$975m deal signed to build artificial island in Abu Dhabi
Adnoc Logistics and Services, a global energy maritime logistics leader, has won a $975-million artificial island construction contract by Adnoc Offshore. As part of Adnoc's In-Country Value program, at least 75 per cent of the total contract value for dredging, land reclamation and marine construction of an artificial island 'G' for the Lower Zakum offshore field, will flow back into the UAE economy. This award is a significant milestone in Adnoc Logistics & Services' (Adnoc L&S) strategy to pursue new growth opportunities. Adnoc L&S' Integrated Logistics business unit is an end-to-end, fully integrated energy logistics services provider. The provision of engineering, procurement and construction (EPC) services in the integrated logistics business is a new offering by the company in line with its announced strategy to achieve significant ongoing growth, including expansion into new verticals. This is the first major award for Adnoc L&S after it listed on the Abu Dhabi Securities Exchange (ADX) on June 1 following the highest demand globally for an IPO this year. Capitalising on the project management expertise, end-to-end logistics solutions, and strategic partnerships, Adnoc L&S is primed to execute major offshore EPC contracts that support it's customers' ambitious growth plans and deliver value to it's shareholders. This contract award for the construction of artificial island 'G' exemplifies the strategy to tap into new growth areas, showcasing the expanding range of services offered to the customers and the trust that Adnoc Offshore has placed as their partner of choice. The award is part of Lower Zakum's long-term development plan, aiming to safely and sustainably unlock greater value while helping to meet the increasing global energy demand. Adnoc Offshore has extensive experience in deploying the artificial island concept for project delivery, resulting in significant cost savings and environmental benefits compared to conventional approaches that require more offshore installations and infrastructure.
Water pipeline extension completed in Sharjah
Sharjah Electricity, Water and Gas Authority (SEWA) has concluded the extension project of a crucial main pipeline with a diameter of 800mm, aimed at transporting water from Al Zubair Station to Al Shanouf Suburb. The project, initiated in July 2022, utilised environmentally friendly materials to ensure water quality, while effectively catering to the growing demand for freshwater in the region. The new pipeline will provide residents in the areas of Mahdub, Hadibah, and the new sections of Al Shanouf Suburb with a sustainable supply of fresh and pure water, thereby increasing the efficiency of the existing network. The implementation employed carbon steel pipes coated with safe and sanitary epoxy in adherence to the latest international standards governing the freshwater distribution and transportation systems. Rigorous water pressure tests have been carried out, confirming the pipeline's readiness for operation. With a length exceeding 6 km and an 800mm diameter, the project's total cost amounts to approximately AED15.5 million.
Contract awarded for installation of jackets in Abu Dhabi
National Petroleum Construction Co (NPCC), has been awarded a contract worth $162.31 million by the Abu Dhabi National Oil Company (ADNOC). The contract encompasses the engineering, procurement, and construction (EPC) activities for the installation of seven jackets.
Agreement signed for developing a port offshore facilities in Abu Dhabi
Singapore-based Crystal Offshore will construct a base in Khalifa Port featuring office facilities and fabrication workshops to provide advanced repairs and refits to jack-up rigs as well as marine and offshore vessels. The new shipyard fabrication facility will cater for drilling rigs and marine assets as well as deep water vessels such as FPSO and semi submersibles. For this, AD Ports Group, a leading facilitator of global trade, logistics and industry, has signed a 25-year agreement with Crystal Offshore, a recognised one-stop Logistics Solution provider to the Marine & Offshore Industry. Under the agreement's terms, a 20,000 square metre plot of land and an associated quay wall in Khalifa Port will be allocated for Crystal Offshore.
New projects announced to boost industrial sector in Abu Dhabi
Abu Dhabi's industrial sector is set for a boost with eight new projects announced during the Make it in the Emirates Forum held in Abu Dhabi from 31 May to 1 June 2023, and organised by the Ministry of Industry and Advanced Technology (MoIAT), in partnership with the Abu Dhabi Economic Development Department (ADDED) and ADNOC. The event brought together decision-makers, experts, entrepreneurs, financing institutions, and investors from the industrial sector to enhance cooperation and explore new industrial collaboration opportunities. It also highlighted the potential for localising products by redirecting local purchases into the national economy and giving priority in bids to companies that participate in the National In-Country Value (ICV) Program. The Abu Dhabi Investment Office (ADIO) and its partners signed MoU agreements with high-growth companies covering key areas, including manufacturing, banking, oil & gas, pharmaceuticals, and healthcare that will accelerate the growth of the UAE capital's manufacturing base. During the Forum, ADIO also signed an agreement with Abu Dhabi Islamic Bank (ADIB) to support the industrial sector. Abu Dhabi's ambitious Industrial Strategy aims to double the sector's GDP contribution by 2031, leveraging strong enablers such as infrastructure, competitive operational costs, business-enabling regulations and access to financing. The projects announced by KEZAD Group, Infinity Green, Vitamol, ADAFZ, A2N Holdings, EMIC, Mark AB Capital Investment, SuperJet International, Oil Man, United Eastern Group, Orion Italy and Petrona Gulf DWC will significantly bolster Abu Dhabi's industrial ecosystem. The MoUs signed by ADIO during the Forum will power the next wave of growth of Abu Dhabi's industrial sector.
A2N Holdings LLC, a company headquartered in Abu Dhabi with an extensive investment portfolio in the healthcare and distribution sectors, is embarking on a ground-breaking venture to establish the first fully integrated state-of-the-art IV solutions manufacturing facility in the UAE.
Emirates Investment Corporation (EMIC), a diversified investment company with a portfolio covering a range of sectors including Aviation, F&B, Facility Management, Oil and Gas and retail, will setup a pioneering solar manufacturing facility in Mussafah, which will employ cutting-edge automated technology to manufacture solar products from cells to panels.
Infinity Green, a subsidiary of India's Sathi group, has introduced green solutions to the UAE for two decades. The leading cement manufacturer signed an MoU along with KEZAD Group to establish the first fully automated and integrated glass recycling plant in the Gulf to be set up in KEZAD Al Ma'mourah.
Oil Man, a pioneering UAE-based company, has signed an MoU to establish a state-of-the-art facility for the design and manufacture of advanced drilling tools and pipeline repair equipment. This initiative emphasises their role as a technology owner and developer, contributing to the growth of the local industry.
The MoU between Mark AB Capital Investment, a UAE based private equity company, and SuperJet International (SJI), an Italian aviation company based in Italy, will support the development of the civil aviation industry in the UAE by establishing a state-of-the-art facility in Al Ain.
Vitamol, a researcher and manufacturer that focuses on the production of high-quality functional powder products, created through its trademarked Molecular Dispersion Technology, signed an MoU along with Abu Dhabi Airports Free Zone (ADAFZ) to build a first-of-its-kind research and manufacturing plant located within ADAFZ for pharmaceutical application and global export of local camel milk powder.
United Eastern Group, in partnership with Orion Italy and Petrona Gulf DWC, will setup United Clad Technology, a manufacturing facility in Abu Dhabi to produce clad pipes, fittings, flanges, valves and bends for the Oil & Gas Industry.
Proposals invited for a new customs clearance centre in Abu Dhabi
In collaboration with the Department of Municipalities and Transport (DMT), the Abu Dhabi Investment Office (ADIO) is inviting proposals for the design, build, maintenance and operation of a new Al Ghuwaifat Customs Clearance Centre. The proposed project is located in the Bayah Al Sila district of Al Ghuwaifat in Abu Dhabi, specifically Plot C1. The project entails the design, construction, maintenance, and operation of the new customs clearance center, which will feature offices, as well as supporting retail and food and beverage outlets.
Tender No.: RFP-ADIO-CS-M17. The deadline for proposals is 3 July 2023, 3 pm (UAE time). The proposals submitted have to be in line with the Instructions to Bidders included in the RFP.
$1.63 billion industrial project announced in Abu Dhabi
UAE Minister of Industry and Advanced Technology announced industrial projects, including the first Hydrogen Electrolyzer Plant, worth more than 6 billion dirhams ($1.63 billion), as part of a slew of initiatives to support the Make it in the Emirates programme. The hydrogen electrolyser plant produces green fuels. Increasing the value of purchase agreements for local manufacturers and industrial investments by more than AED10 billion and allocating more than AED20 billion via Abu Dhabi National Oil Co. (ADNOC) for the purchase of products exclusively from national factories.
Agreement signed for manufacturing non-oil products in Abu Dhabi
ADNOC announced at the Make it in the Emirates Forum in Abu Dhabi, new agreements with more than 60 UAE-based and international companies to locally manufacture critical non-oil products in its supply chain. The new agreements bring ADNOC closer to its target to locally manufacture AED70 billion ($19 billion) worth of products in its procurement pipeline which was announced at the last Make it in the Emirates forum in June 2022. In addition, the agreements have enabled AED2.84 billion ($774 million) to flow back into the UAE economy through industrial investments by suppliers in expanding or establishing new facilities. ADNOC also accelerated its AED70 billion target to 2027, ahead of the previous target of 2030. Since the launch of Make it in the Emirates, ADNOC has more than tripled its direct spend with local manufacturers. ADNOC's Make it in the Emirates agreements are estimated to contribute to 10% of the AED172 billion ($46.9 billion) target in the Abu Dhabi Industrial Strategy which will double the size of Abu Dhabi's manufacturing sector. The agreements could also enable 21,500 jobs within the UAE by 2031.
Domestic manufacturing of critical industrial products strengthens the resilience of ADNOC's supply chain and provides greater flexibility to respond to market dynamics as the company decarbonizes its operations and invests in lower-carbon energy solutions. It also also supports the UAE Net Zero by 2050 Strategic Initiative as new investors are encouraged to adopt clean technologies while setting up in the UAE through incentives in ADNOC's In-Coutnry Value Program. Of the agreements signed to date, AED20 billion ($5.45 billion) is dedicated to local fabrication yards. These fabrication yards will create thousands of new job opportunities, drive gross domestic product (GDP) growth, and enhance the resilience of the local supply chain across multiple industrial sectors in the UAE.
New colossal masterplan unveiled & launched in Dubai
Vice-President and Prime Minister of the UAE and Ruler of Dubai, has unveiled the masterplan for Palm Jebel Ali, a colossal development that is twice the size of Palm Jumeirah. This ambitious project aims to transform Dubai into the most stunning city globally and will feature an impressive array of 80 new hotels. Additionally it was announced that Palm Jebel Ali will encompass a remarkable 110 kilometres of pristine beaches. Part of the Dubai 2040 Urban Master Plan, Palm Jebel Ali is one of a series of visionary projects being undertaken by Dubai-based real estate master developer Nakheel. Palm Jebel Ali will raise the global benchmark in waterfront living and offer a breadth of luxury lifestyle amenities for residents, families and visitors, supporting the objective of the Dubai Economic Agenda D33 to consolidate Dubai's status as one of the world's top cities for business and tourism. The project also marks the beginning of a new growth corridor in the Jebel Ali area, underlining the expansion of the emirate. Spanning an area of 13.4 square kilometres and occupying an area twice the size of Palm Jumeirah, Palm Jebel Ali will feature extensive green spaces and unique waterfront experiences. The project will add approximately 110 kilometres of coastline to Dubai that will provide approximately 35,000 families with unrivalled luxury beachside living. Palm Jebel Ali will feature more than 80 hotels and resorts, and a wide choice of entertainment and leisure facilities that will contribute to Dubai's tourism sector, while distinguishing the archipelago as an aspirational residential destination in the city. Setting a model in contemporary urban planning practices, Palm Jebel Ali will feature mixed-use walkable neighbourhoods, incorporate smart city technologies and sustainability practices, as well as provide a diverse range of mobility options for residents, visitors and communities. The project been designed keeping sustainability in mind, with plans including renewable energy resources being incorporated into its infrastructure design, allowing it to become almost completely self-sufficient in terms of power generation once complete. As much as 30% of Palm Jebel Ali,s energy requirements will be obtained from renewable sources.
New agreement signed to build villas in Abu Dhabi
Q Holding Group has inked two agreements with Trojan General Contracting to design and build 1,742 villas for Emiratis in Al Samha and West Baniyas region of Abu Dhabi. The two agreements follow the partnership between Q Holding and Abu Dhabi Housing Authority to develop the two regions in line with Abu Dhabi's Vision 2030 to build sustainable cities and provide an advanced housing environment for citizens of the country. The scope of work in both conventions include the design, construction and infrastructure development for final delivery of the projects.
The strategic West Baniyas project is scheduled to be implemented over the next four years. The project will cover a large area of approximately six million sq m and the construction of 1,500 villas, with various necessary infrastructure works including roads, social, educational and service facilities, parks and green spaces.
The new Al Samha project will be implemented over 38 months, covering an area of more than half a million sq m. It involves the construction of 242 villas, as well as several necessary infrastructure works accompanying the project to provide environmental sustainability and comfort to its residents.
Updation of work announced for mixed use development in Sharjah
Sharjah Investment and development Authority (Shurooq), has announced that work is in full swing at its Maryam Island - a mixed use development featuring 18 exquisite residential buildings comprising over 3,500 homes as well as other key amneities - and is due for competion in 2026. Spread over a sprawling 3.3 million sq ft area, the waterfront destination will offer unrivalled vistas of Al Mamzar Beach and Al Khan Lagoon. This vibrant location is being developed as a full-service community and will feature 18 exquisite residential buildings comprising over 3,500 units upon completion. The expansive project constitutes a unique living experience within a full-service community with a variety of activities and facilities including a nature-inspired waterfront promenade, a rejuvenating fitness centres and serene swimming pools, safe and fully equipped children's play areas, indoor gardens, as well as leisure facilities within each residential building.
The Phase 3 of the project - Rimal Residences featuring 203 units will be handed over in Q3 of 2024, while the Phase 4 - Jawaher Residences 1 & 2 - featuring 198 units is set for completion in Q4 of 2025, simultaneously with Phase 5 of the development - Crystal Residences (two-building structure boasting 234 units). It will also feature 16 retail spaces overlooking the water. The Phases 6 and 7 of the island's development - 340-units Mesk Residences and Aysha Residences 1 & 2 - will be fully completed in Q1 of 2026 and there after handed over to the residents.
Announcement of new launch of residential development in Dubai
Dubai-based developer Vincitore Realty announced the launch of its branded designer residences Dolce Vita. With a development value exceeding Dh800 million, the Dolce Vita Residences and Dolce Vita Suites project will comprise 479 branded designer residences, 220 luxury hotel suites, and 20 boutique designer retails. Dolce Vita, meaning 'e Sweet Life' in Italian, will be built in Arjan, Dubailand, close to Mediclinic Hospital and a short distance from Miracle Garden and Dubai Hills Mall, with two major airports nearby. e developer also offers curated payment plans for buyers with options ranging from studios to one-bedroom, imperial one-bedroom, and royal two-bedroom apartments. Dolce Vita represents the ultimate Italian lifestyle crafted by blending the world of branded designer residences with royal Italian hospitality. We aim to provide residents with a lifestyle that surpasses their expectations and brings them pure happiness and fulfilment. Each residence features designer ceilings, handcrafted artisan walls, gold accessories and finishes, and sundeck terrace balconies. e project also includes amenities like the Verde golf course, Venicia Retreat Lounge, and a 'Garden of Florence'. e development will also be home to Milano High Street Retail retail options and restaurants Gusto Italiano Ristorante, Crystal Heaven and Bella Vita Café.
