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Tag: Residences

Construction & Real Estate

KEC, BSF Capital to set up fund for $1.96bn Knowledge Gardens project

Knowledge Economic City (KEC), together with its subsidiary Algharraa International Real Estate, has signed an agreement with BSF Capital to establish a private real estate fund for the development of Knowledge Gardens project, being set up within its premises in Madinah at an investment of SAR7.5 billion ($1.96 billion)....

Construction & Real Estate

Hassan Allam-UCC seal contract for Waldorf Astoria Superblock in Diriyah

Hassan Allam, a leading engineering and construction group, said its subsidiary, Hassan Allam Construction Saudi along with its joint venture partner UCC Holding Saudi, has officially signed the contract for Waldorf Astoria Hotel, Residences, & Mixed Use Superblock in Diriyah, Saudi Arabia....

Construction & Real Estate

RCRC readies 456-sq-km master plan for Northeast Riyadh

The Royal Commission for Riyadh City (RCRC) said it had completed the master plan for Northeast Riyadh, laying out the framework for the development of a 456-sq-km area earmarked for future infrastructure, housing and commercial investment. ...

Construction & Real Estate

Object 1 completes its second residential project in Jumeirah Village Circle

Object 1, a leading UAE developer, has announced the completion of its second project, V1TER Residence, a residential development located in District 12 of Jumeirah Village Circle (JVC) in Dubai. Rising 25 storeys, it comprises 175 apartments, including studios, one-, two- and eight three-bedroom homes. ...

Construction & Real Estate

Alyakka starts delivery of 71 premium Jumeirah Garden City homes

UAE-based Alyakka Developers has begun handing over the units at Waha Living, its inaugural freehold residential development in Jumeirah Garden City in Dubai, featuring 71 residences with a mix of studios, one- and two-bedroom apartments along with private balconies. ...

Construction & Real Estate

Knowledge Economic City in deal to develop $359m mixed-use project

Knowledge Economic City (KEC) has signed an agreement with Saudi group Alrashid Properties to develop a premium mixed-use project - the Multaqa Residences - in Madinah on a 149,520 sq m area. The SAR1.35 billion ($359 million) project will boast branded residences as well as retail and hospitality assets. ...

Construction & Real Estate

Residential construction embraces high-performance homes amid sustainability push

Residential developers are under mounting pressure to meet evolving buyer expectations and stricter sustainability standards while delivering long-term value. As the global construction industry is set to hit $16.1 trillion by 2030, high-performance homes are emerging as a key solution, said an industry expert....

Construction & Real Estate

Modon, Nammos to develop luxury lifestyle destination in Egypt

Abu Dhabi-based Modon Holding has joined hands with hospitality brand Nammos for the launch of its first fully integrated destination in Egypt - Nammos Ras El Hekma. Part of the $35 billion Ras El Hekma masterplan, it will boast branded homes, a luxury resort, restaurant and beach club. ...

Construction & Real Estate

Dhofar takes over completion of 240-unit Oman residential project

Oman's Dhofar Municipality is moving ahead with the final phase of the Sahl Hamran housing project in Salalah, which includes construction of 240 residences, after years of delays. The move comes after the municipality took over the remaining works and retendered the project, said a report....

Construction & Real Estate

Anax launches 121-unit Dubai residential development

Anax Developments has announced the launch of Kyomi Residences, a contemporary residential development located within Warsan Fourth district in Dubai. Set for 2027 handover, Kyomi Residences features 121 apartments offering a mix of studios, one- and limited two-bedroom units. ...

Construction & Real Estate

Nakheel unveils 222 new Palm Central beachfront residences

Dubai master developer Nakheel has released the next phase of Palm Central Private Residences on Palm Jebel Ali, reflecting continued demand for premium beachfront living in Dubai. The project features 222 residences across three low- to mid-rise buildings. ...

Construction & Real Estate

Hassan Allam JV lands Waldorf Astoria superblock contract in Diriyah

Hassan Allam Holding, a leading engineering and construction company in the Mena region, said one of its key subsidiaries, in a joint venture with UCC Saudi, has secured the contract for Waldorf Astoria Hotel, Residences & Mixed Use Super Block located within the kingdom's mega development Diriyah. ...

Construction & Real Estate

ZaZEN starts handover of its LEED-certified residential project

UAE-based ZāZEN Properties has announced that it has officially begun the handover phase of its community-focused project, ZāZEN Ivy, located within the Al Furjan development. Rising six storeys, ZāZEN Ivy is the company’s second LEED-certified property. ...

Construction & Real Estate

betterhomes announces exclusive launch of 93-storey Dubai tower

UAE real estate agency betterhomes has announced the exclusive launch of City Tower, a premium long-term leasing address on Sheikh Zayed Road in Dubai, in collaboration with H&H. The 93-storey tower offers 695 residences - ranging from studios to four-bedroom homes - available to move in from June 20. ...

Construction & Real Estate

Arada achieves key safety milestone at $9.5bn Sharjah megacommunity

Leading UAE developer Arada has achieved a major milestone by clocking over 100 million safe man-hours without a lost time injury (LTI) at its AED35 billion ($9.5 billion) Sharjah megacommunity Aljada. Scope of work included residential, retail, hospitality and leisure as well as infrastructure and landscaping. ...

Construction & Real Estate

Aldar announces sale of 80pc residential units in Yas Island development

Leading UAE developer Aldar has sold 80% of the homes released at its key project - Yas Park Place - located in the heart of Yas Island, Abu Dhabi generating over AED800 million ($218 million) in sales. A mid-rise residential community, it features six buildings offering a collection of studios, one-, two- and three-bedroom homes. ...

Construction & Real Estate

Cheval makes branded residences debut with new Dubai Islands project

Cheval Collection, a UK-based luxury hospitality company, has entered the branded residences sector with its new project - Cheval Residences Dubai Islands. An exclusive beachfront property, it will comprise 99 apartments with a mix of one- to three-bedroom and a range of fitness and leisure facilities. ...

Construction & Real Estate

Arada starts handover of 138 homes at Sharjah mega community

Leading UAE developer Arada has announced that it has begun the handover of 138 new apartments at its AED35 billion ($9.5 billion) Aljada megacommunity in Sharjah, following the completion of construction of the two Il Teatro Residences buildings. ...

Construction & Real Estate

Final set of 600 residential units released at Damac District

Damac Properties has launched the final collection of residential units at the Damac District, introducing 600 studio and one-bedroom apartments. A key mixed use community in Dubai, Damac District offers an integrated live-work-play environment with retail, wellness, and workplaces located within proximity. ...

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