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29-06-14

Dubai developers to launch mixed-use project in Dubai

(MENAFN) Three major domestic developers have signed agreements to launch a new mixed-use project in Dubai in September, according to Arabian Business. Developers Aristocrat Star Real Estate Development, PAL Developments and Pacific Ventures will develop a community that will include 2,000 residential units, dedicated retail space, an office complex and a hotel. Osman Valli, chairman, Aristocrat Star Real Estate Development, said: "Delivering sound investment opportunities packaged within a sense of community was the vision that inspired us to venture into real estate development in the first place. And our upcoming project promises to be just that."