EMAAR reports tremendous response to new phase of The Meadows

The company further announced that bookings for the new phase of the project is currently open, on a first-come basis, to UAE & GCC national and expatriate investors, at the company's sales office at The Lakes Community Centre. The facility is open 7 days a week, from 10 am - 8 pm.

The launch of the latest phase of The Meadows follows the resounding success of the first phases of the development, which saw a record number of villas snapped up by UAE & GCC national and expatriate investors in quick time.

Mr. Mansour A. Al Othaimin, Director, GCC, International & Commercial, EMAAR Properties, said: "The Meadows is one of our most successful real-estate development projects and is targeted at customers who are seeking a luxurious lifestyle environment with a range of amenities and facilities to match. The overwhelming response to the various phases of this project goes on to prove that customers continue to put a high value on quality real-estate development."

Envisioned and master planned by the company in Dubai's new growth corridor, The Meadows will offer residents a distinctive and unique living environment that will cater to virtually all their needs. Now taking shape beside the renowned Emirates Hills and The Lakes developments, The Meadows will feature affordable villas that are steps away from the Emirates Golf Club and The Montgomerie Golf Club.

This community will be served by a park, have access opportunities to facilities within the Emirates Hills and The Lakes development, and will enjoy the benefits of charming streetscapes and local amenities. With built-up areas ranging between 3,578 square feet and 4,931 square feet, the luxurious four, five and six bedroom, double-storied villas are each surrounded by a garden and a garage.

Mr. Al Othaimin further added that the majority of investors at The Meadows were individual home-buyers, who would actually live in this community with their families once it is ready in 18 months.

"The success of The Meadows project has given a big boost to the region's property market, and will significantly increase home ownership among nationals, and both Arab and non-Arab expatriates living in the UAE and the GCC. Home ownership, apart from being an attractive and tangible investment proposition for customers, also forms the foundation of a stable and healthy Dubai economy," he added.

The Meadows is yet another visionary master planned community by EMAAR, which will be an integral part of the high profile downtown of Dubai which includes, The Dubai Marina, Emirates Hills, The Springs, The Greens at Emirates Golf Club, Dubai Internet City, Media City, the American University in Dubai, beaches and luxury hotels.