UAE-based Al Barakah International Investment says more than 90 per cent of the overall work has been completed on Al Qana, its new social dining and entertainment destination spread over a 2.4-km area in Abu Dhabi, and is due to open this year.
Azizi Developments says it is gearing up towards the completion of its ongoing projects, with 46 projects scheduled to be completed this year. Moreover, plans are afoot to launch another 40-plus new buildings worth around Dh7 billion ($1.9 billion), mostly in its existing communities, says the leading Emirati developer.
Reportage Properties says work is currently under way on 10 key projects which will add about 4,000 new housing units to the UAE real estate market. Of these, six are in Abu Dhabi and rest in Dubai.
Dubai Investments, a leading diversified investment company, has announced that the commercial spaces and residential buildings under construction within its Al Multaqa Avenue at Mirdif Hills will be ready for handover this month (February).
Samana Developers has announced that its total revenue increased 65 per cent since Q2 2020. Buoyed by its growth, the company is now planning to launch three new residential projects in the investor hotspots of Dubai, UAE.
UAE-based Green Yard Properties Development has announced the launch of its new sustainable and eco-friendly residential project, Joya Blanca, located within the Arjan Al Barsha community in Dubai, UAE.
Leading UAE developer Damac Properties has recorded an important milestone at its Zada Tower project at Business Bay in Dubai with foundation works completed within three months of awarding the major works contract.
UAE-based wasl properties, a subsidiary of wasl Asset Management Group, has announced the commencement of handover of its Park Gate Residences, the first phase of the wasl1 development, with customers receiving the keys to their ready-to-move-in units.
Aldar in deal to sell Abu Dhabi Golf Club complex Leading UAE developer Aldar Properties has agreed to sell the Abu Dhabi Golf Club complex, including the Westin Hotel and the Abu Dhabi Golf Course, to a financial investor for Dh180 million ($49 million).
