Construction & Real Estate

Construction & Real Estate

Binghatti sets record with sale of Middle East's most expensive penthouse

Fri, 12 Dec 2025

UAE developer Binghatti has achieved a major milestone with the sale of the region's most expensive penthouse valued at AED550 million ($150 million), at its iconic development Bugatti Residences by Binghatti located in Business Bay.

Construction & Real Estate

TownX sees 40pc construction progress on Dubai project

Fri, 12 Dec 2025

TownX, one of Dubai’s fastest-growing real estate developers, has announced a significant milestone in the construction of its flagship development Ashley Hills located in the heart of Arjan community with over 40% project work already completed.

Construction & Real Estate

Union Properties breaks ground on $544m flagship project in Motor City

Fri, 12 Dec 2025

Union Properties has officially broken ground on its flagship AED2 billion ($544 million) project - Mirdad - being set up in Dubai Motor City. Spanning 356,931 sq ft, it will feature a total of 1,087 residential units along with premium amenities.

Construction & Real Estate

Arabian Qudra to set up first floating solar plant in Saudi Arabia

Fri, 12 Dec 2025

Arabian Qudra (AQ), a subsidiary of Saudi-based Abunayyan Holding Company, has announced that it has signed an agreement to establish the first floating solar power plant in the Kingdom of Saudi Arabia, in partnership with Saudi Water Authority.

Construction & Real Estate

Beyond Developments unveils first beachfront masterplan on Dubai Islands

Fri, 12 Dec 2025

Beyond Developments has announced the launch of SIORA, its first beachfront masterplan on Dubai Islands. Spanning over 2-million sq ft, the premium project is inspired by Japanese garden principles, crafted around balance and quiet rhythm of coastal life.

Construction & Real Estate

Swarovski-branded luxury residential project set for Oman debut

Thu, 11 Dec 2025

LEO Developments has announced the official launch of Vistal, the first Victoria Swarovski-branded residential project, at Al Mouj Muscat in Oman. It boasts luxury apartments and duplex chalets in addition to more than 50 premium amenities.

Construction & Real Estate

LeadSquared, PIXL Global to deliver developer-ready solutions

Thu, 11 Dec 2025

LeadSquared, an AI-ready CRM platform, has collaborated with PIXL Global, a Dubai-based full-service agency specialising in off-plan branding, to deliver developer-ready solutions that unify property listings, automation workflows and revenue pipelines.

Construction & Real Estate

Saudi Arabia opens new facilities at King Salman Air Base

Thu, 11 Dec 2025

Saudi Arabia has announced the opening of new facilities at the King Salman Air Base in the Central Sector. These include 115 buildings ( technical, administrative, and residential) covering 126,000 sq m area along with runways, aircraft parking aprons, helicopter pads and hangars.

Construction & Real Estate

PwC moves flagship office to Riyadh’s spacious Laysen Valley premises

Thu, 11 Dec 2025

PwC Middle East has relocated its office to Riyadh's Laysen Valley, providing an expanded space for its growing operations in the kingdom. Spanning 22,400 sq m, the new office stands 11storeys tall, providing a dedicated space for co-creation and innovative work.

Construction & Real Estate

Legend Holding to set up major logistics complex at Jafza

Thu, 11 Dec 2025

Dubai-based Legend Holding has entered into an agreement with Jebel Ali Free Zone (Jafza) to set up its regional headquarters and logistics complex on a 1 million sq ft area. Construction will be delivered in two phases, starting with space for 5,000 vehicles in April.