Off Market Investment Opportunity On The Palm Jumeirah 8-12% ROI

 In 2013, it is estimated that more than 10 million visitors arrived in Dubai, pushing hotel occupancy rates up to 80% on a city-wide basis. With aggressive plans to reach its goal of 20 million visitors by the end of the decade, it’s expected that Dubai’s hotel supply will need to nearly double from 68,000 to 120,000 rooms. Only a small percentage of those rooms are able to be built on the emirate’s most highly-sought destination and home of the resort the Palm Jumeirah. 

I am writing to offer you an exclusive “OFF MARKET” unlaunched investment opportunity on the Palm Jumeirah!  Allow me to introduce you to the Exquisite Beach Resort Project.

Exclusive stock of 30 units available to purchase (10 already booked since Thursday), not yet available on the market in the Luxurious  Project on the Palm Jumeirah – we can offer you the opportunity to “cherry pick” the best units on this ocean front development!

This is a rarely available investment opportunity to buy into a “rental pool” serviced hotel apartment offering.  The developer is highly regarded with two existing developments in conjunction with the Fairmont Hotel group on the Palm Jumeirah.  This is their most exclusive development to date with the highly sought after “Miami Style” Hotel apartment living (featuring Kenzo Maison for the lobbies and communal areas) with all the amenities and luxuries offered by a hotel environment.  This type of product is particularly popular amongst investors who appreciate the rental yield of between 8 and 12% pa along with having available weeks for your personal disposal.

We would recommend entering into the hotel rental pool although there are separate residences available too

Payment Schedule for these units is very attractive with 10% on reservation of the unit, 10% 90 days later and then 10% payments upon completion of stages of contraction as per rules of RERA.

We would advise committing to the project until at least 70% completion to see maximum returns on your investment or better still take advantage of the yield and sell one year post completion.  The current similar rental pools which exist in the Address Hotel Brand both in the Marina and Downtown both have at least one year waiting lists to enter the rental pools, rarely come available for sale and when they do the units are sold with a premium for the privilege of being part of the pool.

When comparing these prices to ready Emaar apartments in Downtown and Dubai Marina, you can really grasp the investment potential here. Those projects are currently AED2200 + however they do not offer hotel resort environments, on the beach on the Iconic Palm Jumeirah.  They also do not provide yields of 8-12% which are expected with this development if entered into the hotel rental pool.

Should you wish to discuss this opportunity further and would like to receive a brochure or to visit the development,  then please do not hesitate to contact me and I shall be delighted to assist you and choose the best unit available for your investment!

edithmakena@gmail.com or +971557162933. Edith.

Exclusive: The list of cancelled property projects in Dubai by RERA

Last date of submitting applications is August 31: Dubai Courts

By

• Parag Deulgaonkar

Published Monday, June 09, 2014

Dubai Courts has put out a list of developers and their cancelled projects.

To date, Dubai’s Real Estate Regulatory Agency (Rera) has never officially published the list of cancelled projects.

Eighteen developers have been listed on the court's website with the total number of cancelled projects being 36. No date of when the information was uploaded has been mentioned on the website.

The following is the list of developers and cancelled projects:

Remah Holding Limited
Tower 88

High Rise Properties LLc

Dorna Tower
Orchid Residences
The Heights-Golden
Waves Business Tower
The Heights-Silver
Rotating Residence
Heigh Rise Boulevard1
Heigh Rise Boulevard2

