Cosmo Developers, in partnership with Fimex Ltd, has officially launched Saareeyaa, a new residential development project aimed at redefining practical urban living in the heart of Labone, Accra.

The unveiling ceremony, held at the Movenpick Ambassador Hotel on Saturday, May 25, brought together stakeholders from across the real estate industry, including investors, legal experts, and property managers, to highlight the project’s unique blend of luxury, accessibility, and community-centric design.

Nestled just off the bustling main road in Labone, Saareeyaa is a four-story architectural marvel that redefines high-end residential living. Designed with modern elegance, it merges luxury with convenience in one of Accra’s most sought-after neighbourhoods.

The building includes a state-of-the-art gym and secure ground-floor parking, with four levels of residential space offering a range of six distinct apartment layouts—from sleek studio units to spacious three-bedroom residences. Each unit is bathed in natural light with floor-to-ceiling windows offering panoramic views of the city.

The penthouse is a highlight—a luxurious sanctuary featuring a private terrace, a sleek infinity pool, and breathtaking skyline vistas.

“We don’t just build homes. We build the future. We build for tomorrow. We build the future the Cosmo way.” Those were the words of Nadine Jaber, CEO of Cosmo Developers, as she welcomed guests.

Jaber highlighted the intentionality behind Saareeyaa’s design.

“Every detail of our work is thoughtfully crafted to meet the unique needs of our clients,” she said, referencing past successes like the La Vista project in Abelemkpe. “At Cosmo and Fimex, we believe in cosmopolitan living. We design spaces that foster a sense of belonging.”

“Also, what makes Saareeyaa distinguish[ed] is, if you invest now in Saareeyaa, you will design your space. So that’s why it’s called ‘Designed for Living’,” she added.

At the heart of the project is the company’s innovative rent-to-own payment structure.

“You only pay 50% of the amount of the apartment, and you cover the remaining one - two years later. You pay like monthly rent… you will sit, stay in your apartment, and as if you are paying rent, you will be paying for the developing company where you bought the apartment without paying rent to anyone else, and then you own your apartment.”

The project is tailored for families, young professionals, diaspora investors and even employees seeking home ownership.

“We put our prices very strategically and [in a] very clever way, where both families, investors, whether whoever you are, whether you’re even an employee, you are able to own an apartment at Saareeyaa,” Jaber said.

According to her, Labone was chosen for its strategic return on investment and vibrant mix of access and calm.

“Actually, we do have projects in different places. So as we know, the Ghana market is very small, and now the hub area… is actually around Labone… and also with the amenities and the surroundings, and the perfect location, 10 minutes from the airport… just makes it perfect.”

The CEO of Fimex Ltd, Abdul Abed Fawaz, stressed the importance of making home ownership accessible.

“We try to introduce an idea in this presentation today, which is rent-to-own… to encourage the people who want to invest or who want to buy to have that opportunity.”

He stated that the team was paying special attention to the 30 per cent of the market often excluded from property ownership. “We’re trying to put things in place… We’re trying to do something for them as much as we can.”

He added: “We wanted to add amenities that if somebody has family, they can still live in an apartment… We’ve introduced a canteen area… a traditional boys’ quarters… not the same idea, but we wanted to create some kind of space… for their own privacy.”

On his part, Bobby Banson, the Lead Consultant at Robert Smith Law Group, spoke to the uniqueness of Saareeyaa’s legal groundwork.

“Unlike a lot of projects where they start selling even without digging foundation, this one—the physical structure is done, because they were patient to get a really good documentation… You walk in, you want unit A, you will see what unit A is—not on paper.”

He added that this "shows the commitment of the owners that they were not waiting for money from buyers to put up their projects. They have invested their money.”

Property Manager for La Vista, Avelon Tetteh Junior, echoed these sentiments. “There is no apartment without amenities that make the whole stay complete, like the security, the gym, the backup generator, the allocated parking lots and the pool.”

“With this particular project, Saareeyaa, the penthouse comes with its private pool… own terrace so you don't get to share with others," he said.”

Facilities such as hospitals, leisure centers, supermarkets, and restaurants are all within short driving distances, making daily living seamless and efficient. Inside each unit, well-equipped kitchens, elegant living areas, and warm, inviting aesthetics create a homely atmosphere.

While offering modern comforts like a backup power supply, 24/7 security with CCTV, rooftop terraces, and green landscaping, Saareeyaa’s thoughtful layouts reflect an understanding of Ghanaian lifestyle values—spaces for family, privacy, and a sense of home.