DP records strong sales as Rahat Villas in Mudon Development proves a popular investment choice

Press release
Published June 5th, 2014 - 08:44 GMT

Al Bawaba
Al Bawaba

Dubai Properties (DP), the development company of Dubai Properties Group (DPG), announced that sales of the latest premium villa offering at its Mudon development in DUBAILAND received a strong response from investors.

DP also appointed Shapoorji Pallonji Mideast LLC as the principal contractor for the villas. Shapoorji Pallonji, a global company responsible for the construction of Mudon’s premium townhouses in phase one of the development, has now been contracted to complete the contemporary Arabic themed three, four and five bedroom properties at Rahat.

Speaking about the successful sales results, Khalid Al Malik, Group CEO of DPG, said: “The interest received in Rahat is a testament to the strong demand from investors in the villa sector. Mudon remains a popular option for investors in our extensive residential portfolio, and offers a vibrant community lifestyle to end users.”

He continued: “We look forward to working with Shapoorji Pallonji Mideast LLC to deliver these uniquely designed villas to investors and to see world-class lifestyle developments such as Mudon continue to cater to Dubai’s growing population.”

 A limited number of villas remain on sale and are competitively priced from AED 3 million with available plots ranging in size from 6,700 sq. ft. to 10,000 sq. ft. Sales information is available by calling 800 DPG (374) or online at www.dpg.ae.

Background Information

Dubai Properties Group

Dubai Properties is a leading master-developer based in the United Arab Emirates, and is responsible for shaping some of Dubai’s most renowned and iconic real estate destinations.

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