Dubai Real Estate Update: Phase 3 of The Orchard Place Launched in JVC by Peak Summit Development
Monday, 19 May 2025
Peak Summit Development has officially launched Phase 3 of its highly-anticipated residential project, The Orchard Place, located in the heart of Jumeirah Village Circle (JVC). This new phase promises an elevated standard of luxury living, redefining urban lifestyles in Dubai.
Key Highlights at a Glance:
- Private Pools in Apartments: A rare feature in Dubai’s real estate market—one- and two-bedroom apartments now come with private pools, offering resort-style living at home.
- Luxurious Penthouses: Penthouses include expansive terraces with private pools and panoramic city views.
- European-Inspired Interiors: Interiors blend elegant European design with functional, high-end layouts.
- Community-Centric Living: Spanning five central plots in JVC, the project integrates green spaces and recreational facilities, ideal for families and individuals alike.
- Proximity to Key Dubai Landmarks: Residents enjoy quick access to Palm Jumeirah, Dubai Marina, and Downtown Dubai, all while living within JVC’s lush, green surroundings.
- Successful Track Record:
- Phase 1 completely sold out.
- Phase 2 construction ahead of schedule, with Tower A structurally completed—a key milestone.
- Developer Vision:
“We aren’t building square metres, but living spaces and communities,” said Sergi Voronovych, CEO of Peak Summit Development.
“This project reflects our commitment to sustainable and sophisticated urban development in Dubai.”
Part of a Prestigious Portfolio
The Orchard Place is part of Peak Summit’s growing luxury portfolio, which includes:
- The Place Collection – exclusive beachfront villas on Palm Jumeirah.
- Meydan Horizon Branded Residency – an upcoming upscale community.
Total Portfolio Size: 1.9 million sq. ft.
Under Development: 500,000 sq. ft.
