Dubai developer announces waterfront site completion

Construction of a new waterside property development in Dubai is now complete, it has been announced.

Cayan Investment and Development has finished its Dorrabay site at Dubai Marina - a AED350 million project which includes one, two and three-bedroom apartments, along with townhouses and duplexes.

Those who have already purchased homes at Dorrabay - which also features a gym, swimming pool and children's play area - are beginning to receive the keys to their new homes following their completion.

Chief executive of Cayan Investment and Development Kareem Derbas said the project should be seen as a boost to the emirate's property market prospects.

"We are confident that the project execution will go a long way in building customer confidence in our projects and the real estate industry as a whole," he explained.

Property investors considering making a purchase a site such as Dorrabay may be encouraged to hear that property advisor Mohammed Kashani-Akhavan recently described Dubai property as one of the best choices for long-term investment.

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