Permission number to promote property, $85 mln contract, launch of Toledo

Permission number to promote property, $85 mln contract, launch of Toledo

  • AX News
  • Permission number to promote or list property, Damac and Engineering Construction & Reconstruction $85 mln contract, the launch of the second phase of Abu Dhabi community – Toredo

Only 3 permits to promote or list each property.

Dubai Land Department further tightens marketing of secondary properties. This means that up to three agents can take up marketing of a property. The rules come into effect on October 1, 2022. The moment a property gets sold, all promotional and advertising material need to be removed instantly.

Damac has awarded an $85.3 million contract to Engineering Construction & Reconstruction Co. for the construction

  • 190 villas in the Bel Air project in Damac Hills
  • 30-floor residential complex, Damac Hills Golf Gate

Bloom Holding has announced the launch of Toledo, the second phase of its Abu Dhabi community – Bloom Living.

Zayed City The project features:

  • 2, 3-bedroom townhouses – from 120m²
  • 3, 4, 5-bedroom villas – from 254m²

Prices: from $436,000 Benefits:

  • Pools
  • Clubhouse
  • Sports grounds
  • Kids' play areas

Completion – Q2 2025

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