KSA $1 Billion Project | Qiddiya High-Speed Rail Project | Ventures Onsite Market Update

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Stay informed with the latest GCC construction news for October 2025. From luxury real estate launches in Dubai and Ras Al Khaimah, to Saudi Arabia’s billion-dollar project and the Qiddiya High-Speed Rail, to Oman’s first large-scale solar and battery storage plant — the region continues to witness rapid growth under Vision 2030 and beyond.

Key Highlights:
In the UAE:
• JW Marriott Residences – Dubai Islands (115 luxury homes, rooftop amenities, 2028 completion)
• Miraggio – $708M waterfront project on Al Marjan Island, Ras Al Khaimah
• Solaya – 234 luxury beachfront residences in Jumeirah 1, developed with Dubai Holding Investments & Brookfield Properties
In Saudi Arabia:
• $1B mixed-use development by Dar Global
• Ministry of Energy – Prequalification process for gas distribution networks in 5 Industrial Cities
• Qiddiya High-Speed Rail – 250 km/h line linking airport, financial district, and Qiddiya City
In Oman:
• Ibri III Solar + BESS Project – $299M investment led by Masdar, combining 500 MW solar with 100 MWh battery storage

These projects demonstrate the GCC’s commitment to infrastructure, energy diversification, and luxury real estate.