AED 157.4 million water reservoir commissioned in Dubai
Dubai Electricity and Water Authority (DEWA) has commissioned a water reservoir in the Lusaily area. The project has a storage capacity of 60 million imperial gallons (MIG) and investments totalling AED 157.4 million. This supports DEWA's efforts to enhance water security and keep pace with the increase in demand. They continue to strengthen their robust state-of-the-art infrastructure and adopt innovation and the latest tools for anticipating the future. This supports the Dubai Integrated Water Resource Management Strategy 2030 and the UAE Water Security Strategy 2036. Their sound scientific planning has helped them keep pace with the growing demand for water in Dubai, according to the highest international standards. In 1992, DEWA's production capacity of desalinated water was 65 MIGD. Today it has increased to 490 MIGD. The water reservoirs they are building help increase the water flow and raise the volume of the Emirate's water reserve to meet the growing demand and increase the efficiency and reliability of water networks to support the sustainable development of Dubai. The new reinforced concrete reservoir in Lusaily has been built alongside the existing one, which stores 120 MIG of desalinated water.
Proposals invited for streetlight PPP project in Sharjah
Sharjah Electricity, Water and Gas Authority (SEWA) has issued an expression of interest (EoI) notice seeking consultancy services for a streetlight public private partnership (PPP) project in Sharjah City. Qualified consultants with proven track record in designing and implementing smart and energy-efficient solutions through PPP have been invited to submit EOIs, according to a public notice issued by SEWA. The proposed PPP model will involve designing, building, financing, operating, and maintaining a streetlight network. SEWA recognises the importance of engaging with specialised consultants who can provide innovative solutions to optimise energy savings and operational efficiency, to develop a successful PPP model that benefits the community and the environment.
Announcement of the launch of new villas in Dubai
Luxhabitat Sotheby's International Realty has announced the official launch of The Royal Villas, a key residential development featuring 18 exclusive four- and five-bedroom villas, in addition to a range of premium amenities, on Palm Jumeirah. Located at Jumeirah Zabeel Saray on the West Crescent of the Palm Jumeirah, these villas offer exhilarating views of the Arabian Gulf and Dubai's impressive skyline. The villas incorporate open living spaces, a fully-equipped kitchen, private terrace and deck, pool, private parking and entrances. This development presents an exceptional opportunity to purchase a property directly on the exclusive Palm Jumeirah. The plot itself holds immense value, surpassing that of the property alone. Situated in an ultra-prime location, it offers breathtaking views from every angle, accompanied by top-notch 5-star facilities and a private beach just steps away. There are no other new developments planned on such a prime location on The Palm Jumeirah with such a low density, outstanding amenities, and a price tag as attractive as this.
With a starting price of AED37 million ($10 million), The Royal Villas are designed to capture the spirit of the Ottoman era, featuring the finest materials including Turkish marble, rich dark wood and exterior ceramics. The Royal Villas are designed to the highest level of detail, complementing the beautiful beachfront within this exclusive community. Owners have the option to choose between having a private gym, children's playroom or an extra guest bedroom, all beautifully appointed with opulent fabrics and plush carpets in splendid shades of gold and ivory.
Plans unveiled for a high-end residential project in Sharjah
The Sharjah Development and Investment Authority (Shurooq) has unveiled its luxurious residential project, Ajwan, at the ongoing Sharjah Real Estate Exhibition (Acres 2023). A key project, Ajwan promises its residents nature-inspired high-end living on the water's edge, and includes the first-of-its-kind waterpark in the eastern region, thus opening a unique window of investment opportunities in Khorfakkan. Inspired by the distinctive topographical setting of Khorfakkan, nestled between the Khorfakkan mountain and the pristine Gulf of Oman, Ajwan - Khorfakkan Residence is a visionary project envisioned by Shurooq. It aims to cultivate a thriving environment for families, communities, commerce and tourism in this charming and naturally diverse coastal town. The development has been named Ajwan, which is the plural form of the Arabic word 'Jawn', which describes a small bay or a body of water to draw a metaphorical relationship to the distinctive location project whose site is located on an 65,269 sq m plot of reclaimed earth by the shore surrounded by a port, a beach and mountainous landscape, and integrates the luxurious housing and facilities including waterpark promising thrilling adventures with its slides and water sports, swimming pools, access to open beach, and amenities accessible to the public. The development comprises six residential buildings featuring a remarkable array of 184 residences, ranging from spacious two-, three- and four-bedroom apartments to indulgent three-bedroom and four-bedroom duplex residences. The saleable area of these units' ranges from 124 sq m to 417 sq m. The unique landscape-style of the residential architecture preceded by terraces on each level sit above a state-of-the-art podium and a sprawling retail space in such a way that maximum, panoramic views can be enjoyed by the residents. The design is inspired by the fluidity and forms of the coastal conditions including landform and sea. On the first floor, the podium presents a diverse range of amenities and activities suitable for all ages. From the lap pool and kids pool to play areas, the podium offers an appealing living space with captivating water views. The ground floors of the complex are dedicated to commercial spaces, equipped with all the necessary amenities for project owners, while remaining easily accessible for residents of the complex. Moreover, this project is part of a large-scale, integrated, and multi-purpose real estate development. Situated within a secure gated community, the residence enjoys close proximity to Khorfakkan beach, a mere 5-minute drive from the town's iconic amphitheatre and waterfalls. Additionally, it is conveniently located just three minutes away from the renowned Al Rabi hiking trail and approximately an hour's drive from Sharjah International Airport.
New residential project launched in Dubai
Dubai's Samana Developers has launched its 350 million UAE dirhams ($95.31 million) Ivy Gardens residential project in Dubailand Residence Complex. This is the fourth project out of 12 planned projects for 2023. The 14-storey project spans over 300,000 sq. ft with 348 apartments and is scheduled for handover in May 2026.
New master plan for public beaches announced in Dubai
Prime Minister & Ruler of Dubai has approved the Dubai Master Plan for Public Beaches that aims to increase the total length of public beaches in the emirate by 400%. The plan, which forms part of the Dubai 2040 Urban Master Plan, features the opening of new beaches and the development of existing ones with advanced facilities. Layout and implementation phases of the Master Plan was reviewed, the short and long-term initiatives to be undertaken in each phase as well as the facilities, services and features to be added to each beach. The Dubai Master Plan for Public Beaches will increase the length of public beaches by 400% by 2040. Their total length will increase from 21 km to 105 km in the next 17 years. Public beaches spanning 84 km will be added to cater to the growth in the emirate's population and the influx of tourists from all over the world. Services offered on public beaches will increase by 300% by 2025. The new Master Plan demonstrates Dubai's commitment to providing unique experiences for beachgoers in line with the goal of the Dubai Economic Agenda D33 to consolidate the emirate's status as one of the top three cities for tourism.
The beach will be developed into an exceptional eco-tourism attraction featuring diverse activities. Mangrove trees will be planted in parts of the beach to boost protection from erosion and preserve marine animal habitats. The beach will have a variety of public services and amenities. The public beach will also have cycling and pedestrian tracks, aqua sports facilities, rest and recreation amenities, restaurants and food carts, shops and investment outlets as well as family spaces, beach camping and parking areas. A direct public bus route will be launched to link Jebel Ali Metro Station to the new Jebel Ali Public Beach offering direct access for beachgoers. The public will be able to visit turtle enclosures created at the beach in accordance with global standards for their protection. The enclosure will support nationwide efforts to save and rehabilitate turtle species and return them to their natural habitat, as part of the broader goal of preserving the country's marine environment.
The master plan also includes the further development of the Al Mamzar Public Beach (Creek and Corniche). The development project, which will commence in June this year, is set to be completed by the end of this year, 2023. The project will feature new public facilities, pedestrian and cycling tracks and the planting of mangrove trees along the Corniche section of the beach. As part of the new plan, a 4,000-metre cycling track will be added to the Al Mamzar public beaches and 9% of its public beaches will be designated for night swimming this year.
In 2024, the number of services at the beach will double and an additional 3% of public beaches will be designated for night swimming while in 2025, the beach services will increase three-fold and the length of cycling tracks will rise by 20%. An array of short and long-term initiatives will seek to boost investment in commercial facilities at the beach. In the short term, retail kiosks will be constructed on Jumeirah Beach 2 and Umm Suqeim 1 and the beach will see new water sports facilities and the installation of smart safe lockers. Long-term initiatives include a study to explore the offering of new commercial investment opportunities through the introduction of retail outlets, restaurants, and marine sports activities as well as the development of Jebel Ali Public Beach to provide camping facilities.
Announcement of the launch of a new residential apartments in Dubai
RAK Properties, has announced the launch of a new beachfront development featuring modern designs and luxurious amenities on Hayat Island in Ras Al Khaimah. Starting on 26 May, the 'Bayviews Residences' apartments will be available for public sales at the St. Regis Dubai, The Palm, offering the property's studios, one and two-bed apartments. Housing several lifestyle facilities, the development provides guests with access to recreational spaces such as an indoor gym, outdoor activities area, yoga breakout area, landscape leisure deck, and a swimming pool. In addition to that, the venue includes retail and F&B outlets within the ground floor of each building, complemented by the location's natural surroundings and direct access to Hayat Island beach.
Commencement of construction of reverse osmosis plants in Dubai
Dubai-headquartered district cooling giant Emirates Central Cooling Systems Corporation (Empower) has commenced constructing reverse osmosis (RO) plants in three of its eight district cooling plants located on the man-made island of Palm Jumeirah. The RO plants remove salts, organic compounds, heavy metals and other impurities from treated water to enable its reuse in cooling tower operations. The move supports the Dubai government's strategy to rationalise the consumption of desalinated water in district cooling operations and promote the use of sustainable alternatives such as seawater and treated sewage effluent (TSE).
Announcement of new hotel in Dubai
Dubai-based Deyaar Development (Deyaar) announced the launch of its new hotel apartment project, Millennium Talia Residences, located in Al Furjan. The project would be Deyaar's second release in Al Furjan, and their fourth property managed by Millennium Hotels & Resorts.
MoU signed to develop a mega hub in Abu Dhabi
AD Ports Group, signed an MoU with the world's largest producer of iron ore and nickel, and one of the largest logistics operators in Brazil, Vale S. A. (Vale), to develop a Mega Hub in Abu Dhabi for industrial complexes that produce low-carbon products for the steelmaking industry for both the local and seaborne markets, with a significant reduction of CO2 emissions. The agreement will see an allocation of land and related services from KEZAD for the Mega Hub, in addition to the development and management of a state-of-the-art handling facility at Khalifa Port, capable of accommodating Valemax vessels with a handling capacity of up to 50 million tonnes of cargo per annum. Furthermore, AD Ports Group will develop and manage conveyor infrastructure to transport iron ore and finished products to and from Khalifa Port and KEZAD and will be exploring commercial collaboration with Vale on the marketing and sale of various bi-products of the manufacturing process in the UAE and the wider region.
The agreement also includes a maritime collaboration to explore opportunities related to the management and operation of very large ore carriers (VLOCs) and other possible avenues of partnership. The Mega Hub initiative contributes to Vale's commitment to reduce 15 percent of net Scope 3 emissions by 2035. Additionally, Vale seeks to reduce its absolute Scope 1 and 2 emissions by 33 percent by 2030 and achieve net zero by 2050, in line with the Paris Agreement, leading the evolution process towards sustainable mining. By leveraging their collective strengths, AD Ports Group and Vale are seeking to enhance the overall efficiency of the global supply chain.
AED7 billion New housing projects announced in Abu Dhabi
Abu Dhabi Housing Authority has announced new housing projects in West Baniyas and Al Samha regions, totalling 1,742 residential villas for citizens at a cost of more than AED7 billion. To develop these projects, Abu Dhabi Housing Authority has signed two agreements with Q Holding PJSC, according to the terms the company will design and implement both projects for the benefit of Abu Dhabi Housing Authority. The West Baniyas residential project includes the construction of 1,500 residential villas and the implementation of infrastructure works, gardens, public facilities and services, in addition to the construction of eight mosques and 14 commercial buildings. The project is being built on a land area of 584.7 hectares, at a total cost of more than AED6.3 billion. It is expected to be completed by Q2 2027.
Al Samha project consists of 242 residential villas, in addition to the implementation of various infrastructure works, along with the construction of two mosques and a selection of retail units. The project is being built on a land area of 53.4 hectares, at a total cost of more than AED734 million, and is expected to be completed by Q4 2025.
The announcement of the two new projects follows Abu Dhabi Housing Authority announcing the completion of the expansion of Al Falah residential project through the addition of 899 residential villas to the original first and second phases of the project, during which 4,857 new residential properties were handed over to citizens in 2012, bringing the total number of residential villas in the region to 5,756.
Agreement signed to design commercial towers in a district in Dubai
DMCC, the flagship free zone in Dubai, has signed up Brewer Smith Brewer Group (BSBG), a global architecture, design and engineering firm, to deliver the second phase of its flagship Uptown Dubai District, that will see the construction of two mid-rise commercial towers of 28 and 21 storeys. Engaged for lead consultancy, design and executive architecture, interior design, and structural engineering for the project, BSBG will deliver the next two commercial towers within Uptown Dubai. Spanning a total area of 5.8 million sq ft, Uptown Dubai will redefine premium mixed-use communities. On completion, the mid-rise towers will featuring a total of approximately 67,500 sq m of commercial space and 5,000 sq m for retail and F&B. These two towers will be a strong addition to this ever-growing district, helping the developer meet the high levels of FDI they continue to attract with a premium commercial offering.
Announcement of the launch of the major community in Abu Dhabi
Bloom Holding, has announced the launch of Casares, the third phase of its fully integrated and all-inclusive community in Abu Dhabi – Bloom Living. This comes following the remarkable success of the first phase, Cordoba, and the second phase, Toledo, which are on track for delivery in Q4 2024 and Q2 2025 respectively. Sales will commence for townhouses within the third phase Casares, which is named after a village of historical and artistic importance in the community of Andalusia in Spain. The key development, which will have a mix of two- and three-bedroom townhouses, is set for completion in 2026. Casares features a Community Center surrounded by lush greenery and stunning landscaping. Those living within Bloom Holding's Casares can benefit from a wide range of facilities available in the community, just within a short walking distance. Residents can explore the beauty of nature at Bloom Living's multiple uninterruptedly interconnected parks, and they can also enjoy their time at the community's main Clubhouse which provides easy access to pools, sports and recreational facilities, as well as a wellness centre. Additionally, at the heart of Bloom Living lies a Town Center that offers an array of retail and F&B options.
New residential community launched in Sharjah
Sharjah Sustainable City, a master-planned residential community developed by Sharjah Investment and Development Authority (Shurooq) and Diamond Developers, has launched the fourth and final phase, comprising 324 residential villas. The prices of three-bedroom villas start from 1.7 million UAE dirhams. The project, which extends over 7.2 million square feet in Sharjah's Al Rahmaniyah area, will ultimately house 1,250 sustainable villas.
New agreement signed to development of a pilot polished water plant in Abu Dhabi
Khalifa Economic Zones Abu Dhabi - Kezad Group and Sustainable Water Solutions Holding Company (SWS) have signed a framework agreement under which they will cooperate on the development and operation of a pilot polished water plant, as well as polished water distribution to industries in Kezad Musaffah. The partnership aims to enhance the circular economy and sustainable water solutions in line with the UAE Water Security Strategy 2036. A number of industrial clients within Kezad Musaffah would greatly benefit from the availability of polished water. By filtering and treating the treated sewerage effluent (TSE), it will remove additional impurities and contaminants, generating non-potable water, suitable for industrial use.
This state-of-the-art polishing plant offers industries cost-effective access to premium recycled water, reducing reliance on potable water sources. As an increasingly sustainable water management solution, it helps lower the carbon footprint of many industrial sectors and promotes environmental consciousness. This initiative will preserve potable water for the burgeoning UAE population and propel the nation towards its sustainability objectives. SWS Holding, jointly with Kezad Group, will supervise the development and operations of the polishing plant, capable of treating a 20,000 cu m influent daily. Through the partnership, the parties will conduct a series of feasibility studies and technical site visits to enable manufacturing industries to access cost-effective recycled water.
New agreement signed to build a technology hub in Abu Dhabi
TGT Diagnostics announced it has signed an agreement to build a new technology hub in Abu Dhabi under an agreement with Khalifa Economic Zones Abu Dhabi -KEZAD Group. The new UAE facility is a major investment for TGT as it moves to strengthen its ties with customers in the Gulf region. Aiming to be fully functional by year end, the new technology hub will be home to TGT's scientific and engineering resources, research and development, information technology, software and AI development, manufacturing, maintenance, quality assurance, and headquarter functions.
Major restoration of a clocktower is underway in Dubai
Dubai Municipality has started the development of the Deira Clocktower Roundabout to improve its aesthetic appeal by integrating hard floors with greenery and multi-coloured lighting along with upgrading the design of the water fountain. It is one of the remarkable memorials and architectural landmarks that city is known for. By maintaining Dubai's historical and architectural landmarks, and safeguarding them for future generations, this project helps the Municipality to achieve its objectives of implementing high-level sustainable urban planning that will improve the city's appeal. The project also comes in line with Dubai 2040 Urban Master Plan, which outlines a detailed strategy for sustainable urban development in the Emirate of Dubai with a focus on boosting the quality of life and happiness of people, as well as reinforcing the Emirate's global competitiveness.
The project, which will last for three months, includes decorative gardening, replacing old floors with hard floors, implementing multi-coloured lighting, and revamping the fountain. Dubai Municipality will ensure that the new modern design of the roundabout matches Dubai's theme while also preserving the old structure of the Clocktower roundabout without interrupting its historical or architectural significance. The Deira Clocktower roundabout is a significant historical and architectural landmark and is one of the most stunning clock towers across the globe.
Plans unveiled for a luxury residence in Dubai
Dubai developer Binghatti has revealed its collaboration with super car manufacturer Bugatti to build the world's first Bugatti Residences in the city. The collaboration between Bugatti and Binghatti is a testament to the synergy between the two brands. Through distinctive architecture, characterised by bold and complex designs, Binghatti has brought to real estate the same craftsmanship and artistry that Bugatti has transformed the automotive industry with. In doing so, Binghatti has displayed continuous design innovation, while simultaneously preserving its heritage and DNA. The two like-minded brands - both family-founded - will create a residence that translates Bugatti's philosophy and design DNA, Art, Forme Technique, into an architectural masterpiece. The project will emulate the Bugatti experience not through merely applying design cues of Molsheim's hyper sports cars in an architectural setting, but by creating an authentic atmosphere of excellence and flair, inspired by Bugatti's design DNA. The nature of this project is also driven by expert craftsmanship and Bugatti's impeccable heritage as a French luxury brand. The architectural masterpiece created through this collaboration evokes emotions in the same way Bugatti has captured the hearts of enthusiasts all over the world since 1909.
The Bugatti Residences will reflect the serenity of the French Riviera in the heart of Dubai - an oasis of timeless art de vivre within the bustling city. Further details will be revealed at the launch of the Bugatti Residences by Binghatti where the two brands will host an event at the Coca-Cola Arena in Dubai on 24 May 2023.
Luxury residential apartment projects launched in Dubai
Dubai-based Prestige One Developments announced the launch of two luxury residential apartment projects in Dubai Sports City and Jumeirah Village Circle.
The 14-storey Vista, designed by LACASA Architects, will comprise 140 apartments. Amenities, such as an electric vehicle charging station, a landscaped jogging track, a multi-sport court, etc., will be offered in the Dubai Sports City project, which will have a total built-up area of 263,908.90 square feet.
On the other hand, The Residence, a five-floor project with 98 units, will have a built-up area of 160,837 square feet in Jumeirah Village Circle. No details were given on the cost and construction timelines of the projects.
Work to commence soon for road infrastructure project in Abu Dhabi
The Abu Dhabi Investment Office (ADIO), in collaboration with the Department of Municipalities and Transport (DMT), announced that Phase 2 of the emirate's energy-efficient Road Lighting LED public-private partnership (PPP) project had reached financial close. Nojoom, a 50-50 joint venture between EDF and ENGIE, was selected to deliver this key infrastructure project in the UAE capital. The project includes the finance, supply, installation, operation and maintenance of 133,473 LED energy-efficient luminaires in Abu Dhabi. Over the 12-year concession period, it will result in almost 2,400 million kWh of electricity savings, approximately equivalent to a 74 percent reduction in power consumption. With financial close reached, work will now commence.
The Road Lighting LED PPP project highlights DMT's adherence to the highest governance standards, social responsibility, and environmental sustainability. The project's successful implementation will result in significant energy savings and contribute to the UAE's Net Zero 2050 strategic initiative, further reinforcing DMT's commitment towards sustainable development. DMT played a critical role in the selection process of the winning consortium for the Road Lighting LED PPP project. After thoroughly evaluating the proposals submitted by pre-qualified bidders, EDF and ENGIE signed a partnership agreement with the DMT to deliver the project. The project was procured following Abu Dhabi's PPP Law and ADIO's Partnership Projects Guidebook and Environmental, Social and Governance (ESG) Policy. EDF and ENGIE signed a partnership agreement with DMT after a thorough three-stage evaluation of the proposals submitted by pre-qualified bidders. The selected consortium will deliver the project over five phases covering smaller geographical zones across Abu Dhabi to ensure the highest efficiency and sustainability standards.
Agreement signed for a major international knowledge project in Abu Dhabi
Abu Dhabi Future Energy Company (Masdar) has signed an co-operation agreement with the International Renewable Energy Agency (Irena) for a major international knowledge project setting out the means to triple global renewable energy capacity by 2030. The main objective of the project is to establish a global baseline for renewable energy, with a focus on solar, wind, hydropower, geothermal, and other technologies including battery storage, complemented by region-specific data. The MoU was signed to collaborate on a project for COP28 that will outline global targets for renewable energy by 2030. Masdar has already committed to growing its total capacity five-fold to 100GW by the end of the decade and this joint research project with Irena will emphasize the vital role of renewable energy in limiting global warming when the world comes together at COP28. The transition to renewables provides a sustainable and affordable solution to many of the challenges faced today, and have the technology to deploy at speed and scale. In 2022, a record 300 gigawatts (GW) of renewables were added and renewable power now accounts for 40% of total installed generation capacity globally. The project will also highlight the challenges faced by different regions in meeting their renewable energy ambitions and provide recommendations for action, particularly in the context of COP28.
Plans unveiled for new residential tower in Dubai
Dubai mega-developer DAMAC Properties unveil its latest project, Canal Crown. The new project will be located at Dubai Canal, neighbouring a range of new towers launched by the property developer. With affluent strokes and sophisticated waterfront living ambience, the tower will showcase the prowess of de GRISOGONO at their finest yet. Designed with attention to detail, each residence in Canal Crown will feature units boasting expansive floor-to-ceiling windows, offering panoramic views of the cityscape and Dubai Water Canal. Canal Crown will offer floor layouts of studio, 1, 2 and 3BR units. Residents will get the opportunity to enjoy aqua exercises and swim VR, giving them the opportunity to enjoy the magical depths of the ocean. The tower will feature a garden level offering a unique planet-inspired theme. In line with DAMAC's commitment to sustainable practices, the new project will incorporate eco-friendly features and technologies in a bid to create spaces that harmonise with nature while providing an opulent living environment. As one of Dubai's premier luxury real estate companies, DAMAC has an esteemed reputation for delivering exceptional properties. With Canal Crown, the company aims to solidify its position as a pioneer in the industry.
Agreement signed to install solar panels on service stations in Dubai
UAE fuel and convenience retailer ADNOC Distribution signed an agreement with Emerge, a joint venture of EDF and Masdar, to power its service stations nationwide with solar energy as part of its plan to decarbonise operations in less than 10 years. Emerge would finance, design, procure, install, commission, and maintain rooftop solar photovoltaic (PV) systems on the company's new service stations in Dubai. In addition, the solar panels used in the existing stations would be upgraded. Work on the project will begin in 2023. The ADX-listed company has 502 service stations in the UAE, of which 39 are in Dubai. ADNOC Distribution would reduce its carbon intensity by 25 per cent by 2030 by:
- Installing solar panels at service stations
- Use of biofuels to power fleet of vehicles
- Energy optimisation initiatives
- Utilisation of 'green concrete in the construction of new stations
$544mln worth construction contracts to be awarded soon in Abu Dhabi
Abu Dhabi based developer Nine Yards, a joint venture Ethmar International Holding and Al Nahda International Holding Group will soon award the enabling and main construction contracts for its two billion UAE dirhams ($544.53 million) waterfront project at Yas Bay on Yas Island. Sea La Vie, designed by architectural and engineering consultancy firm MZ Architects, will have 668 luxury housing units and is slated for handover in 2026. The developer has two to three projects in the pipeline in the UAE, and is exploring opportunities both regionally and internationally. With Sea La Vie, the developer offers interested buyers precisely that - a vibrant community at one of the most sought-after destinations on Yas Island. Sea La Vie's architect is MZ Architects. They have designed prominent projects with a commitment to utilising sustainable systems and methods and integrating aesthetics without compromising on cultural and historical significance. They are determined to incorporate sustainable practices through Sea La Vie's development, construction and maintenance phases of its life cycle to actively contribute to UAE's pursuit of achieving global net-zero targets. We plan to localise the supply chain wherever possible, generating 'in-country-value' from breaking ground to handing over the keys, minimising CO2 emissions every step of the way. Most importantly, materials and sustainable elements of every aspect of the residential towers will be strictly in compliance with Estidama and LEED for Homes.
Worlds largest & innovative residential project launched in Dubai
The Al Habtoor Group has announced the launch of one of the world's largest and most innovative sustainable landmark buildings, the 'Habtoor Tower' to be built in the prime location on Sheikh Zayed Road. The new tower will be built in Al Habtoor City. Home to Dubai's most luxurious lifestyle destinations, it was officially launched in 2016, with its three internationally branded hotels - The Habtoor Palace, LXR Hotels & Resorts, the V Hotel, Curio Collection by Hilton, and the Hilton Dubai Al Habtoor City, La Perle. Building on decades of experience acquired from Burj Al Arab, Dubai International Airport Terminals 1 and 3, the Abu Dhabi's Officers' Club, and many projects that grace the Dubai Skyline, Al Habtoor Group is proud to announce the Habtoor Tower, using innovative, creative, and selective construction techniques. A multi-billion Dirhams development, the Habtoor Tower is the largest residential building in the world with ultra-luxurious living facilities, comprising 1,701 keys over a built-up area of 3,517,313 square feet and 81 floors above ground. It is set to be completed within 36 months. As a direct effect of this innovative construction technique, a substantial saving in Co₂ emission has been achieved - less than 50% of traditional buildings' carbon emissions. Environmental experts are currently assessing our Habtoor Tower, aiming to achieve LEED Platinum Certification (Leadership in Energy and Environmental Design) from the highest authority in green building rating systems worldwide. This new project befits the country's vision to always be at the forefront of innovation, responsible development and preserving our world for the next generations. Al Habtoor Group is in the final stages of selecting the main contractor for the project based on qualifications and experience, with bids received from industry giants from the UAE, China, India and Europe.
Plans unveiled to develop infrastructure deals in UAE
Siemens aims to sign more agreements in the UAE in areas such as smart buildings, electrification and power grids. Siemens Smart Infrastructure, which is based in Switzerland, will focus on medium and low-voltage electrification as well as electric vehicle charging in the Emirates. Siemens is expected to set up 10 ultra-fast chargers on the motorways in Ras Al Khaimah, Ajman, Umm Al Quwain and Fujairah.
$23bln mixed-use development to be built in Abu Dhabi
A budget of AED85.4 billion ($23 billion) has been approved to develop integrated residential neighbourhoods in Abu Dhabi. The project will provide up to 76,000 homes and plots of land for citizens over five years, a statement from the Abu Dhabi Media Office. The scheme has been launched with the aim of improving the quality of life of Emiratis in Abu Dhabi. It will feature integrated services, as well as amenities and leisure facilities, including the construction and development of mosques, schools, public parks and green spaces. Work has started on the third phase of Al Falah housing project, which is allotted for Emiratis. The third phase is developed on a 2.1 million sq. m. area at a total investment of over AED1.92 billion ($523 million). The first and second phases of Al Falah have provided citizens with 4,857 homes since 2012.
Plans unveiled for worlds largest ocean restoration project in Dubai
URB unveils Dubai Reefs, a floating living lab for marine restoration & ecotourism. The project aims to generate more than 30,000 jobs in a green economy. Dubai Reefs consists of a sustainable floating community for marine research, regeneration & ecotourism. The project includes residential, hospitality, retail, educational & research facilities. The marine institute will be the heart of the project, working towards greater protection of the marine and coastal environment of Dubai. It aims to accelerate the marine science and conservation capacity of Dubai, whilst building the most diverse artificial reef, covering 200 square kilometres. It also aims to create a home to more than 1 billion corals & 100 million mangrove trees. The project will offer unique experiences in marine ecotourism with various floating eco lodges, all of which are powered by 100% renewable energy from various types of solar & hydropower. These include wave farms that will also produce additional clean energy for Dubai's growing population. Regenerative Ocean Farming is another key feature of the project, which is a climate friendly food production technique. Dubai's ocean will be entirely different by the end of the century if it don't take action today. It need an entrepreneurial spirit in the planning of coastal cities & the types of infrastructure as well as developments that are linked to the ocean. As an innovative coastal city, Dubai is best positioned to lead such a transformation. Beyond creating a unique resilient destination for ecotourism & marine research, Dubai Reefs aims to become a blueprint for ocean living, whilst mitigating the impacts of climate change.
New steel unit to be bulit in Abu Dhabi
Al Jazeera Steel Products Co, a publicly listed Omani company, has announced that its subsidiary in the United Arab Emirates plans to establish a medium section mill at the Khalifa Economic Zone Abu Dhabi (KEZAD) with a capacity of 450,000 metric tonnes. It's UAE-subsidiary Al Jazeera Steel Products Co LLC, has secured a land lease agreement with AD Ports Group in this regard. Plans for the new mill in Abu Dhabi received shareholder approval during the AGM in February 2022. Registration of Al Jazeera Steel Products Co LLC as a subsidiary in the UAE was successfully completed thereafter.
New residential development launched in Dubai
UAE-based Azizi Developments has just launched Azizi Vista in Dubai Studio City. The development, which is scheduled to be completed by Q4 2024, will comprise studios, one-bedroom apartments and two-bedroom residences, as well as planned social areas, two swimming pools, children’s play areas, yoga areas, BBQ areas, and beautifully landscaped gardens, among a wide range of other health and convenience focused amenities. Vista will grant young professionals and their families easy connectivity to all that the emirate has to offer, while still serving as a serene escape from the city's bustle. Azizi Vista welcomes residents to be part of one of Dubai's most popular and distinguished residential areas - Dubai Studio City. Located just outside the city, at a comfortable distance away from the bustle, yet with easy access to the emirate's many points of interest, Dubai Studio City is one of the fastest-growing business hubs for film and television production and a trendy hotspot for creative professionals. Built for young, in-vogue adults and families alike, Vista, the epitome of a modern luxury low-rise residential building, is nestled in one of Dubai's most dynamic and youthful areas, adjacent to Sports City and Motor City. Residents will benefit from a wide range of nearby amenities, including schools and colleges, medical facilities, sports and leisure attractions, and much more.
Iconic designed luxury residential project launched in Dubai
Dar Global, a luxury real estate developer in Dubai, has presented its inaugural own-brand luxury living concept, DG1. Nestled in the heart of Dubai's Business Bay, DG1 will boast captivating views of the Dubai Canal and Burj Khalifa. It offers uninterrupted views from every unit in the building, with architecture unrivalled by any other property on the Dubai Canal. DG1 embodies a novel lifestyle concept for a community of visionaries transcending borders. It features an exclusive capsule collection of luxury residences meticulously crafted to the highest standards. Gensler Architects, a world-renowned architecture, design, and planning firm, has designed the DG1 property, ensuring a unique and superior living experience. With over 7,000 professionals connected globally, Gensler Architects has created a striking architectural sculpture for residents to inhabit. This 20-storey tower comprises 221 units, including 1, 2, and 3-bedroom apartments, catering to diverse living preferences. Residents can enjoy top-notch amenities such as a state-of-the-art gym, yoga studio, multi-purpose room, and lavish outdoor facilities, including a swimming pool, barbecue area, and kids' play area. The property represents our vision of luxury living, combining sophisticated design, luxurious finishes, and remarkable craftsmanship.
