Dubai's Falcon City to invest USD 2bn in new projects


(MENAFN) Dubai's Falcon City proclaimed the long-delayed project will attain new life this current year with almost USD 2bn in new developments.

Moreover, the project viewed only almost tenth of the 5,500 planned homes built since its launch in 2005 and billed to involve outsized models of the Pyramids and Taj Mahal.

Accordingly, the project's troubles have been made by sub-developers in charge of attractions like replicas of the Leaning Tower of Pisa, the Eiffel Tower and others.

Additionally, Falcon City has regained control of more than 10 of these sub-developments which involve a mix of residential units, retail, offices and hotels.


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