NAKHEEL

MUROOJ AL FURJAN

Limited Units Available

A COLLECTION OF 3 AND 4-BEDROOM VILLAS

FROM AED 1,500,000   Whatsapp Us

MUROOJ AL FURJAN

All Major developers are adding more and more gated residential communities in their Portfolios as the demand is increasing in the villa and the Townhouse sector as the greater number of people are shelling out more money, for the greener and bigger formats of the houses. Investors are also hoarding up the inventory to resale it further in the secondary market also.

Meanwhile Nakheel has launched 3 and 4 beds Townhouses in the name of Murooj Al Furjan, this is the second addition of roughly 300 TH in the kitty.

People have queued up roughly for 12 hours before the launch satretd and all 4 beds were sold off in in couple of minutes of the launch.

Why 4 beds are in great demand whether Emaar – Arabian Ranches, Maple, Sidra, Damac Hills or Tilal Al Ghaf, this has a simple reason behind it, the 3 beds starting price is 1.5m AED roughly, and 4 beds are starting from 18.m AED, in 4bed you get the corner unit or we can say more space on the side and the premium location choice and have a 1 bed on the Ground Level. Now Dubai is the city where people consider it as their first home, gone are the days when people actually buy the villas as the second home or the investment options. Now this country has seen the baby boom, people are raising their families here and that’s why they need bigger space and a bedroom on GF to accomdate the guest or the aging parents who cannot climb the stairs every now and then.

Plus the privacy is more in the corner units as they are semi detached from one side and have ample of space for a private garden or a gazebo.

Expert Opinion

Why Twin Villas at AR3- Arabian Ranches 3?

There are few major steps that everyone needs to follow before choosing the Town House or the villas, especially when we are buying the property in Dubai and off-plan (not yet ready).

Dubai is a matured and highly sophisticated market when it comes to High Quality living and maintaining the High Standards, there are few major Developers which are not only world class, but actually they have no comparison when it comes to the product and product life cycle. Emaar being one of them, it is the company which has produced Burj Khalifa, and high-end societies like Arabian Ranches and Emirates Hills and newly developed Dubai Hills Estate

Why Twin Villas is the basic question?

  1. Comparison of the project – TAG (Tilal Al Ghaf), Damac Hills and Dubai Hills by Emaar has Twin Villas. What are twin Villas, they are duplex houses – semidetached villas which are 2 villas sharing thew same wall in one plot. These villas area a cross overs between villas and the Town Houses. We have to compare the AR3 Villas with TAG villas which were sold out completely when they were launched. Damac has these villas but are very old now and most of them occupied.
  2. How many beds we should buy and why- There is a high demand of 4 bed TH in Dubai Hills by Emaar and 4beds are commanding the premium of 30% from the OP as of now.
  3. Choosing a developer is also a challenge -The developer is Emaar which is highly respected for its quality and management. Plus the appreciation, and rental value is higher in Emaar Properties.

Emaar is going to launch Twin Villas in AR3, these will have comparison with the Golf Grove project in Dubai Hills Estate (DHE ) by Emaar – when they were launched the price was 3.4m -3.7m for 4bed.

They are in high demand now, and the price is around 5m for 4beds, these will be ready by 2022 June

Tilal Al Ghaf (TAG) on the other hand has just launched 3 and 4 Beds Twin Villas for 2.9m price tag (4beds) and nothing is available all sold out in 2hours of the launch.

You must be wondering all these villas and TH are selling of so fast and why, who is buying and why, the basic answer is us who are buying, because we are now afraid of corona and the service charges which we have to pay in the apartments. Take a look-

Villa sqft is 3000 sqft BUA or plot – the service charges are 2.5AED – 3AED psqft so approx. we pay 9000 yearly (Price 3.5m AED approx.)

In apartment we pay AED 17 AED per sqft approx. per year if the size is 2000 sqft for 3 bed then we pay AED 34,000 for service fees yearly. (Price is 3.5maprox)

The rent for 4 bed villa is AED 175,000 and for 3 bed apartment in Dubai Creek area is around 145,000AED

By doing this calculation the we get in Villa 166,000AED net in Hand and in Apartments we get AED 110,000 in apartment and price is almost the same.

Please feel free to call us for more discussion about it, and for any queries please feel free to reach us or whatsapp.

Nitin Bhargava

Nitin Bhargava
BRN: 29473

Expert Opinion

Why Emaar Beachfront?

