Real Estate

Work is progressing on a masterplanned development at Reem Island in Abu Dhabi, which includes a park, canal, hotel and mid-market residences. UAE-based Aldar Properties said work is moving at a steady pace in its master-planned community on Reem Island, Abu Dhabi, with a 2.

Luxury residential and hospitality property developer Seven Tides has launched a five-year payment plan for its Anantara The Palm Dubai Residences in Dubai, UAE. Potential buyers can purchase ready-to-move-in properties with a deposit of 20 per cent of the total price.

UAE developer Shaikhani Group has handed over 100 residential units at its Dh150-million ($41 million) Champions Tower I to their owners.

UAE property developer Meraas will start the handover of all the mansions and luxury units at the Bulgari Residences coming up at its man-made island Jumeirah Bay in Dubai early next year. Situated 300 m off the coast of Jumeirah 2 area at Jumeirah Bay, the residential project is part of The Bulgari Resort & Residences Dubai. Spread over a 1.

UAE-based Bloom Properties has awarded five construction contracts worth over Dh1 billion ($272 million) since early 2017. Work on the sites is progressing rapidly, and most developments are scheduled for completion in less than two years, it says. The developer has selected leading construction companies to execute its projects.

wasl Asset Management Group has launched a project at Warsan in Dubai, UAE, to deliver accommodation for hospitality staff, as part of its strategic preparations for Expo 2020. The Warsan project will comprise 26 buildings in a resort-style layout and will provide hospitality employees with 3,866 residential units involving a built-up area of 2.

Bloom Properties has started the main construction works at its mixed-use Soho Square urban development on Saadiyat in Abu Dhabi, UAE. Emirates Link Maltauro, a leading construction group in the UAE, has been signed up to carry out the main works of the development which is taking shape in the University neighbourhood of Saadiyat.

Damac launches fully furnished luxury villas Damac Properties has launched Casablanca Villas, a collection of fully furnished and serviced luxury boutique villas in Dubai, UAE, inspired by the enchanting vibes of the Moroccan city of Casablanca. The Casablanca Villas are located in Akoya Oxygen, a completely self-contained master development.