The Downtown Dubai tower Phase 1 has sold out, according to Devmark

The 52-story residential project Society House, developed by Dubai-based Invest Group Overseas (IGO) and The Devmark Group, a top real estate project sales and marketing consultancy in the UAE, has announced the full sell-out of Phase 1. Society House is situated on one of the last available plots in Downtown Dubai.

According to a release from Devmark, the project’s official master agent for sales and marketing, The Society House is a precisely designed building that mixes contemporary architecture to breathe distinctive life into the city’s most prominent address.

Along with other important amenities, it provides a range of residential options, including completely furnished studio, one-, two-, and three-bedroom apartments.

Each unit has been deliberately built to promote spacious living and offer expansive views of the city through the floor-to-ceiling glass windows, it said. It embodies a combination of sophistication, creativity, and sustainable design principles.

The residential tower provides a variety of services and amenities to accommodate the various lifestyles of its occupants. workout buffs will value the top-notch workout studio and fully equipped outdoor CrossFit box.

Golf fans, on the other hand, can polish their swing in the cutting-edge golf simulator. The residents’ lounge will act as a gathering place for socializing and unwinding. For purchasers and tenants looking for a work-from-home solution, the addition of co-working spaces and meeting rooms adds a great deal of value, it continued.

On the partnership, The Devmark Group CEO Sean McCauley said: “Our collaboration with IGO on Society House extends beyond a typical partnership; it reflects trust and synergy between our organizations.”

“The launch of Society House marks our third partnership with IGO, and it has proven to be one of the most successful launches of the year. Our extensive broker network has enthusiastically embraced this project, which is a product the market wants and needs. With reasonable ticket prices, a downtown address, and a post-handover payment plan, we have created the right recipe for achieving sales success,” he stated.

Devmark has begun selling Phase 2 homes, with full completion set for 2025.

“Leisure and entertainment are well catered for, with a horizon deck offering breathtaking views of the Dubai skyline, a 25-m lap pool, paddle courts, and a private cinema. Additionally, a dedicated children’s play area ensures that residents of all ages have many recreational opportunities,” noted McCauley.

At a prestigious event held in the opulent Atlantis Hotel Ballroom, Society House was introduced, drawing considerable interest from Devmark’s enormous broker network. The highly anticipated development’s unveiling in front of more than 2,000 agents only served to heighten interest in and excitement about Society House.

IGO Founder and Chief Executive Dr Anas Kozbari said: “We are delighted to collaborate with Devmark once again to introduce Society House, the epitome of luxury living, in the coveted setting of Downtown Dubai. Society House is set to become a distinguished icon within the city, and our unwavering commitment to quality, luxury, and sustainable practices is evident in every inch of its innovative design.”

After purchasing the property in March of this year, the IGO team put in a lot of effort to complete this project in a record-breaking 90 days.

“Our experience and proven track record provide a sense of comfort and confidence among buyers. We are building on the success of our future collaborations with Devmark, including Catch Residences, which is now fully sold out and The Paragon, which is nearing complete sell-out,” he added.

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