The mega project by Al Futtaim Real Estate Group, namely, the Dubai Festival City, has completed handover of its new Al Badia Townhome to its owner, thereby marking its first sale post project launch.
The freehold sales of 24 townhomes in the third phase of Al Badia Residences, overlooking the championship Al Badia Golf Course, were announced in June this year. The starting price for Al Badia Residences, Phase 3, is Dh.4.8mn.
It was the Dubai-based businessman, Saeed Naderi, who first received keys to his 3,800 sq. Ft. four bedroom townhome, during a ceremony, held to mark the conclusion of a transaction that was completed within three weeks.
According to the General Manager, property sales at Dubai Festival City, Ian Plumley, this first handover of homes, following launch of freehold properties of Al Badia phase 3 townhomes, indicates the upswing in consumer sentiment for top quality homes in Dubai.
A strong customer response was received following launch of townhomes, not only from UAE, but from Middle East and Asian regions, Plumley pointed out.
Naderi, who now owns a spacious Mediterranean-style townhome comprising a private landscaped garden, garaging, and access to swimming pool and health club in the community, expressed happiness over being part of Al Badia community and the fact that Dubai Festival City is now a permanent home for him.
Al Badia Residences Phase 3 comprises three types of Mediterranean-style Townhomes ranging 4 and 5 five bedrooms. These townhomes are in the range 3800 sq ft to 5100 sq ft and includes a dedicated landscaped garden, two apartment buildings, a community pool, children playground, all of which makes the community popular within Al Badia Residences.