Phase 1 of Andalusia sold and delivered in 18 days


09/02/2014 10:19 AST

National Properties, a subsidiary of National Bonds Corporation, announced on Friday that the entire first phase of its renowned Andalusia Collection has been sold and delivered in only 18 days.

The Collection, which forms part of the renowned “The Villa” project in Dubai, consists of 69 premium villas to be released in three phases, with the first phase comprised of 31 villas already sold out and keys handed over to 31 customers.

Phase 2, consisting of 16 villas, went on sale February 1 and with consumer demand already high, it is expected to be sold out just as quickly as Phase 1.

“The success of the Andalusia Collection has emanated from our vision to deliver high-end real estate on par with international standards right here in Dubai,” said Mohammed Qasim Al Ali, General Manager of National Properties. “We are delighted to be fulfilling that vision, by successfully delivering an ensemble of villas that are unique in design, unparalleled in grandeur and unmatched in quality and value.”

Embracing the unique concept and highly popular Spanish theme that defines The Villa project, the Andalusia Collection recognises the historical link between the people of the Middle East and the legendary Spanish region Andalusia — a name that is derived from the Arabic word ‘Al Andalus’.

The Andalusia Collection villas captures the architectural elements in stunning detail and presents them in three types of spacious luxury villas on generous plot sizes that reach up to 30,000 sqft.

Khaleej Times
Economic and Business News
2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | News Archive
Most Viewed Companies
Ticker Price Volume
QNBK 140.5 228,988
GFH 0.58
AMLAK 1.14 18,569,315
BATELCO 0.23
SECO 24.12 140,394
SABIC 99.9 648,774
ALMARAI 82 205,840
Recent News

Deyaar Development launches Deyaar Al Khair Initiative
: Deyaar Development PJSC, one of the UAE’s leading property development and real estate services companies, has launched Deyaar Al Khair, an initiative that will provide free maintenance services to

Eurozone economy hits ‘speed bump’ in July
Eurozone private sector business activity slowed in July for the second month running but was still running near six-year highs, a closely watched survey showed yesterday.

Analysts said that

Bahrain, Pakistan discuss strengthening cooperation in tourism sector
Bahrain and Pakistan are looking to deepen their relations and broaden their cooperation across all fields, especially the tourism sector.

Shaikh Khalid bin Humood Al Khalifa, chief execut

Alba’s H1 net income surges 111pc to $115 million
Aluminium Bahrain (Alba) has posted a net income of BD43.3 million ($115.2 million) for the first half of 2017 versus BD20.5 million ($54.5 million) for the same period in 2016, marking an increase o

Pressure mounts on the US dollar
The US dollar weakness continued through July as the US Dollar Index, a measure of the value of the greenback against a basket of major currencies, tanked to a 13-month low. For the better part of th

GulfBase GCC Index
Search By
  • Company Symbol
  • Company Name
  • Mutual Fund Name
  • News Content
Send this page to a friend

Poll

Looking ahead, what change you are more likely to make in investing in your domestic stock market?