Real Estate

Sobha Hartland in Dubai will be a contemporary community where people can live, work, play and visit Sobha, part of the multinational Sobha Group, says its signature integrated community Sobha Hartland development in Dubai, UAE, is progressing well according to schedule.

EMAAR Properties has unveiled Acacia at Park Heights, a new collection of residential apartments in Dubai Hills Estate, an integrated master-planned community that marks the first phase of Mohammed Bin Rashid City (MBR City) in Dubai, UAE. Acacia at Park Heights features 479 residences in a choice of one, two and three-bedrooms.

Azizi Developments has invested $1.2 billion in Dubai’s realty sector Azizi Developments, a leading UAE property developer, says it has invested an estimated Dh4.5 billion ($1.22 billion) into Dubai’s real estate sector to date, in response to the robust local demand for affordable luxury and value homes.

The UAE-based Al Habtoor Group is studying the possibility of building in Cairo, Egypt, a project similar to its Al Habtoor City that is coming up in Dubai, UAE. Khalaf Ahmad Al Habtoor, chairman of the Al Habtoor Group, said: “It is my hope to build Al Habtoor City in a prime location in Cairo.

Work on Dragon Mall in Diyar Al Muharraq is ahead of schedule Diyar Al Muharraq, a leading urban developer in Bahrain, says work is on target for the Dragon Mall and Asian Dining Street in Dragon City with the main structural framework on both completed and well ahead of schedule.

Wasl Asset Management Group has announced the launch of four major projects in Dubai, UAE, including its mixed-use Creek Heights Residences comprising two towers with the five-star Hyatt Regency Hotel and luxury furnished apartments.

Danube launches two projects Danube Group, the UAE’s biggest building materials supplier, says its property unit has broken ground on two major projects, Dreamz and Glitz by Danube in Dubai, UAE. The launch of these projects marks the entry of the group into the real estate industry.