Lotus Park is a townhouse project located in District 14 of Jumeirah Village Circle. This project is developed by AB Properties (by the Bhatia Group). This developer has built several similar developments within JVC including Iris Park, Mulberry Park, Orchid Park, Tulip Park and Valencia Park. The majority of these projects are located within a short distance in District 14.
Nakheel, the master developer of the Circle, originally sold plots to private developers across the Circle allowing for constuction of low-rise, mid-rise & high-rise apartment/mixed-use buildings as well as plots for developing townhouses. For G+2 Townhouses: depending on the size of the lot purchased by the developer, the rows of townhouses they develop have between 8 - 20 townhouses. Rows of townhouses in JVC usually have either 3 or 4 bedrooms; they all are Ground + two floors, and layouts vary only slightly. Location of the project and reputation of the developer are the main factors affecting capital values.
Note: To learn more about pricing trends for all property types in JVC - please visit the Jumeirah Village Circle section of Lookup.ae. We report prices for townhouses in JVC under the cateogary '3 & 4 bedroom townhouses by private developers.' Nakheel also has developed their own townhouses in District 12 of JVC, these are 1 & 2 bedroom townhouses and Lookup.ae reports prices on these seperately.
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Dubai Land Classification Details:
Land Number: 1030
Project Number: 401
RERA Permit No : 15128
Brokerage Firm: Taktical Realty Group LLC