Provident Real Estate awarded exclusive rights to launch and sell Habtoor tower

Provident Real Estate has been awarded the exclusive rights to launch and sell Habtoor Tower. This property by the Al Habtoor Group will be the first freehold property on Sheikh Zayed Road.

At 81 stories high, the Habtoor Tower will have 1,701 housing units spread across 3.5 million square feet. The landmark project was announced by the master developer in May 2023. Al Habtoor Group said, the tower upon completion, will be one of the world’s largest residential towers in Dubai.

Located in the heart of Al Habtoor City, the tower will stand tall with views of the Burj Khalifa, Dubai Canal, Meydan, and the Arabian Gulf waters. The developer has called it “a vertical city within the lifestyle destination of Al Habtoor City, reinventing lifestyle and shaping the future of urban living.”

Provident Real Estate said the partnership with the Al Habtoor Group is due to its position as a leader in the market within the off-plan division.

Mohammed Al Habtoor, vice chairman and CEO of #AlHabtoorGroup, has officially signed with Loai Al Fakir, CEO of @providentagents as the exclusive launch and seller for #AlHabtoorTower, the world’s largest and most innovative sustainable residential building constructed by… pic.twitter.com/BnpbMDaTSw

— Al Habtoor Group (@alhabtoorgroup) June 14, 2023

Provident’s chief executive officer, Loai Al Fakir said, “We are very excited to launch such an exceptional tower. This project fulfills every requirement from location, quality, amenities and comfort. The Al Habtoor Tower offers both a luxurious urban haven and a modern, contemporary place to call home, offering something for everyone.”

#AlHabtoorGroup revealed earlier today its newest #MegaProject “Habtoor Tower”, one of the largest and most innovative residential tower in the Middle East, with 81 floors and 1,701 housing units.
The magnificent new tower, with ultra-luxurious living facilities, will be built in… pic.twitter.com/6GTGoAE1kr

— Al Habtoor Group (@alhabtoorgroup) May 11, 2023

At the time of the project’s launch, the developer said, “The Habtoor Tower will be built using innovative construction techniques, high-quality metal and steel which would make it one of the quickest towers to be built in the city.” It is scheduled to be completed within three years. , which would be a “record time”, said Khalaf Al Habtoor, founding chairman of Al Habtoor Group.

“As a former builder/contractor, I am excited to be driving the first piles of the project into the ground and revealing some of the novel technical details of the construction techniques used in the Habtoor Tower, and very proud that it will be delivered at the highest quality in record time,” he said.

Prices start at Dhs2m with handover predicted for 2026 as the off-plan property is currently in its first phase of development.

Habtoor Tower features

The Habtoor Tower will offer a range of amenities from fully equipped kitchens, maids’ rooms, floor-to-ceiling windows, and vast balconies with stunning views of the Dubai skyline.

The tower is located in the heart of Al Habtoor City, and residents will have access to luxury hotels, dining, retail outlets, and entertainment options, in the neighbourhood.

The developer had announced the appointment of China Railway 18th Bureau Group as the main contractor for the Habtoor Tower.

Read: Al Habtoor Group unveils new mega residential projects valued at Dhs9.5bn