Al-Futtaim Group Real Estate (AFGRE) announced today the first release of 24 recently completed luxurious Townhomes in Phase 3 of Al Badia Residences at Dubai Festival City (DFC), a world-class mixed use development which is drawing on the increasing demand for high-end residences in Dubai.
Ian Plumley, General Manager, Property Sales at Dubai Festival City said: “Phase 3 in Al Badia complements the first 2 phases completed some 5 years ago, but this new addition heralds the start of a new phase for AFGRE, who previously only leased Townhomes and apartments within Dubai Festival City.
Offering freehold properties for the first time provides existing tenants at Dubai Festival City a much sought-after opportunity to purchase a property in one of the city’s finest residential communities.
Mr. Plumley added: “Dubai is now firmly on a growth track, reflected in the increasing demand for property in established neighbourhoods like Dubai Festival City. The distinctive experience, coupled with its close proximity to the waterfront shopping mall Festival Centre, the Universal American School and Deira International School, InterContinental and Crowne Plaza hotels and Al Badia Golf Course have created a strong demand for properties within Dubai Festival City and we are now in a position to address this opportunity.”
Al Badia Residences Phase 3 has three types of Townhomes which comprise 4 & 5 bedrooms. The architecturally distinct and Mediterranean-style Townhomes range from 3,800 sqft and 5,100 sqft and each has a dedicated landscaped garden. In addition, two apartment buildings, a community pool and a children’s playground are under construction, thus enhancing this new community within the already popular Al Badia Residences.
He reiterated: “Al Badia Residences’ thoughtfully and innovatively designed Townhomes and apartments are of the highest international standard. Each residence features a beautifully appointed kitchen, making it the heart of every home. Under the roof of Mediterranean-style architecture is a warm, serene ambiance, heightened by exceptional interior finishes and homely living spaces.”
Mr Plumley also said Al Badia Residences will be the harbinger for many more launches of residential freehold sales in Dubai Festival City over the coming months.
The prices of Al Badia Residences Phase 3 units start from AED 4.8 million and they are now ready for occupation. Further details can be obtained by visiting the Al-Futtaim Group Real Estate (AFGRE) Sales Centre which is open from 08.30 to 17.30 Sunday to Thursday, or calling 800-DFC.