Plans unveiled to set up a new medical district in Sharjah
His Highness Sheikh Dr. Sultan bin Mohammed AlQasimi, Supreme Council Member and Ruler of Sharjah, in the presence of his wife, Her Highness Sheikha Jawaher bint Mohammed Al Qasimi, Chairperson of the Board of Directors of the BEEAH Group, has approved the joint Jawaher Boston Medical District project. This first-of-its-kind collaboration in the UAE and the region led by BEEAH Group, Mass General Brigham Hospitals Network and Dana-Farber Cancer Institute is poised to set a new benchmark in the Arab world's healthcare sector with the establishment of an advanced and integrated network of healthcare systems in the emirate, featuring hospitals, laboratories, R&D centres, and more, which will all be governed by the latest international best practices. The project also expected to contribute significantly to medical studies and research fields in general, and to cancerous ailments in particular, by leveraging the expertise of the project's principal collaborators as well as other scientific and research institutes in Sharjah. The medical district built to reflect the latest design innovations in the global Healthcare industry will be located on the Emirates Bypass Road next to the Sharjah Mosque, and cover a range of specialisations, including lifestyle and prevention medicine, oncology, women's health, paediatrics, cardiovascular diseases, neurosciences, behavioural health and rehabilitation medicine. The project will also expand its robust care network to reach homes, schools, workplaces, and residential neighbourhoods in Sharjah. The project will serve the community better by providing highly advanced diagnostic and therapeutic services while also enabling medical personnel to access the latest medical studies and research. With this new project, Sharjah has become home to a pioneering global alliance featuring world leaders in medicine, research and innovation, who will together establish new standards and guidelines for the entire region.
Plans announced for fifty new luxury hotels and resorts in Saudi Arabia
Azizi Developments announced its plans to invest Dh60 billion through the launch of 50 upmarket, luxury hotels and resorts and one seven-star hotel in Dubai. The developer will add close to 20,000 new keys to Dubai's hotel stock over the next five years. The developer has already acquired most of the necessary plots of land for its hotels and is planning to launch the construction before the end of 2023. With the UAE's Tourism Strategy 2031 aiming to leverage public-private partnerships and seeking to attract over Dh100 billion in new investment in the tourism sector, the developer has decided to make a major investment in the hospitality sector. With the investment of Dh60 billion over the course of the next five years, it aims to become a major part of Dubai's promising future as a global hub for tourism.
Plans announced to develop a new facility in Ras Al Khaimah
Sunreef Yachts Middle East has entered into cooperation with RAK Maritime City for the development of a new facility in Ras Al Khaimah. This initiative is an exciting opportunity for both parties to leverage their respective strengths and resources to create a world-class facility that will serve as a hub for innovation in the region and create many new jobs. Developed on a 65,000m2 land reserve, the new facility will incorporate the latest technologies in luxury yacht building and will meet the highest standards of sustainability and energy efficiency. As part of the cooperation, both parties will work together to carry out the development of the facility, which will be able to offer a 360-degree approach to yacht manufacturing with a modern paint shop, carpentry, upholstery and stainless-steel workshops all equipped with state-of-the-art machinery and latest robotics. The first manufacturing and CNC halls are currently nearing completion. The shipyard is due to be fully operational in September 2023. The new facility will be an important part of Sunreef Yachts' global expansion strategy. It will not only strengthen the company’s presence in the Middle East but also allow a stronger connection with the Asian and Australian markets.
Being as always innovative, Sunreef Yachts entered into 'zero emission - sail into the future' program and manufactured a brand new & green technology line of Sunreef Yachts Eco. Sustainable Sunreef catamarans feature groundbreaking green tech solutions including solar panels built into the yacht's entire bodywork an industry very first. The propulsion is 100% electric, so while under sail, the yachts keep producing power thanks to a hydrogeneration system. The interior design team advises every customer on the choice of sustainable materials that can be used for the floors, countertops and overall decor. Basalt and flax fibre are being used for smaller composite structures and the technology is being developed to also use them for larger pieces. The solar power system was designed and manufactured entirely by the Sunreef Yachts team. The integration technique has made the solar panels as resistant as the composite itself. They are stronger than classic glass-integrated solar panels. Whenever needed, the panels can be easily replaced.
New luxurious residential project launched in Dubai
Sales at the Armani Beach Residences on Palm Jumeirah will start in the second-half of 2023, with the luxury project aiming for completion end 2026. The Armani Group's latest venture in Dubai sees it in alliance with the Sharjah-headquartered developer Arada. Also coming on board is Tadao Ando, who will provide the design for the beachside project. It is located on the outer crescent of the Palm. With an outstanding location on the hugely in-demand Palm Jumeirah islands, the developer is excited at the prospect of bringing this truly unique residential opportunity to Dubai.
Fit-out contract awarded for residential project in Dubai
Dar Global, a leading real estate developer, has awarded the fit-out works for the Da Vinci Tower at Business Bay, Dubai to the regional unit of top Indian construction and real estate conglomerate Shapoorji Pallonji. An AED800 million ($218 million) project, the Da Vinci Tower features 80 exclusive apartments, including high-end one-, two- and three-bedroom units and a luxurious penthouse. The avant-garde design of the Da Vinci Tower is by Pagani which will redefine the concept of luxury living in Dubai. Perched atop the Dubai Canal, each home has been meticulously designed to offer its residents breathtaking views of Dubai's iconic skyline, setting a new standard for luxury living. The AED116 million contract award comes following a rigorous selection process. The fit-out works for the Da Vinci Tower will ensure that every aspect of its interiors, including the fittings, fixtures and finishes, meet the highest standards of luxury and sophistication. The Da Vinci Tower by Pagani is part of Dar Global's portfolio of luxury residential projects that includes Urban Oasis Tower by Missoni in Dubai, Les Vagues Residences by Elie Saab in Doha, Sidra Residences in Bosnia, and Aida Master Development in Oman, which boasts a Trump Golf Club, hotel, and residences. The tower is expected to be completed in December 2025 and will offer its residents breathtaking views of Dubai's skyline, including the iconic Burj Khalifa and the Dubai Fountain.
Exclusive residential development launched in Dubai
Dubai master developer Nakheel has launched Como Residences, a new exclusive residential development on Palm Jumeriah that will offer luxurious living experiences with privacy, exclusivity and extensive premium amenities to its residents. The residences will redefine the skyline of Palm Jumeriah, with the 71-storey residential tower standing at over 300 m tall. Como Residences is limited to just 76 residences consisting of two- to seven-bedroom apartments including a spacious duplex penthouse in addition to key amenities such as an elevated private sandy beach, a 25-m lap pool and a rooftop infinity pool. The residences have been impeccably designed with luxury finishings, natural lighting and a wealth of space, with three-bedroom apartments spanning approximately 10,000 square feet of indoor and outdoor living space. The tower features an innovative design that ensures each residence can take full advantage of the 180° to 360° views of Dubai and the Arabian Sea from wrap around balconies. The development of Como Residences underlines Nakheel's commitment to enhance the quality of life for citizens, residents, and visitors of Dubai by providing elevated waterfront living experiences. Each floor of the development will be occupied by one or two residences only, served by access controlled elevators leading to individual private lobbies. The residences have been designed with high ceilings in living rooms, floor-to-ceiling thermally insulated windows, and smart home features, with some apartments featuring private swimming pools. The lobby will offer valet and concierge services while some residences will also have independent drivers' quarters, for enhanced privacy.
Work commenced on key phase of $523m villa project in Abu Dhabi
Abu Dhabi has announced that work has begun on the third phase of Al Falah housing project, coming up on a 2.1 million sq m area at a total investment of over AED1.92 billion ($523 million). The key development will feature 899 residential villas as well as other key amenities as well as allocated plots of land for commercial and community facilities. The expansion of Al Falah is the latest phase following the project's first and second phases, which have already provided citizens with 4,857 homes since 2012, and reflect the increasing urban expansion of Al Falah area. Each villa will boast five bedrooms, two Majlis (one for men and one for women), dining and living rooms, and other facilities.
Multibillion-dollar contracts terminated for sour gas development in Abu Dhabi
Abu Dhabi National Oil Company (Adnoc) has terminated two contracts covering onshore and offshore work on its multibillion-dollar Hail & Ghasha Sour Gas Development, throwing the timing of the project into doubt. The much-delayed development is among the largest oil and gas projects in the United Arab Emirates in recent years and is at the heart of Abu Dhabi’s drive to expand its gas production capacity by the end of this decade.
ADNOC terminated the project’s pre-construction services agreements (PCSAs), which were awarded to two international consortia. ADNOC is now expected to commence a new tendering process comprising multiple engineering, procurement, construction, and installation packages. The termination of these key contracts has come as a major setback for the Hail and Ghasha project, which has already experienced several years of delay.
Earth Hotels to open first GCC-based property by 2025 in Ras Al Khaimah
Earth Hotels, will open the first of its GCC-based properties in the first quarter (Q1) of 2025. Earth Shore, Marjan Island in Ras Al Khaimah will offer state-of-the-art rooms, a sustainable approach to build, and will provide visitors with an escape that inspires the adventurer within. Earth Hotels are designed to be softer on the environments that they inhabit, through careful consideration of construction methods, material selection, and energy conservation. The impressive new project Earth Shore, Marjan Island is being developed to reach an area of 300,000 sq ft, with 265 keys including resort rooms, GOAT terrace suites, and two-bedroom Sky Villas.
The destination will have direct beachfront access, a 13,000 sq ft social hub sticky lounge, and a signature stylish beach club with a dining and event space for up to 500 people.
Earth Shore, Marjan Island will offer visitors a range of lifestyle experiences, including farm-to-table dining, cooking classes, pop-up shops supporting local talent, family activities, wellness programs, and more. Earth Hotels work with leading partners in entertainment, nightlife, and fitness. Guests will be able to enjoy outdoor activities like electric motorbikes and mountain climbing, or indoor activities like CrossFit, muay Thai, and yoga.
Contract awarded for internal roads & lighting project in Dubai
Dubai’s Roads and Transport Authority (RTA) has awarded a contract for constructing internal roads and lighting works in Al Qusais Industrial Area 1, 2, 3, 4, and 5. The project encompasses the construction of 32 roads spanning 10 km, and streetlights stretching approximately 43 km. The project will boost the road intake by 200% (from 500 to 1,500 vehicles per hour in both directions), and reduce the journey time by 60%.
The construction of internal roads reflects RTA’s keenness to upgrade the infrastructure of roads, streetlights, and rainwater drainage systems in residential and industrial communities. The internal roads project in Al Qusais Industrial Areas 1, 2, 3, 4, and 5 improves the linking of Al Qusais Industrial Areas, which are served by four main streets, namely Amman Street, Beirut Street, Halab Street, and Damascus Street. It improves the entrances and exits for 320 workshops, 25 residential buildings, shops, and educational zones. The population of the area is estimated at 60,000 people.
RTA is currently working on the internal road and lighting in four residential areas, namely Margham, Lehbab, Al Lisaili, and Hatta, spanning about 37 km in total (21 km of road works and 16 km of streetlights on existing streets). The project is planned for completion by the end of this year. The internal roads project in Margham covers the construction of roads extending 8 km along the Dubai-Al Ain Road, near Skydive Dubai, along with infrastructure works that include rainwater drainage networks and streetlights. The project serves more than 1,100 residents of the neighborhood.
Plans underway to build first sustainable electric aircraft manufacturing facility in Abu Dhabi
Abu Dhabi will be home to the first facility in the Middle East to manufacture and operate sustainable electric-powered aircrafts and drones for passengers and cargo transportation. Abu Dhabi-based Monarch Airplane Manufacturing and China's EHang Holdings - a leading autonomous aerial vehicle (AAV) technology platform company, signed a partnership agreement to establish the state-of-the-art facility in the UAE capital. As per the agreement, a command-and-control centre will be established to manage the urban air mobility autonomously and build infrastructure, vertiports - take-off and landing platforms, and facilities for operating electric aircrafts and drones. The facility will provide opportunities to qualify and train Emirati talents. This partnership to manufacture and manage electric-powered aircraft and drones for cargo and passengers reflects high level of our infrastructure for advanced and smart industries and developed legislative and regulatory frameworks in the emirate, which provides an attractive environment for innovations and investments in advanced industries and technological transformation. The new project is in line with the Abu Dhabi Industrial Strategy's initiatives, including Industry 4.0's innovative technologies, new circular economy regulatory framework as well as new green policies and incentives to continue its transition towards a smart, circular, and sustainable economy.
The project will facilitate flow of goods and merchandise to sales outlets, ports, and airports, and enhance seamless trade. It will help in establishing advanced infrastructure for vertiports and autonomous flight management systems operated by artificial intelligence, supported by techniques of sustainable and electric-powered commercial aircraft and drones. It will be implemented through cooperation and partnership with local entities to enable Abu Dhabi to adopt urban aviation technologies. The venture will support the future of the transportation sector in the emirate of Abu Dhabi in line with the government's vision to enhance fundamentals of the smart city. It provides a new concept of cargo and passenger transportation, utilising advanced technologies, artificial intelligence, and sustainable energy with zero carbon emissions. The project focuses on improving smart and sustainable mobility, and will enhance Abu Dhabi's position as the smartest city in the region.
Deal signed to build 3 processing plants in Abu Dhabi
Abu Dhabi's Kezad group is adding more capacity to its food security program, by entering a 50-year land-lease deal with Al Ghurair Foods for three 'mega food processing projects'. These investments will total Dh1 billion plus. The agreement also marks the first phase of Al Ghurair Foods division's investments in KEZAD, part of AD Ports Group. The first two projects will launch the region's first-of-its-kind starch processing plant, in addition to 'one of the top broiler producers in the UAE'. The third project - details of which are set to be announced later this year, will see the company take a presence in the Abu Dhabi Food Hub - KEZAD, which will form an all-new supply market for the UAE.
$762.49 million residential project launched in Dubai
Sobha Realty is taking its upscale residential community concepts to a new location - Dubailand. It has launched an all-villa project – Sobha Reserve. It is expected to cost $762.49 million and betting on a trend that sees sustained demand for luxury standalone homes. And bigger homes too. With a lot of green - or 'forest' coverage. The Sobha villas will start from 4,900 square feet, and with an area 3.47 million square feet (or 80 acres) available. The community will be at the centre of Wadi Al Safa 2, itself part of Dubailand. There will be just over 300 villas in four- and five-bedroom configurations, each with its own luxury pool and garden. The neighbourhood offers sustainable living options and will include tree-lined walkways, exotic flower clusters, and privacy walls.
Plans underway to build residential tower in Dubai
Dubai-based Danube Properties expects to complete the 56-storey 'Fashionz Residences' in Jumeirah Village Triangle (JVT) by January 2027. The luxury project, located next to Novotel JVT, will be Dubai's first Fashion TV branded residences. The tower will have fully furnished one-, two- and three-bedroom apartments, with five parking floors, agents said, with multiple facilities such as a skating ring, aquatic gym, etc. The developer is offering a 65-35 payment plan with a 35-month post-handover plan. The anticipated service charge is 16 UAE dirhams per square foot.
