New buyer expectations drive the emergence of a new model for the luxury real estate sector in Dubai

Majid Al Futtaim presents the “Alaya Gardens” neighborhood with a total of 235 villa units

The inauguration of the new “Alaya Gardens” neighborhood embodies a qualitative addition to the luxury neighborhoods within the “Tilal Al Ghaf” project.

An exceptional and luxurious experience with spaces ranging from 6 to 10 thousand square feet

United Arab Emirates DubaiReal estate investment experts believe that the continued growth in sales of luxury residential properties in Dubai is driving a tangible shift in the trends of buyers, which is helping to accelerate the sustainable development path of the real estate sector in Dubai.

Experts point out that the spread of the Covid-19 pandemic has significantly affected the trends of buyers around the world and created an appetite for sparsely populated areas and away from crowded urban centers, which so far remains common despite the elimination of most of the restrictions imposed by the pandemic worldwide. Perhaps one of the most important factors that has contributed to the promotion of this idea is the residents’ search for homes with large spaces, reasonable prices and open green spaces that help to enjoy a more relaxed lifestyle.

Dubai has seen a strong surge in residential property sales over the past 12 months, particularly in the luxury villa sector, as investors seek to reduce investment risks by diversifying their investment portfolios with less risky assets in the long run. Therefore, developers across the emirate have found innovative ways to add a competitive advantage to their offerings and meet the needs of different buyers.

In light of the huge success achieved with the launch of the Alaya neighborhood earlier this year, Majid Al Futtaim launched Integrated Cities Projects, a subsidiary of Majid Al Futtaim Properties, Alaya Gardens in response to the growing demand from local and international buyers to its special offers. . The new “Alaya Gardens” neighborhood is ideally located in the “Tilal Al Ghaf” project, the unique residential destination that the company is developing in the Emirate of Dubai.

The main difference from Alaya Gardens is the very large areas, unprecedented in the luxury real estate market. As part of its ongoing efforts to meet buyers’ requirements, Majid Al Futtaim Integrated Cities Projects has provided 235 large villas in the new district on large tracts of land, ensuring a secluded atmosphere that allows buyers the highest levels of privacy. The width of the plots varies from 16 to 23 meters, while the built-up areas range from 6,000 square feet for the four-bedroom “Haven” villas, to 10,000 square feet for the six-bedroom “Grand Reserve” villas.

On the occasion of the launch of the new district, Hawazen Esber, CEO of Integrated Cities Projects at Majid Al Futtaim Real Estate, said: “The requirements of our clients represent the mainstay and driving force of our projects. Privacy and spaces to explore. Due to the strategic location of the Tilal Al Ghaf project, which enjoys a beautiful natural environment, it offers many opportunities that allow its residents an active outdoor lifestyle. home that provides for its residents with a peaceful escape from the stress of everyday life, and the privacy around it, is a growing priority in this growing sector. ”

The architectural approach of the new neighborhood is based on biophilic architecture – that is, perfectly in harmony with the natural environment and harmonious with its elements. The Grand Villa in “Alaya Gardens” is characterized by providing a modern lifestyle integrated with sustainable design, as well as the amazing engineering aspects that give it a smooth, uninterrupted flow between spaces Inside and Outside. Ribbed metal details, natural stone and gradient porcelain tiles add elegance to the interior and exterior designs of the villas. The Grand Villa also offers a sense of fluidity and a lack of clear boundaries, relying on open designs and spaces and double-height spaces, with floor-to-ceiling windows allowing the greatest natural light, and offers unparalleled views of the surrounding greenery. environment, which increases in This neighborhood compared to others.

Despite the high privacy that Alaya Gardens offers, it is directly linked to the luxury facilities of the leading residential complex, Tilal Al Ghaf, one of the most attractive residential destinations in Dubai, and was designed in line with Majid Al Futtaim Integrated Cities’ commitment to promoting sustainability in terms of design and lifestyle. The project includes the crystal lagoon Al Ghaf Lagoon with sandy beaches located in the heart of this distinctive residential project on a large area of ​​150,000 square meters, surrounded by a group of luxury neighborhoods that can be moved on foot between them. to hiking and biking trails, open natural spaces and gardens General. The project also includes a range of shops and restaurants selected by “Majid Al Futtaim” and an international school, all located a few steps away from the homes of the residents of the apartment complex to reduce their dependence on commuting by car reduce.

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