Revealed: Raffles hotel set to open on Dubai's Palm in 2021

AccorHotels on Tuesday signed a management agreement with Dubai-based master developer Nakheel to develop a Raffles resort on Palm Jumeirah. The agreement will lead to the opening of PALM360, a two tower development on the world famous island in Dubai comprising the Raffles The Palm Dubai Hotel and Raffles Residences PALM360. Set to open in 2021, PALM 360 will be the first beachside resort for Raffles...

The making of Louvre Abu Dhabi is now a TV show

National Geographic Abu Dhabi (NGAD) has announced the launch of its latest film in its Megastructures series, the making of Louvre Abu Dhabi, the Arab world’s first universal museum. The 44-minute documentary, in partnership with the Tourism, Development and Investment Company (TDIC) and the Department of Culture & Tourism of Abu Dhabi, documents the making of the museum on Saadiyat Island. The...

First part of $540m Abu Dhabi waterfront project revealed

Abu Dhabi-based real estate developer Imkan on Tuesday announced plans for the first mixed-use project in its $540 million 18-hectare waterfront Makers District on Reem Island. Pixel’s seven towers, incorporating residential apartments, co-working office space, F&B and retail, will form a key part of a new neighbourhood and a unique urban living destination being built in the UAE capital. With...

Damac offers 5% discount on new Dubai villas

Damac Properties on Monday announced plans to launch sales of Sahara Villas within its international golf community Akoya Oxygen. Sahara Villas will go on sale on Saturday across Damac’s sales offices with prices for units starting at AED999,999, with a four-year payment plan. In celebration of UAE National Day, Damac said it is offering an exclusive five percent discount on the sale price, valid...

Developer breaks ground on new Dubai residential project

Lootah Real Estate Development says The Gardens will feature over 200 homes, to be delivered in 2019 The Gardens is the latest project by Lootah in Dubai, following the success of Shamal Terraces, Shamal Residences and The Waves, pictured. By Staff writer Mon 04 Dec 2017 02:51 PM Lootah Real Estate Development has broken ground on its upcoming residential project The Gardens in Jumeirah Village Circle,...

New $218m waterfront project opens in Jeddah

A new $218m waterfront project in Jeddah spanning 700,000 sq/m has opened to the public, according to local media. The new 4.2 km development in Saudi Arabia’s commercial hub adds new park areas, a 650 metre walkway as well as three new beaches in the area, Saudi Gazette reported. The new public area with 17 plazas, sculptures, fountains, a water park and 8,000 sq/m of children’s play area was...

Expo 2020 Dubai awards major contract for iconic Al Wasl Plaza

Expo 2020 Dubai has awarded a significant contract for the iconic Al Wasl Plaza building, which will form the centrepiece of the 4.38-square kilometre site. Abu Dhabi-based Cimolai Rimond Middle East General Contracting LLC will provide steelwork for the intricate domed trellis of Al Wasl Plaza. The UAE-Italian joint venture will provide the trellis structure for the 67.5-metre tall, 130-metre wide...

Dubai land sales said to soar by $8bn since 2012

The value of annual land sales in Dubai has risen by AED30 billion ($8.17 billion) over the last five years, with Business Bay identified as a key area for further growth, according to new research. fäm Properties, one of the emirate’s biggest real estate brokerages, said land sales for this year so far has reached AED68 billion compared to AED38 billion for the whole of 2012. Firas Al Msaddi, CEO...

UAE close to completing construction of first nuclear power plant

The construction of the first nuclear power plant at Barakah is almost complete, according to the Emirates Nuclear Energy Corporation (ENEC). In a progress report cited by the state news agency WAM, ENEC confirmed that the first of four units being built is now 96 percent finished and plans are at “full tilt” for its operational readiness. The report said the Barakah project west of Abu...

Emaar says more than 7,500 hotel rooms in pipeline

Emaar Hospitality Group has more than 7,500 rooms currently under development in hotel projects across local and international markets. The company has 10,000 hotel rooms, with over 2,500 already operational across its 11 hotels in Dubai, and 30 upcoming projects in the UAE, Saudi Arabia, Bahrain, Egypt, Turkey, and the Maldives. The under construction rooms are spread over three hotel brands including...