Archive for September, 2017

Phase one of Bahrain Water Garden City completed

Phase one of Bahrain Water Garden City completed

14/09/17

Phase one of the Water Garden City project in Bahrain has been completed, as per a statement from Al Bilad Real Estate Investment Company. Al Bilad is the master developer of the project, which is said to offer ‘promising opportunities’ for those wishing to invest in real estate in the country. Phase one includes the […]

Six Construct wins contract for Masdar City project

Six Construct wins contract for Masdar City project

14/09/17

Six Construct says it has won a contract to design and build a new project in Masdar City, Abu Dhabi’s sustainable city. The Masdar Institute Neighbourhood project, set to span 56,200 square meters, is currently in the detail design phase, and will be completed in 30 months, according to a statement. Masdar Institute Neighbourhood is […]

New $2.2bn masterplan unveiled for Dubai's MotorCity

New $2.2bn masterplan unveiled for Dubai’s MotorCity

14/09/17

Union Properties (UPP) on Monday announced a new masterplan for its flagship MotorCity development in Dubai with a completed value of more than AED8 billion ($2.18 billion). The developer also said it has signed an agreement with China State Construction Engineering Corporation (CSCEC) to build the new mega development. It added in a statement that […]

Revealed: Abu Dhabi's new $650m waterfront project

Revealed: Abu Dhabi’s new $650m waterfront project

14/09/17

Aldar Properties has announced the launch of Water’s Edge, a new waterfront development on Abu Dhabi’s Yas Island. With prices starting from AED480,000, Aldar will release one building for sale at Cityscape Global in Dubai next week, the developer said in a statement. Aldar said Water’s Edge is a AED2.4 billion ($650 million), 2,255 home […]

$32bn worth of projects being tendered in the Middle East

$32bn worth of projects being tendered in the Middle East

14/09/17

About $32bn worth of large-scale urban construction projects are now being tendered in the Middle East, according to the Arab-Brazilian Chamber of Commerce (ABCC). A report by the BNC Network revealed that a total of 801 urban construction projects with a combined value of $32bn are currently being tendered in the region. The report also forecasts […]

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