Damac launches Marina Bay
Damac Properties has unveiled a green luxury development – Marina Bay at the Najmat Abu Dhabi.

The 24-storey tower will overlook the marina and occupy a prime seafront on Al Reem Island.
The mixed-use tower will offer retail on ground and mezzanine levels, offices on podium level and penthouses and duplexes on the higher floors.
Work set to start on Oasis Tower Two
The construction contract for Buniah’s Dh300 million ($81.69 million) Oasis Tower Two project set to come up at the Dubai Sports City, will be awarded next month and work is expected to begin two months later in June, according to the developer.
The project, which is a joint venture between Buniah Group and Oasis Ventures Group, is expected to be complete by December 2009 and will comprise 240 fully-furnished apartments.
The 28-storey Oasis Tower Two project will comprise four different types of furnished apartments ranging from one and two bedroom to executive suite and studios, says the developer.
The two-bedroom apartments will have a built-up area of 1,650 sq ft, while the one-bedroom apartments will be 1010 sq ft, Executive Suite of 703 sq ft and Studio Apartment of 552 sq ft. The tower will feature a five-floor parking, alongside ground plus 22 floors.
Jotun offers single source solution
Jotun, a leading producer and supplier of paints, coatings and powder coatings, highlighted its ‘Single Source Solution’ concept during the recently-concluded Arabian World Construction Summit (AWCS) 2008.
The summit, organised by the Middle East Economic Digest (Meed), addressed key issues within the Dh5.88 trillion ($1.6 trillion) Arab construction industry, including infrastructure planning, government support and investment risks.
In addition to its ‘Single Source Solution’, Jotun also showcased its ability to meet the global requirements of the construction industry at all levels through its new technologies, customised solutions, and extensive technical expertise and support.
UP launches Control Tower
Union Properties (UP) has launched Control Tower, a state-of-the-art office complex offered on 100 per cent freehold ownership basis at the Business Park MotorCity.
Control Tower will have 38 floors, 13 retail spaces and 146 flexible office spaces starting from 3,000 sq ft up to 14,000 sq ft. The floor plans are designed to ensure optimal space management for greater working efficiency.
Control Tower’s green building design encompasses efficient energy and water consumption, improved indoor air quality and reduced environmental impact.
Capital Centre to have 90m tower
Abu Dhabi’s Capital Centre development will have a new landmark office tower when Finance House, together with its associated companies, constructs its headquarters later in the year.
The 90 m tower will offer 285,000 sq ft of gross floor area of office space on a plot size of approximately 34,500 sq ft, in addition to four basement floors for car parking.
The design concept will be striking and modern, yet appropriate for the location, and incorporate environmentally responsible features.
Completion is expected in 2010.
Bab Al Bahr units on schedule
Rakeen has said that construction of its international standard apartment units within Bab Al Bahr in Ras Al Khaimah, the idyllic resort development on Al Marjan Island, is on schedule.
Piling is already under way on the Dh1.2 billion ($320 million) development, while the apartment buildings are on course to be completed in the fourth quarter of 2009, said a Rakeen spokesman.
Sobha Daffodil breaks ground
Sobha Group has broken ground on its first residential development in Dubai.
Sobha Daffodil is a 178-apartment development located in Jumeirah Village. The four and 10-storey complex will offer a rooftop garden, large temperature-controlled swimming pool and fully-equipped club house.
Apartment units will range from well-appointed studios to spacious three-bedroom units and are expected to be completed by the end of next year.