DH1B TOWER

Plans to build a signature tower and costing around Dh1 billion to build in MBR City is still on the cards, says Sobha chairman P.N.C. Menon.

“We have not shelved those plans, but we are not going to rush and build it,” said Menon. “The tower will be split between a hotel and serviced residences, with the apartments priced from Dh1,800 a square foot.”