Explore the latest trends and actionable insights on the Construction Projects market to inform business strategy and pinpoint opportunities and risks.

Middle East and Africa: Five Largest Townhouses Construction Projects Started in Q1 2022

  • With a project value of $12,000 million, the Qatari Diar - New Cairo City Gate Development - Egypt project was the largest Townhouses project in the Middle East and Africa, on which construction started in Q1 2022. The Qatari Diar - New Cairo City Gate Development - Egypt project is located in Egypt and initially announced in Q2 2020 with an estimated completion in Q4 2026. The Emaar – The Valley Development – Dubai project was the second-largest project with a project value of $6,806 million, on which construction work started in Q1 2022. The Emaar – The Valley Development – Dubai project is located in United Arab Emirates and initially announced in Q3 2019 with an estimated completion in Q4 2025.

  • The AARED/HPD – Gardenia City – Egypt project was the third-largest project, the Aldar – Al Gurm Development: Phase 2 – Abu Dhabi was the fourth-largest project, and the TWD - The Waterway North Coast – Egypt was the fifth-largest project with a project value of $1,635 million, $250 million and $213 million respectively. The AARED/HPD – Gardenia City – Egypt project located in Egypt was announced in Q1 2021 with an estimated completion in Q4 2027, the Aldar – Al Gurm Development: Phase 2 – Abu Dhabi project located in United Arab Emirates was announced in Q3 2021 with an estimated completion in Q2 2024 and the TWD - The Waterway North Coast – Egypt project located in Egypt was announced in Q1 2018 with an estimated completion in Q2 2026.

  • Among the five largest projects, the AARED/HPD – Gardenia City – Egypt project is the longest in terms of completion date, with construction expected to be completed in Q4 2027. On the other hand, the Aldar – Al Gurm Development: Phase 2 – Abu Dhabi project is the shortest in terms of completion date, with construction expected to be completed in Q2 2024.

Middle East and Africa: Five Largest Townhouses Construction Projects Started in Q1 2022

Published: July 2022
Source: GlobalData

Explore the latest trends and actionable insights on the Construction Projects market to inform business strategy and pinpoint opportunities and risks. Explore the latest trends and actionable insights on the Construction Projects market to inform business strategy and pinpoint opportunities and risks. Visit Report Store
Still looking?

Don’t wait - discover a universe of connected data & insights with your next search. Browse over 28M data points across 22 industries.

Explorer

Access more premium companies when you subscribe to Explorer

Get in touch about GlobalData Company reports

Contact the team or request a demo to find out how our data can drive your business forward