Damac Properties (Damac) has announced the release of the second phase of luxury hotel apartments in Ghalia. Ghalia offers the first certified Sharia-compliant serviced hotel apartments and will be operated by Damac Hotels & Resorts, the hospitality arm of Damac. The 38-storey tower in Jumeirah Village will comprise 742 keys, with furnished units ranging from studio, one, two and three bedroom apartments, with prices starting from cAED550,000. The offering comes amid increased demand for Sharia-compliant accommodation in Dubai. Saudi tourists represent the largest number of visitors from the GCC, with 1.5mn visiting Dubai last year and this number is expected to reach 2.5mn by 2020. (TradeArabia News)
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