Emaar Launched EBF (Emaar Beachfront) in Jan 2018, the first building was Beach Vista T1, this was sold in minutes of the launch, the only reason was of Location and Builder was Emaar and Emaar did not have any other new projects apart from the old projects in Marina.

Then Emaar Launched T2 Beach Vista, and most of the units with Palm Views were sold out.

Then they launched Marina Vista with the option of fully furnished units with the option of short term renting and this was the instant hit with the buyers.

 

Then they collaborated with Elie Saab and lunched the tower in the name of Grand Bleu- Elie Saab Tower 1, because of the location and uniqueness it was a hit with the investors, they bought floors by floors in this tower, Emaar smartly took the FAR of the plot which was back of this tower and used the FAR for Elie Saab and the plot behind it was converted into the park.

Then came the launch of Beach Isle with low level villas which were sold in 10 minutes and the Tower 2 was sold out in floors only.

This is a good opportunity to buy in Marina Sands on the original price as the market is commanding the premium of 30% on the OP in the market. Beach vista 1bed OP was 1.6m AED now it is around 2.2m 2.4m AED in the market. Over a premium of 30%, and sellers have only paid around 50% of the purchase price to Emaar.

If the Emaar price point is 1.7-1.9m for a 1 bed, then it’s a definite buy on the payment plan and above 18th floor 2 bed back side or 1 bed back side will have complete palm view, making them the most sort after units.

Nitin Bhargava

Nitin Bhargava
BRN: 29473

Why Emaar Beachfront, and why to buy on Emaar Beachfront Launch

Emaar Launched EBF (Emaar Beachfront) in Jan 2018, the first building was Beach Vista T1, this was sold in minutes of the launch, the only reason was of Location and Builder was Emaar and Emaar did not have any other new projects apart from the old projects in Marina. Then Emaar Launched T2 Beach Vista, and most of the units with Palm Views were sold out.

Then they launched Marina Vista with the option of fully furnished units with the option of short-term renting and this was the instant hit with the buyers. Then they collaborated with Elie Saab and lunched the tower in the name of Grand Bleu- Elie Saab Tower 1, because of the location and uniqueness it was a hit with the investors, they bought floors by floors in this tower, Emaar smartly took the FAR of the plot which was back of this tower and used the FAR for Elie Saab and the plot behind it was converted into the park.

Then came the launch of Beach Isle with low-level villas which were sold in 10 minutes and Tower 2 was sold out on floors only.

This is a good opportunity to buy in Marina Sands on the original price as the market is commanding the premium of 30% on the OP in the market. Beach vista 1bed OP was 1.6m AED now it is around 2.2m 2.4m AED in the market. Over a premium of 30%, and sellers have only paid around 50% of the purchase price to Emaar.

If the Emaar price point is 1.7-1.9m for a 1 bed, then it’s a definite buy on the payment plan and above 18th floor 2 bed back side or 1 bed back side will have complete palm view, making them the most sort after units, and we have to buy on the launch date as after the launch Emaar will increase the price of the units by almost 10%

Marina Sands at Emaar Beachfront

Emaar announced the launch of Emaar Beachfront new Tower Marina Sands, inspired by the private beach living, with the quotient of Sun Beach and Sand. Most of the European buyers in Dubai are looking for this lifestyle which Emaar Beachfront Launch is catering to.

  • The building comprises of 1/ 2 / 3/ 4 bed units,
  • starting size for 1 bed is 780sqft, Price AED 2.1 m plus,
  • starting size for 2 bed is 1240 sqft, Price starting AED 3.6m plus,
  • starting size for 3 bed is 2040 sqft Price AED 5.0m plus,
  • starting size for 4 bed is 2481 sqft Price AED 7 m plus and the Duplex 4 bed around AED 17m,
  • Emaar has started collecting the Expression of Interest from the buyers who are willing to buy full floors in this development, and the retail unit sales will open by 18-19th of September
Weekly Highlights

Nara Launch – Completely Sold Out

Emaar Launched Nara last week, by Emaar on the Al Ain Road at the price point of AED 1.36m and it stands sold out because of it premium location and price point, Customer hoarded up the inventory because of the developer and the location plus the price point which was icing on the cake.

The payment plan was 50/50 , 50% during construction 50% on Handover (this was a set back) as customers expected more from Emaar.

Coming days will see more developers removing the post hand over Payment Plan as they follow Emaar very closely and because the demand is increasing in the Villa market, all major developers will come up with the realistic price point and remove the Payment Plan (PP). PP cost the developer and by removing it the Developer can pass on the benefits to the customers in the end, making it more affordable and realistic.

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