Al-Futtaim Group Real Estate unveils Al Badia Terraces, a new residential project in Dubai Festival City
- Contemporary residential living in the heart of Dubai Festival City, a community closer to nature, closer to schools and closer to leisure and entertainment
Dubai, United Arab Emirates: Al-Futtaim Group Real Estate, the real estate development and operation arm of Al-Futtaim Group, has announced the launch of Al Badia Terraces, a new residential development in the heart of Dubai Festival’s Al Badia district City.
Al Badia Terraces comprises a complex of mid-rise residential towers, with extensive interior amenities. It also has a huge public area with a multipurpose room for comfort, entertainment and relaxation. An indoor children’s play area is conveniently located in the middle of the building, a swimming pool and an expansive fitness center with a locker room making the residence the ideal community for young families.
Inspired by the stunning green landscapes of the surrounding neighborhood, Al Badia Terraces is aptly named for bringing its residents closer to nature, with four public rooftop gardens and four lush public lounges located on the catwalks. Residents can also enjoy stunning views of the Dubai skyline from the new offering.
The project is expected to be completed within 24 months and aims to develop the established residential community of Dubai Festival City and Al Badia by offering carefully designed homes to meet the emerging demand of young families.
Designed to bring the community together through seamless experiences, the project is close to Deira International School, Universal American School, Dubai Festival City Mall, Intercontinental DFC, Crowne Plaza, Holiday Inn and Festival Tower who reside in the destination.
The Al Badia terraces will include 132 one-bedroom units, 193 two-bedroom units and 26 three-bedroom units. Rooms are sized starting at 749 square feet for one bedroom, 1,183 square feet for two bedrooms, and 1,942 square feet for three bedrooms.
Abdallah Hageali, Group Director – Mixed Use at Al-Futtaim Group Real Estate said:
”Al Badia Terraces is carefully designed to meet Dubai’s growing demand for high quality real estate, in dynamic destinations, in the heart of the city, and at great prices. The development is in line with Al-Futtaim Group Real Estate’s goal to develop projects that support the growing real estate market while meeting the diverse and fluctuating needs of residents and tenants.”
Al Badia Terraces nurtures a local community spirit by bringing its residents closer to all that Dubai Festival City has to offer. From safe walking to multiple destination facilities, such as Dubai Festival City Mall, Festival Arena (a mega event hub) and multiple hotel experiences, easy connectivity to major road networks and sustainable solutions across development, Al Badia Terraces is the ideal development in the heart of the city.
“With the increasing influx of expatriates, Dubai’s growing population and the overall recovery of the economy from the post-pandemic recovery has led to an increase in interest in rental accommodation. The project is perfect for young families, senior executives, business owners looking to stay closer to work, kids’ school, international airports, sports and wellness activities such as gyms, playgrounds and their favorite outlets,” Abdallah added.
With over 40 years of experience, Al-Futtaim Group Real Estate is a master global developer unlocking the potential for real estate development in the region. The group is committed to ongoing dialogue with its customers and to establishing positive relationships with its investors and partners. Underscoring this commitment, over the years Dubai Festival City has provided its residents, tenants and visitors with seamless experiences and convenient lifestyle amenities.
About Al-Futtaim Group Real Estate
The real estate development and operations arm of Al-Futtaim, Al-Futtaim Group Real Estate is responsible for the overall planning of all portfolio projects, design, development, procurement, project management , infrastructure management, contracts and MEP, operations, marketing, sales and asset management, construction of mega projects and leasing and operation of these projects after their completion.
Al-Futtaim Group Real Estate develops and operates an extensive multi-billion dollar portfolio of individual corporate real estate and under-asset investment properties in the Middle East and North Africa region. It also manages Al-Futtaim Contracting Group, a fully integrated end-to-end engineering and construction specialist with a strong track record of delivering megaprojects in key Middle Eastern markets.
Al-Futtaim Real Estate is the rental portfolio of Al-Futtaim Group Real Estate which owns residential and commercial buildings outside of Dubai Festival City. Some of the projects that fall under the portfolio are Al Futtaim Tower, Al Garhood Villas, Burj Al Nahar and Safa Village among others.
Al-Futtaim Engineering & Technologies is a division of Al-Futtaim Contracting Group which provides its customers with comprehensive engineering and systems integration solutions. The engineering branch operates in the United Arab Emirates, Saudi Arabia and Egypt and provides a wide variety of products and services ranging from air conditioning, scaffolding and access solutions, elevators and escalators, control and life safety, facilities management, construction products, MEP, technology infrastructure and digital. Transformation.
The current flagship mixed-use urban communities under the Festival City brand are Dubai Festival City, Cairo Festival City and Doha Festival City.
Dubai Festival City and Cairo Festival City are fully integrated communities that have been carefully planned to provide a superior lifestyle destination with exceptional facilities, including residential and commercial accommodation, educational institutions and five-star hotels to complement fully retail, leisure and entertainment proposition.
About Al-Futtaim Group
Founded in the 1930s as a trading company, Al-Futtaim is today one of the most diverse and progressive private regional companies, headquartered in Dubai, United Arab Emirates.
Structured into five operational divisions; automotive, financial services, real estate, retail and healthcare; Employing over 35,000 people in over 20 countries in the Middle East, Asia and Africa, we partner with over 200 of the world’s most admired and innovative brands.
Al-Futtaim’s entrepreneurial spirit and unwavering customer focus allows the organization to continue to grow and develop; meet the changing needs of our customers within the societies in which we operate.
By defending our values of respect, excellence, collaboration, integrity; Al-Futtaim continues to enrich the lives and aspirations of our customers every day. For more information visit: www.alfuttaim.com
For more information please contact:
Shifa Al Usman, Senior Account Manager, Impact Porter Novelli