Dubai – Mubasher: Oriental Pearls has commenced the construction of an AED 3.5 billion ($950 million) residential project in Dubai.
The company, which has a strong commercial presence in China, aims to be a strong competitor in Dubai’s freehold market, unnamed sources told Al Bayan newspaper.
Oriental Pearls has set attractive prices to the residential project’s units, the sources said.
The firm has appointed one of the top 10 engineering companies in the UAE as a consultant for its project, they added.
Oriental Pearls has also completed a huge scale model of its units to showcase them to investors when it begins selling the units.
