AMWAJ Development unveils second project ‘The Cube Residences’ in Mohammed bin RashidCity, Dubai; focuses on Innovative Design & Advanced Technology

29th October 2024, Dubai, UAE: After the successful launch of ‘Starlight Park’, AMWAJ Development has
announced the launch of its latest innovative project – The Cube Residences, located in
the prestigious Mohammed bin Rashid City, District 11 in Dubai.

The new development spans a total land area of 15,070 square feet and features a creative
designed structure comprising abasement, ground floor, five
residential floors, and a rooftop area that
includes the pool. The project offers a total of 54 uniquely designed apartments, featuring 1- and 2-bedroom units that range from 708 sq. ft. to 1,695 sq. ft., providing spacious living
spacestailored to meet diverse needs in Dubai’s soaring real estate market.

“The Cube Residences is an amazing project that embodies
our commitment to innovative design and advanced technology,” said Emad Saleh, Founder and Chairman of AMWAJ Development. “Each apartment is fully furnished and equipped with advanced home automation systems, ensuring a seamless and modern lifestyle for our residents.”

The Cube Residences is designed with the modern resident in mind, featuring premium white
goods from renowned Italian brands,ensuring the highest quality and convenience.

“Dubai’s real estate market has been growing rapidly over the last few years and we felt it is time
for us to capitalize on the growingdemand for real estate in the UAE, we are excited to launch ‘The Cube Residences’
offering residents an unparalleled livingexperiences” said Murad Saleh, CEO of AMWAJ Development.

Residents will also enjoy a range of ground floor amenities including a co-working space, lounge
with coffee cart, concierge receptiondesk, and 24/7 security. Meanwhile, rooftop amenities include a fitness club,
sauna and showers, rooftop pool, and a gaming room equipped with billiard tables, arcade games, and more.

Innovative design and advanced technology are at the core of The Cube Residences, with the integration of smart home systems that offer seamless connectivity and enhance the living experience. “Our goal is to create a community that elevates the everyday lifestyle of its residents through convenience and cutting-edge technology,” said Aida El Shahabi, COO of AMWAJ Development.

The spectacular new development is strategically positioned just 15 minutes from Downtown
Dubai and Dubai Mall, and 20 minutesfrom Dubai International Airport, making it an ideal location for modern living.

The anticipated completion date for The Cube Residences is Q4 2026. AMWAJ Development is offering flexible payment plans, with 50% due during construction and 50% upon completion,
making this an attractive opportunity for potential buyers.
Additionally, buyerscan benefit from the Golden Visa program, applicable for purchases of AED 2,000,000 and above.

“As we embark on our second project in the UAE, we remain committed to delivering unparalleled value to our investors and residents,” added Hassan Hijazi, Group CFO of Amwaj Development. “Our focus on innovation and sustainability reflects the evolving needs of the market, ensuring that Amwaj continues to set new benchmarks in quality while delivering strong long-termreturns for our investors.

With competitive starting prices for the apartments are set at AED 1.2 million for the 1-bedroom units and AED 2.3 million for the 2-bedroom units, The Cube Residences represents an exceptional opportunity for investors looking to maximize returns
andhomeowners seeking quality living in a prime location.