Green Valley Real Estate to invest $408mn in UAE
Developments include a residential project in Dubai Sports City
Green Valley International Real Estate has announced major investments in developments worth $408.2mn (AED1.5bn) across the UAE and $272mn (AED1bn) across Turkey.
The new developments include a landmark residential project in Dubai Sports City on the Sheikh Mohammed Bin Zayed Road. The project will deliver 200 apartments of various sizes.
The company also announced a project in Trabzon, as well as a number of villas in Bursa worth $272mn (AED1bn).
Ali Saeed Al Salami, general manager of Green Valley International Real Estate, said: "We are proud to announce our new projects in Dubai as well as expand the scale of our projects in Turkey. Both these markets offer an excellent growth potential for investors looking for substantial return on investments.
"As one of the major players in the sector, we find the time opportune to invest in these booming markets, and investors who are eyeing good growth should tap into this opportunity."
Green Valley also has a number of projects underway across Lebanon, Turkey, UAE, Syria and Egypt.