Tag: <span>Construction</span>

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First part of $540m Abu Dhabi waterfront project revealed
Developer Imkan unveils first mixed-use project in its Makers District on Reem Island

By Staff writer

Tue 05 Dec 2017 01:05 PM

Abu Dhabi-based real estate developer Imkan on Tuesday announced plans for the first mixed-use project in its $540 million 18-hectare waterfront Makers District on Reem Island.

Pixel’s seven towers, incorporating residential apartments, co-working office space, F&B and retail, will form a key part of a new neighbourhood and a unique urban living destination being built in the UAE capital.

With a built-up area of approximately 83,000 sq m, Pixel will offer 480 residential units within 7 mixed-use residential towers that frame a pedestrianised plaza, home to over 3,500 sq m of F&B, retail and offices, as well as a signature water feature.

Imkan said it has partnered with some of the world's best architects and designers..

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Developer breaks ground on new Dubai residential project
Lootah Real Estate Development says The Gardens will feature over 200 homes, to be delivered in 2019

The Gardens is the latest project by Lootah in Dubai, following the success of Shamal Terraces, Shamal Residences and The Waves, pictured.

By Staff writer

Mon 04 Dec 2017 02:51 PM

Lootah Real Estate Development has broken ground on its upcoming residential project The Gardens in Jumeirah Village Circle, Dubai.

Set for delivery in the third quarter of 2019, the project will feature two residential buildings comprising a total of 217 units ranging from studios to one bedroom and loft apartments.

The Gardens buildings, which will also feature swimming pools, gymnasiums with steam room and sauna and covered parking spaces, will have a built-up area of 244,000 sq ft.

Saleh Abdullah Lootah, executive director of Lootah Real Estate Development sa..

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New $218m waterfront project opens in Jeddah
4.2 km development includes a new promenade, pier, plazas, park areas and three new swimming beaches

New $218m waterfront project in Jeddah spanning 700,000 sq/m has opened to the public

By Staff writer

Sun 03 Dec 2017 12:33 PM

A new $218m waterfront project in Jeddah spanning 700,000 sq/m has opened to the public, according to local media.

The new 4.2 km development in Saudi Arabia’s commercial hub adds new park areas, a 650 metre walkway as well as three new beaches in the area, Saudi Gazette reported.

The new public area with 17 plazas, sculptures, fountains, a water park and 8,000 sq/m of children’s play area was inaugurated in the western Red Sea port city by Emir of the Mecca region Prince Khaled Al Faisal.

The corniche also has three new beaches with swimming areas protected by shark barriers and observation towers, a 4,634m long promenade, a ..

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Expo 2020 Dubai awards major contract for iconic Al Wasl Plaza
Cimolai Rimond Middle East General Contracting LLC wins contract

Expo 2020 Dubai has awarded a significant contract for the iconic Al Wasl Plaza building, which will form the centrepiece of the 4.38-square kilometre site.

By Staff writer

Sun 03 Dec 2017 12:53 PM

Expo 2020 Dubai has awarded a significant contract for the iconic Al Wasl Plaza building, which will form the centrepiece of the 4.38-square kilometre site.

Abu Dhabi-based Cimolai Rimond Middle East General Contracting LLC will provide steelwork for the intricate domed trellis of Al Wasl Plaza.

The UAE-Italian joint venture will provide the trellis structure for the 67.5-metre tall, 130-metre wide dome.

When finished, the structure will include 13,600 metres of intricate steelwork and weigh 2,265 tonnes (equivalent to 500 elephants), with an enclosed space of 724,000 cubic ..

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Dubai land sales said to soar by $8bn since 2012
New research shows growing land-for-development shift by investors in the UAE

By Staff writer

Fri 01 Dec 2017 01:02 AM

The value of annual land sales in Dubai has risen by AED30 billion ($8.17 billion) over the last five years, with Business Bay identified as a key area for further growth, according to new research.

fäm Properties, one of the emirate’s biggest real estate brokerages, said land sales for this year so far has reached AED68 billion compared to AED38 billion for the whole of 2012.

Firas Al Msaddi, CEO of fäm Properties, said: “Since 2012, particularly in the Business Bay area, we’ve witnessed a definite upward trend for both the value of land transactions and the size of plots being bought.

“Over the past five years, Business Bay has seen an increase from AED482 million to AED3.3 billion. At the same time, the total area of land sold has grown..

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Video: watch Louvre Abu Dhabi being built in under 3 minutes
Thu 23 Nov 2017 06:53 PM
A timelapse video from EarthCam shows the eight-year construction process of the architectural masterpiece on Saadiyat Island

Video of Official Louvre Abu Dhabi Time-Lapse 2009 – 2017

By Staff writer

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Work starts on new UAE naval base in Somaliland
Divers Marine Contracting begins construction after winning $90m contract in April

The facility, being built near the regional port of Berbera, is expected to be completed by June.

By Bloomberg

Wed 22 Nov 2017 05:39 PM

Divers Marine Contracting has started construction of a United Arab Emirates naval base in a semi-autonomous region of northern Somalia.

The closely held Sharjah-based engineering group began work on the project after being awarded the $90 million contract in April, Managing Director Abdulla Darwish said in an interview in Dubai.

The facility, being built near the regional port of Berbera, is expected to be completed by June, he said.

Berbera is located on the Gulf of Aden, 260 kilometers (162 miles) south of Yemen, where UAE troops in a Saudi Arabia-led coalition are battling Houthi rebels.

Somaliland’s foreign minister said in Ma..

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Revealed: work starts on $6.8bn 30,000-home Dubai mega project
Azizi Developments says Azizi Victoria in MBR City is set for mid-2019 completion

By Staff writer

Wed 22 Nov 2017 03:05 PM

UAE-based Azizi Developments has started construction of its AED25 billion ($6.8 billion) Azizi Victoria mega project in the Mohammed Bin Rashid Al Maktoum City – District Seven in Dubai.

Spread over a construction area of 33 million square feet, Azizi Victoria comprises 105 mid and high-rise residential buildings of 30,000 units of studio, one-, two-, three- and four-bedroom apartments, a retail district and two hotels.

The buildings will be mixed-use constructions of housing apartments, retail establishments, restaurants and hotels, the developer said in a statement.

It added that the development will also include educational institutions, high-street retail establishments, hospitality, and outdoor recreation spaces. Co..

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Dubai's $5.7bn Royal Pearls project 'on track for 2022 completion'
Developer says construction of phase 1 of Meydan project is more than 10% finished

By Staff writer

Wed 22 Nov 2017 01:26 PM

Oriental Pearls, an upscale property developer in the UAE, has announced that Royal Pearls, a 4.6 million square foot community of more than 7,000 premium freehold apartments, is on track for completion in 2022.

Located in Meydan Master Development in Dubai, more than 10 percent of phase 1 of the $5.7 billion project is already complete, the developer said in a statement.

Tariq Jarrar, vice president of sales and marketing at Oriental Pearls, remarked: “Royal Pearls is designed to harness the power of innovation to provide superior premier lifestyle options, set in refined, elegant and environmentally-friendly surroundings of Nad Al Sheba. Networked buildings with smart security and automated services ..