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.
The Abu Dhabi National Oil Company (ADNOC) has announced plans for the expansion of Ruwais City, a 6.9km² community near the Ruwais Industrial Complex in Abu Dhabi’s Al Dhafra region.
UAE-based DAMAC Properties has signed an agreement with Radisson Hotel Group (RHG) to launch Radisson Hotel, Dubai DAMAC Hills, on the Trump International Golf Club Dubai at DAMAC Hills.
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.
Nakheel and Centara Hotels & Resorts have awarded a contract worth AED290.5m ($79.09m) to Parkway International Contracting to construct a beachfront resort at Deira Islands in Dubai.
UAE-based Damac Properties has completed the construction of Damac Heights tower in Dubai Marina and announced the handing over of the luxury waterfront living to its new tenants.
China Machinery and Engineering (CMEC) has secured a $150m turnkey engineering, procurement and contracting (EPC) contract from Bahrain-based GFH Financial Group (GFH) for the construction and financing of up to 85% of California Village, its Dubailand-based project.
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.
Australian company Multiplex has won a contract from developer Northacre for a £400m mixed-use development on the former New Scotland Yard site adjacent to St James’s Park tube station at Broadway in London.
UAE-based property developer Seven Tides has unveiled plans for its first mixed-use development in Jumeirah Lakes Towers (JLT), Dubai, with the launch of Se7en City JLT.
UAE-based Azizi Developments has awarded two contracts worth AED440m ($119.7m) for two buildings – Fawad Azizi and Jawad Azizi – in Dubai Healthcare City.
Aldar Properties has launched an AED10bn ($2.73bn) masterplan for the Alghadeer mixed-use project near Dubai-Abu Dhabi border in the UAE.
UAE-based real estate developer Union Properties has launched Zawaya, a mixed-use development in Motor City.
Emaar Properties hospitality and leisure subsidiary Emaar Hospitality has unveiled Vida Za’abeel, a new hotel project in Dubai, UAE.
Prestige Constructions has been awarded a contract worth AED952m ($259.2m) by Azizi Developments for the construction of Phase 3 of Azizi Riviera in the UAE.
ARADA, a Sharjah-based property developer, has selected the UK-based Zaha Hadid Architects to design the Central Hub, the centrepiece of its AED24bn ($6.53bn) Aljada mixed-use project in Sharjah, UAE.
China State Construction Engineering Corporation (CSCEC) has secured an AED600m ($163.35m) contract from DAMAC Properties for the construction of one of the towers at AYKON City, DAMAC’s premiere luxury master development, on Sheikh Zayed Road overlooking Dubai Canal in the UAE.
Italian construction services firm Salini Impregilo has secured an order worth about $1.3bn to construct villas and associated infrastructure for the Saudi Arabia National Guard.Under the contract, Salini Impregilo will be responsible for housing and urban planning on a large scale with the construction of 6,000 villas in an area of seven million m2 to the east of Riyadh
Intermass Engineering & Contracting and Klampfer Middle East have been awarded main contracts for the construction of 184 villas and townhouses of Phase 2 of ARADA’s first project, Nasma Residences, in Sharjah, UAE.