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US $81mn Dunes Village is launched in DIP

by ArabianBusiness.com staff writer  on Saturday, 17 February 2007
The development will comprise of 19 towers with 950 apartments.
The development will comprise of 19 towers with 950 apartments.

Alserkal Properties and Manazel Real Estate have launched the US $81 million (AED300 million) Dunes Village in Dubai Investment Park.

The residential project will be made up of 19 towers accommodating 950 apartments and will cover an area of over 42,735m2.

According to a comprehensive master plan, Dunes Village will be completed within 24 months.

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Both companies said that while Dunes Village may well be the latest addition to Dubai's burgeoning freehold property landscape, it is set to be one that stands out in several ways.

"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," said Mohamed Al Qubaisi, chairman, Manazel Real Estate.

Al Qubaisi added 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 have a 24-hour security centre, a service centre, and an average of one parking space for each apartment.

"Both Alserkal Properties and Manazel Real Estate have their own set of strengths, and in this partnership, we bring our combined experience and expertise to the table," added Al Qubaisi.

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