Affordable development is targeted at corporate buyers; sale of apartments will commence shortly
Dubai, 14 February 2007: Alserkal Properties and Manazel Real Estate have announced the formal launch of Dunes Village, and appointed The Real Estate Specialists to handle sales at the development. Located at the Dubai Investment Park, Dunes Village is a residential complex comprising 19 mid-rise towers housing 950 apartments, and is targeted towards corporate buyers.
Announcing the commencement of sales, and cementing the partnership between the two companies, the two companies said that while the Dunes Village project may well be the latest addition to Dubai's burgeoning freehold property landscape, it is set to one that stands out in several ways. The most unique aspect of The Dunes is that the developers are targeting corporate buyers instead of individuals and families, encouraging them to offer it to their employees as part of a remuneration package.
Ahmed Al Serkal, Chairman of Alserkal Properties emphasised that apartments at Dunes Village were priced competitively and therefore easily affordable even by small and medium sized companies, and further, that the project offered a range of quick and easy financing options. "Buying apartments at Dunes Village will be an easily attainable goal for several companies located either in or around Dubai Investment Park. In turn they can offer it to their employees who can enjoy its thoughtful amenities, high-quality workmanship, and free maintenance."
Corporates investing in this project should consider it more than a solid proposition and a piece of property; they should look upon it as an assurance of peace of mind with excellent returns on their investment, he stated.
Mohamed Al Qubaisi, Chairman of Manazel Real Estate elaborated on the features of the project, saying Dunes Village seamlessly blends modern amenities with traditional values to create a serene atmosphere. "With a comprehensive range of facilities located close at hand, its desirable location in the area known as New Dubai, and its tranquil surroundings, Dunes Village is a perfect place to live in," he stated.
He said that Dunes Village had been specifically designed with convenience and community values in mind, and will incorporate gardens, parks and trees; playgrounds, gymnasiums and pools; and several recreational facilities. The complex will also boast a 24-hour security centre, a dedicated service centre, and an average of one parking space for each apartment.
"The 19 residential towers comprise 950 spacious studio, one, two and three-bedroom apartments that will go on sale soon through our appointed agents, The Real Estate Specialists," he confirmed. .
The two chairmen were also emphatic about their partnership signalling a new era in real estate development in Dubai. "Both Alserkal Properties and Manazel Real Estate have its own set of strengths, and in this partnership, we bring our combined experience and expertise to the table," they said, adding that the Dunes Village was just one of several other projects planned in partnership for the future.
Located at Dubai Investment Park, Dunes Village covers a total area of over 460,000 square feet, and is being developed at a cost of over Dhs. 300 million.
Dunes Village is located close to the Global Village and Dubailand via the Emirates Road, as well as to the rest of Dubai, with access through Sheikh Zayed Road. According to a comprehensive master plan, Dunes Village will be ready for possession within 24 months.
More information is available at www.dunesvillageuae.com
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Media information:
Iona Stanley
Tel: 050 - 6954056, Email: iona.stanley@eim.ae
© Press Release 2007
