Green Valley Real Estate, a leading company in the region’s property sector, has launched its 1.7 million-sq-ft Al Dana Island project worth Dh1 billion ($272 million), in what will be one of the largest man-made islands in the UAE.

The development, which will be located in Dibba Fujairah beside Al Aqqa, Oman, will feature a range of luxury villas set in a landscaped environment. An international-standard yacht club and a five-star hotel are also planned.

A total of 376 luxury three- and four-bedroom villas, each with a floor area of one million sq ft, are planned within the secure confines of this luxury development. All will offer views of the Arabian Sea as well as the stunning mountains of Oman, a statement said.

Each villa will have a spacious garden which will extend to the sea, affording residents their own area of private shoreline. Additional features which owners may opt for include a private pool and a berth in the marina.

The villas will be set in landscaped gardens which will feature public parks with seating areas, play areas for children, a range of restaurants and cafes offering the finest dining and refreshments as well as jogging tracks and other sporting facilities.

Wiaam Mahmoud Rabah, chairman of Green Valley International Real Estate, said: “Al Dana Island will be a completely unique development, benefiting from the beauty of the natural environment of the region – it’s the first of its kind to combine a view of both the mountains and the sea at the same time and, as such, will offer residents something which cannot be found anywhere else.”

“We have conceived the project to be a safe, idyllic retreat for both Emirati residents and expatriates who wish to escape from the rigours of modern life and relax in secure, surroundings without compromising on the luxury to which they are accustomed,” he added.

Three-bedroom luxury villas start at Dh1.99 million ($541,670), which offers exceptional value for money for accommodation of this standard, the statement said.

Down payments, which are now being invited, start at 20 per cent of the cost price. The remaining 80 per cent will be paid in 48 monthly instalments, commencing after the first payment, according to the statement.

Al Dana Island is fully-insured, the statement said, adding that the cover includes all the villas and public facilities against natural disasters and extends to individual cover. – TradeArabia News Service