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LATEST NEWS

Xanadu delivers Dh750 million worth of projects

24/05/2017
The company has been partnering with property developers by undertaking the management of stalled projects and completing them by investing its own resources.

Abu Dhabi to create a 30-km waterfront community

23/05/2017
In line with the Abu Dhabi Plan, the Hudayriat Island Master Plan will comprise a complete sustainable community with a diverse range of facilities. This will include allocating several plots for UAE Nationals, who will benefit from the Emirati Housing Programme.

Aldar to build Dh1 billion Abu Dhabi Media City

22/05/2017
The Dh1 billion development will follow a Build-Operate-Transfer structure, supporting Abu Dhabi vision of public-private partnerships. It will cover an initial gross floor area (GFA) of 95,000 square metres, Over time the GFA is expected to grow to over 300,000 square metres.

Schon – Al Hamad group of companies commence construction on iSuites

22/05/2017
The main contractor, Dubai Civil Engineering (part of Al Hamad Group of Companies), broke ground on the project officially to complete 2,550 hotel apartment suites, 52 restaurants, outdoor cafes and 125,000 square feet shopping mall. This is surrounded by a manmade beach and a lagoon spread over 5 acres – to be completed ahead of the EXPO 2020.

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Majid Al Futtaim starts construction of Dh2.6bn shopping mall in Sharjah
Majid Al Futtaim, the region’s leading property and shopping mall developer, broke ground on the US$708 million (Dh2.6 billion) shopping mall City Centre Al Zahia in Sharjah. It will be the company’s largest mall within the UAE’s third-largest emirate – Sharjah. Once complete in 2020, City Centre Al Zahia will be a valuable addition to the developer’s growing City Centre brand portfolio. Read More...
Nakheel reports Q1 2017 net profit of Dh1.48 billion
Dubai property developer Nakheel reported a net profit of Dh1.48 billion for the first quarter of 2017 – a time when it handed over 412 land and built form units to customers, with its retail, hospitality and residential leasing businesses continuing to perform solidly. Read More...
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