Dubai: Emaar Bawadi, the joint venture between Emaar Properties and Bawadi, a member of Tatweer, has unveiled Teema, the first residential community in Asmaran, the 70 million square foot master-planned project being developed in Bawadi.
Teema will feature 308 town houses, and will be anchored by a central retail and community centre. The project will open for sale on May 20, just seven months into announcing the multi-billion joint venture. Several financial institutions are offering easy home finance options to potential customers, who can visit the Downtown Living Sales Centre on May 20.
The Teema homes range in size from 1,780 to 2,800 square feet in plots of 2,200 to 5,000 square feet. Featuring elegant Spanish architectural features, the homes will meet the growing demand for town houses in Dubai.
"Teema is the first of the homes to be developed within Asmaran, which will eventually have over 55,000 residents and 19,000 homes.
Teema town houses mark the starting point of community living within Asmaran, and home-owners can look forward to a distinctive lifestyle rich in leisure and entertainment amenities," Arif Mubarak, CEO of Bawadi.
Teema homes comprise a mix of two-storey, single family two- and three-bedroom villas. Emaar lends its development expertise to assure world-class standards for the homes, which will be ready for hand over in 2010.
Work will begin shortly and will be undertaken on an accelerated schedule. All homes come with terraces, gardens and master-bedrooms with en suite bathrooms and built-in wardrobes. Terracotta tile roofs, wooden balconies and tasteful arches give a touch of exclusivity to the design.
By Staff Reporter
© Gulf News 2008