Alternative Capital Invest Gmbh

Wings Of Arabia

Khyool Investment Llc

Abjar Tower
Faras 2

Makaseb Properties

Rufi Tower (Quattro)
Archery Tower
Rufi Lake View
Quattro West

Dheeraj & East Coast Llc

Cascade Manor

Merwess Abdulaziz

Azizi Feirouz I
Azizi Feirouz II
Azizi Feirouz III
Azizi Fountanne Tower

Bux Holdings Limited

Beti Ul Funoon

Cliff Dwellings Enterprises Ltd

Global Golf Residence

Parshwa Holdings Limited

Sapphire

Galadari Investment Office Limited

G-Office Tower

Escan Real Estate PJS

Escan Tower

ME Development Llc

Windsor Residence

IR Investments Holding Company Limited

Tonino Lamborghini-Elettra Residence

Orbit Holdings Ltd

Orbrit Holding

Al Zahra Properties

Eden 1
Eden 2
Sunset Gardens B
Sunset Gardens A
Sunrise 2

Hampstead & Mayfair Development Limited

Hampstead Residences

Zenith Real Estate Development Llc

Zenith Tower A3

Dubai Courts, on its website, states the committee will resume the first stage of its agenda in the above-mentioned list of cancelled projects.

The last date for submitting the manual or electronic applications by investors is August 31, 2014.

Investors can register manually by paying a visit to Dubai Courts in the evenings from 2.30 pm to 7.30 pm on the main building 'central services hall on the first floor' or electronically by clicking on the name of the project and then filling in the required data, the Courts states.

"The committee for the liquidation of cancelled real estate projects in the Emirate of Dubai and settlement of rights related thereof, specializes in liquidation of real estate projects, by which a final decision of cancellation has been issued by Rera, whereas the judgments, orders and decisions issued by the committee shall be final, peremptory and unappealable by all means of a regular appeal, and shall be executed by the implement Department Dubai Courts," Dubai Courts said.

In July 2013, the Dubai issued Decree No. (21) of 2013 setting up a special legal committee for the liquidation of cancelled property projects and the settlement of rights disputes related to such projects.

(Read: Panel to liquidate cancelled property projects in Dubai set up)

Rera officials have previously declined to release the list of cancelled projects, stating investors are sent emails of the cancellations, real estate experts have called for release of the information on cancelled projects.

Rera data reveals 187 projects have been completed since the beginning of 2009; 253 projects are on hold; 232 projects are likely to be completed in due course.

Costliest and cheapest areas to rent 2-bedroom apartments in Dubai

Palm Jumeirah costliest but Discovery Gardens shows maximum increase

Palm Jumeirah is the costliest community to rent a two-bedroom apartment in Dubai, but Discovery Gardens registered the maximum increase in the first quarter of 2014, according to a new report released by Land Sterling.

Average rents for two-bed units in Palm Jumeirah were at Dh170,000 per annum, rising 6 per cent in the first quarter compared to the final quarter of 2013, Land Sterling said in its Q1 report.

Discovery Gardens saw rents jumping 13 per cent to Dh90,000 per annum during the same period.

IMPZ and Business Bay saw rents for two-bed units rising by 12 per cent each.

Units were leased on average for Dh83,000 pa and Dh145,000 per annum, respectively.

Downtown Dubai saw a 3 per cent hike in the first quarter, compared to Q4 2013, and is at Dh165,000 per annum on average.

Dubai Silicon Oasis rose by 2 per cent with average rents being Dh87,000 pa.

In International City, on an average, a two-bed is being leased at Dh70,000 pa, with a quarter-on-quarter increase of 8 per cent.

Earlier this month, Asteco Property Management put the rental increase quarter-on-quarter for Palm Jumeirah, Discovery Gardens and Downtown Dubai at 3, 4 and 6 per cent, respectively.

With the population of Dubai expected to grow to 3.1 million in 2020 (at an assumed CAGR of 5 per cent), analysts estimate housing requirement to increase by 170,000 units in 2020, the report said.

“In the run-up to World Expo 2020, most of the city's supply estimates - residential, office, retail and hospitality - are being built based on the development requirements needed to host such an international event.

“Though developers may favour hospitality projects over residential ones during this interim period, housing supply needs to be maintained at the current historical average of 21,000 units per year to avoid any shortage, which may result in spikes in sales price and rent,” Land Sterling analysts asserted.

Emirates 24|7 reported earlier that Dubai was unlikely to witness oversupply of housing units with experts and developers ruling out any glut in residential market.

HSBC Global Research said this month that Dubai will see a supply of 90,000 new units by 2018, but the market will absorb – fairly easily — the new supply even if the population grows less than 5 per cent per year.

