Infracorp has unveiled California Residences, a new AED600 million gated community in Wadi Al Safa, offering villas, townhouses, and apartments starting from AED 1 million, with handover set for Q2 2028.
Key Highlights:
- Project Overview:
- Total investment: AED600 million
- Location: Wadi Al Safa, near Global Village & IMG Worlds of Adventure
- Handover: Q2 2028
- Community: Gated, with landscaped parks, walking trails, central green spaces
- Property Options & Starting Prices:
- 1-bedroom apartments (750 sq. ft.) – from AED 1 million
- 2-bedroom units (1,200 sq. ft.) – from AED 1.6 million
- 3-bedroom homes (1,300–1,800 sq. ft.) – from AED 1.8 million
- Amenities:
- Clubhouse & fitness centre
- Multiple swimming pools
- Social lounges
- Central park & shaded walkways
- Blend of apartment convenience with villa-style openness
- Strategic Vision:
- Focused on sustainability, well-being, and community interaction
- CEO Majed Abdulla Al Khan: “A lifestyle-first development designed for long-term value.”
- CFO Nada Alkoohiji: “Attractive to both end-users and investors looking for ROI in growth zones.”
- Infracorp at a Glance:
- Regional footprint: Over 250 million sq. ft. in the GCC, North Africa & South Asia
- Capital base: $1.2 billion
- Asset portfolio: Nearly $3 billion
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