DMCC – the world’s flagship free zone and Government of Dubai Authority on commodities trade and enterprise – has appointed the renowned global consultancy and construction firm, Mace, as the building operations management entity for its soon-to-be-launched Uptown Tower. Bringing...
KEZAD Communities, a real estate investment company specializing in staff residential solutions,and Abu Dhabi Energy Services (ADES), a prominent energy efficiency capacity builder and asubsidiary of Abu Dhabi National Energy Company (TAQA), have announced a collaborationagreement for energy efficiency...
The latest launch of the Dh350 million Ivy Gardens residential project is heat resistant, green, energy efficient, has private pools, recycles grey water for irrigation, supports decarbonization and hence an environmentally sustainable project. The project complies with the Dubai Municipality’s Green...
Under the patronage of H.H. Sheikh Sultan bin Mohammed bin Sultan Al Qasimi, CrownPrince and Deputy Ruler of Sharjah, the activities of the Real Estate InvestmentExhibition (ACRES 2023) will start tomorrow, Thursday, at Expo Centre Sharjah.The exhibition is organised...
Masdar City has secured the LEED Gold O+M (operations and maintenance) rating for the corporateheadquarters buildings of IRENA, Masdar City, and Tabreed, meaning that each building owned bythe Masdar Green REIT is now rated LEED Platinum or Gold.Leadership in...
Despite economic headwinds plaguing the global construction industry, the UAE appears tochallenge the status quo. The vast majority (89%) of construction decision-makers in the country feelconfident about the market conditions over the next 12 months. This is according to...
Penthouse at FIVE Luxe JBR sold for AED 50M in just three days Dubai, United Arab Emirates, May 23, 2023: Penthouse.ae, a luxury division of MetropolitanPremium Properties, a Dubai-based full-service real estate agency, has closed one of the fastestbig-ticket transactions...
The world’s flagship free zone and Government of Dubai Authority on commodities trade andenterprise – has entered a strategic partnership with Brewer Smith Brewer Group (BSBG)that will see the global architecture, design, and engineering firm deliver the second phase...
In 2024, both oil and non-oil sectors are expected to strengthen the UAE GDP growth to reacharound 3.4% from 2.8% in 2023, driven by robust domestic demand; particularly in the tourism, realestate, construction, transportation, and manufacturing sectors, according to...
Aldar Investment Properties (AIP), the largest real estate management company in Abu Dhabi andsubsidiary of Aldar Properties PJSC (Aldar), has successfully raised US$500 million through aninaugural green sukuk.The 10-year sukuk was priced with a 4.875 percent coupon rate and...