Construction & Real Estate

Construction & Real Estate

Zimaya launches 183-unit residential tower in Dubai Production City

Tue, 27 Oct 2026

Dubai-based Zimaya Properties has announced the launch of its new residential development - Lawncrest - in Dubai Production City, featuring 183 apartments - with a mix of studios, one- and two-bedroom units - across a ten-storey building, with views of the greens of Jumeirah Golf Estates.

Construction & Real Estate

Top real estate event Cityscape Global postponed to February

Tue, 27 Oct 2026

This year's edition of Cityscape Global, one of the world’s most influential real estate events, which was scheduled to be held next month (November 16) in Saudi capital Riyadh has now been postponed to February 1 to 4, 2027 amid ongoing regional tensions, said the event organisers.

Construction & Real Estate

Dar Global plans new Dubai fund to target GCC, EU, US property markets

Tue, 27 Oct 2026

Dar Global Capital Partners (DGCP), a unit of London-listed luxury developer Dar Global, has outlined a cross-border investment strategy targeting real estate opportunities across the GCC, Europe, UK and US. As part of this, DGCP is looking at setting up a dedicated Dubai-focused real estate opportunities fund.

Construction & Real Estate

Umm Al Qura inks land sale deal for Makkah hotel apartments

Mon, 26 Oct 2026

Saudi-based Umm Al Qura for Development and Construction Company has announced that it has signed a land sale agreement with Methak Investment Holding for the development of a hotel apartments complex and rooms tower in Zone 3 of its mega Masar Destination in Makkah.

Construction & Real Estate

KLUDI joins Joe Tabet to showcase design innovation

Mon, 26 Oct 2026

KLUDI, the German bathroom and kitchen fittings specialist and part of the RAK Ceramics Group, will participate in Downtown Design 2026, taking place at Dubai Design District (d3) from November 4 to 8.

Construction & Real Estate

Dubai awards $816m contracts for stormwater drainage projects

Mon, 26 Oct 2026

Dubai Municipality has awarded contracts worth AED3 billion ($816 million) for four new projects under Phase 3 of the ‘Tasreef’ Programme to develop the city's stormwater drainage network. The scope of work includes the construction and extension of 100 km of main drainage lines.

Construction & Real Estate

Atara unveils boutique waterfront project on Dubai Islands

Mon, 26 Oct 2026

Atara Development has announced the launch of Velora Residence, a boutique collection of 58 fully furnished homes on Dubai Islands. At the heart of the development is 'The Curated Pause,' a design concept built on four elements: water, air, light and wood to put wellbeing at the centre of waterfront living.

Construction & Real Estate

Nakheel awards $259m contract for Bay Grove Residences

Mon, 26 Oct 2026

Dubai master-developer Nakheel has announced that it has awarded Parkway International a construction contract valued at over AED950 million ($259 million) for Phases 2 and 4 of Bay Grove Residences on Dubai Islands. It covers 617 homes ranging from one to four-bedroom across eight residential buildings.

Construction & Real Estate

Aseer Municipality develops 500,000 sq m site for car showrooms

Mon, 26 Oct 2026

Aseer Region Municipality, represented by Khamis Mushait Municipality, has completed the development of a new site for car showrooms north of the governorate, spanning more than 500,000 sq m.

Construction & Real Estate

Nama Electricity Distribution plans $1.6bn investment to modernise Oman’s power networks

Mon, 26 Oct 2026

Nama Electricity Distribution plans to invest more than RO600 million ($1.6 billion) between 2026 and 2029 to expand and strengthen electricity networks, upgrade infrastructure and accelerate the transition towards a smart, data-driven power distribution system across Oman.