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Lagoons offers buyers alternative units
- United Arab Emirates: Wednesday, September 30 - 2009 at 14:18
The developer of the stalled Lagoons Project in Dubai is offering investors who bought homes in the project alternative apartments within Jumeirah Beach Residences, the National has reported. The offer is seen as the first sign of consolidation among Dubai Holding's main property units. Sama Dubai, which is the developer of the Lagoons, and Dubai Properties, which owns Jumeirah Beach Residences, recently merged with Tatweer as part of a consolidation of Dubai Holding companies.
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StaffWednesday, September 30 - 2009 at 14:18 UAE local time (GMT+4)
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