Mr. Hashim Al Dabal, CEO of Dubai Properties, a part of Dubai Holding Company, said that Dubai Properties is currently conducting negotiations with the main developer of the Dubai Land project to build 4,000-6,000 apartments for medium-income people in Dubai. The CEO added that few hundreds millions of dirhams will be pumped into this project, which will be built in a large area through the Dubai Land project, a tourist city costing $4.9 billion. The CEO refrained from mentioning the exact cost and area of this residential building project.
Al Bawaba
