Iris launches new Dubai project
United Arab Emirates: Thursday, April 03 - 2008 at 07:03
Dubai-based Indian real estate developer Iris has announced the launch of its latest project, the Dhs100m ($27m) Iris Asmar, a seven-storey residential building located in Dubai's Cultural Village, reported Gulf News. The complex will consist of eight three-bedroom and seven four-bedroom apartments. It is the company's fourth project in Dubai, bringing the current portfolio to Dhs2.5bn. Ashwin Sheth, director of Iris Properties, said the company hopes to boost its portfolio to Dhs5bn this year. Prices in Iris Asmar will start at Dh2,835 per square foot and go up to Dh2,888 per square foot.
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Jeff Florian, Senior ReporterThursday, April 03 - 2008 at 07:03 UAE local time (GMT+4)
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