Damac Properties has recorded US $136mn in sales through its latest home ownership campaign, reflecting continued demand for quality homes in Dubai and the city’s enduring appeal as a place to live, invest and build a future.

The result underscores sustained buyer appetite in Dubai’s residential market, driven by customers seeking long-term ownership, lifestyle led communities and the security of investing in one of the world’s most dynamic real estate destinations.

The robust response also reflects the growing appeal of Dubai among both end-users and investors, as more families and individuals choose the city as a permanent base, the firm said.

Amira Sajwani, MD of Damac Properties said, “Achieving US $136mn in sales is a strong reflection of the continued demand from customers who view Dubai not only as an investment destination, but as a place to build their lives. Home ownership remains one of the most meaningful decisions a family can make, and this campaign resonated because it spoke to that aspiration. The response reinforces Dubai’s long-term appeal, the strength of its residential market and the trust customers place in Damac to deliver homes and communities that support their future.”

To mark the successful conclusion of its ‘Buy a Home, Get a Luxury Car’ campaign, Damac hosted a Nissan car handover ceremony at One Za’abeel, Dubai, bringing together homeowners and their families, brokers and invited guests. The evening celebrated customers who purchased qualifying Damac properties during the campaign and received Nissan vehicles based on the value of their purchase, such as the Nissan Pathfinder SL 4WD, Nissan Patrol SE Platinum City or Nissan Patrol NISMO.

For many families, the evening represented more than the receipt of a car. It was a celebration of home ownership, personal progress and their long-term future in Dubai, the statement concluded.

Source: ME Construction News

EcoModular has entered into an agreement with IDS and Modul Consult to sign a MoU that establishes a phased framework for collaboration across joint marketing, fee-bearing service delivery and the potential for deeper corporate alignment over time.

The framework is structured around 3 time horizons. In the short term, the parties will go to market together through joint capability statements, credentials packs, pitch materials and bid responses, drawing on the combined track record of each party, said EcoModular in a statement.

In the medium term, IDS and Modul Consult will be available to deliver fee-bearing services to EcoModular projects, joint ventures and group companies, under standalone services contracts, with the option to reinvest part of any fee into the relevant project as a means of aligning long-term interests.

In the longer term, and subject to the earlier phases proving successful, the parties have recorded a shared intention to explore corporate alignment, including the possibility of EcoModular acquiring IDS and Modul Consult following its Nasdaq listing, in each case subject to separate definitive agreements, it stated.

The combined capability brought to market under the framework spans the full lifecycle of volumetric modular development: development consultancy, project and cost management, design and site supervision, design for manufacture and assembly, modular manufacturing, contracting and on-site delivery, factory advisory, procurement and supply chain, facility management, market research and financial modelling, and capital markets and investor relations. Each service line identifies a lead party drawn from the 3 signatories.

On the strategic deal, EcoModular CEO and Co-Founder Edvinas Cinga said, “The combined offer addresses the full lifecycle of volumetric modular development from origination and feasibility through design, manufacturing, contracting, delivery and operation.”

“IDS and Modul Consult each bring capability that we genuinely could not build in-house in any reasonable timeframe, and that is the test for a partnership of this kind. The medium-term focus on fee-bearing engagements gives all 3 parties a clear path to scaling the relationship on the strength of delivered work,” he stated.

Chairman and Co-Founder Niall Shanahan commented, “This framework brings together 3-highly complementary capabilities and positions our combined platform to address the volumetric modular opportunity across Europe, the Kingdom of Saudi Arabia and the wider GCC in a coordinated way.”

“We have deliberately structured the collaboration in phases so that each party can build conviction through real, fee-bearing work before any deeper commitment is contemplated. We are very pleased to be taking this step with Bulent and his team at IDS, and with Ermīns and the team at Modul Consult, ahead of our listing,” he concluded.

Source: ME Construction News

AtkinsRéalis has been appointed by ORA Developers to provide master planning, infrastructure, and public realm design services for BAYN. The project is ORA’s flagship waterfront community in Ghantoot, a developing coastal address situated within the Dubai–Abu Dhabi growth corridor.

Ghantoot is recognised for its combination of rare beachfront land, robust connectivity, and substantial long-term potential for placemaking. BAYN, located in this setting, is part of a broader trend towards planned, mixed-use coastal communities that align with the evolving lifestyle, mobility, and liveability expectations in the UAE, said a statement.

