Real Estate

The CMC commercial tower, being built in Riyadh by the Cayan Group, aims to raise the bar for office buildings in the country.

The Forum Group aims to revitalise Dubai’s luxury property market with its XXII Carat villas project on The Palm Jumeirah. The Forum Group is the latest player to enter Dubai’s ultra-luxury market and has ambitious plans with several projects in the pipeline.

Abu Dhabi master developer Tourism Development and Investment Company (TDIC) says construction of the luxurious, Mamsha Al Saadiyat on Saadiyat Cultural District is well under way, with 21.9 per cent of developmental works complete.

Building work is almost complete on First Avenue, a new Dh500-million ($136 million) shopping mall and hotel development in Dubai’s Motor City,  and construction work on the mall was on track for completion by February end.

Azizi to build part of Meydan One Meydan Group has entered into a partnership with Azizi Developments initiating a residential and retail project in Meydan One which will cover 180 plots. Launched in August 2015, the Meydan One features an integrated city and destination for business, sport and lifestyle in Dubai, UAE.