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.
Property | Gulf
Sales continue at UAE-Morocco project
Increasing demand at joint venture involving Al Maabar
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.
Business Editor's choice
-
Gold buying loses its sheen in UAE
Local trade braces for subdued month as buyers wait for gold prices to slip further
-
Mideast investors prefer to keep money home
They scrutinise wealth managers more and are actively overseeing their assets
-
Cyprus returns to holiday island mode
The government has since put the priority on tourism, long a major money earner, as an anchor for the economy


