Stallion To Build Dh1.2b Greek-Style Luxury Residences On Marjan Island

Stallion Properties on Sunday launched the Dh1.2 billion Greek-style development on Marjan island in Ras Al Khaimah, in line with plans to raise its total portfolio in the UAE to around Dh4.5 billion. The Santorini development will comprise 560 units covering an area of just over 463,000 square feet. The units will consist of Aphrodite townhouses, Zeus villas, Apollo condos and Artemis luxury condos. Construction will begin in October this year and is expected to be complete in 2011.