Developer Dubai Properties has announced the launch of a new townhouses project within its Mudon community in Dubailand.
Arabella Townhouses will offer investors three bedroom (mid, end, semi-detached) and four bedroom (semi-detached) units with average unit sizes ranging from 1,984 to 2,603 square feet, a statement said.
The new townhouses will be surrounded with greenery and located close to the Mudon Central Park.
The 41-acre park will include a 1.5 km jogging track, a cycling track, sports courts, outdoor exercise stations, water features and water play areas.
It will also feature coffee shops and retail stores, Kids Zone, dedicated areas for open air markets and seasonal events, and garden pavilions.
The overall development will also have a 20,000 sqm community centre, which will consist of a grocery, a nursery, 14 leasable retail units, including a café and family restaurant with outdoor seating, a medical clinic, a pharmacy, and a salon.
Dubai Properties has also tied up with GEMS Education to open a school by September 2016.
Sales of the new townhouses will start on Saturday, May 16, 2015, the developer said.
Abdulla Abushabieb, executive director – Customer Service and Sales at Dubai Properties said: “We are offering potential residents a special payment plan that offers a chance to own a townhouse at attractive easy intervals.”
Dubai’s property market has seen a slowdown in prices since last year, following strong growth in 2012 and 2013. Prices are expected to remain flat or drop by up to 10 per cent this year, according to real estate consultant JLL.
However, several developers have been launching smaller projects within existing developments, specifically targeting the affordable sector.
Comments ( 0 )
Post a Comment