Business | Property
New Dh250m Champions Tower to rise in Dubai Sports City
Memon Investments, a Dubai-based property developer, has announced the launch of the Dh250 million Champions Tower IV in Dubai Sports City.
Dubai: Memon Investments, a Dubai-based property developer, has announced the launch of the Dh250 million Champions Tower IV in Dubai Sports City (DSC).
The 20-storey Champions Tower IV will house 228 units comprising of 19 studios, 76 one-bedroom and 133 two-bedroom apartments.
The freehold residential tower will incorporate a golf course, garden and canal views, a state-of-the-art surveillance and intercom system, basement parking, covered parking on the ground floor, 24-hour manned security and in-house maintenance, mood lighting, four high-speed elevators and valet parking services.
In addition, the developer also revealed that it has registered an escrow account for the project with the Commercial Bank of Dubai, in compliance with RERA and Dubai Land Department regulations in a bid to further drive investor confidence.
Business Editor's choice
-
‘Wrong Way' Krugman
The source of our economic malfunction lies with government-mandated bank regulations
-
Greek exit could make Eurozone stronger
Departure will show limits of bailouts and allow remaining members to act much more like a unit
-
UAE upholds values of free trade
Recently released statistics confirm an established fact, namely that of the UAE embracing the free trade principle in general and imports in particular

