Dubai-based realty development and investment firm launches a new project
Makaseb Holding, Dubai-based regional real estate development and investment company, has recently announced that it will soon launch Quattro West, a real estate project similar to the Quattro Hotel and Business Park development. The Quattro projects are strategically located at the commercial districts of Jumeirah Village South, Dubai.
The announcement came as more than 75% of properties from the initial Quattro project were sold within the first three months of being available for purchase. Makaseb is working in association with Ta'sees, the subsidiary real estate development and investment arm of Tamerat Almousa Group, on the Quattro West realty development set to be launched in early 2007.
The initial Quattro real estate development was a Dh1 billion integrated business, retail and hospitality development in Dubai launched in 2006. Quattro encompasses four 30-storeyed towers, with two offering commercial space while the other two towers consisting of 150 hotel apartments, conference and banqueting facilities in addition to a rooftop restaurant. Both the projects feature symmetrical towers and mirrored designs.
The announcement came as more than 75% of properties from the initial Quattro project were sold within the first three months of being available for purchase. Makaseb is working in association with Ta'sees, the subsidiary real estate development and investment arm of Tamerat Almousa Group, on the Quattro West realty development set to be launched in early 2007.
The initial Quattro real estate development was a Dh1 billion integrated business, retail and hospitality development in Dubai launched in 2006. Quattro encompasses four 30-storeyed towers, with two offering commercial space while the other two towers consisting of 150 hotel apartments, conference and banqueting facilities in addition to a rooftop restaurant. Both the projects feature symmetrical towers and mirrored designs.
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