Dubai tower sells out in the hour of launch

Maya V, a residential tower by real estate developer London Gate, sold out within an hour of its official launch on Wednesday. The 102-unit tower, coming up in Jumeirah Village Triangle, is scheduled for completion in the fourth quarter of next year.

London Gate revealed plans for its flagship ventures including Marina 106, Nadine I & II and Maya V, which will be situated in coveted Dubai locations.

Recent studies from the UAE real estate market suggest that by 2026, there are 1,800 new units expected in New Dubai, while Central Dubai will see 1,900 upcoming units in the same timeframe.

“Dubai is an unparalleled destination for top-tier real estate ventures. At London Gate, our vision is to redefine and revitalize the city's iconic skyline and property landscape, thereby establishing new thresholds that transcend industry standards. Our unwavering commitment lies in not only meeting but exceeding the ever-evolving demands of the market. Our developments will cover Dubai's prominent hotspots and will deliver one of the tallest buildings overlooking the Dubai Marina, one-of-its-kind branded residences, along with extraordinary residential spaces across Dubai land and Jumeirah Village. We aim to create an enduring legacy through our relentless pursuit of exceptional quality, unparalleled style, and a culture of continuous innovation. London Gate is poised to become synonymous with excellence, setting a new paradigm that reshapes the narrative of luxury living in Dubai,” said Eman Taha, CEO of London Gate.