Thursday, 3 October 2013

Meydan links up with Indian developer on Dubai mega project | The National

Meydan links up with Indian developer on Dubai mega project | The National:

"With just days to go before Cityscape and property prices soaring, Meydan, the private developer behind the world’s largest horse racing complex, and the Indian developer Sobha are gearing up their efforts to market the first phases of a Dh21 billion mega project in Dubai.

The pair which are jointly developing 1,500 luxury villas set in 1,100 acres of parkland around the world’s biggest man-made lagoon, known as District One, are hoping they can take advantage of Dubai’s current property boom to launch an off-plan sales push.

The joint venture partners announced yesterday that they had completed construction of 80 per cent of the nine show villas they will be using to showcase the scheme. Full completion is expected in November."

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