Emaar Properties and P&O Marinas, a division of Dubai ports operator DP World, have unveiled plans for AED25bn ($6.8bn) redevelopment of the area around the Mina Rashid area in Dubai.
Real estate developer Arada has announced the launch of Nest, an integrated student accommodation complex in the UAE, at the lifestyle megaproject Aljada.
Dubai Industrial Park (DIP) has signed an agreement with Lootah Real Estate Development to establish a 3m ft² pre-built industrial manufacturing development called Senaeyat.
UAE Vice President, Prime Minister and Ruler of Dubai Sheikh Mohammed bin Rashid Al Maktoum has inaugurated works on Burj Jumeira, the new tower to be built in the Al Sufouh neighbourhood of Dubai.
The Red Sea Development Company (TRSDC) board has given approval to a masterplan for the development of tourism projects in Saudi Arabia.
Parsons has secured a contract from United Development (UDC), the master developer of The Pearl-Qatar and Gewan Islands, to provide planning and infrastructure consultancy services for the development of Floresta Gardens at The Pearl-Qatar.
Aldar Properties, a real estate development, management and investment company based in Abu Dhabi, UAE, has announced the launch of an AED2bn ($545m) mixed-use development, Alreeman, in Al Shamkha, Abu Dhabi.
Arabtec Construction, a wholly-owned subsidiary of Arabtec Holding, has won an AED269m ($73m) contract from DAMAC Properties for luxury villas in Dubai’s Akoya community.
Dubai-based property developer Nakheel and Spain’s RIU Hotels & Resorts are constructing an AED670m ($182m), 800-room beachfront resort and water park at Deira Islands.
BIC Contracting (BICC), through its subsidiary, has won a contract to refurbish and redevelop the Armed Forces Officers Club and Hotel in Abu Dhabi.
UAE-based property developer Aldar Properties has awarded an AED335m ($91m) contract to Al Rakha Contracting and General Transport for the infrastructure buildings and early works package for the first neighbourhood in Phase Two of its AED10bn ($2.72bn) project Alghadeer, located near the border of Abu Dhabi and Dubai.
Dubai-based property developer Nakheel has broken ground on Dragon Towers, its AED713m ($194m) twin-building residential project at the Dragon City mixed-use community.
Saudi Aramco and Total have signed a joint development agreement in Dhahran for front-end engineering and design (FEED) of a $5bn petrochemical complex in Jubail, on Saudi Arabia’s eastern coast.
BIC Contracting (BICC) has secured the first infrastructure package, worth AED103m ($28m), from real estate developer ARADA for Phase 1 of Sharjah megaproject, Aljada, as part of the AED1bn ($272m) infrastructure package for the 24 million ft² project designed by engineering contractor Jacobs.
UAE-based developer Nakheel has signed a construction contract for Dragon Towers, a new, twin-building residential complex with a total development value of AED713m ($194m), to be built at Dubai’s Dragon City mixed-use community in Dubai.
Aldar Properties has launched The Cedars, a new luxury residential community within its golf and waterfront development, Yas Acres, on Yas Island in Abu Dhabi, as part of a strategy to create distinct communities within the overall masterplan.
UAE-based Azizi Developments is set to complete the AED265m($72m) Shaista Azizi, one of the five projects in Al Furjan due for completion, by the end of 2018.
Dubai Holding and Emaar Properties have unveiled Dubai Square, a tech-driven retail destination in Dubai Creek Harbour.
Emaar Properties will construct the Middle East’s largest Chinatown in the retail district of Dubai Creek Harbour to honour Chinese expatriates and strengthen UAE-China relations, coinciding with the visit of Chinese President Xi Jinping to the UAE.Dubai Creek Harbour, a 6km² mega-development, is located only 10 minutes from the Dubai International Airport and the Burj Khalifa.The retail precinct will be established in a central location in Dubai Creek Harbour, which will be home to the Dubai Creek Tower.Set by the Dubai Creek waterway, homes in Dubai Creek Harbour will offer spectacular views of the city’s skyline, the waterfront and the Ras Al Khor Wildlife Sanctuary.Emaar will also open three pavilions in Beijing, Shanghai and Guangzhou in China to promote tourism, education, trading and investment between the UAE and China. All three cities are served by direct daily flights to Dubai on Emirates Airline.In another announcement, Emaar said that it will expand its premium luxury hotel and serviced residences brand, Address Hotels + Resorts, to China.The company said it is holding discussions to develop and operate Address branded hotels in key cities in China.Emaar Properties chairman Mohamed Alabbar said: “The visit of Chinese President Xi Jinping to the UAE is historic and will further strengthen UAE-China relations, underpinned by initiatives such as the UAE-China Week announced by His Highness Sheikh Mohammed bin Rashid Al Maktoum, UAE Vice President and Prime Minister and Ruler of Dubai.“The development of the new Chinese retail and lifestyle district at Dubai Creek Harbour – as well as Emaar’s expansion into China, both in property and hospitality – highlight our commitment to the country, and our focus on contributing to the strength and success of UAE-China relations.”Emaar marked the Chinese New Year with a dragon-themed light and sound show on Burj Khalifa in Downtown Dubai, and hosted festivities at The Dubai Mall.___________________________________________________________________________________________Image: Chinatown at Dubai Creek Harbour. Photo: courtesy of Emaar Properties PJSC.
The Roads and Transport Authority (RTA) has opened the first phase of AED400m ($109m) roads scheme at International City in Dubai, UAE.