AtkinsRéalis’ recent appointment reinforces its established Buildings and Places portfolio in the region and supports ongoing collaboration with developers shaping the next generation of urban destinations. The firm’s scope encompasses master planning, infrastructure coordination, and public realm design, integrating these elements from the earliest stages of development, it added.

Matthew Tribe, Senior Vice President – Buildings and Places, AtkinsRéalis Middle East and Africa said, “Projects such as BAYN reflect the direction in which waterfront communities across the region are evolving, shaped around how people live, move, and connect over time. Conceived as a coherent coastal destination, BAYN brings together landscape, infrastructure, and community life within a single long‑term vision.”

He added, “Working alongside ORA from the earliest stages enables us to apply our global master planning expertise and regional insight to help shape a place defined by quality, adaptability, and a strong sense of place, designed to endure and serve future generations.”

Amr Abdel Moneim, Chief Technical Officer, ORA Developers commented, “BAYN reflects ORA’s ambition to create a waterfront destination shaped by a clear and considered approach to how people experience the spaces they’re in. From the outset, our priority is to carry the clarity of our long-term vision into precise, efficient and high-quality design, that feels grounded, connected to its natural setting, and responsive to everyday life.”

“Partnering with AtkinsRéalis from the early stages has enabled us with the world-class expertise and rigour required for a development of this scale. The appointment marks an important milestone in BAYN’s next stage of design development. At ORA, we are committed to delivering BAYN without compromise, a coastal community in Ghantoot defined by quality, connectivity and long-term value for residents, visitors and the wider Dubai–Abu Dhabi growth corridor,” he continued.

BAYN envisions itself as an integrated coastal community that combines residential neighborhoods with expansive public realm, active mobility networks, and community amenities. The 4.8m sqm development dedicates over half of its site to open spaces, landscaping, and water features.

The project is anchored by 1.2km of natural Arabian Gulf beachfront and over 7km of waterfront, featuring a marina, lagoons, promenades, parks, sports facilities, and integrated retail, hospitality, and community amenities, the statement noted.

The collaboration brings together ORA Developers’ vision for BAYN with AtkinsRéalis’ technical expertise and creative design prowess.  The partnership reflects a shared commitment to quality, coherence, and planning throughout the project’s journey from concept to implementation, it concluded.

Source: ME Construction News

Developer ANAX Developments has commenced construction on its flagship project, ELLE Residences Dubai Islands. The development represents ELLE’s inaugural residential project in the Middle East and its second globally, following the brand’s residential tower in Miami.

The groundbreaking ceremony was attended by senior representatives from ANAX, key stakeholders, industry leaders, and media representatives. Scheduled for completion in Q4 2027, ELLE Residences will boast a total of 91 apartments and 7 signature townhouses, all of which offer direct waterfront access.

Satish Sanpal, Founder and Chairman, ANAX Holding said, “The commencement of construction at ELLE Residences reflects our commitment to delivering on our promises. We are proud to see this project move into its next phase. We strongly believe in the UAE and its future, which is why we will continue to invest and build in this country.”

Raja Alameddine, CEO, ANAX Developments added, “This is an exciting new chapter for ANAX Developments. Today, we are also proud to unveil ANAX 2.0, the next evolution of our brand. This reflects our strategic focus on expanding our portfolio with experience-led and luxury lifestyle developments in the UAE.”

“Through our ‘Built Different’ approach, we bring ANAX’s vision of experiential living to life by combining architectural excellence with intelligent systems to create spaces designed around the human experience from the very first interaction,” he added.

Ravi Bhirani, Managing Director, ANAX Developments shared, “ELLE Residences received an exceptional response from the market, selling out shortly after launch. I look forward to welcoming you all back in Q4 2027 as we come together once again to celebrate the successful completion and delivery of ELLE Residences.”

To ensure the standards of construction quality, ANAX Developments has appointed International Foundation Group (IFG) as the enabling works contractor for ELLE Residences.

The event also unveiled ANAX 2.0, the next chapter in ANAX Developments’ journey as the company continues to expand in the UAE real estate market.

Source: ME Construction News

Al-Futtaim Contracting has been awarded the construction contract for 142 ultra-luxury villas at Eden Hills, the landmark residential development by H&H in Dubai.

