Live & Buy Houses & Villas in Mudon Dubai

Posted by Nadia Javaid
2
Oct 3, 2015
150 Views

Mudon is a family oriented community offering a tranquil yet active lifestyle 15 minutes away from Downtown Dubai, in a self-contained neighborhood. The launch follows the initial sell-out of the first 398 townhouses in Mudon last year and the launch of over 200 villas in Rahat at Mudon in May,
 which received a strong response from investors, The available average built-up areas range from 3786 sq.ft. to 3808 sq.ft.. Essential infrastructure and road networks at Mudon are near completion, with community facilities including a school and a 64,000 sq.ft. community centre in the pipeline. YOu'll find Mudon is the best place to Buy Dubai Properties or Rent Houses & Villas. These 4 bedroom villas were announced in 2012 and were the first project launched by Nakheel after the 2009 financial crisis. Original prices ranged from AED 2.8 – 3.1 M (AED 780 – 850 per sq. ft.). Mudon villas from Dubai at Group Seven Properties LLC At current prices,Mudon villas from Dubai at Group Seven Properties LLC 
these units are probably the cheapest 4 bedroom independent villas in freehold Dubai.. Initial site visits indicate that the quality is much better than expected. Lookup.ae has posted pictures here.. Buyers looking to purchase in this project are buying on the secondary market, and therefore are paying premiums on the original price.Mudon villas in Dubai are worth the investment Out of the 90 odd villas sold back in 2012, only a handful are available for re-sale at the moment.. 
 When sold in 2012, Nakheel sold the units on two payment plans. Therefore, some units are currently 40% paid, while others are 60% paid. Either way, there is a payment of 205 due on handover and at least one or two payments are to be made by purchasers after completion.. The rental yield on these villas is going to be healthy – expected to be about AED 200,000 per annum at minimum.. 
 Because this is a small project (only 90 villas), take up should be fairly rapid and there is no threat of an over-supply.. The villa market in JVC is limited. The only other villas in this community are the 2 bedroom independent villas (also by Nakheel) in District 16, all of which were delivered in 2013..
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