The upward trend in Dubai’s luxury real estate market has been cited as a key reason behind increased investment activity in the sector. As a result, ALA Developments has officially announced plans to invest AED 1 billion in the market.
This decision indicates that investor confidence in the economic stability of the UAE is continuing to strengthen.
It has been reported that ALA Developments’ first luxury project is set to be developed in the Al Jaddaf Waterfront area.
