Mr Ziyad Alghathbar, Regional Manager of Tanmiyat Group in Dubai, said that the company expects to begin construction on the villas in the coming weeks.
"We have put a great deal of planning into every possible aspect of this project, from design to finance, including opening the escrow accounts required by the new property law, and we are pleased to announce that we will begin construction shortly,"
he said.
Ever since its launch, the Living Legends has been well received in various quarters, having been introduced as one of the region's most promising investment opportunities at exhibitions both locally and abroad.
Located in the world-renowned Dubailand complex, the Living Legends project is a multi-purpose fusion of old-world style and modern design and technology. The $3.8bn project occupies a surface area of 2,296 million m, and is situated 26 km from Dubai 's International Airport.
The innovative designs for the project's many residential, commercial and leisure facilities, inspired by the unique beauty of the ancient Egyptian, Roman and Ottoman empires, also pay tribute to fairy tale fantasy and mythological intrigue, weaving a complex, dreamlike atmosphere throughout the development.
The Residential segment of Living Legends includes 50 lavish 5-bedroom villas, 150 luxury villas, each of which also consists of five bedrooms, and 200 four-bedroom villas. There will also be tower flats sorted into 2, 3 and 4 bedroom-studios and penthouses.
In addition, the development includes a golf course and a number of other services and facilities, standing out as a distinctive architectural landmark in Dubai Land.
In addition, the Trade Legends, an integrated part of the Living Legends, promises to be a business location like no other.
Along with a prestigious location and address, the office towers, which line streets named for famous business districts, offer spectacular views. High-technology services available in the offices include high-speed Internet and intelligent management systems.
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Posted by Eman Hassan
