The flagship subsidiary, Al Fara'a Properties, of the Al Fara'a Construction Group, has announced hundred percent sale of its signature project Le Grand chateau, worth Dh.225million. Al Fara'a is progressing as scheduled and is expected to be delivered in the last quarter of 2008, thereby being the first to deliver a project in Jumeirah Village.

This success by Al Fara's group comes at the right time, when the region has been witnessing unparalleled growth in real estate developments, says Gangaramani, the MD and CEO of Al Fara'a Construction Group.

"Dubai has developed into a major tourist destination in Middle East with 2100 construction projects being planned or under construction across the Gulf, touching $1.5trillion mark in value. Hence, keeping our developments apart in terms of timely delivery, service and quality and value are the major factors behind the success of Al Fara'a Properties," says Gangaramani.

Le Grand Chateau is much sought-after, due to its ideal location at the heart of Jumeirah Village Community, adjacent to green belt, and its timeless architectural splendor that depicts the 16th Century Chateaux of the Loire Valley in France.

The development consist of luxurious four bedroom G+2 townhouses, and an apartment block with 185 studios, single, double and triple bedroom apartments, overlooking the landscaped courtyard.