Nakheel says to start Dragon Towers sales, prices from $122k

Master developer Nakheel has announced will begin selling apartments at Dragon Towers – its new, twin tower residential complex at Dubai’s Dragon City – on Sunday, with prices from AED449,000 ($122,200).

The news comes less than a week after Nakheel awarded the construction contract for the AED713 million project, the first residential component of the rapidly-expanding Dragon City community and the only high-rise development in the area.

Dragon Towers is connected to the world-famous Dragon Mart retail and trading hub. It comprises two 37-storey buildings each with 571 one- and two-bedroom apartments. There are also two floors of retail space, four parking levels and a six-floor podium level clubhouse with a 25-metre swimming pool, children’s pool, restaurant, gym and tennis court.

Due for completion in 2021, Dragon Towers is linked by a covered bridge to Dragon Mart and its 5,000 shops, services and amenities, including a 12-screen cinema, supermarket and numerous dining outlets.

Dragon Towers is a key component of Nakheel’s ongoing retail, hospitality and residential expansion at Dragon City, which currently comprises Dragon Mart 1 and 2 and an ibis Styles hotel.

A new showroom and car park complex and a Premier Inn hotel are in advanced stages of construction, with further expansions in the pipeline.