Deyaar Board Reaches Landmark Decision To Distribute Dividends
In a major milestone, the Board of Directors of Deyaar Development PJSC ("Deyaar"), one of the leading real estate developers and service providers in Dubai, the United Arab Emirates (UAE), has announced the approval of dividend distribution for the first time in the company's history. This landmark decision marks a significant chapter for Deyaar and its shareholders while underscoring its commitment to delivering long-term value to the company's shareholders. Commenting on the historic decision, Mr. Abdullah Al Hamli – Chairman of the Deyaar Board of Directors, said: "We are delighted to announce our decision to distribute dividends to our valued shareholders. The
KARL LAGERFELD Villas By Taraf Unveils Artistic Architecture With Luxury Property In Dubai
Taraf and KARL LAGERFELD have unveiled an exclusive residential community of villas that marks a groundbreaking collaboration, seamlessly blending each partner's unique vision. Through a meticulous interplay of premium materials, water features, and artistic architectural designs, this exceptional community creates an environment that truly captivates the senses. This community development showcases a unique blend of luxury with creativity to redefine sophisticated living. Low Ping, Group CEO of Yas Holding, Taraf’s parent company, says: “This is an unprecedented venture that marries Taraf’s commitment to luxury and innovation with the unparalleled design prowess of Karl Lagerfeld. We’re thrilled with this collaboration, which goes beyond
Dubai Land Department, Property Finder, Bayut, Dubizzle Collaborate To Empower Local Talent In Real Estate Sector
Dubai Land Department (DLD), represented by the Real Estate Regulatory Agency (RERA), has entered into partnership agreements with Property Finder, Bayut Web Publishing and Dubizzle to empower local talents and raise awareness in Duba’si real estate sector. These partnerships aim to create an exceptional real estate training environment to improve service efficiency, enhance customer satisfaction, and advance services in alignment with best practices and standards in the industry. The signing ceremonies of the agreements took place on the sidelines of the ‘Tamkeen Real Estate Workshop’ hosted by DLD on 4 March. The event was attended by Eng. Marwan bin Ghalita, Acting
Explained: What It Takes To Build Dubai’s 3D Printing Marvel ‘The GateHouse’
The GateHouse project, located in Dubai's Tilal al-Furjan cottage village, is a testament to advanced construction technology, according to Nikolay Kudryashov, CEO of PrintStone 3D. Commissioned by developer Nakheel and executed by PrintStone 3D under Ginco General Contracting and technical guidance from Arif & Bin Toak, the project broke new ground by 3D printing a building with an expansive canopy – a first of its kind globally. "The project demanded precision in design and execution to ensure seamless integration without compromising functionality or aesthetics," said Kudryashov in an interview with Zawya Projects. Designed as the control centre for the Tilal al-Furjan residential complex, the GateHouse consolidates a
DLD Honours Owner Of Real Estate Investment Transaction Number ‘1,000,001’
Dubai Land Department (DLD) concluded its participation in the International Property Show - IPS 2024, which spanned three days with the involvement of 125 local and international exhibitors. The event provided a platform for exchanging expertise and showcasing the latest projects and most promising investment opportunities the real estate sector offers. During the event, His Excellency Engineer Marwan bin Ghalita, Acting Director General of Dubai Land Department, recognised Nakheel Community Management (NCM) for attaining the esteemed ‘Platinum’ rating in the classification system for jointly owned properties management companies by the Real Estate Regulatory Agency (RERA). This acknowledgement celebrates their extensive experience
Sobha Realty Achieves All-Time High Sales In 2023 With Record Bookings Of AED 15.5 Billion
Sobha Realty, a leading real estate developer in the region committed to delivering unrivalled quality and luxury, concluded the year 2023 with record-breaking sales. The company recorded all-time high sales of AED 15.5 billion in 2023, demonstrating the surging demand for its luxury properties. In 2023, the company witnessed a 51 per cent growth in sales across its diverse portfolio of residential and commercial developments in Dubai. The company attained its sales target of AED 15 billion in 2023 and is aspiring to achieve AED 20 billion in 2024. Sobha Realty’s steadfast commitment to ensure utmost excellence in design, craftsmanship, quality,