The Public Investment Fund (PIF) and JLL have announced that JLL is acquiring a substantial stake in the Saudi Facility Management Company (FMTECH), which is a PIF company. The PIF said it will retain a majority stake in FMTECH and noted that the transaction is expected to close subject to customary closing conditions.

FMTECH is a national integrated facilities management company that serves PIF portfolio companies, and clients from both the public and private sectors across Saudi Arabia. The investment allows JLL to expand its service capabilities in the Saudi market, while strengthening its existing relationship with the PIF.

FMTECH will benefit from JLL’s global network and operational track record, which will help it identify new commercial opportunities and localise knowledge and technologies. FMTECH will integrate JLL’s advanced digital facility management platforms and global operating systems, which will enhance service quality, efficiency, and transparency across its entire delivery model. This will ultimately drive long-term value creation for clients.

Saad Alkroud, Head of the Local Real Estate Investment at PIF said, “Facilities management is a key component of the real estate and infrastructure sector, and of PIF’s local real estate strategy, which drives economic transformation and diversification, advances urban innovation and enhances quality of life. JLL’s investment will further accelerate FMTECH’s progress and create new opportunities for growth that will benefit the sector.”

Neil Murray, CEO, Real Estate Management Services at JLL added, “With this investment, we’re combining JLL’s best-in-class operational and technological facilities management capabilities with FMTECH’s local market knowledge, to deliver exceptional service to clients in the rapidly growing Saudi market.”

The transaction aligns with PIF’s strategy to attract private sector investments from domestic and global sources into its companies. This will help unlock their full potential and deliver sustainable returns, while also fulfilling its unique mandate to drive the country’s economic transformation.

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Source: ME Construction News

Nikken Sekkei says it is set to redefine the city’s skyline with Trump Tower Dubai. The project, commissioned by Dar Global, aims to redefine the concept of luxury in the region. Rising 350m above Sheikh Zayed Road, the tower will boast bold geometry with crafted detailing to create a landmark that is both visually striking and functionally refined, said a statement.

The concept draws on the confident forms of Manhattan and the architectural discipline of Japan. Nikken Sekkei’s Dubai studio has translated these influences into a structure that feels international in ambition yet grounded in cultural sensitivity. The result is a tower that speaks to global aspiration through a distinctly Japanese lens, it added.

Dr. Fadi Jabri, CEO of Nikken Sekkei Dubai said, “Trump Tower Dubai blends bold geometry with crafted detail to create a landmark that is both visually striking and functionally refined. The design draws on the confident forms of Manhattan and the architectural discipline of Japan, reflecting our commitment to proportion, restraint and long-term value. We are proud to set a new benchmark for how global design intelligence can shape the future of high-rise luxury in the region, elevating branded living through clarity, precision and cultural relevance.”

Inside, the tower will offer a curated lifestyle. The Trump Club will feature a spa, infinity pool, cigar lounge, fine dining, and leisure areas. These amenities are not just decorative elements but integral to the architectural experience, reflecting Nikken Sekkei’s belief that urban environments are crafted with intent, where every element contributes to comfort, privacy, and prestige.

Parking is also said to be concealed behind vertical louvers, preserving the façade’s integrity. A multi-storey car park connects directly to the tower, housing a gym, children’s play area, and observation deck. The layout, with smooth transitions, will ensure an enhanced resident experience.

The project has been shaped by Japanese design principles, including restraint, proportion and long-term thinking. Materials are selected for their texture and durability, light is used to define space rather than decorate it and the building is designed to complement its surroundings rather than dominate them. This philosophy is evident in every aspect of the tower. Public and private spaces have been arranged to promote flow and comfort. Interiors are calm, tactile, and composed, devoid of excess or distractions. The tower is being constructed to endure, not to impress.

Trump Tower Dubai is said to showcase Nikken Sekkei’s commitment to long-term value. It aligns with regional visions while addressing practical demands related to climate, culture, and community. The architecture is bold yet restrained, the interiors refined yet intimate, and the overall design strikes a harmonious balance between ambition and discipline, the statement said.

For Nikken Sekkei, Trump Tower Dubai goes beyond a mere project; it serves as a statement of how branded residences can evolve. It redefines luxury through proportion, craftsmanship, and cultural relevance, demonstrating how global influence can be adapted to local contexts, creating spaces that resonate with both aspiration and authenticity.

Trump Tower Dubai represents the culmination of this narrative, integrating form and function, ambition and restraint, global vision and local relevance. It embodies the values that define the city it serves, making it a design that truly reflects the city’s essence, the statement concluded.

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Developer Palma Development has awarded a US $206.9mn construction contract to Khansaheb Civil Engineering. This contract is for the delivery of West Residence, which is billed as a 46-storey tower that marks the beginning of phase 1 within the Serenia District at Jumeirah Islands.

