• Azizi Developments to invest Dh60 billion in delivering 50 hotels in 5 years

    Staff Report Dubai, UAE Azizi Developments, a Dubai-based property developer, said it will invest Dh60 billion to develop 50 hotels in the next five years, that will help diversify its portfolio and help increase recurring income from assets. Azizi will operate the hotels itself through a newly-established hospitality division, the company said in a statement. […]

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  • Nakheel launches 418 new homes with development value exceeding Dh1.24 billion

    Dubai, UAE Nakheel, the master developer of the world’s first palm-shaped man-made islands off the coast of Dubai, said, it will develop Murooj Al Furjan, a residential community of 418 villas at Al Furjan, one of its largest, most popular mixed-use developments in Dubai. Prices of villas start from US$790,000 (Dh2.9 million) apiece. The announcement […]

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