executed within the Al Warsan area under his direct supervision. He noted that this solid track record has helped shape a strong corporate identity, making KHK projects a preferred choice for investors seeking quality and reliability. He added that the company focuses on innovative business models that combine engineering precision with a clear investment vision to achieve attractive returns.
For his part, Consultant Ahmed Al Dawla, Chairman of On Plan Real Estate, stated: “We are proud to officially launch the ‘KHK 31’ (KHK 31) project, the newest icon in the portfolio of a developer boasting a solid legacy stretching back to 2002.”He confirmed that the project is registered and approved by the Dubai Land Department, offering competitive advantages that make it a unique investment opportunity. Prices start at AED 495,000 for studios and AED 795,000 for one-bedroom units.
Al Dawla added that the project offers three flexible payment options: full cash payment into the escrow account, a 50/50 plan, or an easy payment scheme consisting of a 20% down payment followed by 1% monthly installments until handover. He noted that handover is scheduled within 18 months, with expected returns ranging between 8% and 9%.
He further highlighted the strength of On Plan Real Estate as an Emirati company founded in 2019, which has grown into one of the leading real estate consultancy firms, earning hundreds of recognitions from major developers and building strong credibility in the market.
Meanwhile, Eng. Mohammed Al Khamisi, General Manager of KHK Real Estate Development and Al Hizami Contracting, stated that KHK 31 represents a qualitative addition to Dubai’s real estate sector, offering contemporary design and premium amenities, including infinity pools, modern gyms, and landscaped green spaces, making it suitable for refined living and long-term investment.