News tagged "Uae"

Azizi relaunches two residential projects in Al Furjan

Azizi relaunches two residential projects in Al Furjan

10th July 2014

Azizi Developments has relaunched two of its residential projects in Al Furjan. The ground plus 11-storey structures — Yasamine and Feirouz — will entail a project cost of Dh 250 million.  “Our decision to relaunch Al Furjan projects is timely given the growth and potential returns any one person or organisation can gain from investing,” said Mohsen Kamel, CEO. “There was a delay in development projects during the economic downturn; however, even during the recession we ensured that financial investments in the properties made by customers were returned to them.[..]

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HLG signs US$ 395 mn Jewel of the Creek mixed use project contract in Port Saeed, Dubai

HLG signs US$ 395 mn Jewel of the Creek mixed use project contract in Port Saeed, Dubai

10th July 2014

Habtoor Leighton Group (HLG) has signed a AED 1.45 billiuon (US$ 395 million) contract with Dubai International Real Estate (DIRE) to deliver Package 8 of its Jewel of the Creek mixed-use project in Port Saeed, Dubai.This project forms a significant part of the AED 3 billion (US$ 816 million) Jewel of the Creek development, which HLG has worked on since 2012 when the Group was appointed to construct and complete the substructure works for four basement levels and ground floor slabs on the waterside site between Al Maktoum Bridge, Baniyas Road and the Floating Bridge.[..]

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