Khansaheb is said to have a long-standing connection with the Serenia brand. The contractor’s commitment to quality, safety, and on-schedule execution is a hallmark of their work, aligning with the expectations set for Serenia District, said the statement.

This appointment solidifies a longstanding partnership that has spanned over a decade, and reflects Palma’s commitment to collaborating with partners who possess the capabilities to deliver complex residential projects to high standards.

Hassan H. Nia, Founder & CEO, Banian FZCO said, “Our work begins with selecting the right locations and the right partners. Banian and Palma Development are proud to once again appoint Khansaheb as our construction partner for the evolution of the Serenia brand. Khansaheb has been part of our journey for many years, and we trust their ability to deliver Serenia District – West Residence with the same precision and discipline that shaped our previous successes. This appointment strengthens a relationship built on trust, shared values, and consistent performance.”

Kareem Derbas, CEO, Palma Development added, “The Serenia brand has evolved into a trusted name for residents and investors who prioritise stability, quality, and long-term value. The returns delivered across our earlier developments reflect that commitment. As we enter the next chapter with Serenia District, we do so with full confidence in Khansaheb. They understand the essence of the Serenia brand, and that understanding is embedded in every phase of this development.”

Tariq Khansaheb, Chairman, Khansaheb Civil Engineering continued, “Our work with Palma Development and Banian began more than a decade ago, and it remains a partnership we care about deeply. Projects under the Serenia brand have always carried a clear vision and a commitment to exceptional quality, which aligns closely with our values. The development will be a defining addition to the emirate, and we are proud to play a part in bringing it to life.”

The Serenia District development, valued at US $1.36bn boasts six towers, each centred around a distinct lifestyle zone that caters to the diverse needs of its residents. These zones include the Serenia signature clubhouse, health and social zone, promoting wellness and community engagement, the Sports and Recreation spaces, Family Oasis, Nature Discovery zone, and Wellness Retreat.

As the inaugural tower within the masterplan, the West Residence will feature 411 units of one-, two-, and three-bedroom homes, complemented by two signature penthouses. These homes will offer residents a range of living options and amenities.

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Source: ME Construction News

Nakheel has unveiled the design for the Palm Jebel Ali Friday Mosque, a landmark project that will serve as the spiritual and cultural heart of the island. With a capacity of up to 1,000 worshippers, the mosque aims to harmonise Islamic tradition with modern architectural expression.

Located along the island’s central spine, the mosque aligns with Nakheel’s vision of creating community-centric destinations that foster connection, well-being, and a sense of belonging, said a statement.

Designed by Skidmore, Owings & Merrill (SOM), the Palm Jebel Ali Friday Mosque reinterprets classic Islamic forms through a contemporary lens. The structure’s cascading textile inspired canopy, extending from the roof to the courtyard, provides shade and visual continuity with the surrounding landscape.

Khalid Al Malik, Chief Executive Officer of Dubai Holding Real Estate said, “The Palm Jebel Ali Friday Mosque reflects our commitment to building communities that enrich lives and foster belonging. Designed as an architectural icon and a place of worship and peace, it will serve the island’s residents and visitors, while standing as a symbol of spiritual harmony and cultural dialogue. Working with SOM enables us to bring forward a design that is both contemporary and timeless, aligning with our broader vision for Dubai’s continued growth and prosperity.”

Chris Cooper, Partner at Skidmore, Owings & Merrill (SOM) added, “SOM’s design for the Palm Jebel Ali Friday Mosque reinterprets Emirati vernacular architecture for a new generation. Inspired by the island’s coastal landscape, the design celebrates the interplay of geometry, light and material through a sweeping woven canopy that filters sunlight and draws the sea breeze into the heart of the mosque. The result is a serene yet striking sanctuary, deeply rooted in Emirati tradition while embracing the future – a spiritual anchor that unites faith, community and the natural rhythms of the sea.”

SOM’s design embodies calmness and inclusivity, featuring clear pathways, landscaped walkways, and generous ablution spaces. These elements encourage a reflective and welcoming experience, while natural light softly diffuses throughout the interiors, creating tranquil spaces that elevate the spiritual experience and provide comfort and serenity, the firm said.

Standing at 40m tall, the mosque’s minaret will serve as a feature across Palm Jebel Ali, symbolising faith and unity. Its refined geometric composition mirrors the harmony and order inherent in both Islamic art and SOM’s design philosophy.

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Meraas has awarded a US $92.6mn contract to Al Sahel Contracting for the construction of the new Riwa apartments at Madinat Jumeirah Living. The project is expected to be completed in Q3 2027.

Riwa comprises three 10-storey residential buildings, each housing 244 apartments, ranging from one-to-three bedroom units to a four-bedroom penthouse.

