Developed by GFH, a leading and dynamic financial group in the GCC region, California Village is a high-end, $187 million, 112,127 sqm mixed-use development based in Dubailand. Strategically located close to Sheikh Mohammed bin Zayed Road and IMG Park, and within walking distance to one of the best schools in Dubai, GEMS Winchester School.
California Village consists of two phases. Phase 1 is the finished project with four bedroom townhouses and five-bedroom semi-detached villas that can easily be converted into six bedrooms. Phase 2 is the off-plan project consisting of three to four-bedroom townhouses. Both project options have one of the best payment plans available on the current market, allowing for 70% of payment item handover over a five-year period.
Wassim Abdallah, Head of Off-Plan and Investments at Betterhomes, explains: “GFH has successfully launched numerous real estate projects worldwide. Harbor Heights is one of their flagship projects that has shaped the Bahrain skyline. Now they have entered the Dubai market in an incredible way with California Village. Dubai offers an 8-year off-plan payment structure that Dubai has never seen before and is unlikely to see again.” As mortgage rates rise, this payment plan will benefit end-users by reducing borrowing from banks. Additionally, it allows investors to get a return on their investment after an initial down payment of just 30%.
The model villa can be visited and shows the quality and elegance of the project, where customers can experience a vibrant, healthy, and attractive lifestyle. Each house has a modern, contemporary and timeless design with horizontal lines, wooden finishes, and bright white colors. The spacious living, dining and courtyard areas are perfect for gatherings and BBQs while providing additional space for children to play. The community offers the best amenities with swimming pools, a fully equipped gym, clubhouse and mosque. It is a place for all nature lovers with several parks, green avenues and paths.
Mr. Abdallah adds: “In analyzing this project from a customer’s point of view. For a brand new villa with such a high-quality finish and excellent lot sizes this is the most affordable you will find. Let’s also not forget about the unbeatable payment plan.”