Since White Bay's launch at Cityscape in December last year, the resort style waterfront precinct of Stage 1 has completely sold out, with the majority of the Island Villas in Stage 5 also sold. This represents the sale of over 185 villas in the US$3 billon White Bay project.
The second stage of White Bay, consisting of Waterfront and Attached Garden Villas with a total value of AED 154 million, was released onto the market in April.
"The high demand from customers for the wide range of properties we have planned for White Bay reflects the special nature of the project," said Luke Barnett, ESG spokesman and Development Manager for White Bay.
"Umm Al Quwain is a beautiful part of the UAE and largely undiscovered. White Bay will represent a tranquil retreat with a community feel, offering access to one of the most natural environments on the Arabian Gulf. It is also very accessible - just 60km from Dubai."
The White Bay community will be built around a central marina with the town centre facing the waterfront. A boardwalk running along the water's edge will offer fashion boutiques, cafes and open air restaurants and will be a place for residents to relax and enjoy the natural beauty of the town. This area will also be the focal point for the community's cultural and entertainment precinct.
Two hotels built on either side of the town centre will offer stunning views over the water and gardens, while a retirement residence will provide the latest medical facilities for those wanting to retire in a resort styled community.
ESG is a joint venture between UAE-based Emirates International Holdings and Australian developer Sunland Group Limited. As well as project managing White Bay on behalf of Al Murjan Real Estate, Emirates Sunland Group is currently developing several other projects in Dubai. The world's second Palazzo Versace Hotel is currently under construction on Dubai Creek alongside D1, an 80-storey residential/ resort tower.
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Posted by Anne-Birte Stensgaard, Senior News Editor
