Ras Al Khaimah Economic Zone (RAKEZ) marked the groundbreaking of a new 5,839 sqm warehousing facility by Indu, a multi-industry-focused logistics and warehouse solutions provider, at Al Hamra Industrial Zone.
Dubai-based Ellington Properties has unveiled Berkeley Tower, its largest and tallest commercial project to date rising above 60 floors in the heart of Business Bay. The AED2.8 billion ($762 million) development brings together office spaces, an extensive workplace and lifestyle offering.
UAE developer Al Hamra has achieved a key milestone with the sale of the Sky Palace at its prime development - Waldorf Astoria Residences Ras Al Khaimah - for $35.4 million, marking the highest-value single-unit residential transaction ever recorded in the northern emirate.
