Chapal Flora villa sales hit Dh400m at launch

Chapal Flora Residences. a cluster of villas being built in Ajman, has fetched Dh400 million in revenue as soon as sales were launched, a top official at Chapal Real Estate said.

Spread across four million square feet, Chapal Flora Residences comprises 1,762 villas with easy access to three international airports and is close to Dubai, Sharjah and Ras Al Khaimah.

The project was designed by Adnan Saffarini Architects, one of the most established and acclaimed architectural companies in the northern emirates.

Located on Emirates Road, the project offers two-. three-, four- and five-bedroom duplex villas and town houses.

Each villa is themed on a particular flower and has a unique floor plan that features a living and dining area on the ground floor with two floor levels.

Each villa will offer soft colour schemes, trendy sitting areas, wireless internet access, large open rooms for kitchen, living and dining areas with well-planned flooring and high finishes serving everyday needs to its residents.

The cluster will also feature a shopping arcade, family entertainment, health and leisure facilities, mosques and a school.

Ahmad Chapal, executive director of Chapal Real Estate, said: “The attraction to town planning specified for Chapal Flora Residences, which is 45 per cent open planned, comes from over 40 years of experience in developing residential communities for up market clientele.

Planning

“Community and infrastructure planning are the main key for demand of investment. The response to our offer although was tremendous and overwhelming. We are very pleased that the investors and home buyers have extended their trust on quality of the residential home.”

Owned by Mohammad Ameen Chapal, the company has more than 40 years of real estate development heritage to its credit.

The company entered the UAE market two years ago to tap the vast opportunities in the lreal estate market. It is developing towers in Dubai and Ajman, with portfolio valued at more than Dh20 billion.

Gulfnews

Chapal World launches Chapal Flora Residences in Ajman

Chapal World is set to launch its latest project in Ajman, the Chapal Flora Residences, giving homeowners a rare opportunity to enjoy a luxurious villa lifestyle surrounded by cool ambience and verdant greenery, at an affordable price.

This community development will have about 1,500 villas spread out over a vast built up area of 4.2 million sq. ft. of land and involves a massive investment of about Dhs4bn. Chapal will be displaying its commitment to the environment in this project by adhering to green codes using environmental friendly construction techniques and material.

The project is ideally located just off Emirates Road and behind Emirates Lake Towers, the Dhs10bn master development by Chapal on Emirates Road. This gives the residents in Chapal Flora Residences the priceless advantage of easy access to the three key international airports, the free zones, and the emirates’ chief cities of Dubai, Ajman, Sharjah and Ras Al Khaimah. What makes it even better is that they can close to the heart of the cities without the disadvantage of staying in the crowded environments of the inner cities with its pollution and gridlocked traffic.

Jawad Chapal, Executive Director for Chapal revealed the thinking behind this new development by explaining, ‘We created Chapal Flora Residences to bring back the warm spirit of belonging to a community that has all but vanished in the fast paced modern world with its anonymous, high rise lifestyles.’ This philosophy is clearly evident in the development which will have almost half its space reserved for community areas including scenic public park, mosque, gardens, play areas, tennis courts, swimming pools, health clubs, shopping centres, and other facilities that cater to the residents’ needs. This community environment will result in an enhanced quality of family and social life, and make Chapal Flora Residences one of the most desirable residential locations in the country.

Chapal as usual has spared no effort in maintaining the world class standards of its projects. The development has been designed by internationally renowned architect, Adnan Saffarini. Their reputation for elegant elevations and meticulous attention to detail will ensure these modern style villas are perfect in every way. The villas have been designed to create a feeling of spaciousness inside to complement the wide open spaces outside, with particular attention being given to good finishing and high standards of quality in workmanship as well as the fittings used.

The current booming market scenarios have been entirely created and constantly nurtured by the visionary policies of the UAE governments. Their strong support and encouragement has given an established master developer like Chapal World the confidence to unleash their vision and present projects of magnitude previously unseen, including one that will be the largest development in Ajman. Chapal has also put into motion detailed plans for its portfolio expansion in Dubai, as well as globally in North Africa and Pakistan.

Other projects in the pipeline include two freehold Residential Towers - Chapal Tropicals and Chapal Marines. Modeled on the popular Emirates Lake Towers communities in Ajman, Chapal Tropicals will offer an extended lifestyle to residents seeking an affordable housing solution in the vicinity of booming Dubai. The complex will have over 800 residential apartments in a mix of Studio, 1, 2 and 3 bedroom units within its 50 storeys. On the other hand, Chapal Marines is modeled on the water based theme of Chapal Corals and is a rare opportunity for investors seeking early and high capital gains. This 30 storey tower will offer a lakeside lifestyle with breathtaking views and a refreshing environment. Residents will also enjoy the privileged access to the extended Chapal Club House facilities which is restricted to tenants of Chapal projects located in Emirates Lake Towers.

Chapal chose to locate Flora Residences in Ajman for many reasons. The relatively low prices as compared to the other emirates allow Chapal to implement its philosophy of proving luxury living at affordable prices. Ajman was among the first emirates to allow 100% freeholding, including resident visa status for owners and their families. The emirate has now followed up with an ambitious program to woo investors that is proving to be very successful. The resulting inflow of funds has led to a real estate boom in Ajman which is rivaling that of Dubai. This makes Chapal Flora Residences a good buy even when looked at purely as an investment.

One of the chief driving forces behind the success of Chapal is its enviable reputation for delivering on their promises. Investors and homeowners have been pleasantly surprised to find work going on at full swing in all the Chapal projects they have invested in. This in turn has heightened interest in Chapal Flora Residences, and the project looks all set to be a runaway success.

AME Info/Press release