Second phase of Villa Lantana sales to start in Dubai – in pictures

The show villas will be open for the first time tomorrow (January 29) at the site located just off Umm Suqeim Road. The project spans 440 homes and villas in the first phase had prices starting at Dh2.375 million. Courtesy Tecom Investments

The villas, set in a landscaped family neighbourhood, are available in 17 different designs, with 11 floor plans and the option of three, four or five bedrooms detached or semi-detached. Courtesy Tecom Investments

“Investors are taking a long term view of the market and recognise the importance of holistic communities," said Badr Al Gargawi, chief executive officer, Development & Planning Division, Tecom Investments. "As Dubai’s pattern of expansive growth continues, families are looking not only for a convenient location but also for a community that serves the whole family’s needs. Villa Lantana incorporates a balanced mix of zones which reduces the time spent commuting and leads to a healthier work-life balance for residents.”

Construction of Villa Lantana was said by Tecom Investments to be on track and the project is due for completion at the end of 2015. Courtesy Tecom Investments

Dubai home prices are predicted to fall on average 10 per cent this year. JLL based its forecast for 2015 on a lack of affordability in the market and the fall in oil prices. Courtesy Tecom Investments

Tecom Investments has announced the second phase of sales for its Villa Lantana scheme located in Al Barsha South after strong interest in the first phase from Emirati buyers.