DUBAI: Nakheel’s Al Furjan draws bookings for 500 plots worth Dh790 million

Staff Report / 23 November 2013                   

                     Nakheel’s newly-released plots at Al Furjan drew investment values of Dh790 million during its launch day, the Dubai developer has announced.                                        

Many people had queued since the previous morning to secure their land at Al Furjan, Nakheel said. — Supplied photo

 

Five hundred residential plots were snapped up by eager investors, many of whom queued since the previous morning to secure their land, Nakheel said.
A Nakheel spokesman said: “Just as we expected, this land drew a lot of attention, with 500 of the 509 available plots booked. The level of interest seen today underscores the fact that Al Furjan is one of the most convenient, sought-after locations in Dubai.”
The plots, located between Shaikh Zayed Road and Shaikh Mohammed bin Zayed Road close to Ibn Battuta Mall, range from 4,800 to 13,000sqft.
Last month, Nakheel launched 400 new homes for sales at Al Furjan, adding to the 800 villas and townhouses that already occupy the growing community.
A new retail centre at the development is also due to open in early 2014.