Dubai Holding Asset Management has marked a significant milestone with the groundbreaking ceremony for Lantana Hills, a premium community valued at AED 680 million. The development has been awarded to Group AMANA, a leading real estate company in the UAE.
What Lantana Hills Offers
The community will feature a range of amenities, including parks, playgrounds, and community centers. Residents will also have access to a private beach and a marina. The development is expected to be completed by the end of 2028, with the first phase set to be delivered in 2027. The community will be built on a 2.5 million square foot plot of land in Dubai.
The community is designed to cater to the needs of families and individuals, with a range of residential units, including apartments and villas. The development will also feature a range of retail and dining options, including restaurants, cafes, and shops. The community will be served by a range of transportation options, including buses and taxis.
The development is expected to create over 1,000 jobs during the construction phase, with a further 500 jobs created in the operational phase. The community will also feature a range of community facilities, including a school, a hospital, and a community center.
Group AMANA's Expertise
Group AMANA has a proven track record of delivering high-quality residential and commercial projects in the UAE. The company has delivered several high-profile projects in Dubai, including the Dubai Water Canal and the Dubai Mall. Group AMANA's expertise will ensure that Lantana Hills meets the highest standards of quality and design.
The partnership between Dubai Holding Asset Management and Group AMANA is a testament to the strength of the UAE's real estate sector. The partnership will see Group AMANA bring its expertise in project management and development to the project, while Dubai Holding Asset Management will provide its expertise in land acquisition and project finance.
The development is expected to be a major boost to the UAE's real estate sector, which has seen significant growth in recent years. The development is expected to create a range of economic benefits, including job creation and increased economic activity.
Groundbreaking Ceremony
The groundbreaking ceremony for Lantana Hills was attended by senior officials from Dubai Holding Asset Management and Group AMANA. The ceremony marked the official start of the construction phase of the project. The development is expected to be completed by the end of 2028, with the first phase set to be delivered in 2027.
The ceremony was also attended by representatives from the Government of Dubai, who praised the partnership between Dubai Holding Asset Management and Group AMANA. The partnership is seen as a major boost to the UAE's real estate sector, which has seen significant growth in recent years.
Future Plans
The development is expected to be a major success, with a range of economic benefits, including job creation and increased economic activity. The development is expected to create a range of opportunities for residents and visitors alike, including a range of retail and dining options, and a range of community facilities.
The development is also expected to be a major boost to the UAE's tourism sector, with a range of attractions and amenities available to visitors. The development is expected to create a range of economic benefits, including increased revenue and job creation.
