Wednesday, May 30, 2007

Dubai Lifestyle City officially launched at Dubailand

The Dubai Lifestyle City at Dubailand has been officially inaugurated, a project, which was announced during January 2006 at Dh.1 billion, is now hooked at Dh.2.4bn. This is said to be due to the increased construction cost and the additional luxury components that was required during the construction.

The ETA Group is targeting ultra-high net worth residents for the Lifestyle City, which covers about 4million Sq.Ft. comprising 120 'villetes' and 68 Tuscan-themed villas, a golf course, auditorium, theatre, sports and recreational facilities. Apart from this, the city will have a 170 room W Marriott, a 100,000 Sq.Ft. shopping mall, and a 150 room Courtyard.

The Tuscany style of architecture for the city has been designed by Tony Ashai, the Beverley Hills designer.

ETA, together with IMG Academies and JW Marriott brands have entered into a tie-up, and the Cisco and Microsoft is expected to be the pillar for the digital lifestyle.

The prices for the villas currently range from Dh.20million to Dh.40million, and the project is scheduled for completion by July 2009.

No comments: