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Define Properties enters Dubai market
- United Arab Emirates: Wednesday, June 04 - 2008 at 10:33
Newly launched Define Properties is the latest entrant into Dubai's real estate industry. Initiated with a paid up capital of Dhs500m ($136m), the company's assets are valued at Dhs1.7bn, which include 12 plots in the Waterfront and 1 plot in Business Bay. President and CEO Tarek Kandil said Define sold its first project, Niki Lauda, off plan, before either the company or teh building were launched.
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Jeff Florian, Senior ReporterWednesday, June 04 - 2008 at 10:33 UAE local time (GMT+4)
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