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CHI Development

The Spanish-style villas along Lime Tree Valley at Jumeirah Golf Estates will line the fairways of the Greg Norman 'Earth' course, and are being snapped up fast

CHI Development Group is a UAE based company founded by a group of Irish property developers. Considered one of the finest in the region, Emirates Golf has taken a look into CHI’s latest project, Lime Tree Valley at Jumeriah Golf Estates..

Located in the highly anticipated Jumierah Golf Estates, Lime Tree Valley lines the fairways of the newly designed Greg Norman ‘Earth’ course. With the prospect of peaceful surrounds, world class golfing and leisure facilities, discerning home owners are paying attention to the 121 Spanish style villas that are set for completion at the end of 2008

With 8 villa types, each with between 4-6 bedrooms, all en-suite, the superb location and unique design have attracted an inordinate amount of interest. Plot areas range from 7,000 sq ft to 14,200 sq ft with the majority having a direct view of the Earth course’s fairways and greens. 

Lime Tree Valley offers an interesting adage for those looking to invest. Istithmar Leisure, Dubai-based reputed real estate giant, has introduced the use of escrow, or trust accounts. The escrow arrangement holds funds paid by the purchaser in an off-shore HSBC account for the purpose of protecting the buyer.  Those funds are drawn-down by a third party auditor to the contractor when required to pay for the construction of the villa in a series of monthly stages.


On top of this, CHI have engaged Bureau Veritas to act as the QA/QC consultants on the project.  They will review the design and construction to ensure that the project will be built to International standards under ISO90002.

With 75% of the Lime Tree Valley villas having been sold, it is clear that the development and developers are giving home owners exactly the quality and security they are looking for when investing. It is clear that CHI Development is a company that is going places. Bringing international quality assurances, property investors are eagerly awaiting CHI’s next property project.

 


For more information on Lime Tree Valley, or to speak to a sales representative, contact CHI direct on:

T - (00971) 4 340 8914
W - http://www.limetreevalley.ae/

 



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