Dubai: Emaar Turkey, the country-subsidiary of Emaar Properties, is unveiling its pioneering residential master-planned project, Tuscan Valley Houses, at a special preview and country seminar in Dubai.
A preview of the project located in Buyukcekmece will be made at an event at The Old Town Sales Centre on Monday and Tuesday. Amlak Finance is offering home finance options to investors.
The $700 million Tuscan Valley Houses marks Emaar's entry into the Turkish market, and will replicate the concept of master-planned residences Emaar has developed in Dubai. Buyukcekmece is one of the fastest growing and much-sought after residential locations near Istanbul, and Tuscan Valley Homes will drive the property market through its collection of 555 luxury villas.
"Emaar will invest a further $5-$10 billion in the next five years in Turkey, to drive our expansion plans for the country," said Nader Mohammad, Regional Managing Director, Emaar International.
"Dubai has a strong Turkish community and by inaugurating the sales registration in Dubai, we are offering them the privilege of the first purchase option," he said.
The project will sprawl over 1.4 million square metres of land, making it one of the largest private sector residential projects in Istanbul.
The villas will be built in nine models with construction work to be completed in four phases. Models of the Tuscan Valley homes will be open for public preview at Emaar Turkey's Sales Office soon.
