Dubai has announced a landmark AED100 billion expansion of the Dubai International Financial Centre, known as the DIFC Zabeel District. The project will double the capacity of the current financial hub to accommodate over 42,000 companies and 125,000 employees by 2040. Spanning 17.7 million square feet, the development includes a major focus on AI and future technologies, alongside residential and educational facilities.
Sun Group has officially broken ground on a massive 5-star "hotel city" in Phu Quoc to prepare for the APEC 2027 Summit. The developer intends to finish the project in just 18 months, adding 12,000 rooms and serviced apartments to the island. This development includes 15 beachfront hotels and a major shopping centre managed by Lotte. International brands such as Marriott, Hilton and Accor are all signed on to manage the new luxury sites.
Ohana Development and Manchester City F.C. have signed a landmark agreement to launch a multi-billion-dirham residential project in Abu Dhabi. Spanning 1.67 million square metres, ‘Manchester City Yas Residences by Ohana’ will be the first branded residential destination for the football club. Located on the Yas Canal waterfront, the development blends the club’s global identity with luxury architectural design.
Hilton and Extell Development Company have officially signed an agreement to debut the Waldorf Astoria Deer Valley Resort and Residences in 2028. Located in the newly developed East Village in Park City, Utah, the project offers premier ski-in, ski-out access next to the resort's longest ski run. The development features 132 hotel rooms and 105 luxury branded residences designed by Kohn Pedersen Fox and AvroKO. Amenities will include a 15,000 square foot spa, a cantilevered pool and the iconic Peacock Alley lounge.
Emirates Airline has confirmed a major land deal with Dubai Investments Park to build a massive residential complex for its staff. This multi-billion-dirham project will eventually house 12,000 cabin crew members across 20 modern buildings. The site is positioned perfectly between Dubai’s two main airports to support the airline as it grows and moves operations. Construction is due to start in just a few months with the first residents moving in by 2029.
Dar Global and The Trump Organization have unveiled Trump Plaza Jeddah, a USD 1 billion mixed-use development in Saudi Arabia. Located within the Amaya master plan, the project includes luxury residences, Grade-A offices and a private central park. The site will feature a 4,000-square-metre private members' club alongside elite dining and retail options. This launch marks the third collaboration between the two entities in the Kingdom.
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