DMCC, one of the world’s leading free zones and government of Dubai authority on commodities trade and enterprise, has announced that its mixed-use development, Uptown Tower has reached 153 m, with over 32 floors completed. Uptown Tower, is being developed within Phase One of Uptown Dubai district.
Arada, a leading property developer in Sharjah, has launched its new creative, upscale neighbourhood, Naseej District, that celebrates art, design and culture within its Dh24-billion ($6.7 billion) Aljada megaproject located in the heart of New Sharjah.
Saudi-based Qiddiya Investment Company (QIC) says it has awarded construction contracts worth SR2 billion ($532.8 million) over the last 12 months since work began on its giant entertainment hub located near Riyadh.
Reportage Properties, a leading real estate developer based in Abu Dhabi, says more than 20 per cent of the work has been completed on its Rukan Tower project in Dubai, which is scheduled for completion by the last quarter of 2022.
Leading property developer Kleindienst Group has announced that it is handing over the first of the 2,000 residential and hospitality units including floating villas, mansions and apartments within its $5-billion premium development, The Heart of Europe, in Dubai.
UAE-based Azizi Developments has signed a number of agreements for the supply of fittings for its landmark projects, Riviera and Creek Views, in Dubai.
UAE-based Deyaar Development has kicked off work on the third and fourth phases of its integrated flagship community development, Midtown, located in the up-and-coming neighbourhood of Dubai Production City near Sheikh Mohammed Bin Zayed Road. Midtown comprises six districts spanning 24 buildings, with a built-up area of nearly 5 million sq ft.
UAE-based Lootah Real Estate Development has announced the launch of a robust, technology-powered virtual property platform, Real Share, that allows fractional ownership of properties for as low as Dh5,000 ($1,361).
Seef’s Bahrain mixed-use development set for Q1 opening Seef Properties, an integrated real estate development company in Bahrain, says work is in full swing at its mixed-use project, Al Liwan, which is scheduled for opening in the first quarter of 2021.
