FINANCIAL NEWS

Abu Dhabi exposes new projects value USD 231.35mn

31 Mar 2016

(MENAFN) Abu Dhabi will construct a new tourist and entertainment destination with residential apartments, retail outlets, and cinema hall with an investment of USD 231.35mn.

Moreover, the tourist market is increasing in the country with what Etihad Airways is doing, which is one of the main projects that will put Abu Dhabi on the tourism map.

Additionally, the project will come up in an area spanning 150,000 square meters and is organized to be finished in the second quarter of 2018.

Accordingly, the number of apartments is not completed, but it will be three to four floors and will be only for lease and there won’t be any sale.

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