Leading UAE developer Aldar Properties has announced that it has acquired 6.2 million sq m of prime land located on the east side of Saadiyat Island valued at AED3.68 billion ($1.01 billion). The plot has been earmarked for a mixed-use project and will be home to over 15,000 people.
Abu Dhabi National Exhibitions Company (Adnec) has announced that 40 per cent of the construction work for the biggest exhibition hall in the Middle East and North Africa has been completed.
Leading infrastructure major Besix has announced that its flagship sludge-to-energy project in the northern emirate of Ajman has successfully passed performance and reliability tests. A first-of-its-kind facility in the UAE, it complies with all European safety regulations for biogas plants.
Dulsco, an integrated solutions provider, recently commissioned its Refuse Derived Fuel (RDF) plant, a first of its kind in the region, currently located within the Expo 2020 site in Dubai.
Dar Al Arkan, a leading Saudi-based real estate company, said it has achieved a major construction milestone in Dubai with the topping out of its Urban Oasis residential tower at 34 storeys.
Royal Development Company (RDC), a property management firm owned by Emirates Stallions Group, has been appointed by Q Properties to manage its AED8-billion ($2.2 billion) luxury residential project, Reem Hills, located on Abu Dhabi’s Reem Island.
Majid Al Futtaim Communities and Sharjah Holding, have launched Camelia, the final neighbourhood within its Al Zahia development comprising 80 individual freehold land plots in Sharjah’s premier gated community.
Dubai South (the rebranded Dubai World Central), one of the largest single-urban master developments focusing on aviation, logistics and real estate, has signed an agreement with Discovery Land, a renowned US-based luxury real estate developer and operator of private residential club communities, for the development of a luxurious 2-sq-km golf comm
UAE-based Al Zorah Development Company has announced that work has begun at the luxury golf and leisure clubhouse within its key development in Al Zorah Golf Club, a premier tourist and golfing destination located in the northern emirate of Ajman.
Emaar Development, the build-to-sell (BTS) assets unit of Dubai master-developer Emaar, has announced that more than 24,500 residential units are currently under construction across its various masterplans and it is set to deliver around 8,500 units later this year.
Damac Properties has awarded a construction contract worth over AED500 million ($136 million) to Shapoorji Pallonji for the main works at the Santorini Cluster of its latest luxury community development project, Damac Lagoons in Dubailand, close to Damac Hills. Work was expected to begin last month (April).
HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, in his capacity as Ruler of Dubai, has issued a decree for the formation of the supreme committee to supervise the Expo 2020 Dubai District, accordding to Wam.
