Dubai Properties has announced it will be launching Phase Two of Villanova, located in Dubailand.
Sources said a subsidiary of Dubai Properties, specialized in real estate development and asset management, had launched the first phase in October last year under the name “Emaratna.”
Following the success of the first phase, the company began to develop plans for phase two. The second phase of Villanova will be named “La Quinta”.
Prices of residential units, which include villas of three, four and five bedrooms, as well as two and three-bedroom apartments, will start from AED 2.25 million.
The payment plan is divided into a 10% down payment followed by payments distributed according to completion percentages. 60% of the unit’s price will have been paid upon receipt.