Dubai-Mubasher: Mohammad Oman Bin Haider Holding Group unveiled a “mega” project to be located in Al Marjan Island, according to a statement.
The 1.4 million square feet project will feature a 5-star luxury hotel, luxurious residential apartments, commercial buildings and retail area, valued at total investments of AED 1 billion ($272.26 million).
The announcement coincided with Cityscape Global 2016, which will take place from 6 to 8 September at the Dubai International Convention and Exhibition Centre (DICEC).
“We will work on executing this huge project over the coming months as part of our strategic plan to treble the number of our hotel rooms and residential units by 2020,” according to the group’s CEO.
