Azizi Developments Sells 100% Of Pearl In Al Furjan
Azizi Developments, a leading private developer in the UAE, has sold all its units at Pearl, situated in Dubai’s growth corridor, Al Furjan, which boasts easy access to all of the emirate’s points of interest while still being a comfortable distance away from the bustle of the city. The development comprises 192 studios, 54 one-bedroom apartments and 14 two-bedroom apartments. Among the 40 nationalities that have purchased units in Pearl so far, buyers from the United Arab Emirates represent the largest demographic at 25%. They are followed by investors from several Western and European countries, including the USA, Italy, and Germany, which
Dubai Developer BinGhatti Mulls Tokenising Real Estate Assets
The Dubai-based developer behind the $204 million Bugatti-branded penthouse is looking into tokenising real estate purchases to allow investors with as little as AED 500 to access the market. Muhammad BinGhatti, chairman of developer BinGhatti, said at the Sharjah Investment Forum that the company had started accepting cryptocurrency payments in 2021, and took AED 500 million ($136 million) in payments in digital currencies within the first nine months. He said the organisation is now “toying with” tokenising real estate, to allow anyone, regardless of their wealth, to access the real estate market. “We are working on as organisation, tokenising real estate to be able to
Azizi Developments, ScameParre S.p.A. Partner For Electrical Infrastructure Solutions
Azizi Developments, a leading private developer in the UAE, has announced its partnership with Italian manufacturer Scame Parre S.p.A., which designs and produces industrial connectors, distribution equipment, automation solutions and more, for the supply of high-end ceiling rose and fire rated isolators across various projects in Dubai South, MBR City, Dubai Studio City, Al Furjan, Dubai Sports City, and Dubai Healthcare City, including Azizi Venice, Riviera, Azizi Vista, Azizi Central, Azizi Grand, and Creek Views III. Scame Parre S.p.A. has been at the forefront of designing and manufacturing cutting-edge electrical components and systems since its inception in 1963. Headquartered in Parre,
15% Of DHG’s Helvetia Residences Construction Complete Amidst Dubai’s Thriving AED 5.93bln Off-Plan Segment
DHG Properties, a Swiss real estate developer renowned for its legacy of over three decades, has completed 15% of construction for its latest development, Helvetia Residences, in Jumeirah Village Circle (JVC). This progress places the firm on track to deliver its project in Q2 of 2026 with more than 50% of the 430-unit development already sold. The UAE’s construction sector has shown robust growth via a 54% increase in activity in Q2 of this year. With the value of awarded projects rising from $31 billion in 2022 to $87 billion in 2023, it reflects a significant boost in economic diversification and
Alphabeta Properties Unveils Q-East: Transforming Al Quoz With A Visionary Development
Alphabeta Properties, a leader in Dubai’s real estate market, is proud to announce the launch of its latest flagship development, Q-East. This ambitious project is set to revolutionize Al Quoz, an area traditionally known for its industrial and creative sectors, by introducing a modern, upscale community that blends luxury, innovation, and community-centric design. Q-East by Alphabeta Properties is not just another real estate project; it’s a visionary development that will reshape the landscape of Al Quoz. The project offers an impressive mix of residential, commercial, and retail spaces, each meticulously designed to meet the highest standards of modern living. From luxurious
Sobha Group Launches ‘Sobha Energy Solutions’, A New Business Division To Revolutionise Cooling Services
Sobha Group, a leading global real estate company, has marked its foray into a new business vertical with the introduction of the ‘Sobha Energy Solutions’, underscoring its steadfast dedication to delivering unparalleled services to customers, marking a significant milestone in its acclaimed backward-integration model, and echoes its efforts towards innovation, quality, and sustainability, reinforcing its position as a forward-thinking industry pioneer. The new business division is positioned to revolutionise cooling services with its state-of-the-art 40,000-tonne cooling plant capacity. This advanced infrastructure is designed to support around 14000 apartments within Sobha Realty’s developments by 2027, exemplifying the developer’s unwavering commitment to innovation
HRE Development Launches SkyHills 2 In Jumeirah Village Circle
HRE Development, a prominent name in the UAE real estate market, has announced the launch of their latest project SkyHills 2, with a commitment to invest AED 10 billion in the next three years. A premium mixed-use development located in the thriving heart of Jumeirah Village Circle (JVC), SkyHills 2 promises to redefine community living with its innovative blend of commercial and residential spaces, offering 509 luxury apartments and 17 retail outlets. The project is scheduled for completion by Q2 2026. With residential units ranging from Studios to 3 Bedroom Duplexes, and prices starting at AED 680,000, SkyHills 2 is designed to attract
Metropolitan Group Announces Major Recruitment Drive To Hire Over 100 Real Estate Agents Across UAE
Metropolitan Group, a leading real estate firm in the UAE, has announced a recruitment campaign to attract over 100 talented agents across its various brands, including Metropolitan Premium Properties, Metropolitan Homes, Penthouse.ae and Metropolitan Capital Real Estate in Abu Dhabi to support the Group’s growth and expansion across the UAE. The recruitment campaign underscores Metropolitan Group’s commitment to identifying top agents and developing future team leaders in the industry, while solidifying its position as a top employer of choice in the UAE. The Group was recently recognized as a top workplace in Asia by Great Place to Work. The company was
Engel &Völkers Middle East Appointed As Exclusive Real Estate Agency For P.O.B1 Properties
Engel &Völkers Middle East, known for its residential and commercial real estate services in the premium segment, has been appointed as the exclusive real estate agency for P.O.B1 Properties, a new real estate development division launched by the Saif Al Ghurair Real Estate Group, a diversified family-owned conglomerate with operations in manufacturing, real estate, and financial investments. Saif Al Ghurair Group has an expanding global presence and a network of operations in MENA, Europe, North America, and Australia. Inspired by the historical significance of owning PO Box 1, P.O.B1 Properties represents a deep connection to Dubai’s heritage and a commitment to
Mohammed Bin Rashid Reviews Azizi Developments’ Cultural District Project In Dubai South
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, reviewed the cultural district project, located within the Azizi Venice community in Dubai South. Launched by Azizi Developments, the project aims to enrich Dubai’s cultural and art landscape and foster innovation in the creative sector. HH Sheikh Mohammed received a briefing from Mirwais Azizi, Founder and Chairman of Azizi Developments, on the key components of the project which seeks to strengthen Dubai's position as a global cultural hub and improve its ranking in global competitiveness indices. The unique project reflects Dubai's