Plans underway to build largest ground breaking facility in Abu Dhabi
Emtelle and KEZAD Group have recently joined forces to construct a groundbreaking facility in Abu Dhabi, UAE, that will revolutionize the production and distribution of blown fiber units and ducted network solutions. The state-of-the-art facility is one of the largest of its kind in the world and is set to drive innovation and growth in the region. The ground-breaking represents the beginning of Phase 1 of the three phases of development of this Emtelle facility, which is being jointly overseen by KEZAD under its Build-to-Suit solution. Emtelle plans to invest approximately US$50 million over the three phases of the development. Construction work has started for the new state-of-the-art facility in Abu Dhabi, which will house our manufacturing facility, distribution centre and R&D innovation Centre. Emtelle is a company that prides itself in its R&D capability to deliver continuous innovation in high-quality blown fibre solutions. The development of this facility under our Build-to-Suit service provides it's clients with a customised solution to develop in line with their requirements and budget and according to their specifications.
New residential community project launched in Dubai
UAE-based Azizi Developments has announced its new project, Azizi Amber, at Al Furjan community in Dubai featuring a mix of studios, one-, two- and three-bedroom residences, as well as several premium amenities. The development, scheduled to be completed in Q4 2024, also boasts a variety of retail and dine-in options, landscaped walking areas, a well-equipped gymnasium, children's play areas, two swimming pools, ample parking and 24-hour security. Strategically located, this project is nestled within a booming community, amidst lush greenery and mega-retail stores. With it being in the highly growth-inclined Al Furjan, with easy access to many of the emirate's key points of interest, facilitated by its direct highway and metro-line connectivity, yet with it being a comfortable distance away from the hectic city life, Amber grants residents a next-generation, healthy and convenient lifestyle that is truly unique.
Plans revealed for upgrading cooling plant in Dubai
Dubai-listed cooling company Empower will spend AED 102 million ($27.8) million to upgrade its District Cooling Plant in Jumeirah Beach Residence (JBR). The company did not name the contractor, but said the work is expected to be completed by 2025. The project will incorporate cutting-edge technologies to improve the energy efficiency and reliability of the cooling system. The upgrade is the plant's third since its completion 19 years ago, with the first taking place in 2016, and will contribute to achieving savings in energy, increasing efficiency and significantly reducing carbon emissions, and relieving pressure on the national power grid. The plant serves JBR and Bluewaters areas including the area's many luxury hotels, such as Caesars Palace and the Address Beach Resort as well as attractions Ain Dubai and the Madame Tussauds Dubai.
New luxury residential tower launched in Dubai
Leading Dubai developer Damac Properties has officially announced the launch of Damac Bay 2 by Cavalli. The sequel to the UAE's developer's three-building Damac Bay property, which is located along the same shoreline within Dubai Harbour, Damac Bay 2 features the finest on-property facilities to transport residents into a lavish wildlife-inspired oasis. Designed by the iconic Roberto Cavalli brand, this opulent high rise tower aims to offer residents a high-end lifestyle complimented by an enthralling natural ambiance. Located at the intersection of the iconic Palm Jumeirah and Bluewaters Island, the project has the advantage of being situated in the midpoint between Dubai International Airport and Al Maktoum International, and is only minutes away from some of Dubai's most beloved landmarks, beaches and world-famous attractions. The amenities within newest luxury property compliment the tower's floorplans, offering residents a quintessential getaway with housing choices ranging from premium one-bedroom apartments to five-bedroom super luxury deluxe suites.
Ground broken for a warehouse development project in Dubai
Al Nasser Properties LLC a leading name in UAE’s real estate industry, celebrated a milestone by marking the ground-breaking ceremony for their new warehouse development project located in Al Quoz Industrial Area in Dubai. The multi-million Dirhams warehouse facility will be built on 25,000 Sqm plot and is scheduled for completion in Q1 2024. Once completed the facility will house modern modular warehouses for meeting scalability requirement of occupiers, office & pantry space inside each warehouse, wide drive ways, sufficient power provisions, parking and common area amenities. The project is designed by leading architects - M/s Abdul Rahim Architectural Consultant (ARACO) who are also the project supervisors, while the main contractor is M/s City Nights Contracting who have a successful track record of delivering multiple warehouse projects across the UAE.
New endowment project launched in Dubai
Dubai's Endowments and Minors' Trust Foundation (Dubai Endowment) has announced the launch of a Well of Water Endowment Project aimed at contributing to Dubai's global water aid efforts. The project scope includes the development of four residential villas on a 19,880 sq ft of land in the Al Rashidiya area of Dubai. Valued at AED9 million, the four G+1 buildings cover a total area of 14,595 sq ft. The expected annual returns account for about 10% of the project value.
This initiative is a part of independent Well of Water endowment projects commenced by Dubai Endowment in 2019. The annual proceeds from the endowment will be dedicated to implementing sustainable projects to provide water to many communities that lack potable water sources in developing countries suffering from natural disasters. This is the Foundation's second endowment project dedicated to supporting the Well of Hope campaign launched to provide clean water to disadvantaged communities across the world.
New luxury residential development launched in Dubai
Dubai luxury project developer Damac Properties has announced the launch of Canal Heights 2, a 45-storey tower in Dubai offering luxury waterfront living, amidst the city's starlit financial and shopping backdrop. This comes soon after the successful launch of the first branded tower within its Canal Heights project. Located on the shores of Dubai Canal in the heart of Business Bay, Canal Heights 2 will embody the essence of blue topaz in its interiors, which are co-branded by Swiss jeweller de Grisogono. The new tower is set to bring as much exuberance as its predecessor and promises glitz, glamour, and indulgence packed into a fine product for today's discerning clientele who chooses modern luxury living options. Featuring a design that will be dressed in illuminated hues of blue, a unique offering of the tower is its stars lake – an infinity lap pool, which will sparkle and glow from its bioluminescent edge. Canal Heights 2 will offer a range of layouts from studio, one-, two- and three-bedroom apartments as well as three- and four-bedroom super luxury duplexes with views of Business Bay district, and Sheikh Zayed Road. The building will include a beauty salon that will offer the finest treatments within an exclusively designed interior that promises to emanate rejuvenating and relaxing energies.
$54.4 million residential development launched in Dubai
Iman Developers, a leading Dubai-based luxury residential developer has announced the launch of Oxford Gardens, its AED 200 million ($54.4 million) modern community that seamlessly blends contemporary living with nature. Spread over a 165,000 sq ft area, this is the ninth project to be included in Iman Developer's residential development portfolio. Around 60,000 sq ft area has been dedicated to amenities that cater to every need of residents. The prices of the units are as follows:
Standard studio size: 400-450 sq ft with prices starting from AED535,000
Typical bedroom size: 650-800 sq ft with AED790,000 starting price
Typical two-bedroom size: 1200-1600 sq ft with AED1.1 million starting price.
It has been designed to offer a diverse range of living spaces that suit the needs of different buyers. The community will cater to the needs of people belonging to different cultures with premium amenities including a rooftop infinity pool, leisure pool, gym, yoga area, indoor and outdoor kids play area, jacuzzi, sauna, steam room and EV charging stations.
New $1.2mn ultra-luxury residential development launched in Dubai
Kappa Acca Real Estate, a real estate development subsidiary of Khamas Group, has recently signed an agreement with Marriott International to introduce The Ritz-Carlton Residences in Business Bay to the country. The development consists of a limited collection of 73 furnished apartments and penthouses, each echoing a certain style. They allow both form and function to synchronise, creating multi-functional spaces for buyers. The Residences will feature a range of amenities, including a state-of-the-art gym, signature spa, resident-only theatre and cafe, and round-the-clock concierge service. Additionally, a comprehensive selection of essential and a la carte services will be available, such as airline/private air reservations and transportation arrangements, restaurant reservations throughout the UAE, pet care and grooming services, butler services, personal chef services, grocery shopping, and vacant home care. Knight Frank, a leading independent real estate consultancy in Dubai, has been tasked to represent the Khamas Group in the city. The Ritz-Carlton Residences will resonate with an audience of homeowners from the UAE and around the globe looking for a new, service-rich and beautifully designed living experience. The signing of The Ritz-Carlton Residences, Dubai, Business Bay represents an unparalleled level of timeless luxury living in the heart of the city and a significant addition to Marriott International's branded residences portfolio. The residences have already begun the first round of sales, with prospective buyers able to take their pick of the 73 phenomenal residences on offer. The project is expected to be handed over in Q2 of 2025.
Consultancy contracts signed for a master community development in Dubai
As per this agreement, Energoprojekt Entel will provide consultancy services for a 132/11kV sub-station. The substations will be built in compliance with Dewa's regulations and specifications under the supervision of the consultant. These works will help provide power supply and accelerate progress to development activities at Damac Lagoons.
A contract for consultancy services for three of the community's clusters, including Malta, Nice 1 and Nice 2 was awarded to BHNS Engineering Consultants. A similar contract has been awarded to Khatib & Alami for the Nice 3, Costa Brava villa package and Portofino clusters.
Work is progressing well across all clusters as part of phase 1 of the Damac Lagoons development.
New occupational healthcare facility launched in Dubai
ENOC Group marked the ground-breaking of its occupational screening facility located in Jebel Ali to support the health and social welfare of both its staff and the wider industrial community. Group CEO at ENOC, laid the foundation stone in the presence of Director-General of the Dubai Health Authority (DHA), and senior officials from DHA and ENOC. Developed in collaboration with DHA, the new ENOC Occupational Health Service Centre (EOHSC) will provide occupational health and specialised testing solutions to improve employee health and productivity and ensure a safe and satisfactory workplace environment for all employees at ENOC and the local industrial sector in general. Expected to open in the first half of 2024, the new centre will offer comprehensive screening health and support services across the Group. It will also facilitate such services for all industrial and commercial sectors across Dubai with medical tests for visa requirements, fitness tests, advanced occupational health tests, and consultations for referrals.
Located in the populated Jebel Ali Industrial area, EOHSC will cater to the needs of the industrial workforce in the area whilst supporting DHA's goals of providing a full range of fitness and pre-employment health screening services for residents through new centres across the emirate. Fully compliant with all the mandatory medical guidelines laid out by both DHA and ENOC, the new centre will also demonstrate its commitment to excellence by implementing proven practices to improve healthcare quality and patient safety and will achieve a Joint Commission International (JCI) accreditation. The new ENOC Occupational Health Service Centre will provide professional and superior occupational health solutions that fit each organisation's unique needs. By laying the framework for building a safe and satisfactory working environment, the occupational health services provided at EOHSC will prolong employees' working age, decrease absenteeism, help improve performance, and boost employee health, productivity, and well-being.
204-unit residential development launched in Abu Dhabi
Aldar Properties has announced the launch of a limited number of apartments at The Source, a new living experience that sits within the company's landmark cultural destination, Saadiyat Grove. The Source is Aldar's first wellness development – a community specifically designed with residents' holistic health and well-being at its core. The low-rise community has 204 apartments and penthouses and provides residents with a range of offerings that cover all aspects of physical and mental well-being, from wearables and sleep apps to meditation rooms and premium fitness facilities. The Source is also proactively designed with carefully selected materials, colours, and bioorganic architecture to offer a wellness environment and an elevated living experience. Residents will have access to a full suite of amenities, including yoga, pilates and meditation rooms, gyms, pools, thermal suites and saunas, outdoor and indoor play areas, squash courts, and an exclusive residents' lounge.
The Source represents a compelling addition to the Saadiyat Grove development, bringing a totally new living concept to the destination. The Source also has social and environmental sustainability measures across all aspects of the project. Targeting a minimum of a 2 Pearl Estidama rating, the project will feature sustainable design elements that reduce carbon emissions and water usage throughout the design, build, and living phases of the development. Construction is set to start in Q4 2023, with handovers estimated for Q3 2026. Located at the heart of Saadiyat Cultural District, residents at The Source will enjoy views of Saadiyat Grove, particularly Zayed National Museum. They will also have a cultural playground to explore on their doorstep with kilometres of walkways, running and cycle tracks, and beaches set against the backdrop of some of UAE's existing and upcoming cultural landmarks. The Source will also be within walking distance to the Mamsha Al Saadiyat, Soul Beach, teamLab Phenomena and residents will have direct access to Saadiyat Grove's 55,000m2 of experiential retail, entertainment, and leisure spaces. Homes at The Source range from 1-bedroom, 2-bedroom, 2-bedroom + maid, and 3-bedroom apartments. Each property also comes with a choice of two themes for interior finishing to cater to individual customer preferences.
$54m residential tower launched in Dubai
First premium residential community launched in Dubai
Meraas, the Dubai-based master developer of destinations and real estate projects, has launched Design Quarter at d3, the first premium residential community set with the creative hub. Dubai Design District (d3), a member of TECOM Group, is a cornerstone of Dubai's creative economy. The global creative hub is home to some of the world's leading creative brands, designers, studios, and entrepreneurs. It hosts a number of high-profile events and experiences, including Dubai Fashion Week (formerly known as Arab Fashion Week), Dubai Design Week, and Sole DXB. In its first foray into the district, Meraas is now offering residents and investors an opportunity to live at the heart of Dubai's creative community, which also contains high-end fashion and lifestyle boutiques, art galleries, studios, and a variety of restaurants and cafes. The first phase of Design Quarter at d3 will consist of 558 units across three towers, with two podiums from G+10 up to G+43. Construction is set to begin this year, and is expected to be completed by May 2027. Design Quarter at d3 follows in the footsteps of previously successful Meraas projects, such as City Walk and Bluewaters. The new residential offering is positioned at the heart of the d3 neighbourhood and adds a crucial third pillar to the mixed-use development – living. Located ten minutes from Downtown Dubai, the residential community will offer a selection of spacious and modern one-, two-, and three-bedroom lofts, duplexes, and penthouses, supplemented with views of Burj Khalifa and Dubai Water Canal. It will be strategically connected to all major highways around d3. The project also aligns with Dubai's 2040 Urban Master Plan and residents will be able to avail of amenities such as a double-level infinity pool, gym, gardens connected with jogging tracks, and tennis and basketball courts, all of which are aimed at encouraging an active lifestyle.
Agreements signed for new renewable power plant in Dubai
A leader in energy efficiency in buildings and renewable projects in the region, Etihad Esco's agreement was mainly aimed at strengthening bilateral collaboration in the field of renewable energy. It is in line with the national sustainability promotion strategies and further enhances customer experiences. DGW remains committed to developing a sustainable and integrated service ecosystem that is supported by collaboration with leading businesses and institutions across a range of industries. The agreement reflects their commitment to collaborate with relevant entities that embrace ambitious national objectives and visions and set the groundwork for a green economy. Etihad Esco will continue to assist Dubai's goal of being one of the most sustainable cities in the world, as evidenced by the group's support for the usage of renewable energy in accordance with the Dubai Demand Side Management Strategy 2030.
New luxury residential project launched in Abu Dhabi
Abu Dhabi-based developer Nine Yards, a joint venture between Ethmar International Holding and Al Nahda International Holding, launched a two billion UAE dirhams ($544.53 million) waterfront project at Yas Bay on Yas Island. Sea La Vie, a luxury residential development, will offer one to four-bedroom apartments, lofts, townhouses, duplexes and penthouses. Nine Yards aims to positively contribute to Abu Dhabi's long-term development as a sustainable, diversified, globally-integrated economy. The real estate market in Abu Dhabi and the UAE is witnessing a huge increase in demand from local, regional and international buyers and investors, with luxury-minded customers from around the world keen to buy properties.
New agreement signed for district cooling services in Dubai
Emirates Central Cooling Systems Corporation (Empower) has signed an agreement with leading UAE developer Sobha Realty to provide its district cooling services to the Sobha Hartland master community with a capacity of 17,000 refrigeration tons (RT). As per the agreement, Sobha Hartland will join Empower's extensive district cooling portfolio, while Empower will provide key district cooling services across eight buildings of Sobha Hartland by extending the distribution network from company's Meydan district cooling project. It will start serving the first two buildings during the current year, through a dedicated pipeline network to transmit and distribute district cooling energy extending from the Meydan plant, which has a cooling capacity of 45,000 RT and uses advanced technologies. It was in line with the group's dedication to supporting the UAE's sustainability-focused programmes, such as the Net Zero Strategic Initiative 2050.
