AUM99 Home Real Estate Development, operating under the umbrella of AG Properties, has officially launched its latest residential project, AUM 99 Residences, with a groundbreaking ceremony held at the site in Dubailand Residence Complex.
The development has already witnessed strong market response, with approximately 50 per cent of units sold shortly after launch. The early sales momentum comes despite ongoing global geopolitical challenges, highlighting continued investor confidence in Dubai’s real estate sector.
The project comprises 180 residential units, including studios, one-bedroom and two-bedroom apartments, designed to cater to both investors and end-users. The development is scheduled forcompletion by the end of 2028.
Hoodtech Electromechanical LLC is proud to be associated with AUM 99 Residences as the designated MEP contractor, responsible for executing all mechanical, electrical, and plumbing works. Leveraging its extensive experience and commitment to quality, Hoodtech aims to deliver advanced, reliable, and energy-efficient building systems that support the overall vision and excellence of the project.
Ahsan Ullah Qadri, a Canada-based investor, expressed optimism about Dubai’s property market, noting its resilience and long-termgrowth potential. He emphasized his confidence that the market will continue to strengthen in the coming years.
Muhammad Nazim Shahbandari, Director of AG Properties, highlighted the emirate’s proven ability to recover and maintain stability across market cycles. With over two decades of development experience in Dubai, he pointed to the company’s track record, including well-known projects such as AG Tower in Business Bay.
Located in one of Dubai’s rapidly growing residential hubs, AUM 99 Residences is expected to contribute to the increasing demand for modern, well-connected housing in Dubailand.
