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FINANCIAL NEWS
UAE’s Skai Holdings sells USD252m apartments
07 Aug 2014
(MENAFN) Skai Holdings, the Dubai-based real estate investment company, has sold as much as USD252.32 million-worth of its four-star hotel Suites in the Skai, in Dubai’s Jumeirah Village Circle, which worth USD326 million, according to the Emirates 24/7.
Skai Holdings has sold all available hotel rooms and serviced apartments in the 60-storey tower.
The remaining areas such as the food and beverage outlets, meeting rooms, spa and retail will be retained by the developer.
Suites in the Skai will include 234-hotel rooms, 234 one-and-two bedroom apartments and 33 penthouses.
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