Amlak first phase at Mirdif completed

Amlak Finance has announced the completion of the first phase of its new residential development project in Mirdif, its first fully owned property scheme. The project, scheduled for completion by the end of the year, consists of 54 villas, with the first to be handed over by August. The Dh135 million unnamed development includes 18 land plots over a total area of 136,224 square feet. Arif Alharmi, managing director and CEO of Amlak Finance, said: “This project has been fully managed and developed by Amlak and we believe it is well suited for the market. It will further enhance the value of our real estate investment and fulfil our commitments to our financiers and shareholders.