Awali Real Estate Investment announced the launch of four towers valued at Dh1.2 billion located within the Dh20 billion Awali City in Ajman, UAE.
Mohammad Al Nemer, chief marketing officer of Awali Real Estate, said: "The demand for real estate has grown significantly over the last few years, prompting developers to launch a number of mega projects in the emirate, in a bid to fill the gap between supply and demand."
The 25-storey Mashrabia Residence will be residential properties, comprising 800 apartments in the emirate of the UAE. The two Chevron commercial realties will be 25 storeys each and will offer a total of 15,000 square feet of office space on each floor in Ajman
Source: Gowealthy, 17th July 2008
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