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15 Topmost Project Launched In The Middle East | |
| Sumita Pawar |
January has been declared the busiest month for the construction industry, according to the media.
As anticipated from the million-dollar agreements, government agendas, and sustainability goals set this year, it comes as no surprise that the first month of the new year welcomed its fair share of new project launches.
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From EV battery recycling facilities and carbon-neutral buildings to Aston Martin-designed interiors and the first hotel in NEOM’s Oxagon, there is a clear variety of projects to crowd 2023’s pipeline.
report highlighted, some of the companies that stood out with their projects this month include BEEAH Recycling, Danube Properties, Modon Properties, Aldar Properties, and Diamond Developers.
The top 15 launches in January have been chosen by Construction Week Middle East based on what makes each project unique.
The Middle East’s top project launches in January 2023 were:
Modon Properties: Bab Al Nojoum, Bateen Liwa Resort
The goal of the resort is to offer an "immersive desert experience."
Modon Properties, a UAE-based master developer of sustainable communities, has opened its new Abu Dhabi desert resort, Bab Al Nojoum—Bateen Liwa Resort, located in the heart of Liwa, its eco-tourism campsite destination, according to the report.
The Abu Dhabi Modon development has been designed for families and individuals looking to reconnect with the natural landscape.
Danube Properties:
Danube Properties are twin high-rise towers worth $381 million.
It has unveiled its largest real estate project, Viewz, a set of twin high-rise towers that, once complete, will deliver apartments and Sky Villas with a development value exceeding $381 million.
Beeah Recycling: The UAE’s first EV battery recycling facility
The project will make EVs more affordable and sustainable in the long run.
The report says that BEEAH Recycling has signed an agreement with the UAE Ministry of Energy and Infrastructure (MOEI) and the American University of Sharjah (AUS) to set up the country's first recycling plant for batteries from electric vehicles that are no longer working.
The EV battery recycling facility will be added to BEEAH Recycling’s integrated waste management complex, which currently has ten specialised waste processing and material recovery facilities that have contributed to a 76%
waste diversion rate in Sharjah, the highest in the Middle East.
Aldar Properties and Diamond Developer: The Sustainable City—Yas Island
Aldar Properties, in partnership with Diamond Developers, has launched The Sustainable City—Yas Island, a sustainability-centric community offering a new way of life for Abu Dhabi residents.
The family-friendly development, which builds on the strengths of The Sustainable City—Dubai, is a walkable community surrounded by open green spaces, leisurely walkways, and community farming plots.
Emaar Development: The Viewing Point
Emaar Development has unveiled "The Viewing Point," a stunning new location to take in some of the city’s most spectacular sights from the Dubai Creek Harbour.
The eye-catching, 70-metre structure spans out over Dubai Creek, with a 26-meter cantilever projecting out over the water, giving unobstructed views across the Creek towards Downtown Dubai and back inland between the Address Grand twin towers, said the report.
As the report stated, Lead Development has announced the launch of The Souk, Jubail Island’s modern and vibrant destination, which is the main link connecting the six villages across the island and providing residents with a central hub that combines wellbeing, connectivity, leisure, retail, and commercial services.
YOTEL: The first hotel in Oxagon, NEOM
YOTEL, a global hospitality brand, has announced its first hotel signing in Saudi Arabia, which, according to the report, is scheduled to open in 2025. The YOTEL property will also be the first hotel to open in Oxagon, which will be the home of advanced and clean industries in NEOM.
HH Sheikh Theyab bin Mohamed bin Zayed Al Nahyan has launched the "Qidfa Development" in Fujairah, the first project of the "Emirates Villages," an initiative aimed at creating a sustainable development model.
The Qidfa Region Development Project aims to attract 100,000 tourists annually by increasing the region’s tourism potential and promoting its distinguished capabilities via media outlets.
DAMAC Properties: DAMAC Hills 2: Camelia Cluster
DAMAC Properties has launched a brand-new cluster at its thriving DAMAC Hills 2 community in Dubailand. The Camelia cluster is a collection of 3-story townhouses positioned right in the centre of the master development, next to the community’s most exciting amenities.
Launched in 2014, DAMAC Hills 2 is now home to more than 24,000 residents. The 5.1 million m2 community is the developer’s second master development, which came after the success of its first community, DAMAC Hills.
SABIC: SABIC Jubail headquarters
As further mentioned in the report, SABIC has inaugurated its iconic building in the Saudi industrial city of Jubail, keeping pace with mega development projects that contribute to strengthening the kingdom’s global position as a major player in the fields of investment, economy, and business.
It added that SABIC is built on a total land area of 66,000 m2, and the building has a built-up area of 254,000 m2, accommodating more than 3,600 employees.
It was built using SABIC steel, and 77% of the building’s purchases were
DMCC and Ellington Properties: Upper House
Ellington Properties and Dubai Multi Commodities Centre (DMCC) have partnered to develop Upper House, a new residential development located in Dubai’s premier mixed-use community, Jumeirah Lakes Towers (JLT).
DAMAC Properties: DAMAC Bay by Cavalli
DAMAC Properties has officially announced the launch of DAMAC Bay by Cavalli. With an aesthetic designed by the iconic Cavalli brand, the 42-story, three-tower property seeks to introduce residents to the wonders of luxurious seaside living.
RAK Properties: Julphar Residences
RAK Properties, Ras Al Khaimah’s largest publicly listed property developer, has announced the launch of its latest residential project, the Julphar Residence in Reem Island, Abu Dhabi. The 23-floor building brings ready-to-live-in homes to the city, according to the report.
Saudi Entertainment Ventures (SEVEN): entertainment project in Tabuk
According to the report, Saudi Entertainment Ventures (SEVEN) has announced the beginning of construction of its entertainment destination in Tabuk at the Municipal Investment Forum (Furas), organised by the Ministry of Municipal and Rural Affairs (MoMRA).
Magnom Properties and Forbes: Forbes International Tower is the last property mentioned.
"Solidifying a commitment to long-term sustainability, Magnom Properties and Forbes joined hands at the 53rd Annual Meeting of the World Economic Forum (WEF) in Davos, Switzerland, to announce their plans to build an innovative, environmentally responsive tower set in the heart of the rising New Administrative Capital in Cairo, Egypt," concluded the report.