|Dubai Silicon Oasis Launches Phase-3 of its Cedre Villas Project|
AED285 Million Project Extension to add 160 Luxury Villas
Dubai-UAE: 19th June, 2013 - Dubai Silicon Oasis Authority (DSOA), the regulatory body of Dubai Silicon Oasis (DSO), the integrated free zone technology park, today announced the launch of phase-3 of its Cedre Villas project. The AED285 million extension to the Cedre Villas will add 160 luxury villas, taking the total count to 1,207. Phase-3 will be delivered in three stages during March, July and September 2014.
Featuring modern architectural designs, each villa in the latest phase of development will offer a total built-up area of 3,800 square feet. The ground level of the villas will include a living room, study, dining room, kitchen, breakfast area, and a maid's room. The upper floor will house three bedrooms in suite and a family room. In addition, every villa will offer three parking spots, as well as expansive front and back yards.
Eng. Muammar Al Katheeri, Executive Vice-President - Engineering Management of the Dubai Silicon Oasis Authority, said: “The roll-out of Cedre Villas' third phase marks yet another significant milestone in our growth journey. The new phase reflects DSO's continued commitment to providing a safe and comfortable living space. It also takes us one step closer towards achieving DSOA's mission of shaping the high-tech park into a fully integrated community that affords a conducive ecosystem to live and work. Promising world-class infrastructure and holistic facilities, the development will offer enhanced villa layout and design, while prioritising the use of premium quality material.”
The new phase will boast two new parks over an area of 31,068 square metres and 30,392 square metres. Serving the entire community in DSO, these parks will feature a children's playground, Park Plaza, jogging/cycling tracks, water pond, security building, swimming pool, utility areas, open air theatre and prayer areas.
Residents in the new phase will also benefit from the existing facilities at the Cedre Villas development such as the community centre hosting an exclusive shopping complex, health and leisure amenities, as well as swimming pools, schools and academies, clinics, and play areas.
Cedre Villas is part of a comprehensive urban community at DSO that combines office towers, research and development (R&D) and industrial zones, educational institutions, luxury apartments, villas, hotels, healthcare facilities and a wide range of lifestyle options to create a dynamic commercial and social environment.
Dubai Silicon Oasis is a wholly-owned entity of the Government of Dubai and operates as a free zone technology park for the semiconductor, microelectronic and other high technology-based companies looking to set up their regional headquarters and R&D facilities in the Middle East and Africa region.
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