MoU signed to build the first vertiport in Ras Al Khaimah
VPorts, a Canada-based designer, developer and operator of Advanced Air Mobility (AAM) infrastructure, has signed a memorandum of understanding (MOU) with Ras Al Khaimah (RAK) Airport to build and operate the first vertiport in Ras Al Khaimah. The RAK vertiport, which will be established on a 10,000-square-metre (sqm) site, will be designed for all types of electric vertical take-off and landing (eVTOL) aircraft. VPorts' initial growth strategy is based on the regional transportation of goods, tourism and the efficient movement of patients, organs for transplants and medical equipment. The vertiports will be opened for all eVTOLs manufacturers.
This project will enable all AAM partners to accelerate the adoption and deployment of advanced air mobility in RAK and throughout the UAE. The project will position RAK Airport as part of a development plan and key player in advanced air mobility in RAK. VPorts plans to extend its vertiport network to all major industrial areas across the UAE and will focus on locations in Ras Al-Khaimah, Dubai South, Jebel Ali, Abu Dhabi and Sharjah.
New luxury residential project launched in Dubai
LEOS International, a leading luxury property developer with presence in UK and Middle East, has announced the launch of Hadley Heights, its first premium residential property development featuring 216 apartments in Jumeirah Village Circle, Dubai. Hadley Heights is a high-end residential building that fosters a lifestyle of luxury, elegance, and modern living by melding city convenience and neighbourhood tranquillity. The estate, which epitomises excellence through design principles, has 216 convenient yet elegant apartments, including studios, one-, and two-bedroom units. Each unit is creatively and intelligently designed in neutral earth colours and Nordic-styled minimalist functionalities to showcase its commitment to exuding elegance in convenience and most importantly, to carry out Hadley Heights' mission to not only design spaces to be lived in, but also, to be loved. Hadley Heights also has a variety of practical amenities including a bicycle and move-in truck parking, as well as an opulent lobby reception area with a lounge, outdoor terraces, and retail spaces. It is also surrounded by pocket gardens and lush greenery, bringing everyone closer to nature. The property also has 24-hour security, keeping residents safe at all times. The contemporary kitchen is a haven for anyone who enjoys working in an aesthetically organised, tidy workplace when preparing food, thanks to the meticulous detailing, ultra-modern breakfast counter, and smart features. Meanwhile, the bathroom has a stylish, distinct spa-like atmosphere, with its stark white wall tiling and plush porcelain flooring highlighting the feature walls decorated with modern mirror cabinets and shelving for essential storage. Hadley Heights will be the first of many developmental projects coming from LEOS. Hadley Heights aims to combine luxury and serenity while providing convenient access to city living. This development includes luxury fit-outs to make your home your tranquil nest, amenities for families to enjoy and a variety of lush, green areas to allow unit owners space to relax and rejuvenate.
A new commercial hub launched in Abu Dhabi
AD Ports Group, a leading facilitator of trade, logistics, and industry in Abu Dhabi, has announced the opening of its digital district - a new commercial hub in Zayed Port dedicated to Abu Dhabi's digital trade and logistics services. The Digital District is the first building constructed within the Digital Harbour project, which will cover a 370,000 sq m area, with the capacity to host more than 20,000 innovators, researchers and digital experts. The opening marks the start of the first phase of development of Abu Dhabi's Digital Harbour, a cornerstone of the development plan to position Zayed Port as a unique destination for trade and investment services.
New seafront residential project has launched in Dubai
Deyaar Development has launched its seafront project Mar Casa with a total value of AED1.1 billion. A residential destination at Dubai Maritime City where heritage meets modernity, Mar Casa is connected to the old city, the financial centre of Dubai and the Jumeirah area. Mar Casa presents an iconic architecture that seamlessly blends the beauty of the sea with the cutting-edge design of a modern metropolis, and features amenities, smart and sustainable infrastructure and quality of construction. The unique sea wave-inspired façade of the project creates a harmonious connection between land and sea. Comprising 1, 2, and 3-bedroom apartments and penthouses which boast floor-to-ceiling windows and balconies, the 52-floor Mar Casa residential tower is slated to become a true landmark in Dubai Maritime City. The project offers a full floor of recreational amenities such as an indoor and outdoor residents' lounge, padel court, yoga and breakout spaces, pools, kids play area, and kids club. Every apartment and penthouse at Mar Casa is a smart home equipped with advanced IP intercoms, and smart access and lighting control systems. All units also come packed with premium-brand appliances.
New residential plots for sale announced in Dubai
MAG, a leading real estate developer in the UAE, has announced the launch of 90 villa plots for sale at its Keturah Reserve, a AED3 billion ($816 million) luxury residential project in Mohammed Bin Rashid City, District 7 in Meydan, which offers transformational living through the design of space. The plots, which range from 480 to 1,080 sq m, will enable buyers to develop their own villas in line with the overall Keturah Reserve master development, scheduled for completion by Q2 2025. In addition to this, Keturah Reserve will also feature 93 townhouses and 540 units across six apartment block buildings, and eight penthouse apartments. The project is the first residential development in the Middle East to immerse residents in nature through Bio Living to improve the physical, mental and emotional well-being of its occupants. A mega project, Keturah Reserve has been conceived to create a thriving and harmonious community with communal spaces like The Park, the outdoor pool, women's and men's gyms, and spas. The project is uniquely conceived and designed, each of its details crafted with care to elevate and enrich the lives of every generation of its residents. Keturah Reserve's homes are angled to capture and maximise natural daylight, gently diffusing it throughout the interior without heat or glare; double-volume interior spaces increase the flow of naturally cooled air, reducing the need for air conditioning. The open-plan spaces are also designed without corridors or hallways, with custom-designed furniture and fixtures produced for each space to optimise the flow of passage.
Largest rooftop solar project launched in Abu Dhabi
Miral, the creator of immersive destinations and experiences in Abu Dhabi, has joined hands with Emerge for the launch of a 7MWp rooftop solar photovoltaic (PV) project at Warner Bros World Abu Dhabi on Yas Island, thus making it the largest rooftop solar project in the UAE capital. Emerge, a joint venture between Emirati renewable energy company Masdar and French utility group EDF, is also collaborating with Miral on the development of rooftop solar PV systems at its SeaWorld Abu Dhabi theme park, also on Yas Island which is set to open this year. As per the agreement, Emerge will provide a full turnkey solution, including design, procurement, and construction, as well as operation and maintenance services. On the new rooftop solar project, Miral said an estimated 16,000 solar modules across the theme park's roof area of 36,000 sq m, producing nearly 40% of its annual energy demand, makes Warner Bros. World Abu Dhabi the region's largest solar-powered theme park. The project agreement includes a full turnkey solution for the Warner Bros. World Abu Dhabi rooftop solar, covering design, procurement, construction, and operation and maintenance of the plant. The project contributes to the UAE's Energy Strategy 2050 target, which aims to see renewable energy make up 44% of the country's clean energy mix by 2050. World Abu Dhabi rooftop project further demonstrates the economic and environmental value of solar energy.
Plans announced for new villas & townhouses in Dubai
Expo City Dubai will begin selling homes as it launches the first phase of its new residential developments – Expo Valley and Expo Central. The developments will be built on the standards of Expo 2020 Dubai to redefine urban living with a 'smart, sustainable, and people-centric' city of the future. Considered an integral part of the Dubai 2040 Urban Master Plan, the developments are said to focus on 'well-being and happiness' while keeping in mind the overarching goal to maintain a clean and green environment. Adjacent to the main World Expo site, the Expo Valley features villas and townhouses dispersed throughout a native landscape that overlooks a nature reserve, lake, and a wadi. The development's unusual topography creates a microclimate that lowers temperatures and provides a natural buffer against noise and dust. Featuring car-free lanes and dedicated tracks for cycles and e-scooters, Expo Valley is a community fitted with recreational, educational, and wellness opportunities, farm-to-table dining and convenient retail options, with easy access to all the attractions of Expo City Dubai via a 'green link' corridor for pedestrians, cyclists, and autonomous vehicles.
The first phase of the neighbourhood consists of 165 units – a mix of five-bedroom independent villas, four- and five-bedroom duets (semi-detached villas) and three- and four-bedroom townhouses, with prices starting at $926k. On another note, the Expo Central community will be located at the heart of the Expo site, consisting of three apartment clusters, each with its own design philosophy and target audience. Mangrove Residences is the first cluster to launch, with its three towers within a five-minute walk from the city's facilities and attractions. The first phase comprises 450 luxury and premium residences, priced from $326.9k, include one- to three-bed apartments, four-bed loft apartments and three-bed townhouses, all providing smart, tech-enabled living environments and access to podium gardens and sky terraces. Mangrove Residences will feature pedestrian-friendly avenues, green public spaces, swimming pools, play areas, gyms, retail and F&B. Two more clusters – Sky Residences and Sidr Residences – will launch in the near future. The first phase will be completed in January 2026.
Latest residential development project launched in Abu Dhabi
Aldar Properties has announced the launch of Reeman Living, a new residential development that brings design-led urban living to Aldar’s Alreeman project in the Al Shamkha neighbourhood of Abu Dhabi. The project provides a selection of vibrant and inclusive communities within prime areas of Abu Dhabi. The development also offers bespoke design elements and colour palettes, efficient storage spaces, and an adaptable environment. 630 of the development's 1,050 units will be available for purchase during the first phase of the launch. Spread across five low-rise buildings, studios, one-bed, two-bed, and three-bed apartments. As part of Aldar’s commitment to sustainability, the residential buildings at Reeman Living will feature several sustainable design and building measures including green building technologies and efficient fixtures to conserve water energy. The buildings have been designed to achieve a two-pearl rating, as per the Estidama sustainability rating system, exceeding the latest standards set in the UAE.
$63.7m infrastructure contracts signed in Abu Dhabi
Combined Group Contracting (CGC) Company Emirates L.L.C., a subsidiary of Combined Group Contracting Company, Kuwait announced that it has signed three new contracts in Abu Dhabi, UAE. The combined value of the contracts is AED 234.2 million. The Project was awarded by Aldar Projects L.L.C. Works includes following three packages: Package 1 Concerning Internal Roads and infrastructure for the newly developed lands in Al Shahama Area - 223 Residential Plots. Duration of the project is 518 Days. Package 2 Concerning Infrastructure Construction in Sector 19- Zayed City. Duration of the project is 487 Days. Package 3 Concerning Rehabilitation of the infrastructure of the Newly developed residential lands in Sila (104 Housing plots) – Duration of the project is 518 Days.
Official handover of 112 residential plots in Abu Dhabi
Leading UAE developers Jubail Island Investment Company and LEAD Development has celebrated the official handover of the title deed of the first of its 112 residential plots within the Jubail Island, a $3.26 billion master-planned development in Abu Dhabi, to the owner. The handover signifies the first of 112 private land plots ready for their owners to take possession, underscoring LEAD Development's commitment to finishing the project on time. Following the completion of major infrastructure works and the energisation of the electrical substations, LEAD Development has invited buyers to come and receive their title deeds, after which they can start developing their mansions on plots ranging from 2,000m2 to 35,000m2. Buyers will be able to enjoy picturesque water views with frontages ranging from 35 to 120 meters. The plot owners have been working closely with LEAD Development to finalise their private residential designs. While work begins on constructing private mansions, LEAD Development will be working to landscape the project's public spaces and complete the construction of villas in time to meet the next tranche of property handovers scheduled for September 2023.
The masterplan for Jubail Island was designed to maximise the island's natural beauty and ecological diversity while providing world-class amenities and infrastructure to support a thriving community. The master plan includes several world-class amenities, including the town centre, a marina with a members-only yacht club, a beach club, multiple gyms, up to 1 million sqm of parks and open spaces, and various retail and dining options. These amenities are designed to create a luxurious and sophisticated destination that attracts residents and visitors worldwide.
Ultra-luxury mansions launched in Sharjah
Leading UAE developer Arada has introduced ultra-luxury home sales for the first time in Sharjah with the launch of Sarai, the fifth phase at its Woodland Megaproject Masaar. With prices starting from AED20 million ($5.4 million) onwards, the inclusion of a limited selection of 36 mansions in this phase of the fast-selling development comes amidst growing demand for ultra-luxury properties both in Sharjah and across the UAE. The exclusive Sarai district offers two types of six-bedroom mansions spread over three or four floors, providing increased privacy with all homes offering high-ceiling foyers, expansive terraces and lounges, spacious gardens and English courtyards, basements with home entertainment, gyms and saunas, swimming pools and outdoor sunken areas.
Unveiling the project, Sarai is favourably located at the centre of the Masaar master plan, with all homes within easy walking distance from Masaar Central, the community hub which features ample entertainment, leisure, wellness and fitness facilities along with direct access to Masaar's signature forested landscape, outdoor amphitheatre, children's waterplay area and a skate park. All of these mansions offer separate maid's, driver’s and storage rooms. The largest, four-floor mansion type is equipped with a lift, with the expansive top floor of the home exclusively devoted to a master suite and terrace. Every mansion in Sarai will be completed by the end of 2025.
New 132/11 kV substation commissioned in Dubai
Dubai Electricity and Water Authority (DEWA) announced it has commissioned a 132/11 kV substation with a conversion capacity of 150 megavolt-amperes (MVA) at Majid Al Futtaim Development's Tilal Al Ghaf mixed-use project in Dubai. The substation project also included 300 metres of 132kV ground cable to connect it to the main transmission network.
$217.8m Contract awarded for corridor improvement project in Dubai
In response to complete Al Shindagha Corridor Improvement Project to serve the needs of the extensive urban and demographic growth along the corridor, The Roads and Transport Authority (RTA) has awarded the first contract under Phase 4 of Al Shindagha Corridor Improvement Project. The project aims to keep pace with the continuous development of the locality while catering to the demands of urban expansion and population growth. The scope of this AED800 million contract extends 4.8 km along Sheikh Rashid Road from the intersection with Sheikh Khalifa bin Zayed Street to the Falcon Interchange on Al Mina Road. The project involves constructing three bridges spanning 3.1 km in total, capable of accommodating 19,400 vehicles per hour across all lanes. Al Shindagha Corridor Improvement Project, which spans 13 km along Sheikh Rashid Road, Al Mina Road, Al Khaleej Street, and Cairo Street, contributes to a smooth traffic flow along the Corridor. It will also enhance roads capacity and efficiency as well as traffic safety. Phase 4 includes the construction of three bridges, the first is a 3-lane bridge stretching 1335m to ensure a smooth traffic flow between Sheikh Rashid Road and Falcon Intersection with a capacity of 10,800 vehicles per hour in both directions. The second is a 3-lane bridge extending 780m to serve the traffic inbound from Falcon Interchange heading to Al Wasl Road with a capacity of 5,400 vehicles per hour. The third is a 2-lane bridge extending 985m to serve the traffic inbound from Jumeirah Street heading to Al Mina Road in the direction of Falcon Interchange with a capacity of 3,200 vehicles per hour. The project also includes the construction of streets extending 4.8 km, and the improvement of surface intersections at Jumeirah Street, Al Mina Road and Sheikh Sabah Al Ahmed Al Jabir Al Sabah Street. It also covers the construction of two footbridges: the first on Sheikh Rashid Road, and the second on Al Mina Road in addition to streetlighting works, traffic systems, rainwater drainage networks, and irrigation networks.
Worlds toughest solar PV introduced in Dubai
ALEC Energy, the related business division of ALEC Engineering and Contracting, has announced a partnership with Solar Earth, the North American solar firm behind the development of the world’s most rugged pavement integrated photovoltaic (PIPV) solution. The partnership was announced at an industry event held at ALEC Group's modular construction facility in Dubai and featured a showcase of the technology developed by Solar Earth. This included a demonstration of the capabilities of the pavement integrated photovoltaic solution. The technology will enable governments and private enterprises to confidently carry out wide-scale solarisation of hardscape infrastructure assets. These would include pavements, roads, plazas, and parking lots being turned into clean energy generating assets.
