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Showing posts with label Real Estate. Show all posts
Showing posts with label Real Estate. Show all posts

Monday, November 18, 2024

Natuzzi Harmony Residence by Peace Homes: A New Pinnacle of Luxury Living in Dubai

 Dubai, UAE – November 12, 2024:  Peace Homes Development, a Dubai-based luxury real estate developer, is proud to unveil Natuzzi Harmony Residence by Peace Homes, an exclusive collaboration with Natuzzi Italia, the world-renowned luxury furniture brand celebrated for its unparalleled Italian craftsmanship and elegance.

This unique development brings the epitome of bespoke living to Dubai, blending high-end Italian design with an architectural marvel tailored for discerning families who seek not just a home, but an immersive experience of luxury and harmony.

Each residence within Natuzzi Harmony Residence by Peace Homes is individually crafted to reflect the personal aesthetics and lifestyle preferences of its residents. From the selection of materials to the tailored interior designs, the development ensures every home is a masterpiece that captures the sophistication of Italian artistry and the warmth of Mediterranean influences.

Global Football Star Neymar Jr. Acquires AED 200 Million Penthouse at Bugatti Residences by Binghatti in Dubai.

Dubai, UAE, Monday 18 November 2024 – Dubai’s reputation as a hub for luxury real estate continues to grow, attracting global icons like Brazilian football star Neymar Jr. who recently acquired an AED 200 million high-end penthouse in the ultra-luxurious Bugatti Residences by Binghatti, the world’s first and only Bugatti-branded residences.



Wednesday, November 13, 2024

“Reportage Properties” participates in the “Cityscape Global 2024” in Riyadh

 * Special discounts on the company’s projects in the UAE,

Saudi Arabia, Egypt and Turkey

Riyadh- November 12,2024

Reportage Properties, the leading UAE-based real estate developer, will be present to share in the activities “Cityscape Global 2024” exhibition, which is held in Saudi Arabia for the second year in a row, under the slogan “The Future of Life”, at the Riyadh Exhibition and Convention Center in Malham, north of Riyadh, from November 11 to 14.

“Reportage Properties” confirmed keenness to participate in the “Cityscape Global 2024” exhibition in Riyadh, which provides an important platform for investors, real estate developers, designers and innovators, to exchange experience and expertise and make deals, in addition to explore the most important real estate projects worldwide.


Tuesday, November 12, 2024

Al Seeb Developers Announces Launch of Royal Regency Suites in Business Bay, Valued at AED 500 Million

 Part of the reputed Al Safeer Group, Al Seeb Developers bring decades of trust and expertise, with prime location and competitive pricing

Dubai, UAE – November 2024 – For over three decades, Al Seeb Developers has been synonymous with quality, expertise, and value in the UAE’s real estate landscape. A part of the reputed Al Safeer Group, Al Seeb’s portfolio spans across residential properties, hotels, shopping malls, and commercial spaces. A name synonymous with luxury and quality in real estate, Al Seeb Developers, is now pleased to announce the latest launch of Royal Regency Suites, an elite residential development, valued at AED 500 Million in Dubai’s vibrant and coveted Business Bay area, establishing new benchmarks in both residential quality and investor returns.


Positioned as a prime investment prospect, Royal Regency Suites offers one of the most-awaited apartments in the Business Bay area, priced between AED 1.18 million and AED 4.4 million, with an investor-friendly 60/40 payment plan. With an attractive launch price of just AED 1,800 per square feet, the development is poised to deliver substantial returns on investment (ROI), attracting high-value investors who are seeking robust growth potential in Dubai’s competitive market.

Monday, November 11, 2024

Binghatti lightens Egypt’s Pyramids of Giza with its new AED 5 B Skyrise project

 Cairo, Egypt – Saturday, November 9, 2024 – In a historic celebration beneath the awe-inspiring Pyramids of Giza, Binghatti developers unveiled its latest project, Binghatti Skyrise. As Dubai’s leading real estate developer, Binghatti marked this milestone with an unforgettable launch event, showcasing its commitment to redefining luxury in the heart of Business Bay, Dubai.

The event featured a special performance by the iconic Emirati artist Hussain Al Jassmi, captivating an audience of over 2,500 guests. Among the distinguished attendees were prominent dignitaries, business leaders in the real estate sector, and a host of renowned celebrities from the arts, sports, and media industries.



