DPG to hand over four projects

Dubai Properties Group (DPG), a member of Dubai Holding, said on Monday it will complete and commence the handover of four new residential, retail and leisure developments next year.

The four projects are Remraam residential community in the heart of Dubailand, The Villa phase II, a the popular residential community in Dubailand, Bay Avenue at The Executive Towers in Business Bay, a 175,000-square foot retail destination, and the first Beach Club at the iconic Jumeirah Beach Residence.

The new projects will complement an existing DPG real estate portfolio of 16 developments, featuring 7 communities launched in the past 12 months in prime locations across Dubai including The Executive Towers at Business Bay; Shorooq and Ghorrob in Mirdif; Layan, Al Waha and The Villa in Dubailand and Nuzul staff accomodations in Jebel Ali.

“The completion of these four projects will strengthen our unique mix of real estate and demonstrates our commitment to delivering an extraordinary range of communities at every price range in every corner Dubai,” Khalid Al Malik, Group CEO, Dubai Properties Group, said:
DPG is currently in the process of handing over Vision Towers, a 51-story freehold office tower in Business Bay and expects to complete Bay Square, a unique business, retail and residential project also located in Business Bay, in 2011.

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