|
contents | news | |||||||||
| Emaar Breaks Ground on Waterfront Community in Rabat Emaar Properties, the largest real estate developer in the world, broke ground at the Rabat waterfront, the site of its fourth luxury planned community in Morocco. Situated on the Moroccan capital's western side, the 11 km long, 330-hectare AED 12.5 billion (US$3.4 billion) Saphira development will have high quality residential communities and a vast array of hotel and leisure facilities, in addition to the infrastructure needed to turn the area into a world-class tourism, retail and leisure hub. Construction on phase one of the Saphira project is expected to take 10 years, with the first residential owners and retail tenants taking occupancy in two years. write your comments about the article :: © 2006 Construction News :: home page |