National Properties, wholly owned subsidiary of National Bonds Corporation, has completed the concrete pouring of the foundation or “raft pour” for Dh1.5 billion Skycourts development.
“This marks a milestone with the first apartment scheduled to be delivered in 2009,” said Adel Ahmad Lootah, CEO of National Properties.
Skycourts located in Dubailand on the Al Ain road is the first real estate project to be developed by National Properties with the objective of offering homes and lifestyle options to the multinational community. The units on offer sold out to National Bond holders in six days last year.
Foundation work starts at Skycourts