Official Launch: 25hours Heimat Brings A New Kind Of Branded Residence To Downtown Dubai
Ennismore, the fastest-growing lifestyle and leisure hospitality company, in collaboration with the developer East & West Properties and D&B Properties, proudly announce the official launch of the inaugural standalone branded residence by hospitality brand 25hours. The exclusive unveiling of 25hours Heimat Dubaitook place at the multiple award-wining 25hours Hotel in Dubai One Central on January 10th, drawing a distinguished audience of over 950 individuals, including the brand’s founder, shareholders, brokers, and end-users. Situated in the heart of Downtown Dubai with magnificent views of Burj Khalifa and Downtown Boulevard, 25hours Heimat represents a groundbreaking paradigm shift in downtown living, as evidenced by
Summary Of Weekly Real Estate Transactions For The Week Ending 12 January 2024
The real estate and properties transactions valued at 10.1 billion in total during the week ending 12 January 2024. The sum of transactions was 2,910. 209 plots were sold for AED 2.19 billion, 2,100 apartments and villas were sold for AED 4.84 billion. The top three transactions were a land in Al Hebiah Sixth sold for AED 138.65 million, followed by a land that was sold for AED 105 million in Business Bay, and a land sold for AED 47.36 million in Palm Jabal Ali in third place. Al Hebiah Fifth recorded the most transactions for this week by 44 sales transactions worth
Deyaar Launches Rosalia Residences, Its Third Project In Dubai’s Al Furjan Community
Deyaar Development PJSC (Deyaar), one of Dubai’s leading property developers and real estate service providers, has announced the launch of Rosalia Residences, an exquisite tower of spacious apartments in the heart of Al Furjan that will further elevate the standard of living within the community. Strategically located in one of Dubai’s most vibrant and fast-growing communities, Rosalia Residences is Deyaar’s third project in Al Furjan out of a total project portfolio worth AED300 million. The first project, Amalia Residences, launched in 2022, is now completely sold out. The second, Millennium Talia Residences, a hotel serviced apartments operated by Millennium Hotels &
etisalat By e& Partners With ADRES To Support UAE’s Real Estate Sector
etisalat by e& today announced its partnership with Advanced Real Estate Services (ADRES) to enhance its products including DARI, Abu Dhabi's comprehensive digital real estate ecosystem, backed by the Department of Muncipalities and Transport (DMT). DARI's vision aims to revolutionise the digital landscape of Abu Dhabi's real estate sector, aligning with the UAE's vision to foster growth, competition and continued long-term success. As part of the MoU, etisalat by e& is enabling ADRES's digital framework, focusing on lead onboarding, improved communication, and expanding its reach through etisalat's digital platforms. Esam Mahmoud, Senior Vice President of Small & Medium Business at etisalat by
Top 5 Real Estate Trends To Lookout For In 2024, As Revealed By Winning Industry Leaders
Throughout 2023, the UAE’s real estate sector has shown sustained growth and newer consumer preferences, welcoming increased foreign confidence and igniting great opportunities for the future. Property Finder asked real estate’s industry leaders of its esteemed PF Awards to outline the top five property trends to look out for in 2024. More available properties: With a lot of new projects and off-plan developments entering handover stage in 2024, property seekers are most likely to have a wider range of options to choose from. Richard Waind, CEO, Betterhomes, explains “In 2024, we might see more available properties, as sellers look to take advantage
Dubai Real Estate Moguls Rizwan Sajan & Mohanad Al Wadiya Swear By Social Media For Boosting Sales
The indispensable nature of social media and the value of becoming one’s own brand ambassador were key takeaways from a panel discussion featuring real estate barons and influencers Rizwan Sajan and Mohanad Al Wadiya at the second edition of the 1 Billion Followers Summit being held at the Museum of the Future and Emirates Towers in Dubai on January 10-11, 2024. Moderated by property consultant and content creator Mohamed Zidan, the discussion titled “Become Your Own Brand Ambassador” had Sajan, the Indian-origin founder of Danube Group, and Al Wadiya, CEO at Harbor Real Estate, reiterate the power of social media in
The Heart Of Europe Promotes Wellness Market At 2nd’ AYUSH Conference & Exhibition’ In Dubai
The Heart of Europe (THOE), a visionary project by Kleindienst Group, the leading global real estate corporation and the largest European family-owned business in the UAE, is the Diamond sponsor of the 2nd International AYUSH Conference & Exhibition, a major event that explores medicine systems from around the world. The conference, held from 13 – 15 January at Dubai World Trade Centre, will feature global AYUSH leaders and professionals who will discuss how to prevent and manage non-communicable chronic diseases through Ayurveda, Yoga and Naturopathy, Unani, Siddha, and Homeopathy. Josef Kleindienst, Founder and Chairman of Kleindienst Group, said: “We are proud to
MAG Acquires AED 350 Million Plot In Downtown To Develop New Keturah Branded Residences Project
MAG, one of the leading real estate developers in the UAE, announced the purchase of a new plot in Downtown Dubai valued at AED 350 million to develop a new development part of the luxury well-being real estate and hospitality concept, Keturah. In his comments, Talal Moafaq Al Gaddah, Senior Executive Vice Chairman of MAG, said: “The Keturah brand has demonstrated its appeal since its announcement, following the successes of Keturah Reserve and Keturah Resort. This validates the dynamism of Dubai’s real estate sector and the heightened demand for strategic plots to cater to the influx of investors and buyers. We are
ZāZEN Properties Shares Future Real Estate Market Industry Insights
ZāZEN Properties, a homegrown sustainable property developer in the UAE, explains that sustainable construction efforts must ramp up on the heels of COP 28 to supply the growing population and future-proof the economy. This is especially true when considering the mid-market segment; approximately 50,000 new units have been delivered this year, to reflect almost half of Dubai’s population increase, but only 24,000 units are currently scheduled for delivery in 2024 despite the UAE having over $356 billion allocated to private real estate developments and ongoing public building and housing programs. Moreover, $17 billion worth of contract awards in 2023 have
Arada Signals Further Expansion Into High-End Dubai Property Market With AED600 Million Zabeel 2 Plot Purchase From Rital Properties, The Real Estate Arm Of Emirates NBD Properties
Arada has purchased a primeland plot in Zabeel 2 adjacent to Dubai International Financial Centre (DIFC), marking yet another significant expansion milestone for the master developer into the high-end Dubai property market. Valued at AED600 million, the plot was purchased from Rital Properties, the real estate subsidiary of Emirates NBD. The 138,466 sq ft land plot is close to both Index Tower and Central Park Towers. Strategically positioned between DIFC and Downtown Dubai, plans are in place to develop the land into a 50-floor luxury residential tower, containing 400 premium apartments, offering views of the Burj Khalifa and the stunning Dubai