Zabeel Has $4.9bn In Projects In Dubai

Zabeel Properties, the real estate arm of Dubai-based Zabeel Investments, is currently developing eight projects in the emirate, with a combined value of Dhs18bn ($4.9bn), reported Gulf News. Robert Norton, CEO of Zabeel Properties, said the company will 'always be expanding in the UAE' because it has a large landbank of strategic plots. The company, which was launched in March, will have at least one more project this year, he said.