“We believe that we have not yet reached the peak of the cycle, and that the market can continue to absorb the expected supply additions over the next few years, even at a population growth rate below 5 per cent,” the bank said.

Dubai is to build the largest ever Expo site under the theme ‘Connecting Minds, Creating the Future'

The UAE has won the right to host the World Expo 2020 in Dubai under the theme ‘Connecting Minds, Creating the Future’. Every five years and for a period of six months, World Expos attract millions of visitors. The World Expo has never been held in the Middle East, Africa and South East Asia in the history of the event.

Dubai is to build the largest ever Expo site at Jebel Ali Dubai World Central (DWC) ahead of hosting the event in 2020 at a cost of between $2-4bn.
And Cynthia Corby, audit partner, construction industry leader, Deloitte Middle East, revealed ‘secondary infrastructure spend’ will be upwards of $8bn, and will include construction opportunities in the transport, hospitality, retail and commercial sectors.
She said: “With Dubai winning Expo 2020 we will see renewed confidence in the already improving construction industry. In a market that relies upon confidence and optimism, this is a much-needed stimulus to create momentum for a renewed development and economic cycle.”
Dubai’s Roads and Transport Authority (RTA) has revealed that they will fast-track a $1.36bn expansion of Dubai Metro’s Red Line to connect to DWC.

And Emaar Properties have announced that it has signed a memorandum of understanding with DWC to develop a massive (13.63mn m2) golf-centred residential estate adjacent to the area surrounding the Expo 2020 site.
In the company's report: 'Expo 2020: A game changer for Dubai', Corby said: “These are the first of many announcements regarding large-scale projects being planned in the wake of the Expo win.
“It only takes a quick analysis of the impact of an expected additional 20mn international visitors over a six-month period to see that significant investment in hospitality and retail infrastructure will be required.”
It is estimated that up to 30% of the potential 300,000 jobs created by Expo 2020 will be in the construction sector alone.

The government has also announced that all new and existing construction projects are going to be fast- tracked to be ready for 2020.
However, Jesdev Saggar, managing director, Infrastructure and Capital Projects, Deloitte Corporate Finance Limited, urged a level of caution as the Emirate continues its recovery from the economic crisis that enveloped the world in 2009.
He said: “Dubai has been dealing with the close out of its financial obligations over the downturn years and the lessons learnt during the close out of these obligations would be usefully applied to avoid this pressure as the government is to embark on funding future infrastructure to meet the demands of hosting a global event.
“While challenging, that does not mean that it cannot be done, these challenges can be met with the right planning and coordination of spend across all the authorities.
“Expo, like any major event is all about coordination and planning and its success or failure will be a result of how well the authorities unite to capitalize on its potential.”

if you are thinking of high returns on investment in Dubai please contact me on edith@flashproperties.com or +971557162933.

The Last Great Investment In Down Town Dubai With Amazing Burj Khalifa Views

New Downtown Dubai project: Prices @ Dh1,800 psf
Project completion by December 2016

Elite Downtown is located next to Emaar’s Southridge cluster. (Supplied)
A Dubai-based private developer will be launching a new residential tower in Downtown Dubai and will sell units starting at Dh1,800 per square feet, Emirates 24|7 can reveal.

Now a Privileged Selection of customers will have the opportunity to own luxury homes within the 'Elite Downtown Residence' the newest masterpiece in Downtown Dubai.
The homes will be with premium finishes and luxurious amenities, the Elite Downtown Residences homes in the center of Dubai will be a 24-storey tower, which also features a five star premium pool and gymnasium and numerous other facilities.

“We will soon be launching Elite Downtown Residences, which we plan to deliver it in December 2016,” .

A View On Dancing Fountain                                    

Elite Downtown Bay View

Elite Stylish Design                                    

Elite Lobby                                    

Elite Tower Plot Location                                    

UNIT PRICES

Elite Private Gym                                    

Elite Privately Designed 

Exquisite Living Space                                    

Elite DTR Location Map                                    

3 years payment plan

In the past 18 months, Emaar Properties, Dubai’s largest developer, has launched series of projects The Address The Blvd, The Address Residence Fountain Views and Burj Vista in Downtown Dubai.

