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Sweid & Sweid has awarded the construction contract for Sweid One, its US $198.7mn Grade-A office development in Jumeirah Lakes Towers (JLT), to Dutco Construction. As a contractor known for projects such as the Dubai Mall, Box Park and Marina Heights Tower, Dutco Construction has extensive expertise in delivering iconic projects, said a statement.

This collaboration continues a long-standing relationship between Sweid & Sweid and Dutco Construction, who have previously worked together on the Visa Headquarters building in Dubai Internet City.

“Sweid One is a pivotal project for us, designed to raise the bar for commercial office space within JLT. With Dutco Construction’s extensive track record of executing quality projects, we are confident that Sweid One will set a new standard in the area,” said Maher Sweid, Managing Partner of Sweid & Sweid.

Nelson Gibb, Group CEO of Dutco Group commented, “We are proud to work again with Sweid & Sweid on Sweid One. Our team is ready to bring this remarkable project to life, leveraging our expertise to deliver it efficiently and to the highest standards.”

Sweid One is designed to offer 500,000sqft of premium office space with a range of amenities aimed at attracting tenants that are looking for a high-quality workplace environment in JLT. The development will include a selection of unique food and beverage options, setting it apart from neighbouring projects. Construction of Sweid One has already begun, with completion scheduled for Q4 2026.

Parking concerns in the area will be addressed through four underground parking levels spanning the entire footprint of the building, along with a dedicated visitor parking structure. Accessibility will be a key feature, with dual entry points from both sides of JLT and a shuttle bus service providing convenient transportation to and from the metro station.

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Urban Properties Development (UPD) announced the launch of Urban Life Residences, an US $81mn freehold project located in Business Bay. Urban Life Residences is already under construction, with completion and handover scheduled for the second quarter of 2026, the developer explained.

Residents will enjoy being just 10 minutes from Dubai Mall, 20 minutes from Dubai International Airport, 15 minutes from Mall of the Emirates, and 15 minutes from Kite Beach. The tower is nestled next to a planned 10,000sqm public park located on the East End of Business Bay, providing a serene and vibrant environment for residents to enjoy, said a statement from the developer.

Urban Life Residences is UPD’s first foray into premium freehold real estate. The project focuses on design, quality, timely delivery, and living spaces. Every detail has been crafted to prioritise green spaces and natural environments, integrated with modern urban living. The development will offer a variety of unit types, ensuring it caters to diverse lifestyle needs with studios, one-bedroom, and two-bedroom apartments with total of 146 units.

Residents will benefit from amenities such as Dubai’s first AI-powered state-of-the-art gym in a residence, an outdoor pool deck on the podium level, cinema room, co-seating spaces for social and recreational use, a dedicated children’s play area, and outdoor social pod decks with plunge pools on levels six and 10.

The developer’s approach is design-led, emphasising architecture, interiors, functional floor plans, high-quality materials, and curated amenities. UPD benefits from the expertise of its parent group, JAMS Investment, which owns and manages a portfolio of residential rental properties, offices, hotel apartments, and contracting businesses across Dubai.

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Developer MERED has appointed Currie & Brown as the cost management consultant for its flagship project – ICONIC Residences design by Pininfarina.

Currie & Brown’s role on the ICONIC Residences project is to ensure cost-effective solutions that align with MERED’s commitment to quality and sustainability.

Michael Belton, Chief Executive Officer at MERED commented, “We are proud to partner with Currie & Brown, whose proven expertise in managing complex projects ensures that ICONIC Residences will be delivered on time and to the highest standards, meeting the expectations of both stakeholders and future residents.”

“Their global reputation for delivering high-profile projects gives us the confidence to push boundaries, creating a development that not only stands as a landmark but also embodies innovation, sustainability, and timeless value,” he added

Jamie Kirkwood, Senior Director at Currie & Brown stated: “ICONIC Residences is a project that demonstrates the innovation, luxury, and architectural excellence that the UAE stands for. We are proud to contribute our expertise in cost management to ensure its successful execution and delivery for a development that will become one of Dubai’s most sought-after premium addresses.”

ICONIC Residences design by Pininfarina, addresses the growing demand for luxury homes in Dubai. MERED has secured government approvals, commencing construction, and targeting completion by Q3 2027. Rising 290m, it will be the tallest residential tower in Dubai Internet City, offering 310 apartments and amenities, the statement noted.

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Wasl has partnered with Etihad Energy Services to drive a series of sustainability initiatives across Wasl’s real estate portfolio. This continued sustainability journey of Wasl encompasses further solar photovoltaic (PV) installations, building retrofits, electric vehicle (EV) charging stations, and the establishment of an advanced Command Control Centre, said a statement.

