New project to boost UAE’s realty – GulfToday

SourceGulf Today
SectorReal Estate
CountryUnited Arab Emirates

New project to boost UAE’s realty 6 hours ago The UAE property market showed strength during the current pandemic of COVID-19. Sajjad Ahmad, Gulf Today The UAE property sector is getting momentum as more developers are launching new projects to boost the industry and mitigate the impact of COVID-19. Reportage Properties, the leading real estate development company based in Abu Dhabi, revealed the launch of ‘Rukan’ Tower, which is the second phase of the ‘Rukan Lofts’ project that the company is developing in the ‘Dubailand’ area in cooperation with Continental Investment Co. The project is scheduled to be completed and delivered by Q4-2022. Rukan Tower provides about 488 residential units, distributed between studios, one-room, two-room and three-bedroom apartments. Islam soliman, Chief Commercial Officer (CCO) of Reportage Properties, said that the launch of ‘Rukan Tower’ came after company’s more...