Dubai launches USD8 b Mohammed bin Rashid City


(MENAFN) District One of the USD8.16 billion Mohammed bin Rashid City has been launched by the Dubai ruler Sheikh Mohammed bin Rashid Al Maktoum on Tuesday, according to Arabian Business



The new development expands over 54 million square feet, with District One alone expands over 4 million square feet



The first phase of the project will be developed in a joint venture between Dubai"s Meydan and Sobha Group


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