UAE Focus

ABU DHABI Ports Company (ADPC) and Abu Dhabi’s Tourism & Culture Authority (TCA Abu Dhabi) have unveiled the design of a new cruise terminal in Zayed Port, which is expected to become the next big landmark for cruise tourism in the Gulf.

MAG Property Development is to launch six upscale projects worth a total of $3 billion, five of which will be in Dubai, and one located overseas in the US.

Turner wins Burj 2020 deal LEADING US construction company Turner has won a contract from Dubai Multi Commodities Centre (DMCC) to project manage its upcoming Burj 2020 District development in Dubai.

UAE developer Meraas Holding has launched its La Mer project, a mixed-use development coming up on 9.5 million sq ft of land in Dubai’s beachfront district of Jumeirah.

DUBAI Properties (DP) is to launch a luxury waterfront hotel in its Culture Village, a mixed-use master development situated along the Dubai Creek. The hotel, due to open in early 2018, will be one of the first luxury hotels in the Culture Village, and will be operated by Anantara Hotel Resorts and Spa.

TECOM Investments aims to develop 1 million sq ft of additional office space, spread out across its 11 business parks at an overall investment of Dh1.5 billion ($408.2 million).

UAE retailer Majid Al Futtaim (MAF) has begun work on the second phase development at its flagship Mall of the Emirates in Dubai. This stage will see the mall expand by a gross leasable area of 25,000 sq m and includes a new VOX Cinemas complex, retail anchor stores, new lifestyle options, and dining choices.

SWEID & SWEID Development, a Dubai-based boutique real estate firm, has commenced work on a new commercial building in the heart of Dubai Internet City (DIC) in Dubai.

INVESTMENT Corporation of Dubai (ICD) and Kerzner International Holdings, a leading developer and operator of destination resorts and luxury hotels, will develop The Royal Atlantis Resort and Residences at a cost of $1.4 billion in Dubai.