Construction & Real Estate

Emaar Properties announces $2.4bn cash dividends for FY 2025

Dubai master-developer Emaar Properties has announced plans to distribute cash dividends worth AED8.8 billion ($2.4 billion), representing 100% of the share capital, for the FY 2025. The Dubai developer had recorded its highest property sales of AED80.4 billion ($21.9 billion), up 16% over the previous year. ...

Construction & Real Estate

Abanos snaps up Palace Residences Creek Blue fit-out contract

Abanos, a specialist in large-scale fit-out projects across the Mena region, has secured the contract to deliver the fit-out and joinery works for Palace Residences Creek Blue, a premium residential development by Emaar located within the vibrant waterfront destination - Dubai Creek Harbour. ...

Construction & Real Estate

Emaar opens three new mosques across its communities

Leading developer Emaar has inaugurated three new mosques across its master-planned communities in Dubai that can accommodate more than 1,300 worshippers. With these latest openings, the total number of mosques delivered across Emaar developments has now reached 20. ...

Construction & Real Estate

RMJM unveils concept design for Dubai Creek Harbour towers

RMJM, a leading global architecture company, has unveiled the concept design for Plot H15 at Dubai Creek Harbour being developed by masterdeveloper Emaar. The concept introduces two slender residential towers, rising 180m and 160m respectively, featuring a total of 758 residences. ...

Construction & Real Estate

UK developer LEO unveils debut Rove lifestyle project in Oman

British developer LEO Development has teamed up with Rove, a JV between master developer Emaar Properties and Dubai Holding, to launch its debut lifestyle hospitality project in Oman. The Rove Home Muscat Expressway will feature one- and two-bedroom apartments along with a range of lifestyle amenities. ...

Construction & Real Estate

Mirage marks structural milestone on Address Residences Zabeel Tower 2

Mirage, a leading project management, architecture, urban design, master planning and lead consultancy, has announced the successful completion of the first raft concrete pour for Tower 2 at Address Residences Zabeel, a major Emaar development located in Dubai. ...

Construction & Real Estate

Top firms in deal to invest in KAEC tourism, lifestyle projects

K Hovnanian ME Investments (KHME), a subsidiary of Hovnanian Enterprises, and the majority shareholder of Al Tahaluf Real Estate Company, CJSC, has signed an MoU with Saudi Arabia’s Tourism Development Fund (TDF) and Emaar, The Economic City (EEC) to enable high-quality tourism investment and lifestyle-focused residential opportunities in King Abdullah Economic City (KAEC). ...

Construction & Real Estate

RTA, Emaar ink deal for Burj Khalifa metro station expansion

Dubai’s Roads and Transport Authority (RTA) has signed an agreement with Emaar Properties for the expansion of Burj Khalifa/Dubai Mall metro station. On completion, the station’s total area will increase to 8,500sq m with bigger entrances and pedestrian bridges as well as new escalators and lifts. ...

Construction & Real Estate

Alef, Emaar unveil Palace luxury branded project in Sharjah

Alef Group, a premier developer in Sharjah, has announced the official launch of Palace Residences Al Mamsha, a luxury branded project developed in collaboration with Emaar Hospitality. The key development offers a mix of one- to three-bedroom apartments with a range of amenities. ...

Construction & Real Estate

Emaar unveils ultra-luxury mansions at $27.2bn Dubai community

Dubai master developer Emaar has announced the launch of its newest project - Dubai Mansions - featuring a limited collection of ultra-luxury mansions ranging from 10,000 to 20,000 sq ft along with premium amenities, at its AED100 billion ($27.2 billion) master-planned community Emaar Hills. ...