A record-breaking sale worth AED 61.5 million (USD 16.7 million) has been achieved in the prestigious area of Al Wasl District. Developed by Nordic by fäm Real Estate Development, this sale breaks previous records and highlights the distinctive charm of these "downtown villas," as the CEO of fäm Group, Firas Al Msaddi calls them.
This remarkable community boasts the closest freehold villas to iconic Dubai landmarks like the Burj Khalifa and Dubai Mall. A surprising fact is that over 95% of Dubai's population is unaware that freehold ownership of these centrally located villas is open to all nationalities. Creating a rare and valuable opportunity for discerning investors and homeowners.
More than breaking records, Nordic by fäm just redefined luxury. Their latest offering – a villa priced at AED 76 million – exemplifies their commitment to exceptional design and value. These ultra-luxurious residences feature minimalist Scandinavian-inspired aesthetics, standing out in a market saturated with traditional opulence.
The Al Wasl District offers the best of both worlds: high security with regular patrols and the freedom to customize properties within reasonable guidelines set by the local authority. Unlike gated communities, there are no additional fees or lengthy approvals required by a master developer.
Nordic by fäm identified a gap in the market for minimalist luxury, and their innovative approach is proving successful. The record-breaking sale of their initial villa is a testament to this. They plan to continue this trend with upcoming AED 1 billion projects featuring minimalist architecture, high-quality natural materials, and European touches.
As Dubai's dynamic real estate scene continues to captivate the world, Nordic by fäm stands out as one of the leaders. By redefining luxury living by emphasizing design, transparency, and an unparalleled lifestyle experience in the heart of Dubai.