Dubai’s Booming Real Estate Market
Dubai’s bellowing real estate space greets a newbie to the market as AMWAJ Development progresses with the launch of Starlight Park in Meydan.
Set to be a four-building family-centric community in District 11, the company plans to develop over 1.5 million square feet of new residential projects by 2024 and over 2 million square feet of construction by 2025.
Starlight Park Details
The new four-building, five-floor freehold community presents 172 apartments, including 1-, 2-, and 3-bedroom units. Comprehensive living and community spaces are designed to create exceptional living experiences through cutting-edge invention, high-quality finishings and materials, and ample resident luxuries dedicated to each building.
The completion date and handover of Starlight Park are set for the second quarter of 2026.
AMWAJ Development’s Approach
“AMWAJ Development is excited to introduce Starlight Park as its first real estate project in the UAE and is the culmination of more than 11 years of development expertise in Europe and the Middle East,” said Emad Saleh, Founder and Chairman of AMWAJ Development. “Our design approach for this community was to create affordable, large, liveable spaces with high-quality finishes and materials that deliver a level of comfort and style reserved for high-priced premium apartments. We wanted to create that sense of elevation using contemporary design, carefully selected materials, and our extensive international track record of delivering a truly unique living experience in the heart of Dubai.“
Apartment Features
All units at Starlight Park have committed parking spots, built-in TV consoles in the living room, built-in sideboards and wardrobes, and a custom-designed wall element in the main bedroom. The apartments are equipped with white goods from Italy, including a gas oven and stove, cooker hood, microwave, dishwasher, refrigerator, clothes washer, and dryer.
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Future Plans and Growth
“Dubai’s real estate market has been increasing over the last three years, and we feel it is time for us to establish a strong base in this market, which is expected to continue its growth trajectory for many years. Starlight Park is the first of several new projects we plan to develop with our existing land bank and through acquiring new plots in Dubai’s most popular areas,” said Murad Saleh, CEO of AMWAJ Development.
Amenities
Residents of Starlight Park will enjoy dedicated amenities in each building, which include a common outdoor garden oasis, a rooftop pool, fitness studio, rooftop cinema, indoor/outdoor kids’ play areas, yoga and boxing studios, paddle tennis, EV charging stations, and a resident’s lounge.
Mission and Values
“AMWAJ Development’s mission is to redefine Dubai’s mid-market residential segment by delivering innovative and eco-friendly communities that set new standards for living excellence,” said Aida El Shahabi, COO of AMWAJ Development.
“Residents of Starlight Park will enjoy peace of mind knowing that we continue to serve them after handover by offering after-sales services such as maintenance and enhancement through interior design and customization. Our facilities management arm will continue to ensure the optimum operation and care for the community, including building and facilities maintenance, hygiene, landscaping, security, and utility management.
Dubai’s Growth and Stability
“Dubai is not just a city; it’s a beacon of stability and growth in the global economy,” said Hassan Hijazi, Group CFO of Amwaj Development. “Thanks to the visionary leadership of H.H. Sheikh Mohammed Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE, and Ruler of Dubai, the city has become a haven for investors worldwide looking for secure and dependable investments.“
Pricing and Payment Plans
Apartments can be purchased on a payment plan, with 60% of payments made during construction and 40% made on handover. Units will be available in one-, two-, and three-bedroom configurations, starting at $269,209 (AED 988,000).
