By Staff www.emirates247.com
Emaar Properties has selected only 70 super rich investors for the first viewing of villas on the new Dubai Hills project, according to a news report.
The investors – chosen from over 10,000 who have applied to buy properties on the luxury project – will be shown detailed plans and pricing structures on December 8, at a secret location in Dubai, Arabian Business said, adding the villas will be priced from Dh30 million upwards.
The project was launched in June as a joint venture between Emaar and Meraas Holding with the companies stating it was an “invitation only” process with applicants asked to fill in a detailed questionnaire, including whether they hold any “executive director” positions, their employment and marital status.
“From these Emaar selected a few thousand initially, and of those, just 70 have been told they will get the first viewing next Sunday,” Arabian Business said.
Only 600 plots are being put up for sale in Dubai Hills, with “small groups” of investors being invited to purchase villas on different dates. More info