Arada starts delivery of Sharjah lifestyle community units
UAE-based developer Arada has started handing over homes in the sixth and final phase of Nasma Residences, the integrated community within the Al Suyoh district of New Sharjah. Home deliveries are currently underway for 124 units in the final phase of the Nasma Residences masterplan, which consists of 1,117 homes from two-bedroom townhouses to five-bedroom […]
Samana starts delivery of 202-unit Dubai residential project
UAE-based Samana Developers has handed over a AED100 million ($27.2 million) residential project, Samana Hills located in the heart of Arjan community in Dubai. The resort-style G+5 free-hold property comprises a built-up area of 100,000 sq ft and houses 202 units featuring a mix of studios, one- and two-bedroom apartments. Speaking at the handover ceremony, […]
Dubai airport’s north runway to reopen on June 22 after 45-day closure
With an extremely tight schedule of just 45 days to complete, Dubai airport’s North Runway Rehabilitation project is currently underway according to plan and is scheduled to open for aviation traffic on June 22, 2022. Sheikh Ahmed bin Saeed Al Maktoum, President of Dubai Civil Aviation Authority, Chairman of Dubai Airports, and Chairman and […]
Abu Dhabi’s NPCC wins $673mln Aramco contracts
Abu Dhabi-based National Petroleum Construction Company (NPCC) has been awarded two contracts worth a total of $673 million by oil producer Saudi Aramco. Abu Dhabi Securities Exchange-listed National Marine Dredging Company, which wholly owns NPCC, said in a bourse filing that the first contract relates to Aramco’s Jafurah Development Program project and is worth $460.2 […]
Samana’s 202-unit Dubai residential project set for handover
UAE-based Samana Developers has announced that work was nearing completion on its first residential project in Dubai, Samana Hills – featuring 202 apartments with a mix of studios and one-bedroom units – and was on track for handover this month. The Emirati developer said the AED110 million ($30 million) Samana Hills, launched in 2019, was […]
RTA opens Dubai-Al Ain road following $544mln revamp work
Dubai has announced the official opening of the road linking Al Ain following the completion of revamp work at a total cost of AED2 billion ($544 million). The scope of the Dubai-Al Ain Road Improvement Project spans 17 km from the intersection of Emirates Road to the intersection of Ras Al Khor Road along the […]
Al Zorah to develop 21 beachfront luxury villas in Ajman
The Al Zorah Development Company, a joint venture between the Ajman government and Solidere International, has unveiled plans for the development of 21 exclusive villas on Al Zorah’s beachfront in the emirate of Ajman. Designed with families in mind, the development comprises 21 private, ultra- luxurious villas with uninterrupted sea views, nestled within a secure, […]
Danube launches new project, offers to process Golden Visa to investors
Danube Properties on Tuesday launched Dh350 million pyramid-shaped architecture Gemz in Al Furjan which comes with 30 amenities. The company’s 16th project, which houses 270 apartments, comes with unique convertible layouts that allow one bed-room unit to be made into a 2BHK and 2BHK into a 3BHK and most of its apartments come up with […]
Deyaar sees 67% higher profits in Q1-22
Deyaar Development reported a 67% year-on-year (YoY) surge in its net profits to AED 25.06 million in the first quarter (Q1) of 2022 from AED 15.05 million, according to the company’s unaudited consolidated financials for the three-month period ended 31 March 2022. The company generated revenues of AED 161.89 million in Q1-22, up 9% from […]
Azizi’s Creek Views I project on track for Q2 handover
UAE-based Azizi Developments has announced that it has made rapid progress on its Creek Views I project, located in the Dubai Healthcare City. The key mixed-use development has reached 95% completion and is scheduled to be handed over by the second quarter of 2022, with its structure, blockwork and internal plastering already completed, and its […]