UK luxury developer Northacre in new Palm Jumeirah project with Ellington and Sol Properties
Northacre, known for its prime London properties, is expanding reach into Gulf markets.
Dubai: There is more offplan coming on the Palm Jumeirah, with three companies – Ellington Properties, Shuaa Capital’s Northacre, and Sol Properties confirming a new nine-storey 88-unit project.
For Shuaa, this is the first time it is bringing in Northacre, a UK-based luxury developer, into the Gulf. This was part of a revised real estate strategy it had announced during summer. Until now, Northacre’s area of expertise had been prime London hotspots.