Damac Properties, a private developer, is the only other developer to have launched projects in the 500-acre master community, which has a development value of $20 billion.

Currently, off-plan properties in Emaar projects are selling between Dh2,400 and Dh3,500 per square foot in the secondary market. Prices, however, vary with the view and floor of the tower.

“We are not putting any clauses to ban speculators. People can buy and sell,” Beg added.

Emaar has already banned local real estate from selling any off plan property, bought in their own name, till completion. Investors have to make 40 per cent payment to sell in the secondary market.

The tower is located next to Emaar’s Southridge cluster and is being built by Triplanet Range Investments Ltd, which is a joint venture between Triplanet International and Range Investments. It will house nearly 200 furnished apartments.

Knight Frank’s Prime Global Forecast report has revealed that Dubai will top of the list of global cities that will witness double-digit price growth in 2014. It expects 10 to 15 per cent increase in prices.

The developer has already launched seven projects in Dubai Sports City of which five have been delivered and two in handover stage.
CONTACT ME FOR MORE DETAILS ON THE SAME.

http://www.emirates247.com/property/new-downtown-dubai-project-prices-dh1-800-psf-2014-01-08-1.533878

Decree No. 43 of 2013 New Dubai Rent Index brought out by the Real Estate regulatory Agency (RERA)

Mohammad issues decree on property rent caps in Dubai while renewing tenancy contracts

http://www.dubailand.gov.ae/english/eservices/rentalincreasecalculatoren.aspx - a link to the Dubai Land department to calculate your rental cap according to your locality and similar property.

Dubai: Future rent increases in Dubai will be decided by a weighted average of what properties in that particular area command rather than an arbitrary demand by a landlord. It applies equally to residential and commercial realty in the emirate. 
This will be the natural result of a new decree issued by His Highness Shaikh Mohammad Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai.
The Decree, No. 43 of 2013, sets a specific band on how the optimum rental increases that a landlord can demand while renewing leases.
The new rental slab will not allow landlords to raise rents on renewals if the current lease is only 10 per cent lower than the average rent of a similar property.
It will be applicable to private and public sector owned properties in Dubai, as well as — pertinently enough — within the free zones. The Decree thus brings the future setting of lease terms and renewals more in sync with the Dubai Rent Index brought out by the Real Estate regulatory Agency.

Landlords can raise rents on renewals by:

• 5 per cent if the earlier rental is 11 to 20 per cent lower than the average rent for a similar property;
• 10 per cent if the rental is 21 to 30 per cent lower than the current going rates for properties of a similar scale;
• 15 per cent if the rent is as low as 31 to 40 per cent than comparable ones; and
• 20 per cent if a property’s rental is more than 40 per cent less than the average.

In a statement, the Dubai Government emphasized the need to abide by the new regulations. The Decree takes effect from the date of issue and will be published in the gazette.
“There were several controls already in place, such as the rent cap, to ensure landlords could not arbitrarily hike rents on renewals,” said Niraj Masand, partner at the real estate services firm Banke M. E. “The creation of the rental slab and the strict parameters on when and by how much hikes can be effected will have a significant impact on market dynamics.”
The latest announcement is seen as part of a series of steps taken by the Dubai Government to ensure that the momentum build-up within the real estate sector is managed well and does not lead to an overheated environment.
It was in late September that Dubai reconstituted a court — under the aegis of the Land Department — exclusively given to handling rental disputes, for both residential and commercial properties.
There were concerns in the local property sector that the city winning Expo 2020 would place additional stress on rentals. New businesses and new professionals coming in would lead to saturation demand on available property stock, which would then lead to landlords to demand more.
Now, with the rental slab and its link-up with the rental index, landlords’ leeway in setting the terms of renewals is circumscribed to an extent.

Will this mean a doing away with the rental cap? While there has been no statement on the same, market sourced believe with the new leasing renewal structure in place, the rationale for a cap is no longer there.

