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Tag: Abu Dhabi

Construction & Real Estate

Taraf, Masdar City to launch 153-acre residential masterplan in Abu Dhabi

Taraf, the real estate division of Yas Holding, and Masdar City, Abu Dhabi’s pioneering sustainable urban district, are joining forces to develop Fay Hills, a 153-acre residential masterplan designed around sustainability, wellness, and human-centred living. ...

Construction & Real Estate

Modon inks $1.36bn contract for 735 Abu Dhabi villas

Modon has awarded the main construction contract for two of its residential developments on Hudayriyat Island: Nawayef East and Nawayef West. With a total value of AED5 billion ($1.36 billion), the contract is the largest awarded for residential projects in Abu Dhabi in 2025....

Construction & Real Estate

Parkin seals landmark 5-year agreement with Damac

Parkin Company, a leading provider of paid public parking facilities and services, has signed a five-year agreement with Damac Properties to optimise the use of 3,600 parking spaces across Damac’s portfolio of premium developments in Dubai and Abu Dhabi. ...

Construction & Real Estate

Modon awards $272m construction contract for Reem Island project

Leading developer Modon has awarded an AED1 billion ($272 million) construction contract for the Maysan project on Reem Island, Abu Dhabi. The scope of work includes development of two integrated residential communities featuring 244 townhouses. ...

Construction & Real Estate

Radisson-branded waterfront residences to come up in Reem Island

UAE-based Royal Development Holding has entered into a deal with Radisson Hotel Group to develop a premium branded residential project in Abu Dhabi. A major project, Radisson Residences Reem Island is set to redefine waterfront living in the UAE capital. ...

Construction & Real Estate

NSCC International lands Riviera Residences project works contract

Leading developer Mered has appointed NSCC International as the enabling works contractor for Riviera Residences, its landmark waterfront development on Al Reem Island in Abu Dhabi featuring more than 400 apartments, 12 exclusive villas and a penthouse. ...

Construction & Real Estate

Mubadala, Aldar in landmark $16bn Al Maryah Island expansion deal

Mubadala and Aldar have announced a landmark AED60 billion ($16.3 billion) expansion of Abu Dhabi’s financial district on Al Maryah Island. The development will deliver 1.5 million sq m GFA including Grade A offices, luxury homes, retail and hospitality space. ...

Construction & Real Estate

Modon launches first premium waterfront community on Hudayriyat Island

Leading UAE developer Modon has unveiled its first ultra-premium waterfront community on Hudayriyat Island - Bashayer - featuring 157 luxury villas, as well as 330 apartments, including penthouses with views of Al Bateen and Abu Dhabi’s skyline. ...

Construction & Real Estate

Group Amana clocks 2m safe man hours at MiZa Phase 1 in Abu Dhabi

Group Amana, a leader in the design-build of industrial facilities, said it has achieved a key safety milestone at Abu Dhabi's innovation-focused neighbourhood - Mina Zayed (MiZa) - clocking 2 million safe man hours with Zero Lost Time Injuries (LTI) in its Phase I. ...

Construction & Real Estate

Zayed National Museum opens its doors to the public

Zayed National Museum, an architectural landmark located in the heart of Saadiyat Cultural District in Abu Dhabi, has opened its doors to the public. The building, which is an expression of sustainability, has been designed by Foster + Partners. ...

Construction & Real Estate

UAE real estate market in key Q3 growth momentum

The UAE real estate market extends growth momentum in Q3 with Abu Dhabi remaining on a stable long-term growth trajectory supported by rising demand, while Dubai continues to see unprecedented expansion with multiple projects, said a report. ...

Construction & Real Estate

Masdar consortium awards contract for 500MW Oman solar project

A consortium led by Abu Dhabi group Masdar has signed up China's CPECC for the development of Ibri III solar storage project in Oman being set up at an investment of $299 million. Once operational, it will boast a 500MW solar storage capacity. ...

Construction & Real Estate

Abu Dhabi City plans 20,800 new residential units by 2026-end

Abu Dhabi City plans to deliver 8,000 new residential units by the end of 2025, with an additional 12,800 on the way in 2026, according to new research by leading real estate advisory and property consultancy, Cavendish Maxwell. ...

Construction & Real Estate

Modon in strategic US ultra-luxury real estate development investment

Abu Dhabi-based Modon Holding has announced a strategic investment in Wellington Lifestyle Partners (WLP), to deliver a landmark ultra-luxury real estate development in US featuring high-end residences, a boutique hotel and a championship golf course. ...

Construction & Real Estate

Julius Baer opens new advisory office in Abu Dhabi

Julius Baer, a leading Swiss wealth management group, has announced its expansion into Abu Dhabi with the establishment of an advisory office in ADGM, subject to final regulatory approvals. ...

Construction & Real Estate

Abu Dhabi Infrastructure Summit puts spotlight on $55bn projects

The UAE–Türkiye session of the international roadshow for the Abu Dhabi Infrastructure Summit (ADIS) here showcased over $55 billion worth of major Abu Dhabi projects, highlighting the emirate’s commitment to developing an integrated, sustainable and future-ready urban infrastructure. ...

Construction & Real Estate

TAQA launches major building retrofit project at ICAD Residential City

Abu Dhabi National Energy Company (Taqa) said one of its units has signed an agreement with Sdeira Group, a subsidiary of AD Ports Group, to implement a key building retrofit project aimed at boosting energy and water efficiency at Aryam ICAD Residential City in Mussafah. ...

Construction & Real Estate

Tabreed posts solid growth for first nine months; revenue soars to $509m

Tabreed, a leading district cooling company, has recorded solid results for the first nine months with its group revenue surging to AED1.87 billion ($509 million), thus reflecting the resilience of its fixed capacity revenues backed by long-term concession agreements....

Construction & Real Estate

Bilfinger lands Feed contract for UAE’s first LPG terminal hub

Global industrial services provider Bilfinger has announced that it has secured a major contract from Nimex Terminals to provide comprehensive engineering services for the development of the UAE’s first Liquified Petroleum Gas (LPG) terminal hub being set up at Abu Dhabi....

Construction & Real Estate

Abu Dhabi real estate 9-month transactions soar to $25.6bn

Abu Dhabi’s real estate market recorded a total trading volume of AED94 billion ($25.6 billion) across 29,400 transactions during the first nine months of 2025, marking a 43.3% increase in value and a 48% surge in transaction volume compared with the same period last year....

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