DHG Properties sees prime JVC project delivery in 2026
DUBAI, September 19, 2024
DHG Properties, a Swiss real estate developer renowned for its legacy of over three decades, has completed 15% of construction for its latest development, Helvetia Residences, in Jumeirah Village Circle (JVC).
This progress places the firm on track to deliver its project in Q2 of 2026 with more than 50% of the 430-unit development already sold.
Announcing the launch, the Swiss developer said Helvetia Residence’s infrastructure phase is set for completion by year-end.
Created by renowned European designers and Swiss architects, the development will meet the firm’s global standards of unparalleled quality that is seen across hundreds of projects in Europe, namely Switzerland and Serbia.
"Helvetia Residence is a milestone development for DHG. Marking our entrance into the UAE and rising as our flagship project in Dubai’s flourishing real estate market, the investment interest we’ve received, alongside our standard for continued excellence, are fuelling our construction efforts," remarked Miloš Antić, the Vice Chairman of DHG Holding & Founder of DHG Properties.
As an off-plan development, growing interest in Helvetia Residences aligns with recent market data that showcases a surge in activity across Dubai’s real estate market, he stated.
Last month, the total overall real estate transactions in the emirate reached AED 8.6 billion and the off-plan segment maintained its dominance; contributing AED5.93 billion, or 69.2%, of all activity.
In contrast, ready properties accounted for AED2.63 billion, equivalent to only 30.8% of the total transactions.
"While our focus remains on delivering Helvetia in a timely manner and in parallel to the quality of our developments overseas, we remain committed to bolstering Dubai’s overall landscape and Mena’s $3.9 trillion project pipeline with discussions for future developments underway and new projects set to be announced soon," he added.-TradeArabia News Service
