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Dubai’s real estate market is showing continuing signs of robust growth with the much-anticipated launch of Mirdif’s Dh180 million freehold development. Mirdif Tulip comprises 116 residential units and is situated on the edge of Dubai’s first public park, Mushirif Park.
Iseeb Rehman, CEO of Sherwoods International Property, said, “As exclusive marketing agents, we are excited to announce Mirdif’s first freehold property for the market. Mirdif has traditionally been popular for expats, given its proximity to the airport and the Creek. Now they can purchase freehold, rather than rent here.
“The demand will be strong for a unique property such as this, and we expect the market to respond swiftly and positively.”
The official launch of the project was held on September 13 at Emirates Towers.
In May 2002, His Highness Shaikh Mohammad Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, issued a decree allowing non-UAE nationals to buy freehold property in designated areas.
The four-floor Mirdif Tulip is near Mirdif City Centre, Burj Khalifa and Jumeirah Beach. It has unobstructed views of Mushirif Park, and comprises studios and one-, two- and three-bedroom apartments.
With underground parking, 24-hour security, a large swimming pool, two offices and 14 retail outlets and more, the new development will be capable of catering to residents’ every need.
Click Mirdif to learn how the area been popular for expats.
Source: Property Weekly