Luxurious 3B/R hotel service apartment in Signature with Burj Khalifa view

Have you ever wanted to own a 3 bedroom hotel apartment with guaranteed ROI in the most prestigious location in town, if so don't let this rare opportunity pass you by.

No service charges, utility bills in Dubai's 'Sustainable City'

Dubai Sustainable City: Home owners will not pay service fees

Diamond Developers to hand over 100 villas by December 2014

By

Parag Deulgaonkar

Published Monday, October 07, 2013

Artist impressions of Dubai Sustainable City (Supplied)

Image :

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Diamond Developers, a Dubai-based developer, aims to deliver first 100 of the 500 villas in Dubai Sustainable City by end of 2014, Emirates 24|7 can reveal.

“We are expecting to get the building permit soon.

“The first 100 villas will be ready for handover by end of 2014,” disclosed Faris Saeed, Chairman, Diamond Developers.

No service fees

Sales price for phase one villas will start from Dh1,000 per square foot. Even though the project will offer a countryside living ambiance, home owners will never ever have to pay service and community charges.

Saeed says: “Our package will include zero service charges, zero community fees and zero maintenance fee for villa owners.

“We will even give our buyers a golf cart that they can use within the city and a subsidy to buy another electrical car.”

So, who pays for service charge?

Diamond Developers are offering a commercial proposition to allow home owners to pay all their fees.
“In fact, we have made all the 500 villa owners our partners in our 55,000 square foot retail area and 55,000 square foot office block. The rent generated from here will be divided into shares and given to residents.

“We believe each share will cover all their costs and if the income exceeds the cost residents will take home money,” he adds.

Flipping won’t be easy

The developer does plan to allow investors buy at least three villas, but resale won’t be easy as no-objection certificate will be allowed only after receiving 50 per cent payment on the unit.

“We won’t allow people to sell unless they have paid 50 per cent of the unit value.”

Investors will have to pay 10 per cent down payment, 10 per cent when construction starts, 30 per cent will be linked to construction milestones with the remaining 50 per cent on completion.

To ensure that the project does not get delayed due to lack of funding, Saeed already has got investors who are willing to back him up.

“We have investors who are interested to finance/come into partnership for other elements such as school, university and resort besides the residential component.”

Cityscape launch

“We will commence sales during Cityscape and hopefully, we will be able to sell 50 per cent of the project in a month.

“There is a strong investor interest and we are optimistic that the whole project will be sold out in the next three to four months.”
The 500 villas will be developed in five clusters.

The City, located in Dubailand, houses a planetarium, school, university, commercial and retail space, equestrian facilities and a 143-room resort, and is set for completion in 2015.

There will be a three-kilometre biking track along with residents given an opportunity to engage in agriculture.

The green belt will have 20,000 trees, a 5,000 square foot- long water canal with a tourist minaret will allow a view of the city at an altitude of 100 metres.

At least 20 per cent of the construction area will be built with eco-friendly materials, with 60 per cent of the project landscaped.
Solar farms will cover 600,000 square feet, while 50 per cent of the cooling energy in the city will generated through solar power.

Promoting the concept

Diamond Developers has been approached by property firms from other countries who want to replicate the project.
“We have been approached by developers from other countries and they are seeking for our support and consultancy to replicate our project,” Saeed said, adding, “We will announce details at the right time.”

Green claims

- All the buildings are directed against the sun, face north, so direct sunlight is eliminated

- All the walking areas are shaded

- Sixty per cent of the project is landscaped

- 100 per cent of the sewage water will be recycled

- Each villa has been designed in a very effective way to ensure 50% saving in electricity and water bills

- Each house will have solar panels on the roof, which can hopefully produce 50 per cent of the consumption

- There will be electric buses, operating every 15 minutes, in the city

- The city will host social events all through the year to promote social sustainability

- The city is open to everyone and is part of Dubailand’s vision to have many attraction point

