Published October 25th, 2007
Major Investor Rush for Dubai World Central (DWC) Offerings
Dubai World Central (DWC) – the 140 square kilometre urban land development under construction in Jebel Ali – received major investor interest in several of its real estate and property offerings during Cityscape 2007. As a result of the demand, DWC signed a MoU with Dubai Islamic Bank (DIB) at the event to finalise an agreement providing financing to DWC customers. The MoU will cover all real estate sales across the project’s three main components – DWC Residential City, DWC Commercial City and DWC Golf City.
DWC’s real estate components, covering a total of 38.9 square kilometers, commenced phase one lease reservations for three major areas – Residential City Staff Village, Dubai Logistics City (DLC) Staff Village and the DLC Office Park – attracting a diverse range of corporate, institutional and private investors over the three-day event. (more…)


