Dubai developer Damac said it has awarded the main works contract for the last batch of 190 villas within its Bel Air cluster located at Damac Hills. The major facilities at the cluster include landscaped streetways, a community park and a swimming pool.
Equitativa (Dubai), the largest real estate investment trust manager in GCC and also manager of Emirates REIT, said it has sold its property hosting Jebel Ali School located within Akoya development in Dubai, to Taaleem Holdings for AED233.5 million ($63.