Dubai
Pay 10 per cent and move into a new home from Nakheel — Dubai master-developer is ramping up on the incentives to net buyers for properties at its Jumeirah Islands, Al Furjan and Warsan Village projects.
And a buyer has two years to pay up the rest. Nakheel also confirmed that banks have come on board to offer up to 75 per cent of the property value.
Prices start at Dh1.76 million for a three-bedroom town house in Warsan Village, while a four-bedroom unit in Jumeirah Islands is from Dh4.15 million. A three-bedroom unit in Al Furjan has a Dh2.99 million tag.
One of Nakheel’s prestige communities, the homes at Jumeirah Islands spread over 3,630 square feet and comes with a private garden and parking for two cars. Close by is the newly-opened Jumeirah Islands Pavilion retail and dining hub.
The town houses at Al Furjan extend between 3,242 and 5,500 square feet, while the gated Warsan Village community feature units of 2,000 square feet.
Developers have been using the Ramadan promotions to get potential buyers to decide, with low upfront payments and spread out instalments. Another master-developer opened sales for a new round of villa sales on Monday, while privately owned Sobha is highlighting its high-end units at MBR City.
