Real estate financier Amlak Finance is finalizing the first phase of its new residential project in Dubai’s residential area of Mirdiff, Invest-Gate reports.

In a press statement, the company says that the project worth AED 135 mn is scheduled for completion by Q4 of 2017 and comprises 54 villas.

The development includes 18 land plots, with total area of 136,224 square feet.

Each plot encompasses three high-end townhouse villas which have four to five bedrooms, private gardens, and parking facilities.

Phase 1 will be handed over by August, while Phase 2 and 3 will be delivered by the end of September and November, respectively.