Escape launches Saddle Homes in Ajman
Saturday, May 03, 2008
Escape, an equestrian community which is currently under development in Ajman, has now launched a new housing concept to the market, through the launch of Saddle Homes.
The Saddle Homes are two-storey residences that are more like spaciously designed small villas that blend convenience and ease of an apartment. Being attractively priced, they are positioned in configurations of four, and will be amidst creative landscaping in the eight million square foot project.
Saddle Homes are situated on a subtle rise, facing the expanse of the community, and feature private parking bays, gardens, terraces, community swimming pools, and the wooden fencing that retains a fusion of Arabian, Mediterranean and Ottoman design influences and color schemes.
The two-bedroom units offer slightly different floor plan variations, and maximize the use of natural light, offering Spanish terra cotta flooring and high quality finishing. All residential options are a true blend of modern comfort with top quality details, while also retaining the traditional Islamic and Arabian architecture.
The Escape Sales Consultant, Aadil Sher said "Saddle Homes has been conceptualized to fit a niche in the market. These homes are ideal as a starter home for young couples, professional singles, or a holiday retreat for residents of other emirates or abroad. They are designed in a manner that provides maximum space, good value, and are attractive and easy to care for. This is a winning combination."
Launched during early 2007, villas at Escape witnessed rapid sales. The Saddle Homes are the next sales phase of the project. Apart from the 140 Saddle Homes, Escape offers about 500 three to four bedroom villas, and terraced and low-rise apartments, due to be released for sale in a couple of months.
The development also includes a boutique hotel, Hoofbeatz Activities Center Clubhouse, an equine spa, several multipurpose indoor and outdoor sports or riding arenas, and a mix of health, sports, and leisure amenities all focused on family entertainment. Located adjacent to Emirates Road on the Sharjah and Ajman border, Escape is easily accessible to major urban business and transportation hubs in Dubai and other Northern Emirates.
Escape is set to break ground in May 2008, and is due to be complete by December 2010
Social BookmarkingThe Saddle Homes are two-storey residences that are more like spaciously designed small villas that blend convenience and ease of an apartment. Being attractively priced, they are positioned in configurations of four, and will be amidst creative landscaping in the eight million square foot project.
Saddle Homes are situated on a subtle rise, facing the expanse of the community, and feature private parking bays, gardens, terraces, community swimming pools, and the wooden fencing that retains a fusion of Arabian, Mediterranean and Ottoman design influences and color schemes.
The two-bedroom units offer slightly different floor plan variations, and maximize the use of natural light, offering Spanish terra cotta flooring and high quality finishing. All residential options are a true blend of modern comfort with top quality details, while also retaining the traditional Islamic and Arabian architecture.
The Escape Sales Consultant, Aadil Sher said "Saddle Homes has been conceptualized to fit a niche in the market. These homes are ideal as a starter home for young couples, professional singles, or a holiday retreat for residents of other emirates or abroad. They are designed in a manner that provides maximum space, good value, and are attractive and easy to care for. This is a winning combination."
Launched during early 2007, villas at Escape witnessed rapid sales. The Saddle Homes are the next sales phase of the project. Apart from the 140 Saddle Homes, Escape offers about 500 three to four bedroom villas, and terraced and low-rise apartments, due to be released for sale in a couple of months.
The development also includes a boutique hotel, Hoofbeatz Activities Center Clubhouse, an equine spa, several multipurpose indoor and outdoor sports or riding arenas, and a mix of health, sports, and leisure amenities all focused on family entertainment. Located adjacent to Emirates Road on the Sharjah and Ajman border, Escape is easily accessible to major urban business and transportation hubs in Dubai and other Northern Emirates.
Escape is set to break ground in May 2008, and is due to be complete by December 2010
Labels: Ajman, housing, Villa Projects
High land-prices considered a hindrance for low-budget housing
Saturday, September 01, 2007
The property developers in Dubai have said that unless the government facilitates cheap land, the private developers will not go ahead with construction of low-budget housing.
The Chairman of New Dubai Properties, Ahmad Al Abdullah, says that the skyrocketing land prices imply that developers are in the process of constructing commercial blocks, hotels or luxurious residential projects that yield high returns on their investment, rather than the low or middle range units.
With such an escalation in land and house prices, the ability to purchase a plot or land among individuals of various income groups gets affected and in the process the ability of the emirate to draw attention from the talent required for further development is also shattered.
Al Abdullah said "We will build affordable housing if the government provides us land at an affordable price, and directs us not to raise rent above a fixed level. For instance, Dh.40,000 to Dh.50,000 for a two bedroom apartment. In case the plot is high in value, we will only construct a project that can cover the initial amount invested by us."
Al Abdullah mentioned that 40 percent of the project value makes up the price of the land, while the rest comprises the construction cost, which has also shot up considerably.
He added that with the unavailability of cheap land in Dubai, the private developers have no option but to consider other emirates including Ajman, where the land is much cheaper.
Social BookmarkingThe Chairman of New Dubai Properties, Ahmad Al Abdullah, says that the skyrocketing land prices imply that developers are in the process of constructing commercial blocks, hotels or luxurious residential projects that yield high returns on their investment, rather than the low or middle range units.
With such an escalation in land and house prices, the ability to purchase a plot or land among individuals of various income groups gets affected and in the process the ability of the emirate to draw attention from the talent required for further development is also shattered.
Al Abdullah said "We will build affordable housing if the government provides us land at an affordable price, and directs us not to raise rent above a fixed level. For instance, Dh.40,000 to Dh.50,000 for a two bedroom apartment. In case the plot is high in value, we will only construct a project that can cover the initial amount invested by us."
Al Abdullah mentioned that 40 percent of the project value makes up the price of the land, while the rest comprises the construction cost, which has also shot up considerably.
He added that with the unavailability of cheap land in Dubai, the private developers have no option but to consider other emirates including Ajman, where the land is much cheaper.
Labels: Dubai Real Estate, housing, land, Property Prices
