Danube Announces AED 300 M Dubai Affordable Project Sold Out
Dubai-based Danube Properties announced that the AED 300 million ($ 81 million) Glamz Residence project at Al Furjan area in Dubai, which is part of an affordable housing scheme, has been sold out, Construction Week ...
Dubai Properties to Launch Bellevue Towers Downtown
Dubai Properties, a real estate developer, is set to launch Bellevue Towers, a two-tower project, in Downtown Dubai.
Shaikhani Group to Invest AED 2B
The Shaikhani Group unveiled its 2025 development plan in preparation to host Expo 2020, starting with 4 new projects in the coming year.
New Abu Dhabi-Dubai Highway worth AED 2.1 B to Open in 2016
The new AED 2.1 billion ($ 570 million) Abu Dhabi-Dubai highway, which is being built by Abu Dhabi General Services Company, Musanada is almost 83% complete and will be opened before the end of 2016, Construction Wee ...
Nakheel Finishes Enabling Work for Al Khail Mall
Dubai-based real estate company, Nakheel has finished the ground works for Al Khail mall worth AED 2 billion ($ 544 million), at Jumeirah Village Triangle in Dubai, the company’s website stated.
Dubai’s Arabtec to Use AED 1B Reserves to Wipe Out Losses
Dubai’s Arabtec Holding, a construction firm, announced its plan to use AED 1 billion ($272 million) of the company’s reserves to wipe out some of its accumulated losses.
Dubi’s RTA Contracts AED 703M Deals for Dubai Water Canal
Dubai’s Road and Transport Authority (RTA) awarded contracts for AED 703 million ($191 million) for construction work of the fourth and fifth phases of the Dubai Water Canal Project.
Work Starts on AED 1B Dubai Hotel
Omniyat Group, Dubai-based real estate Company, announced it has awarded the enabling works contract for the Langham Place Hotel and Residences in Downtown Dubai, an AED1 billion ($272 million) investment.
