Dubai Lake Terrace flats finished

United Arab Emirates: Sunday, May 18 - 2008 at 10:41

Damac has completed 572 apartments at its Lake Terrace block in Jumeirah Lake Towers in Dubai. The company, which has been subject of much bad publicity recently over its handling of unfinished projects, said it will deliver 2,300 units this year, and another 7,100 by the end of 2010. It recently attempted to can a development on Palm Jebel Ali, despite pressure from investors not to do so. It eventually backed down after government intervention.

Staff Staff
Sunday, May 18 - 2008 at 10:41 UAE local time (GMT+4)

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