Real Estate
Success at Majid Al Futtaims flagship Dubai community as sales of Elan neighbourhood close following unprecedented demand
Sales of the third stage of the Elan neighbourhood at Majid Al Futtaims flagship Dubai community, Tilal Al Ghaf, have strongly closed following fantastic demand for the premium residential address. The latest announcement of 322 homes was locked up by buyers within just 48 hours, building on the outstanding success of the first and secondary phases that contracted out within seven days.
With foundation work undertaken and handover anticipated as early as December 2022, the town is fast growing one of Dubais most sought-after destinations with more than 900 units now sold. The amount of interest and pace of investment is testament to Majid Al Futtaims strategy of monitoring and reacting to modern buyers and investors needs to deliver highly sought-after addresses and novel environments.
Tilal Al GhafsElancomprises three- and four-bedroom homes nestled around a recreational lagoon and white sandy beaches. The town stars a range of signature Majid Al Futtaim retail options and a world-renowned school perfectly located within open green spaces, walkable neighbourhoods lined with Ghaf tree trails, 18km of cycling and jogging trails, and nature-inspired outdoor amenities.
Hawazen Esber, Chief Executive Officer, Majid Al Futtaim Communities, said, Tilal Al Ghafs bold vision and grand commitment towards the Dubai and GCC market have been compensated by an intense response to Elan, which repeats the design of the entire town - a healthy, socially fulfilling lifestyle that gives people a sense of belonging and a place where a span of families can create great memories for a lifetime.
Tilal Al Ghafhighlights Majid Al Futtaims core belief of human-centric destinations destinations brought to life through communities that are designed and built with the customer and end-user in mind. Situated in highly sought-after locations, these exceptional and sustainable properties nestled within holistic environments that offer a full ecosystem of amenities and facilities for people to unwind and socialise.
The success of phase three launch underlines buyers confidence in Dubais real estate market and the sustainability of the wider economy. It also demonstrates trust in Majid Al Futtaims track record as a lifestyle and leisure conglomerate in the region