H.H. Sheikh Mansoor; H.H. Sheikh Rashid among high-profile visitors to FCW stand. Developer signs strategic agreement with Oakwood Worldwide to operate SAM Vega & SAM Polaris. Opening of nursery, hypermarket & hospital at FCW announced during the event
His Highness Sheikh Mansoor bin Mohammed al Maktoum and His Highness Sheikh Rashid Bin Humaid Al Nuaimi, Chairman of Ajman Municipality, visited the stand of Falconcity of Wonders LLC (FCW), the developer of the ongoing Falconcity of Wonders multipurpose mega project in Dubai, during the last day of its participation at Cityscape Global 2018 exhibition, running from October 2 to 4, at the Dubai World Trade Centre. His Highness Sheikh Mansoor commended FCW’s commitment to raising the profile of Dubai’s real estate landscape before global investors through its unique ‘World in a City’ project. Their Highnesses were briefed on latest updates, including Eastern Residences villa project, the cooperation with Oakwood Worldwide, and the opening of the nursery, hospital and the hypermarket within the Falconcity of Wonders mega development, during the visit.
The FCW Eastern Residences project, a meticulously-planned gated community that houses contemporary, elegant, 5 and 6 master-bedroom villas with exquisite high-end finishing that are ideal for families of any size, was under the spotlight during the developer’s participation at this year’s edition of Cityscape Global. Visitors to the FCW stand were seen taking advantage of the special offers, which include 0 DLD fees, 0 services charges for 5 years and a 4-year flexible payment plan. Scheduled for delivery in September 2021, the villas come with a guarantee of AED 150,000 that will be paid to buyers annually in case of delay (terms & conditions apply). The overwhelming response garnered by Eastern Residences project at the exhibition is indicative of its success.
Another major highlight of the developer’s participation at the 17th edition of Cityscape Global was the signing of an agreement between Falconcity Hotels and Resorts - the hospitality arm of Falconcity of Wonders LLC - and the leading global accommodation solutions provider Oakwood Worldwide, to operate the hotel and serviced apartments in the SAM Polaris and SAM Vega Pyramids. The project is Oakwood Worldwide’s first undertaking in the UAE, which reflects FCW’s potential to attract leading players in the global hospitality industry to the UAE.
Furthermore, the opening dates of the built hypermarket which plans to provide facilities for a market area of more than 2,330 sqm, a nursery that meets global standards and a hospital that aims to provide world-class treatments for the public by bringing the best medical services to the neighborhood, were announced by the developer on the sidelines of the exhibition, with opening set for November 2018, June 2019 and October 2019 respectively.
H.E. Salem Almoosa, Chairman and General Manager, Falconcity of Wonders LLC, said: “Our participation at this year’s Cityscape Global turned out to be an extremely fruitful and rewarding one. We received an overwhelming number of visitors, most of whom were investors who expressed a high level of interest in the Eastern Residences project. We also announced some major milestones on the sidelines of the event. The overwhelming response witnessed during the exhibition will motivate us to do even better, in terms of the design and planning of future projects we undertake, to further enhance Dubai’s reputation in the eyes of global investors as a thriving real estate hub.”
The ambitious Falconcity of Wonders, poised to become a major landmark in Dubai and the region as a whole, with its Western Residences project currently home to over 590 families from 48 nationalities, and represents an extraordinary investment opportunity for investors and buyers looking to own remarkable properties in one of the world’s most sought-after real estate destinations.
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