Explore the amazing Dubai Safari project

Dubai Safari project was launched two days ago by Dubai Municipality. It will be located in Al Warqa 5 in Aweer Road in an area 400 hectares. The project will include Dubai Safari, Butterfly Park, golf courses, entertainment and recreational areas. Read more

Abu Dhabi to resume projects on hold

Major developers Aldar and Sorouh post improved profits for year end

New terminal in Abu Dhabi International Airport to open in 2016

Major developers Aldar and Sorouh post improved profits for year end
Prime Grade A office space released, raising the bar for commercial space in the city

Cluttons announces its Q1 market report for Abu Dhabi’s commercial market 2012.
Abu Dhabi Executive Council announced the resumption of many previously stalled projects including the long-awaited Louvre and Guggenheim museums on Saadiyat Island, and the new terminal for Abu Dhabi International Airport. This promises a positive outlook for 2012 as major developers like Aldar and Sorouh post improved profits for 2011. Sorouh ended the year AED 383 million in profit, up from AED16.1 million in 2010. Aldar also posted significant profits of AED 642.5 million. Read more

Middle East injects US$180 billion into 113 new power, water, energy projects

New power, water, and energy projects valued at US$180 billion are underway or at the planning stages in the Middle East, as the UAE forges ahead with 20 projects worth US$34.2 billion.

Spearheaded by the US$20 billion Nuclear Power Plant in Abu Dhabi, which began construction late in 2011, the UAE will be one of the most active markets in the power, water and energy sectors over the next two years, at a time when power demand across all GCC countries is expected to grow 8 to10 per cent annually. Read more

New construction projects in Abu Dhabi

A number of new development projects have been approved today for the emirate of Abu Dhabi, especially in the areas of social services, housing, health and education. This is in keeping in line with the Government’s priorities in providing a dignified life and adequate housing for all citizens, reports the official news agency WAM. Read more

Vegas-style entertainment complex to be built on Shaikh Zayed Road

The Al Habtoor Group launched one of the region’s biggest and most luxurious hotels ‘&’ entertainment  complex development that will be built in a prime location on Sheikh Zayed Road.

This magnificent new entertainment complex will be built on the one million square foot property opposite Al Safa Park that currently houses one of Dubai’s first hotels. The 34-year-old Metropolitan Hotel, which now stands on this choice location, will be demolished to make way for the new undertaking. Read more

Etihad Towers, Abu Dhabi on schedule for hand-over this year

• Five stunning towers bring luxury lifestyle choice to Abu Dhabi
• Landmark development integrates homes, offices, retail, hospitality and leisure components

Abu Dhabi is setting a new benchmark in luxury living. Etihad Towers, Abu Dhabi, a path-breaking luxury development by Sheikh Suroor Projects Department (SSPD) is on schedule for the handover of its first homes and offices later this year alongside rich lifestyle amenities including a five star hotel and boutique retail arcade.

A reflection of Abu Dhabi’s modern, sophisticated and luxurious ambitions, Etihad Towers is a spectacular five-tower development and a sparkling addition to the city’s skyline. It also accomplishes the promise of a new lifestyle destination, which is much-sought after in the capital city of the UAE. Read more

Global direct real estate investment volumes rise nearly 50 percent in Q2, 2011

Global direct real estate investment volumes in the second quarter of 2011 totaled more than US$101 billion, up seven percent from the previous three months and 47 percent from the second quarter 2010, according to preliminary research findings from Jones Lang LaSalle’s global capital markets experts. Read more

Launch of Arabic version of Sphere Handbook 2011

The Sphere Project, a leading initiative promoting quality and accountability in humanitarian work, launched today the Arabic version of the 2011 revised edition of the Sphere Handbook: Humanitarian Charter and Minimum Standards in Humanitarian Response. The Launch took place in Abu Dhabi, United Arab Emirates (UAE), in collaboration between UNOCHA/IRIN and Khalifa University of Science, Technology and Research. Read more

Deerfield’s Town Square on Track for Delivery in Q4 2012

Deerfield’s Town Square, the AED700-million destination mall taking shape at the Al Bahiya district of Abu Dhabi, has achieved significant progress on the leasing and construction front and is on track for delivery in Q4 2012, developers MBI announced today.

With Jones Lang Lasalle on board as retail and leasing consultants, over 34 per cent of the project has already been leased to retail tenants. Nearly 40 per cent of the mall’s 808,000 sq. ft. gross leasable area has been assigned for retail, while 24 per cent is allocated for retail anchor, 18 per cent for entertainment, 14 per cent for food and beverage options, and four per cent for services outlets. The development is anticipated to receive a target footfall of 10 million visitors per annum. Read more

ADNEC unveils Marasi Village

In a move that underlines its status as a strategic destination developer, ADNEC (Abu Dhabi National Exhibitions Company) has unveiled Marasi Village, a luxury waterfront development comprising 81 luxury villas for sale exclusively to UAE Nationals.

The latest addition to ADNEC’s expanding portfolio of award-winning projects, Marasi Village(www.marasivillage.ae) is located on the shore of the Al Bateen Channel, near the iconic Capital Gate tower and the Abu Dhabi National Exhibition Centre – a commercially significant area, highlighted as a location of strategic importance in Abu Dhabi’s future growth plan. Read more

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