Business Bay

Deyaar to hand over 1300 units this year

Deyaar announced today that they will hand over seven different projects, comprising a total of 1300 units, within 2009. The projects scheduled for delivery in 2009 include both commercial and residential projects. At Business Bay, The Citadel and Hamilton Residency will be handed over in 2009. In the... 

Dubai Holding merge back-office operations

Dubai Holding unveiled a major restructuring on Sunday in order to cut costs amid the global financial crisis. Dubai Holding, owned by the ruler of Dubai, Sheikh Mohammed bin Rashid al-Maktoum, said it would merge back-office operations at three of its real estate entities, Dubai Properties Group, Sama... 

Business Bay work progressing as scheduled

Dubai Properties, the master developer of the Business Bay-district in Dubai, announced yesterday that the development was progressing as scheduled. Phase one of the 64 mn square feet project is set for completion in 2015 and will contain 240 towers and be home to more than 191.000 people when completed. According... 

DAMAC Properties’ completes enabling works at two flagship Business Bay properties

Click image for large view Leading property developer Damac Properties Dubai has announced that enabling works at two of its developments at Business Bay have been completed. Work to carry out shoring piles and excavation in readiness for construction of the two properties at Capital Bay and Park Central... 

Dubai Properties to showcase and release megaproject at Cityscape Dubai 2008

Dubai Properties, leading master developer and a subsidiary of Dubai Properties Group (DPG), yesterday announced it will release details on its new projects and showcase existing developments at Cityscape Dubai 2008, one of the largest business-to-business real estate investment and development events... 

Hydra Properties completes excavation work for Corporate Towers at Al Reem Island

Hydra Properties, the leading UAE-based international property developer, announced the completion of excavation work for iconic Hydra Corporate Towers located at Al Reem Island in Abu Dhabi. Reaffirming his commitment to remain as a real estate trendsetter, Dr. Sulaiman Al Fahim, Chief Executive Officer,... 

Hydra Properties completes foundation work of Hydra Avenue Towers at Al Reem Island

Hydra Properties, the leading UAE-based international property developer, today said that it has fast tracked its prestigious Hydra Avenue Towers project, located at Al Reem Island in Abu Dhabi, by completing the foundation work for the project ahead of the schedule. “Hydra Avenue Towers is all... 

Construction work on Oberoi Centre

Rani International Development LLC, the wholly-owned subsidiary of the Aujan Group, today announced the appointment of Al Naboodah Contracting LLC to undertake the construction works of the Oberoi Centre in Business Bay. Al Naboodah Contracting LLC will mobilize on site in Business Bay in July, following...