Mr Know It All!

panguna-pngHH Sheikh Mohammed bin Rashid Al Maktoum has approved the 2030 Dubai Industrial Strategy, with the aim of generating a further US$ 44 billion to the emirate’s GDP. Its focus will be on six sectors – aerospace, aluminum, equipment, food and beverages, maritime and pharmaceuticals.

Emaar has awarded a US$ 272 million contract to Trojan General Contracting to build 1.4k Mira Oasis townhouses in the 2nd phase of its massive Reem project. Located adjacent to Arabian Ranches, the development is spread over three phases, due for staggered completion dates – December 2017, September 2018 and December 2018.

Jumeirah Golf Estates has sold all phase 1 of its Redwood Park project, due to be handed over in Q4. Prices for the 3-4 bedroom townhouses – overlooking the Fire golf course – start at US$ 681k.

Despite the reported slowdown in the Dubai realty sector, Damac has announced that is has already…

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