UAE Focus

UAE-based Sharjah Oasis Real Estate said it has completed Dh3 billion ($816 million) worth of infrastructure development works at Sharjah Waterfront City, the largest mixed-use masterplanned waterfront community in the Northern Emirates. On completion, the Dh25-billion ($6.

UAE-based Al Fahed Development Company has launched its new seafront project in Abu Dhabi, featuring residential and commercial properties, a park and luxurious villas with views overlooking clear blue waters, white sandy beaches and neighbouring mangroves.

Azizi Developments, one of the leading private developers in the UAE, reports significant progress on some of its key developments in Dubai including the Dh12-billion ($3.26 billion) Azizi Riviera canal development and two serviced apartments projects in Al Furjan Community.

Eagle Hills Abu Dhabi, a leading real estate and development company, has awarded the construction and infrastructure works contract for its Fujairah Beach development to Ghantoot Transport & General Contracting.

Dubai Expo 2020 will play a major role as a driver of local entrepreneurial growth and have a huge positive impact across the construction and real estate sectors, said a report.

Master developer Nakheel has signed a contract with United Engineering Construction (Unec) for the construction of Deira Mall, its new shopping, dining and entertainment destination with a total development value of Dh6.1 billion ($1.3 billion), and the biggest mall in the Middle East.

Dubai Investments Real Estate Company (DIRC) said work on its Dh3-billion ($816 million) Mirdif Hills freehold project was progressing as per schedule with 30 per cent of the construction already completed.

UAE-based S&T Interiors and Contracting has won two contracts for the prestigious  The Royal Atlantis Resort & Residences project located on The Palm Dubai. Rising above the crystal-clear waters of the Arabian Gulf, Royal Atlantis Resort & Residences is amongst the most exclusive residences in Dubai.

Khalifa Industrial Zone of Abu Dhabi (Kizad) has signed an agreement with Shaheen Chem Investment for the lease of land for a two-phase chemical complex in the industrial zone with an expected investment of Dh4 billion ($1.08 billion).

Allegion takes over QMI Allegion, a leading global security products and solutions provider, said it has successfully completed the acquisition of QMI, a commercial door manufacturer, through one of its subsidiaries.