(MENAFN- Khaleej Times) Skai Holdings, the Dubai-based real estate investment firm, is set to begin the main structural work on its Dh3.67 billion Viceroy Dubai Palm Jumeirah project, the firm said on Tuesday.
The luxury residential and hospitality project has received an overwhelming response from investors since its official launch in May, with all available inventory now sold.
"Following months of hard work, we are now starting to see the structure take form. We are delighted with the response from the market and are pleased to be able to show our investors that the project is progressing smoothly and ahead of target," said Kabir Mulchandani, chief executive officer of Skai Holdings.
The Viceroy Dubai Palm Jumeirah will offer its investors and guests 479 large rooms and suites and 222 signature Viceroy Residences with views of the Arabian Sea.
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.