LEOS Developments Announces Weybridge Gardens In Dubailand Has Officially Sold Out
LEOS Developments, the renowned international property and lifestyle developer, is proud to announce that Weybridge Gardens has officially sold out. The vibrant modern lifestyle community located in Dubailand captured the hearts of homebuyers and investors alike, cementing its reputation as a benchmark for high-quality design, contemporary living and next-generation amenities. Weybridge Gardens is a contemporary residential development comprising 187 high quality apartments. Each immaculately designed residence offers a perfect blend of form and function, featuring spacious layouts, elegant interiors, and inviting outdoor spaces. Weybridge Gardens will be home to studios and one-bedroom apartments, ranging from 484 sq.ft. to 1,141 sq.ft., adhering to
Palm Jumeirah Sales Surge Continues In Q2, With Garden Homes In High Demand
As the Dubai property market continues to break records in 2024, leading consultancy haus & haus Real Estate says the Palm Jumeirah is performing especially well on the sales front, with luxurious beachfront homes on the Fronds being targeted by wealthy global buyers. In particular, haus & haus experts say Garden Homes are seeing high demand in 2024, with ten sold and transferred in the first quarter of this year and that amount on track to double in the second quarter. The Garden Homes are part of a select group of properties known for their distinctive design and generous living spaces, with floor plans
Ras Al Khaimah Ruler Inaugurates Sobha Modular Industries’ New Manufacturing Facility In The Emirate
His Highness Sheikh Saud bin Saqr Al Qasimi, UAE Supreme Council Member and Ruler of Ras Al Khaimah, inaugurated Sobha Modular Industries’ new manufacturing facility in Al Hamra, Ras Al Khaimah. A subsidiary of Sobha Group, Sobha Modular Industries manufactures aluminium facades and bathroom pods with the use of cutting-edge AI-based CNC machines and robotics in its 250,000 m2 facility. The new manufacturing unit boasts a production capacity of 50 pods per day, with plans to double this output by year-end. It also produces 1,800 m2 of aluminium products daily, with major upgrades on the horizon. Moreover, this set-up is expected
Record Breaking Sale In Al Wasl District – Nordic By Fäm
Dubai's real estate market has reached a new pinnacle with the record sale of a villa for AED 61.5 million in the Al Wasl District, setting a new standard for luxury properties in this prestigious area. Developed by Nordic by fäm Real Estate Development, this sale not only marks the highest price ever fetched in the district, but also highlights the unique appeal of what Firas Al Msaddi, CEO of fäm Group, calls the "downtown villas of Dubai." This remarkable community offers the closest freehold villas to iconic Dubai landmarks such as the Burj Khalifa, Dubai Mall, Jumeirah, Al Wasl Canal, Sheikh
ZāZEN Properties; Dubai’s Off-Plan Market Will Continue To Flourish With Record Surge In 2024
ZāZEN Properties, a leading homegrown sustainable property developer in the UAE, highlights that Dubai’s real estate market is poised for a strong surge in 2024, particularly in the off-plan segment. The first quarter of 2024 has already shown significant growth, with off-plan sales representing 63% of all transactions. During these three months, overall transaction volumes reached an all-time high of 35,100 units, up 35% from the previous quarter. Moreover, 83% of all transactions from January to April were for apartments, while the remainder were attributed to villas. Madhav Dhar, COO and founding member of ZāZEN Properties, commented: ‘The UAE’s residential market
Nakheel Awards Contracts For The Commencement Of Infrastructure Works On Palm Jebel Ali
Nakheel, the Dubai-based world-leading master developer and member of Dubai Holding, has awarded contracts for the construction of infrastructure at Palm Jebel Ali. The contract for the construction of a public access road, providing access from Sheikh Zayed Road to Palm Jebel Ali, and a construction road serving the central portion of the Palm, has been awarded to DBB Contracting LLC. Established by the Dutco Group, DBB Contracting LLC and Dutco Construction Co. LLC are one of the leading civil and marine contractors in the UAE. When completed, the new public access road will offer a beautifully landscaped and convenient path,
US$ 4.4bn Of Private Capital Globally Is Set To Be Invested In Dubai’s Residential Property Market
High-net-worth-individuals (HNWI’s) around the world are prepared to spend US$4.4 billion on residential real estate in Dubai, according to global property consultancy, Knight Frank’s second annual 2024 Destination Dubai report. Knight Frank has surveyed 317 HNWI – 217 around the world and 100 GCC-based HNWI expats – to gain an understanding of their attitudes, appetite and aspirations when it comes to investing in real estate in Dubai. Collectively, the HNWI respondents have a net-worth of US$5.4 billion and own 1,147 homes around the world between them. Dubai has taken pole position as the most preferred emirate in the UAE for HNWI’s globally to purchase
Emaar Properties Celebrates The Grand Unveiling Of The Heights Country Club & Wellness
Emaar Properties launched its latest masterpiece development, "The Heights Country Club & Wellness," with a grand event on May 20th at the Armani Dubai Hotel ballroom. A gathering of VIP guests, investors, and key stakeholders, the event heralded a new chapter in Dubai's luxury wellness living. The Heights Country Club & Wellness, which spans 81 million square feet and has a development value of AED 55 billion, is strategically designed to foster an environment of health and well-being, perfectly aligning with Dubai's leadership’s vision to enhance the quality of life and promote well-being across the emirate. Combining wellness and convenience, the development
EDGNEX Data Centres By DAMAC Announces A 15 MW Data Centre Investment In Indonesia
EDGNEX Data Centres by DAMAC, a global digital infrastructure provider owned by the DAMAC Group, has announced investments into the Indonesian market with a state-of-the-art data centre to be built in Jakarta. With the first phase scheduled for completion in the fourth quarter of 2025, the announcement is a significant step in the company’s strategic efforts to support digital economies and the vibrant start-up ecosystem in Southeast Asia’s (SEA) fastest-growing economies. EDGNEX is providing a foundation for innovation and disrupting the data centre market by providing advanced technology to cater to increased demand from Cloud Service Providers (CSP) and Artificial Intelligence
DAMAC Launches Phase Two Of LAGOON Views After Record Phase One Sales
DAMAC Properties, the leading luxury real estate developer in the UAE, has announced the successful launch of Phase Two of LAGOON Views within the vibrant and strategically-located DAMAC LAGOONS development. Following a record sell-out of phase one, the latest release aims to cater to the growing demand for comfortable and modern living in a serene waterfront setting. Phase Two introduces 600 Mediterranean-inspired one and two-bedroom apartments spread across nine buildings nestled in DAMAC LAGOONS. The interiors of these residences are designed with neutral colour schemes, enhancing the sense of understated luxury and creating a calming atmosphere. Large balconies extend the living