Skai has completed its flagship Viceroy Palm Jumeirah Dubai hotel and residences project and will officially open its doors in March. The Dh4.3-billion ($1.17 billion) development was awarded its building permit and completion certificate (BCC) from Trakhees on November 14, more than two weeks ahead of schedule, said the UAE developer.
UAE-based Miral has joined hands with SeaWorld Entertainment to develop a first-of-its-kind marine theme park on Yas Island. SeaWorld Abu Dhabi will also feature a world-class aquarium and a marine life research, rescue, rehabilitation and return centre.
Damac Properties last month launched two luxury developments at Akoya Oxygen, an international golf community in Dubai. These include Akoya Play, a collection of three-bedroom villas set around a water park and Mod, a collection of townhouses.
IMG Worlds is to build a second giant indoor theme park in Dubai which is expected to open in time for Expo 2020. IMG Worlds of Legends will take over the title of the world’s biggest indoor theme park from the operator’s first park, which opened to great fanfare last year.
The UAE’s built assets, including transport links, high quality residential and commercial property, and industrial centres, will contribute $351 billion to the country’s economy, up 16 per cent over the last two years, according Arcadis’s 2016 Global Built Asset Performance Index.
Dubai has opened a huge VIP Terminal, minutes away from Al Maktoum International at Dubai South, the integrated city being built around the largest airport in the making and home to Expo 2020.
Case Construction Equipment has opened a new parts centre in Dubai which will cater to the region. The new depot will help Case boost its service levels and reduce downtime to help customers maintain high levels of productivity. The facility will focus on Middle East needs, stocking relevant parts and improving delivery time.
Kleindienst has awarded contracts worth Dh4.8 billion ($1.3 billion) for the development of The Heart of Europe, a cluster of six islands on The World located 4 km off the coast of Dubai.
Damac Properties awarded 15 construction and consultancy contracts worth Dh1.26 billion ($343 million) between August and November 2016, bringing the total value of contracts awarded in 2016 to Dh6.51 billion ($1.77 billion) for projects in Dubai and the UK.
Marina Mall Abu Dhabi is to undergo a Dh3-billion ($816 million) expansion which will see 120,000 sq m of space added to the destination in two years. With Urban Planning Council (UPC) approval well under way, the mall is likely to break ground on its new extension in the first quarter of 2017.
Nakheel reached a major milestone at Deira Islands with the opening of a Dh150-million ($41 million) access bridge to the project. The bridge, which links mainland Dubai with Deira Islands, was built as part of Nakheel’s Dh1-billion ($272 million) infrastructure works at the 15.3-sq-km retail waterfront city.
Abu Dhabi has entered the race to build the world’s first hyperloop, hot on the heels of Dubai’s quest to develop and build the futuristic superfast transportation system.
Dubai is to build the GCC’s first hydro-electric power station, which will be completed within five years and produce 250 MW of power.
Emaar enters Al Marjan Island DubaI’S Emaar Properties has signed an agreement with Al Marjan Island (AMI) to develop two-million-sq-ft mixed-use projects including high-end residential, hospitality and retail components at Al Marjan Island in Ras Al Khaimah. The $1.
