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.
Architectural firm RMJM has presented its latest mixed-use project in Riyadh’s Al Qairawan district. The development is characterised by a contemporary interpretation of Salmani design principles, using textured façades and vertical fins to manage the local climate. By breaking the massing into a collection of varied volumes, the design incorporates green terraces and shaded pedestrian colonnades at street level.
Indian state owned developer NBCC has entered the Dubai real estate market through a new subsidiary, marking its first major international project. The company has purchased land in Dubai Mainland for AED 16 million to build a ten storey mixed-use tower. This project is expected to bring in up to AED 60 million in revenue. The move builds on NBCC’s previous work in the region and its successful track record of delivering thousands of homes in India.
Blox Ventures has completed the acquisition of a prominent city block in Downtown Redwood City for $46 million. The 200,000 square foot mixed-use property was purchased from DWS Asset Management and includes a variety of retail, office and entertainment spaces. Key tenants at the site include Century Theatre, UCSF Health and several popular eateries. This deal adds to the substantial portfolio of Blox Ventures which has managed over $3 billion in real estate since its founding in 2015.
BGO has marked its entry into the North American student housing sector by acquiring a two-tower complex in Edmonton, Canada. The Eleanor and Laurent towers provide a mix of 493 student beds and 272 residential apartments, including 68 affordable units. Located in the Garneau district near the University of Alberta, the fully leased assets represent a significant expansion for BGO’s residential platform.
![[IRHM] logo](https://irhmagazine.com/wp-content/uploads/2025/08/IRHM-AWARDS-2025-1024x683.jpg)
