REAL ESTATE-

Mira plans AED 55 bn mixed-use community: Real estate developer Mira Developments plans to build a AED 55 bn (USD 15 bn) mixed-use community along the Abu Dhabi-Dubai highway, CEO Timur Mamaikhanov told The National. The “full-scale small city” project will be financed using Mira’s equity in tandem with funds from Switzerland, he said.

The plan: The project will include 14k apartments, 1.7k villas, 1k townhouses, three hotels, schools, universities, offices, a 200-bed hospital, a mall, and leisure facilities. Construction is due to begin within 12 months and the development is set to be completed by 2035.

BACKGROUND- Earlier this week, AD Ports Group sold AED 2.5 bn worth of land in Al Mamoura to Mira Developments for the project — one of Abu Dhabi’s largest planned community developments. It’s one of several mega projects along the corridor, including a USD 10 bn project from Egypt’s Ora Developers and a AED 4.5 bn beachfront project from Ohana Development.

EDUCATION-

Taaleem to build school in MAF’s Ghaf Woods: Education provider Taaleem Holdings is acquiring a plot of land to build a school in Majid Al Futtaim’s AED 15.4 bn Ghaf Woods residential project in Dubai, according to a press release (pdf). The planned campus will span 23k sqm and is set to accommodate up to 1.8k students. The transaction is still subject to regulatory approval.

Taaleem has been on an expansion drive as of late: The school operator secured AED 968 mn in financing agreements last month to fund its majority stake takeover of Kids First Group and build a new Harrow International School campus in the UAE. It also acquired land and property assets last year in Emirates Hills in Dubai to develop a new campus for its Dubai British School - Emirates Hills.

Meanwhile, Majid Al Futtaim is also planning a mall complex for Ghaf Woods, and was recently tapped for a Saudi Vision 2030 project.

SPORTS-

Emirati soccer team Al Jazira Club will begin construction on its new Zayed City stadium in Abu Dhabi in 2026, according to a statement. The venue will seat 24k fans, expandable to 30k, and is expected to be completed within three years. It will feature air-conditioned seating, a retractable pitch, and hospitality facilities including restaurants and lounges open beyond match days. The stadium will host both sports and non-sports events throughout the year.

Background: Last month, ADX-listed investment firm Mair Group and Al Jazira Club signed an MoU to develop 80k sqm around the Mohammed bin Zayed Stadium, its current home ground, into a mixed-use commercial hub through a JV led by Makani Real Estate.

TRADE-

AD Ports, UNDP sign pact on digital trade and smart logistics: AD Ports Group will work with the United Nations Development Program (UNDP) to develop digital platforms using AI to improve supply chain operations, customs activities, trade finance, and port operations, according to a press release. The partnership also includes joint research and policy work to boost efficiency and sustainability in global supply chains.

AVIATION-

MBRAH boosts line maintenance capacity: Dubai South’s aerospace platform Mohammed Bin Rashid Aerospace Hub (MBRAH) expanded its line maintenance units (LMUs) to a total of 11 facilities spanning 76k sq ft, Dubai Media Office reports. The LMUs offer aviation operators services like warehouses for storage and maintenance, engineering support, tooling, and direct access to clients. Expansion is set to be completed by 3Q 2026.

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