The Dubai-based Sheffield Real Estate has disclosed plans to enhance its investment portfolio in Dubai's freehold real estate space and is looking at an investment of US$1.5 billion in the next one year.
The company's strategy to develop more cutting-edge realty and infrastructure development projects was unveiled at the ground-breaking ceremony of its project, AED 1.4 billion Marina 101, which is being developed in partnership with the leading Russian property developer in Dubai, Rustar Real Estate.
It should be noted that Marina 101, located at the Dubai Marina, is the tallest hotel apartment tower in the world.