Invest Group Overseas’ Meydan City Project Approaches Completion
November 13, 2014
Equestrian-themed project prioritizes landscaping, serenity and relaxation
Invest Group Overseas (IGO), the Dubai-based property developer, MAG Property Development’s sister company and part of the MAG Group of companies, is pleased to announce that both projects in its iconic polo-themed community are in progress and now more than 30% of the Polo Townhouses’ construction is complete. With total sales up to 100% at Polo Townhouses and 80% at Polo residences, the projects will be ready to start handover to customers in early 2016 and early 2017 respectively.
The luxury gated development built in the heart of Meydan City and alongside the world-famous racecourse covers an area of nearly six square kilometers. The project brings together 106 three and four bedroom Polo Townhouses, and 873 units across 29 four-story Polo Residence buildings. Unique to this development and echoing the equestrian roots of the project is the extensive use of landscaping and greenery – with an industry-leading split of 60 per cent landscaping, 40 per cent development.
Complementing the project are a club house with guest parking, sports facilities, along with a gym, spa, kids’ play area and leisure lounge.
“We are extremely proud of the Polo Residences and the Polo Townhouses – both because of the collaboration between leading architects and designers, and the fact that the collaboration has resulted in the development’s extensive landscaping that ensures serenity and peaceful surroundings to its residences.” said Talal Al Gaddah, Sales and Marketing Director, IGO.
He adds, “As the Polo Townhouses nears 30% completion, we are right on schedule to provide investors and residents alike with an innovative residential real estate project that represents a signature addition to our portfolio.”
IGO has also expanded into the U.S. market with the launch of a $US 750 million project, The Gate, in Frisco, Texas. Featuring 17 buildings and seven villas spread across a vast area, the project is suited to the urban living requirements of professionals and young families and is expected to be big drawer for sports fans with the new training grounds of the Dallas Cowboys nearby.