Sooma Real Estate Developer has completed its first residential building in Al Furjan.
Situated within Nakheel's 560-hectare master development, Al Fouad was officially launched earlier this month, with 51% of the apartments sold out so far.
The project houses 105 apartments ranging from studios to three bedroom units as well as two retail units on the ground floor, a rooftop swimming pool and gym, and underground/over ground shaded parking.
“The completion of our first residential project in one of ‘New Dubai’ popular locations addresses the emirate’s rising demand for family-friendly and affordable communities,” said Omar Hafez, CEO of Sooma Real Estate Developer.
“With forecasts hinting at a rise in the number of first-time home owners in Al Furjan, thanks to enticing returns, attractive prices, post-completion payment plans, and proximity to the upcoming Dubai Metro station, we aim to set a new standard of living with our unique development. As a ready property, Al Fouad apartments bring investors immediate returns.”
Al Furjan is currently home to more than 5,000 people - with a projected population of over 65,000 when completed.