The partnership will include the installation of photovoltaic solar energy systems on the rooftops of 77 Wasl properties, achieving a total capacity of 4,000kWp. These systems are expected to generate an annual output of 6.7m kilowatt-hours (KWh), contributing to a reduction in energy consumption of up to 34%. Some properties will rely on solar energy to cover more than 80% of electricity needs. This step will help reduce carbon dioxide emissions by 2,666t annually.

In the second phase of the project, 46 properties will undergo renovations that contribute to improving energy and water consumption efficiency. These improvements are expected to achieve a reduction in electricity consumption by 14.6m KWh annually, and in water consumption by 1.4m gallons, leading to a reduction in carbon dioxide emissions by about 5,817t annually. These improvements will contribute to enhancing tenant comfort and operational efficiency.

This partnership includes the establishment of the Command-and-Control Centre (CCC), a model for digital transformation in energy management. This advanced centre will oversee the performance of assets in more than 300 properties, where vital systems such as air conditioning and solar energy systems are remotely controlled. Using AI technologies, the centre will ensure optimal asset performance, improves indoor air quality, reduces operational costs, and enables predictive maintenance to ensure long-term service efficiency.

Wasl is committed to supporting green transportation and providing the necessary infrastructure to enhance sustainable mobility solutions, and is installing a number of electric vehicle charging stations at several locations, the firm said.

Commenting on this partnership, Dr. Waleed Al Nuaimi, CEO of Etihad Energy Services Company said, “We are proud to cooperate with Wasl and support its journey towards sustainability. This project reflects our shared commitment to achieving Dubai’s sustainability goals by adopting innovative solutions for renewable energy and increasing consumption efficiency. We are contributing to achieving the long-term environmental goals of the UAE while sustainably improving residents’ quality of life.”

Salem Al Nuaimi, Director of Asset Services and Solutions Management at Wasl added, “Sustainability is at the core of our operations at Wasl, and this partnership represents a pivotal step towards enhancing our real estate portfolio’s environmental performance. These projects also allow us to achieve positive environmental results while providing sustainable and comfortable spaces for our customers.”

This partnership exemplifies how collaboration and innovation can lead to impactful, sustainable development. By leveraging technology, renewable energy solutions, and energy-efficient practices, both organisations are setting new benchmarks for environmental stewardship and operational excellence in Dubai’s real estate sector.

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Abu Dhabi Future Energy Company (Masdar) and Emirates Water and Electricity Company (EWEC) have announced plans to build the world’s first large-scale ‘round the clock’ giga-scale project, combining solar power and battery storage.

In the presence of President Sheikh Mohamed bin Zayed Al Nahyan, the project was launched by Dr Sultan Al Jaber, Minister of Industry and Advanced Technology and Chairman of Masdar, and Mohamed Hassan Alsuwaidi, Minister of Investment. The launch marks a pivotal moment in the UAE’s clean energy transformation, allowing renewable energy to be dispatched 24 hours a day, seven days a week, reaffirming the country’s position as a global pioneer in renewable energy deployment.

Delivering up to one gigawatt (GW) of base load power every day – generated from renewable energy – it will be the largest combined solar and battery energy storage system (BESS) in the world. Located in Abu Dhabi, the project will feature a 5.2GW (DC) solar photovoltaic (PV) plant, coupled with a 19 gigawatt-hour (GWh) BESS, setting a global benchmark in clean energy innovation.

Dr Sultan Al Jaber said, “For decades, the biggest barrier facing renewable energy has been intermittency – to be able to source uninterrupted clean power day and night. This has been the moonshot challenge of our time, and now, thanks to the resolute support of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, with this groundbreaking project we have found the solution.”

“In collaboration with EWEC and our partners, we will develop a renewable energy facility capable of providing clean energy round the clock. For the first time ever, this will transform renewable energy into a world-leading 1GW of reliable baseload energy every day on an unprecedented scale – a first step that could become a giant leap for the world.”

Mohamed Hassan Alsuwaidi commented, “The accelerated integration of solar power and advanced battery energy storage sets a new benchmark in clean energy, driving sustainability and reducing carbon emissions. By advancing energy infrastructure, we are leading the way in developing cost-effective, scalable renewable energy, solidifying Abu Dhabi’s position as a key player in shaping the future of global energy. Guided by the UAE leadership, this united effort within the energy sector powers the nation’s technological advancement, ushering in a new era of intelligence, resilience, flexibility, and commercial opportunity while ensuring sustainable and uninterrupted energy for exponential growth.”

