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Emaar launches first residential project for MBR City
- United Arab Emirates: Monday, December 10 - 2012 at 10:45
Dubai's Emaar Properties and Dubai Holding have announced the first residential project as part of their joint venture launched last month, Mohammed Bin Rashid City (MBR City). The developers said that along with the world's biggest shopping mall, a Universal family theme park and a park that is a third bigger than Hyde Park in London, the new city will also be the home of Dubai Hills, a gated community with luxury residences similar to Emaar's existing Emirates Hills development. The homes will be built around a new 18-hole championship golf course and will include plots of 20,000 to 30,000 sq ft. "With demand for premium homes in the city increasing, led by Dubai's status as the region's business and lifestyle hub, Dubai Hills is set to be the first choice for the discerning property investors," said Ahmad Al Matrooshi, Managing Director, Emaar Properties.
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StaffMonday, December 10 - 2012 at 10:45 UAE local time (GMT+4)
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