Nakheel drew Dh790 million from in- vestors during the launch of its plots at Al Furjan last Thursday. Investors booked a total of 500 residential plots during the event, the developer has revealed.
“Just as we expected, this land drew a lot of attention, with 500 of the 509 available plots booked,” said a Nakheel spokesman.
“The level of interest un- derscores the fact that Al Furjan is one of the most convenient, sought after locations in Dubai.”
The plots are located between Shaikh Zayed Road and Shaikh Moham- mad Bin Zayed Road, close to Ibn Battuta Mall, and range from 4,800 to 13,000 sqft. Prices of the plots are between Dhl.l million and Dh3.3 million, Last month, Nakheel launched 400 new homes for sale at the Al Furjan community, adding to the 800 villas and townhouses in the growing community
A new retail centre at Al Furjan is also due to open early next year.
“This newly released land is ideal for serious in- vestors looking to develop new homes,” the spokesman said. Nakheel has also signed a contract worth Dh4 mil- lion to build four new roads linking the community with and the Al Yalayis Road. Additional links to major roads are planned.
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