Real Estate

DXR Named Exclusive Agent for One by Preston Residential Tower in Dubai

DXR Named Exclusive Agent for One by Preston Residential Tower in Dubai

DXR secures exclusive sales rights for the Jumeirah Village Triangle residential tower as the developer targets regional investors.

DXR, a regional real estate brokerage, has been appointed as the exclusive sales agent for One by Preston, a residential development located in Dubai’s Jumeirah Village Triangle (JVT). The appointment covers sales operations across the UAE and broader regional markets as the project nears its launch phase. Project Details and Inventory One by Preston is a mid-rise residential tower developed by Preston Developments. The project consists of approximately 150 units, offering a mix of studio, one-bedroom, and two-bedroom apartments. The development also features 14,000 square feet of dedicated amenity space, including a fitness center, swimming pool, and landscaped outdoor areas. The appointment gives DXR full responsibility for the project’s inventory management, marketing strategy, and secondary market coordination. The brokerage will manage the sales lifecycle from the initial investor roadshows to the final handover of units to buyers. Regional Market Strategy The partnership targets high-net-worth investors across the GCC, specifically in Saudi Arabia and Kuwait, where demand for Dubai offshore real estate remains strong. JVT has seen a rise in secondary market transactions,…