OVER 70% OF INITIAL DUBAI FESTIVAL CITY PHASE LEASED
More than 70% of the first phase of residential property at the Al Badia Golf Resort – part of Dubai Festival City, the waterfront ‘city-within-a-city’ being built on the banks of Dubai Creek – has been leased or reserved since the project’s show homes opened at the beginning of April.
Offering Dubai’s only rental alternative on a golf course, the first 64 units at the Al Badia Golf Resort Residential Community will be ready for occupancy this summer.
“The response has been fantastic so far,” said Phil McArthur, Director, Leasing & Marketing, Dubai Festival City. “This clearly demonstrates that there remains strong demand in Dubai, and particularly in the city environs, for high quality leaseable accommodation.
“Prospective tenants are particularly impressed with the location and peaceful atmosphere of the development we are in downtown Dubai and yet have created a serene and relaxing living environment.”
Of the first 64 units, 11 are three and four bedroom town houses, all with their own private walled gardens, 43 are apartments with two, three or four bedroom alternatives and 10 are terraced homes – a unique concept, constructed above two levels of apartments, to create sweeping views across the spectacular Al Badia Golf Resort.
Keen to take full advantage of the stunning landscape created by the oasis-inspired golf course at Al Badia which translates into ‘Land of the Bedouins’ homes have generous balconies and terraces overlooking the many greens, lakes and streams of the championship standard, 7,320 yard course designed by master golf course architect Robert Trent Jones II.
“Visitors to our show homes have also been impressed with the large, spacious living areas and the use of natural light throughout the homes,” explained McArthur.
Attention to detail is a hallmark of the community every room is fitted with an A/C control, maid’s quarters have outside access and interior finishes are high quality and neutral in colour, giving residents the freedom to decorate their homes in any style.
“Environmental sensitivity is another characteristic of the resort,” said McArthur. “Central A/C chiller plants are located off site to maintain peace and quiet and paspalam grass, a salt tolerant hybrid which can be irrigated with a mixture of seawater and tertiary water, has been used on the golf course cutting fresh water use by two thirds.”
The design of the resort’s community centre is currently being finalised. Due to open in Summer 2005, it will include a wide range of sporting and leisure facilities, as well as play areas for children, a kid’s pool and a crèche.
To arrange a viewing, prospective tenants can call 04 213 6300 or email Dubai Festival City at residential@dubaifestivalcity.com
-Ends-
About Dubai Festival City:
Dubai Festival City is being developed on 1,600 acres on the banks of Dubai’s historic Creek. Comprising 15 distinct development zones, Dubai Festival City is a property development by the Al-Futtaim Group and is the Middle East’s largest, privately-funded, mixed-use, real estate project.
It will comprise a unique mix of entertainment, dining, shopping, edutainment, sport and leisure facilities, automotive dealerships, hotels, a marina, residential and office components.
The first phase of construction is underway with The Al Badia Golf Resort, an 18-hole championship golf course designed by world-renowned golf course designer Robert Trent Jones II LLC, surrounded by Mediterranean style apartments and town homes, set to open in late 2004.
The Waterfront, a 2,500,000 square foot retail, dining and entertainment centre set on a Creekside marina, is also under construction. Foundation work will commence soon on the InterContinental Dubai Festival City, an iconic convention hotel situated on the north-west peninsula of the marina.
For further information, please contact:
Garry Nickson or Jonathan MacPherson
MCS/Action,
PO Box 20970,
Dubai,
United Arab Emirates
Tel – +971 4 3902960
Fax – +971 4 3908161
Email - gary.n@actionprgroup.com or jonathan.m@actionprgroup.com
Or log on to www.dubaifestivalcity.com
© Press Release 2004
