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Tag: Abu dhabi

Construction & Real Estate

Abu Dhabi real estate activity stable; nets over $3.4bn in sales

Residential unit sales in Abu Dhabi during March and April remained stable, with April exceeding 3,200 residential units sold and AED13 billion ($3.45 billion) in sales value, said a report from the Abu Dhabi Real Estate Centre (ADREC), the custodian and regulator of Abu Dhabi’s real estate sector. ...

Construction & Real Estate

Abu Dhabi opens solar-powered Al Dhannah Harbour after key upgrade

Abu Dhabi has announced the opening of its first fully integrated solar-powered community port - Al Dhannah Community Harbour - following its modernisation and expansion, adding key facilities including a public marina with 16 berths, 99 dry-parking spaces and two boat maintenance units. ...

Construction & Real Estate

Modon announces sell-out of 834-unit Reem Island development

Leading Abu Dhabi developer Modon has announced the complete sell-out of Tara Park, a residential development on Reem Island, with the project generating AED2 billion ($544 million) in sales. It comprises six residential towers with 834 apartments across one-, two-, and three-bedroom layouts. ...

Construction & Real Estate

ALAIN breaks ground on first Vida-branded homes in Abu Dhabi

Abu Dhabi-based asset management company ALAIN has officially begun work on the debut Vida-branded residences in the UAE capital. On completion, the Vida Residences Saadiyat Island will feature 121 fully furnished one-, two- and three-bedroom residences along with key amenities. ...

Construction & Real Estate

Aldar's net profit surges 20pc in Q1 to $626m

Leading Abu Dhabi developer Aldar Group has recorded strong financial and operational results for the first quarter with a 20% jump in its net profit which rose to AED2.3 billion ($626 million), driven by the realisation of development revenue backlog which hit AED72.1 billion ($19.6 billion). ...

Construction & Real Estate

Al Ain project to deliver over 10,300 villas for citizens

Abu Dhabi authorities have announced that steady progress is being made on the Al Ain Residential Project featuring five housing complexes that, on completion, will boast a total of 10,316 villas for citizens, designed to the highest standards of sustainability and quality. ...

Construction & Real Estate

Mered advances deep foundation works on Abu Dhabi waterfront project

UAE developer Mered has announced a major construction milestone at Riviera Residences, its flagship waterfront project on Al Reem Island, as the project enters deep foundation and piling works. On completion, it will feature over 400 apartments and 11 exclusive villas, including sky villas, ocean villas and a penthouse. ...

Construction & Real Estate

Modon launches final phase of Tara Park on Reem Island

Modon, a premier Abu Dhabi-based real estate developer and urban planner, has released the final phase of its Tara Park residential project on Al Reem Island. A freehold development, the project features six residential towers connected by a shared podium that will deliver a total of 834 apartments. ...

Construction & Real Estate

Aldar announces $762m residential development plan in Abu Dhabi

Leading UAE developer Aldar is set to build two integrated communities in Mohamed Bin Zayed City and Baniyas in Abu Dhabi that will deliver 9,000 new residential units across the emirate. With AED2.8 billion ($762 million) gross development value, these projects will add to Aldar’s develop-to-hold pipeline. ...

Construction & Real Estate

Abu Dhabi's Global South Utilities boosts Africa renewables portfolio

Abu Dhabi-based Global South Utilities (GSU) has achieved several major milestones in 2025, including the expansion of its renewable energy portfolio across Africa, thus contributing to powering more than 500,000 homes. In Egypt, it was part of an international consortium to develop a $220m solar plant facility. ...

Construction & Real Estate

Object 1 announces Abu Dhabi foray with new 171-unit residential tower

UAE developer Object 1 has announced the official launch of its inaugural residential project in Abu Dhabi - A1LA Residence - featuring 171 apartments, including one- to three-bedroom units as well as a limited collection of two- and three-bedroom duplexes across 17 residential floors. ...

Construction & Real Estate

Aldar launches first phase of premium Abu Dhabi mid-rise community project

Leading UAE developer Aldar has announced the launch of the first phase of Yas Park Place, a new garden-led living concept in the heart of Yas Island in Abu Dhabi, featuring six architecturally-refined mid-rise buildings offering a collection of studios and one- to three-bed residences as well as two-bedroom duplexes. ...

Construction & Real Estate

AtkinsRéalis names new client development head for Abu Dhabi

AtkinsRéalis has appointed David Kilgour as Client Development Director, Buildings & Places, Abu Dhabi, reinforcing its focus on accelerating growth in one of the region’s most strategic markets. An industry veteran, David brings nearly 30 years of experience across development, design and construction to this new role. ...

Construction & Real Estate

Dubai, Abu Dhabi see robust demand for ultra-luxury homes

The prime UAE real estate markets of Dubai and Abu Dhabi have reported strong demand for ultra-luxury residential properties, thus reflecting growing investor confidence and an increasingly selective market where capital is concentrating in key locations and credible developments, said an industry expert. ...

Construction & Real Estate

Metal Park launches new cut-and-bend rebar capacity

Abu Dhabi's Metal Park has announced the launch of 25,000–30,000 metric tons per month of new cut-and-bend rebar capacity starting in Q2 2026, equivalent to roughly 10–12% of the UAE’s total monthly consumption. ...

Construction & Real Estate

Sobha Realty enters Abu Dhabi with mega waterfront living community

Luxury property developer Sobha Realty has announced its foray into the Abu Dhabi market with the unveiling of its master-planned community - Sobha City. Spanning 38 million sq ft, it is envisioned as a 'City within a city' featuring a range of residences along with a 2-km waterfront promenade and integrated marina destination. ...

Construction & Real Estate

Mered's Abu Dhabi waterfront residential tower enters fast-track

UAE developer Mered has announced that deep foundation works was currently under way at its waterfront residential tower - Riviera Residences - in Al Reem Island, Abu Dhabi. With work in full swing, the premium project, featuring over 400 apartments and 11 exclusive villas, is on track for timely completion. ...

Construction & Real Estate

Burtville unveils new hotel-branded residential project in Abu Dhabi

UAE-based Burtville Developments has announced the launch of its tenth project in Abu Dhabi, a new hotel-branded residential development on the Al Raha Beach waterfront. It boasts three architecturally-distinct towers featuring 163 residences, including 19 waterfront townhouses and sky villa units. ...

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