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Wed 12 Oct 2016 02:48 PM

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Damac says first Dubai South project ready for handover

Developer says sale of final hotel apartments in Damac Maison de Ville Tenora will go on sale this week

Damac says first Dubai South project ready for handover

Damac Properties on Wednesday announced the first project to be completed in Dubai South, with the handover of Damac Maison de Ville Tenora hotel apartments.

The Dubai developer also announced that Damac Maison de Ville Celestia, another hospitality project in the area, is at an advanced stage of construction.

Damac said in a statement that the last units in these two projects will go on sale in Dubai from October 13-15.

Ready to move in hotel apartments in Tenora will be offered at a starting price of AED587,000, while Celestia units, with substructure already completed and delivery set to be in 2018, are priced to start at AED560,000. 

Ziad El Chaar, managing director, Damac Properties, said: "Our hotel apartment offering in Tenora and Celestia is uniquely attractive as they benefit from prime, high-demand locations at the centre of Dubai South and a return on investment can be realised immediately leading up to and during the Expo 2020 Dubai.” 

A 145-square-kilometre master-planned city and host to the first World Expo in the Middle East, Dubai South is served by a vast infrastructure network including Al Maktoum International Airport and a host of first-class facilities, including Jebel Ali Port and Dubai Metro.

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