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Move over, Burj Khalifa: 30km tall buildings on their way… in 2045
Mega-tall buildings complete with spaceports will form ‘cities in the sky’ in 30 years’ time, futurologist predicts. By 2045 planet Earth will...
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Dubai’s Nakheel awards $96m Circle Mall deal to Drake & Scull unit
Subsidiary Gulf Technical Construction Company is appointed to build Jumeirah Village retail complex. Developer Nakheel has awarded a $96m contract to build...
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Dubai’s real estate supply fallacy
Damac MD says analysts’ claims that Dubai is being flooded with housing amounts to ‘professional malpractice’. As with all real estate markets...
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Dubai’s Majid Al Futtaim achieves ‘Green Star’ sustainability rating
Retail giant clinches highest possible rating in Global Real Estate Sustainability Benchmark. Majid Al Futtaim, the Dubai-headquartered retail and leisure developer, says...
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Saudi officials propose undeveloped land fees
Draft proposal suggests a charge of no more than 100 riyals ($27) per square metre of urban land left undeveloped. Fees on...
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Habtoor Leighton wins $127m contract for Dubai ‘smart hospital’
Phase one of the $272.2m Fakeeh Academic Medical Centre is expected to be complete by October 2017. The UAE-based Habtoor Leighton Group...
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Saudi Arabia ‘plans to develop 17 cities’
Small and medium-sized urban areas are intended to reduce problems facing cities like Riyadh and Jeddah. Saudi Arabia’s Ministry of Municipal and...
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Dubai’s RTA starts prequalification of Union Oasis bidders
Potential developers and investors can submit requests for prequalification up until December 3. Dubai’s Roads and Transport Authority (RTA) has started the...
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Drake & Scull wins $61m MEP contract for Dubai hotel, mall expansion
Contractor to oversee supply, installation, testing and commissioning of works at unnamed project. Drake & Scull International says its engineering division has...
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Dubai’s Nakheel awards construction contracts worth $626m
Three major retail projects expected to be completed in 2018. Nakheel, the Dubai-based real estate developer, has announced three major construction contracts...
