Universal Multi-Purpose Enterprises, a real estate developer in Uganda, has officially handed over the Robin and Falcon Residence to its excited buyers. Located in Najjera, the development offers a range of affordable housing options, including one, two, and three-bedroom apartments.
The apartments are priced at 98 million Ugandan shillings for one-bedroom units, 153 million for two-bedroom units, and 175 million for three-bedroom units. According to Adrine Asingwire, Business Relations Manager at Universal Multi-Purpose Enterprises and Event Coordinator for the Universal Expo 2025, the handover marks a major milestone for the company.
“We are thrilled to hand over the keys to our excited buyers,” Asingwire said. “Robin and Falcon Residence is a testament to our commitment to providing quality and affordable housing in Uganda.”
The development’s strategic location offers easy access to hospitals, schools, and shopping centers. The development is also close to the Najjera market and the Flamingo shops, making it easy for residents to access shopping and entertainment options. In addition, the development is located near several schools, making it an ideal choice for families with children.
The development is also close to the Najjera police station, providing an added layer of security for residents. Asingwire noted that the development’s payment plan was designed to be flexible and affordable. Buyers were able to take advantage of a 24-month interest-free payment plan.
“For buyers who have not finished paying for their apartments, we are offering an option to secure financing through our partner banks,” Asingwire said. “This will allow them to complete their payments and move into their new homes.”
The partner banks include Housing Finance Bank, DTB Bank, dfcu Bank, and Stanbic Bank, among others. Asingwire encouraged interested buyers to visit the development’s sales office to learn more about the payment options and to take advantage of the current prices.
The handover of Robin and Falcon Residence coincides with the Universal Expo 2025, a premier event that brings together industry leaders, investors, businesses, and professionals to explore opportunities in real estate, construction, finance, technology, and more.
The Universal Expo 2025 is taking place on February 22-23, 2025, at the Robin and Falcon Residence in Najjera. The event will feature client handovers and celebrations, exhibitions by financial institutions, industry showcases, networking opportunities, live demonstrations, and product launches.
“We are excited to host the Universal Expo 2025, which provides a platform for industry players to connect, learn, and grow,” Asingwire said. “The event also showcases our commitment to delivering quality and affordable housing in Uganda.”
Asingwire said that some apartments are still available for purchase at Robin and Falcon Residence. Prospective buyers can choose from one-, two-, and three-bedroom apartments, priced at 98 million Ugandan shillings for one-bedroom units, 153 million for two-bedroom units, and 175 million for three-bedroom units respectively.
“We are excited to offer these remaining apartments to buyers who are looking for quality and affordable housing in Uganda,” Asingwire noted. “Our different payment plans are designed to be flexible and affordable, making it easier for buyers to own their dream home.”
Kampala’s residential apartment market is experiencing a significant surge in demand, driven by a revitalized economic landscape. The average monthly rents for 2-bedroom apartments have increased by 4%, with the introduction of opulent living spaces and enhanced amenities pushing the boundaries of luxury living.
The scarcity of detached houses in prime suburbs has led to a resurgence of interest in secondary residential areas like Mbuya, Munyonyo, Muyenga, and Bugolobi. Meanwhile, the outskirts of Kampala are emerging as hidden gems, with commuter towns witnessing a surge in popularity due to affordable land, potential for capital appreciation, and improved amenities.
As Kampala’s residential apartment market continues to evolve, the outlook remains positive. Approximately 600 new prime residential units are expected in Nakasero, Kololo, and Naguru in the next 12-24 months, marking a 14% increase in pipeline activity.
