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PG Real Estate reveals $277 million investment plan to redefine luxury living in the UAE

According to the developer, all the future developments are being planned at prime locations such as Meydan, Dubai Island and Al Furjan, with construction set to begin in the coming months

PG Real Estate reveals $277 million investment plan to redefine luxury living in the UAE

PG Real Estate, a part of the Pure Gold Group, has announced plans to invest $277 million (AED 1 billion) in real estate developments in the UAE. The company aims to redefine luxury living and elevate urban landscapes with a series of pioneering residential, commercial, and mixed-use projects. These developments will be strategically located in key metropolitan areas and set new benchmarks in architectural excellence, sustainability, and community engagement. The investment follows the successful completion of their first project, PG Upper House, and reaffirms their commitment to pushing boundaries in the real estate sector.

According to Karim Merchant, the CEO of PG Real Estate, the latest addition to the developer’s portfolio is PG Maison at Al Furjan. Valued at AED 150 million, this residential property will feature only 80 exclusive units, with each floor only accommodating four residences, creating a serene and exclusive atmosphere.

“The luxurious two-bedroom apartments with study areas boast ensuite bathrooms, fully equipped kitchens, and versatile home offices. Residents of PG Maison will also enjoy resort-style living with access to a yoga studio, pools, and rooftop padel courts. These amenities are complemented by panoramic vistas, providing a truly luxurious living experience,” he explains.

The developer also confirmed that PG One Al Furjan, which was unveiled in late 2021, is progressing as scheduled for delivery by December 2025. The development features a standout feature in the form of one of the city’s most expansive infinity pools, making it a highly anticipated residential project.

Merchant further added that all the future developments are being planned at prime locations such as Meydan, Dubai Island and Al Furjan, with construction set to begin in the coming months.

Under its expansion plan, PG Real Estate is also adding a new vertical for real estate advisory services and developing a new F&B concept to diversify its offerings and stay ahead of the market curve.

“PG Real Estate is a boutique residential development firm that places a strong emphasis on customer satisfaction. We are committed to delivering projects on time and surpassing expectations. With our innovative mindset, we look forward to continuing to create groundbreaking residential properties that will influence the future of urban living in the UAE. Our investment in this market showcases our belief in its growth potential and our commitment to providing exceptional value to our clients and partners. From utilising advanced building technologies to incorporating green spaces and community facilities, our developments will exemplify our vision for a sustainable future,” concludes Merchant.