Cosmo Developments, a joint venture between Abu Dhabi-based Flag Holding and Reportage Group, has announced the launch of The Wadi, a AED6 billion ($1.6 billion) mixed-use residential development located on Yas Island. It boasts a total of 3,950 residential units with a mix of studio units to three-bedroom apartments.
Club Hawaii @ Bahrain Surf Park, a first-of-its-kind surf and leisure destination at Bilaj Al Jazayer development in Bahrain has achieved a major construction milestone with the completion of lagoon filling ahead of its opening this year. Once operational, the surf park will generate up to 1,000 waves per hour.
Dubai developer Nakheel has awarded the main construction contract worth over AED800 million ($218 million) to Metac General Contracting for key phases of Bay Grove Residences on Dubai Islands. The deal covers the construction of 537 one- to four-bed homes across seven buildings.
Responding to growing demand for GAA Living’s rental living advisory services, the sector-specialist consultancy has announced its expansion into the Middle East and the opening of a new headquarters in London’s West End.
Red Sea Global (RSG) has announced the opening of its premier development - Jayasom Wellness Resort Amaala - thus bringing a distinctive holistic health offering to the destination. Designed by Heah & Co., with interiors by Studio Carter, the resort comprises 153 keys alongside 24 residences.
Saudi Arabia’s Knowledge Economic City has signed an agreement with Almajdiah and Capital Hill for the development of a new residential project in Madinah at an estimated cost of SAR2.8 billion ($738 million). The project will boast around 2,700 residential apartments as well as 8,000 sqm net leasable commercial space.
Abu Dhabi's Miral has announced plans to invest more than AED12 billion ($3.3 billion) across Yas Island over the next five years, reflecting a clear focus on expanding its existing leisure attractions as well as boosting the hospitality offering, adding new hotel rooms and elevating its accommodation portfolio.
Atara Development said steady progress is being made on its premium project - The Residences at Sheraton Al Marjan Island Resort in Ras Al Khaimah - with shoring, piling and foundation works in full swing. On completion, it will boast 168 furnished homes with a mix of one- and two-bedroom units.
International developer VA Group has announced that it has secured long-term land rights in Oman’s historic Muttrah waterfront, to develop an 18.5-hectare mixed-use project, featuring a mix of residences, leisure and retail facilities within the Port Sultan Qaboos Waterfront Masterplan.
Bloom Holding, a premium communities master developer based in Abu Dhabi, has announced the launch of Alhambra, the final release of Bloom Living, its fully integrated and all-inclusive community in the UAE capital, featuring a mix of residential, retail and dining facilities.
