Union Properties, a Dubai developer, has dealt with two banks to receive a loan worth of AED 290 million to build its Oia Residences project in Dubai’s Motor City.
Dubai-based luxury real estate developer Omniyat revealed that its AED 2 billion residential project on Dubai’s Palm Jumeriah, dubbed One Palm, is expected to be completed in 2018.
Even though the company has already viewed more than 30 sites across London and talked with the mayor's Greater London Assembly, this is considered Damac's first tower development in the UK,
Majid Al Futtaim announced that it plans to redevelop its City Center in Ajman, aiming to boost the size of the shopping center to 52,000 square meters from an initial 29,000 square meters.