Dubai Asset Administration unveils Al Khail Gate Muhra – Information


Dubai Asset Management has announced the launch of Al Khail Gate Muhra – a new housing development in the heart of Dubai.

Al Khail Gate Muhra has three five-story apartment buildings that include modern studios and one- and two-bedroom apartments. The new development is a significant addition to Al Khail Gate, a self-contained, centrally located master’s community for families and professionals in Al Quoz.

Al Khail Gate Muhra Studios can be rented for Dh33,000 per year, one bedroom apartments are available for Dh45,000 and two bedroom units are Dh63,000. Some of the north-facing apartments have views of the Burj Khalifa and the Business Bay skyline. Dubai Asset Management also offers flexible payment terms for tenants, no commission, deferral programs for deposits and an additional free month of rent. All units are cooler-free and have sufficient parking spaces.

Ahmed Al Suwaidi, Executive Director of Dubai Asset Management, said, “We are excited to announce the latest addition to Al Khail Gate and contribute to Dubai’s vision of providing high quality housing in the heart of the city at competitive prices. It is designed to provide residents with everything they need to live a healthy and happy life and is an exciting addition to our well-designed master community. “

He added, “We are strategically aligned with the goals of the Urban Master Plan Dubai 2040, which focus on creating sustainable urban communities to raise the bar for happiness, promote wellbeing and provide quality living for residents . Our projects should strengthen Dubai’s position as a global travel destination for all nationalities and citizens, residents and visitors alike. “

Residents have access to the numerous amenities at Al Khail Gate, including outdoor and indoor gyms, sports fields, a running track, a community park, two supermarkets, restaurants, retail outlets, a mosque and a year-round calendar of events that promote social engagement.

Residents also have access to Dubai AM Life, a mobile app, to complete transactions, make inquiries or submit service requests. It gives more than 100,000 people the convenience and flexibility to make digital payments anywhere, anytime, and is part of Dubai Asset Management’s ongoing commitment to driving digital transformation in the real estate space.

From studios to three bedroom apartments ranging from 373 m² to 2,010 m², the Al Khail Gate master community offers modern, well-designed homes at competitive prices. It has a strategic location with easy access to major UAE highways such as Sheikh Zayed Road and is well served by public transport with buses that provide access to the Dubai Metro line.

Dubai Asset Management has also added Al Khail Gate Muhra to its summer rental campaigns, which are valid until September 30, 2021. The offers include a 10 percent discount on renting all types of equipment, monthly installments for annual contracts and a premium exemption of 2.5 percent on 12 monthly installments. New tenants can also take advantage of a 30-day deposit postponement, a 30-day early move-in, and up to a 30-day extension of the rental start date from the date of signing.

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Employee reporter