Asteco to lease ‘48 on Burjgate’ luxury tower

Leading regional real estate services firm, Asteco Property Management, has been appointed the sole leasing agent for new luxury residential project, ‘48 Burjgate’, a prestigious location on Sheikh Zayed Road in Dubai.
A high-rise development occupying two towers, the soaring structure occupies a prime position adjacent to the Dubai Mall metro station, offering direct access to the Dubai Mall.
One tower will offer five-star hotel luxury under the Sofitel brand, and is set to open in Q1 2014, while the 48-story residential tower will be home to a collection of 182 upmarket apartments and Grade A office space.
“This is one of only a select few projects located on the in-vogue and much sought after Sheikh Zayed Road corridor, especially with young white collar professionals,” said Sean McCauley, director — agency, Asteco Property Management.
“Tenants will be able to move into a brand new apartment, with five-star hotel services on their doorstep as well as direct access to the world’s largest retail and entertainment destination — the Dubai Mall; making this the ultimate lifestyle statement,” said McCauley.
As one might expect, the apartments also all come with spectacular views of Burj Khalifa and the Dubai Fountain, or the Arabian Gulf and Jumeirah Beach coastline, and are equipped with high-end Siemens’ white goods including fridge, cooker, washing machine/dryer and microwave.
Available immediately for leasing, prospective tenants will have the choice of 182 apartments including studio, one, two and three-bed units with an additional selection of four-bedroom duplex units.
The apartments range in size from 400 square feet up to 2,700 square feet, with annual rental rates starting from AED 65,000 for a studio up to AED 280,000 for a four-bedroom duplex.