Tag: DUBAI

Construction & Real Estate

Idealist Real Estate enters strategic crypto payment deal for Dubai projects

Idealist Real Estate, a Dubai-based luxury property company, has entered a strategic partnership with Citi Developers to integrate institutional-grade crypto payment technology into real estate transactions, through Xerime DMCC, reinforcing the emirate’s positioning as the most advanced regulated jurisdiction for virtual assets globally....

Construction & Real Estate

Ritchie Bros. powers the year end, fueled by record Q3 EMEA sales

Ritchie Bros., a global asset management and disposition company, builds momentum ahead of its End-of-Year campaign, riding the strong engagement generated during its Super September Q3 campaign across key equipment sectors in Europe, Mideast and Africa. ...

Construction & Real Estate

Symbolic unveils 108-unit residential development in Dubai

UAE-based Symbolic Developments has announced the launch of its latest residential project, Symbolic Altus, located in Liwan, Dubai. It features 108 fully furnished apartments with a mix of one- and two-bedroom units and other amenities. ...

Construction & Real Estate

Emaar unveils ultra-luxury mansions at $27.2bn Dubai community

Dubai master developer Emaar has announced the launch of its newest project - Dubai Mansions - featuring a limited collection of ultra-luxury mansions ranging from 10,000 to 20,000 sq ft along with premium amenities, at its AED100 billion ($27.2 billion) master-planned community Emaar Hills. ...

Construction & Real Estate

Empower starts construction of its second district cooling plant in JVC

Emirates Central Cooling Systems Corporation (Empower) has announced that it has started work on its second district cooling plant in Jumeirah Village Circle, which on completion, will have a production capacity of 37,000 refrigeration tonnes (RT). ...

Construction & Real Estate

REEF breaks ground on its 142-unit Dubai residential project

REEF Luxury Developments has broken ground on its residential project within Al Furjan community in Dubai. Set for 2027 completion, the REEF 999 features 142 apartments with a mix of one- to three-bed units as well as exclusive Sky Villas. ...

Construction & Real Estate

Ellington awards $272m contract for Uptown Dubai mixed-use project

Dubai-based Ellington Properties has announced that it has awarded a contract worth more than AED1 billion ($272 million) to China Railway 18th Bureau Group for its prime mixed-use development - Mercer House - located in Uptown Dubai. ...

Construction & Real Estate

Sobha soars high with its tallest creation, Sobha SkyParks, in Dubai

Sobha Realty has announced the launch of its tallest creation - Sobha SkyParks - rising 109 floors on Dubai's Sheikh Zayed Road, with 684 luxury homes. The landmark project boasts four themed SkyParks offering leisure, wellness and recreation to its residents. ...

Construction & Real Estate

RTA opens 300-m-long single-lane bridge on Sheikh Zayed Road

Dubai’s Roads and Transport Authority (RTA) has joined hands with Majid Al Futtaim Properties, to open a 300-m-long single-lane bridge on Sheikh Zayed Road. The new bridge, which provides direct access for motorists arriving from Abu Dhabi, can accommodate up to 900 vehicles per hour. ...