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Tag: Abu dhabi

Construction & Real Estate

Ohana registers record $1.63bn sales for Manchester City Yas Residences in 72 hours

Ohana Development, a leading UAE real estate developer of luxury projects, has recorded AED6 billion ($1.63 billion) in sales in 72 hours for Manchester City Yas Residences by Ohana, a gated waterfront community located along Yas Canal in Abu Dhabi, setting a new sales record in the emirate’s real estate market....

Construction & Real Estate

Modon unveils prime residential freehold project on Reem Island

Modon, an Abu Dhabi-based real estate developer, has announced the launch of Tara Park, a centrally-located residential freehold development on Reem Island featuring a range of residential towers that offer one- to three-bedroom apartments along with premium amenities. ...

Construction & Real Estate

Abu Dhabi residential property sales hits record $20bn in 2025

Abu Dhabi’s residential real estate sector secured record-breaking AED73.2 billion ($20 billon) in sales in 2025 as transactions rose 55% to reach 22,400, said an industry expert. Off-plan sales dominated the market, accounting for 71% of sales activity, backed by strategic project launches. ...

Construction & Real Estate

Burtville sees prime Abu Dhabi projects on track

Burtville Developments has announced that construction across its projects in Abu Dhabi is progressing at a steady pace and in full alignment with the established development timelines. These include five in Masdar City and two each in Yas Island and Al Raha Beach respectively. ...

Construction & Real Estate

Residential unit sales of $20.69bn drive Abu Dhabi real estate market

Residential unit sales emerged as the primary growth driver for Abu Dhabi's real estate market in 2025, expanding from approximately AED19 billion in 2022 to AED76 billion ($20.69 billion) in 2025, representing a fourfold increase driven by off-plan sales growth and master-planned community development....

Construction & Real Estate

Metal Park joins German group Frindt to launch digital laser cutting services

Metal Park, an integrated downstream metals ecosystem based in Kezad, Abu Dhabi, has signed a strategic agreement with Germany-based digital industrial technology specialist Frindt Consulting to launch its advanced digital laser cutting services in the UAE and transform sheet metal work across the region. ...

Construction & Real Estate

ALAS Emirates Ready Mix to set up new production facility in Dubai

ALAS Emirates Ready Mix, a leading ready-mix concrete supplier in the UAE and the largest in Abu Dhabi, has entered an agreement with Dubai Industrial City, part of TECOM Group, to develop a new facility in the region’s premier manufacturing and logistics hub....

Construction & Real Estate

UAE food company Barakat starts work on new Abu Dhabi manufacturing plant

Barakat Group, a leading UAE fresh food and juice producer, has announced that work has begun on its new manufacturing facility in Khalifa Economic Zones Abu Dhabi (Kezad) that will produce industrial-scale halal baby food. It is projected to create 200 direct jobs, spanning manufacturing, food safety and logistics sectors. ...

Construction & Real Estate

Abu Dhabi, Baku ink twin city partnership deal

Abu Dhabi has signed a Twin City agreement with Baku to deepen co-operation across urban planning, mobility, public transport and green infrastructure initiatives. This builds on the Comprehensive Economic Partnership (CEPA) and the strategic partnership between UAE and Azerbaijan. ...

Construction & Real Estate

AD Ports, Nimex break ground on new LPG storage terminal at Kezad

AD Ports Group has joined hands with Abu Dhabi-based Nimex Terminals for the groundbreaking of UAE's first private-sector liquified petroleum gas (LPG) terminal hub at Khalifa Port. The Phase I of the project is likely to be commissioned within the next three years. ...

Construction & Real Estate

Abu Dhabi’s real estate market delivers record $38.67bn deals

Abu Dhabi’s real estate market recorded total transactions worth a record AED142 billion ($38.67 billion) from 42,814 deals in 2025, representing a 44% increase in value and a 52% rise in transaction volume compared to 2024....

Construction & Real Estate

Aldar unveils 740-unit Wilds Residences in Dubai

Leading Abu Dhabi developer Aldar has announced the launch of The Wilds Residences, a prime project featuring six mid-rise apartment buildings nestled within The Wilds, the company’s landmark nature-driven community in Dubai. It boasts 740 apartments with a mix of one- to three-bedroom units. ...

Construction & Real Estate

Modon Holding posts strong growth; net profit tops $1bn

Modon Holding, international holding company headquartered in Abu Dhabi, delivered exceptional financial performance for the full year 2025 reporting revenue of AED13.8 billion ($3.76 billion) and net profit of AED3.9 billion ($1.06 billion), reflecting a robust operating model and an accelerated execution of its strategy. ...

Construction & Real Estate

GAF Property unveils new design-led residential project on Al Reem Island

Abu Dhabi-based GAF Property has announced the launch of Flow25, its first signature off-plan residential project on Al Reem Island. Designed as a people-centred development, it features a limited collection of one- to three-bed apartments along with four-bedroom penthouses and sky villas. ...

Construction & Real Estate

Abu Dhabi property market records $3.2bn in January sales

Abu Dhabi’s residential property market began 2026 on solid footing, netting AED12 billion ($3.2 billion) in total sales across 2,600 transactions in January, said a report. Off-plan properties accounted for 83% of total deals for the month, significantly outperforming the secondary market. ...

Construction & Real Estate

Royal Development announces sellout of Rotana Al Reem Island homes

UAE-based Royal Development has successfully sold out its AED1 billion ($272 million) Rotana Residences – Al Reem Island project in Abu Dhabi, ahead of its official launch. Set for 2028 completion, the landmark development comprises two iconic towers featuring a collection of 439 residences. ...

Construction & Real Estate

Abu Dhabi construction sector grows 13.9% in Q3 2025

Abu Dhabi's construction sector recorded one of the strongest performances in Q3 2025, growing by 13.9 per cent year-on-year and contributing 9.4 per cent to Abu Dhabi’s GDP, with a value added of AED30.5 billion ($8.3 billion). ...

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