UAE developer Arada has reached a significant construction milestone by appointing Engineering Contracting Co. (LLC) as the main contractor for the W Residences at Dubai Harbour. The AED1.55 billion agreement covers the delivery of all three luxury towers within the waterfront development. With preliminary works already in progress, the project is set to provide 490 branded homes alongside a suite of high-end amenities.
MERED and EMSTEEL have launched a sustainable construction partnership to pilot high-strength steel solutions in the UAE real estate market. Signed at Abu Dhabi Sustainability Week, the deal focuses on improving building efficiency and reducing material waste. The move follows EMSTEEL receiving the prestigious Diamond Sustainability Label for its environmental leadership.
MAIR Group has agreed a multi-million-dirham deal to acquire the KEZAD Logistics Park - KLP Free Zone 3 in Abu Dhabi. The AED 295 million transaction, completed through subsidiary Makani Real Estate, includes 50 years of land lease rights under a Musataha arrangement. Spanning nearly 130,000 square metres of land, the facility provides high-spec warehouse space with direct access to Khalifa Port.
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.
BNW Developments has entered a major strategic partnership with China Railway No. 4 Engineering Group Co. Ltd. (CREC4) to accelerate its construction projects in Ras Al Khaimah. The collaboration is valued at approximately AED 1 billion and aims to utilize the engineering expertise of the Fortune 500 subsidiary to deliver high-end waterfront destinations. This move follows the completion of initial site works on several BNW projects and marks a shift into a high-speed execution phase for the developer.
Deyaar Development PJSC has officially started construction on DWTN Residences, a significant new high-rise project in Dubai. The developer held a groundbreaking ceremony to mark the start of the flagship tower. The building will provide 522 residential units including apartments, duplexes and penthouses. A unique Royal Palace will sit at the top of the structure. The project focuses on creating a vertical community with extensive amenities.
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