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* German property leaders team up in Dubai Sports City for $70 million project

Taken from AMEInfo

A consortium of German companies has announced the creation of a key development in Dubai. The Cube, a project valued at more than $70 million, will be part of Dubai Sports City.

The Cube project, led by Trend Capital, the German issuing house, is one of the first residential buildings to be announced in Dubai Sports City. This is the first example of German investment in the city of Dubai.