Luxury Real Estate Development

Luxury Real Estate Development L.L.C., (LRED) was launched in Abu Dhabi in April 2006. The Company was formed to develop well designed, competitively priced real estate within the U.A.E Capital. Luxury is seeking development opportunities across the United Arab Emirates and future growth ambitions include expansion into neighbouring G.C.C. countries.

The Company is currently developing Mangrove Place, a residential building with a retail element on a prime plot within the master planned Sorouh's Shams Abu Dhabi Project on Reem Island.

The building offers skillfully planned and designed residential apartments with intelligent utilisation of space to maximize the investment return. The efficient planning and design allows Luxury and their exclusive sales agent LLJ Property to market units at more affordable prices than similar property types being developed by other companies within Abu Dhabi real estate sector. For the investor this means the oppurtunityto attract more competitive rental yields. Mangrove Place is located on the waterfront adjacent to the prestigious Sky Tower  - a future iconic landmark within Shams Abu Dhabi.