Complex Made Simple

Bahrain’s GFH to develop mixed-use project in Dubailand

Bahrain-based Gulf Finance House (GFH) has signed a land sale agreement with Dubai Properties Group (DPG) to build a new mixed-use residential development in its Dubailand district, Gulf Daily News has reported. The agreement involves the purchase of a total area of around 1.2 million sq ft. The new development includes both separate and adjacent villas and housing groups on some 830,000 sq ft, in addition to integrated-services residential apartments on another 75,000 sq ft. The initial development process is expected to launch later this year, with the project to be completed within the next five years.