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DP's Arabella townhouse launch today sees queues of buyers

Long queues were witnessed outside the sales office of Dubai Properties, the real estate arm of Dubai Holding, which is launching ‘Arabella Townhouses’, its new project within Mudon community today (Saturday), people at the venue told Emirates 24|7.

“There have been hundreds of investors standing outside the DP’s sale office for the past one day. It seems the developer will be able to sell all the units within few hours of the launch,” RS, an investor standing in the queue, told this website.

According to industry sources, the developer was planning to sell hundreds of units on launch date.

Prices start at Dh1.5 million, with payment plan of 10 per cent on booking, five per cent every six months and 70 per on handover, sources said. The project is slated for completion in 2018.

The new townhouses - three- and four-bedroom units, ranging from 1,984 to 2,603 square feet - will be positioned close to the Mudon Central Park, making it an ideal community for families, the developer said.

The 41-acre Mudon Central Park will include a 1.5 kilometre jogging track, a cycling track, sports courts, outdoor exercise stations, water play areas, retail stores, kids zone and garden pavilions.

Plans for a 64,000 square feet community centre are currently underway for Mudon and will include a swimming pool, gym and a mix of retail outlets, the developer said, adding a GEMS school will open by September 2016.

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