Real Estate

Bentley to furnish homes at The Heart of Europe The Heart of Europe, a cluster of six European-themed islands on The World, 4 km off the coast of Dubai has teamed up with Bentley Home to fit out its exclusive Sweden Island villa project, marking the debut of the iconic European brand in the UAE emirate’s luxury real estate project.

Dubai-based developer Danube Properties has awarded a Dh300-million ($81.5 million) contract for the main construction works on its new residential projects to the UAE’s Naresco General Contracting (Naresco).

Nurol Holding, a renowned Turkish conglomerate, is launching Nurol REIT in the region and is inviting GGC investors to choose from a wide array of properties in Turkey. The regional launch of Nurol Real Estate Investment Trust (REIT) comes on the 50th anniversary of the parent company this year.

Dubai-based MAG 5 Property Development (MAG 5 PD) intends to launch the second phase of its MAG 5 Boulevard located at Dubai World Central’s (DWC) residential district area during Cityscape Global exhibition this month (September).  The affordable housing project is expected to break ground later this year.

Cluttons to launch Lagoona residences Cluttons, an international real estate consultancy, has been appointed to launch a new luxury residential complex in Bahrain, offering residents five-star facilities and access to a beach island with serene views.