- Price On Request
- 3875 ft2
- Overall Rating:
Emaar Properties plans to add more than 200 villas to its Arabian Ranches development as rebounding prices encourage developers to build more houses. The “Lila” development will feature 219 villas of three to five bedrooms in a gated community. The project is slated for handover in 2017. “It’s good that they are launching the projects in small parcels so one does not see the whole project being built all at once,” says Craig Plumb, Head of Reasearch at Jones Lang Lasalle. “219 villas is relatively small, just one compound probably. A number of developers are using the same strategy. We all know that Arabian Ranches extension will be quite large but this is a small part of it and it is far more manageable. The projects are being launched in a piecemeal manner which is laudable.”
The UAE and Dubai in particular has seen a resurgence in the housing market with prices and rents rising rapidly last year, with the pace of sales dipping towards the end of the year. “Average capital values continued to rise by 8 per cent, albeit more slowly than the record 23 per cent growth experienced during Q2,” stated a report from Property Consultants, Cluttons. “Despite the recent gains, on average, prices are still 26 per cent below the Q3 [third quarter] 2008 market peak, although they are now 47 per cent above the bottom of the market, which was reached in Q2 2009. Year on year, values are 53 per cent up on this time last year.”
With the successful Expo 2020 bid and a renewed confidence in the market, the global property firm Jones Lang LaSalle has forecast significant levels of new residential supply planned for Dubai over the next two years with 45,000 units scheduled for completion by the end of 2015. This level of development is not expected to impact Emaar’s development plans.
- Community Hall
- Day Care Centre
- Retail Centre
- Swimming Pool
- Kids Pool
- Polo & Equestrian
- Tennis Courts
Property Info :
|Property Type||Classification||Size||Price Range(Rs.)|
|3 BHK||Villa||3164 sq.ft.||Contact For Price|
|4 BHK||Villa||3234 sq.ft.||Contact For Price|
|5 BHK||Villa||3875 sq.ft.||Contact For Price|
Developer Profile :
Emaar Properties has entered the most exciting phase in the young history of Dubai. In 2013, when more than 160 nations chose the UAE to host Expo 2020 in Dubai, it was a resounding vote of confidence in our city, our leadership and our people. The winning bid was an endorsement by the global community that Dubai can deliver nothing but exceptional results. The constant quest to be extraordinary is what has established Emaar as a national champion company of Dubai and the UAE. Over the past 17 years, Emaar has redefined the dynamics of property development, which now serves as a template for others across the world. We have always believed in the vision of His Highness Sheikh Mohammed Bin Rashid Al Maktoum, UAE Vice President and Prime Minister and Ruler of Dubai, who reminds us that “one cannot discover new oceans if you lack the courage to lose sight of the shore.” Our driving force, undoubtedly, has been the trust our shareholders have placed in us. They stood by us as we shaped the city’s skyline, built the world’s largest mall, created world-class hotels, and expanded to international markets.
Our shareholders have given us the opportunity to partner in our city’s amazing transformation into a global hub. They built Dubai as an extraordinary city in one of the best nations in the world, and they made us what we are today – one of the world’s most valuable and most admired companies. Today, across the world, business development models are being reshaped and economic and innovation cycles are shrinking. Companies that do not respond to these changes risk being exposed to irrevocable risks that affect their long-term prospects. We see the transformation around us as promising opportunities to create a new Emaar. We are drawing on the potential offered by Dubai as one of the worlds’ leading business, leisure and fashion hubs, and the opportunities in rapidly-growing international markets. We are implementing our strategy to make our high-growth businesses independent profit centres and will continue to build smart cities of the future. We are sharpening our strategy to be one of the world’s most valuable, most innovative and most admired companies. Our goal is to be an unstoppable company that creates enormous value for our shareholders, stakeholders, and the economy.