26 June 2016

Dubai, UAE, 26 June 2016: Jumeirah Golf Estates, the leading residential golf community, is pleased to announce that Phase 1 of its Redwood Park development has officially sold out to a mix of local and international buyers.

As Jumeirah Golf Estates continues its ambitious growth plans and international sales drive, it is also pleased to report that buyer confidence in the community of modern townhouses – overlooking the Fire golf course and consisting of two-phases – was boosted by the recent announcement that construction of Phase 1 has reached over 70 percent completion, with the handover on schedule for Q4 this year.

Abdulaziz Bukhatir, Executive Director – Corporate Services, Jumeirah Golf Estates, commented, “Ahead of the on-schedule H2 2016 handover, we have witnessed a surge in interest in Redwood Park among both investors and end-users seeking properties which offer competitive rental yields and capital appreciation, within an award-winning community.”

“We are pushing ahead with our fast-paced development and we are driving strategic sales efforts to leverage global real estate investors’ interest in Dubai. The fact that Phase 1 of Redwood Park has now completely sold out is proof of our appeal for residents and local, as well as international, investors. For example, we are seeing real potential to market Jumeirah Golf Estates to investors in China and India,” concluded Bukhatir.

Overlooking Jumeirah Golf Estates’ championship golf course, Fire, Redwood Park has been one of the development’s top sellers since its launch. Representing Jumeirah Golf Estates’ first shift to embrace townhouse developments, the community was designed to answer a growing number of families and young professionals seeking more affordable property options, with prices starting from AED 2,510,000.

Inspired by the Tuscan countryside, Redwood Park is a unique collection of spacious three- and fourbedroom townhouses, with spectacular fairway views of the Fire Course, beautiful landscaped gardens and located within walking distance of the Jumeirah Golf Estates Clubhouse and its extensive amenities.

Redwood Park offers two distinctive and functional design schemes, providing the perfect canvas for investors to decorate their dream home. The Choi design is elegant and minimalistic with light greyish tones perfectly suited to the 3 bedroom townhouses; whilst the Cabrera design is modern and timeless, with classic details and warm, elegant tones.

Buyers interested in Phase 2 of Redwood Park at Jumeirah Golf Estates can enquire at customercare@jumeirahgolfestates.com / +971 4 818 2000.