Condor Developers Completes 85-Unit Dubailand Project

Dubai-based Condor Developers has completed construction of Condor Fortuna, an 85-apartment residential project in Majan, within the Dubailand district.

The AED 120 million development marks the company’s sixth residential project in Dubai and takes the value of its completed projects over the past two years to AED 750 million.

85 Apartments Across Five Residential Floors

Condor Fortuna has a gross floor area of 89,404.45 square feet and comprises a basement, ground floor, podium, five residential floors and a rooftop level. The development offers a mix of studio, one-bedroom and two-bedroom apartments.

Each residential floor accommodates 17 units, comprising one studio apartment, 15 one-bedroom apartments and one two-bedroom apartment.

The project is located in Majan, a mixed-use community spanning more than 1.5 million square metres, with residential apartments, commercial spaces, retail outlets and parks.

Developer’s Completed Portfolio Reaches AED 750 Million

The completion of Condor Fortuna brings Condor Developers’ cumulative completed project portfolio over the last two years to AED 750 million, equivalent to about $204 million.

The developer said it has released close to 500 premium apartments to Dubai’s residential stock across three projects during this period.

Vidhyadharan Sivaprasad, Chairman and CEO of Condor Developers, said the company had handed over 95% of its units in its two earlier completed projects to investors ahead of their committed timelines.

The earlier projects include Condor Concept 7 in Jumeirah Village Circle, valued at AED 230 million and comprising 141 residential units, and Golf Links 18 in Dubai Sports City, valued at AED 300 million and offering 256 apartments.

Also Read: Mered Launches 404-Unit Riviera Residences Phase 2

Connectivity to Dubai Landmarks

Condor Fortuna has access to four key arterial roads connecting major Dubai landmarks within a 10-to-30-minute drive.

The project is connected to Sheikh Mohammed Bin Zayed Road (E311), Al Ain Road (E66) and Al Khail Road (E44).

According to the developer, Global Village and IMG World are approximately seven minutes away, while Downtown Dubai, Dubai Mall and Dubai International Airport are within a 15-to-20-minute drive.

The project is situated near Al Barari, Living Legends and The Villa.

Condor Developers said the development reflects its focus on community-oriented residential projects and completing construction within committed timelines.

Also Read: Vision Developments Breaks Ground on Dubai Sera Garden

Key Takeaways

• Condor Fortuna is an 85-apartment project completed in Majan, Dubailand.
• The AED 120 million development has a gross floor area of 89,404.45 square feet.
• Condor’s completed project portfolio over the past two years totals AED 750 million.
• The project offers studio, one-bedroom and two-bedroom apartments with access to major Dubai roads and landmarks.

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