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Omnyiat cuts 2008 unit costs by 10%
- United Arab Emirates: Tuesday, August 11 - 2009 at 11:24
Dubai-based Omniyat Properties has announced a 10% reduction in the price of its units for projects sold during the peak of 2008, Emirates Business has reported. 'As construction costs now have come down, we have passed on the benefits to our customers,' said Mehdi Amjad, Chairman of Omniyat. The developer has begun the handover of residential units in its Dhs800m The Square project in Dubai.
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StaffTuesday, August 11 - 2009 at 11:24 UAE local time (GMT+4)
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