Bonyan International Investment Group, one of the leading real estate companies in Dubai, announced that it has sold out its AED 4 billion ‘Sama Al Jadaf’ community project, a 135-plot master development located in the Al Jadaf area in Dubai. The success of the project is part of the developer’s growth amidst the booming real estate sector in the emirate, which has seen land transactions increase by 170 per cent from AED 62 billion in 2006 to AED 175 billion in 2007. Furthermore, reports have also revealed the average value of deals in 2007 was around AED 12 million or more than 65 per cent compared to the 2006 figure.
Set to offer plots ideal for residential, commercial and hospitality developments, the ‘Sama Al Jadaf’ project has attracted investors and end-users due to the intelligent design incorporated within the entire community. Infrastructure and city services will be seamlessly integrated into the layout of the entire project, while motorists will also benefit from multiple access points and roads, which have been planned to alleviate traffic concerns. In addition, the Al Jadaf area provides a fitting location for the project due to its strategic location in close proximity to the Dubai International Airport and Dubai Festival City, and highly accessible through the Business Bay and Garhoud bridges.
Powered by Business.Maktoob.com. All rights reserved
Chinese Carrefour staff jailed for taking bribes:...
PRO TECHnology and Anevia deploy a...