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Park Investments, a newly formed real estate investments company in the UAE, has forayed into Dubai realty with the launch of the exclusive Dh270 million-Park Villas project at Jumeirah Village Circle (JVC).
The residential development spans a total area of 365,000 sq ft and is located on a green belt in JVC. It will comprise 93 four-bedroom villas with a personalised lift for each home.
Amenities at each villa will include balconies, a fully equipped kitchen, two covered car parks and fitted wardrobes, among other things. With its sophisticated design, Park Villas blends urban design with traditional European architecture.
One of the biggest draws for buyers is its attractive payment scheme, which allows them to pay 50 per cent of the total price until the completion and 50 per cent after the handover with an option of easy interest-free instalments. The pre-launch price starts at Dh2.9 million, and construction is expected to be completed by 2016.
Parminder Singh Sehgal, Executive Chairman of Park Investments, said, “Dubai’s property market is buoyant once again, promising returns. Regulations in place have inculcated confidence in developers and investors.
“Our team has decades of experience in launching and managing big projects in Korea, the US, India and Pakistan. Now, our endeavour is to bring high-quality affordable living to Dubai.”
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Source: Property Weekly