dayofdubai | SHUAA Capital To Manage The Development of AED1.5 billion Tower on Dubais Sheikh Zayed Road

Monday, Jun 19, 2023
Hijri Date
℃ Dubai, UAE

Real Estate

ID Number 14312
Aug 08, 2023
202

SHUAA Capital To Manage The Development of AED1.5 billion Tower on Dubais Sheikh Zayed Road

SHUAA Capital today announced that its realty asset administration division will certainly be managing the growth of a new mixed-use skyscraper on Sheikh Zayed Road, Dubai. The project, information of which will certainly be revealed at next week's Cityscape Global Meeting and Event in Dubai, is intended to serve the ever-growing demand in the UAE's property, tourist and hospitality industries. SHUAA's real estate specialized property administration department presently takes care of properties in excess of AED 3 billion spread across both the UAE and Saudi markets.

Speaking briefly on the occasion, Fawad Tariq-Khan, General Manager of SHUAA Capital said, "SHUAA's realty business line has shown know-how and a strong
record in establishing tasks, managing funds, and developing business alliances, both in the UAE and Saudi markets. We intend to utilise this toughness to the fullest as we remain to roll-out our expansion strategies. This project is set to match Sheikh Zayed Roadway's stunning skyline, and we waiting to the official unveiling at Cityscape."

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