Majid Al Futtaim Communities announced on Monday that it has broken ground for its Elan residential project, located within its Tilal Al Ghaf mixed-use development in Dubai.

The ground breaking follows the sale of 594 units in total in phases one and two of Elan, representing a total sales value of 900 million UAE dirhams ($245 million), the developer said in a press statement.

Elan, which comprises of a mix of premium three- and four-bedroom properties, is scheduled to be delivered by December 2022, the statement added.

In April 2018, Majid Al Futtaim had announced that the Tilal Al Ghaf development represents about 14 billion dirhams ($3.8 billion) worth of investment over the next 10 years.

(Writing by Madhura Deulgaonkar; Editing by Anoop Menon)

(anoop.menon@refinitiv.com)

#Dubai #MajidAlFuttaimCommunities #Elan #TilalAlGhaf #Construction

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