United Engineering Construction Company [UNEC] has been awarded the main contract along with Arif & Bintoak Consulting Architects and Engineers. The contract award for Phases 1, 2 and 3 of Elan comprises a total of 916 premium three- and four-bedroom townhouses with a total contract value of almost Dhs583 million. The first homes in Elan will be delivered in phases starting December 2022.
Hawazen Esber, Chief Executive Officer of Majid Al Futtaim Communities commented: “Today, we celebrate a pivotal moment for Majid Al Futtaim Communities as one of the most ambitious destinations emerges to create a legacy in Dubai. Elan’s success underlines our market expertise, our responsiveness, and our commitment to delivering the right products at the right time to the highest international and local standards and design.”
Each phase of the project sold out within a week of being launched, with every unit of Phase 3 bought up in just 48 hours. Elan’s appeal is evidenced through its diversity, with over 55 different nationalities represented in the project’s ownership.
Hawazen added: “As a result of the bold steps taken by Dubai’s leadership to further strengthen the emirate’s attractiveness for those looking to live, work and invest in the city over the long term, we have witnessed a steady shift in demand from busy urban centres towards more spacious, family-centric neighborhoods in Dubai’s property market. Single-family homes are seeing steady growth, as investors look to capitalize on current market prices, and families seize the opportunity to lay down roots and invest in their futures.”
Staying true to Majid Al Futtaim’s commitment to sustainable design and living, the community features walkable neighbourhoods connected by a meticulously crafted network of green spaces, pathways, cycling tracks and jogging trails flanked by evergreen Ghaf trees which are indigenous to the UAE and lend the development its name.
The centerpiece of the community is the recreational lagoon, bordered by beaches that accommodate water sports. A signature Majid Al Futtaim retail selection and the Royal Grammar School are located within just a few minutes’ walk from Elan.BACK TO NEWS