Dubai's DPG reserves Mudon plots for Emiratis

Group CEO says 200 luxury townhouses available for sale to UAE nationals only
Dubai's DPG reserves Mudon plots for Emiratis
By Andy Sambidge
Wed 24 Apr 2013 08:51 AM

Dubai Properties Group (DPG) has announced that 200 townhouses at its recently launched Mudon project will be restricted for Emirati buyers.

Group CEO Khalid Al Malik said that the four-bedroom villas, which come complete with maid's room and a courtyard garden, will be available from Sunday to Emirati nationals by appointment only.

Prices will start from AED2.5m, DPG said in a statement.

Al Malik said: "This decision will provide Emirati nationals with an opportunity to invest in property within the UAE by purchasing a home in an up and coming community in Dubai."

Interested parties must pre-register on DPG's website DPG.ae, following which they will be contacted by a sales representative to make an appointment to view show townhouses from Sunday.

Earlier this month, DPG launched sales of 348 family townhouses at its much-delayed Mudon project in the Dubailand district.

DPG announced plans to restart work on phase one of the project in late 2012 in response to market demand for spacious and affordable family homes.

DPG added that work on key infrastructure and townhouse units were "already in an advanced construction phase".

The project is due to start handovers from mid-2014.

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