Emirati Singer Fayez Al Saeed, the face of Sea Pearl, presented the project amidst huge fanfare at the exhibition and bought a residence for himself
Dubai: The Sea Pearl Ataköy – Istanbul, a 7-Star luxury project in Turkey, a venture of the leading Turkish property developer Kuzu Group, was received with huge interest from GCC investors at the recently concluded Cityscape Global 2015 in Dubai, UAE. The project was presented at the leading realty event by Fayez Al Saeed, famed Emirati singer and the face of Sea Pearl.
A joint venture between Kuzu Group and Qatari Diar Real Estate Investment Company, the Sea Pearl Ataköy is slated to be one of the most luxurious in Istanbul.
Kuzu Group showcased the luxury project at Cityscape for the second consecutive year, following its highly successful participation in 2014.
With an investment of US$ 2.7 billion, the Sea Pearl will comprise of 1,474 luxurious apartment units and a deluxe five-star hotel, high-end boutiques featuring global brands and lavish restaurants. Located on the banks of the Sea of Marmara in Istanbul, one of the most prestigious residential localities in the city, the Sea Pearl Ataköy will have high-end boutiques featuring global brands and lavish restaurants.
Commenting of the successful participation at Cityscape Global, Mr. Özen Kuzu, Chairman of Kuzu Group, said: “We are very pleased with the response the Sea Pearl Istanbul have received. The project has been a huge success, with great interest coming in from the GCC. A majority of the investment in Sea Pearl Istanbul has come from the Gulf. This is an exceptionally luxurious project, its location by the beach in the most premium locality in Istanbul only adds to its splendor. We are certain that the investors will enjoy the fantastic views and luxury living experience the Sea Pearl has to offer immensely.”
The Sea Pearl Ataköy is a highly impressive development set to redefine the very essence of luxury living. Spread across an impressive 128,000 square meters, the Sea Pearl Ataköy enjoys idyllic views of the sea while is at the same time highly central and accessible.
“Kuzu Group’s growth and success in the construction industry has been driven through sheer determination and hard work. Our motto is to be honest, hardworking, time efficient, and principled. Our aim is to achieve a better quality of life for the people and to fulfill the tasks on our part in the development of our country. Our hard work is also recognized by Forbes magazine; has labeled Sea Pearl as number one, between fifty projects worth investing in in Istanbul, based on price versus square meters, location, social activities and green areas the project captures. Also Engineering News Record magazine has listed Kuzu Group in the 250 biggest real estate companies worldwide. The project’s construction and sale process goes on at full speed, and 40 per cent of its first stage, which is planned for delivery on July 2017, has been sold, up to the present day.” Mr. Kuzu added.
The Sea Pearl Ataköy is established in a bustling central location near other hotels, shopping malls, schools, and hospitals, and will be five minutes away from Atatürk Airport, Ataköy Marina, and the ferry terminal.
The residential units will be built using high-quality materials, including an earthquake resistant piled raft foundation system, central floor heating, high-end built-in kitchens, and sound insulation between each flat. In the project, which has a construction area of 53 thousand 900 square meters, a pond area of 6 thousand 185 square meters and green area and walking trails of 33 thousand square meters, the unit price per square meter begins from 7 thousand 200 USD in average.