News tagged "Construction"

Construction bids received for Nakheel Mall

17th February 2014

Nakheel announced that it has received six proposals for the construction of Nakheel Mall, its 418,000 square metre retail, dining and entertainment complex on Palm Jumeirah. Bids started at Dhs1.185 billion, the company said in a statement. The construction contract is expected to be awarded within three months, it added.[..]

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RP Group announces Dhs.4b hotels and real estate projects

RP Group announces Dhs.4b hotels and real estate projects

16th February 2014

ravipillaiRP Group of Companies announced its ambitious growth plans and said it would invest Dhs.4 billion in new hotels and mixed-use developments in the UAE this year. The development projects are understood to generate more than 7,500 new jobs in Dubai.[..]

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Nakheel issues tender for Ibn Batuta Hotel

11th February 2014

Nakheel PJSC invited contractors to submit bids for the construction of Ibn Batuta Hotel in Dubai. The project entails construction of a three star hotel located in the Ibn Batuta Mall area. The hotel will include over 300 guest rooms with a mix of F&B outlets. The site has a total area of 4,205sq.m while the total built-up area will be 28,000sq.m.[..]

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Danube to step into Real Estate Development

10th February 2014

As reported by Gulf News, the building materials company Danube has confirmed its intentions to get into real estate development, with its first project being a Dhs.250-Dhs.500 million mid-tier residential development in the emirate of Dubai.[..]

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Nakheel awards The Pointe construction contract to GTCC

10th February 2014

Nakheel awarded the construction contract for its The Pointe at Palm Jumeirah to Gulf Technical Construction Company (GTCC) in February 2014. The contract worth almost Dhs.375 Million calls for the construction of a 136,000 square metre retail and entertainment complex at the tip of  Palm Jumeirah.[..]

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RTA approves Dh7 billion budget for 2014

RTA approves Dh7 billion budget for 2014

9th February 2014

Mattar Al TayerDubai's Roads and Transport Authority (RTA) announced a budget of Dhs.7.03 billion for 2014 of which RTA will allocate Dhs.3.88 billion for existing and new road projects while Dhs.3.15 billion will cover operational costs.[..]

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Nakheel awards Dhs.41 Million worth Contracts

9th February 2014

Dubai's Nakheel Properies awarded three contracts worth more than Dhs.41 Million for its Al Furjan and Warsan Village master communities in February 2014. Two of the contracts cover infrastructure design and supervision services for hundreds of third party villa and mixed use plots at a new phase of Al Furjan. Consultants Arif & Bintoak and Dar Al Handasah were handed contracts worth Dhs.13.6 Million and Dhs.2.9 Million respectively.[..]

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MAG Group to develop Dhs.800Mn project in Dubai Healthcare City

2nd February 2014

Dubai based MAG Group announced the signing of a joint venture agreement with Dubai Healthcare City to develop approximately one million square feet mixed-use project in Dubai Healthcare City at an estimated cost of around Dhs.800 million. The development will include two hospitals covering a total of 260,000 square feet, plus an 80,000 square feet clinic; a residential complex of four buildings with combined gross floor area of 430,000 square feet; a hotel apartment with a gross floor area of 80,000 square feet and 100,000 square feet of retail space. The project will also include a mosque and one of the most advanced automated car parks and extensive hard and soft landscaping.[..]

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Arabtec wins $5.5b contract from Aabar

2nd February 2014

Arabtec is understood to have secured a Dhs.20 billion ($5.5 billion) contract from Abu Dhabi state fund Aabar to build as many as 37 major buildings across the United Arab Emirates as reported by Gulf News. The contract is one of the largest construction deals awarded to any contractor in the country. Aabar plans to build 12 mixed-use towers and 14 residential towers in Abu Dhabi, in addition to six furnished hotel apartment buildings and four hotels in Dubai. All the projects are expected to be completed before 2020 Dubai World Expo.[..]

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