Downtown Dubai's Luxury Villas Attract Record-Breaking Investments

Freehold Villas and Mansions Near Downtown Dubai’s Business District

The new community near Downtown Dubai offers freehold Property in the heart of Dubai. Its centerpiece is the $272 million ‘Nordic by fäm’ development. This features 17 sumptuous villas and mansions close to Dubai’s Central Business District and top lifestyle destinations.

“Freehold villas in central areas like this are essentially exclusive to Al Wasl District,” said Firas Al Msaddi, CEO of fäm Properties. “There are only 140 new luxury villas available in Al Wasl, offering unmatched accessibility to the city center within minutes.”

The new properties highlight modern designs emphasizing elegance and simplicity. Prices range from $10.9 million to $40.8 million based on plot size, built-up area, design and finishes. ‘Nordic by fäm’ exemplifies minimalist Scandinavian design with fully-furnished villas averaging $20.7 million.

“”Villas provide exceptional value with around 20,000 sq ft of built-up area - double the latest City Walk penthouses that sold for $9.5 million,” Al Msaddi noted. “Villa owners also gain land ownership unlike penthouse buyers.”

Villas boast private cinemas, spas, gyms and indoor/outdoor gardens. High-end finishes include motorized sliding doors, expansive glass panels and soaring ceilings. Bespoke design options are available with move-in ready or under-construction choices.

The $1.9 billion project in Downtown Dubai has already attracted significant investment interest. Wealthy Dubai expatriates see the value in owning land and villas in one of the city’s premier locations.