UAE-based Al Forsan Real Estate has uncovered a new payment concept for its new real estate mixed-use project “Al Forsan Village” during Cityscape Abu Dhabi.
The new concept is a ‘lease-to-own’ system that enables new tiers of customers from owning their house in Al Forsan’s new project.
The project provides different sorts of housing units to fit different lifestyles and requirements from easy-managed apartments to lavish stand-alone villas.
The new ‘lease-to-own’ concept will enable investors to purchase villa for 300,000 dirhams per year.
The official spokesperson of Al Forsan Real Estate ‘Rashed Al Qubaisi’ mentioned that the company has received a tremendous response on its new offer from customers during the first day of the exhibition. He expected the positive response to continue during the remaining days of the show.
Al Forsan Village will include 440 units spreading across 241,985 square meters in addition to a 1.7 km track, three swimming pools, and other amenities.
The project includes also vast landscapes and green areas with playgrounds and water features to keep residents content. Moreover, the community will contain a 15,000 square meter shopping centre and a five-star hotel.