Al Habtoor Group CEO: We intend to list the group on the Dubai Financial Market 2024
The CEO of the Al Habtoor Group, Mohammed Al Habtoor, said that the group intends to list the entire Al Habtoor Group on the Dubai Financial Market within two years from now.
In a press statement today, he indicated that the listing that the group seeks will be according to market conditions.
He explained that the group's investment allocations amount to about 3 billion dirhams, indicating that the volume of investment in Habtoor City is approximately 3.5 billion dollars.
In addition, he said that the real estate market in Dubai is on an upward trend, noting that 8 penthouses were sold out of a total of 12 penthouses that were put up in the three towers in Al Habtoor City, during the last period, expecting to sell the rest of the units during the current year, coinciding with the market recovery in the period The current figures, which are confirmed by the figures issued by the Dubai Land Department.
He pointed out that the prices of penthouses range between 30 and 35 million dirhams, and among the four there is a luxury penthouse with a price of 100 million dirhams, consisting of 7 rooms and a private swimming pool, which is offered for sale by the company.
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