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Investors at the Arabella Townhouse sale.

Dubai Properties in key residential units sell-out

DUBAI, May 16, 2015

Dubai Properties, a leading real estate developer, said it has sold out all the units at its upscale property Arabella Townhouses which was put out for sale yesterday at its sales and customer care centre, Ras Al Khor.

The sales were conducted on a first-come first-serve basis, with scores of people queuing up in anticipation of the launch, said the company in a statement.

Arabella Townhouses comes with a choice of semi-detached three- and four-bedroom units ranging from 1,984 to 2,603 sq ft, setting them apart from other similar projects in the UAE emirate of Dubai.

Its modern design and state-of-the-art amenities, including the 41-acre family-oriented Mudon Central Park, will enable residents, especially families with children, to enjoy an urban, outdoor lifestyle all through the year.

The park boasts of facilities such as a 1.5-km jogging track, a cycling track, sports courts, outdoor exercise stations, water features, and water play areas. It will also include an assortment of coffee shops and retail stores, a Kids Zone, dedicated areas for open-air markets and seasonal events, as well as garden pavilions.

To cater to the strong investor interest, Dubai Properties has announced the release of additional units for sale. The overwhelming response received by Arabella Townhouses is a testament to the project’s worth as an astute investment for families seeking to own an upscale property to live in, it stated.

Set amidst a tranquil location close to the Mudon Central Park, the new neighbourhood townhouses boast lush open spaces and landscaped greenery, it added.

Dubai Properties said the success of the sales event of Arabella Townhouses demonstrates its commitment to deliver dream homes in holistic communities for residents to enjoy an unparalleled lifestyle throughout the year.

The special payment plan with attractive, easy installments has made it more affordable for people looking for own-to-live properties and making it a quick sell-out. Arabella Townhouses features modern, contemporary design elements with spacious interiors, a light colour scheme that complements reflective glass facades, and vast green open spaces for active and comfortable everyday living for the entire family, it added.

Abdulla Abushabieb, the executive director (customer care and sales) said: "We attribute the instant sell-out of our latest project within Mudon community to its excellent combination of special price, premium location and unique features, which remain the key decision-making factors for buyers in Dubai."

"Current market trends suggest that there is a significant demand for affordable housing units and Arabella Townhouses caters to a niche market. Dubai Properties will continue to move ahead with its strategy to build affordable yet elegant residential properties that complement the demands of both investors and end-users," he added.-TradeArabia News Service




Tags: Dubai Properties | project | residential |

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