DUBAI - Nakheel, the Dubai-based property developer, today broke ground on Dragon Towers, its AED713 million twin-building residential project at Dragon City mixed-use community.
The ground-breaking ceremony, led by Nakheel Chairman Ali Rashid Lootah, comes a month after the developer awarded a contract for AED552 million to UAE-based Ali Mousa and Sons Contracting to build the project, the first residential component at Dragon City.
It is due for completion in 2021. Dragon Towers is a key component of Nakheel’s ongoing retail, hospitality and residential expansion at Dragon City.
© Copyright Emirates News Agency (WAM) 2018.