< PreviousTOTAL AREA 7.3KM2 10 APRIL 2025 THE BIG PICTURE CW_Apr2025_10-11_Big Picture_13554327.indd 1031/03/2025 18:51APRIL 2025 11 THE BIG PICTURE Oman has revealed its masterplan for the reimagination of its second-largest city, Salalah. Launched by the Oman Ministry of Housing and Urban Planning, the plan is part of the Sultanate’s $85.8 billion pipeline of developments being delivered across the country. The plans, covering 7.3km2 and designed by leading international design studio Sasaki, will provide over 12,000 residential units, housing 60,000 residents across four distinct, walkable neighbourhoods. Prioritising mixed-use and a soft-mobility focus throughout, it will also encompass 3,500,000m2 of open space and parks, 200,000m2 of retail and hospitality space, 100,000m2 of cultural space, two new hospitals, and integrated, multimodal transport links. A new pedestrianised marina will also host retail, tourism, and hospitality offerings. [Oman Ministry of Housing and Urban Planning] CW_Apr2025_10-11_Big Picture_13554327.indd 1131/03/2025 18:5212 APRIL 2025 QUOTE OF THE MONTH Arecent report by Stirling Hospitality Advisors reveals that Ras Al Khaimah (RAK) is expected to see the addition of 14,148 new residential units between 2026 and 2029. Among these, branded residences are projected to make up 5,604 units. Market forecasts also indicate that prices in RAK’s secondary market could potentially reach AED4,000 per square foot by 2027 and AED4,500 by 2030. Hence, Tatiana Veller, Managing Director of Stirling Hospitality Advisors, sheds light on how branded residences are not only reshaping RAK’s real estate market but also enhancing the overall living experiences for residents and investors. What makes RAK an attractive destination for real estate investment, especially in the luxury sector? RAK has experienced remarkable real estate growth in recent years, with real estate units seeing a 30% average price increase in 2022 alone. This surge has been driven by announcements like the Wynn Resort and the anticipated population growth expected to continue until 2030. Another critical factor contributing to this expansion is the emirate’s strategic focus on developing projects like RAK Central, which aims to transform a 3.1 million square feet plot of land near Al Marjan Island and Al Hamra Village into a futuristic Central Business District. The RAK government has further boosted investor confi dence through initiatives like transparent regulations and foreign ownership options. By strategically positioning itself as a premium destination for tourism and investment, RAK has successfully attracted megaprojects, which has snowballed its global appeal. However, what truly sets RAK apart is the lifestyle it off ers. As living costs and rental prices rise in mature markets like Dubai, families, and businesses are increasingly choosing RAK for its aff ordability without compromising on quality. Branded residences will make up 40% of new residential units in RAK by 2029. Could you provide insights into how this trend will shape the overall real estate market? The rise of branded residences as a signifi cant portion of RAK’s real estate market will redefi ne the emirate’s housing landscape, particularly in the luxury segment. This trend will likely lead to greater segmentation of the market, with an increasing focus on premium off erings catering to affl uent buyers and global investors. As demand for branded properties grows, property valuations in the emirate are expected to rise, further enhancing its reputation as a hub for upscale living. For developers, the shift presents an opportunity to tap into a high-margin segment while buyers benefi t from access to exclusive properties that combine luxury living with brand prestige. Visit Construction Week Online to read the full interview Tatiana Veller, Managing Director of Stirling Hospitality Advisors, reveals the future of Ras Al Khaimah’s real estate market trends, price forecasts, and investment opportunities RAK has successfully attracted mega- projects, which has snowballed its global appeal CW_Apr2025_12_Quote of the Month_13557850.indd 1231/03/2025 18:52APRIL 2025 13 Construction Week Middle East is set for an exciting year ahead, with a lineup of industry-leading events in 2025. This includes our fl agship Leaders in Construction Conferences in September and the Construction Week Awards in