Egyptian stars in attendance included Nabila Ebeid, Bushra, Ahmed Al Awadi, Hesham Abbas, Sabry Fawwaz, Amir El-Masry, Mohamed Gomaa, Tarek Al Nahri, Arwa Gouda, and Ahmed Gamal Saeed. Media personalities Hala Sarhan, talk show hosts Samar Yosri and Lamia Fahmy Abdel-Hamid, and interior designer Rabab Abdel-Aty also attended, adding to the event’s prestige and appeal.

Friday, November 8, 2024

Binghatti to Showcase New Luxury Landmark in Dubai Amidst the Pyramids of Giza.

Cairo, Egypt (November 8, 2024) Following the successful launch of Binghatti Skyrise in Dubai, which saw an astounding 50% of units sold on the first day, anticipation is building for the second phase of this iconic project. Expressions of interest for the next phase will soon open, culminating in an exciting launch event set for November 8 in Cairo, Egypt, beneath the awe-inspiring Pyramids of Giza. This historic launch event will feature an exclusive performance by celebrated Emirati artist Hussain Al Jassmi, promising an unforgettable celebration of architectural excellence.

In recognition of the strong demand from Egyptian investors—who rank among the top international buyers with Binghatti—a dedicated team from Binghatti Real Estate will also be available in Cairo for five days after the event. This team will not only showcase Binghatti’s latest offerings but also underscore our commitment to Egyptian clients, whom Chairman Muhammad BinGhatti holds in high regard. The event will also feature appearances by popular Egyptian celebrities, adding a local touch and creating a vibrant, culturally immersive experience. This dedicated team will host a property showcase and provide on-site sales and customer service at the Kempinski Hotel in New Cairo, delivering personalized support for Egyptian clients.

Wednesday, November 6, 2024

The Luxe Developers sell the two most expensive residences in Al Marjan Island, valued at over AED180 million

  • An Investor has bought two luxury Sky Villas – The Celest & The Stellar, each priced at over AED 90 million each
  •  The Sky Villas form part of the AED 1.5 billion Oceano luxury development on Al Marjan Island and are due for completion in 2026
  • High-end sale signifies strong demand for ultra-luxurious properties in        Ras Al Khaimah

Dubai, United Arab Emirates, 4 November 2024: The Luxe Developers, a UAE-based real estate development firm, has announced the sale of The Celest and The Stellar, two ultra-luxury residences that form the pinnacle of the company’s Oceano development, located on Al Marjan Island.

The two sky villas sold off-plan, priced at AED 90 million each, underscoring the demand for ultra-luxurious properties in line with the increase in overseas and local UHNWI relocating to Ras Al Khaimah.

Thursday, October 31, 2024

Binghatti Skyrise Launches to Success with 50% of Units Sold in One Day!

 Dubai, UAE (October 31, 2024) – The launch of Binghatti Skyrise has set a new benchmark in Dubai’s real estate market, with 50% of its units sold out within the first 24 hours. This remarkable demand highlights the appeal of this one-of-a-kind development.

The exclusive unveiling event, held at The Meydan Hotel’s Sky Bubble on October 30th, drew over 5,000 guests, including prominent investors and high-net-worth individuals from the region. Binghatti revealed the project location with a stunning light display that illuminated the Dubai skyline, symbolically marking the project’s place in the city’s future.

“Binghatti Skyrise is more than just another development; it’s a statement in Dubai’s evolving luxury landscape,” said Muhammad BinGhatti, Chairman of Binghatti. “The rapid sell-out is a testament to the market’s confidence in Business Bay’s long-term value, and in Binghatti’s commitment to delivering quality and innovation. With the addition of Binghatti Skyrise, Binghatti’ portfolio now exceeds AED 40 billion. This launch aligns with Binghatti’s vision to double its project portfolio to over AED 100 billion in the next 18 months, demonstrating a steadfast commitment to shaping Dubai’s luxury real estate market with innovative, high-value developments.”


One Za’abeel achieves “ Luxury Project of the Year” at Construction Innovation Awards 2024

 Dubai, October 31, 2024: One Za’abeel, the iconic landmark developed by Ithra Dubai, proudly celebrates its achievement of “Luxury Project of the Year” at the prominent2024 Construction Innovation Awards.

