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First handover for City of Arabia late 2010
- United Arab Emirates: Sunday, September 06 - 2009 at 09:55
Officials behind the $5bn City of Arabia development in Dubai have said that despite delays to the project, a phased handover will begin by the end of 2010. Adjustments have been made to the development plan, due the to global economic downturn, although the four main elements to the project - Mall of Arabia, Restless Planet, Wadi Walk and Elite Towers - have not been changed. Around 80% of homes were sold off-plan, but with the off-plan market now considered unviable by many, the remaining homes, along with retail space, have been held back until nearer to the development's opening.
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StaffSunday, September 06 - 2009 at 09:55 UAE local time (GMT+4)
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