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DPG offers 'affordable apartment options'

Dubai, July 12, 2010

Dubai Properties Group (DPG), a member of Dubai Holding, said it is addressing the shortage of affordable housing in the region with Al Khail Gate, an innovative project designed to accommodate mid-range housing requirements in Dubai.

With affordable rates and a prime Dubai location, The Al Khail Gate Community has made the Dubai Dream accessible for many UAE residents and is meeting the new market demand for both corporate and residential clients, said a statement from DPG.

Al Khail Gate offers a wide range of apartments and leasing options, including studios one, two and three-bedroom apartments.

Unit prices start as low as Dh23,000 ($6261.5) and the community has already proved popular with customers during the company’s recently launched leasing campaign resulting in increased occupancy.

Khalid Al Malik, Group CEO, Dubai Properties Group, said: "We are pleased to be able to offer these spacious new apartments at Al Khail Gate that  provide  a much needed option for affordability, quality and convenience in the Dubai real estate market."

"Al Khail Gate affirms our commitment to delivering a diverse real estate portfolio that offers something for everyone in every corner of Dubai," he noted.

Ideal for UAE residents currently making the long commute from other emirates, the apartments at Al Khail Gate range from 420 sq ft studios to 690 sq ft one-bedroom, 966 sq ft two-bedroom and 1,150 sq ft three-bedroom units.

Located in close proximity to Dubai’s arterial highways including Al Khail Road, the development is just minutes away from the Dubai business district, Old Town, and new Dubai.

In addition, further enhancements at the seven-million sq ft gated community are underway as additional services and facilities are being planned, Al Malik added.

DPG is scheduled to build a dedicated gym, a swimming pool, kids’ play areas, sport facilities including multipurpose courts for basketball, volleyball and tennis, and a cricket ground, as well as retail shops to further enrich the experience and better service the community, the statement said.-TradeArabia News Service




Tags: Dubai Properties Group | affordable apartment |

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