Dubai –  The total value of the UAE’s top 10 under-construction real estate projects stood at AED 55 billion ($15 billion) during the first quarter of 2018, data by PNC Real Estate showed.

These projects varied between average and luxury housing to shopping malls, in addition to the development of health facilities, according to Al-Ittihad newspaper.

In Abu Dhabi, Reem Mall was among the largest 10 projects in the emirate at a cost of AED 4.4 billion, followed by Al Ain Hospital also at AED 4.4 billion.

Moreover, the first phase of the Al Fayada housing project and Sheikh Shakhbout Medical City are worth AED 4 billion each.

Al Mariah Abu Dhabi Mall and Warner Brothers are being established at AED 3.67 billion in investments each, while the fourth phase of Ruwais Housing for workers is being developed at a cost of AED 2.56 billion, and Aldar's Water Edge at AED 2.2 billion.

Meanwhile, the fourth phase of the Shahama Hydra Village came in the tenth spot among the on-going real estate projects in terms of value.

Source: Mubasher

All Rights Reserved - Mubasher Info © 2005 - 2018 Provided by SyndiGate Media Inc. (Syndigate.info).

Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an “as is” and “as available” basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here.