Construction on the residential community in Al Furjan is anticipated to begin this year, with completion in 2024.
Read MoreInvestors are clamouring to snap up new villas at its new Murooj Al Furjan community.
Read MoreReal estate market continues to attract 'positive levels' of investor interest.
Read MoreIsland’s 78,000 residents and visitors provide the customer base for Dh1.2b Nakheel Mall
Read MoreThe developer recorded 4,756 transactions cumulatively worth Dhs13.1bn in the first half of the year
Read MoreNot just safety, much hyped project on The World Islands also lacks basic approvals. It’s neither registered with nor regulated by any local authority.
Villa, boat, vessel, hotel or holiday home? The Dh15 million Floating Seahorse, a model of which sank off Burj Al Arab Hotel on January 3, is none of these.
So just what is it? For now, developer Kleindienst that has sold over a hundred such units off-plan has no convincing answer.
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