Property | Gulf

Sales continue at UAE-Morocco project

Increasing demand at joint venture involving Al Maabar

  • Staff Report
  • Published: 13:19 January 24, 2013
  • Gulf News

More than 60 per cent of the Marina and Riverfront districts at the Bab Al Bahr development in Morocco have been sold and are being delivered.

Similar demand is also reflected in the recently launched Arts District, the promoters confirmed. The project is a joint venture between the UAE’s Al Maabar International Investment and Morocco’s Bouregreg Agency. The overall design was conceived by London-based Foster and Partners.

“We are delighted by the increased local and international demand,” said Lemghari Essaki, director general at the Moroccan firm.

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