UGANDA, Nakasero | Real Muloodi News | VAAL Real Estate, a Turkish/Egyptian-owned luxury real estate company with a global presence, including Kenya, the United Kingdom, Ghana, and Turkey, has marked its entry into the Ugandan market with the grand unveiling of Cadenza Residences.
This iconic project, located in the upscale Kampala neighbourhood of Nakasero, was introduced to select guests and A-listers at the Kampala Serena Hotel on Wednesday, March 28th, 2024.
Among the attendees were David Bahati, the Minister of State for Industry in the Ministry of Trade, Industry, and Cooperatives, Mr. Islam Mohammed, the VAAL Uganda CEO, and Majeed Saad, CEO of VAAL Real Estate Group.
Cadenza Residences, standing at 24 storeys and 80 meters high, with 250 homes available in studio, 1-bedroom, 2-bedroom, and penthouse configurations, promises to redefine luxury living in Kampala.
Set to be completed in July 2027, this architectural masterpiece is described as a symbol of elegance and sophistication.
Nestled at the confluence of Plot 1 Katonga Road and Sezibwa Road, Cadenza Residences enjoys a prestigious address in the vibrant heart of Nakasero.
According to VAAL Real Estate, the strategic location of Cadenza Residences offers residents easy access to key landmarks such as the Parliament of Uganda, the State House, the United Nations office, and various embassies, ensuring both security and prestige.
Additionally, residents will have proximity to essential amenities including the Uganda Golf Club, shopping malls, schools, and hospitals.
The luxury homes at Cadenza Residences boast a plethora of amenities meticulously designed to cater to the diverse tastes of residents.
These amenities include a heated swimming pool, children’s play area, CCTV surveillance, a fully equipped gym, a business area, a games room, a full backup generator, a BBQ area, a steam and sauna facility, as well as a reception zone.
Each unit will be cable TV and internet ready, feature a video intercom, and be serviced by high-speed lifts.
The pricing for Cadenza Residences varies based on the unit type, with studios starting at USD 89,200, 1-bedroom homes at USD 128,600, and 2-bedroom homes at USD 253,500.
Prospective buyers are required to make a 15% downpayment and another 15% within a month to secure a sale agreement, with the remaining 70% payable in 12 equal instalments.
VAAL Real Estate, with over 20 years of experience in the industry, aims to deliver Cadenza Residences on time, leveraging its expertise and commitment to excellence.
The company prides itself on not only developing luxury properties but also offering letting & management services, feasibility studies, and brokerage services.
Majeed Saad, CEO of VAAL Real Estate Kenya, highlighted the company’s dedication to providing unparalleled real estate solutions, emphasizing its reputation for delivering luxury residences that redefine architectural brilliance.
He expressed confidence in VAAL Real Estate’s ability to become Africa’s premier real estate developer.
Speaking at the unveiling event, David Bahati, the Minister of State for Industry, welcomed VAAL Real Estate to Uganda, emphasizing the country’s growing housing needs and population growth projections.
He underscored the opportunity for VAAL Real Estate to contribute to addressing the housing deficit and capitalizing on Uganda’s favourable investment environment.
In partnership with a Ugandan family enterprise, VAAL Real Estate aims to establish long-term relationships with clients and contribute to the growth and development of Uganda.
Islam Mohammed, the VAAL Uganda CEO, expressed gratitude for the warm reception from the Ugandan people, emphasizing the company’s commitment to achieving success and leaving a lasting legacy.
As VAAL Real Estate embarks on this new chapter, it envisions becoming Africa’s top real estate gateway, providing trust, stability, security, and high returns to investors.
The company aims to start up to six projects across Uganda in the next three years, with investments ranging from USD 25 million to USD 30 million.
Nine Compelling Reasons to Invest in VAAL Real Estate’s Cadenza Residences
Leading Real Estate Developer
VAAL Real Estate boasts over two decades of experience and a proven track record of delivering luxury residences, making it a trusted name in the industry.
Prestigious Address
Situated in the vibrant heart of Nakasero, Cadenza Residences offers residents a prime location near key landmarks and amenities, ensuring both security and convenience.
Architectural Brilliance
Cadenza Residences is celebrated for its innovative design, blending contemporary aesthetics with timeless elegance to create a harmonious living space.
Harmonious Design
Each apartment at Cadenza Residences is meticulously crafted to provide a seamless blend of luxury and functionality, offering residents an unparalleled living experience.
Premier Finishes
The residences feature high-quality European contemporary interior finishes and carefully selected fittings, ensuring superior quality and aesthetic appeal.
Enchanting Views
Residents can enjoy breathtaking panoramic views from private balconies and terraces, creating a serene personal oasis amidst the bustling cityscape.
Luxurious Amenities
Cadenza Residences offers a wide range of amenities, including a heated swimming pool, children’s play area, gym, business area, and more, enhancing the lifestyle of residents.
Thriving Community
With a vibrant and inclusive community, Cadenza Residences fosters a sense of belonging and camaraderie among residents, creating a welcoming environment for all.
Masterpiece Investment
VAAL Real Estate’s commitment to providing a superior lifestyle ensures a steady income stream for investors, making Cadenza Residences a sound addition to any investment portfolio.
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