The 234 Apartment

Dubai- based property developer Invest Group Overseas (IGO) will invest Dh2 billion in new real estate projects over the next few years, its CEO said. The group on Monday launched Dh500 million freehold residential tower in Jumeirah Lake Towers , equipped with 440 units of one-, two-, and three-bedroom apartments and plans a couple of more residential projects by 2020, said Dr Anas Kozbari , CEO of IGO: "We handed over Polo Town Houses last year and now we are in the process of handing over last group of apartments from Polo Residences in Meydan. We have additional projects that will add Dh2 billion worth of our investments up to 2020. Two projects will be launched during the course of the years. They are more likely going to be residential towers ," he noted. Scheduled to complete in Q4 2020, the IGO 101 tower in JLT houses gym with showers and saunas, a health club and squash court, outdoor swimming pools , jacuzzi and sundeck with loungers overlooking the lake belo...

Monday 21 August 2017 Dubai- based developer Invest Group Overseas (IGO) has announced the launch of a new Dhs500m ($136.1m) tower in Jumeirah Lake Towers . Construction of IGO 101 is scheduled to begin in December and forms part of the firm’s plans to invest Dhs2bn ($544.4m) in projects in the build-up to 2020, IGO said. The 195m tower in Cluster K will include 39 floors with 449 one-, two- and three-bedroom apartments, a gym, health club, squash court, outdoor swimming pools , a sun deck, a kid’s play area and retail and food and beverage outlets. IGO managing partner and CEO Dr Anas A Kozbari said the project would target the “affordable luxury” segment. “We intend to increase the inventory and plug a much-desired gap in the market for premium homes at affordable prices ,” he said. The project is expected to be completed in the fourth quarter of 2020 and will add to IGO’s current Dhs.4.5bn portfolio of delivered projects including the Polo Residences and the Polo Townhouses in M...