Dubai: The Green Valley Real Estate has launched a 1.7 million square feet development — Al Dana Island — located in Dibba, Fujairah, and beside the Al Aqqa in Oman.
The man-made island will have 376 high-end villas, with the developer confirming that each will have a floor area of around 1 million square feet.
Prices for a three-bedroom unit starts at Dh1.99 million. Down payments start at 20 per cent of the cost price, with the remaining to be paid in 48 monthly instalments, commencing after the first payment.
“It’s the first of its kind to combine a view of both the mountains and the sea at the same time and, as such, will offer residents something which cannot be found anywhere else,” said Wiaam Mahmoud Rabah, Chairman. “We have conceived the project to be a safe, idyllic retreat for both Emirati residents and expatriates who wish to escape from the rigours of modern life.”
A yacht club and a five-star hotel are also in the works as part of the overall offering.
