
Can anyone check this up:
A new project advertised today in Gulf News by Al Andaleeb Investment Group.
Studios starting at 52,000 Dhs for an area of 350 sqft
1 BR starting at 104,000 Dhs for an area of 700 sqft
2 BR starting at 156,000 DHS for an area of 1050 sqft
This comes out to 148 Dh/sqft never seen such low price
The web site is: www.andaleeb.ae
Phone: 04 321 4323
Is this for real or just a scam as construction cost alone is higher than these sale prices.

If you can add please these projects that I have noticed missing from the list of towers:

I had a short visit yesterday to the site and noticed the following:
Work on piling tests on B5 plot.
Progress on the work on raft for B7
The columns of the ground floor are rising for B8
Excavation started for the Al Furqan Twin Towers