DUBAI, UAE - Abou Eid Real Estate Development, a renowned family developer with 35 years of successful residential experience in Lebanon and Turkey, is now expanding into the Dubai market with a Dhs70 million (US$19.1 million) project, Celia Residence.

This new project offers a range of studio, one- and two-bedroom flats equipped with smart technology to meet the lifestyle needs of contemporary society.

Abou Eid Real Estate Development has a strong reputation for developing quality flat and villa complexes and has a long track record of success, delivering over 2,000 residential units and over 15 villa complexes in two highly competitive real estate markets.

We are proud to enter the Dubai real estate market with our first project," said Hussein Abu Eid, Chairman and Founder of Abu Eid Real Estate Development Company. "The ambitious vision behind Celia Residence is to develop a bespoke, sophisticated contemporary design statement with precise and intuitive architectural design for those looking for smart living. Whether you are looking for quiet privacy or public activities close to home, this residential project has been conceived to meet all lifestyle needs. Our commitment at Abou Eid Developments is to provide high quality homes at an affordable price and we are confident that our project will do as well in this market as it has in Lebanon and Turkey."

The Celia flats, due for completion in 2024, will be housed in a new stand-alone development of 111 flats, including 64 studios, 39 one-bedroom flats and eight two-bedroom flats.

Just a 10-minute drive from Dubai Hills Malls, Celia is strategically located in Dubai Studio City, a vibrant family community of over 22 million square feet that connects residents to all corners of the city via Hessa Street. Designed to make it more attractive to end users and investors, Abou Eid Real Estate Development is offering a 5-year payment plan directly.

Dina Abou Eid, Managing Director of Abou Eid Real Estate Development, added: "Located in a prime location in Dubai, Celia now rises gracefully from its surroundings - offering everything one could possibly want in high-end living; all smart flats are equipped with high quality kitchen appliances, as well as a central gas system.Celia Apartments gives you the opportunity to make an affordable The opportunity to make an investment with a low threshold of Dhs422,000 for a studio flat and a return on investment of up to 10%."

Abu Eid Real Estate Development aims to leave a long-term legacy of quality homes around the world, starting with a brand new project in Dubai Studio City this year.

Please contact D&B Real Estate - the prestigious real estate agency in Dubai and exclusive representative of the Abou Eid project - to view floor plans and request further information on flexible payment plans.