Saturday, September 4, 2021

Dubai Investments to handover $953m worth of real estate in Q2

 


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Company's portfolio for handover in H2 includes more than 240,000 sqft of retail space, 100 retail units, over 280,000 sqft of office space, more than 350 hotel rooms and in excess of 1,200 units of residential and serviced apartments

Dubai Investments has revealed it will handover real estate worth AED3.5 billion ($953 million) across Dubai and Fujairah in the second half of this year.

The company’s portfolio for handover in H2 includes more than 240,000 sqft of retail space, 100 retail units, over 280,000 sqft of office space, more than 350 hotel rooms and in excess of 1,200 units of residential and serviced apartments.

A breakdown of these will se
e a mall, retail, offices and a hotel within the commercial cluster of the AED3bn ($817m) mixed-use Mirdif Hills project – the company successfully handed over the residential cluster within the project in 2020.

Works are also progressing to complete the AED470m ($128m) flagship Al Taif Business Centre (above) project in Fujairah - a mixed-use project comprising of the mall, office tower, residential tower, and the hotel.

“With the real estate sector maintaining stability in Q1 2021, it will continue to be a key vertical for Dubai Investments. We are completing the final phases of the projects at strategic locations, offering a range of investment opportunities, aimed at furthering economic diversification and enhancing the investment environment,” said Khalid Bin Kalban, vice chairman and CEO, Dubai Investments.

“Our commitment to a fast-paced track to growth will ensure the sustainability of the development process and the consolidation of a knowledge-based economy that can attract assets and investments from around the world.”

Shaikhani Group is working in Dubai since 1993, there was a time where 2000 Companies came and enlisted themselves as Genuine Designers, in today’s time exceptionally company survived, since of rules and controls of Dubai, Shaikhani is one of them who are still working in Dubai, this step which our pioneer of Dubai took it.

That’s the leading since it'll control the request and supply, also, it would be exceptionally advantageous for the client to have a variety of his choice within the same cost plan.

Dubai may be an endless city where each culture life in and Dubai’s government is taking actions to create beyond any doubt it'll be useful to all societies. They have distinctive ventures which are still in advance before long it'll be handover, those ventures are Gardenia, Champions Tower 3, Cambridge Trade Middle, and others are in pipeline. Usually the benchmark and trustiness of the company that in case you contribute with them, it'll be secure and productive in future. Encourage points of interest to visit their site www.shaikhanigroup.com

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