Developments
Dubai Lagoon Properties For Sale | Dubai Lagoon Properties For Sale |
Dubai Lagoon
is a residential community complex being built at
the Dubai Investments Park (DIP), which is located
near to the Green Community on Emirates Road. The
AED 3 billion (US$ 830 million) freehold development
project will be spread over 1.75 million square
feet (162 thousand square meters) and contain 53
low-rise apartment buildings in 8 different shapes.
Dubai Lagoon's 4,166 units are targetting
the middle to high middle income class, with either
studio, 1, 2, 3 and 4 bedrooms. Over 50% of the
development will be utilised by the lake/lagoon
and landscaping, providing each apartment with a
view of the lagoon. The first phase of development
will be completed by September 2007, wherein 21
six-storey and eight-storey buildings will be completed.
Dubai Lagoon has a unique 7-year payment plan, where purchasers will pay 50% of the unit before moving in, and the remaining amount in equal monthly installments over 5 years. Dubai Lagoon was master planned and designed by Artec. |