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FINANCIAL NEWS
Jumeirah Group picked to operate RP Global USD1b tower
02 Sep 2015
(MENAFN) Dubai-based Jumeirah Group won a mixed-use development operation project from property investment company RP Global within its USD1 billion RP Heights tower.
The Jumeirah Business Bay will include a 200-room luxury Jumeirah hotel as well as 350 serviced apartments and 290 luxury residents managed under the Jumeirah brand.
The super tall tower will have a built-up area of over 3 million square feet and located in the heart of Business Bay. The project is expected to be completed before the opening of Expo 2020.
“As Dubai moves towards its tourism vision of receiving 20 million visitors a year by 2020, we are proud to be strengthening our Jumeirah portfolio in Dubai,” president and Group CEO said.
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