November. As always, we look forward to bringing together the industry’s key players to celebrate excellence, innovation, and progress. Stay tuned for more updates! EVENTS CALENDAR For more information on our events, contact Kate Galaktionova, Events & Marketing Manager (kate.galaktionova@itp.com). For all awards-related inquiries, contact Eleanor Ashton, Head of Events (eleanor.ashton@itp.com). If you would like to be one of our partners and take advantage of our sponsorship opportunities, contact Moutaz Gadelhak, Commercial Director (moutaz.gadelhak@itp.com), or Om Mehta, Commercial Manager (om.mehta@itp.com). *Dates are subject to change at the editorial team’s discretion* EVENTS 2025 CALENDAR 218 REAL ESTATE SUMMIT: SAUDI ARABIA 2025 DISPUTE RESOLUTION STRATEGY SERIES MAY MAY CONFERENCECONFERENCE CW_Apr2025_13_Events_13554331.indd 1331/03/2025 18:5314 APRIL 2025 STAT OF THE MONTH PROJECT HIGHLIGHTS LOCATIONWATER USAGE REDUCTIONTOTAL SURFACE AREA INNOVATIONS Abu Dhabi New Airport 50%480,000m218m-high sand dunes THE ZAYED INTERNATIONAL AIRPORT LANDSCAPING PROJECT ACHIEVES A 50% REDUCTION IN WATER USAGE The Zayed International Airport showcases how infrastructure can be designed to integrate with environmental considerations. Managed by Dorsch Global, the project is deployed of sustainable landscaping practices to address the unique environmental challenges of the region. This initiative refl ects a practical approach to balancing operational requirements with ecological responsibility, showcasing how modern airports can incorporate innovative solutions into their development. Spanning 480,000 square metres of meticulously crafted green spaces, the project redefi nes sustainable landscaping in the region and solidifi es Abu Dhabi’s reputation as a hub for innovation and environmental stewardship. Its singular vision was to create an iconic and welcoming environment while adhering to the highest standards of sustainability. To achieve this, the project focuses on water conservation by utilising native and local plants, which signifi cantly reduce water dependency and enhance biodiversity. Solar power systems were also integrated to minimise energy consumption, further emphasising the project’s commitment to sustainability. The Abu Dhabi New Airport Landscaping Project sets a benchmark for sustainable practices in large-scale infrastructure development. Among its key achievements is a 50% reduction in water usage, made possible by incorporating volcanic soil products sourced from Hungary, which retain moisture more effi ciently. Native and local plant species were prioritised to ensure compatibility with the desert environment, signifi cantly reducing water requirements compared to imported species. The project also avoided tapping into groundwater aquifers, preserving these vital resources for future generations. By integrating features such as 18-metre-high sand dunes that balance aesthetic appeal with functional design, the project demonstrates how sustainability, and architectural harmony can co-exist. The Abu Dhabi New Airport Landscaping Project stands out as a landmark initiative, setting a benchmark for sustainable practices CW_Apr2025_14_Stat of the Month_13557856.indd 1431/03/2025 18:53Untitled-10 128/03/2025 00:5516 APRIL 2025 CITY FOCUS The agreement focuses on developing infrastructure for SEVEN’s 21 entertainment destinations across KSA SEVEN PARTNERS WITH TAWAL TO BUILD ADVANCED DIGITAL INFRASTRUCTURE Designed with fl exibility and future scalability, the infrastructure will enhance the capabilities of 4G and 5G networks, support the Internet of Things (IoT), and enable advanced ICT services, contributing to an improved digital experience for visitors to the group’s destinations, off ering seamless connectivity and enriched digital engagement. Abdulrahman Al-Ali, Chief Information Offi cer at SEVEN, said, “This partnership marks a signifi cant step in advancing the digital infrastructure of our entertainment destinations, enabling exceptional and seamless experiences for our visitors.” Engineer Mohammed Al-Hakbani, CEO of TAWAL, commented, “Together with our partners at SEVEN, we will develop advanced digital infrastructure built on the highest standards of quality and reliability, ensuring an outstanding digital experience.” The group aims to redefi ne the concept of entertainment in the kingdom and enhance the entertainment experience