Victory Heights Dubai

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Victory Heights Dubai

Postby shawarma » 07 Oct 2008, 13:56

  • Property name: Victory Heights Dubai, a community of villas and townhouses in Spanish Andalusian, Mediterranean, and European styles, built amongst a golf course, "The Dunes", designed by Ernie Els, length 7,452 yards, par 72.
  • Development: Dubai Sports City
  • Location: Dubai Sports City
  • Emirate: Dubai
  • Completion date of construction (expected or actual):
  • Completion date of construction (scheduled): First villas to be delivered in April 2008 ... nope, try November 2008
  • Start date of construction:
  • Project value:
  • Area (size): 25 million sq ft
  • Number of units: 935 villas (or 964 villas seen in another report)
  • Developer: Victory Heights Golf Residential and Development LLC - a joint venture between Dubai Sports City and Arcapita Bank (Bahrain)
  • Consultants:
  • Architect / Designer: Diar Consult (UAE)
  • Project manager:
  • Construction firm: Wade Adams Contracting LLC for infrastructure (of Dubai Sports City including Victory Heights)
    Al Jaber Group (UAE): phase I, 579 villas, completion of first villas scheduled for April 2008, contract value AED 977 million, July 2007 information
    Frayland LLC (UAE): 57 villas, March 2007 information
    Larsen & Toubro Limited (India) and Eastern Contracting LLC (UAE - part of Bukhatir Group) joint venture: 295 villas, final phase, July 2007 information
    Golf Course construction: Septech (UAE) / Septech Emirates LLC and Turnpoint (Australia), started Feb 2005, completion scheduled for May 2007. Handed over September 2007, official opening end 2007. Area 86 hectares. Consultants and management - Troon Golf.
  • Escrow account details:
  • Main/exclusive sales agent:
  • Villa types:
    Type A: 6,646 sq ft, plot area 13,000 – 17,500 sq ft
    Type B: 5,160 sq ft, 8,300 – 10,000 sq ft
    Type C1: 4,280 sq ft, 6,500 – 8,000 sq ft
    Type C2: 3,433 sq ft, 6,500 – 7,500 sq ft
    Type C3: 3,194 sq ft, 6,500 – 7,000 sq ft
    Townhouse 2: 2,521 sq ft, 2,600 – 2,700 sq ft
  • Foreign / Expat Ownership: freehold leasehold
  • Residence visa included for expats:
  • Payment Plan:
  • Mortgage finance from: Dubai Bank, HBSC, Tamweel
  • Unit sizes (excluding/including balcony):
  • Unit prices (Original Price / OP & date): from AED 2.87 million?
  • October 2008 prices:
  • OP per square foot / date:
  • October 2008 price per square foot:
  • Transfer charges on resale:
  • Telephone: +971-4-4203553 (DSC?), +971-4-3292121 (old tel?)
  • Website: www.vh.ae
Other facilities and information

  • Cityscape Dubai 2008 is offering the last 150 Victory Heights villas for 5% down (development is reportedly 85% sold out)
  • Victory Heights showhome and onsite sales office opened January 2008
  • Victory Heights sales office on the first floor of the Convention Tower, Dubai (Dubai International Exhibition Center) - no longer since onsite sales office established?
  • Victory Heights project director is Robert Davies (Feb 2005 information)
  • Victory Heights general manager is Yasser Abdalla (Jul 2007 information)
  • The villa community has 4 elements - Active, Calm, Wellness, Memories
  • Community is split up into 7 villages - Calida, Carmen, Esmeralda, Estella, Morella, Novelia, Oliva
  • Accreditation and monitoring of the development by Bureau Veritas

DubaiFAQs pages with related information


Please reply with any further information and first post will be updated. Thanks :)

In general, for all UAE property developments, information is usually based on press releases, media reports, company marketing, and may not be independently confirmed. Unit sizes are unlikely to be vastly different but layout and design could change. Actual completion date could be months or even years later than promised delivery dates.
Please use the forum for questions, not the PM system.
shawarma
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