(MENAFN) Dubai's SKAI Holdings announced that it will commence structural work on a USD1 billion project on Palm Jumeirah, Arabian Business reported.
The Viceroy Dubai Palm Jumeirah project, a luxury and residential project, will offer 479 large rooms and suites and 222 signature Viceroy Residences with views of the Arabian Sea.
CEO of SKAI Holdings said: "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."
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