Aldar will bring its new community with Dubai Holding, about 7,000 townhouses and up to 5,000 apartments, to market in the coming weeks. Brokers give 7 December as the launch date; the official name and price list have not been released.
Abu Dhabi based Aldar said alongside its third quarter results on 27 October that its new master community with Dubai Holding will launch in the coming weeks. According to The National, the project has a gross development value of AED 30 billion, will be built in phases over five to six years and will include about 7,000 townhouses and up to 5,000 apartments.
The site is near Dubai Silicon Oasis, on the route of the Dubai Metro Blue Line extension. It will be Aldar's fourth Dubai project after Haven, Athlon and The Wilds.
New: according to broker Throne Properties, in a page updated on 3 November, the launch is set for 7 December and registrations are being taken now with no deposit or EOI. The same broker indicates three bedroom townhouses from about AED 3 million and four bedroom townhouses from about AED 4 million. Aldar has not confirmed the date or prices, and the Greenwoods name seen online is said not to be the official name.
With its metro access and townhouse led mix, the community is set to appeal to families looking at east Dubai. Contact Rigel Properties to hear first when the official price list is out.
Source: The National
