Reportage Properties, the prominent UAE real estate developer, has finalized construction in the “Rukan Tower” project located in Wadi Al Safa – Dubai Land, Invest-Gate reports.
A celebratory event was recently held at the “Rukan Tower” premises to commemorate the project’s completion and unit handovers, graced by Aref Al Khouri, Managing Director of Reportage Properties Group, and a substantial clientele.
Comprising three interconnected towers, the “Rukan Tower” project offers approximately 608 residential apartments featuring diverse designs and varying sizes. Nestled within Rukan Lofts, the development encompasses shopping centers, cycling paths, and a holistic lifestyle experience.
Reportage Properties reiterated its commitment to adhering to project timelines, reinforcing investor trust in the company’s ventures and the broader UAE real estate market. The successful culmination of the “Rukan Tower” project and unit deliveries marks a significant milestone in their portfolio, showcasing a track record of timely project completion and handovers.
Situated in a prime location near prominent Dubai landmarks, the “Rukan Tower” boasts amenities such as swimming pools, jogging tracks, covered and open parking spaces, gardens, private barbecue areas, a gym, 12 elevators, and a mosque, among others.
The company affirmed its upcoming handover of several new real estate projects in the UAE, underscoring its leading presence in both the UAE real estate market and regional sectors. Recent milestones include the timely completion and handovers of projects like Oasis Residence 2 in Masdar City, featuring around 304 residential units, following the successful delivery of Oasis Residence 1 in Masdar City last year, as well as the handover of the Al Raha Lofts project in the Al Raha Beach area of Abu Dhabi.
Additionally, Reportage Properties has concluded the initial phase of the Rukan Lofts project in Dubai Land, developed in collaboration with Continental Investment Company. Notably, the company achieved sales amounting to AED 3.7 bn ($1 billion) in 2023, showcasing a remarkable growth rate exceeding 60% compared to AED 2.3 bn in 2022. Sales for the first half of the current year have already surpassed AED 3 bn.