During the demonstration, ALEC Energy utilised 24sqm solar cells connected to a 22kW electric vehicle charger, while also commencing its 461 kilowatt peak solar plant at the modular construction factory for the generation of enough energy needed for the facility's main office building. With countries across the GCC clearly outlining intentions to achieve Net Zero by as early as 2050, regional governments are turning to the private sectors to help pioneer advancements in the future of responsible energy production & soon to see UAE taking the lead in innovation, clean energy, and net-zero action. Partnership with ALEC Energy, and the landing of this first shipment in the UAE sets the tone for COP28 and the country's commitment to doing, not just talking, about its Net Zero goals. Solar Earth panels are skid resistant and unlike their traditional counterparts, they have been designed to be extremely rugged - able to withstand up to 5 tonnes of weight and harsh weather conditions. Consequently, these panels enable public and private sector entities to take traditional sunk costs infrastructure and provide a return on investment, by transforming these into dual-use, revenue-generating surfaces.
New agreement signed for development of integrated smart city in Abu Dhabi
A new 20 million sqm 'integrated smart city', focused on renewable energy and sustainability, will be developed in Abu Dhabi's Ghantoot region. ADX-listed Q Holding and ORA Real Estate Development Group have signed a partnership agreement to build the smart city. The costs involved in building the smart city are yet to be revealed. This project is an essential addition to Q Holding's real estate investment portfolio, furthering its ambitious plans to expand in the country's real estate market. The partnership would significantly support Abu Dhabi's local economy and encourage real estate investment in the capital city. The integrated city will provide the community with residential, hotel, cultural, commercial, sporting and recreational services, focusing on renewable energy and sustainability.
$37.2 Million contract awarded for roads & infrastructure works in Dubai
Dubai luxury project developer Damac Properties has awarded a contract worth over AED137 million ($37.2 million) to Proscape for roads and infrastructure works at three clusters within the Damac Lagoons master community development in Dubailand. The scope of work includes provision of construction, completion, testing, commissioning and maintenance of the roads and infrastructure services of the Nice, Costa Brava, and Portofino clusters. The Nice cluster is slated to offer a refreshing escape for those seeking the classic French Riviera vibes in Dubai, and will feature a Youth Hub, offering fitness enthusiasts with bicycle trails. The Portofino cluster is designed to recreate the feel of the Italian Riviera offering a collection of townhouses and villas. This cluster will provide a unique combination of work and leisure avenues under a dreamy atmosphere. Costa Brava brings the charm of the Catalonia region to Dubai, and is aimed to be the adrenaline hub of the community with rock-climbing, indoor snorkelling, kayaking, paddle surfing and other exciting water adventures.
$252m contract awarded for hybrid power land rigs in Abu Dhabi
ADNOC Drilling Company PJSC announced that it has signed an agreement to purchase ten newbuild hybrid power land drilling rigs for a total of $252 million. The use of hybrid power solutions is an essential element of ADNOC Drilling’s rigorous decarbonization strategy as the Company contributes to ADNOC’s commitment to reduce greenhouse gas intensity by 25% by 2030, as well as the UAE Net Zero by 2050 strategic initiative. Each of the rigs will have the provision to be connected to the electrical grid with minimum adjustment, depending on rig location and the availability of grid power, further reducing emissions.
These new rigs are central to increasing ADNOC Drilling’s operational onshore capacity and are a direct response to ADNOC’s accelerated production capacity targets. The Company is a key enabler of ADNOC’s accelerated production capacity targets of five million barrels of lower carbon intensity crude per day by 2027, and achieving gas self-sufficiency for the UAE. The rigs will progressively enter the fleet from the fourth quarter of 2023, with partial revenue and EBITDA contribution from 2024 and full year annual contribution from all rigs in 2025. They are the first new land rigs acquired as part of updated guidance which will see peak-owned rig count of 142 by the end of 2024, which compares to IPO guidance of 127 rigs by the end of 2030.
Agreement signed for a manufacturing facility in Abu Dhabi
Emtelle, a leading global manufacturer of passive fibre-optic network solutions, and Khalifa Economic Zones Abu Dhabi - Kezad Group, announced that they have signed an agreement to build one of the world’s largest facilities for the manufacture of fibre optic ducting and pre-connectorised solutions. Emtelle will invest approximately $50million in three phases of manufacturing.
The building, which will be located on a 48,000 sq m plot, will be leased under a build-to-suit agreement with Kezad. The facility will provide Emtelle with the opportunity to expand its manufacturing capacity of microducting, bundledducting and pre-connectorised solutions for fibre-optic networks, turbocharging network deployment both in the region and worldwide from this hub in Abu Dhabi.
Largest heritage museum opened in Dubai
Al Shindagha Museum the largest heritage museum in the UAE featuring 22 pavilions that include 80 historic houses has been inaugurated in Dubai by His Highness Sheikh Mohammed bin Rashid Al Maktoum. Al Shindagha Museum offers a glimpse into the traditional Emirati lifestyle and the rich cultural heritage of the region, with exhibits dating back to the 1800s. Al Shindagha area, covering an area of 310,000 square metres, be transformed into an open-air museum narrating the inspiring story of Dubai. The museum will showcase the city’s exceptional achievements and its diverse human and cultural dimensions.
The museum provides a space for investment and development projects related to heritage and culture, including services and amenities for visitors. The museum aims to attract over 1 million visitors by 2025 and features collections from more than 100 contributors. Each pavilion has its unique theme and displays, showcasing the history and culture of Dubai and the UAE. These sections include Dubai Creek - Birth of a City, People and Faith, Emerging City, Perfume House, Traditional Crafts, Beauty and Adornment, Traditional Jewellery, Traditional Healthcare, Children House, Culture of the Sea, Community Hall, Life on Land, Traditional Food House, Poetry House, and Al Maktoum Residence, among others.
$54million manufacturing facility to come-up in Dubai
Silver Line Gate (SLG) Group, a top supplier of milk powder and bakery products in the Middle East, is constructing a new manufacturing and warehouse facility at Dubai Industrial City at the cost of 200 million UAE dirhams ($54.45 million). The manufacturing facility, spanning 1.37 million square feet, will produce milk powder, butter and other wholesale bakery products. The plant will begin operations in 2025 and is expected to create more than 300 jobs. The new facility will meet the demands of businesses and customers across the GCC, African market and Southeast Asia, as well as support the distribution of wholesale bakery products across the UAE.
Plans announced for a residential city in Dubai
Expo City Dubai will soon reveal plans for residential developments to become a smart, sustainable, people-centric city of the future. Developments include apartments, townhouses and villas. Residents will be given a unique opportunity to live in the heart of Expo 2020 Dubai's proud legacy city. The city's districts are car-free to improve safety and air quality. Residents of the new clean and green integrated communities will have all the experiences and attractions of Expo City Dubai on their doorsteps. These include its educational, cultural and entertainment offerings, offices, leisure facilities, dining options and event venues, as well as 10km of cycling tracks, a 5km running track, children's playgrounds and 45,000sqm of parks and gardens. The residences will exemplify best practices in innovative, environment-friendly design, with a focus on wellbeing and sustainable living.
Deal signed to drive sustainable waste management in Abu Dhabi
The Abu Dhabi Waste Management Company (Tadweer) has signed a deal with Sulo, one of the world's largest producers of waste containers and smart waste solutions, to drive sustainable waste management in Abu Dhabi and beyond. Under the terms of the agreement, the two parties will support the development of Abu Dhabi's integrated waste management system and explore the use of recycled materials in manufacturing. The collaboration agreement aims to support the UAE's journey towards adopting a circular economy through providing waste pre-collection services in the UAE and other Mena markets and utilising the latest technologies. This partnership seeks to enhance sustainable practices across Abu Dhabi, by supporting the recycling, reuse, and reduction of waste, and the diversion of waste away from landfill.
New premium residential development project launched in Dubai
UAE-based real estate developer DAMAC Properties, is set to announce the launch of its latest branded tower project – Canal Heights. This stunning 44-storey tower will offer luxury waterfront living, with the city's famed financial and shopping district just a stone's throw away. With sleek and shining exteriors, Canal Heights offers a perfect blend with interiors designed by Swiss jeweller de GRISOGONO and studded with effervescent textures and fluid forms symbolic to the beauty of a pearl. Innovation and exclusivity is one of DAMAC's constant ambitions. Through each and every new project they strive to bring forth a product that is fresh, different and absolutely unique. Canal Heights is no different in that ambition, and brings a whole new world of possibilities and experiences. A most unique feature of the project will be an underwater pearl museum where people can make use of the chance to snorkel. It will lead by example with this one of a kind facility, marking a new place in luxury living. Project will offer its residents a serene ambience that elevates their wellbeing in the form of yoga domes and wellness arenas, set in harmony with private dining venues, also shaped in domes. A shell-shaped pool will take centre stage at its recreational podium, ornamented with lounges and sun beds. Other amenities include a lap pool, a children's play area and zorb water balls for added fun in the pool. Canal Heights will offer a range of layouts from studio, 1-bedroom, 2-bedroom, 3-bedroom and 4-bedroom apartments with expansive views of the bustling Business Bay district, and Sheikh Zayed Road.
Trial operations commenced at EV plant in Abu Dhabi
UAE-based mobility technology company NWTN is in the final phase of installing equipment and conducting trial operations after completing the construction of its electric vehicle (EV) assembly facility in Abu Dhabi. The facility has now obtained the required EV production and sales license issued by the UAE government, the first to be issued in Abu Dhabi. As the first UAE-based EV company listed on the Nasdaq stock exchange, NWTN has received strong financial and policy support from the local government. The company's first EV assembly facility, measuring approximately 270,000 square feet, is in the Khalifa Economic Zone Abu Dhabi (KEZAD). Construction of the facility began in October 2022 and was completed by the end of December 2022. Currently, the production line is nearly complete, with NWTN working with BASF, the chemical company, for paint surface refinishing and manufacturing safety training.
Regions first water treatment solution deploys in Ras Al Khaimah
Ras Al Khaimah Economic Zone (Rakez) has successfully retrofitted the region’s first-of-its-kind eco-friendly water treatment technology at its district cooling plant in co-ordination with Engie Solutions, a global leader in low carbon energy and services. The move is aimed at helping save significant amounts of energy and water by retrofitting office buildings and water through a comprehensive Energy Performance Contract (EPC). This cooling tower water treatment system controls scaling, corrosion and biological growth in water holistically, using ultra-low frequency (ULF) electromagnetic waves without chemicals. ULF treatment is electronic and fully controlled via microprocessors, therefore does not require any human intervention.
For Rakez, pursuing sustainability through green initiatives is highly important and they are strong supporters of Ras Al Khaimah’s energy strategy. They work closely with the RAK Municipality and solution providers like Engie Solutions to protect, maintain and nurture our ecosystem by tapping into the latest innovations. The implementation of this unique water treatment solution in this plant is a step closer to achieving the green goals collectively. During this partnership, the economic zone will save more than 25 gigawatt-hours of electricity over 5 years, with an impact on carbon emissions comparable to that of taking nearly 2,000 cars off the roads. Additionally, over 14 million gallons of water, enough to fill 25 Olympic-sized swimming pools, will be saved. A green retrofit EPC includes improving the energy efficiency of lighting, air conditioning, ventilation, and other mechanical systems while increasing the quality of insulation.
Plans unveiled for conversion of MCVs to CLV in UAE
UAE-headquartered P&O Maritime Logistics has unveiled plans to convert one of its multi-carrying vessels (MCVs) into a cable-laying vessel (CLV) that would be used to connect offshore wind farms with the mainland. The CLV will feature an ultra-shallow draft, engineering grounding capability, and a 4,000-tonne cable load capacity. Powered by alternative energy, it will be the first of its kind within the company’s fast-expanding portfolio of specialised offshore products and services. Set to start operations in the third quarter of 2024, the conversion aligns with P&O Maritime Logistics’ commitment to decarbonising the industry by progressively moving towards zero-carbon operations. To achieve this, the company’s newly converted vessel will be equipped with a battery system, as well as a low-fuel consumption propulsion layout for green methanol fuel.
The conversion of the vessel is a real step change. It means, apart from expanding the existing services and products into a more specialised offering, that can be also make a positive contribution to the decarbonisation of the industry. One way of doing this is by using alternative energy to power the converted vessel. The other important contribution is that the Cable Laying Vessel will predominately support the construction, development, and maintenance of existing and prospective wind farms. Lastly, and by repurposing an existing vessel, ir will be able to extend the lifetime of this particular product quite significantly to keep up with the increasing demand in the sector.
New lease agreement signed for solar project in Abu Dhabi
Tawazun Industrial Park (TIP) said it has signed a lease agreement with Yellow Door Energy, a leading sustainable energy partner for businesses in Middle East and Africa, for a 4,382 kW solar park project which is set for completion by year-end. For the project, over 7,600 solar panels will be installed for both rooftop and carport applications. Once completed, the solar park is expected to produce 7.1 million kilowatt-hours of clean energy in the first year of operation, equivalent to reducing carbon emissions by 5,000 metric tonnes. Construction Installation will begin in the second quarter of 2023 and the project is expected to be operating by the end of 2023.
The TIP move comes as part of its celebration of Year of Sustainability in UAE and in line with COP28’s objectives. The agreement was signed at Tawazun Council Chalet at IDEX. The initiative taken by TIP to expand the usage of renewable energy demonstrates the dedication to supporting the UAE's Net Zero by 2050 Strategy Plan and keenness to strike a balance between industrial and technological progress and sustainable development. The plant project is a new milestone in the Park's sustainability strategy, promoting environmental preservation and reducing carbon emissions.
Bidding underway for an offshore oilfield contract in Abu Dhabi
At least five leading contracting giants are lining up for a prized offshore contract from Abu Dhabi National Oil Company (Adnoc) involving the expansion of its huge Lower Zakum Oilfield. The United Arab Emirates company is greatly expanding the capacity of some of its key offshore oilfields and the development of Lower Zakum is crucial to its ambition of achieving 5 million barrels per day capacity by 2027.
Contract signed for district cooling services in Dubai
Emirates Central Cooling Systems Corporation (Empower) has secured a contract to provide district cooling services for Dubai Maritime City (DMC) with a cooling capacity of more than 63,000 Refrigeration Tonnes (RT). Dubai Maritime City, a part of DP World, strategically located between Port Rashid and Dubai Dry Docks, is one of the most prominent urban destinations for freehold areas in Dubai. It aims to develop and support maritime trade and improve freight services and various marine services. The city includes luxury residential properties, 5-star hotels, modern office towers, retail outlets, and a variety of services that improve the lifestyle and work in one place.
The agreement, the first of its kind following the successful listing of Empower on Dubai Financial Market, reflects the confidence of the business sector in the role played by the company in providing eco-friendly district cooling services with economic, social, climatic and environmental gains. Empower will invest AED450 million ($122 million) to cater to the needs of more than 43 buildings in DMC with world-class district cooling services in two phases through two plants located within the City, and operate with innovative and technologically advanced systems. The first phase includes supplying of cooling energy to 27 buildings with a capacity of more than 28,000 RT and the second phase includes supplying 16 buildings with 35,000 RT cooling energy.
