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Dubai Properties to add townhouses to its Serena project in Dubailand

07.11.2016
Dubai Properties to add townhouses to its Serena project in Dubailand
Dubai's real estate developers’ return to their large-scale projects marks the beginning of Dubai real estate market revival.

In February 2016, one of the largest emirate’s developers Dubai Properties Group presented a large-scale affordable housing project in Dubailand area. However, throughout a year, the demand-and-prices situation at the Dubai housing market remained controversial, and many developers, including Dubai Properties, preferred to take on a wait and see strategy.

But today, by the end of the year, as predicted by analysts, the market began to gradually upraise, as evidenced by a variety of industry events of all sizes. The continuation of the Serena project, namely its cluster called Casa Dora, was no exception.

As a whole, Dubai Properties plans to develop almost 7.8 million square feet of land in the area of ​​Dubailand with mostly townhouses and villas, as well as low-rise retail and entertainment units. The construction of Serena residential community was planned to be split into five phases from the start. And now the developer’s representatives confirm that Casa Dora cluster turned out to be "an extremely popular affordable housing destination for families."

Two and three bedroom townhouses and three- plus bedroom villas will be put on sale during the project’s second stage launch. Of all attention worthy advantages, important when looking for a good property investment option in Dubai, imexre.com has recently reported of, Serena community has a convenient transport links, i.e. the direct access to the Emirates Road, a great location — close to the business and social center of Downtown Dubai, and, finally, a comfortable clusters planning with 4-6 buildings per one.

For the Casa Dora second phase project developer has chosen Portuguese style in design of villas surrounded by lush vegetation. Besides, the community will also have all classic facilities like swimming pools, a gym, a hospital, playgrounds and lounge zones, as well as retail units and supermarkets with a total leasable area of ​​more than 100,000 square feet.

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125,000 / year
Ref.No: OF1209
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1,655 ft2
76 AED/ft2
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Ref.No: AP165
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1,159 AED/ft2
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