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Dubai South launches villas in residential district
Dubai: Dubai South has launched villas in its flagship development ‘The Pulse’ after selling out of townhouses at the project. About 50 percent of the villas have already been booked by investors.
‘The Pulse Villas’ is home to 268 units comprising 242 two- and three-bedroom townhouses as well as 26 four-bedroom, semi-detached villas, which come equipped with closed kitchens, private gardens, maids rooms, storage, study rooms, and laundry rooms.
Prices start from Dh850,000 for two-bedroom units, Dh1 million for three-bedroom units, and Dh1.25 million for the four-bedroom villas.
Payment plan
Dubai South Properties is also offering a payment plan that includes a 5 percent booking fee and a 2 percent DLD (Dubai Land Department) waiver. Additionally, payment for units will occur in two phases: 50 percent during construction and 50 percent over two years post-completion.
“As we get closer to Expo 2020, the population in the Residential District is also expected to increase in the years to come,” said Mohammed Al Awadhi, from Dubai South Properties.
The project is set to be completed in 2024.
Source: Gulf News