Ellington Properties, a leading design-led real estate group, has announced the launch of its newest residential development, Everly Place, located at Meydan Horizon in Dubai featuring 209 residences across a curated mix of one - to three-bedroom apartments overlooking the crystal lagoon.
Dar Global, the London-listed developer, has awarded the design-and-build contract for its Rayana community at Wadi Safar located within the mega Saudi development Diriyah. The scope of work includes delivery of primary infrastructure including the earthworks, roads and utility networks.
Modon Holding, an Abu Dhabi-based company with key interests in real estate, hospitality and tourism sectors, said it aims to develop premium infrastructure projects in Al Dhafra Region of the emirate and create integrated urban environments that support economic and social growth in the region.
Ritchie Bros. Middle East will host its two-day auction from Dubai, offering more than 1000 items for sale. The public, unreserved auction, where every lot sells to the highest bidder and gives buyers the opportunity to access high quality used equipment from anywhere in the world.
King Salman Energy Park (SPARK) has signed an agreement with Pan Kingdom Real Estate to develop an integrated industrial complex comprising 168 ready-built industrial units across 214,000 sq m area within the mega development in the Eastern Province of Saudi Arabia.
Qatar has announced the completion of all works under the seventh phase of its Western Areas Road Improvement Project. The works included construction of permanent roads, the implementation of infrastructure and landscaping improvements as well as provision of parking facilities.
Abu Dhabi’s residential real estate sector delivered its strongest first quarter on record this year, with AED38.1 billion ($10.4 billion) worth of sales across 8,100 transactions, said a top property consultancy, adding that Yas Island was in pole position for biggest jump in sales and rental prices.
Havelock One, a leading interior fit-out contractor in the region, has announced that it has been signed up as the front-of-house fit-out contractor for The Avenues - Khobar, an ambitious mixed-use development coming up on a 820,000 sq m area in the Eastern Province of Saudi Arabia.
UAE developer Azizi is enhancing the project delivery capabilities across its portfolio through a vertically-integrated industrial model by managing critical manufacturing processes in-house, including aluminium and façade systems as well as HVAC ducting and marble works.
New real estate projects worth AED1 trillion ($272.29 billion) will be launched or developed in Dubai within the next five years, says W Capital, a real estate brokerage firm.
