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Majid Al Futtaim is a Dubai-based giant well-known with its notable buildings and projects as well as with its founder an Emirati billionaire Majid Al Futtaim.
It also has got the exclusive license to operate hypermarkets for French company Carrefour across the Middle East, North Africa and Central Asia. Moreover, the VOX Cinema, Magic Planet family entertainment centres, Orbi I Dubai, Ski Dubai and Ski Egypt also owned and operated by Holding.
Majid Al Futtaim has begun the construction phase of its recently launched Elan neighbourhood at Tilal Al Ghaf, which is expected to be completed by December 2022.
On this occasion the company held the ceremony to demonstrate commitment to its customers and stability of the Dubai real estate market marked by growing confidence among property buyers. The new project will offer the sale of 594 units in phases one and two of Elan development. It is estimated to have a total sales value of AED 900 million.
Majid Al Futtaim is a Dubai-based giant well-known with its notable buildings and projects as well as with its founder an Emirati billionaire Majid Al Futtaim.
It also has got the exclusive license to operate hypermarkets for French company Carrefour across the Middle East, North Africa and Central Asia. Moreover, the VOX Cinema, Magic Planet family entertainment centres, Orbi I Dubai, Ski Dubai and Ski Egypt also owned and operated by Holding.
Majid Al Futtaim has begun the construction phase of its recently launched Elan neighbourhood at Tilal Al Ghaf, which is expected to be completed by Q4 2022.
On this occasion the company held the ceremony to demonstrate commitment to its customers and stability of the Dubai real estate market marked by growing confidence among property buyers. The new project will offer the sale of 594 units in phases one and two of Elan development. It is estimated to have a total sales value of AED 900 million.
How to Buy
An Off-Plan Property?
When buying off-plan property directly from a developer in Dubai you get a lot of benefits. Most of the developers have special offers like DLD waiver or free property management.
For the past decade, off-plan property in Dubai has become very popular among buyers both local and foreign.
There are several major reasons of increased demand in Dubai’s real estate sector. First of all, off-plan property comes at much lower price than ready for move-in property.
Secondly, most of the off-plan residential properties for sale in Dubai feature special post-handover payment plans: you can buy a property and pay for it in small installments instead of paying the full price upfront.
Finally, considering constant increasing popularity of real estate in Dubai, buying off-plan property from developer is a great investment opportunity with high ROI.
When buying off-plan property directly from a developer in Dubai you get a lot of benefits. Most of the real estate developers have special offers like DLD waiver or free property management.
For the past decade, off-plan apartments in Dubai has become very popular among buyer and investors both local and foreign.
There are several major reasons of increased demand in Dubai’s real estate sector. First of all, off-plan property comes at much lower price than ready property.
Secondly, most of the off-plan properties in Dubai feature special payment plan: you can purchase a property and pay for it in small installments instead of paying the full price upfront.
Finally, considering constant increasing popularity of real estate in Dubai, buying off-plan property is a great investment opportunity with high returns of investments (ROI).
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Being qualified property experts with years of experience, we realize how confusing Dubai’s off-plan property market could be for new buyers, as well as for professional investors. Especially when there are thousands of off-plan properties in Dubai.
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Senior Sales Advisor
of Metropolitan Premium Properties
+971 58 648 8888
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Business Bay, Dubai, UAE
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