“Andalusia Group” acquires a plot of land in Majan to launch its residential project worth AED 175 million
The project is a part of a visionary expansion into Dubai’s burgeoning real estate market:
Dubai, UAE [Friday, 24 January, 2025] – Andalusia Group, the pioneering real estate developing company in Dubai, proudly announced the acquisition of a prime plot in Majan, Dubai, as part of its visionary expansion into the city’s burgeoning real estate market. This strategic move comes following the announcement of their Bottega project and aligns perfectly with Dubai’s ambitious growth plans, promising significant opportunities in a rapidly developing region.
Saleh Tabakh, Founder and CEO of Andalusia Group, stated that the Andalusia Group is poised to deliver a project that not only meets but exceeds market expectations, with strong support from government initiatives and a thriving real estate market.
“Our vision is to keep expanding within the luxury segment, offering high-quality, premium residences with spacious layouts and unique concepts. We see immense potential for boutique developers like us to thrive by tailoring projects and providing personalized attention to buyers.”, he said.
The upcoming project is already valued at AED 175 million, with plans to integrate branded, fully furnished apartments into Andalusia’s impressive portfolio. Majan, with its strategic location near Dubai’s city center and the new airport, presents an attractive area for development.
Tabakh highlighted the fact that Dubai’s favorable position as a global city with robust economic strategies makes it a natural choice for real estate developers to pursue their expansion plans. “Dubai’s real estate sector is witnessing a remarkable surge, with a 56.6% increase in transaction value compared to the previous year. Moreover, the government’s investment in infrastructure continues to create a fertile ground for real estate growth”, he noted.
“We also cannot ignore that the high demand and limited supply are poised to make this summer a particularly vibrant period for real estate enthusiasts and investors”, Tabakh added.
“As anticipation builds, the real estate community eagerly awaits the unveiling of Andalusia Group’s new Majan project—a testament to their commitment to luxury, innovation, and personalized real estate solutions”, Tabakh concluded.
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*About “Andalusia Courtyard” for Real Estate Developing:
“Andalusia Courtyard” for Real Estate Developing, based in Dubai, was established in 2019 with the aim of attracting Saudi investments and financial portfolios, for commercial and service investment to the United Arab Emirates.
The group succeeded in attracting a number of Saudi shareholders, and developed its first projects, which is the “Andalusia Courtyard” shopping complex in the Emirate of Dubai.
The group includes a number of companies specialized in real estate development, maintenance, asset management, commercial investment, retail stores, general investments and real estate financing.
Moreover, Andalusia Courtyard acts in restaurant business, as it seeks “franchises” from global restaurants, as well as the management of the assets developed by the company and providing the majority of administrative, engineering, and commercial services internally.
Through a legacy of excellence in real estate development, “Andalusia Real Estate” continues to craft unrivalled living experiences, and its projects are characterized by their superior quality & innovative designs & commitment to luxury.