Plans for an investment of Dh2.56 billion ($700 million) in Dubai's real estate market were recently announced by South Korean property developer, Axon.
According to <i>Gulf News</i>, Dubai Sports City recently became the first recipient of a portion of this investment, when Dh367 million ($100 million) was allotted to build a commercial tower on Tuesday by Gulf Axon, the company's regional subsidiary.
