Mega Projects

Ithra Dubai invests US$1 billion to develop One Za’abeel project

Dubai, UAE: Ithra Dubai is investing in access of US$1 billion (Dh3.67 billion) to deliver One Zabeel project close to Dubai World Trade Centre, a...

Nakheel sells out 500 villas worth Dh1.2 billion in six months

Dubai, UAE Master developer Nakheel said, it has sold out 500 ready-to-move-in villas worth more than Dh1.2 billion since March this year, as “buyers take...

Ithra Dubai partially opens the Dh5 billion Deira Enrichment Project

Gulf Property Exclusive Dubai Ithra Dubai, a Dubai Government-owned master developer of the Dh5 billion Phase 1 of the Deira Enrichment Project, opened the first four...

Sobha Realty to launch US$15 billion mega township project

Sobha Realty, a UAE-based developer, will soon launch a mixed-use master-planned community that could be four times larger than its US$4 billion (Dh14.68 billion)...

Emaar Malls profit plunges 69% to US$94 million in first half of 2020

Dubai, UAE Coronavirus pandemic and subsequent lockdown caused a 69.48 percent fall in the net profits of Emaar Malls to Dh345 million (US$94 million), in the...

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