Advertisement
|11 June, 2018

Al Sayyah to invest $272mln in Dubai

The property developer aims to implement the project within two years

Image used for illustrative purpose. Empty car parking with Dubai downtown background

Image used for illustrative purpose. Empty car parking with Dubai downtown background

Getty Images

Dubai –   Al Sayyah & Sons Investment Co LLC is getting ready to build a multi-use complex in Arjaan, Dubai with nearly AED 1 billion in investments.

The Emirati company will add a new project under the name of “Al Sayyah Residence” to its ongoing business in Dubai, along with Shatha Tower, Sulafa Tower, and Blue Bay Tower, according to Al Bayan newspaper.

The property developer aims to implement the project within two years after appointing Al-Ajmi Engineering Consultants Office as an advisor for the project.

Advertisement

Al Sayyah has awarded the construction contract of the project to Al Sahel Contracting Company LLC with credit facilities from Emirates NBD.

The project will feature several residential and administrative units and commercial outlets, in addition to a recreational area spanning over 200,000 square feet.

The new project will also offer a spa, clubs, swimming pools, green spaces, and gardens.

Source: Mubasher

All Rights Reserved - Mubasher Info © 2005 - 2018 Provided by SyndiGate Media Inc. (Syndigate.info).

Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an “as is” and “as available” basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here.