Arabella is a Townhouse enclave located in Mudon Phase II. The developer, Dubai Properties announced the project in May 2015. The launch is scheduled for May 17th, 2015 on a first come first serve basis.
- 3 Bedroom Townhouse Middle Built up area of 1,984 sq. ft average plot size of 2,111 sq. ft. Starting prices from AED 1,500,000.
- 3 Bedroom End Built up area of 2,027 sq. ft., average plot size of 3,262 sq. ft. Starting prices from AED 1,710,000
- 3 Bedroom Semi-detached Type A Built up area of 2,350 sq. ft., average plot size of 3,328 sq. ft. Starting prices from AED 2,040,000
- 3 Bedroom Semi-detached Type B Built up area of 2,398 sq. ft., average plot size of 3,494 sq. ft. Starting prices from AED 2,020,000
- 4 Bedroom Semi-detached Built up area of 2,603 sq. ft., average plot size of 3,328 sq. ft. Starting prices from AED 2,260,000
10% on booking (plus 4% Oqood fees)
5% December 2015
5% June 2016
5% December 2016
5% June 2017
70% on completion
Arabella's second launch on October 10th, 2015
- Today Dubai Properties announced the launch of another phase of Arabella townhouses within the Mudon master-community. Previously over 600 units (townhouses and semi-detached units) were sold in Arabella and the previous launches were deemed a huge success in slow market conditions.
- All property types and payment-plans are the same for this new phase.
- According to sources, only approximately 100 units will be launched; however we have not independently verified this.
- Starting prices for the smallest unit type (the 3 bedroom Middle Townhouse) will be AED 1.8 million onwards. In previous launches, the middle townhouse had starting prices ranging from AED 1.55 - 1.67 million.
- Properties will be sold on a first come - first serve basis. However, based on previous launches, buyers can expect a large no. of people to start queuing to purchase from Friday morning onwards.
- The payment plan is 10% down, 5% payable Dec 2015, 5% payable in June 2016, 5% payable in Dec 2016, 5% payable in June 2017. Remaining 70% is payable on handover.
Project Completion Status (as per DLD): 41.17% (as of May 10, 2017)
Dubai Land Classification & Escrow Account Details:
Land Number: 3100
Project Number: 1659
Real Estate Developer: Dubai Properties Group
Trust Account Number: 19500000126
Account Trustee Name: Mashreq Bank
RERA Permit No:: 11045
Brokerage Firm: Taktical Realty Group LLC