Shuaa Capital to manage development of Dh1.5b tower
The project to serve the growing demand in the UAE’s residential, tourism and hospitality sectors
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Abu Dhabi: Shuaa Capital on Tuesday announced that its real estate asset management division will be managing the development of a new mixed-use Dh1.5 billion skyscraper on Shaikh Zayed Road, Dubai.
The project, details of which will be unveiled at next week’s Cityscape Global Conference and Exhibition in Dubai, is intended to serve the ever-growing demand in the UAE’s residential, tourism and hospitality sectors, the firm said in a statement.
Shuaa’s real estate specialised asset management division currently manages assets in excess of Dh3 billion spread across both the UAE and Saudi markets.
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