Emaar project clinches Dh1 billion worth of sales

dubai - All 375 residences in twin-tower project sold out at launch

Emaar Development has recorded total sales worth approximately Dh1 billion at the launch of the first residences in Emaar Beachfront, following a good response from UAE-based and international investors.

Emaar Development's launch of Beach Vista, a twin-tower development, also recorded good response from customers, with all 375 residences launched sold out.

Mohamed Alabbar, chairman of Emaar Properties, said: "With Emaar setting impressive property sales last year, the response to our first launch this year is a positive statement on the robust performance of Dubai's property sector. It also underlines the credentials of Emaar Development in designing and delivering world-class homes.

Residents of Emaar Beachfront will have exclusive private beach access.

- business@khaleejtimes.com