Mazaya considering strategic tie up for Ariane City project 12 May 2021 - 8:52 Sachin Kumar | The Peninsula Mazaya Real Estate Development is planning a strategic tie up with Ariane Real Estate to develop part of the Ariane City project. The project, which is under implementation, is expected to complete phase 1 by the second half of this year. “Mazaya Real Estate Development is considering a strategic partnership with Ariane Real Estate to develop part of the Ariane City project located in Mesaimeer, where the Company had reached an advance stage of studying this partnership,” said Mazaya Real Estate Development in its recent report. “The project is under implementation and is expected to complete phase 1 by the second half of 2021 as the city offers a harmonious mix of residential buildings and commercial spaces such as Boulevard Street, hospitality, various uses and commercial spaces, as well as retail and entertainment spaces,” it said.