Agreements are for 40 years and backdated to March 9, 2018
Total value of residential and commercial projects is said to be $204.19mn
Project is located in Marasi on the Dubai Canal and the development package is said to be $2bn
‘Heart of Business Bay’ project will offer ‘breathtaking views’ of the Dubai Canal
Signing ceremony took place at the Abu Dhabi Louvre
Company will also participate at Surface Design 2018 at the Dubai World Trade Centre
Luxury project boasts 250 units of one- to three-bedroom apartments and penthouse suites
Nine-month reclamation and construction works start-up off Abu Dhabi coast
Phase one is 20% complete and developer expects to handover first homes by the end of 2018
Facility will occupy the ground and first floor of mixed-use building