Cityscape 2022 sees pristine golf communities and residential towers vying for buyer attention.
Read the full story here: https://gulfnews.com/business/property/developers-aim-to-accelerate-property-investment-as-cityscape-2022-opens-in-dubai-1.92164947
See more videos at https://gulfnews.com/videos
Read more Gulf News stories here: https://bit.ly/2HLJ2km
Subscribe to Gulf News on YouTube and watch more of our videos: https://www.youtube.com/user/GulfNewsTV
#UAEnews #Dubai #Cityscape2022
Read the full story here: https://gulfnews.com/business/property/developers-aim-to-accelerate-property-investment-as-cityscape-2022-opens-in-dubai-1.92164947
See more videos at https://gulfnews.com/videos
Read more Gulf News stories here: https://bit.ly/2HLJ2km
Subscribe to Gulf News on YouTube and watch more of our videos: https://www.youtube.com/user/GulfNewsTV
#UAEnews #Dubai #Cityscape2022
Category
🗞
NewsTranscript
00:00The UAE's largest real estate exhibition, Cityscape, is back in Dubai with a bang.
00:10The event hopes to bolster Dubai's surging real estate market to new heights
00:15by showcasing new and complete projects from over 70 developers here in the UAE and abroad.
00:22Welcome to Shobha reality at Cityscape.
00:26This year has been great, exceptionally well. We have done very well and we have come with these big two launches in Cityscape.
00:34It's Heartland 2 and Shobha 1.
00:38Heartland 2 is almost a continuation of Heartland 1.
00:42Heartland 1 is close to sold out and we have a very similar development, a mixed-use development,
00:48approximately 183 acres of land.
00:51We have close to 7,000 apartments and 100 villas.
00:56We have a school, we have a community mall. It's all coming up in Heartland 2.
01:01Shobha 1 is another project which is close to 40 acres of land.
01:06It's an 8 billion dirhams project.
01:08The Heartland Shobha 1 construction is expected to start early 2023.
01:15Close to 5 years we should be completing and handing over that development.
01:20Put together this is around 24 billion dirhams projects which are being put into the market.
01:24This is Cityscape.
01:25Actually the project we have this one is in Ras Al Khaimah, Murjan Island.
01:30It's the one only project there with the beach side.
01:34And we have mostly the project is around 80% villas and townhouse.
01:41We have hotel also, 4-star hotel.
01:44And 300 rooms.
01:47And we have one building residential with 120 flats.
01:54We believe this course will take around 21 months to complete it.
01:59And we are already, we have been started 2 weeks ago, the development.
02:04Something I tell you, majority of the, the one there on the beach is sold.
02:10Oh, okay, already sold out.
02:13But still there, some villas backside and what about it, it's still there.
02:19Meanwhile, Arada Properties of Sharjah have launched their very first development in Dubai.
02:24Called the Juhri Hills at the Jumeirah Golf Estate.
02:28A collection of 294 villas and townhouses.
02:32Arada says that this is one of the most affordable places in that area.
02:373 bedroom townhouses are priced at 3.9 million.
02:42And 4 bedroom townhouses of 4000 square feet are at 4.5 million.
02:47However, the more impressive properties here are the 5 bedroom, 5 bedroom villas.
02:54That's 7000 square feet including a basement space.
02:58And it's priced at 7.5 million.
03:01The total project area is 40 million square feet.
03:12The Juhri Hills, Dubai
03:16The Juhri Hills, Dubai
03:18The Juhri Hills, Dubai
03:20The Juhri Hills, Dubai
03:22The Juhri Hills, Dubai
03:24The Juhri Hills, Dubai
03:26The Juhri Hills, Dubai
03:28The Juhri Hills, Dubai
03:30The Juhri Hills, Dubai
03:32The Juhri Hills, Dubai
03:34The Juhri Hills, Dubai
03:36The Juhri Hills, Dubai
03:38The Juhri Hills, Dubai
03:40The Juhri Hills, Dubai