DIRC makes real estate foray
01 December 2006
Dubai Investments Real Estate Company (DIRC), the real estate arm of Dubai Investments, has launched its first residential project – ‘Ritaj’ – at Dubai Investments Park.
A residential development designed to epitomise affordable luxury, Ritaj provides a range of more than 2,200 housing units, including studios, one, two and three bedroom apartments that offer world-class facilities. Residents at the project will enjoy fully serviced accommodation, which includes 24-hour security, maintenance and cleaning.
“DIRC is focused on diversifying its investments and is constantly exploring new business opportunities and revenue streams,” said managing director and CEO, Khalid Kalban.
“DIRC was launched to further our aim of contributing to the growth and development of the UAE by meeting the demand for high-quality but affordable residential and commercial projects. DIRC complements Dubai Investments’ diversification strategy and will soon launch a variety of real estate projects which will include residential and commercial buildings, staff accommodation facilities, warehouses and a unique country club.”
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