Construction

Tiger Properties to develop 18 new projects worth $2.7bn in 2018

Projects will be spread between Dubai and Sharjah

Tiger Properties, the UAE-based real estate developer, has said that it plans to develop 18 new projects in Dubai and Sharjah over the course of the next two years, with a total investment of $2.7 billion.

According to a Gulf News report, the group will be soon be launching its first project this year. The Square, a $136.1 million residential project comprising of 400 units, will be the first of 12 projects to be launched in 2018.

The developer plans to deliver more than 2,000 new housing units this year, the report added.

Last year, Tiger Properties said that it had handed over 2,000 units for both sale and lease. Its investment plan includes the development of 13 projects in Dubai, and five projects in Sharjah.

Furthermore, the report said that Tiger Group would be expanding its portfolio into the UAE’s education sector.

Comments

Most Popular

To Top