for visitors by developing and operating 21 entertainment destinations in 14 cities around the kingdom with investments of more than SAR50 billion. These destinations will feature world- class, innovative, and unique experiences, alongside strategic global partnerships in the entertainment sector. Saudi Entertainment Ventures (SEVEN), part of Qiddiya Investment Company (QIC), a wholly owned Public Investment Fund (PIF) entity, has entered into an agreement with TAWAL, a leading Saudi telecommunications and IT infrastructure company. The partnership signed during the LEAP Conference, a global platform for technology and innovation, aims to establish neutral digital infrastructure across all SEVEN entertainment destinations in Saudi Arabia. The agreement focuses on developing the internal and external infrastructure for SEVEN’s 21 entertainment destinations across Saudi Arabia. This includes the design, management, operation, and maintenance of a neutral infrastructure compatible with all telecom operators. The infrastructure will feature indoor coverage systems (IBS), multi-band antenna distribution systems, and neutral communication towers at SEVEN destinations. CW_Apr2025_16_City Focus_13557857.indd 1631/03/2025 18:54NAVIGATE THE LANDSCAPE OF BUILDING BRILLIANCE, WITH NO INTERRUPTIONS UH OH, THE REST IS ONLY FOR SUBSCRIBERS SCAN BELOW TO JOIN THE EXCLUSIVE COMMUNITY18 APRIL 2025 A DAY IN THE LIFE A DAY IN THE LIFE OF PHILIP GILLARD MANAGING DIRECTOR OF ARQUITECTONICA 6:15AM: If I’m not doing a Crossfit class at Base3, I’m taking my son to school so we get to spend some time together— after he has selected a pair of ‘odd’ socks for me of course! He is the funniest person I know so it sets the day up perfectly. 7:15AM: The commute begins post school drop- off, cruising down Sheikh Zayed Road, past the site of Arquitectonica’s upcoming project Mr. C Residences Downtown. The skyscraper marks the second Mr. C chapter in Dubai, following the Jumeirah property, which we completed last year, and won a Construction Week award for! Developed by ALTA Real Estate in partnership with Cipriani, it’s always a privilege to contribute to such a bold vision. 8AM: This is when I set the tone for the day—usually consisting of project meetings or design reviews. We might be checking architectural renders or discussing a concept for a new project. In Saudi Arabia, we are currently finalising the initial stages of a luxury multi-use tower project with Urubah Investment in Riyadh, as well as a master planning project for Bin Dawood, along with a luxury branded residence on Palm Jumeirah in Dubai; a sector we’re particularly celebrated for, with over 60 collaborations across the world. 12PM: Once a month, we gather as a team for lunch at One Life in D3—a chance to switch off, share a drink, and have a laugh together. On other days, I might spend lunch catching up with industry peers, discussing upcoming projects, or exploring new opportunities to partner. People and collaboration are inherent to what we do. I believe they are fundamental pillars to success, so I always enjoy connecting with people and seeing where we can work together. If I’m not meeting with someone, I like to use lunch as a break from the desk—grabbing a thick black pen and letting ideas flow. 2PM: Afternoons are usually time to connect with clients. This might be a site visit, material reviews, or a presentation. We’re fortunate to work with incredible people and play a part in bringing exceptional projects to life. 4PM: I spend time with the team, whether it’s mentoring, catching up, or just sharing a laugh. In the middle of the daily grind, it’s important to have these moments of connection and keep things light when we can. 6PM: The US office is now waking up. We might have a few calls scheduled to discuss global strategies, travel plans, and key upcoming events. Most days it’s all about collaboration as we work globally on all projects with our offices in Hong Kong, Miami, and Lima. 8PM: Home with my son and wife. Whether it’s dinner, bedtime stories, or simply catching up. You usually learn the importance of work/life balance the tough way. Time at home is something I truly cherish. CW_Apr2025_18_A Day in the Life_13562882.indd 1831/03/2025 18:55APRIL 19, 2025 THE ARENA, BAB AL SHAMS, DUBAI For partnership opportunities contact us at customercare@me.spartan.com Untitled-2 125/03/2025 21:31Next >