Posted by Neil King
Dubai Silicon Oasis (DSO), a government-owned, integrated free zone technology park, has announced the completion of its 1,047 Cedre Villas project, which comprises a variety of exclusive and spacious villas.
The company confirmed that 647 units have now been completed and are ready to move into with water and electricity connected. This follows the successful handover of phase-1 of the development which saw 400 villas launched in October 2009, all of which have now been sold.
Located within the 7.2 sq km state-of-the-art DSO free zone, the Cedre Villas development includes luxury town houses and twin villas ranging between three to five bedrooms. The villas are available in three architectural models - modern, traditional, and Islamic.
Muammar Al Katheeri, vice-president of engineering management at DSO Authority, said: "We have succeeded to sell and lease phase-1 of the development and today we add another remarkable milestone by releasing additional units into the market … the demand has been quite remarkable for phase-1."
The news comes after Dubai was last week found to have outperformed all other cities in the Gulf Cooperation Council in Mercer's latest global quality of living survey.