Phase one of the Mirdif Hills project is ready for handover; other development clusters close
Construction work on the freehold Mirdif Hills project is progressing at pace and is on track for handover in July, according to Dubai Investments Real Estate Company (DIRC). The $816 million mixed-use project features 1,500 apartments, a 230-bed hospital, retail units and a four-star hotel offering 116 rooms and 134 serviced apartments.
As per a statement by DIRC, phase one of the Mirdif Hills project is now ready for handover, with work on the Janayen cluster standing at 98% complete. The Multaqa and Nasayem clusters are said to be 55% and 96% complete respectively.
“It is gratifying to see the efforts finally ready to yield results. As per the recent updates by Dubai Land Department (DLD), there is a healthy demand from buyers and investors who are benefitting from legislation and investment incentives recently announced by the Dubai government to make the emirate a preferred investment destination,” said Obaid Mohammed Al Salami, general manager at DIRC.
The mixed-use development has been designed so residents can enjoy a vibrant social community with gardens, promenades, walkways and raised landscapes, including several leisure and entertainment facilities, DIRC said.
The project is said to have been inspired by French architect ‘Le Corbusier’ and is based on his ‘Immeuble Villa’ vision, which stacks several villas in a single vertical building. DIRC says that the project’s location and connectivity to business districts and leisure attractions has seen the development witness a positive response from investors.
“In line with this growing demand, the Mirdif Hills project is designed to offer investors an ideal investment option and has led to the development of projects targeted at expatriate investors and end users,” Al Salami added.