Wednesday, 07 January 2009
updated 1 minute ago
21:40 UAE time

YOUR DIRECTORY /

Skycourts beyond the limit

by ArabianBusiness.com staff writer on Monday, 16 July 2007

Adel Lootah, CEO of National Properties, Nasser Bin Hassan Al-Shaikh, Vice Chairman & CEO of National Bonds Corporation Mohammed Al Shaibani, Chairman of National Bonds Corporation.

National Properties, the wholly-owned real estate subsidiary of National Bonds Corporation, has broken ground for Skycourts, the pioneering freehold residential development that will come up in the heart of Dubailand.

The ground-breaking follows the successful launch of the $408 million project last year, during which the first phase of residential units was all sold out within six days after the sale was opened exclusively for customers of National Bonds.

The release of the next phase of apartments will be announced shortly, with exclusive booking facility extended to National Bonds holders initially.

Story continues below ↓

Senior officials including Mohammed Al Shaibani, Chairman of National Bonds Corporation; Nasser Bin Hassan Al-Shaikh, Vice Chairman & CEO of National Bonds Corporation; and Adel Lootah, CEO of National Properties attended the ground-breaking ceremony held recently.

Skycourts is the first real estate project to be developed by National Properties, a wholly-owned subsidiary of National Bonds Corporation with the objective of offering distinctive homes and lifestyle options to the multinational community in the UAE.

Set for completion in 2009, Skycourts project will add over 2,300 apartments to Dubai's continuously expanding portfolio of residential communities.

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