Al Reem Island

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... 

Dar Al Dhabi Real Estate announces the unveiling of the 1st phase of The Wings

Soaring 300 metres, The Wings are positioned to redefine the Abu Dhabi skyline. Dar Al-Dhabi Real Estate unveiled the first phase of the stunning residential and commercial development at Cityscape Dubai 2008. The Wings, located on Al Reem Island’s only marina yacht club, represent the heart of... 

The Gate Towers 6 Billion AED development contract awarded to Arabian Construction Company

Click image for large view Sorouh Real Estate PJSC and Tameer Holding Investment LLC today announced the award of a AED 6.2 Billion contract to Arabian Construction Company (ACC) to build The Gate Towers, a joint venture project, situated at the entrance of Sorouh’s flagship project, SHAMS Abu... 

Asteco set to unveil Dh2b Central Park project

Real estate and property services leader Asteco has won the contract for apartment sales of Central Park, Abu Dhabi’s newest residential tower. Representing an investment of more than Dh2 billion, the Central Park development comprises two towers offering 640 one, two and three-bedroom apartments. The... 

Kuwaiti developer to build two skyscrapers on Reem Island

Dar Al Dhabi Real Estate, a Kuwait-based developer, is planning to build two 300 metre towers on Reem Island that would be among the tallest in Abu Dhabi. The project, called “The Wings”, will be located in Reem Developers’ Najmat section on the part of the island that faces Abu Dhabi. The towers... 

First Dubai prepares to execute large development plan

First Dubai Real Estate Development Company, a subsidiary owned by Al Mazaya Holding, has successfully increased its capital assets from KD 22 million to KD 94 million in a two weeks period, thus enabling the company to proceed with its plan to take over First Waterfront Company. First Dubai intends... 

Property prices on Reem more than double

Property prices on Reem Island, a residential, commercial and business project off the coast of Abu Dhabi, have more than doubled to almost Dh3,000 per square foot from from Dh 850 to Dh950 over the last eight to nine months, a real estate expert has said. “We have been seeing a rapid acceleration... 

Major construction contract signed for Tameer Towers

Real estate leaders Tameer and Sorouh today finalized an agreement with a joint venture of Al Habtoor Engineering / Murray & Roberts / Al Rajhi Projects to construct the landmark Tameer Towers project in Abu Dhabi for a cost of AED 6 billion, bringing the total cost of the project to AED 8 billion. This... 

Hydra Executive Towers underway

Hydra Properties, the leading UAE-based international property developer, today announced the completion of 60% of excavation work for the magnificent Hydra Executive Towers located at Al Reem Island in Abu Dhabi. Hydra Executive Towers consists of three towers and two of them will rise up to 30 stories...