Mina Al Fajer Real Estate said it will display its Dh800 million mixed-use Fujairah project Mina Al Fajer Resort at the Cityscape Abu Dhabi.
Abdulrahman Al Awar, Managing Director of Mina Al Fajer Real Estate, said investors from Abu Dhabi make up a large percentage of investors in the real estate sector in the UAE.
"And they have increasingly been looking at opportunities outside Dubai and Abu Dhabi where emerging developments, such as the Mina Al Fajer Resort, could provide better returns on investments," he added.
According to Al Awar, Cityscape Abu Dhabi is vital for the company "because it allows us to engage local and international investors. As Mina Al Fajer resort is expected to jumpstart the growth of tourism and real estate in Fujairah, we are happy to have this singular chance to meet them and share the investment opportunities we offer".
The company recently completed excavation works for the hotel and land reclamation of the marina apartments. It has also completed around 95 per cent of the construction work of marina. "We are two months ahead of schedule and this should enhance our reputation in the market as a company that delivers impeccable property projects within set timelines, without compromising on the quality of workmanship," he added.
Mina Al Fajer resort features a marina, 48 mountain villas, 13 solarium villas, and 80 marina apartments, in addition to a 200-room five-star hotel, that will be managed by the Fairmont Hotels and Resorts.
Follow Emirates 24|7 on Google News.
