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Al Mazaya, $220m tower sales
- United Arab Emirates: Monday, February 05 - 2007 at 07:54
The Al Mazaya Real Estate Company has sold two of the three towers in the $340m Al Mazaya Business Avenue project in Dubai at Jumeirah Lakes. The two towers were sold for $220m, with the Hilal Al Zarooni Group and Dynasty Enterprises buying one for $111m, and Hilal al Zarooni and the Baraq Group buying the second for $109m. The three 44 storey commercial towers should be ready by 2009.
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Jonathan Sheikh-Miller, Deputy EditorMonday, February 05 - 2007 at 07:54 UAE local time (GMT+4)
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This article was updated on Fri Mar 23 2007.
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