More Mirdif Hills homes set for imminent launch
dubai — Dubai Investments Real Estate Company (DIRC), the real estate arm of Dubai Investments, has announced that the second cluster of Mirdif Hills — Nasayem Avenue — will be launched for sales soon.
Nasayem Avenue is a mix of residential buildings ranging from two and three-bedroom apartments to three and fourbedroom
The demand for Mirdif Hills has been very encouraging, with endusers showing a lot of interest in the project Obaid Mohammed Al Salami, general manager of DIRC
duplexes. Being constructed in two phases across three clusters — Janayen, Nasayem and Al Multaqa Avenue, Mirdif Hills is progressing as per schedule and expected to be completed starting Q4 of 2018.
The excavation and shoring works for Janayen and Nasayem Avenue have been completed and foundation work is in progress while piling works for Al Multaqa Avenue have been completed.
The Dh3 billion Mirdif Hills, the only freehold in Mirdif now, is a mixed-use residential, commercial and retail development spread across 3.9 million square feet and equipped with 1,054 apartments — a mix of studio, one, two, threebedroom apartments and duplex units, a four-star hotel with 116 rooms and 128 serviced apartments and a hospital with approximately 230 beds.
The Mirdif Hills project is being showcased at Cityscape Abu Dhabi 2017.
Obaid Mohammed Al Salami, general manager of DIRC, said: “The demand for Mirdif Hills has been very encouraging, with endusers showing a lot of interest in the project, particularly for the one, two and three-bedroom apartments as well as duplexes. The Nasayem Avenue offers a mix of residential buildings and is set to generate investor interest.”
DIRC has flexible payment plans for investors in Mirdif Hills. The plan includes 30 per cent payment during construction, and the balance 70 per cent on handover. As per the plan, a 10 per cent down payment is to be made on booking, followed by five per cent payment on signing the sale and purchase agreement within the next 60 days, five per cent within six months of the booking date, five per cent within a year of booking, and five per cent within 18 months of the booking date.
Another unique aspect of the project are vertical villas within the Janayen Avenue. Inspired by French architect Le Corbusier, the vertical villas series comprises many villas, built in one building and rising up vertically giving it a sustainable and green look.
— business@khaleejtimes.com