|
|
|
|
Will Paris Hilton be the new celebrity to jump on to Dubai property bandwagon? The Page-3-regular has reportedly entered into a Dh7.3 million deal with Abu Dhabi-based real estate developer, Hydra Properties. Hilton, a hotel heiress, will add more glow to Dubai's celebrity skyline.
Mike Esterman, celebrity booking agent said: "Ms. Hilton is having a lawyer look over a million-dollar agreement between a property company in the UAE and Paris Hilton. The deal would give the company 'naming rights' for three years to call a set of twin towers Paris Hilton Towers. The deal currently stands at around $1.5-2million."
Officials at Hydra Properties were not immediately available for comment. Although Hilton's roots are firmly entrenched in the hotel business, branding a property is just a hop, skip and a jump away. As a recent wave of celebrities-turned-real-estate-professionals have found, investors in Dubai real estate are cashing in on a booming economy.
Via Gowealthy
Related Stories:
Designs out for Azizi Platine on Palm Jebel Ali
Bangalore's real estate boom
Lubna says UAE pumped Dh120b into economy
The Atrium at The Waterfront by Sunland
Ajman freezes freehold visas
Wasl seeks advice on sustainable development
|
|
|
|
|
| Most Viewed in Last 30 Days |
| Syndication |
|
|
|
|
