UAE-based real estate developer Kleindienst Group has announced a new AED2.5bn ($680m) underwater luxury vessel resort at Cityscape Global in Dubai.
Emaar Properties has introduced a Dubai Hills Mall, a regional retail and leisure destination located in the Dubai Hills Estate.
Dubai Holding, an investment holding company, has launched an AED5.5bn ($1.5bn) Dubai Food Park development project.
Dubai Electricity and Water Authority (DEWA) has awarded a contract to supply, extend and commission water pipelines in Dubai.
The third phase for the Mohammed bin Rashid Al Maktoum Solar Park in Dubai has reached financial close.
Arabtec Holding has bagged an AED1.46bn ($397.4m) contract for construction of a mixed-use tower known as Wasl Tower on Dubai’s Sheikh Zayed Road.
SEIDCO General Contracting has been selected as the main contractor by Dubai Properties for its Bellevue Towers residential project in Dubai [pictured].
The Roads and Transport Authority (RTA) of Dubai has awarded a contract worth AED375M ($102M) for the construction of the tunnels and roads leading to the Jewel of the Creek project.
Two contracts for a project which will link Jumeirah district with Al Khail Road and the Parallel Roads in Dubai at a cost of AED800M ($218M) have been awarded.
UAE-based Damac Properties has unveiled plans to develop Golfotel, the only premium five-tower hotel property surrounded by a golf course in Dubai.Golfotel will house more than 2,000 modern rooms with golf views of the Trump World Golf Club Dubai, which is set within the 55M sq ft community AKOYA Oxygen.Amenities at the hotel will include a lounge and international restaurants, a gymnasium, and an outdoor swimming pool, as well as shuttle services to the tourist attractions all over Dubai and complimentary airport transfer.Damac Properties senior vice president, Niall McLoughlin, said: “Investors will be pleased with the opportunity to own a hotel room on an international golf course that reaps higher returns than any other investment classes. “Owning a hospitality unit provides an attractive return on investment due to the burgeoning tourism industry and potential revenues that can be generated. “What we are offering is even more lucrative owing to the unique setting in a golf community — such properties usually command a premium because of their location.”
UAE prime minister and vice president and ruler of Dubai HH Sheikh Mohammed bin Rashid Al Maktoum has approved two contracts for the construction of the 7th Interchange on Sheikh Zayed Road, and the Al Yalayis and Al Asayel roads in Dubai.
Emaar Properties revealed plans to build a residential project in Dubai, UAE.
Salini Impregilo has signed a $435M contract with Meydan Group LLC to build the Meydan One Mall in Dubai [pictured], UAE.
UAE-based conglomerate Al-Futtaim has broken ground on a 78,500 sq m mall project in Jebel Ali, Dubai.
Dubai-based firm Al Futtaim Carillion has been chosen as the main contractor for the development of the three Theme Districts at the Expo 2020 Dubai site.
Dubai Holding has signed a memorandum of understanding (MoU) with Dubai Municipality to develop Dubai’s largest public park.
Vice-president and prime minister of the UAE, and ruler of Dubai HH Sheikh Mohammed bin Rashid Al Maktoum has approved a project to improve a 12km stretch of the Tripoli Road in Dubai.
Dubai Contracting Company has been selected by Dubai Properties as the main contractor for the 1/JBR project located at Jumeirah Beach Residence [pictured].
A joint venture of Arabian Construction Company (ACC) and UK-based construction firm Kier has secured a $187M order to construct a residential project in Dubai.
HLG Contracting has secured a AED401M ($109M) order from Hasabi Real Estate for the construction of the Al Garhoud Towers in Dubai, UAE.