Scheduled for completion in 2028, the development comprises 4 unique 5-bedroom villa types, Vera, Mira, Maia, and Bella. The masterplan includes exclusive 5 and 6 bedroom villas located in distinct neighborhoods, connected by a Central Wadi and a pedestrian-friendly community environment. The project’s architecture comes from Loci, with interiors curated by Studio M. Al-Futtaim Contracting has been appointed as the main contractor responsible for delivering these villas across the development, said a statement.

The agreement was signed in the presence of Shahab Lutfi, Chairman of H&H, Miltos Bosinis, CEO of H&H, and Murali S, Managing Director of Al-Futtaim Contracting, and marks another milestone in Al-Futtaim Contracting’s growing portfolio of premium residential and lifestyle developments across the UAE.

Murali S, Managing Director, Al-Futtaim Contracting said, “Eden Hills represents a new benchmark for ultra-luxury residential living in Dubai, combining thoughtful design, nature-led planning, and exceptional quality standards.”

“We are proud to partner with H&H on a project of this scale and significance, which reflects the continued evolution of Dubai’s premium real estate market. Through our expertise in delivering large-scale and high-quality developments, we look forward to bringing this vision to life while reinforcing our commitment to craftsmanship, reliability, and excellence in execution,” he added.

Shahab Lutfi, Chairman, H&H explained, “At H&H, we are committed to working with partners who share our vision for quality, innovation, and excellence in execution. The appointment of Al-Futtaim Contracting marks an important step forward in the delivery of Eden Hills, a community designed to redefine upscale living through thoughtful architecture, expansive green spaces, and a strong connection to nature. As we continue to shape one of Dubai’s most distinctive residential communities, this partnership with Al-Futtaim Contracting will support bringing this vision to life and create enduring value for generations.”

Eden Hills is billed as a nature-inspired community with contemporary architecture and landscaped surroundings. It will offer wellness-oriented living and expansive green spaces, catering to the rising demand for low-density, design-driven living in Dubai.

Source: ME Construction News

Source: ME Construction News

Taiba Investment Company has signed a final partnership agreement with Osool Integrated Real Estate Company to develop, refurbish and operate 3 hotels in the central area of Madinah in a project valued at US $640mn. The move strengthens the city’s hospitality infrastructure as Saudi Arabia expands accommodation capacity for pilgrims under Vision 2030.

Under the agreement, announced on the Saudi Exchange (Tadawul), the 2 companies will establish a special-purpose company to undertake the project, which will deliver around 1,500 hotel rooms under a mix of local and international brands.

Taiba Investment Company will contribute US $79.9mn to the venture, while the remaining funding will be provided by the partners in proportion to their ownership stakes and injected in phases in line with construction progress.

The 3 hotel properties are located in Madinah’s central district, one of the most sought-after hospitality zones in the kingdom due to its proximity to the Prophet’s Mosque and its year-round influx of religious visitors, said a statement.

Osool Integrated Real Estate Company, wholly owned by the General Organisation for Social Insurance, owns the hotel sites, it added.

Taiba said it will oversee the development, refurbishment and operational management of the hotels, leveraging its expertise in the Kingdom’s hospitality sector.

The company said the investment aligns with its strategy to expand its hotel portfolio and reinforce its position as a leading hospitality operator in Saudi Arabia, while helping to improve accommodation options and service quality for pilgrims visiting Al Madinah.

Source: ME Construction News

Red Sea Global (RSG) has said that it has opened its second flagship destination – AMAALA. The developer said the achievement is a major milestone for the Kingdom’s tourism sector.

The developer said it welcomed its first guests at AMAALA, billed as an integrated wellness haven, with the opening of Four Seasons Resort and Residences AMAALA at Triple Bay. It added that the launch signifies the transition of AMAALA into a live destination.

Set along the shoreline of Saudi Arabia’s northwestern coast, the resort serves as the anchor for the destination’s ultra-luxury wellness ecosystem and sets a new global benchmark for regenerative tourism, said a statement.

John Pagano, Group CEO at Red Sea Global commented, “The debut of our first resort at AMAALA is a moment of realisation for us. By delivering this world-class asset to market on schedule, we are demonstrating that regenerative development can combine commercial ambition with meaningful environmental and social impact, while establishing Saudi Arabia as a premier global destination for luxury wellness. This is just the first chapter. We look forward to welcoming our first guests, opening more resorts, and seeing AMAALA emerge as one of the world’s most distinctive luxury wellness destinations.”