This latest contract award is said to solidify the longstanding partnership between Meraas and Al Sahel Contracting. Their collaboration is nearing completion on the fifth phase of Madinat Jumeirah Living, after successfully delivering four earlier phases. The partnership exemplifies Meraas’ commitment to delivering design, quality, and craftsmanship, said a statement from the developer.

Designed with contemporary elegance in mind, Riwa will feature refined facades that harmonise with the community’s signature modern-heritage architecture. The residences will boast light-filled, spacious interiors, elevated finishes, and designed layouts that align with Meraas’ vision for sophisticated urban living.

Khalid Al Malik, Chief Executive Officer of Dubai Holding Real Estate said, “Riwa represents the latest chapter in the evolution of Madinat Jumeirah Living, one of Dubai’s most desirable addresses. It encapsulates the city’s ambition to create extraordinary homes that bring together design excellence, comfort and community spirit. This milestone highlights our commitment to shaping neighbourhoods that inspire pride and belonging.”

Moustafa Ali Moustafa Hasan, General Manager of Al Sahel Contracting added, “Being entrusted with the construction of Riwa marks another proud moment in our enduring partnership with Meraas. This contract reaffirms the confidence placed in Al Sahel to deliver world-class developments that embody Dubai’s architectural and lifestyle vision.”

Located within the Jumeirah district, Riwa offers residents access to parklands, landscaped courtyards, fitness centres, swimming pools and children’s play areas. Designed with walkability and wellbeing in mind, the development will feature an interconnected network of pedestrian pathways that link seamlessly with the wider Madinat Jumeirah Living community.

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India-based developer Casagrand has unveiled Casagrand HERMINA, a premium residential development taking shape on Dubai Islands. With a development value of US $114.4mn, the launch of Casagrand HERMINA highlights Casagrand’s expansion into the Middle East. The project aims to blend coastal tranquility with city living.

Arun Mn, Founder and Managing Director, Casagrand said, “At Casagrand, we have spent more than 22 years creating high-quality developments grounded in precision, timely delivery, and an unwavering focus on customer satisfaction. Bringing this ethos to the UAE is an important milestone for us, and Casagrand HERMINA encapsulates what we value most, a place where the sea brings calm, the city stays close, and life feels restorative, joyful, and connected. Our experience in thoughtful design and meaningful community living shapes every detail, and we’re excited to introduce this approach to one of the world’s most dynamic real estate markets. Ultimately, our goal is to continue to be the developer people trust with one of the most important decisions of their life – of buying a home.”

Casagrand HERMINA will offer 131 residences, ranging from one-to-four bedroom apartments, which are designed with privacy, openness, and elevated everyday living in mind. Each residence is spaced thoughtfully on every floor to enhance privacy, create quieter corridors, and instill a boutique sense of exclusivity. Casagrand HERMINA is scheduled for completion in Q2 2028.

Strategically located within Dubai Islands, a major coastal district backed by government vision and investment, Dubai Islands is supported by the Dubai 2040 Urban Master Plan. The area boasts 21km of Blue Flag-certified beaches, major infrastructure upgrades, including an eight-lane bridge to Downtown Dubai by 2026, and a planned Metro link.

Luthfullah K, Director, Dubai, Casagrand said, “Dubai Islands represents one of our city’s most exciting long-term growth corridors, and it was essential for our first UAE development to be rooted in a location that reflects both our ambition and our values. With Casagrand HERMINA, we wanted to create a community that captures the balance people increasingly seek, spaces that feel calming and restorative, yet remain closely connected to everything Dubai offers. This development is a statement of our commitment to the market and Casagrand HERMINA is only the beginning of what we aim to contribute to the city’s evolving residential landscape.”

Casagrand HERMINA integrates advanced smart technology and eco-conscious design to create a healthier and more efficient living environment with smart home controls, eco-friendly materials, and a landscaped podium that naturally helps regulate temperatures.

The development is envisioned as a place where everyday life feels elevated, where wellness, leisure, and community are seamlessly woven into routine. Beyond its impressive range of amenities, from serene swimming pools and spa retreats to vibrant play areas, an immersive sky cinema, and tranquil meditation zones, every space invites you to slow down, connect, and experience a richer way of living while staying connected to the city. Fully furnished layouts, walk-in closets, and entry foyers in all units further enhance the sense of comfort and everyday ease, the developer said.

Designed by the Casagrand in-house architectural team who have the experience of curating homes for more than 55,000 families, Casagrand HERMINA stands at the crossroads of tradition and transformation, where the vibrancy of the city meets the serenity of the shore, the developer said.

