‘Lease-to-own’ concept to be released during Cityscape Abu Dhabi 2016

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Investors would be able to make a purchase and own the villa for AED 300,000

Al Forsan Real Estate; the property arm of Al Forsan Holding, stated that Al Forsan Village will launch the ‘Lease to own’ concept during Cityscape Abu Dhabi 2016. The group will be unveiling a portfolio of health focused luxury mixed-use developments at the Cityscape exhibition at Abu Dhabi National Exhibition Centre at stand ‘AA10’ from 12th – 14th April 2016 to address the needs of potential stakeholders. Investors would be able to make a purchase and own the villa for as low as AED300,000 per annum.

Al Forsan Real Estate welcomed its first group of tenants in ‘Al Forsan Village’ in January earlier this year. Located in the heart of Khalifa City, the project has 385 villas that are for lease as well as sale. Rent in these villas start from AED210000. The sale price of a four bedroom villa at Al Forsan Village starts from AED4 million, whereas a six bedroom villa is priced at AED12 million. This project is Abu Dhabi’s first active and health focused mixed-use development.

“Offering investors with an opportunity to preview and acquire some of the finest developments, Al Forsan will present a selection of prime residential villas at its stand at Cityscape. Al Forsan Village provides a broad mix of accommodation types to suit different lifestyles and family requirements, from comfortable and easily managed apartments to truly substantial and luxurious detached villas for extended family living,” said Rashed Al Qubaisi, General Manager of Al Forsan International Sports Resort and Spokesperson for Al Forsan Real Estate Management.

The community will also benefit from a range of traditional and modern sports which are offered at Al Forsan International Sports Resort, located a few minutes away from this project. The community’s distinctive lifestyle will be complemented by 15,000m2 of retail space, known as ‘The Town Square’ and will also be home to a state-of-the-art 5-star hotel. The Al Forsan Village project also encompasses 440 units of one to four bedroom apartments spread across 241,985m2.

The project encompasses a 1.7km jogging track, 3 adult swimming pools and an additional 3 swimming pools for children, among several other amenities. The area has landscaped green spaces with playgrounds and water features, apart from access to ‘Al Forsan Town Square’ at Al Forsan Village.

“The Al Forsan Village community offers a range of townhouses, semi-detached and stand-alone villas as the architecture, inspired by Petra, infuses strong design features with homely soothing colours to interest prospective buyers and tenants. The ultimate in contemporary living for only discerning investors, each of the villas embodies the exclusive lifestyle of Al Forsan Village and we are proud to showcase them at Cityscape Abu Dhabi next month,” said Al Qubaisi.

Al Forsan Village is connected to the major highways connecting the emirate to other cities in the UAE. The Abu Dhabi International Airport is just a 10 minute drive from the community. Abu Dhabi’s premium educational establishments are located in close proximity, apart from the Olympic standard sports facilities which is just 5 minute walk from the villas at Al Forsan Village. The highly sought after location makes Al Forsan Village one of the most desirable signature residential addresses in the emirate.

The planning of the community is developed on a series of concentric semi-circle housing arrangement, providing easy access to ‘The Town Square’ and all its facilities eliminating the traffic equation.

“Creating a real sense of community, the vision behind Al Forsan Village is to foster a true sense of community within an elite residential enclave. An expert team of internationally-acclaimed architects and designers have carefully planned minute details of the development, from the central hub with its concentration of upscale retail and commercial offerings, and low-rise apartment blocks, to the discreet avenues of luxury villas radiating out in landscaped semi-circles,” concluded Al Qubaisi.

Al Forsan Village is home to several nationalities and has seen growing interest from various local and international investors from across the globe.

Top aerial view of the Al Forsan project

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