- Approximately 1,800 off-plan townhouses in Al Furjan have been sold since 2021
- More than 850 apartments are currently under construction or in the planning phase
- Al Furjan is desirable with two metro stations providing central access to Dubai hotspots
Dubai, UAE – 28 September 2022: Homegrown real estate developer, ZāZEN Properties, has announced its new development in Al Furjan, ‘ZāZEN Gardens’. A show unit and sales center will be at the project site, with off-plan sales scheduled to start in November 2022.
As a first-of-its-kind project, the groundbreaking of the LEED GOLD certified & Wellness integrated development is scheduled to start next month. Consisting of 159 units, apartments will span from 824 Sq Ft to 1,612 Sq Ft and cater to investors and end users alike. Due for handover in April 2024, the project also has two retail outlets on the ground floor that will cater to visitors and residents in the Al Furjan community.
Sustainability and healthy living are at the heart of ZāZEN Gardens. Apart from world-class amenities, the development boasts 35,000 Sq. Ft. of landscaping, multiple recycling stations, EV charging stations, and solar panels on the rooftop which will help reduce common area service charges for owners. Both indoor and outdoor areas will be carefully planned at all stages of development, ensuring that the LEED Gold criteria are met and the project minimizes its carbon footprint while providing the best environment for families to grow.
This progress comes on the heels of ZāZEN Properties completing the handover for its flagship development, ZāZEN ONE, in JVT earlier this year. The project sold out in a matter of months and subsequently won the “Best Sustainable Project of the Year” at the Sustainability Innovation Awards, and the “Best Residential Project of the Year” at the Arabian Property Awards. ZāZEN Properties will now bring the same level of quality, design, and overall experience to Al Furjan.
Off-plan developments have become increasingly popular in the UAE, with nearly 5,200 units, equating to AED 13 billion worth of new inventory in June of 2022 alone[1]. Since 2021, nearly 1,800 townhouses have been sold off-plan in the Al Furjan area and all of these transactions have been launched by the master developer of the area. These units are currently under construction, with handover scheduled for the second half of 2024 and through 2025.
Similarly, over 850 apartments in the area are in the planning phase or have already begun construction with handover scheduled for the same timeframe of mid-2024-2025. Well-known private developers have initiated these launches and a significant 570 units, comprising 66% of the current upcoming supply, is being provided by a single private developer.
About ZāZEN Properties:
Launched in 2018, ZāZEN Properties is building unique sustainable residential developments in established communities of Dubai, catering to the mid-market segment consumer and providing a ‘community within a building.’
ZāZEN Properties’ flagship development, ZāZEN One, located in JVT, was delivered in January 2022; it has been repeatedly nominated for its design and sustainability efforts, receiving the Sustainable Real Estate Project of the Year Award at the 2022 Sustainability Innovation Awards and the Best Residential Development Award at the Arabian Property Awards 2022. As a result, units at ZāZEN One sold out in six months with residents occupying and enjoying its vast number of amenities.