New passenger terminal at Dubai's second airport to open on October 27

Dubai's Al Maktoum gets nod to start passenger ops

By Andy Sambridge 19 September 2013

New passenger terminal at Dubai's second airport to open on October 27

Aviation regulators in the UAE said on Tuesday they have given the green light to Dubai's second airport to start passenger services.
The General Civil Aviation Authority (GCAA) said it has certified Al Maktoum International at Dubai World Central (DWC) for passenger operations.
This paves the way for the new passenger terminal building to open on October 27, a statement said.
In a letter issued by GCAA's Air Navigation and Aerodrome department, the regulator acknowledged the "hard work and commitment of Dubai Airports in achieving the status of full aerodrome operations".
"This is a welcomed and critical step forward in the process of preparing DWC for full passenger operations," said Jamal Zaal, vice president of airside operations at Dubai Airports.
"We will continue to press ahead with trials that test every system, process and piece of equipment in the new terminal, be it signage, gates or boarding procedures to make sure the new facility is ready to accept passengers on October 27."
He said facility preparations will culminate in advanced passenger trails on October 12 where the full passenger journey through the new terminal will be tested by 1,000 members of the public to identify any areas for improvement before its doors
An advanced passenger trial using employees will take place in early October as a dress rehearsal for the public trials, he added.
The new passenger terminal building is designed to accommodate five to seven million passengers per year.
When completed, DWC will be the largest airport in the world with five runways and capacity for 160 million passengers and 12 million tonnes of cargo.
Earlier this year, Khalifa Al Zaffin, executive chairman of DWC, said up to 25 airlines were in talks to set up operations to Al Maktoum International.
DWC opened for cargo operations in 2010 while approval for general aviation operations – mainly involving private jets – was granted in 2011.

The emirate’s existing airport, Dubai International Airport is in the middle of a $7.8bn expansion programme.

Aurora Promenade Dubai Marina stunning 2 bedroom plus maid for sale

 AURORA (Marina Promenade) STUNNING FULL MARINA VIEW - HIGHLY SOUGHT AFTER

• Unit/Suite : 05 Type  (between 5th & 10th floor) 
• Total Area 1404 sq ft :   2 BR + Living + Balcony 
• Service Fee : AED 22.93 per sqft per year
• Title Deeds available & Property is free of any mortgage or finance i.e. quick no hassle transfer for buyer

Only 3M Net to Seller (or AED 2.98M cash) 

This is a very HOT unit !! Very difficult to get these in the market as you know, and they sell very quickly. 

It has an amazing FULL view of the marina, and a lovely and very functional square layout (unlike the 04 units!!). 

High quality Emaar finishes and includes top of range Zanussi kitchen appliances - fridge/freezer, oven with hood & dishwasher.

Facilities in the building are second to none, as you would expect from a prime Emaar property e.g.  swimming pools, squash courts, multi-function rooms, kids play areas.

Please call or sms in advance (2-3 hours’ notice) to arrange viewings.

This stunning, VACANT, below market value property sells itself !

Contact: edith@flashproperties.com or 0557162933

The World In A City at Falcon City Of Wonders

The wonders will include;

Dubai Eiffel Tower
Dubai Grand Pyramid
Villas
Taj Arabia
The Tower of Pisa
Dubai Hanging Gardens of Babylon
Town of Venice
Dubai Light House
The Great Wall
Theme Park
Falconcity Mall
Falconcity Towers

The Residential villas of the Falconcity of Wonders are situated in the falcon wings. The Villas guarantee a superb life style and each owner has the option to choose their house design from four distinguished themes.

Dubai Eiffel Tower would hold the central location of the falcon commercial sector which hosts commercial, residential, recreational and retail elements. The tower surrounding represents Falcon Elysees. The Dubai Eiffel Tower would be the perfect compliment to a distinguishing life style. The Falcon Elysees will be rich in landscapes with parks, cafes, gardens and fountains. Around the perimeter of the tower complex would run a circular shopping arcade enriched by famous brands of fashions and styles.

The pyramid of the Falconcity emulates the Egyptian architectural wonder in a modern day context. The Grand Pyramidwill be a multi functional complex housing residences, offices and other recreational avenues. It is the biggest pyramid in the world.
Of the two smaller pyramids, one will host exclusively Falconcity management facility, while the other is a commercial premise in the theme park. With ultra modern facilities of luxury and convenience, the pyramids will attract all enthusiasts of fine living, shopping and fun.

