Construction & Real Estate

Dubai South Properties unveils new 268-unit residential development

Master-developer Dubai South Properties has announced the launch of ‘The Pulse Villas’, which constitutes the second phase of The Pulse development, the heartbeat of Dubai South’s Residential District. 
 
Offering built-up areas ranging from 1,894 sq ft to 2,720 sq ft, The Pulse Villas features 268 units comprising 242 two- and three-bedroom townhouses as well as 26 four-bedroom, semi-detached villas, which come equipped with closed kitchens, private gardens, maid’s rooms, storage, study rooms and laundry rooms. 
 
Prices start from AED850,000 ($231,381) for two-bedroom units, AED 1 million for three-bedroom units, and AED1.25 million for the four-bedroom villas. Located along the Expo Road, the project benefits from easy access and is scheduled to be completed by 2024.
 
The Pulse Villas community will also feature additional amenities, such as a mosque, a sports zone that incorporates football, basketball, tennis and padel tennis courts, a fitness centre, swimming pools as well as RTA public bus service routes to the Expo metro station and Sheikh Zayed Road.
 
Dubai South Properties said the launch follows the successful selling out of townhouses at the development as well as the surge in demand for villas in the area, which is evident by the fact that 50% of the villas are already booked by investors.
 
Mohammed Al Awadhi, from Dubai South Properties said: "We are committed to providing customers with a diverse range of properties to meet their aspirations and needs. As we get closer to Expo 2020, the population in the Residential District is also expected to increase in the years to come."
 
"The successful selling out of the first phase of townhouses at The Pulse encouraged us to launch a second phase. This reflects the demand for Dubai South’s Residential District which represents an innovative concept in urban living with its seamless connectivity to key landmarks in the city through major roads and metro lines," stated Al Awadhi.
 
"For this project, we are offering a payment plan that includes a 5% booking fee and a 2% DLD waiver. Additionally, payment for units will occur in two phases: 50% during construction and 50% over two years post-completion," he added.-TradeArabia News Service