Real Estate

Emaar Development says it has unveiled ‘Collective’, an innovative concept for co-living spaces in Dubai Hills Estate within walking distance of Dubai Hills Mall, with a planned metro station around the corner.

Deyaar Development has begun the handover process for two of its residential towers within its Mont Rose project, thus marking its first handover for 2018. Located in Dubai Science Park, Mont Rose is a contemporary residential and hotel-apartment project.

Danube Properties, a major Dubai-based property developer, has announced the delivery of its third project, Glitz Residences 3, at Dubai Studio City. With a development value of Dh350 million ($95.

The Royal Atlantis Resort & Residences, the first ‘Super Prime’ branded residences in Dubai, has been named the ‘Best Real Estate Project (Luxury Residential)’ by the Gulf Real Estate Awards 2018.

First Bahrain has launched the sale of residential villas at El Mercado Village, a new complex adjacent to the upscale neighbourhood market, El Mercado Janabiya, in the kingdom. Located north of the Sheikh Isa Bin Salman Highway, the complex offers residents direct access to the Saudi causeway, as well as an easy commute to and from Manama.

Bloom Properties has announced the timely handover of Faya, the fourth phase of its Bloom Gardens masterplanned community in Abu Dhabi, UAE. A unit of Bloom Holding, the company says it also provides customised leasing and property management solutions that exceed the tenants’ expectations.

Azizi Developments, one of the leading private developers in the UAE, last month awarded key contracts worth a total of Dh1.12 billion ($304.34 million) for its landmark projects Azizi Riviera and Azizi Grand in Dubai.

Al Farwaniya Property Developments, the developer behind the $1.2-billion Reem Mall says work is progressing well on the latest retail, leisure and entertainment destination in Abu Dhabi. The news comes after a $457-million senior credit facility was signed to complete the financing on the project.

Dubai Properties has announced the on-time completion of the townhouses at Arabella in Mudon development in Dubailand. Launched in May 2015, Arabella is a highly sought-after neighbourhood, situated amidst lush greenery and bright open spaces, in proximity of a host of attractive amenities.