Friday, June 29, 2007

Memon launches Champions Tower III

Memon Investments, the Dubai-based property developer, has launched Champions Tower III in Dubai Sports City, thereby taking the UAE portfolio of the company to the Dh.500 million mark.

The residential tower comprises sixteen storeys and is being constructed at a cost of Dh.145million and is due for delivery during early 2009. Construction will begin in August this year, says the company official.

The Champions Tower III follows the Champions Towers I and II, both of which were launched in Dubai Sports City and have been sold out.

The total value of the three Champions Tower projects including the Dh.80 million Cambridge Business Centre by Memon, located at the Dubai Silicon Oasis, are approximately Dh.500 million, which is a part of the Dh.1 billion investment plan of the company.

2 comments:

Ramzi said...
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Anonymous said...

Mashsa Estates Ltd, UK