Real Estate

Millennium Square at Meydan City will be a blend of distinctive lifestyles and cultures G&CO has announced plans to develop Millennium Square, the first-of-its-kind semi-detached freehold luxury villa project at Meydan City in Dubai, UAE, for a total cost of Dh3 billion ($816 million).

CONSTRUCTION work on the Bahrain Marina development project, being developed by Bahrain real estate company Amlak, is expected to commence by the third quarter of this year. Adopting modern urban design, the new project will span nearly 150,000 sq m, covering the existing area of the current Marina Club along the King Faisal Corniche.

Cayan Group is targeting Riyadh and Dubai for expansion CAYAN Group, one of the Middle East’s leading real estate developers, is developing Dh1.2-billion ($326 million) worth of mega property projects in Dubai (UAE) and Riyadh (Saudi Arabia) this year.

DUBAI-based real estate developer Nakheel has signed a joint venture agreement with the global premium real estate brokerage firm Engel & Völkers (E&V) to create a new company specialising in selling and leasing properties in Dubai, UAE.

Dubai realty deals reach $59bn THE value of the real estate transactions in Dubai, UAE, surged to more than Dh218 billion ($59.3 billion) in 2014, a clear indication of its property market’s ability to gain momentum from year to year.