Dubai Properties sees scope for more hospitality projects

Dubai: Dubai Properties will be expanding its hospitality projects portfolio following the response it generated for the venture that will be managed by Anantara Hotel Resorts & Spa in Culture Village.

More residential projects are also on the anvil as the developer surfs the momentum from the launches of Maram Residence — overlooking the Burj Khalifa District and with starting prices from Dh1.7 million — and Dubai Wharf, a mixed-use cluster in Culture Village and with upwards of Dh1.1 million.

“From design and development to sales and handovers, DP has consistently delivered projects that create opportunities for end-users and investors,” said Mohammad Al Habbai, Chief Officer for Urban Planning and Infrastructure at Dubai Properties Group. “Our recent market performance and new launches are testament to the success of this approach. We will continue to support Dubai’s growing real estate industry by launching new projects that provide strong investment opportunities across every sector.”

The developer in its latest summary confirmed delivery of 36,000 residential units, 2.8 million square feet of office space and over 1.2 million square feet.

You may also like this: Holiday homes seen to alter hospitality market in Dubai

Source: Staff Report, gulfnews.comGN


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