Jumeirah Golf Estates has announced the launch of phase 2 of its Redwood Park, adding that construction of phase 1 is 80 percent complete.
Completion of the first phase is scheduled for the fourth quarter of this year, the company said in a statement.
Overlooking Jumeirah Golf Estates’ championship golf course, Fire, Redwood Park has been one of the development’s top sellers since its launch, it added.
Representing Jumeirah Golf Estates’ first shift to embrace townhouse developments, the community was designed to answer a growing number of families and young professionals seeking more affordable property options, with prices starting from just under AED3 million.
Inspired by the Tuscan countryside, Redwood Park is a unique collection of three- and four-bedroom townhouses, with fairway views of the Fire Course.
Abdulaziz Bukhatir, executive director – Corporate Services, Jumeirah Golf Estates, said: “While today’s buyers have become increasingly discerning, Redwood Park at Jumeirah Golf Estates is proving to have the necessary attributes to win global and local investor and end-user trust and buy-in, with attractive payment plans, a superior lifestyle promise and strong returns on investment making it the true standout contender in Dubai’s townhouse market. This week’s launch has been extremely positive.”