Tag Archive: victory heights news

Rapid Progress on Construction of Fortuna Village Townhouses

vhWork at Fortuna Village, the latest development of 30 luxury four-bedroom townhouses within the sought-after Victory Heights community at Dubai Sports City, is making rapid progress.

Already, 90 per cent of excavation work has been completed in preparation for above-ground construction to begin.

In addition, 50 per cent of the foundation work has been done as the project moves towards an expected completion date of early 2016.

Each of the townhouses, all of them around 2600 square feet*, are designed to be green-compliant including the use of solar systems for hot water, a feature that will come as standard on all properties in the new community.

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Fortuna Village, Victory Heights Community


Your chance to be a part of the Exclusive Golf Community.


Book now with only 10% down payment and get 4% LAND REGISTRATION ABSOLUTELY FREE*

Exclusive To Dubai Sports City, is Fortuna Village, located within  Victory Heights.With The Els Club and other outstanding sporting facilities at the doorstep, as well as numerous schooling options in the neighbourhood, it is no surprise why more than 5,000 people have made Victory Heights their home in the past few years.

Fortuna Village is the latest addition to this golf course community spread across 25 million square feet of green expanse within Dubai Sports City. The eighth village within the Victory Heights community, Fortuna Village was launched recently.

In celebration of the completion of the three towers in Canal Residence West Phase 1, Dubai Sports City is offering an amazing deal for the remaining townhouses within Fortuna Village.

Prices for the townhouses start from Dh3.1 million, with just 10 per cent to be given as down payment. With home finance options available for the project, buyers can borrow up to 50 per cent of the property value. 50 per cent of the total payment has to be made prior to 70 per cent completion of the property and the remaining 50 per cent by completion of the project.

A major incentive for purchasers is the ongoing promotion as part of which no registration fee is charged to the buyer of the property. The developer will pay the 4 per cent registration fee.

Payment plan:

10% Down

10% upon completion of 25% of the Project

10% upon completion of 40% of the Project

10% upon completion of 60% of the Project

10% upon completion of 70% of the Project

50% on Building completion certificate


  • Developer will pay the 4% registration charges
  • Fully fitted townhouses, with high quality finishes
  • Spanish themed homes
  • White goods included
  • Finance options available

Visit Us: www.victoryheights.fineandcountry.ae

Work in progress on City Centre in Me’aisem

victory-heights mall

MAJID Al Futtaim (MAF) is building the first phase of its new City Centre shopping mall in the Me’aisem area of Dubai at a cost Dh275 million ($74.8 million), said a report.

The City Centre Me’aisem, a community-focused mall, will serve the immediate needs of residents and working professionals, Dimitri Vazelakis, managing director of shopping malls at MAF Properties, was quoted as saying in the Gulf News report.

The mall, which will be set within one million sq.ft area, will be located in the Me’aisem area of the Dubai International Media Production Zone (IMPZ), a 43 million-sq-ft site developed by Tecom Investments, it said.

It will be at the intersection of Al Khail Road and Sheikh Mohammed Bin Zayed Road in IMPZ and will be built by international contractor Brookfield Multiplex.

The Phase Two of the mall will address the expected population growth in the lead up to Expo 2020, as the emerging areas of IMPZ, Victory Heights, Jumeirah Golf Estates, Jumeirah Village Triangle and Jumeirah Village Circle develop further, Vazelakis said.

The construction of the first phase, which started in March, is expected to be completed by the third quarter of next year and will include 60 international outlets, said the report. It will provide popular fashion and lifestyle brands, restaurants, cafés and fast food chains, banking outlets and mobile services.

The development is par t of the company’s Dh3-billion ($816 million) investment to expand its Dubai operations over the next five years, the report added.

Source: golfconstructionworldwide.com

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