Leading Dubai developer Meraas has awarded the ground works contract to International Foundation Group for its landmark 45-storey residential project - Atélis at d3 - located within the Dubai Design District. The contract covers comprehensive site preparation, excavation and shoring and piling works.
FDI Group, a UK-based specialist fire protection contractor, has expanded its regional operations with the launch of Fire Dynamics International. This new business boosts the group's presence in UAE by adding a dedicated contracting division alongside its fire safety consultancy.
Dubai-based Majid Developments has announced steady progress on its prime residential development - Mayfair Gardens - located in Jumeirah Garden City, with the project in its final stages of construction. The 12-storey tower featuring 64 apartments is due for handover in September.
Ras Al Khaimah is expected to add more than 25,000 residential units over the next four years, with apartments accounting for 97% of the planned supply, mainly driven by population growth, higher foreign investment and expanding business activity in the emirate, said an real estate industry expert.
The Emirate of Ras Al Khaimah (RAK) has 25,600 new residential units in the pipeline between now and 2030, with apartments accounting for 97% of future supply, according to new insight from leading real estate advisory group Cavendish Maxwell.
Preston Development has officially launched its prime residential project - One By Preston - in Dubai South following the successful approval of its Escrow Account. The boutique development features 56 apartments with a mix of studios, one- and two-bedroom units.
Business activity across the Saudi construction sector gained considerable momentum in June, supported by stronger performances across residential, non-residential structures (office/commercial, institutional, industrial) as well as infrastructure (transportation, energy/utilities), said a report.
Saudi Arabia's Ministry of Municipal and Rural Affairs and Housing has approved new guidelines to monitor the illegal subdivision of residential units, reported SPA, as authorities step up efforts to enforce municipal regulations and improve building safety.
Sales values in Dubai’s residential real estate sector approached AED221.3 billion ($60.26 billion) across almost 79,200 transactions in H1 2026, according to new insight from leading real estate advisory and property consultancy, Cavendish Maxwell.
Majid Developments has accelerated construction on its flagship residential project Arlington Park 2 in Dubailand, following strong investor demand across its expanding portfolio in the emirate. It comprises 129 apartments with a mix of studios and one- to three-bedroom units.
