IRHM, Your Global Window into Real Estate and Hospitality

October 21, 2026

Masterplan

Arada has submitted initial planning applications for its AED12 billion Thameside West regeneration project to the London Borough of Newham. The first stage will deliver nearly 1,500 homes, including two buildings providing 100% social rent. Spanning 47 acres in the Royal Docks, the landscape-led masterplan incorporates a seven-acre public park, a one-kilometre waterfront walk and plans for a new DLR station.
The Government of Maldives and Abu Dhabi-based developer Eagle Hills have signed a commercial terms agreement for the USD 12 billion "Maldives Waterfront and Marina" project in Ras Malé. The mega-project features hotels, branded residences, a marina, and civic facilities under long-term 99-year leaseholds. Built entirely on reclaimed land, the multi-phase scheme aims to establish a structured real estate sector and support the country's economic targets.
Zaha Hadid Architects has unveiled the masterplan for Baku Expo City, a 198-hectare development in Azerbaijan. The scheme accommodates population growth through diverse housing, community facilities and an expanded exhibition centre. Designed to adapt to local wind conditions and climate, the project preserves 92% of the site’s 18,000 trees while incorporating green roofs, renewable energy systems and upgraded public transport connections.
Aldar Properties has recorded AED 1.5 billion in sales during the initial release of The Canopies, a six-building residential community situated at Yas Point on Yas Island. The launch attracted strong international interest, with first-time buyers accounting for 84% of total sales across the development.
Aldar has announced Yas Point, a new six billion dirham waterfront development on the northern shore of Abu Dhabi's Yas Island. The massive mixed-use masterplan spans 600,000 square metres and will feature 1,600 residences, a five-star resort hotel and an international school. The project focuses heavily on walkability, incorporating three public parks and a 700-metre shoreline promenade alongside the first northern beach on the island.
Manchester United has announced the location for its proposed 100,000-seater stadium, situated 350 metres from Old Trafford. The venue forms the centrepiece of the Trafford Wharfside masterplan, a 150-hectare regeneration project backed by Trafford Council and regional authorities. The project aims to create 48,000 jobs and 15,000 homes, delivering a projected £7.3 billion annual boost to the UK economy.

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