Marwa Homes will be developed in two phases. During the first phase 14 townhouse will be constructed in Jumeriah Village Community, and handed over to buyers by the end of December 2014. The project has already reached 75% completion.
Marwa Homes comprise of four bedroom town houses along with a separate maid room and a terrace garden. The townhouses have been designed and furnished in a classy manner with all the modern facilities, including a private elevator for each unit.
Apart from Marwa Homes, the company has invested AED 600 million in a variety of projects including a residential tower called Marwa Heights and a four block tower called Marwa Views. All these projects will be located in Meydan, Dubai and are scheduled to be completed in the next two years.
The developer has introduced an easy payment plan to help prospective buyers with mortgage payment options. Buyers can pay 25% of the value of the property in down payment and make rest of the payment after the handover.
Mohammad Haroon Habib, Director of the New World Development, said that the Marwa Homes will establish the Marwa brand.