Emaar Properties plans to launch sales of the second phase of its Maple town houses at the 2,700-acre Dubai Hills Estate community on Saturday.
Emaar’s launch of the three-to-five bed town houses within Mohammed bin Rashid City (MBR City) will take place simultaneously in Dubai and in Oman’s capital, Muscat.
Maple 2 comprises 666 town houses that will range in size from 2,200 square feet to 2,700 sq ft. Prices start at just under Dh2 million for a three-bedroom property.
Emaar said a limited number will be sold on a first-come, first-served basis at the Emaar Pavilion on Mohammed bin Rashid Boulevard in Dubai and at the Ritz-Carlton hotel in Muscat. It added that it would give preferred access to investors who are willing to place a down payment of 30 per cent of the property’s value and to agree to retain ownership at least until handover.
Emaar said that residents will have access to amenities including two new hotels, retail units, a tennis academy, 18-hole golf course and a number of cafes and restaurants, as well as parks and nature trails.
“Maple 2 town houses are the first of their kind in the city with the focus on green living,” said Ahmad Al Matrooshi, the managing director of Emaar Properties. “The extensive green landscapes and natural trails make Maple 2 homes the first choice for end-use homeowners and customers who seek long-term value.”
Speaking at the recent launch of its third-quarter market report, the head of Cavendish Maxwell’s development advisory unit, Adam Wisher, said that MBR City would be “a key area of focus and activity going forward” as Dubai expands.
The property consultancy identified 11,000 units within the city to which a “significant level of commitment” had been made in terms of their development. These included 4,500 villas at the US$4 billion Sobha Hartland scheme, 2,200 units at Meydan Heights and 760 units at Dubai Hills.
“If we look at the developers who are active there – Sobha, Meraas, Emaar – they all have a track record,” Mr Wisher said.
mfahy@thenational.ae
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Always use only regulated platforms
Stop all transactions and communication on suspicion
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Report to local authorities
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Courtesy: Crystal Intelligence
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Learn more about Qasr Al Hosn
In 2013, The National's History Project went beyond the walls to see what life was like living in Abu Dhabi's fabled fort:
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Produced: Lionsgate Films, Shanghai Ryui Entertainment, Street Light Entertainment
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From Europe to the Middle East, economic success brings wealth - and lifestyle diseases
A rise in obesity figures and the need for more public spending is a familiar trend in the developing world as western lifestyles are adopted.
One in five deaths around the world is now caused by bad diet, with obesity the fastest growing global risk. A high body mass index is also the top cause of metabolic diseases relating to death and disability in Kuwait, Qatar and Oman – and second on the list in Bahrain.
In Britain, heart disease, lung cancer and Alzheimer’s remain among the leading causes of death, and people there are spending more time suffering from health problems.
The UK is expected to spend $421.4 billion on healthcare by 2040, up from $239.3 billion in 2014.
And development assistance for health is talking about the financial aid given to governments to support social, environmental development of developing countries.
Company Profile:
Name: The Protein Bakeshop
Date of start: 2013
Founders: Rashi Chowdhary and Saad Umerani
Based: Dubai
Size, number of employees: 12
Funding/investors: $400,000 (2018)
