Saudi developer ARTAR launches first UAE project

05/01/2016 Argaam

ARTAR Real Estate Development, the property development arm of Saudi Arabia’s Abdul Rahman Saad Al-Rashid & Sons Co., has unveiled plans to build its first luxury residential development in the United Arab Emirates (UAE).

 

Located in Downtown Dubai, Mada Residences will have 193 furnished units of various floor spaces and floor-to-ceiling glass in each unit, the company said in a statement on Monday.

 

ARTAR said it was in the process of arranging financial agreements with local banks to help potential customers finance the off-plan project.

 

Customers are requested to pay up to 30 percent of the property value within the first year, with the remaining 70 percent settled upon completion of the project, it added. 

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
loader Train
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.

Most Read