The launch of a new upscale and affordable freehold residential community at Dubailand Residence Complex, 'Skycourts,' was announced earlier this week by the UAE's National Bonds Corporation.
National Bonds Corporation, creator of the popular nationwide savings program National Bonds, an innovative saving scheme started earlier this year has collected more than Dh620 million and has an investor base of 200,000 in the UAE, said that the Dh1.5 billion Skycourts development will offer over 2,300 apartments across six towers, according to Khaleej Times.
Apartments will range in size from studios to two-bedroom units, with prices from Dh279,000 to Dh898,000. Units are scheduled for delivery in the first half of 2009.
“Property provides many people a long-term investment opportunity, and gives people a chance to feel secure and proud to be living in UAE. Property has become less affordable over recent years, however, and therefore out of reach as an investment opportunity. We hope Skycourts will address this balance by making property more affordable,” said Nasser bin Hassan Al Shaikh, Vice-Chairman and CEO of the National Bonds Corporation
