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Press Release

Press Release

 
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UCI announces Sell-Out of Phase One of Masyoun Gardens
Nov 13, 2016

Ramallah, Palestine - Nov 13 2016 - After just seven months of launching, Union Construction and Investment (UCI) is delighted to announce the sale of all residential units made available during the first phase of the Masyoun Gardens project, a residential complex with 64 units spanning a total built-up area of 3,000 square meters in Al Masyoun; one of the most desirable neighborhoods of Ramallah.

Eng. Khaled Al Sabawi, CEO and Vice Chairman of UCI, highlighted that these sales have been achieved much faster than expected. This reflects the success and innovative nature of the complex, the high demand for UCI projects and the high level of trust placed in the company by prospective customers. This trust is a result of UCI’s status as one of the largest construction and real estate development companies in Palestine, having steadily grown in this sector for more than 10 years and possessing a proven track record of delivering on its promises and providing highly desirable contemporary living solutions to its clients.

The Masyoun Gardens project includes four residential buildings in total, with each containing 16 modern apartments. These units are available in three separate size configurations: 130 m2, 140 m2 and 155 m2. All apartments provide three bedrooms, including a master bedroom with ensuite bathroom; a living room, two bathrooms, a balcony and a kitchen with a storage room. Apartments measuring ​​155 m2 enjoy an additional guest room.

Duplex apartments are also available as part of the Masyoun Gardens project, with areas of 301 m2, 298 m2, 274 m2, 266 m2, 251 m2 and 240 m2 all available. The living space of these apartments is divided across two floors, connected by an internal staircase built to a contemporary design and, as with all apartments in Masyoun Gardens, allocated parking is provided. Other shared facilities, including smart elevators, a public park, and other benefits are all included.

In continuance of its proud tradition of producing innovative and desirable real estate projects, and in seeking to provide luxury housing which is accessible to all segments of Palestinian society, UCI has employed the latest engineering designs and styles of construction in the creation of Masyoun Gardens, delivered in partnership and with the cooperation of leading construction and engineering consultancy firms. Al Sabawi recognizes that such efforts are essential if the high expectations of UCI’s clients are to be met and exceeded.

Given the high demand for the apartments released in the first stage of the Masyoun Gardens project, Al Sabawi anticipates swift completion of the sales process for those units which are now available in the second phase. Moreover, no down payment is required, with buyers able to secure their own property in this modern development through a direct installment system, consisting of monthly payments which start from just 490 JD ($690 USD), and covering a 10-year period. This offer - the first of its kind in Palestine - is a huge advantage, bringing home ownership within the reach of a wide range of buyers.

Al Sabawi is pleased to announce that all excavation work at the site of Masyoun Gardens has now been completed, and the physical foundations are now being laid. This strong momentum will be maintained throughout the full duration of the construction process and, as such, the project is on schedule to be completed in its entirety in the summer of 2018, with all apartments to be handed over to their new owners at this time.

 
 
 
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