Agreement signed to develop 303km UAE-Oman Railway Network in Abu Dhabi
Oman and Etihad Rail Company, the developer and operator of the UAE-Oman Rail Network, signed a cooperation agreement with Mubadala Investment Company, a sovereign investor in Abu Dhabi, to support the development of the 303km railway network, which connects Oman and the UAE, with an overall investment value of USD 3 billion. The partnership comes in line with the two parties’ efforts to explore investment opportunities in the railway sector and strengthen cooperation to support the Oman and Etihad Rail Company in accelerating the planning and execution process of the UAE-Oman Rail Network. The cooperation agreement includes formation of working groups and joint committees to benefit from the shared expertise and knowledge, joint efforts in developing economic and financial feasibility studies, in addition to joint investments in the development of the UAE-Oman railway network and cooperation to enhance the project’s added value. The establishment of Oman-Etihad Rail network, is an extension of the strategic relations and strong historical ties between the UAE and the Sultanate of Oman, and the foundation of the strong partnership between Etihad Rail and Oman Rail. The joint venture will transform the infrastructure, transport, and logistics sectors, and enhance commercial movement and social cohesion, by linking economic, industrial, commercial, and residential centers through the railway network. The MOU signed between Mubadala, and Oman and Etihad Rail Company is designed to explore and unlock new opportunities in the infrastructure, transport, and logistics industries. The strategic partnership with Oman and Etihad Rail Company is aimed at driving economic development and collaboration amongst both countries as well as create value for all stakeholders. The network will employ the highest international security, safety, and environmental standards to provide safe and fast passenger and freight services. Passenger trains will run up to 200 km per hour, reducing the time of the journey between Sohar and Abu Dhabi to 100 minutes, and between Sohar and Al Ain to 47 minutes, while the freight train speed will reach 120 km per hour.
Deal signed for 3.9 MVA solar hybrid system in Fujairah
Distributed solar power company SirajPower announced that it will finance and install a 3.9 MVA [Million Volt-Ampere] solar hybrid system for Fujairah-based crusher company Halwan Crusher. The solar PV-diesel-battery system will enable Halwan Crusher to reduce its fuel consumption, operational expenditures, and carbon footprint at its latest project location in Fujairah without making upfront investments. The diesel generators will be utilised to fill the gap between the load and the electricity provided by the PV system, adding that the solution is estimated to offset over 1,500 metric tonnes of CO2 emissions for Halwan Crusher. SirajPower’s distributed solar energy portfolio currently stands at more than 100 MWp.
Agreement signed to develop new 59-storey tower in Dubai
Sobha Realty has signed a major deal with Dubai Multi Commodities Centre (DMCC) to develop the Verde by Sobha project in Jumeirah Lakes Towers. Verde by Sobha will be the developer’s first project in the JLT district. The 59-storey luxury tower will comprise seven podiums with a range of units from one- to three-bedroom apartments. The project features amenities including BBQ spaces, relaxation facilities, swimming pools, multipurpose halls, a gym at the podium levels, and F&B and retail offerings at the ground level. The project is scheduled for completion by Q4 2026 and is estimated to generate sales revenue of $435 million (AED1.6 billion). Located across JLT’s Cluster H, Verde by Sobha will complement JLT’s luxury residential offering.
2 latest apartment buildings projects launched in Dubai
Following the announcement of 12 new real estate projects, UAE-based Samana Developers has launched its first two projects - Santorini and Mykonos - within Dubai Studio City. The design and name inspiration of the new projects reflects the popular two islands in Greece - Santorini and Mykonos in Aegean Sea.
The AED150 million ($41 million) Samana Santorini will come up on a 193,927 sq ft area, featuring 157 apartments with a mix of studios, one-, two- and three-bedroom apartments with private pools. The G+4 residential project boasts key amenities including an infinity pool, leisure pool deck, swimming pool, kids pool, private swimming pools as well as other water features in addition to green areas, health club, jacuzzi, steam room, kids play area, outdoor cinema, barbeque area, valet parking and 27/4 security. Samana Santorini is scheduled for handover in April 2025.
The AED170-million Samana Mykonos is the second launch at Dubai Studio City. The G+5 Mykonos residential project spans over 197,430 sq-ft and has 198 units. Mykonos features a host of amenities, right from the valet parking to leisure decks, swimming pools to the jacuzzi, solar panels, roof-top theatre, and private pools in all apartments, the project has everything that you can desire for in a luxurious property. Samana Mykonos is scheduled for handover in July 2025.
AED120 million premium neighborhood project unveiled in Dubai
UAE-based real estate developer Al Andalusia Courtyard has announced its foray into the residential properties sector in Dubai with the launch of 'Maya Townhouse,' a key project being set up at a total investment of AED120 million ($32.6 million). A premium project located in the Majan neighbourhood of Dubailand, it features 30 luxurious units, including villas of three area categories (one-, two- and three bedrooms) and hall. Spread over a 70,000 sq ft area, Maya Townhouse boasts key lifestyle amenities such as playgrounds and recreational zones as well as lot of green space.
271 Units residential project launched in Dubai
With a firm belief in creating a community that provides residents with the utmost luxury and tranquility, Dubai-based HMB Homes Real Estate Development has launched its latest residential development project named Beverly Boulevard, Arjan. This complex has a total of 271 units out of which 262 are residential apartments, including studios, one bedroom, and two bedrooms, and 9 retail spaces, all designed to give residents a tranquil and luxurious lifestyle. The latest project, Beverly Boulevard, in Arjan, has an estimated value of Dh175 million, and HMB Homes’ aim in the near future is to deliver more residential developments of about Dh300-million worth across the prime and upcoming locations of Dubai. The project is packed with an abundance of amenities that are a class apart from other residential developments in the area. Some of the standout amenities include private pools attached to select one- and two-bedroom units, as well as a semi-Olympic-sized common swimming pool that is designed as a beach-style pool and a pool bar. Multi-purpose courts, cabanas, a barbecue area, an open gym, steam, sauna, a jogging track, amphitheatre, and a kids’ play area, provide the residents with various options to keep them active and engaged. An eight-storey building with a basement level built in the heart of the city, it has 30 per cent of its space dedicated to amenities spread over 20,000 square feet. The project offers a variety of unit sizes to cater to the different needs of the residents.
The developer seeks to fill the nine retail spaces on the ground floor with significant players in the food and beverage industries and grocery and convenience store sectors. There will be a promenade and drop-off area in front of the retail spaces, and visitors parking will be made available too. Resident parking spaces can be found on the ground level and in the basement. The handover for Beverly Boulevard is scheduled for December 2024, and construction is already under way.
Baccarat inks twin tower project in Dubai
Baccarat Hotel & Residences Dubai is due to open in 2026 as part of a new ultra-luxury mixed-use development facing the famed Burj Khalifa, the world’s tallest building. The property’s twin tapering towers, designed by architectural firm Studio Libeskind, will combine a luxury hotel with full-service branded residences. The structures’ glass facades are reflective of desert sand, sea, and sun, as well as the House of Baccarat’s opulent reputation. The site will be owned and developed by diversified investment firm Shamal Holding, based locally in the UAE. The hotel will feature 144 guestrooms, a third of them suites, along with 49 Baccarat-branded private residences, designed by the London-based studio, 1508. Food and beverage offerings include a formal dining room with indoor and outdoor seating, private dining rooms, a casual poolside bar, and a Grand Salon serving morning pastries, afternoon tea, and a champagne and wine programme into the evening. The project will be managed by SH Hotels & Resorts.
Luxury landmark property unveiled in Dubai
Taraf, a UAE-based residential property developer, has announced its first project Luce, a landmark property on Dubai’s Palm Jumeirah, that offers contemporary luxury and an enhanced living experience in spacious light-filled homes with sweeping panoramic views. The recently-created real estate unit of UAE investment holding group Yas Holding, aims to develop lifestyle destinations that stand the test of time with authentic places that form strong communities, build connections and shape meaningful lives. The building's design is inspired by nature, the beach, and the sand's elegant curves and organic lines, and takes its cues from the fluidity within both Dubai's desert and seascapes.
The property encompasses a mix of luxury units with exclusive 2-, 3- and 4-bedroom units with sea views, along with a duplex and a penthouse. Elegant modern facilities include a swimming pool, a children's playing area, a gym equipped with the latest sports equipment, a recreation space for social gatherings with direct access to the beach. Setting a new standard for contemporary luxury, Luce is a unique property that reflects Dubai's iconic identity.
$135m pilot training centre to be built in Dubai
Emirates will soon build an advanced training facility to accommodate six Full Flight Simulator Bays (FFS) for its future Airbus A350 and Boeing 777X aircraft. The brand new 63,318 sq-ft facility is slated to open in March 2024. This $135 million investment to build a new pilot training centre will ensure Emirates' readiness to commence its pilot training ahead of the delivery of its new aircraft fleet starting from 2024. The building will be equipped with the latest, technologically advanced simulators to provide the best training for pilots, while using solar power to reduce energy consumption. The new building will be adjacent to the existing Emirates Training Facilities in Dubai, which will provide a great integration and close proximity to all the other pilot training centres.
Pilot trainees will also benefit from being able to set-up and configure the cockpit environment using bespoke devices as part of the pilot training module and upload the data to the Full Flight Simulator (FFS) prior to commencing their training session. This innovative, first-of-its-kind concept is designed to shorten the trainee’s preparatory time inside the simulator, help them maintain focus and take full advantage of the training duration. In line with the scheduled delivery of Emirates’ first Airbus A350 aircraft, the airline’s newest training college will commence training its first batch of A350 pilots by June 2024. In addition to modern training facilities for its flight deck crew, the airline offers a range of world-class training and development programmes for its workforce and for other aviation professionals. In Dubai, these include: the Emirates Flight Training Academy for Cadets, Emirates Aviation University, Emirates Cabin Crew Training Centre, and numerous programmes specially created for different segments of its employees.
Luxury residential project launched in Dubai
Taraf, the real estate development arm of the UAE-based Yas Holding, launched Luce, its first luxury housing scheme, on Palm Jumeirah in Dubai. No details were given on the cost of the project or construction timelines. The luxury development will house two- to four-bedroom units, along with a duplex and a penthouse. Launched in 2023, the developer plans to introduce exclusive, luxury residential properties at prime locations.
Plans underway to launch 2 five-star hotels in Dubai
Dubai-based Samana Developers will foray into the luxury hospitality segment by launching two 5-star hotels in the emirate this year. The locations for projects have been identified and plots secured. Adding that 20 percent of the new projects are planned to in the hospitality segment while 80 percent will target the residential market. It is in the process of getting the approvals for design drawings, with all projects between 60 percent and 80 percent approved. It is expecting to secure the full approvals in a few weeks. The company intends to hire contractors as soon as they launch a project. The contractor and sub-contractor appointments are typically timed with project launches. The developer’s hotel properties would be under a new entity, Samana Holidays. The first two 5-star hotels will be developed in high-demand locations, and will have a total of between 400 and 500 keys. Talks with multinational hotel operators in advanced stage and expects to secure the agreements before the end of the first quarter 2023.
Deal signed to build sustainable offices in Dubai
AstraZeneca has announced plans to construct sustainable offices at Dubai Science Park, a member of Tecom Group PJSC. Set to open in Q3 2023, the move is part of the biopharmaceutical giant’s global green agenda and in-line with We the UAE 2031 vision and the Year of Sustainability. The new office design, construction, and materials will meet platinum standards in Leadership in Energy and Environmental Design (LEED) set out by the US Green Building Council (USGBC). The Green Building Classification System is one of the most widely used worldwide and a marker of healthy, efficient, and carbon-saving buildings.
MoU signed to set up green hydrogen plant in Abu Dhabi
Brooge Energy, a Cayman Islands-based infrastructure provider, which is currently engaged in clean petroleum products and biofuels and crude oil storage, has announced a partnership with Siemens Energy, one of the world’s largest energy technology supplier, to build a plant that can produce green hydrogen and ammonia using solar PV in Abu Dhabi. As per the deal, the two companies will join forces to develop the plant and explore other areas of collaboration in clean energy, while MoEI will offer them facilities. The new project that will produce green hydrogen and ammonia using solar PV will further accelerate the country’s transition to net zero, increase green hydrogen capacity, and boost the UAE’s position as a reliable supplier of hydrogen.
MoU signed to develop hydrogen-based mobility pilot project in Dubai
Dubai Electricity and Water Authority (DEWA) and ENOC have signed a memorandum of understanding (MoU) to conduct a feasibility study for the establishment, development, and operation of a joint pilot project for the use of hydrogen in mobility. The project will utilise DEWA's existing green hydrogen production facility and ENOC's knowledge of the fuel market to build a hydrogen fueling station and contribute to the Dubai Green Mobility Initiative 2030. The project supports the UAE's hosting of the 28th Conference of the Parties to the United Nations Framework Convention on Climate Change and the country's goal to develop the hydrogen economy and open local markets to hydrogen vehicles. Both DEWA and ENOC aim to support the vision of a sustainable and green future and to achieve net-zero carbon emissions by 2050.
Designs approved for aerial taxi vertiports in Dubai
HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, accompanied by H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council approved the prototype design of the first aerial taxi vertiport to be set up in UAE which will be seamlessly integrated with the other modes of mass transportation. To be located near the Dubai Airport, the vertiport comprises a structure that features two levels for car parking. The topmost roof serves as the terminal for aerial taxis, which will be connected to the Emirates Metro Station via an air-conditioned bridge.
It boasts a contemporary design that complements the general appearance and charm of Dubai. A distinct and enjoyable mode of transportation will be offered to users, featuring air-conditioned facilities that have been crafted to meet top international safety standards for maximum convenience. The new project aims to roll out a mobility service driven by pioneering technology to ease the mobility of individuals across urban areas in a safe, smooth and sustainable manner integrated with the public transport network in Dubai. The new aerial taxi service is set to be operational by 2026. The taxis are also recognised for their safety, comfort, and speed, featuring the latest technological advancements in the field from around the world. With a range of 241.4 km and a top speed of 300 km per hour, the aerial taxi can accommodate up to four passengers plus a driver.
The initial phase encompasses choosing both manufacturers and operators based on their technology and timeline, as well as determining the sites for vertiport installations. The initial network of vertiports will connect four main areas of Dubai: Downtown Dubai (Burj Khalifa area), Dubai Marina, Dubai International Airport and Palm Jumeirah. The aerial taxi operation will be in two main stages; selecting the suitable technologies that meet global standards and forming a partnership with a specialist provider. The operation comprises four crucial elements. They include detailed negotiation with a multitude of companies active in this field, signing of commercial agreements, establishment of local entities to execute relevant business endeavours, development of the necessary infrastructure and the highly anticipated roll-out of the service. The second stage involves identifying a potential partner for investing in the infrastructure needed to introduce autonomous aerial taxis to Dubai's skies.
At present, commercial negotiations are in progress with the most promising and specialised investors globally in the realm of air mobility to construct the requisite infrastructure. The RTA is working closely with the Dubai Civil Aviation Authority, General Civil Aviation Authority and Dubai Air Navigation Services to create a one-of-a-kind comprehensive framework for the operation of such vehicles in Dubai. This includes the development of legislation and setting clear specifications and standards for vehicle operators. RTA, in collaboration with its strategic partners, outlines the flight paths for the vehicles, identifies take-off and landing sites, and specifies the necessary equipment for safe and efficient operations.
$803.2m infrastructure works contract awarded in Abu Dhabi
National Marine Dredging Co. (NMDC) has announced that NMDC has recently been awarded new contracts. The value of the contract is AED 2,950,019,784 (USD 803.2 million). The Project is related to Al Hudayriyat Island PDA, Enabling Works Package, Dredging, Grading and Filling and Ground Improvement Works.
Main contract awarded for villas project in Ras Al Khaimah
RAK Properties, a leading real estate developer in Ras Al Khaimah, has awarded the main contract for the construction of the second phase of Marbella Villas - a key residential project located on Hayat Island in the northern emirate - to UAE contractor Gulf Contracting. Phase Two of Marbella Villas will feature a total of 89 residences with a mix of two-, three- and four-bedroom luxury villas and townhouses with direct access to the beach. Located on Hayat Island in Mina Al Arab, the project is in close proximity to the Anantara Mina Al Arab Ras Al Khaimah Resort.
The bustling island community offers natural views of the Arabian Gulf and Hajar mountains and is home to a range of amenities designed to help visitors and residents relax and unwind, including the InterContinental Ras Al Khaimah Mina Al Arab Resort & Spa, Marbella resident’s club, community park, waterfront promenade, seafront dining and retail, and scenic cycle and pedestrian paths.