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Wasl is a semi-government entity established on May 25, 2008, by the Dubai Real Estate Corporation (DREC) to oversee the development and management of its assets. [4] It was created following the merger of two public sector organisations: Dubai Development Board and Real Estate Department.
The development is located within Dubai's Dubailand development. [14] Spending on the Akoya Oxygen project reached $1.5 billion by mid-2018. [ 15 ] In the first six months of 2017, DAMAC Properties said that it had awarded AED 1.8 billion in contracts for Akoya Oxygen (making up the bulk of its total contracts over the same period, valued at ...
Union Properties is a real estate development company headquartered in Dubai, United Arab Emirates. Established in 1987 as Union Property Private Limited, [3] the company was listed on the Dubai Financial Market in 1993. Notable projects undertaken by Union Properties include The Index apartment and office building in Dubai and Dubai Motor City.
Top holdings include Emaar Properties, a real estate developer controlled by Dubai ruler Mohammed bin Rashid Al Maktoum; Air Arabia, one of the largest low-cost air carriers in the region; and Abu ...
Sobha Group LLC is a GCC based real estate developer headquartered in Dubai . The company was established in 1976 as an interior decoration firm in Oman by Mr P.N.C. Menon. [1] [2] [3] The company is functional in the UAE, Oman, Bahrain, and Brunei. Sobha Group LLC was the subject of a case study at Harvard Business School. [4]
Emaar has played a pivotal role in shaping the modern skyline of Dubai and has expanded its footprint internationally. Emaar Properties Dubai is one of the largest real estate developers in the UAE and is known for various large-scale projects, such as building Burj Khalifa, the tallest building in the world.
The Trump Organization plans to build a Trump Tower in the Saudi capital Riyadh as part of a real estate expansion in the region including in the Emirati capital Abu Dhabi, Eric Trump, the U.S ...
The building was opened in 2010 as part of a new development called Downtown Dubai. [18] It was designed to be the centrepiece of large-scale, mixed-use development. Originally named Burj Dubai, it was later renamed in honour of the ruler of Abu Dhabi and president of the United Arab Emirates, Khalifa bin Zayed Al Nahyan. [19]