Appetite for off-plan properties to remain strong in Dubai

Acube Developments will self-fund the 23-storey VEGA tower in Dubai Sports City, as stated by Chairman and Managing Director Ramjee Iyer. In an interview with Zawya Projects, Iyer highlighted that the demand for off-plan properties in Dubai remains strong, driven by innovative financing options and a dynamic investment landscape. On Monday, the company unveiled the AED 1.5 billion ($408.4 million) VEGA project, which is set to be completed by Q2 2027. Iyer also mentioned that Acube is in the final stages of appointing contractors for both the enabling and main construction works, with the entire project to be self-funded.