Tag: Abu dhabi

Construction & Real Estate

Abu Dhabi forum to spotlight sustainable infrastructure and smart cities

Leading decision-makers, business leaders and construction industry experts will be in Abu Dhabi this week for the Forbes' Building the Future Summit 2026 where they will discuss the future of urban development and sustainable infrastructure across the Middle East and North Africa. ...

Construction & Real Estate

Malaysian group WCT lands key Yas Island project contract

Malaysian group WCT Holdings (WCT) has announced that its key subsidiary has secured a sub-contract worth RM529 million ($130.2 million) in a joint venture with UAE-based Construction General Contracting House for the construction of the Yas Living development in Abu Dhabi, said a report. ...

Construction & Real Estate

Abu Dhabi unveils $201m residential community development

Abu Dhabi has announced the opening of the Al Samha Housing Project, a AED738 million ($201 million) development spanning 50 hectares featuring a total of 242 villas in addition to 33 parks and green spaces and two commercial complexes housing 38 retail outlets as well as a 3km cycling track. ...

Construction & Real Estate

Abu Dhabi residential market posts record Q1 with $10.4bn in sales

Abu Dhabi’s residential real estate sector delivered its strongest first quarter on record this year, with AED38.1 billion ($10.4 billion) worth of sales across 8,100 transactions, said a top property consultancy, adding that Yas Island was in pole position for biggest jump in sales and rental prices. ...

Construction & Real Estate

Miral to launch two new DC attractions at Warner Bros. World Yas Island

Miral, the leading creator of immersive destinations and experiences in Abu Dhabi, in partnership with Warner Bros. Discovery Global Experiences, has announced the addition of two new DC-themed rides - Kryptonite Collider’ and ‘Superman Up and Away - at the award-winning Warner Bros. World Yas Island. ...

Construction & Real Estate

KEZAD Group to develop SME Hub in Abu Dhabi

Khalifa Economic Zones Abu Dhabi - KEZAD Group, one of the largest operators of integrated and purpose-built economic zones in the region, has announced the development of the KEZAD SME Hub, a purpose-built business platform for small and medium enterprises (SMEs). ...

Construction & Real Estate

Abu Dhabi's rents freeze to enhance confidence of residents, businesses

The temporary freeze on rents in Abu Dhabi has been implemented to create a predictable, people-centred residential environment where households and businesses can plan with confidence and security, said Abu Dhabi Real Estate Centre (ADREC) in a statement. ...

Construction & Real Estate

Abu Dhabi freezes rents for residential, commercial properties

Abu Dhabi has imposed a temporary freeze on rents across the emirate, barring landlords from increasing lease rates for residential, commercial and industrial properties until further notice, in a move expected to provide relief to tenants amid heightened regional uncertainty....

Construction & Real Estate

GAF Property shapes a new residential experience with key Reem island project

UAE developer GAF Property has announced that it is shaping a new residential experience in Abu Dhabi through its latest residential development, Flow 25, located on Reem Island. The project draws its design inspiration from the Ghaf tree, one of the UAE’s most iconic natural symbols....

Construction & Real Estate

UAE sees double-digit office rent growth, retail vacancy tightens: JLL

Strong market fundamentals cushioned the impact of broader regional uncertainties, driving resilience and sustained growth across prime office and retail segments in both Dubai and Abu Dhabi in the first quarter of 2026, according to JLL’s latest Real Estate Market Dynamics report. ...

Construction & Real Estate

Aldar's Al Ghadeer Gardens sold out, generates $272m

Aldar, a leading developer, has announced the sell-out of Al Ghadeer Gardens, a community of 437 townhouses and villas within the growth corridor between Abu Dhabi and Dubai, generating more than AED1 billion ($272.3 million) in sales. ...

Construction & Real Estate

BILDCO, Wujod Real Estate to develop sustainable city in Abu Dhabi

Abu Dhabi National Company for Building Materials (BILDCO) has announced a strategic partnership with Wujod Real Estate Development to develop an integrated sustainable city in Abu Dhabi with an initial investment of AED2 billion ($544.4 million) in the first phase....

Construction & Real Estate

UAE real estate moves to measured, mature phase: Colliers

The UAE real estate market is navigating a transition period as it moves beyond the exceptional momentum of 2025 toward a more measured, mature phase, supported by strong fundamentals and ongoing infrastructure investment, said a Colliers report....

Construction & Real Estate

Forbes Middle East to host Building the Future Summit in Abu Dhabi

Forbes Middle East will host the second edition of its Building the Future Summit on June 23 and 24 at Conrad Abu Dhabi Etihad Towers, bringing together top government officials, real estate developers, investors, architects and technology innovators to discuss the future of urban development across the Middle East and North Africa (MENA)....

Construction & Real Estate

Investcorp unit buys over $200m US industrial real estate portfolio

Investcorp, a global alternative investment firm based in Bahrain, has announced that one of its key units, Investcorp Capital, has acquired a diversified US industrial real estate portfolio worth $200 million. It comprises 19 industrial properties spanning over 1.4 million sq ft across DFW, Chicago, Indianapolis and Cincinnati. ...

Construction & Real Estate

Trojan, Orascom Construction set up new water infrastructure JV

UAE-based Trojan Construction Holding has joined hands with Orascom Construction for the establishment of a new company - Everwater for Treatment Systems - headquartered in Abu Dhabi dedicated to delivering EPC and O&M services for large-scale water infrastructure projects across the region....

Construction & Real Estate

Abu Dhabi solar capacity to top 30GW by 2035, says EWEC

EWEC (Emirates Water and Electricity Company) has revealed that it is increasing Abu Dhabi's solar capacity by almost 2,000 per cent between 2020 and 2030, with a forecasted 17.5 gigawatts (GW) of installed capacity. ...

Construction & Real Estate

Trojan Construction unit in deal to develop precast facilities in Al Ain

UAE-based Trojan Construction Holding has announced that its key subsidiary - Hi-Tech Concrete Products - has signed an agreement with Abu Dhabi International Pre-Cast Plant (ADIP) to operate a range of precast production units in Al Ain region, including multiple production plants spanning over 179,878 sqm. ...