Saturday, July 14, 2012

Lime Tree Valley villas to be delivered by early 2013


The handover of villas in the Lime Tree Valley project will commence by early 2013, the developer, CHI Development Group, has announced.

The developer of the 121 villas along the Earth golf course, designed by Greg Norman, the Director of CHI Development, Roger Wakeham, said that the handover of the villas are anticipated from the year-end, up to first quarter of 2013.

The infrastructure in Jumeirah Golf Estates is slowly nearing completion, with power connectivity anticipated in September, and all other utilities ready for connections. Several buyers are now planning their interior furnishings and are waiting to be the first residents of Jumeirah Golf Estates.

Speaking about Lime Tree Valley, Wakeham pointed out that there are several strong points for Lime Tree Valley, such as the variety of villas on the offer, the quality of build, the views of the Earth golf course, connectivity to major landmarks and roads, the peace of living in the countryside, and benefits of living in Dubai’s only gated Golf Community.

The HSBC and Dubai Islamic Bank have provided end-user finance for the project, and are now negotiating with other banks too.

Although, there has been a dip in property places in the UAE over the past few years, established villa communities are seeing price gains, Wakeham pointed out.

The CHI Development is a UAE-based property developer, established in 2005, and Lime Tree Valley is their flagship project. It comprises eight Mediterranean styled villas ranging from four to six bedrooms, with sizes ranging 4200 square feet to 7000 square feet of built up area, while plots vary from 8000 to 15,000 square feet.

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