Azizi Developments Sells 99% Of Azizi Neila
Azizi Developments, a leading private developer in the UAE, has announced that Azizi Neila, located in the highly acclaimed growth corridor of Al Furjan, is now 99% sold. Among the 31 nationalities that have purchased units, Emiratis comprise the largest demographic at 20%. Investors from Western and European countries, such as the UK, US, and Canada, account for 45%, while those from South Asian nations represent 25%. Meanwhile, buyers from the MENA region, including Egypt and Jordan, contribute 9%. Mr. Farhad Azizi, Group CEO of the Azizi group of companies, said: “We are immensely proud of Neila’s extraordinary success, with 99% of
Kleindienst Group Launches Nine Luxurious Party Suites At voco™ Monaco Dubai At The Heart Of Europe On The World Islands
Kleindienst Group, a leading global business conglomerate and master developer behind The Heart of Europe on Dubai’s World Islands, is proud to announce the launch of the Party Suites at voco™ Monaco Dubai. Designed for those who seek the ultimate entertainment experience, these exclusive suites set a new standard for luxury hospitality, reinforcing The Heart of Europe as the region’s first party island and a premier leisure destination. Josef Kleindienst, Founder and Chairman of Kleindienst Group, said, “The Party Suites at voco™ Monaco Dubai mark a defining moment in our mission to transform The Heart of Europe into the city’s top
Deyaar Reports AED 505.4 Million Profit Before Tax, Up 14.68% YOY In Preliminary Unaudited Results For YTD Dec’2024
Deyaar Development PJSC (“Deyaar”), one of the leading real estate developers and service providers in Dubai, the United Arab Emirates (UAE), has today announced its preliminary unaudited financial results for the full year ending 31 December 2024. Deyaar posted a 14.68% increase in net profit before corporate tax,rising to AED 505.4 million in 2024 from AED 440.7 million in 2023.The total revenue saw a 20.61% increase, reaching AED 1,512.8 million in 2024 compared to AED 1,254.3million in 2023. The increase in revenue is attributable to a rise in Property Development revenue, which saw an increase of 25.6%, reaching AED 1,193.9 million in
Wasl Sets New Standard In Urban Luxury Living With The Launch Of Avenue Park Towers At Wasl 1
Wasl, one of the largest real estate management and development companies in the UAE, is launching Avenue Park Towers – a highly-anticipated luxury residential project – within the Wasl 1 development, near Zabeel Park. Offering a unique balance of city and park living, and a strategic mix of residential, retail, and commercial spaces, Avenue ParkTowers will appeal to both investors and end-users.Its proximity to Zabeel Park, ensures access to green spaces within an urban setting. Home owners and investors can enjoy an address in a prime location, with seamless connectivity to Sheikh Zayed Road, DIFC, Dubai Metro, and other key landmarks. The
Palace Group Marks 25 Years With AED 36bln In Super Prime Developments
Palace Group, one of the UAE’s leading luxury real estate developers, celebrates its 25th anniversary, revealing a AED 36 billion portfolio spanning over 200 super-prime projects across the country. Founded in 1999 by Wissam Damaa, Palace Group has played a defining role in shaping the UAE’s luxury real estate sector, delivering some of the most exclusive properties across Abu Dhabi, Dubai, Sharjah, and Ras Al Khaimah. With AED 20 billion in completed projects and AED 16 billion currently under development, the company continues to raise the bar for ultra-luxury living. A Legacy of Innovation and Excellence Over the past 25 years, Palace Group
UAE: Mohammed Bin Rashid Reviews Progress Of Housing Project For Citizens
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, reviewed the progress of the Sheikh Rashid Bin Mohammed Bin Rashid Al Maktoum Housing Project for Citizens in the Wadi Al Amardi area in Dubai. The project features 672 villas under construction at a total cost of AED1.4 billion, in addition to endowment markets, a mosque, a public park, and service facilities designed to meet the needs of Emirati families. The new residential project is directly overseen by H.H. Sheikha Hind bint Maktoum bin Juma Al Maktoum, wife of H.H. Sheikh Mohammed bin Rashid Al Maktoum.
World’s Highest Penthouse Hits The Market: A $51M Masterpiece In Dubai’s Iconic Burj Khalifa
The world's highest residence, an ultra-exclusive 21,000 sq. ft. duplex penthouse in the Burj Khalifa, is now on the market for $51 million. Listed exclusively by Invest Dubai Real Estate, this once-in-a-lifetime opportunity represents the pinnacle of luxury living, boasting unmatched panoramic views, architectural grandeur, and an address that defines global prominence. Living at the top. The highest residence, in the tallest tower in the world. Over 1,300 feet above the city, this one-of-a-kind full-floor duplex in the Burj Khalifa offers unrivalled 360-degree views of Dubai, the Arabian Gulf, and the vast desert beyond. Spanning 14,000 square feet on the main
Refine Unveils $12 Billion Development Portfolio And Bold Expansion Plans For 2025
Refine Development Management, Dubai’s leading fully integrated development management company,kicks off the new year with bold expansion plans and a pipeline portfolio valued at $12 billion.As a significant milestone, Refine introduces its state-of-the-art Sales Gallery, highlighting its dedication to excellence and delivering transformative projects in the UAE. The UAE’s real estate market continues to experience record-breaking investment and unprecedented growth, and Refine is strategically positioned to capitalise on this momentum.The company aims to deliver a portfolio of iconic development projects across Dubai, with several high-profile launches scheduled for 2025. In Q1 and Q2, Refine will unveil high-end residential projects in Meydan with
IMTIAZ Launches Sunset Bay Collection In Dubai Islands With Hrithik Roshan In Attendance
In a landmark event that captivated the real estate and luxury lifestyle community, Imtiaz Developments officially launched its highly anticipated ‘Sunset Bay Collection’ five premier waterfront projects on Dubai Islands. The grand ceremony was attended by high-profile dignitaries, industry leaders, and global celebrities, including Indian superstar Hrithik Roshan. The Sunset Bay Collection comprises five distinct projects, each thoughtfully designed to offer an island lifestyle with world-class amenities, direct access to pristine beaches, and a seamless integration of modern architecture with the natural beauty of Dubai Islands. Located near the area's largest mall, upscale resorts, and fine-dining restaurants, the collection is ideally
Mr. Eight Development Announces The Launch Of Villa Del DIVOS On Dubai Islands
Mr. Eight Development, a European property developer with over 20 years of experience, is launching its first residential project in the UAE–Villa del DIVOSon Dubai Islands. This is the first of five planned developments on the Island, with a total investment of half a billion dirhams, setting a new standard for luxury beachfront living. Mr. Eight Development will host an exclusive event at Blue Waters Forum on February 8, 2025, at 6 pm to celebrate the launch. The event will bring together industry leaders, investors and special guests and offer an exclusive project preview. Located on Dubai Islands, this development marks the