NewsAbu Dhabi
Aldar to open 7 hotels on Yas Island
The Abu Dhabi Tourism Authority said yesterday that Aldar Properties will commission seven hotels on the Yas Island by November. “The hotels – four 5 star properties, one 4 star and two 3 star – together will boost Abu Dhabi’s accommodation inventory by 2,298 rooms and its food...
Aldar’s projects on track
Abu Dhabi’s biggest real estate developer Aldar Properties has not slowed down or put on hold any of its projects due to the global financial crisis and has no plans to lay off staff to cut costs, a senior Aldar executive told Gulf News. “Everybody is affected by the financial tsunami, nobody...
Work on Dh20bn Al Ghadeer starts
Abu Dhabi-based real estate developer Sorouh Real Estate has started infrastructure works of the Dh20 billion-Al Ghadeer development, said a senior official. The project is located on the Dubai-Abu Dhabi border. “The company does not have any problem with regard to liquidity at present. It collected...
Yas Mall to be showcased at MAPIC
Aldar Properties, Abu Dhabi’s leading property development, investment and management company today unveiled plans to build a signature Super Regional Mall as part of Abu Dhabi’s premier retail and leisure destination at Yas Island. Leading retailers, property developers and investors attending MAPIC,...
Eco Towers launched
Connection Real Estate, an Abu Dhabi-based property development company, yesterday launched a Dh1 billion mix-use environmentally-friendly project in the capital – Eco Towers – comprising luxury apartments and commercial property. Chairman of the board of directors of Connection Real Estate,...
Developers see challenges ahead
Despite tight credit weighing down on prices of property purchased in the secondary market, developers say a combination of continued strong demand and limited supply will sustain prices in the long term. Prices have dipped in the past few days after dramatic growth in the first half of the year as property...
Mayadeen unveils Dh1.6b project in Abu Dhabi
National Ranges Company (Mayadeen), a Kuwaiti shareholding property development firm, has launched Aurora, its Dh1.6 billion landmark project in Abu Dhabi. Located in Shams on Al Reem Island, the project includes the construction of two residential towers, which will be 53 stories each and stand 208...
Capital Gate, most inclined tower in the world?
As construction of Capital Gate continues in the UAE capital city, Abu Dhabi National Exhibitions Company (Adnec), which is developing the iconic building, and RMJM, project architects, have submitted a joint application to the Guinness Book of Records to recognise the tower as the “most inclined...
Solace Properties unveils Dhs700m project
Solace Properties, an Abu Dhabi based developer, unveils Solace Livings, a mixed use residential and commercial tower valued at Dhs700m at Al Reem Island, Abu Dhabi. Solace Livings is an iconic 30 storey waterfront development located directly on sea in the Central Business District of Al Reem Island. The...
Michael Schumacher World Champion Tower launched
Click for large view The Michael Schumacher World Champion Tower (MSWCT) will be located in a spectacular setting in the Central Business District of Reem Island, Abu Dhabi, capital of the United Arab Emirates. The wharf tower will emerge from the sea, integrated beautifully with the water on the...
