'Fortnite' insiders suggest that a significant feature inspired by 'Fall Guys' is on the horizon as part of a previously rumoured crossover event.
Potential buyers are queuing up to get a slice of Dubai’s lucrative real estate, illustrating how the sector is bouncing back to pre-Covid pandemic levels.
Listen to this story and more on the 8@8 with David Light podcast
Photos and videos posted on social media on Tuesday night and Wednesday morning showed long lines of people looking to bag a deal as master developer Nakheel launched 360 units as part of phase 2 of Murooj Al Furjan West. The new collection of townhouses in Al Furjan master community has three- and four-bed units for a starting price of Dh1.85 million.
Long queues to buy property in Dubai is a nostalgic pre-pandemic feature and one of the barometers of market confidence.
Nakheel told Khaleej Times in a statement that it had taken all precautions and applied the highest standards of hygiene to keep customers and staff safe. This included a “large, dedicated waiting area”.
ALSO READ:
>> New UAE visa reforms: All we know so far
>> UAE Golden Visa: How to apply or nominate someone using the ICA app
“Safety and wellbeing is always our top priority,” the statement added.
Marwa, a property consultant, said she expected the buyers to queue up till all units are sold out.
Farooq Syed, CEO of Springfield Properties, said Nakheel has seen an “excellent response” to its latest launch. “Ready townhouse prices have moved up extremely fast post-Covid as people prefer the extra square footage and communal lifestyle as compared to living in tall vertical structures. Moreover, Nakheel is (among the few) … developers launching townhouses close to the Sheikh Zayed Road.”
He added that the townhouses have good plot sizes and built up areas as compared to others available in the market.
ALSO READ:
>> Have Dh500? Buy a share in Dubai real estate
>> New Expo 2020 Dubai attractions: Reverse waterfall, observation tower with 'flying park'
Fathi Akram Skaik, managing director and business owner of Noble Empire Real Estate Brokers, said phase one of the project had sold out “within hours”.
“The newly launched project is proof that there is still a big demand in the market for townhouses. I think that we will still see a demand for townhouses and small standalone villas in the coming future,” added Skaik.
Expo 2020 Dubai, which begins in just over 20 days, will bring in a lot of international investments, said Krishma Gehani, senior client manager, Homes4Life Real Estate. This will go up further with five- and 10-year Golden Visas being given to property owners, she said.
(With inputs from Waheed Abbas and SM Ayaz Zakir)
sandhya@khaleejtimes.com
'Fortnite' insiders suggest that a significant feature inspired by 'Fall Guys' is on the horizon as part of a previously rumoured crossover event.
63-year-old Filipina patient endured varying degrees of discomfort and pain for years before coming to doctors on March 23
Construction to begin this year on state-of-the-art Thumbay Veterinary Hospital At Thumbay Medicity
Shashi Tharoor's World of Words is a weekly column dissecting English language
Between them the two players are set to receive a stake around $150 million from the Tour's newly-formed enterprise
The four-time Grand Slam winner has enjoyed huge success with her powerful baseline game but has struggled on clay
The Tiago has been instrumental in driving Tata Motors’ consistent growth in the hatchback segment
'Women of My Billion' is set to premiere exclusively on Prime Video on May 3