UAE Focus

Aldar Properties, Abu Dhabi’s leading listed property company, has launched three major new residential developments in prime areas of the emirate, including in investment zones where property can be purchased by foreigners.

ABU Dhabi-based Aldar Properties is planning to build a 100,000-sq-ft healthcare centre on Al Reem Island.

Leading regional developer Nakheel has unveiled a range of new retail, residential and leisure developments for Dubai – with a combined built-up area of more than 23 million sq ft – at Deira Islands, Dragon Mart and Ibn Battuta Mall. The new projects are a 6.

ABU Dhabi Airports Company (Adac) has invited expressions of interest from companies for the soft landscaping design-and-build project at the new Midfield Terminal Complex (MTC) under construction at Abu Dhabi International Airport.

Eight new hotels and serviced apartments will be built at Dubai Investments Park (DIP), one of the largest integrated commercial, industrial and residential communities in the Middle East and wholly owned by Dubai Investments (DI), over the next five years, said a report.

UAE-based developer Al Barari has announced the launch of The Nest, a luxury enclave comprising 99 exquisite four-bedroom villas in a lush and environment-friendly development located in Nad Al Sheba in Dubai.

Dubai's Roads and Transport Authority (RTA) has invited expressions of interest from major companies and consortiums for the construction of a metro line connecting the existing Red Line on Sheikh Zayed Road from Nakheel Harbour and Tower to the site of World Expo 2020.

Dubai Electricity and Water Authority (Dewa) has signed a turnkey construction contract worth Dh1.47 billion ($400 million) for the expansion of the M-Station power and water desalination plant in the Jebel Ali area of the emirate. The M-Station, built at a cost of Dh10 billion ($2.

Damac to deliver over 35,000 units UAE-based luxury projects developer Damac Properties is set to deliver more than 35,000 residential units and hotel apartments in Dubai over the next five years, said a report.

Tourism Development & Investment Company (TDIC), a leading property developer in Abu Dhabi, has launched Jawaher Saadiyat, its latest luxurious residential community in the Saadiyat Beach District.

Leading regional developer Nakheel has invited tenders from leading companies for the development of the retail component at Warsan Village, a family-orientated neighbourhood containing 942 three-bedroom modern townhouses on the southwestern corner of International City in Dubai.