
DEVELOPERS of Dubai’s Victory Heights are forecasting that all 794 Phase One villas in the luxury residential golfing development will be fully complete and delivered to owners by the end of this year.
In the first six months of the year, the community has reached a number of key milestones, with more than 70 per cent of the sold villas handed over to home owners and many more of the high-end properties completed and awaiting final sign-off for delivery. Three of the seven villages that make up the golfing community have been fully handed over.
“Construction and delivery of Victory Heights’ luxury villas has moved apace during the first half of the year, despite the downturn in Dubai’s real estate industry experienced last year. We have been able to meet some important milestones,” said Yasser Abulrahman Al Raee, general manager, Victory Heights, which is a Dh2.5-billion ($681-million) joint venture between the Bahrain investment bank Arcapita and Dubai Sports City.
More than 400 families have already moved into homes giving a community feel to the development, which surrounds the greens and lakes of the award-winning The Els Club golf course.
Building work has also recently commenced on the project’s first community centre, which will offer residents recreational facilities, including swimming pools, children’s play areas, basketball courts and barbecue areas.
Villas in Victory Heights are built in three different styles – classic European, Mediterranean Spanish Andalusian – and surround the greens of The Els Club golf course.
Victory Heights lies in the heart of Dubai Sports City, which later this year will be home to five sporting academies offering world-class coaching to children of all ages in football, hockey, rugby, swimming and cricket. The city also hosts the International Cricket Stadium, The Els Club and The Butch Harmon School of Golf.