The Construction Innovation Awards have been celebrating leaders inconstruction and the trailblazing projects they bring to life.One Za’abeel was previously awarded “Best Innovative Project of the Year” in 2019, while still under construction. Now nearing the first year since its opening, the iconic mixed-use development achieves the title of “Luxury Project of the Year”elevating the respected status of One Za’abeel as a flourishing Dubai landmark.

Wednesday, October 30, 2024

Binghatti Launches AED 5 Billion Skyrise Project in Business Bay.

Dubai, UAE (October 30, 2024) – In a new step to strengthen its position in Dubai’s luxury real estate market, Binghatti Developers has now launched ‘Binghatti Skyrise’, the newest icon in the heart of  Business Bay area of Dubai, perfectly located to meet the increasing demand for luxury residential units near Burj Khalifa and the Dubai Water Canal.

This launch comes as part of Binghatti’s vision to double its project portfolio to over AED 100 billion in the next 18 months. The project is an architectural masterpiece featuring 3,333 residential units designed in a contemporary style.

Binghatti Skyrise design concept draws inspiration from the seamless fusion of diverse elements, resulting in a cohesive façade that captivates the senses. Strategically situated in Dubai’s Business Bay district, this expansive waterfront development offers effortless access to Downtown Dubai and uninterrupted views of the iconic Burj Khalifa and Dubai Water Canal.


Tuesday, October 8, 2024

Binghatti Properties aims to double its project portfolio to AED 100 billion within 18 months

 With the launch of 12000 units within 3 months:

Binghatti Properties aims to double its project portfolio to AED 100 billion within 18 months

Muhammad Binghatti in media statements:



– With the total “cash flows” from Binghatti’s soon to be handed over projects exceeding AED 3.67 billion, we are currently expanding the portfolio to AED 100 Billion within the next 18 months.
– Dubai’s properties continue to offer lucrative opportunities with the average price per sq. ft. being one third of that in London and half of that in Los Angels.

Dubai, the UAE- Tuesday, the 8th of October 2024:

Leading Dubai developer Binghatti Properties is embarking on a portfolio expansion that will almost double the size of its portfolio within the next 18 months to AED 100 billion, compared to the current AED 40 billion. This comes after Binghatti had recently displayed strong performance in the market in the first half of the year.



Muhammad Binghatti, the Chairman of Binghatti Properties, commented recently to the media in Dubai, stating that his company which has recently partnered with global brands including automotive legends Bugatti and Mercedes-Benz, as well as horology and jewelry brand Jacob&Co. is planning to launch 12,000 units within the next three months. This is in tandem with the developer receiving cashflows from projects that will be handed over during the next three months with a value exceeding $ 1 billion (AED 3.67 billion).

Wednesday, August 14, 2024

GCC investors expected to spend more than $4bn in UK commercial property market annually: Bank of London and The Middle East report

 

  • Falling interest rates, improved affordability to acquire assets and improved outlook for increased investment returns to drive GCC investor appetite
  • Growing investment appetite for good quality and flexible assets with strong sustainability credentials seen as emerging trend
  • Purpose-built student accommodation (PBSA) buildings experience rise in demand due to growing number of students form the Gulf region at British universities

01 August 2024: Investment into UK commercial property by Gulf investors is expected to grow to more than $4bn (£3.1bn) annually, according to new research from Bank of London and The Middle East (BLME), a Sharia’a compliant bank based in London.

Monday, August 5, 2024

DAMAC Signs the Main Works Contract for DAMAC Harbour Lights

 

  • Scope of work to include construction of 52-storey tower and 5-storey parking block
  • This is DAMAC’s first project in Dubai Maritime City

Dubai, UAE – August 1, 2024 – DAMAC Properties is pleased to announce the signing of a new contract with Modern Building Contracting Co. (MBCC), one of the leading construction companies in the UAE. This partnership marks a significant milestone in the development of a 52-storey tower that will feature 294 luxurious apartments.

Monday, July 22, 2024

KLEINDIENST GROUP SELLS OUT FIRST PHASE OF MARBELLA RESORT HOTEL IN 8 HOURS

 

  • The event saw over2,000 visitors. 
  • The hotel brings Spanish charm under the IHG Vignette collection to Dubai, and features its own coral reefs and a kilometre-long raining street.

