Mega Projects

Property sector’s contribution to Dubai’s GDP reaches 7.2% or Dh407 billion

Dubai, UAE Real estate sector’s contribution to Dubai’s Dh407 billion Gross Domestic Products (GDP) reached Dh29.4 billion or 7.2 percent of the GDP in 2019,...

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)...

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