Real Estate

With the Address Hotels + Resorts, Emaar has set new standards in the hospitality industry. Emaar Hospitality Group has opened a new city lifestyle resort in Dubai under the premium luxury hotel brand Address Hotels + Resorts.

UAE-based MAG 5 Property Development (MAG 5 PD) has launched the third phase of MAG 5 Boulevard, its first project within the strategic Dubai South area.

Damac Properties has awarded 121 construction, supplier and consultancy contracts valued at Dh1.4 billion ($381 million) in Dubai in the first two months of the year.

Ellington launches second community project in JVC UAE-based Ellington Properties, a boutique property development company, has launched Belgravia 2 in Jumeirah Village Circle (JVC), an upcoming residential district in Dubai.