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Dubai plans $5bn realty projects
- United Arab Emirates: Thursday, September 13 - 2007 at 06:49
Dubai Properties, a member of Dubai Holding, plans to launch real estate developments this year worth at least $5 billion, including 2,000 villas, a mixed-use cluster of apartments and a new master development, reported Gulf News. The spending will begin this month with the launch of an extension to The Villa residential project in Dubailand, which will bring 180 additional Spanish style villas onto the market. Meanwhile, the firm plans 2,000 more villas for the emirate before the end of the year.
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Jeff Florian, Senior ReporterThursday, September 13 - 2007 at 06:49 UAE local time (GMT+4)
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