Dubai South has signed a memorandum of understanding (MoU) with Deyaar Development to develop a mixed-use project in Dubai South’s Residential District.
The vice president and prime minister of the United Arab Emirates (UAE), Sheikh Mohammed bin Rashid Al Maktoum, who is also Emir of Dubai, has unveiled plans for a new luxury waterfront project in Dubai.
Qatar’s United Development Company (UDC) has secured QR716M ($197M) worth of contracts to build three new projects at The Pearl-Qatar development.
Dubai Electricity and Water Authority (DEWA) has commenced construction work on its new headquarters (HQ) in the Cultural Village in Al Jadaf, Dubai.
Lulu Group International has announced a AED2bn ($544.5M) plan to develop three malls in Umm Al Quwain, Sharjah and Dubai.
Laing O’Rourke has been chosen as the preferred bidder to construct two hotels and a new shopping mall in Dubai.
Cityland Group has unveiled plans for an AED1.1bn ($299.4M) nature-inspired mall in Dubai.
Habtoor Leighton Group (HLG) has secured an AED500M ($136.1M) contract for the Gate Avenue project at Dubai International Financial Centre (DIFC) in Dubai.
Developer Miral has announced a new $100M leisure project in Yas Island, Abu Dhabi.
UAE-based Azizi Developments is set to build an AED430M ($117M) mixed-use development in the district of Al Furjan, Dubai.
The Kuwait Projects Company and its partners have unveiled details of the Hessah Al Mubarak real estate development in Kuwait.
Interserve’s construction joint venture Khansaheb has secured an £81M contract from Majid Al Futtaim (MAF) to expand and upgrade the City Centre Ajman mall in the UAE.
Tilal Properties is set to build a major commercial and retail destination in Sharjah, UAE.
Dubai Holding has unveiled its Jumeirah Central community masterplan in Dubai.Jumeirah Central will be located on Sheikh Zayed Road and will comprise 4M sq m of gross floor area. The project will involve the construction of 11,000 residential units, 93,000sq m of retail space and 743,000sq m of office space. It will also include 7,200 hotel rooms, 40 new entertainment attractions, 37 plazas and 33 parks, as well as 25 points of access and eight modes of transit such as metro, tram, buses and aerial transportation system. Morgan Parker, Jumeirah Central chief operating officer, said: “Dubai Holding’s experience, together with extensive stakeholder consultation and research looking at the most innovative new cities across the world, will ensure we create high-value real estate to stimulate inbound, international institutional investment in the region, adding to the growth of Dubai’s non-oil economy.”The first phase of the development will break ground in 2017, while site clearance and preparation works are already underway.
Dubai-based developer Nakheel has unveiled plans for a new AED16bn ($4.4bn) retail project at Nad Al Sheba in Dubai, UAE.The scope of the project will include the construction of a 112,000sq m shopping, dining and entertainment hub at Nad Al Sheba master community, where 1,500 villas are currently under construction.Nad Al Sheba Mall will feature 47,000sq m of retail space and about 200 shops, restaurants and entertainment outlets including a supermarket, department stores, a multi-screen cinema, and a medical and fitness centre. Nakheel has chosen AE7 to oversee the design, engineering and construction supervision of the project. A construction contract is anticipated to be awarded in the fourth quarter of 2016.Nakheel chairman Ali Rashid Lootah said: “Nad Al Sheba Mall is the latest addition to our rapidly-expanding retail project portfolio, which will see the delivery of 1.2Msq m of leasable space in the next three to five years, adding to the 372,000sq m already in operation. “The mall will be the vibrant centrepiece of our Nad Al Sheba community, providing on-the-doorstep facilities for residents and a new shopping, dining and leisure hub for people elsewhere in Dubai.”
The Mall of the World shopping complex in Dubai has been relocated to a site on Sheikh Mohammad Bin Zayed Road, according to developer Dubai Holding’s statement. In the new location, the company said, “the project’s positive tourism contribution can be fully realized”.Ahmad Bin Byat, vice chairman and managing director of Dubai Holding, said: “Tourism remains a major part of Dubai’s diversification strategy and Mall of the World will be a critical part of that vision. “Dubai Holding is committed to developing Mall of the World, a major retail and leisure destination in the region, and believes that the new location on Sheikh Mohammad bin Zayed Road, will be an outstanding home for the project, as it will allow Dubai Holding to further expand as needed in the future according to market needs.”The shopping and leisure complex will now undergo extensive planning to become a major retail and leisure destination, according to the statement.The project’s — first announced in 2012 and initially planned to be located on a site in Mohammed bin Rashid City — first phase is expected to be complete before Dubai hosts the Expo 2020 exhibition.Mall of the World includes 745,000sq m of shopping space connected to a theme park, 100 hotels, and apartment buildings with 20,000 rooms.
