Real Estate

Union Properties launched its mixed-use urban lifestyle destination, Avenue District, at the Cityscape Global 2018 expo in Dubai last month. Being developed as part of Dubai Motor City Phase Two, the Dh2.8-billion ($680 million) Avenue District will feature an eclectic mix of elegantly designed residential units, and the flagship One Avenue Mall.

Imkan, an Abu Dhabi-based real estate developer, has launched AlJurf, a fully-integrated second-home destination along Sahel Al Emarat – the riviera situated in Ghantoot between the emirates of Abu Dhabi and Dubai. Construction on the 370-hectare project boasting 3.4 km of azure beachfront will begin in 2019.

Dubai Holding, a UAE investment conglomerate, has announced the launch of its 3.85-million-sq-ft luxury residential development, Madinat Jumeirah Living, which offers spacious, freehold units, all connected through shaded pedestrian walkways and jogging paths.

OIA Residences, a Grecian-themed residential community located in Dubai Motor City, was recently handed over to the home-owners by Union Properties, its developer.

The Kanoo Group, one of the largest family-owned groups of companies in the GCC, has launched two new luxury villa compound projects – Haya and Alyazzi – at Jumeirah, Dubai. This comes following the success of Kanoo’s debut villa compound project in the city’s prime location – Al Safeena Villas.

Bahrain’s Kooheji Golden Gate has joined hands with two India-based real estate companies – Ajmera Realty and Mayfair Housing – to develop the kingdom’s tallest residential towers featuring a total of 746 apartments overlooking Bahrain Bay.

Master developer Nakheel has announced the sale of its new collection of 147 luxury four-bedroom terraced homes – each with its own garden and a private swimming pool – at Jumeirah Park in Dubai, UAE.

$200m mixed-use project launched at Al Marjan UNITED Ventures and Investments has announced the launch of a 300-room hotel and discovery, fitness and history-themed entertainment park at Al Marjan Island in the northern emirate of Ras Al Khaimah, at a total development value of $200 million.