Designed by Dubai-based U+A architects, the Four Seasons Resort and Residences AMAALA is said to blend multi-generational luxury offerings with state-of-the-art sustainable infrastructure.

Operating in strict alignment with RSG’s industry-leading regenerative tourism principles, the property is powered by 100% renewable energy and supported by advanced, zero-waste management systems designed to minimise environmental impact, while actively contributing to local conservation, the statement outlined.

The hospitality destination is said to include a suite of facilities including ultra-luxury accommodations comprising 202 guest rooms, suites, and garden villas. RSG said each offers spectacular views of the Red Sea. The destination also features 26 ultra-exclusive branded private residential villas, ranging from 552 to over 1,000sqm, each featuring its own private pool.

The project also includes luxury wellness and fitness amenities, such as the 2,095sqm HYLIAA Wellness & Spa, which is complemented by a 511sqm premium fitness hub. RSG notes that guests can engage in bespoke wellness journeys guided by international specialists, such as sound healing and beachside yoga.

The project also features a mix of open-air dining venues including the signature Middle Eastern coastal restaurant, MAA Social, and the cliffside ROCK BAAR jutting over a private cove.

The destination also boasts five pools, a 900m private beach and a fully supervised ‘Kids for All Seasons’ program, in addition to a dedicated, high-tech teenager club. The destination also caters to corporate and private events, the developer said. The  destination boasts over 1,000sqm of flexible event space that is designed to host elite executive retreats, destination weddings, and international corporate summits.

RSG also notes that the destination boasts seamless integration into the broader Triple Bay community, and says that guests can enjoy dedicated tours of the Corallium Marine Life Institute designed by Foster + Partners, and access the AMAALA Yacht Club and the Marina Village’s high-end retail and dining options.

The launch of the Four Seasons Resort and Residences AMAALA at Triple Bay represents the first of 8-world-class resorts scheduled to welcome guests at the destination this year, as RSG continues to rapidly redefine the global luxury tourism landscape, the statement concluded.

Source: ME Construction News

AtkinsRéalis has been commissioned by Azerbaijan Development Company (ADEC) to improve the road network in the East Quarter of Baku’s White City. The deal builds upon the longstanding partnership between ADEC and AtkinsRéalis, further solidifying AtkinsRéalis’s role in shaping the urban transformation initiatives in the region.

Matthew Tribe, Senior Vice President and Global Lead, Buildings and Places, AtkinsRéalis Middle East and Africa said, “Baku White City reflects the direction in which cities are evolving, shaped around how people live, move, and connect over time. Conceived as a coherent urban district, the development brings together environmental restoration, infrastructure and community life within a single long-term vision. Our continued work on the waterfront builds on that foundation, applying global experience and local understanding to shape a public edge that is well connected, adaptable and designed to support the city’s growth for generations to come.”

Rufat Javadov, Director, Baku White City, ADEC added, “Baku White City is a national priority that reflects Azerbaijan’s ambition to transform legacy industrial land into a vibrant and sustainable urban environment. Our collaboration with AtkinsRéalis has been central to shaping a clear and deliverable vision from the earliest stages of the programme. This next phase builds on that partnership, enhancing connectivity and elevating the waterfront as a key part of how the city continues to grow and evolve.”

AtkinsRéalis was tasked with creating the master plan for the 220ha site located on the eastern outskirts of the capital. This plan aims to integrate land use, infrastructure, and mobility into a cohesive and comprehensive vision.

As Lead Design Consultant, AtkinsRéalis delivered master planning and buildings design in collaboration with Foster + Partners and F+A Architects, establishing a framework defined by architectural diversity, ecological compatibility and integration with the existing urban fabric, said a statement.

The master plan, underpinned by a sustainability ambition that spans social, economic, and environmental performance, prioritises a balanced mix of residential, commercial, and public spaces.  This includes a strong emphasis on accessible, affordable housing and high-quality urban environments.

The newly awarded scope aims to enhance connectivity, movement efficiency, and the quality of the public realm along the waterfront, one of the strategically important edges of the development. The development also introduces a series of distinct urban districts that cater to living, working, recreation, and commerce. Additionally, it extends Baku’s Boulevard by ten kilometers and creates up to 240,000 new workplaces.

Source: ME Construction News