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Dubai Investments progresses projects worth $1.2bn
2017/09/11

September 10, 2017
Dubai Investments is making steady progress on its portfolio of real estate projects which are valued at around AED 4.5bn ($1.22bn).

Mirdif Hills, a mixed-use residential, commercial and retail development by DIRC, is set to launch the sales of Nasayem Avenue, its second cluster, soon, the company said in a statement.

Excavation and foundation works for Janayen and Nasayem Avenues are nearly 100% complete as of mid-August 2017.

Mirdif Hills comprises 1,500 apartments, a four-star hotel with 116 rooms and 128 serviced apartments, a 230-bed hospital, retail outlets and community recreation. The project is expected to be fully completed by end of 2018.

The Green Community DIP ? West Phase 3, being developed by Properties Investment ? owned 70% by Dubai Investments and 30% by Union Properties, is expected to be completely handed over by the end of 2017.

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