Each space is shaped to carry meaning for every family that buys a home at Casagrand HERMINA. From rooftop views to wellness zones, the Casagrand team were committed to creating a lifestyle that makes coming home feel restorative, the statement concluded.

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Developer TownX has achieved a milestone in the construction of its Ashley Hills project. In just four months since its launch, the development has said construction progress has reached 40%. The achievement showcases the company’s exceptional efficiency and commitment to delivering residential communities, the firm said.

Located in the Arjan district, Ashley Hills aims to redefine the residential landscape. With a sellable area of 400,000sqft, it will accommodate 616 apartments, which are designed to cater to families and investors seeking modern, sustainable living spaces in one of Dubai’s fastest growing districts, the statement noted.

Site mobilisation, enabling works, piling, and foundation construction have all seen significant progress, while the firm said it has also made notable strides on the superstructure and internal works, further solidifying the project’s trajectory.

The external envelope and building services are also currently underway, while internal finishes are progressing. External works and infrastructure are scheduled to commence in the coming months, the developer added.

In August 2025, TownX appointed Ocean Stone as the main contractor for the project. Ocean Stone, known for their experience in large-scale residential developments, has been instrumental in driving the project forward and ensuring timely progress.

Haider Abduljabbar, Executive Director of TownX commented, “We are extremely proud of the remarkable progress made in just four months of construction. Achieving 40% completion is a testament to the hard work of our team and our contractors, whose collaboration has been instrumental in reaching this milestone. We are excited about the future of this project and remain focused on delivering Ashley Hills on time, while maintaining the high standards TownX is known for.”

The progress reflects TownX’s dedication to meeting the growing demand for residential options in Dubai. The location of Ashley Hills in Arjan offers excellent connectivity to major roads such as Sheikh Mohammed Bin Zayed Road and Al Khail Road, along with access to schools, retail centres, parks, and recreational facilities, making it an ideal living destination.

TownX has focused on delivering projects ahead of schedule and with attention to detail. With over 1,567 units delivered and 1,174 apartments currently in development, the company continues to expand its footprint in Dubai’s real estate market. Ashley Hills is another milestone in TownX’s efforts to create residential communities that meet the needs of modern families while delivering long-term value, the statement concluded.

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Developer Modon has awarded a US $272mn contract for the execution of its Maysan project to Trojan Construction Group. The project is taking shape on Reem Island in Abu Dhabi.

According to the firm, the contract is for the construction of two modern and fully integrated residential communities within Maysan – ‘Mayar’ and ‘Thoraya’.

The move is said to showcase Modon’s commitment to delivering long-term sustainable value and meeting the highest international standards.

The first district, Mayar, will comprise 60 townhouses and 132 stacked maisonettes – a new concept in Abu Dhabi – nestled within a secure, gated community, the developer said.

The second district, Thoraya, features 184 architecturally stunning townhouses, guarded by a private entrance that ensures both exclusivity and security. When complete, the project will benefit from seamless access to the beach, landscaped parks, and a vibrant community centre, it added.

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Source: ME Construction News

Developer Union Properties has officially commenced construction on its US $544.6mn flagship project, Mirdad, in Dubai Motor City. The milestone is said to mark Union Properties’ commitment to innovative master planning, architectural excellence, and wellness-driven urban living.

Mirdad is a four-tower complex that embodies Union Properties’ vision for modern, connected, and sustainable living. The project aims to foster a strong sense of community and belonging among its residents, the firm said.

The groundbreaking ceremony was attended by Mohamed Fardan Ali Al Fardan, Chairman, Abdul Wahab Al Halabi, Vice Chairman, Eng. Amer Khansaheb, CEO and Board Member, and Union Properties Board Members. Their shared commitment underscores the development’s goal of creating harmonious community spaces that inspire residents and elevate their daily lives.

Spanning across 356,931sqft, Mirdad will feature 1,087 units. These units include a limited number of lofts and elegantly styled apartments that boast natural light, panoramic views, and smart design features.

Additionally, residents will have access to over 26 indoor and outdoor amenities. The development incorporates smart building technologies, green spaces, and EV charging stations. Out of the 1,294 parking spaces, 647 are equipped with chargers, and the project features energy-efficient facades and materials.

The enabling works for the Mirdad project will involve excavating 446,000cu/m of soil and construct a 716m-long shoring boundary. These preparations will pave the way for the next phase of construction.

Strategically located in Motor City, amidst retail and leisure destinations, and two upcoming public park projects, Mirdad offers urban convenience, lifestyle appeal, and long term returns to residents and investors. Moreover, its location between Al Maktoum International Airport and Dubai International Airport makes it an ideal choice for those seeking convenience and accessibility, the developer explained.

Guided by a philosophy of architectural excellence and sustainable design, Mirdad is set to be completed in Q4 2028, the statement concluded.

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