Real Estate

Jumeirah Group, a global luxury hospitality company and a member of Dubai Holding, has announced the opening of Jumeirah at Saadiyat Island Resort in Abu Dhabi, the group’s first luxury “eco-conscious” resort.

Kleindienst Group, the UAE’s largest European property developer, has announced that it has sold 85 per cent of the second homes scheduled for Phase One of its Dh1.5-billion ($408 million) development, The Heart of Europe, located 4 km off the coast of Dubai.

The avenue District proposes to bring something different every day to Motor City in Dubai, UAE, when it opens in a few years’ time.

Dubai-based firm Viva City has launched work on its Sport Society, which is poised to become the largest sports mall in the world once it is completed in the first quarter of 2020.

The W Hotel – The Palm in Dubai is all set to open its doors this month (January), featuring W’s signature design elements to create a luxurious destination for ‘out of town’ guests as well as for the sophisticated local business and social community.

L-I-V Real Estate Development, a global family of luxurious properties, has launched the third and final phase of LIV Residence Dubai Marina, a waterfront residential tower located on one of the last prime plots of Dubai Marina.

Hyatt Hotels Corporation has entered into a management agreement with wasl Asset Management Group, one of the largest real estate development and management companies in Dubai, for the development of an Andaz-branded hotel at La Mer – a vibrant lifestyle district in the coastal area of Jumeirah.

Dragon City, the largest wholesale and retail trading centre in Bahrain, says it has signed a corporate agreement with Vega Intertrade and Exhibitions, a major exhibition and event organiser in the region, to lease and operate ThaiMart, a Thai-themed retail development in the master-planned project.

Swiss-Belhotel International, which currently manages a portfolio of more than 145 hotels and resorts worldwide, has signed a management agreement with HRR Properties for Swiss-Belsuites Admiral Juffair in Bahrain.