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Tag: Residences

Construction & Real Estate

Nakheel awards $218m construction contract for Bay Grove Residences

Dubai developer Nakheel has awarded the main construction contract worth over AED800 million ($218 million) to Metac General Contracting for key phases of Bay Grove Residences on Dubai Islands. The deal covers the construction of 537 one- to four-bed homes across seven buildings. ...

Construction & Real Estate

DHG completes 430-unit Helvetia Residences project in Dubai

DHG Properties, a part of Swiss real estate group DHG, has announced the completion of its prime project - Helvetia Residences - at Jumeirah Village Circle in Dubai, thus delivering its first UAE residential development. The project features 430 apartments spread across 25 floors with more than 73,000 sq m built-up area. ...

Construction & Real Estate

Work in full swing at Sheraton-branded homes in Ras Al Khaimah

Atara Development said steady progress is being made on its premium project - The Residences at Sheraton Al Marjan Island Resort in Ras Al Khaimah - with shoring, piling and foundation works in full swing. On completion, it will boast 168 furnished homes with a mix of one- and two-bedroom units. ...

Construction & Real Estate

RSG launches 110-key Nammos’ luxury property at Amaala

Red Sea Global has announced the opening of Nammos Resort Amaala, a luxury development of the globally renowned lifestyle brand Nammos located on Saudi Arabia's Red Sea coast. Designed by the renowned architectural firm Foster + Partners, the resort features 110 keys and 20 private residences. ...

Construction & Real Estate

Meraas breaks ground on City Walk Crestlane residential towers

Dubai developer Meraas said it has teamed up with International Foundation Group to break ground on two residential buildings being developed as part of the third phase of its City Walk Crestlane, thus marking the next construction milestone in the continued expansion of the residential community. ...

Construction & Real Estate

LMD completes handover of 205-unit Dubai Marina residential tower

LMD, an international real estate developer with major presence in the UAE, Egypt, Spain and Greece, has completed the handover of Marina Living, its 20-storey residential tower in Dubai Marina comprising 205 apartments with a mix of one- and two-bedroom apartments. ...

Construction & Real Estate

BNW to build 10,000 new residences in UAE over next four years

UAE-based BNW Developments has announced plans to develop around 10,000 homes across Dubai and Ras Al Khaimah over the next four years as it expands its footprint in the UAE, with Indian investors emerging as a key contributor to its growth strategy. ...

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. ...

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