Othman Al Ali, Chief Executive Officer of EWEC added, “By launching the world’s largest solar PV and Battery Energy Storage System, Abu Dhabi is setting a new global standard for sustainable energy development and innovation. This landmark project embodies EWEC’s unwavering commitment to decarbonising the energy sector, while driving the UAE’s socioeconomic growth. As the backbone of the nation’s clean energy transition, this facility supports critical industries such as AI and advanced technologies, ensuring their power needs are met sustainably and reliably.”

“This project not only underscores Abu Dhabi’s growing reputation as a leader in utility-scale renewable energy innovation but also cements EWEC’s role in ensuring energy security for future generations. Collaborating with partners like Masdar and TAQA Transmission to facilitate the development of network infrastructure enables the achievement of our transformational milestones that accelerate the UAE’s journey to achieving its Net Zero by 2050 strategic initiative,” he added.

The solar PV and BESS facility will provide unparalleled stability and efficiency by overcoming the intermittency challenges of renewable energy. The 19GWh battery storage facility will enable seamless integration of solar power into the grid.

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UAE-based Mira Developments and the ARAV Group, the firm behind the John Richmond brand, have announced a global partnership. The partnership will see the development of fully furnished residences, five-star hotels, and cafes, the first projects will be across the UAE, in Dubai, Abu Dhabi, and Ras Al Khaimah.

Each development will combine John Richmond’s design philosophy with Mira Developments’ expertise in delivering fully furnished luxury homes, hotel-style services, and designed community spaces.

Every John Richmond-branded property will embody the brand’s aesthetic, inspired by the energy of rock ‘n’ roll and an exploration of street culture. These residences will showcase bold designs, premium materials, and innovative details that define the brand’s signature style.

Art installations and upscale furnishings, developed in collaboration with FormItalia Luxury Group, will further enhance the environment, blending fashion and interior design.

John Richmond commented: “When I was sixteen, I was accepted at Manchester University to study architecture. At the last minute, I changed my mind and went to London to study fashion. I never lost my love of architecture, and to be involved in this venture is like all my dreams come true.”

“We are thrilled to bring John Richmond’s distinctive aesthetic to the world of luxury living,” said Mena Marano, CEO of ARAV Group and proprietor of the brand. “This partnership marks an exciting milestone, showcasing how fashion and lifestyle can converge to redefine sophistication.”

Tamara Getigezheva, Co-founder of Mira Group stated, “Mira Developments is delighted to partner with John Richmond and the ARAV Group, bringing the brand’s distinctive fashion-forward vision to our luxury properties. Together, we will create spaces that seamlessly blend rebellious energy with refined elegance and exceptional craftsmanship.”

With new properties in Dubai, Abu Dhabi and Ras Al Khaimah, Mira Developments continues to redefine living with its unique approach to fully furnished branded properties and premium services like complimentary valet parking and free housekeeping.

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Kuwait Real Estate Company (Aqarat), in collaboration with IFA Hotels and Resorts, has launched the Al Tay Hills project in Sharjah. The project, with a total cost of US $952.9mn, spans over six million sqft and includes 1,100 villas and townhouses with diverse designs and sizes to meet various client needs.

The units range from three to six bedrooms, each featuring private pools and modern designs combining luxury and comfort. The first phase of the project’s three phases is scheduled for delivery in the first quarter of 2028.

Al Tay Hills is being developed in a strategic location near the Sharjah Grand Mosque and directly on Emirates Road, at the main intersection bordering Dubai. The project is said to be minutes away from Dubai International Airport, Downtown Dubai, and Sharjah International Airport.

Al Tay Hills has the longest ‘green river’ in the UAE, serving as the natural lung and central artery of the development. This river stretches over 2.5km and features extensive green, landscaped spaces. The river serves as the project’s arterial park, offering residents and visitors stunning views, fresh air, and a number of relaxation and recreational zones.

At Tay will offer a comprehensive array of facilities and services, including playgrounds for adults and children, a mosque, restaurants, cafes, retail outlets, swimming pools, and dedicated walking and cycling paths totaling 11km. This creates an exceptional living experience that merges modern life with nature, said a statement.

Ibrahim Saleh Al-Therban, Chairman, Kuwait Real Estate Company said, “We are delighted with the Al-Tay project, which is one of Aqarat’s largest and most ambitious projects. We hope Al-Tay Hills achieves significant sales success, especially as it combines modern designs with a strategic location, making it an exceptional opportunity for both investors and residents alike.”

Khaled Esbaitah, Chairman of IFA Hotels and Resorts, commented, “We are proud to announce our latest expansion in the UAE’s real estate portfolio, building on the company’s successes and track record in project development. We are now transferring our distinguished expertise in land development, gained from local, regional, and global markets, to the emirate of Sharjah. The Al Tay Hills reflects our vision of blending Sharjah’s values and traditions with a distinctive modern environment that provides homeowners with safe and sustainable living conditions that align with the highest global standards, while preserving the Emirate’s rich traditions.”

