Leading UAE luxury project developer Damac Properties has launched ‘Chic Tower’, a 41-storey building located at the heart of Dubai’s Business Bay, even as it gears up to award the main contract for its Cavalli Tower, a 70-storey ultra-luxurious building in Dubai Marina overlooking Palm Jumeirah.
Dubai-based master developer Nakheel has announced the launch of a new selection of residences at Palm Beach Towers 3, featuring over 300 units. The luxurious tower on Palm Jumeirah features residences offering stunning 360-degree views, with a variety of dining, leisure and recreational facilities nearby, stated the developer.
Dubai-based developer Deyaar has announced that work is well advanced on two districts in Midtown, the grand development located in Dubai Production City, with Mesk District and Noor District being more than 91 per cent and 78 per cent completed respectively.
Etihad Rail, the developer and operator of the UAE National Rail Network, has announced that it has completed the tracklaying works of the main line in the northern emirates of Sharjah and Ras Al Khaimah, as part of the last package of Stage Two of the project.
UAE-based Azizi Developments has handed over the keys to seven buildings comprising 1,164 units, in the first phase of its flagship waterfront community project Riviera in MBR City, Dubai. Riviera is part of Azizi Developments’ award-winning portfolio, designed to introduce the French-Mediterranean lifestyle to Dubai.
Dar Al Arkan Global, the leading real estate company in Saudi Arabia, has unveiled the first branded apartment designed by Italian hypercar manufacturer Pagani Automobili at the hitech DaVinci tower located in Downtown Dubai.
Sobha realty, one of the UAE’s leading premium real estate developers, has completed and delivered its One Park Avenue project in Dubai two months ahead of schedule.
Mukesh Ambani, India’s second richest man and Chairman and Managing Director of Reliance Industries Limited (RIL), has bought Dubai’s most expensive villa for a record-breaking $163 million, reported Bloomberg citing people familiar with the matter.