Dubai, United Arab Emirates, 17 July 2024: Kleindienst Group, a leading global business conglomerate and the master developer behind The Heart of Europe, has announced the successful sell-out of the first phase of its AED 1 billion Marbella Resort Hotel, Vignette Collection by IHG Hotels and Resorts on the World Islands. The exclusive launch event attracted over 2,000 visitors, highlighting the strong demand for luxury properties in Dubai’s thriving real estate market.

The first phase of the beachfront development, located on the main Europe Island, was sold out within 8 hours, underscoring the significant interest across various nationalities, including UAE nationals, Saudis, Indians and Europeans.

Sarah Ali, Chief Operating Officer of The Heart of Europe stated, ‘’We are delighted by the overwhelming response to the launch of The Marbella Resort Hotel. This project showcases our dedication to offering outstanding experiences that integrate cutting-edge innovation with sustainable practices. The swift sell-out of Phase 1 is a clear testament to the trust and confidence in our vision and the distinctive offerings of this development. We eagerly anticipate announcing the launch of future phases soon.’’

Saturday, July 6, 2024

زويا للتطوير العقاري تدخل السوق العقاري في دبي وبقوة

 

زويا للتطوير العقاري تدخل السوق العقاري في دبي وبقوة

زويا للتطوير العقاري تدخل السوق العقاري في دبي وبقوة

  • كشف النقاب عن خطط لإنشاء مساحات سكنية تحمل روح المستقبل في المناطق المزدهرة مثل الفرجان وقرية جميرا الدائرية وجزر دبي
  • تسليم أكثر من 100,000 وحدة سكنية بالإضافة إلى تطوير عقارات متميزة بمساحة إجمالية تجاوزت 2 مليون قدم مربع على مدار العقد الماضي

دبي، الإمارات العربية المتحدة – يوليو 2024 – أعلنت شركة زويا للتطوير العقاري، الشركة الهندية الرائدة في قطاع العقارات، عن خططها التوسعية للدخول إلى سوق العقارات الإماراتي، وذلك من خلال إطلاق مشروعها الأول في منطقة الفرجان في دبي، والذي يتوقّع تسليمه بحلول عام 2026.

ومن المزمع ان تشمل مشاريع زويا للتطوير العقاري مختلف المناطق الحيوية في دبي مثل الفرجان وقرية جميرا الدائرية ومنطقة مثلث قرية جميرا في دبي، لتضع بذلك معايير جديدة من الأناقة والتميز في تصميم المساكن الفخمة. وتتميز هذه المشاريع التي سيكشف النقاب عنها قريباً بتصاميمها الفسيحة والمساحات الخارجية المتكاملة والتقنيات المنزلية الذكية فائقة التطور، والتي صممت بعناية لتناسب احتياجات العملاء.

وتواصل شركة زويا للتطوير العقاري التي تحظى بخبرة واسعة تزيد عن 14 عاما تعزيز مكانتها في طليعة المطورين العقاريين، حيث حافظت على الصدارة بتصميمها المميز للمساحات السكنية الحديثة التي تمزج بين النواحي الجمالية والعملية وبتناغمٍ تام. وقد أكسبها نهجها المبتكر وتفانيها في تحقيق أعلى درجات الجودة سمعةً متميزةً على الساحة العقارية في الهند، حيث انجزت الشركة تسليم أكثر من 100,000 وحدة سكنية، بالإضافة إلى تطوير عقارات متميزة بمساحة إجمالية تجاوزت 2 مليون قدم مربع.

ZOYA DEVELOPMENTS MAKES LANDMARK ENTRY INTO DUBAI

 Zoya Developments Makes Landmark Entry into Dubai with Investment of over AED 2 Billion allocated for the next 3 years

  • They have delivered over 100,000 units and developed more than 2M sq.ft. of prime real estate over the last decade
  • Unveils Plans for Futuristic Living in Thriving Communities like Furjan, Dubai Islands & JVT 

Dubai, UAE – July 2024 –Zoya Developments, a prominent real estate developer from India, announced its expansion into the UAE market with Investment of over AED 2 Billion allocated for the next 3 years. This landmark entry is marked by the unveiling of their first project in Dubai’s thriving Furjan area, with a projected handover in 2026.

Zoya Developments’ inaugural projects in Dubai will be located in thriving localities like Furjan, Dubai Islands & JVT, promising new benchmarks in residential living. These soon-to-be revealed projects will feature spacious layouts, integrated outdoor spaces, and cutting-edge smart home technologies, all designed with a customer-centric approach.

