Bonyan Sells Out Dh4b Project In Dubai

Bonyan International Investment Group on Tuesday said it has sold out its Dh4 billion Sama Al Jadaf community project - a 135-plot master development - located in the Al Jadaf area in Dubai. "The success of the project is part of the developer's growth amid the booming real estate sector in the emirate, which has seen land transactions increase by 170 per cent from Dh62 billion in 2006 to Dh175 billion in 2007," the company said. Set to offer plots ideal for residential, commercial and hospitality developments, the Sama Al Jadaf project has attracted investors and end-users due to the intelligent design incorporated within the entire community. Infrastructure and city services will be seamlessly integrated into the layout of the entire project, while motorists will also benefit from multiple access points and roads, which have been planned to alleviate traffic concerns. In addition, the Al Jadaf area provides a fitting location for the project due to its strategic location in close proximity to the Dubai International Airport and Dubai Festival City, and highly accessible through the Business Bay and Garhoud bridges.