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FINANCIAL NEWS
Al Zohra Development unveils USD408m new projects
09 Sep 2015
(MENAFN) Al Zorah Development Company has unveiled two new communities with a development value of USD408 million, within its self-sustained 5.4 million square meter development, at Cityscape Global.
The Golf Estates gated community is a combination of villas and townhouses within The Fairways district while the Al Zorah Beach Residences comprises chalet-style villas and apartments in The Shores district.
Both Golf Estates and Beach Residences will start construction in early 2016 with the former scheduled for completion in 36 months and the latter in 24 months.
“Al Zorah is envisioned to be a one-of-a-kind destination which will bring a new lease of life into the UAE’s real estate sector,” CEO of Al Zorah Development Company said.
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