Meydan Sobha today officially launches the latest phase of Mohammed Bin Rashid Al Maktoum City – District One, the stunning new community adding another enviable living dimension to Dubai’s city centre. The development has an unmatched location, just four kilometres from Burj Khalifa, situated in the heart of Downtown Dubai.
The major attraction for potential home owners is the availability in Phase 3 of a fresh wave of 4 and 5 bedroom freehold villas built on attractive larger plots, with a range of new floorplans including basement options, as well as an extended payment plan.
A joint venture project between Meydan Group and Sobha Group, Meydan Sobha has already sold out all villas in Phase 1 and Phase 2. Handover is scheduled starting mid-2016 and with more than nine thousand workers currently on site, both phases are scheduled for completion by 2017
Giving the community a unique waterfront dimension will be a 7 km Crystal Lagoon creating an idyllic manmade beachfront in the heart of the city, with lush green landscaping and a 14 km boardwalk.
The Crystal Lagoon will offer residents exclusive access to swimming, paddle boarding, and other non-motorized aquatic leisure activities. State-of-the-art environmentally friendly technology will keep lagoon waters crystal clear, adding to the appeal of a feature which industry experts say will overtake golf courses to become the amenity of the future for luxury real estate developments.
“This is a hugely exciting project, and we are delighted to launch the newest phase of Mohammed Bin Rashid Al Maktoum City – District One, while reporting great progress on the first two phases,” said Saeed Humaid Al Tayer, Chairman of Meydan Group.
“We are proud to be adding to Dubai’s status as one of the most desirable cities in the world in which to live. We are creating a beautiful, luxurious community offering the most central freehold villa properties in the heart of the city’s centre overlooking what will become the world’s largest crystal lagoon.”
Also speaking at the Phase 3 launch, Mr. PNC Menon, Group Chairman and Founder of Sobha Group, said: “As a developer, we are committed to meeting our delivery schedule. Construction of both Phase 1 and Phase 2 of the project are progressing well. We expect keen demand for the villas in Phase 3, as we are offering home owners bigger plots, a variety of new floor plans, as well as the option to include a basement.
In order to ensure the 2018 handover date is met for Phase 3 of District One, Meydan Sobha currently has more than 9,000 workers on site for the construction of the villas, with another 1,000 presently engaged in infrastructure works.
To guarantee the highest quality control in all aspects of the construction, a team of 14 master craftsmen were recruited from Germany. They include specialists in construction, mechanical electrical, plumbing services, and infrastructure.
One project milestone has been achieved with delivery of the 8.4 km District One Cycling and Running Track, while the Crystal Lagoon package has been awarded and construction is underway.
With a total land area of 45 million square feet, enclosed by glorious green natural surroundings, District One, Mohammed Bin Rashid Al Maktoum City, presents one of the lowest density villa developments in the heart of any international city. The dream homes come in three architectural styles: Contemporary, Mediterranean or Modern Arabic.
District One is also situated next to the spectacular Meydan One leisure, commercial, and entertainment destination in Mohammed Bin Rashid Al Maktoum City. Meydan One will host the world’s tallest residential tower, the tallest observation deck, longest indoor ski slope and the largest dancing fountain.
The prime location provides an aspirational lifestyle. Owners are close to all the major routes into the city, providing quick access to the Dubai International Financial Centre, Burj Khalifa, Dubai World Trade Center and Dubai International Airport. And after work, the world’s finest Racecourse and Grandstand, a 9-hole floodlit golf course, a tennis academy and a 5-star luxury hotel, The Meydan are just minutes away.
Potential homeowners interested in learning more about Meydan Sobha’s freehold options within Mohammed Bin Rashid Al Maktoum City – District One, can visit www.meydansobha.com or call the toll free number 800 111 111 for more details.