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Nakheel has received tenders for the construction of 942 town houses at Warsan Village, a gated community located south-west of International City.
Seven proposals were received, with bids starting at Dh695 million, the developer said. A construction contract is expected to be awarded soon. The town houses are expected to be completed in 20 months.
Spanning 47.5 hectares, Warsan will also feature a recreation centre, a mosque and 250 apartments set above a retail plaza with 365 shopping outlets. Construction contracts for these amenities will be awarded at a later date.
A Nakheel spokesman said: "Warsan Village will bring a new style of living to this already hugely popular community.”
For comprehensive updates on Dubai Warsan Village market trends, please click here.
Source: Property Weekly