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FinancialNews
22-08-17
Invest Group launches new USD136mn Dubai Tower
(MENAFN) Invest Group Overseas (IGO) has launched a new 40-storey, 195 meter-tall tower on what is described as "the last off-plan" residential property project available in Dubai's Jumierah Lakes Towers.
In addition, the Tower will cost between 500mn-600mn UAE dirhams to build and will contain 449 one, two and three bedroom apartments and 720 square meters of retail space.
Accordingly, the IGO purchased the plot of land in Cluster K of Jumierah Lakes Tower in May this year and already has a certificate from Dubai Land Department.
Meanwhile, a tender for building works on site is projected to be both floated and awarded in Dec this year, with work starting either in the same month or in Jan 2018.
MENAFN2208201700450000ID1095758408
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