• Phase three of Elan neighbourhood saw 322 new properties launch at Tilal Al Ghaf community
• Latest release sold out within 48 hours, after each of phase one and two closed in just 7 days
Dubai, UAE, 06 September 2020: Sales of the third phase of the Elan neighbourhood at Majid Al Futtaim’s flagship Dubai community, Tilal Al Ghaf, have successfully closed following unprecedented demand for the premium residential destination. The latest release of 322 homes were snapped up by buyers within just 48 hours, building on the emphatic success of the first and second phases that sold out within seven days.
With infrastructure work underway and handover expected as early as December 2022, the community is fast becoming one of Dubai’s most sought-after destinations with more than 900 units now sold. The volume of interest and pace of investment are testament to Majid Al Futtaim’s strategy of listening and responding to modern buyers’ and investors’ needs to deliver highly sought-after destinations and unique environments.
Tilal Al Ghaf’s Elan comprises three- and four-bedroom homes nestled around a recreational lagoon and white sandy beaches. The community features a selection of signature Majid Al Futtaim retail options and a world-renowned school — perfectly situated within open green spaces, walkable neighbourhoods lined with Ghaf tree trails, 18km of cycling and jogging trails, and nature-inspired outdoor amenities.
Hawazen Esber, Chief Executive Officer, Majid Al Futtaim Communities, said, “Tilal Al Ghaf’s bold vision and ambitious promise towards the Dubai and GCC market have been rewarded by an enthusiastic response to Elan, which reiterates the purpose of the entire community - a healthy, socially fulfilling lifestyle that gives people a sense of belonging — and a place where a generation of families can create great memories for a lifetime.”
He continued: “Our focus is firmly placed on offering quality destinations that respond and specifically cater to the needs of modern communities and residents. Our philosophy of placemaking is built on our deep understanding of what homeowners and tenants want. We are attentive to changing behaviours and habits, marrying customer’s preferences with our insights to create emotionally resonant destinations. We recognize that, more so than ever, it is important for us to maintain this commitment to truly unique and exceptional community building. We are determined to keep our buyers and residents top of mind, acting responsibly as developers to prioritise their needs, and dreams of a happy home, above all else. Tilal Al Ghaf is a testament to this commitment.”
Tilal Al Ghaf highlights Majid Al Futtaim’s core belief of human-centric destinations — destinations brought to life through communities that are designed and built with the customer and end-user in mind. Situated in highly sought-after locations, these exceptional and sustainable properties — nestled within holistic environments that offer a full ecosystem of amenities and facilities for people to unwind and socialise.
The success of the phase three launch underlines buyers’ confidence in Dubai’s real estate market and the sustainability of the wider economy. It also demonstrates trust in Majid Al Futtaim’s track record as a lifestyle and leisure conglomerate in the region.