Abu Dhabi-based developer Aldar Properties has awarded Fibrex the main contractor package to deliver its Shams Meera residential development in Shams Abu Dhabi on Reem Island.The AED258M ($70M) project will be located a short walking distance from the planned Shams Park, the Shams Marina and the East Shams public beach amenities. The scope of the contract will include the construction of two 25-storey towers. The towers, featuring 400 apartments, will share an underground basement car park, swimming pools, a children's play area and a garden. The development will also include canal walks, parks, a public beach, community mosques, schools and hospitals, healthcare facilities, and retail outlets.Aldar Properties’ CEO HE Mohamed Khalifa Al Mubarak said: "From day one the response to Shams Meera has been really encouraging, showing us that there is significant demand for high quality mid-market homes in Abu Dhabi's prime destinations."Shams Meera, located adjacent to Abu Dhabi's thriving CBD will offer an enriched community living experience, and we look forward to the development's completion and the positive impact it will have on Shams Abu Dhabi and surrounding area."
Developer Nakheel has released construction tenders for two new hotels in Dubai.The two, 3-star hotels will add a total of 670 rooms to the company’s hospitality portfolio.A 295-room hotel will be built in a 17,000sq m site at Dragon City — a shopping, residential and leisure destination — and will feature a restaurant, coffee shop and gym.The 15-storey, 375-room hotel, to be built at Ibn Battuta Mall, will include an all-day restaurant, gym and pool deck.The buildings are set to complement existing hotels at the two retail hubs, where major expansions will continue. The Dragon City expansion includes 204,000sq m of retail space, two residential towers containing 1,120 apartments and a car park facility with 6,200 spaces. Once completed, it will increase the size of the city to more than 1M sq m.The 400,000sq m expansion of Ibn Battuta features a 93,000sq m mall, a new cinema complex and a 7,000–space car park.
UAE-based developer Nakheel has awarded an AED1.5bn ($408.3M) contract to Dhabi Contracting for the construction of its Al Khail Avenue retail, dining and entertainment hub in Dubai.The 186,000sq m Al Khail Avenue has more than 112,000sq m of leasable space, 70% of which is already booked. It will feature cafes and restaurants, and a 4,000-space multi-storey car park, which can be accessed directly from Al Khail Road.The developer it is also adding a 252-room hotel to the complex. The 18-storey hotel will feature an all-day restaurant, coffee shop, lounge, outdoor terrace, pool deck gymnasium and car park. It will be directly connected to Al Khail Avenue and its 350 shops, restaurants and entertainment outlets. Earthworks at the site — alongside Dubai’s Al Khail Road on the edge of the Jumeirah Village Triangle (JVT) community — finished in June 2016 and construction work is scheduled to commence in October 2016. The development is expected to be complete in the first quarter of 2019.
Emaar Properties has unveiled new residential towers in the Opera District in Downtown Dubai.The “Act One | Act Two” residences are housed in 52- and 46-storey towers with views of the Burj Khalifa and Mohammed bin Rashid Boulevard, and located close to the Dubai Mall. The towers will feature 718 residential units as well as retail units and cafes, a health club, a spa and swimming pools.Emaar Properties’ managing director Ahmad Al Matrooshi said: “Act One | Act Two are truly a defining destination of choice for all culturally inclined as they now have the unique value proposition of living right next door to Dubai Opera.“A premium development that celebrates the vibrant cultural lifestyle of the city, the residences bring a one-of-a-kind lifestyle choice to the city.“The international launch of the project underlines the strong demand from discerning investors who cherish the inspired way of life that Act One | Act Two brings.”The residential towers will be launched internationally on a sales event in London on Wednesday, 10 August, at Harrods, followed by the Dubai launch on Thursday, 11 August, at Emaar Sales Centres.