Vincitore Palacio innovates housing in Arjan

A company called Vincitore Real Estate Development LLC is making a grand entrance into the city of Dubai with the Vincitore Palacio project, a 135 million AED residential community with a per-unit cost of 475,000.

Press photos of the 175-unit Palacio, built on a 200,000-square-foot piece of prime land in Dubailand’s Arjan district, show a C-shaped housing structure with a stunning pool and immaculate gardens filling a front courtyard.

Residents choose studio or one or two bedroom apartments with built-in kitchens and accessorized bathrooms, as well as a sun deck.

There’s round-the-clock security, with video intercom and security patrol services.

Visitors are welcomed by an elegant double-height designer lobby and ornamental façade, with custom-designed elevators.

Along with the 60-foot temperature-controlled swimming pool, residents enjoy a 12,000-square-foot leisure deck area, and a gymnasium with steam and sauna facilities.

It’s a community allowing residents to take in the local climate in comfort, get peace of mind in their homes, and generally “make a nest” in the urban environment of the city.

The Palacio also gets high marks on energy-efficiency -- a German company called TUV Nord has outfitted the buildings with energy saving features such as water-efficient equipment which can save up to 7.2 million gallons of water annually, and energy-saving LED lights, as well as an efficient central gas system.

Press announcements from August show the project got enormous attention from investors, and sold 90% of phase I in two months.

According to the company's leadership, the Vincitore Palacio was designed to provide affordable yet luxurious housing for residents, while keeping the city's sustainable energy requirements in mind, and in general, making the most of a good location.

“In today’s world, each square meter is worth a premium, especially when it is on a prime piece of land,” Vincitore Real Estate Development Founder and Managing Director Vijay Doshi told Gulf News Journal. “Therefore, intelligent use of space was our prime inspiration while designing Vincitore Palacio and it is aesthetically built not only to enhance the appeal of the development, but also to maximize space utilization.”
 
Doshi called the European design of the project “a classic ultra-modern development that reflects a European architectural pedigree.”

As for the location, Doshi said that Arjan offers high returns to investors.

“We believe that Arjan is to Dubai what Dubai is to the Middle East, and this is why we opted for this location for our initial project,” Doshi said, citing well-developed infrastructure, well-connected roads, lighted streets and lots of open space. “Its central location and easy access make it a premium residential community for ultra-modern, elite people in New Dubai.”

What might Vincitore do in the future?

“We are bullish about Dubai real estate and have a huge land bank in Arjan where we plan to develop our future projects,” Doshi said. “In fact, we have completed all legal requirements for eight land plots under Vincitore Real Estate Development and will soon announce our second project -- Vincitore Boulevard. Unlike the Vincitore Palacio which is a residential development, this one is a mixed-used project with residential and retail units located close to Miracle Garden.”