Dubai – Mubasher: The real estate developer Oriental Pearls will implement the first phase of Royal Pearls project at a value of AED 2.5 billion by November 2019.
The UAE-based upscale property developer completed10% of the project’s first phase, Al-Ittihad’s newspaper reported, citing Tarek Garar the firm’s sales and marketing deputy chairman.
The phase includes establishing 12 towers and its tender is set to be in January 2018.
Royal Pearls’ total value amounted to AED 21 billion, distributed over three phases, and the company will hand over 8,000 residential units by 2022, Garar concluded.
