The Tourism Development & Investment Company (TDIC) has assigned AED 370 million ($100 million) Jawaher Saadiyat construction contract to Al Jaber Building.
Abu Dhabi-based Aldar Properties has awarded its AED 440 million ($ 119 million) island community project, Nareel Island and Al Merief, a community in Khalifa City to National Projects and Construction (NPC).
During the first half (H1) of 2016, Dubai saw a AED 113 billion ($ 30.7 billion) sum, in real estate transactions, according to a government announcement.