Forum Group to Hand Over Ultra-Luxury Villas in January 2019

• Villas will provide “the ultimate in seclusion and luxury,” says developer

Dubai, UAE:– Forum Group, the company behind the Mediterranean-style XXII Carat villas project, has announced that it will start welcoming its first residents in January 2019.

The ultra-luxury development, located on the Palm Jumeirah’s West Crescent, is a private beachfront gated community comprising 22 seven-bedroom villas ranging from 8,000 to 13,000 square feet. Featuring a selection of three distinctive styles – Emerald, Ruby and Sapphire – the villas offer residents a hotel-inspired lifestyle with space and seclusion, 24/7 concierge, large gardens and exclusive access to private beaches.

Launched in August 2015, the villas are currently on sale for between AED38m and AED 92m and the developer is in discussions to add projects across the city.

Anton Yachmenev, Managing Director of Forum Group, said: “Well-heeled buyers are on the lookout for modern and expertly appointed villas and we wanted to give them just that. We have a simple mission at Forum Group, which is driven by the belief that luxury is about more than just the address.

“There has been an unparalleled growth of significant personal wealth in recent years. We were keen to capitalise on this trend by offering developments that take luxury living to the next level.” The villas are furnished with high-end furnishings and fittings imported from France and Italy from brands such as La Cornue, La Cuisine Française, Devon&Devon and Miele. The standout features of the villas are the $1 million bathtubs, which have been carved from single pieces of Amazonian crystal by high-end Italian interiors specialists, Baldi. Weighing in at more than 10,000kg each, the raw crystals were shipped from Brazil to the Italy, where they were then hand-carved before arriving in Dubai.

Yachmenev said there had been an uptick in people buying high end properties in Dubai, which he believes is because of changes in the standards of luxury living.

He said: “A decade ago, Dubai was not a place to buy a home and settle down. It was transient and short term and wasn’t taken seriously as somewhere you might want to spend the next 20 to 30 years of your life.

“But that has changed, dramatically. There is now a trend of discerning buyers choosing a permanent home in Dubai.

“With an ever growing luxury real estate market, housing options in Dubai seem endless. New developments and projects are appearing virtually overnight, which dilutes the market. For this reason, more and more ultra-prime buyers are opting to invest in properties that offer a true sense of luxury, comfort and high quality.

“Buyers are making the important distinction between true luxury and aspirational luxury and that is a huge positive for us. They want something that stands out from the rest. XXII Carat villas are like no other project in Dubai and they offer some of the biggest gardens and the best views to be enjoyed anywhere in the city.

“Ultimately, XXII Carat promises a luxury lifestyle.”

-Ends-

About Forum Group

Forum Group oversees the full cycle of real estate development, from site selection to construction to management. Innovation and integration are key: each Forum Group project aims to embrace changing trends in real estate, with a focus on meeting, and indeed exceeding, client and user needs. The result is internationally renowned, high-end residential, commercial and office estates.

Forum Group is based in Dubai and plans to operate in several key segments of the real estate sector: affordable housing and elite mixed use projects; residential and serviced apartments and villas. Construction of XXII Carat began in July 2015 and is due for completion in the last quarter of 2017.

Official website | http://www.forum-gd.com  and http://www.22carat.ae/    

© Press Release 2018