Dhs 30 billion Al Salaam City launched in UAQ
Tameer holding in Umm Al-Quwain has launched a Dhs 30 billion project called Al Salam for half a million residents. The project will be built over an area of 220 million square meters.
The Al salaam city is the hub for residential and commercial activities and comprises a number of residential districts. The new project aims to house over a million residents and will include a number of prominent towers.
The mammoth project wil also construct parks, playgrounds and entertainment centers. The al salaam city proposes to encompass a huge shopping mall which will be built in a distinctive architectural style.
President of Tameer holding, Omar Ayesh said "the project is planned to be executed in 3 phases with each phase expected to cover 5 years with an investment of Dhs 10 billion each."
The downtown will have a distinct shopping mall which will be the first of its kind in the Middle East and the fourth worldwide.
Ayesh said that Al salaam city project is an integral real estate project for Umm Al-Quwain and is open to investors from different nationalities.
Website: http://www.ameinfo.com/64846.html
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