DUBAI
Dubai Investments, a diversified investment company listed on the Dubai Financial Market, has announced that its real estate projects worth over Dh4.5 billion across the UAE are generating investor interest.
Dubai Investments currently has one of the largest land banks in the UAE, and plans to develop projects with over 20 million square feet Gross Floor Area, GFA, in the next two years. The land banks, owned by DI subsidiaries – DIP, DIRC and Properties Investment, includes nearly 15 million square feet GFA within DIP and at strategic locations across the UAE.
Projects, which are either in planning or finalisation stage, include a tower on Shaikh Zayed Road, residential buildings in Al Nahda, Al Barsha, Jumeirah Village Circle, Meydan and Abu Dhabi and a hotel in Bur Dubai, among others. Other projects include expansion of The Market shopping arcade in Green Community – DIP and two residential buildings in DIP.
