Abu Eid Real Estate Development Company announced the completion of its first project, “Celia Residence,” which was delivered 7 months early in “Dubai Studio City.” It also announced the sale of all units of its second residential project, “Celia Heights,” which is worth 150 million dirhams and is located in Dubai, Majan area, next to Al Barari. The project consists of 188 residential units and 15 commercial stores.
Hussein Abu Eid, Chairman of the Board of Directors of Abu Eid Real Estate Development Company, said during a press conference held by the company in Dubai yesterday to celebrate the launch of its new project “Celia Heights” and the announcement of the completion of the “Celia Residence” project: The company moved its regional headquarters to the city of Dubai, as One of the most important and first real estate cities in the world, the most profitable in the sector, and a starting point for expansion in the UAE and the Gulf countries in the future. He added that the real estate scene in Dubai is witnessing a renewed wave of investment momentum and record strong sales.