Investment propels Dubai real estate sector
Investment takes Dubai real estate sector to a whole new dimension
Private sector investors are supporting the UAE government’s efforts and both have taken the the real estate sector in the region to a whole new dimension of growth and development to meet the rapid increase in population.
Omran Global is one of the pioneering comanies that early on realised the growth potential of this market, fuelled by the interest of more and more people attracted by the region’s boom conditions. The company recently announced the launch of the Al Salam Tower residential skyscraper which will soar into the skies as Sharjah’s tallest tower. Omran Global is investing AED 250 million to build the landmark, revealed company CEO Dr. Hakmi.
The company is continuing this approach with the recent commencement of a number of new projects with investments of over $1 billion. Dr. Hakmi said the comapny is shortly to announce a huge real estate project in Dubai. He declined to provide further details as final touches are being put to the project before unveiling it to the public.
Source: AME Info Business News