Business & Money | Wednesday 10 May, 2017 1:19 pm |

Following the successful launch of Hajar Villas Phase 1 in March, DAMAC Properties, a leading luxury real estate developer in the region, today released Hajar 2, a further collection of premium, contemporary stone villas representing a rock-solid investment.

 

Hajar Villas will go on sale in Dubai on Saturday, May 13 at Roda Al Murooj Rotana Hotel, Downtown Dubai from 2pm to 10pm. Priced at AED 1.1 million with a payment plan spanning five years, investors will have the opportunity to own a three-bedroom villa that features the unique and charming exterior characteristic of homes in the Levant, Egypt and India.  

 

Niall McLoughlin, Senior Vice President, DAMAC Properties said: “The response we received from customers in phase 1 of Hajar is testament to the desirability of this type of property, for both investors and end-users. Investors find the unique aesthetic appeal, durability and ability to be warmer in winter and cooler in summer are attractive propositions that stand out from other properties on the market.”

 

“For end-users, the distinctive stone exterior is reminiscent of the homes that they grew up in and this is why we saw a number of investors from the Levant and Egypt who never expected this type of product to be found within a freehold community setting. These same investors appreciate the beauty of such homes, but never before was it attainable in Dubai, due to the fact that one would have to build a bespoke villa to customise this type of exterior. This is just one example of understanding what the market needs and what customers are looking for and responding to that.”

 

Stone homes have been around for centuries and are known for withstanding the test of time. This charming architectural style is seen around the world, from Lebanon to India, the United Kingdom, Egypt and beyond. Marked by their artful masonry, heritage and warmth, each home inspires a sense of nostalgia, a wistful nod to the past when homes were created with love and careful attention paid to every detail.