Real Estate

Sharjah-based developer Arada has appointed Zaha Hadid Architects (ZHA) to design the Central Hub, the centrepiece of its $6.53-billion Aljada project in the UAE emirate.

Dubai-based Emaar Development has unveiled a collection of ultra-luxury apartments, penthouses and podium-level townhouses in The Grand, a spectacularly designed residential tower located near the heart of Creek Island at Dubai Creek Harbour.

Danube Properties, a leading developer in the UAE, has launched a new Dh300-million ($81.6 million) affordable luxury housing project called Jewelz, offering 463 residential units, ranging from studio, one- and two-bedroom apartments.

Palma Holding has handed over its flagship Dh1.5-billion ($408 million) Serenia Residences project on schedule. Seventy per cent of the units have been sold and the luxury community is now welcoming its first residents, says Kareem Derbas, CEO and founder of Palma Holding.

UAE-based Binghatti Developers says there has been an overwhelming investor response for its Dh400-million ($109 million) Millennium Binghatti Residences project coming up directly on Dubai’s Water Canal waterfront, offering spectacular views of the Dubai skyline and Burj Khalifa.

Ellington, the Dubai-born design-led boutique developer, broke ground on its Belgravia Heights I, a new development with a landscaped podium level featuring a resort-style pool, children’s play area and a modern fitness centre.

Al Zorah, a premier mixed-use coastal living development in Ajman, has appointed K-12 education provider Gems Education to set up a new school within the project.

Modon Properties, an Abu Dhabi-based master developer of sustainable communities and strategic mixed-use developments, says it has started work on the construction of five temporary mosques in sectors 7, 12, 14, 23 and 25 in the northern part of Riyadh City (formerly known as Al Shamkha), located in Abu Dhabi.