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Downtown Jebel Ali garners strong interest
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Posted Dec 9, 2006 11:32:07 AM By zq [Show Printable Version]  

Downtown Jebel Ali garners strong interest: Limitless, the international real estate arm of Dubai World, has declared its first real estate development project Downtown Jebel Ali in Dubai, a grand success. The zones 1 and 2 (East Quarter and East Central) have been sold to local as well as international developers and investors within days of the launch.

Saeed Ahmed Saeed, Chief Executive Officer, Limitless, said, "We are delighted to have received such an overwhelming interest from investors. At Downtown Jebel Ali, we are not only creating a development, but a thriving community where people will want to live, not have to live. And the response we received confirms that we are on the right track and that investors share our vision."


Downtown Jebel Ali Construction Site

Downtown Jebel Ali real estate project consists of four zones covering an 11 km stretch on Sheikh Zayed Road. Sales are currently open for zones 3 and 4 (West Central and West Quarter). Limitless will develop approximately 20% of Downtown Jebel Ali itself, while the remaining area is sold to investors.

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