The development blends modern architectural designs with scenic nature, offering a serene and harmonious lifestyle. It reflects Sharjah’s vision of promoting a sustainable green environment that protects nature and biodiversity, the company said.

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Building on the success of its flagship Mirdif Hills development, Dubai Investments has announced Asayel Avenue – a premium residential cluster that aims to redefine modern urban living, through Dubai Investment Real Estate (DIR), the real estate arm of Dubai Investments.

Positioned as an integral extension of the Mirdif Hills project, Asayel Avenue sets new benchmarks for sophisticated, community-focused lifestyles in Dubai. Inspired by the architectural synergy of Nasayem, Janayen, and Al Multaqa Avenues, Asayel Avenue integrates into the established Mirdif Hills framework. Featuring 193 designed residential units the project will offer a mix of one, two, and three-bedroom apartments which will combine luxury, and functionality, with larger living spaces and natural light, said a statement.

The project is set to begin construction in Q2 2025, with completion scheduled for Q2 2027. This timeline underscores Dubai Investment Real Estate’s commitment to deliver developments in Dubai’s urban landscape.

“Asayel Avenue is a cornerstone in the continued evolution of Mirdif Hills, embodying a seamless blend of modern living, luxury, and accessibility,” said Obaid Salami, General Manager of Dubai Investment Real Estate (DIR). “True to the vision of Mirdif Hills, this new cluster prioritises green integration and balanced lifestyles, addressing the growing demand for premium residential options in Dubai. With upscale apartments and state-of-the-art amenities, Asayel Avenue offers a thoughtfully designed urban sanctuary, setting a new standard for sophisticated, community-centric living.”

Asayel Avenue presents range of features designed to elevate modern living. With optimised layouts and smart storage solutions, the residences caters to contemporary lifestyles, while premium finishes, including upscaled interiors, luxurious lobbies, and artwork to enhance the living experience.

Residents can enjoy fitness centres and recreational areas offering a balance between work and leisure. Additionally, the development integrates smart living solutions, security systems and technology-enabled conveniences, the statement concluded.

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AD Ports Group a facilitator of global trade, logistics, and industry, signed a Foundation Agreement with SEMURG INVEST (Semurg), the owner and developer of the Sarzha Multifunctional Marine Terminal at Kuryk Port, Kazakhstan. Sarzha Grain Terminal will see a total investment of US $50mn over the two phases, with AD Ports Group contributing around $30mn.

Under the terms of this agreement, AD Ports Group owns a 51% stake and Semurg owns a 49% stake in the Sarzha Grain Terminal. The firms have commenced construction of a greenfield grain terminal at Kuryk Port. Following the completion of phase one, this grain terminal will have the capacity to handle 570,000t of grain cargo per year. With the construction of phase two, the terminal’s capacity is set to expand further, reaching 1.5m tons per year.

With phase 1 scheduled for completion in the second half of 2026, Sarzha Grain Terminal is set to enhance global food trade, connecting Kazakhstan via the Transcaspian International Transport Route with Europe through a network of sea and dry ports in Central Asia.

Abdulaziz Zayed Al-Shamsi, Regional CEO of AD Ports Group said, “Our partnership with Semurg marks another key milestone in AD Ports Group’s Middle Corridor strategy and reinforces our commitment to global food security and the UAE’s National Strategy for Food Security. This investment demonstrates our group’s dedication to expanding our presence in Central Asia, and in Kazakhstan in particular.”

He added, “Sarzha Grain Terminal will not only boost grain trade and handling at Kuryk Port but also, by leveraging modern technologies and sustainable practices, we aim to establish a resilient and reliable food supply chain to meet the growing demand of the global population. This project embodies our commitment to innovation, sustainability, and strategic growth.”

Nurzhan Marabayev, General Director, SEMURG INVEST added, “Our partnership with AD Ports Group marks a new impulse for the development of the Middle Corridor and confirms SEMURG INVEST’s commitment to continue further development and execute the transport and logistics potential development roadmap until 2030 approved by the government of the Republic of Kazakhstan. The project is aimed at diversifying export routes for Kazakhstan goods, increase export and transit potential of the Transcaspian route and develop Mangystau region economy.”

This partnership was initially announced in August 2023, follows AD Ports Group and its recent ventures in the Central Asian region, driven by their strategic priority to enhance the transportation of resources to global markets, while connecting diverse regions and fostering economic growth.

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