Dubai Investments Park attracts Dh20 billion in residential investments

Dubai Investments Park (DIP), the wholly-owned subsidiary of Dubai Investments and one of prestigious real estate projects in Dubai, has announced that more than Dh20 billion worth of residential projects will be constructed in the Park in 2007, bringing the total investment value to almost Dh21 billion.

7 major developments by a consortium of developers are earmarked for construction in DIP during 2007, offering investors 19,392 residential units when the projects are completed by 2010. The multi phased developments are spread over a total area of 3,200 hectares and equipped with world-class facilities and services for manufacturing, residential, academic, research and development, distribution and logistics purposes.
Located close to Jebel Ali port and Dubai’s upcoming international airport in Jebel Ali, the fully landscaped DIP is conveniently located for easy travel requirements. The Park can be accessed from Emirates Road and Sheikh Zayed Road, and the outer bypass of the Park is surrounded by a 20 Km radius of major residential, recreational, entertainment and hospitality developments. Source