A $1-billion Warner Bros theme park will open in 2018 at Abu Dhabi’s Yas Island. The park will include the world’s first Warner Bros branded hotel. Construction is already under way and rides are in production, said Miral, a developer of destinations in Abu Dhabi, and Warner Bros.
UAE-based Aldar Properties has launched a Dh6-billion ($1.63 billion) golf and waterfront development at Yas Island, its largest project to date. Yas Acres will boast 1,315 villas which will be available for purchase by all nationalities.
Dubai Silicon Oasis Authority (DSOA) invested Dh3.6 billion ($979 million) for the development of its integrated free zone technology park in 2015. DSOA chairman Sheikh Ahmed bin Saeed Al Maktoum said the projects that DSOA is currently working on include the Dh1.3-billion ($353 million) Silicon Park as well as the Dh56-million ($15.
Bloom Properties unveiled the fourth phase of its Bloom Gardens last month and 90 per cent of the new homes were snapped up by investors within a week of their launch. The latest phase, Faya, comprises 132 homes. Three previous phases of the project contain a total of 325 villas.
Damac Properties’ luxury hotel and serviced residences Damac Towers by Paramount Hotels & Resorts, located in Dubai’s Burj area, has topped out. Revealing the news at last month’s Arabian Travel Market (ATM) in Dubai, the company also said façade work on the $1.
Dubai-based Radiant Star says that work on Riah Towers, its Dh325-million ($88.5 million) freehold development, is nearing completion and will be ready for handover in the fourth quarter of 2016. Located at Dubai Culture Village, the 17-storey tower comprises 156 residential units and four commercial spaces.
Dubai Electricity and Water Authority (Dewa) launched the final stage of bidding for the third phase of the Dh50-billion ($13.6 billion) Mohammed bin Rashid Al Maktoum Solar Park by hosting a conference for interested developers last month.
The first phase of the Dh25-billion ($6.8 billion) District One project at Mohammed bin Rashid Al Maktoum City in Dubai is scheduled for completion by 2020, said a report.
SKAI has won the Tall Buildings prize at this year’s Architectural Review MIPIM Future Projects Awards for the design of its 60-storey Viceroy Dubai Jumeirah Village.
Masdar City in Abu Dhabi will undergo significant expansion over the next five years, driven by its emergence as a hub for research and development (R&D) and the commercialisation of clean technologies.
Johnson Arabia, a mobile crane hire company in the UAE, is expanding its fleet and service offering with the new Terex AC 350/6, which is claimed to be the most compact six-axle all-terrain crane in the 350-tonne capacity class on the market.
Knauf AMF, a leading European manufacturer of high-quality ceilings and wall panels, recently supplied Heradesign wall panels for the Hartland International School project in Dubai. Owned by the Sobha Group, the school comprises primary and secondary sections housed in one large campus located in MBR City, Meydan.
Dewa plans substations for expo Dubai Electricity and Water Authority (Dewa) is building three 132/11 kilovolt (kV) substations with 45 km of high-voltage (132kV) cables in support of the World Expo 2020 in Dubai. The total cost of projects will be Dh420 million ($114.32 million) and the substations will be ready by 2017.
Leading developer Tilal Properties is studying proposals for two new projects worth Dh3 billion ($816 million) in Sharjah, according to a report. The first project will comprise housing units, while the second one will be an industrial city, the company’s director general Khalifa Al Shaibani was quoted as saying by the Mubasher news website.
