Majid Al Futtaim breaks ground on premium gated community in Dubai – ZAWYA

  • Date: 13-Jul-2020
  • Source: Zawya
  • Sector:Real Estate
  • Country:UAE
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Majid Al Futtaim breaks ground on premium gated community in Dubai – ZAWYA

Majid Al Futtaim breaks ground on premium gated community in Dubai | ZAWYA MENA Edition HomeBusinessConstructionArticleMajid Al Futtaim breaks ground on premium gated community in Dubai Developer plans to deliver Elan by December 2022    The move by Majid Al Futtaim Communities officially kicks off the construction phase of the development, moving the project one step closer to its planned delivery by December 2022.The milestone follows the sale of 594 total units in phases one and two of Elan, representing a total sales value of AED 900 million ($245 million), said the statement from Majid Al Futtaim.The ground-breaking ceremony demonstrates Majid Al Futtaim's unwavering commitment to its customers' investments, the resilience of Dubai's real estate market, and a period of heightened stability marked by growing confidence among property buyers.The centrepiece of the community is the recreational lagoon, fringed by white sandy beaches that accommodate a variety of water sports.Further positioning Elan as one of the most desirable communities on the market is an abundance of wellness facilities, including a tennis court, basketball court, cycling and jogging tracks, swimming pool, and an indoor gym. A 24/7 grocery store also elevates the convenience for residents, said the statement.Additionally, reflecting the wider community