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After villas, Abu Dhabi's leading developers test investor interest in plot sales
Dubai: In Abu Dhabi, plot deals are demonstrating a hit with designers and financial backers. Engineer of the Jubail Island project has quite recently sold out each of the 194 estate plots reserved for the principal stage. These plots will be given over to the purchasers in the final quarter of 2022.
Financial backers appear to have noticed that the framework works are now at a high-level stage on the Dh5 billion improvement situated between the Yas and Saadiyat islands. The engineer says 65% of the foundation is prepared and every last bit of it would be finished in the second quarter of the following year.
This week, Abu Dhabi ace engineer Aldar dispatched the second period of the 'Al Gurm' improvement, a waterfront local area on the southwest of Abu Dhabi island. A bunch of 71 plots was sold at the undertaking, which will be set in the style of an archipelago of more than 105,000 square meters. Each plot, of 900 to 4,400 square meters, will approach the seashore. (These are accessible just for UAE nationals.)
Source: Gulf News