Go-ahead for Dubai creek project
A project to develop the Dubai creek front in Bur Dubai’s Al Seef area has been given the green light.
The project, estimated to cost about Dh2 billion ($544 million), covers a 1.8-km area extending from Al Fahidi, said a Wam report.
The development, scheduled for completion by the end of 2016, will consist of a floating market, hotels restaurants, art galleries and shops for Emirati handicrafts.
Wasl residential projects completed
Wasl properties has announced the completion of its latest residential buildings, wasl amber and wasl onyx, both located in the Al Karama district of Dubai.
The sister developments bring modern urban-style living to the well-established residential area that is popular for its shops, banks, malls, hotels and restaurants, a statement said.
The two developments comprise 153 apartments in total, with wasl amber providing 84 flats and wasl onyx, 69. Both feature a mix of one-, two- and three-bedroom units.
RTKL to design Reem Mall
National Real Estate Company (NREC), a leading real estate developer in the region, has appointed global architecture, planning and design firm RTKL as the design consultant for The Reem Mall, Abu Dhabi’s new retail, leisure, dining and entertainment destination.
The construction of the Reem Mall is expected to begin by early next year and the centre will launch in 2018, with an investment of around $1 billion.
The centre will contain some of the largest hypermarket space in the region and will include 450 stores, 85 restaurants and a range of family-focused entertainment offerings.
Shane Eldstrom, NREC’s vice-president – development, said: “RTKL brings a unique perspective to retail space design and we are very excited about its approach to The Reem Mall. The design will incorporate natural elements of the region and its history.”
MAF Dalkia launches ‘energy’ centre
MAF Dalkia has introduced Dalkia Energy Savings Centre (DESC) for the first time in the Middle East to monitor and optimise the energy performance of buildings in real-time.
A leading regional service provider of multi-technical and energy management services and a joint-venture between Majid Al Futtaim and Dalkia, MAF Dalkia has enhanced its building energy efficiency services (Bees) with launch of DESC, an innovative energy efficiency management tool that makes energy savings by reducing the consumption in buildings.
Bees proprietary energy management model offers companies various energy efficiency solutions.