Dubai’s Nakheel launches Dragon Towers units for sale, priced from Dhs449,000

Dubai developer Nakheel is launching for sale apartments at Dragon Towers – its new, twin tower residential complex at Dubai’s Dragon City – from Sunday, September 30.

Units are prices from Dhs449,000 onwards, a statement said.

The Dhs713m Dragon Towers project includes two 37-storey buildings – each with 571 one- and two-bedroom apartments.

Floor areas range from 624 sq ft to 937 sq ft and the units come with kitchen appliances, fitted wardrobes, parking and on-site security and key card entry system.

There are also two floors of retail space, four parking levels and a six-floor podium level clubhouse with a 25-metre swimming pool, children’s pool, restaurant, gym and tennis court.

Dragon Towers is also linked by a covered bridge to Dragon Mart, which includes 5,000 shops and amenities, including a 12-screen cinema, supermarket and dining outlets.

It is the first residential component of Dragon City and the only high-rise development in the area.

Last week, the developer awarded a construction contract worth Dhs552m contract to UAE-based Ali Mousa & Sons Contracting for the project.

Mobilisation will begin immediately, with anticipated completion in 2021, the developer said.

Dragon Towers is a part of the 11 million sq ft Dragon City project, a mixed-use master development that currently features Dragon Mart mall and Dragon Mart 2 – a Dhs1bn complex which opened in 2015, doubling the size of the original retail hub to more than 3.5 million sq ft.

The third phase of the project – nearing completion – will include a retail showroom with 18 units and a multi-storey car park for 900 vehicles – originally slated to open this year.

Nakheel said in 2016 that all of the 118,000 sq ft of leasing space had been booked.

Dragon City also includes two hotels – a 251-room ibis Styles that opened in February 2016 and a 304-room Premier Inn which will open in 2019.