Nakheel launches sales for Badrah Waterfront district
Dubai-owned master developer Nakheel on Sunday launched the Badrah district in its Waterfront mega development.
The first phase of sales for Badrah - the second residential district to be announced within the Waterfront - begin on May 25, with handover planned for the end of 2009. The first phase will offer 1,000 apartments and townhouses.
The district, which aims to offer affordable housing, will comprise 45,000 homes on completion. The launch follows the offering of the Waterfront’s Veneto district earlier this month.
Matt Joyce, managing director at the Waterfront, said Nakheel aimed to provide a range of residential accommodation options within Dubai.
“As well as top-end luxury developments we want to create more affordable options for middle and moderate income buyers. Badrah is such a development and an opportunity for a new group of professionals to get onto the Dubai property ladder,” he said in a statement.
The development includes a light rail network, pathways and public transport system planned with direct links to Dubai's metro, which is currently under construction.
The entire Waterfront project will be made up of an inland component and six reclaimed islands, and will accommodate a population of 1.5 million when complete.
Other components of the project include Madinat Al Arab, the Canal District and Waterfront City. Construction is underway in Madinat Al Arab, which includes an accommodation complex that will eventually house 60,000 labourers.
Located along Sheikh Zayed Road, Badrah will border the Jebel Ali Free Zone, near the site where Dubai’s new international airport will be located.
The district comprises four areas - Diaa which has a high proportion of residential buildings and amenities, Talla which has a larger mix of offices, Manara which includes educational and civic amenities and Bahaa which focuses on retail and leisure elements.
All buildings will meet Leadership in Environmental Design Green Building Rating System (Leed) ratings performance international standard, which aims to result in lower maintenance and running costs, Joyce added.
The first phase of sales for Badrah - the second residential district to be announced within the Waterfront - begin on May 25, with handover planned for the end of 2009. The first phase will offer 1,000 apartments and townhouses.
The district, which aims to offer affordable housing, will comprise 45,000 homes on completion. The launch follows the offering of the Waterfront’s Veneto district earlier this month.
Matt Joyce, managing director at the Waterfront, said Nakheel aimed to provide a range of residential accommodation options within Dubai.
“As well as top-end luxury developments we want to create more affordable options for middle and moderate income buyers. Badrah is such a development and an opportunity for a new group of professionals to get onto the Dubai property ladder,” he said in a statement.
The development includes a light rail network, pathways and public transport system planned with direct links to Dubai's metro, which is currently under construction.
The entire Waterfront project will be made up of an inland component and six reclaimed islands, and will accommodate a population of 1.5 million when complete.
Other components of the project include Madinat Al Arab, the Canal District and Waterfront City. Construction is underway in Madinat Al Arab, which includes an accommodation complex that will eventually house 60,000 labourers.
Located along Sheikh Zayed Road, Badrah will border the Jebel Ali Free Zone, near the site where Dubai’s new international airport will be located.
The district comprises four areas - Diaa which has a high proportion of residential buildings and amenities, Talla which has a larger mix of offices, Manara which includes educational and civic amenities and Bahaa which focuses on retail and leisure elements.
All buildings will meet Leadership in Environmental Design Green Building Rating System (Leed) ratings performance international standard, which aims to result in lower maintenance and running costs, Joyce added.
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