LEAD Real Estate has announced that work is moving at a steady pace on its AED3.13 billion ($852 million) Al Dhaher Housing Project, an integrated community development in Al Ain. Set for completion in Q4 2028, Phase I of the project will feature 1,000 villas with a mix of four- to six-bedroom units.
The Department of Municipalities and Transport (DMT) has increased the maximum gross floor area allowed for homes in the Shuwaib National Housing Project to 900 sq m in co-ordination with Abu Dhabi Housing Authority, thus giving Emirati families greater flexibility to expand and customise their homes.
The Royal Commission for Riyadh City (RCRC) said it had completed the master plan for Northeast Riyadh, laying out the framework for the development of a 456-sq-km area earmarked for future infrastructure, housing and commercial investment.
Bahrain's Ministry of Housing and Urban Planning (MoHUP) has received two bids for Madinat Khalifa housing project, a landmark private-sector housing development comprising more than 2,500 units under the kingdom's Government Land Development Programme (GLDP).
Saudi Arabia's Ministry of Municipalities and Housing has developed approximately 6 million sq m of public parks across the kingdom between 2023 and 2025 through private sector investment models, generating an estimated financial impact of SAR2.4 billion ($639 million).
Leading UAE developer Aldar is set to build two integrated communities in Mohamed Bin Zayed City and Baniyas in Abu Dhabi that will deliver 9,000 new residential units across the emirate. With AED2.8 billion ($762 million) gross development value, these projects will add to Aldar’s develop-to-hold pipeline.
The future of the Saudi heavy construction equipment market appears promising, driven by ongoing government initiatives and urbanisation trends. Under its Vision 2030 initiative, the kingdom aims to invest over $500 billion in mega housing and urban development projects, thus driving demand for advanced machinery, said a report.
The second edition of Abu Dhabi Infrastructure Summit (ADIS) kicks off in May this year at the ADNEC Centre, anchored by the emirate's $57 billion infrastructure pipeline spanning housing, transport, culture, education, and social infrastructure, said the event organisers.
Abu Dhabi and Dubai have approved major housing benefits totalling AED9.52 billion ($2.59 billion) for their citizens ahead of Eid-Al-Fitr, reflecting the leadership’s ongoing commitment to enhancing Emirati families’ wellbeing.
Kuwait has reported significant progress in its projects for February, with infrastructure and building works advancing at a rapid pace across several housing cities including Al Mutlaa City (where 170 buildings are under construction) and South Sabah Al Ahmad City (where key roads works are underway).
