Arada Signals Further Expansion Into High-End Dubai Property Market With AED600 Million Zabeel 2 Plot Purchase From Rital Properties, The Real Estate Arm Of Emirates NBD Properties
Arada has purchased a primeland plot in Zabeel 2 adjacent to Dubai International Financial Centre (DIFC), marking yet another significant expansion milestone for the master developer into the high-end Dubai property market. Valued at AED600 million, the plot was purchased from Rital Properties, the real estate subsidiary of Emirates NBD. The 138,466 sq ft land plot is close to both Index Tower and Central Park Towers. Strategically positioned between DIFC and Downtown Dubai, plans are in place to develop the land into a 50-floor luxury residential tower, containing 400 premium apartments, offering views of the Burj Khalifa and the stunning Dubai
Arada signals further expansion into high-end Dubai property market with AED600 million Zabeel 2 plot purchase from Rital Properties, the real estate arm of Emirates NBD
Arada has purchased a prime land plot in Zabeel 2 adjacent to Dubai International Financial Centre (DIFC), marking yet another significant expansion milestone for the master developer into the high-end Dubai property market. Valued at AED600 million, the plot was purchased from Rital Properties, the real estate subsidiary of Emirates NBD. The 138,466 sq ft land plot is close to both Index Tower and Central Park Towers. Strategically positioned between DIFC and Downtown Dubai, plans are in place to develop the land into a 50-floor luxury residential tower, containing 400 premium apartments, offering views of the Burj Khalifa and the stunning