Friday, July 5, 2024

MAG PARTNERS WITH MANTRA TO TOKENIZE $500 MILLION IN ASSETS, MARKING A UAE MILESTONE FOR REAL ESTATE

 United Arab Emirates, Dubai: 3 July 2024 — In a significant move in the global tokenized real world asset sector, MAG, a leading real estate developer in the UAE, announced a major partnership today with MANTRA, the Institutional-grade Layer 1 blockchain for tokenized RWAs, which will see the tokenization of half a billion US dollars’ worth of MAG’s real estate portfolio.

With MAG’s total real estate portfolio valued at over US$5bn, the collaboration with MANTRA aims to revolutionize real estate investment through the application of blockchain technology.Starting with Keturah projects – Keturah Reserve in Meydan, Dubai and Keturah Resort atDubai Creekside,the partnership will introduce a real estate financing vault on MANTRA’s purpose-built compliance-ready Layer 1 blockchain. This initial vault product provides investors with an attractive yield derived from an alternate asset class and is backed by the security of blockchain technology.

Wednesday, July 3, 2024

“Reportage Properties’ signed a Cooperation agreement with “Empire Holding Pakistan”

 “Reportage Properties’ signed a Cooperation agreement with “Empire Holding Pakistan”

– Initial investments of $300 million over the next five years

Abu Dhabi, United Arab Emirates

 Tuesday, July 2, 2024

Reportage Properties, the UAE leading real estate developer, headquartered in Abu Dhabi, signed an agreement with Empire Holding Pakistan, the leading residential and commercial real estate company based in Lahore, Pakistan, to launch a joint venture in the booming Pakistani real estate market.

The signing ceremony took place during a special event organized by Reportage Properties, on the sidelines of a special sales day on Sunday, June 30, 2024 at the Yas Hilton Hotel in Abu Dhabi.

Andrea Nucera, Managing Director signed the agreement on behalf of Reportage Properties, with Faisal Iftikhar, Managing Director of Empire Holding Pakistan.

Based on this agreement, which aims to enhance cooperation between the two companies, a new company with the name “Reportage Empire Pakistan”, will be founded to explore possible real estate projects in the Pakistani market, and develop the necessary marketing plans, in addition to a long-term strategy for the company’s expansion.

Thursday, June 13, 2024

Dubai’s Real Estate Renaissance: Mortgage Market Thrives in 2024

 Dubai’s Real Estate Renaissance: Mortgage Market Thrives in 2024

Unlocking Opportunities as Property Transactions Surge by 20%

Date: Dubai, UAE, June 11, 2024

Dubai’s real estate sector continues its upward trajectory, marking a robust start to 2024 with a remarkable surge in property transactions. The first quarter alone witnessed a staggering 20% increase compared to the previous year, signaling a beacon of growth and prosperity in the emirate’s real estate landscape.


Mr. Haider Qureshi, Managing Director of Amity Mortgages.

Sales values soared by 25%, with apartments leading the charge at 26% growth, while townhomes and villas also experienced a substantial uptick of 23%. This flourishing market gained further momentum as an investment hub following its removal from the FATF Greylist earlier in Q1 2024. From upscale villas to waterfront apartments and commercial towers, Dubai offers a diverse array of real estate options, attracting both local and international investors seeking prime assets in a thriving environment.

Tuesday, June 4, 2024

Danube Group and Dubai SME Sign Cooperation Agreement to Boost Market Opportunities and Foster Growth for Emirati-owned SMEs

 Danube Group  and Dubai SME Sign Cooperation Agreement to Boost Market Opportunities and Foster Growth for Emirati-owned SMEs

Dubai, UAE – June 3, 2024 –  Danube Group, a leading conglomerate in the Middle East and Dubai SME, a subsidiary of the Dubai Department of Economy and Tourism (DET), mandated to develop the small and medium enterprise (SME) sector, have signed a Cooperation Agreement to diversify the buyer base and expand market opportunities for Emirati-owned SMEs. This strategic alliance seamlessly aligns with the vision of His Highness, Sheikh Mohamed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, and Ruler of Dubai, and the goals of the ambitious Dubai Economic Agenda, D33 to further consolidate Dubai’s position as a leading global city for business and leisure.