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IFA pays $1bn for plots on Palm Jumeirah
- United Arab Emirates: Tuesday, May 13 - 2008 at 09:46
IFA Hotels & Resorts has bought two plots of land on the crescent of Palm Jumeirah in Dubai for $1bn. The plots cover 1.012 million square feet and will be an extension to the Kingdom of Sheba resort. IFA HR recently broke ground on the Balqis Residence, the residential component of the Kingdom of Sheba.
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Jeff Florian, Senior ReporterTuesday, May 13 - 2008 at 09:46 UAE local time (GMT+4)
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