Dubai

Properties Investment has completed the handover of 76 town houses representing the first stage of its Green Community Dubai Investments Park — West Phase III.

This is in line with its scheduled time frame. The Dh97 million project covers an area of 1.48 million square feet and will have a total of 210 town houses built in three stages. The developer is hopeful of a rise in demand for the second and third stages now that the first was delivered on time. “Amid the current market conditions, the luxury real estate segment is still attractive to investors,” stated Rashid Abdulla Al Haji, General Manager of Properties Investment.