A focal component of FCW project will be the Land of India with an actual replication of the majestic Taj Mahal monument and its garden surrounded by Indian Raj and Mughal architecturally landmark buildings.

A multidimensional development, it will encompass: Free hold residential buildings comprising two and three bedroom apartments; mixed-use buildings offering commercial offices and residences; and buildings fully serviced apartments.

Standing as a centerpiece in this estate is the magnificent Taj Arabia Palace Hotel, a breathtaking replica of the original and yet four times larger! It is embedded in an exquisitely landscaped estate replete with lush greenery, soothing water fountains and  cascading streams.

Dubai Tower of Pisa is another wonder monument that will add to the beauty of the Falconcity of Wonders. It will be located in the city of Rome. Visitors and residence of the Falconcity will enjoy the Grand Structure and the Engineering Marvel of the Historical Wonder.

Dubai Hanging Gardens of Babylon in Falconcity brings to life a lost ancient wonder. This imaginatively designed complex will house eco-friendly luxury flats, with many open-air restaurants and coffee shops, with the garden overlooking the falconcity Mall.

The most romantic place in the Falconcity would be Town of Venice situated by the waterfront. Developed with wonderful waterfront, open-air cafes, gondolas and pedestrian shopping, Town of Venice brings to you a unique Italian dreamy experience.

The Dubai Light House brings back to life another ancient wonder that does not exist in real world anymore. The Pharos of Alexandria was a lighthouse built in the 3rd century BC on the island of Pharos in Alexandria, Egypt to serve as that port's landmark, and later, a lighthouse. With a height variously estimated at between 115 and 135 meters (383 - 440 ft) it was among the tallest man-made structures on Earth for many centuries, and was identified as one of the Seven Wonders of the World. It was largely destroyed as a result of two earthquakes in the 14th century AD. However now at the Falconcity of Wonders Dubai, you will witness the new Dubai Light house, and it will serve as a lighthouse, landmark, and an  architectural marvel at the same time. It will host commercial, residential, recreational and retail elements.

Imagine your self jogging on top of one of the greatest walls ever built, stretching from one side of the Falconcity theme park to the other. It will be higher than a 3 story building and stretching over 1700 Meters, keep in mind that an Olympic jogging track is 400 meters. So if you jog from one side to the other and back once a day, it is as if you have jogged an Olympic jogging track 8.5 times. The Great Wall will also act as a buffer zone between the theme park and the residential area. Therefore when adrenalin rush addicts are having fun ridding the double looped rollercoaster’s and they are having fun, the noise generated will be blocked by the high wall and as a result people resting at home will not feel or get bothered by them. The Great Wall is another attraction at the Falconcity of wonders that all visitors and residents must see.

The Falconcity Theme Park is a tourism, hospitality, entertainment, leisure and retail mega project, It will cover an area of 4 million square feet (366 Thousand square meters). The Theme Park is being built to make it the most ambitious tourist destination ever created and is being created to appeal to the widest audience of tourists, covering all age groups, nationalities and activities.

The main feature of the Falcon Head is the shopping center, designed to represent the falcon’s mane, the shopping center would be architecturally unique. The shopping center’s strategic location near the main road makes it easily accessible to Dubai’s shopping public as well as to the in-house residents of the Falcon City.

Falconcity Towers, which will be located at the base of the Falconcity of Wonders project at the feet of the Falcon beside the international cities such as Rome, Venice, Beirut, and India, will comprise a total of 24 towers made up of residential, commercial and hotel towers. At the center of this project will be a 1 million square feet park to complete the recreation of New York City’s Central Park. Moreover, there will be 29 floors dedicated to parking, which will be strategically located to ensure easy access for residents and visitors.

 IF YOU WANT TO LIVE IN THIS EXCITING CITY OR YOU WANT AN INVESTMENT THAT WILL GIVE YOU A GREAT ROI PLEASE CONTACT ME.