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24.01.2015
An unnamed investor has bought 125 villas in a luxury development in Meydan City in Dubai, with agents reporting that talks are ongoing to extend the deal even further.
An anonymous investor has bought 125 villas in a luxury development in Meydan City in Dubai, with agents reporting that talks are ongoing to extend the deal even further. Arabian Business reported that the mystery buyer made the bulk order last month for the units in the Millennium Square project in Meydan City, where villas are priced from AED4.5 million ($1.225 million), Manish Bhandari, a senior agent at real estate firm SPF Realty. Bhandari declined to divulge the nationality of the investor as talks are still ongoing to potentially extend the deal beyond the estimated $150 million already put down. A total to 700 units will be built at Millennium Square, with 210 villas released as part of phase one.
An anonymous investor has bought 125 villas in a luxury development in Meydan City in Dubai, with agents reporting that talks are ongoing to extend the deal even further. Arabian Business reported that the mystery buyer made the bulk order last month for the units in the Millennium Square project in Meydan City, where villas are priced from AED4.5 million ($1.225 million), Manish Bhandari, a senior agent at real estate firm SPF Realty. Bhandari declined to divulge the nationality of the investor as talks are still ongoing to potentially extend the deal beyond the estimated $150 million already put down. A total to 700 units will be built at Millennium Square, with 210 villas released as part of phase one.
