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2008
Home arrow News arrow Middle East arrow Further investment due in Jumeirah Village

Further investment due in Jumeirah Village

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Tuesday, 11 March 2008
New Peojects in Dubai
New Peojects in Dubai

Dheeraj and East Cost LLC has decided to invest UAD 700 million in Jumeirah Village to be spread over two different projects. This will add to their current investment in Dubai and bring it over the UAD 4 billion mark.

At the same time, plans for the Sternon projects in Jumeirah are steadily advancing. 

The Middle East is proving itself to be a hotbed of activity, as two separate corporations have made plans to build up the area with a number of investment projects that will bring even more tourism and interest to the area.

Dubai has been a popular place for a number of years, but the Sternon Group is about to make it even more active. On March 8th, they announced plans to execute a number of different projects around Dubai within a few months time. The first plan is to build a development known as the Sternon Tower. This building will be housed in Jumeirah Village South and construction is set to start in June of this year. It will have a number of different residential units, including penthouse apartments as well as studio apartments. The company also plans to include offices as well as retail space in the Sternon Tower, which will be built directly near the Dubai Autodrome.

Dheeraj and East Coast L.L.C. have also decided to launch a few projects in Jumeirah Village. They are in the process of building two separate projects: one known as The Gardens and another known as The HQ. The Gardens is being planned as a residential project that will have 231,00 square feet of space. The HQ, however, is a commercial project that will have 300,000 square feet of space for businesses and companies to nest in.

Both companies have other projects that they have brought to Dubai and to the Middle East, bringing both revenue and interest to the area.

This story relates to: dubai  tourism  [SEE ALL]


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