PRYPCO Blocks Completes Funding For The First Property On Its Platform!
PRYPCO Blocks, the Dubai-based real estate fractional ownership platform, has marked a historic milestone by successfully funding its first property located in Bellevue Towers, Downtown Dubai. The successful funding of Bellevue Towers, located in Downtown Dubai, underscores the remarkable confidence investors have placed in both the innovative concept of PRYPCO Blocks and the Dubai real estate market. A total of 209 investors from over 40 nationalities have so far invested in the property, with an average investment of AED 6,220. Founded by Amira Sajwani, PRYPCO Blocks has made Dubai’s lucrative real estate market accessible to all. The platform divides an entire property
Over 30,000 Residential Units To Be Delivered In The UAE By The End Of The Year: JLL
The introduction of innovative product offerings, attractive payment options and recent updates to the Golden Visa requirements continue to drive investor demand within the country’s residential market, according to JLL’s UAE Real Estate Market Overview for Q1 2024. The residential market in Dubai experienced a strong start to the new year, with approximately 10,000 units completed throughout the first quarter, raising the total stock to 729,000 units. Over the remaining 9 months, an additional 25,000 units are scheduled for delivery in the emirate, primarily consisting of apartments located in prominent areas such as MBR City, Business Bay, Jumeirah Village and Dubai
Introducing Lucky Oasis Residence By Lucky Aeon Real Estate Development – A New Off-plan Luxury Apartment Project In Jumeirah Village Circle
Lucky Oasis Residence in Jumeirah Village Circle (JVC), the Third development from Lucky Aeon Real Estate Development, has launched, bringing investors an exciting opportunity to own an apartment in one of the most central locations in Dubai, in a block which is bursting with state-of-the-art amenities. The perfect place for families, couples, and individuals alike, Lucky Oasis Residence has unparalleled facilities, offering a diverse range of recreational activities and amenities tailored to enhance the lifestyles of all its residents, from children to seniors. Outstanding Amenities Designed to cater to everyone’s needs, Lucky Oasis Residence provides a multitude of facilities and services within the complex
UAE-Founded DAMAC International Announces Aggressive APAC Expansion Plan With Latest Office Openings In Singapore And Beijing
UAE-founded real estate developer with global aspirations, DAMAC International, has announced brand-new office openings in Beijing and Singapore. With its sights firmly set on global expansion, the office openings signal the brand’s push and significant investment and commitment to APAC. As UAE’s largest private real estate developer with headquarters in Dubai since 1982, DAMAC has grown exponentially to an impressive diverse portfolio, including luxury real estate developments, hospitality experiences, data centres, retail, fashion, and capital markets. In December 2023, DAMAC announced plans to enter the Chinese market with its entry into Shanghai, capitalising on the growing demand for the UAE
Devmark And Condor Developers Unveil Sonate Residences A Tranquil Haven In Jumeirah Village Triangle
Devmark, the UAE's leading real estate project sales and marketing consultancy, proudly announces its third project with Condor Developers, a real estate development firm operating in the Middle East and Asia, as they unveil Sonate Residences in Jumeirah Village Triangle (JVT). Devmark has been selected once again as the Master Agency for this exceptional residential project, poised to redefine modern living in Dubai's real estate landscape. As the importance of health and wellness gains prominence, particularly in light of recent global events like the pandemic, Sonate Residences emerges as a beacon of sophistication and holistic well-being. Standing tall at 27 floors,
Azizi Developments’ Amber In Al Furjan Reaches 90% Construction Milestone
Azizi Developments, a leading private developer in the UAE, has announced the 90% construction completion of Amber, its premium condominium project in Dubai’s highly acclaimed growth corridor, Al Furjan. Comprising a mix of studios, and one, two and three-bedroom residences, Amber is due for completion in Q2 2024. Amber’s structure, blockwork, and internal plaster are now fully finished, with MEP and HVAC at 90% and 95%, and tiling works at 92%. The swimming pool, façade, and elevator works are at 35%, 80%, and 95%, respectively, while the overall finishes are 84%complete. The total workforce has been increased to 480. In his comments,
Setting Sail On The World Stage Lh1 Global Showcase Iconic Luxury Development At Exclusive Event In Dubai
Leading International Property Consultancy LH1 Global has introduced The Sail, a spectacular flagship development, with a GDV of approximately AED5.5 billion, delivered by the award-winning real estate developer, Sheng Tai International, to the world at an exclusive event in Dubai. Hosted by LH1 Global founders Ben and Rayna Hunter and Sheng Tai International Directors for The Sail, John Tan and Stephanie Teow, over 150 guests were present to witness the global reveal of a prime collection of apartments, penthouses and suites. A mixture of agents, investors and press were in attendance, with international sales now live. Moving forward LH1 Global will
PNC Menon Becomes Richest Omani Citizen As Per Forbes Global Ranking
PNC Menon, Founder and Chairman of Sobha Group and an eminent real estate tycoon, climbs up in Forbes Global Ranking and becomes the richest Omani Citizen in the list. The achievement further highlights his position as a visionary leader and industry trailblazer in the Middle East, as well as marks a milestone in the country's thriving real estate market. Under the visionary leadership of PNC Menon, Sobha Realty has gained a distinguished position in the luxury property market across the region by setting new standards of quality and craftsmanship. The achievement is a testament to his long-standing expertise and commitment, which serves
Cinco De Mayo Brunch At Chalco’s Cantina
Chalco's Cantina will be hosting a special Cinco De Mayo night brunch on May 4th from 7-11pm. Enjoy a true Mexican fiesta with authentic Mexican specialties including quesadillas, Traditional Pozole Rojo, Enchiladas, Tostadas and unlimited drinks including house beverages, Margaritas and selected shots. A memorable celebration awaits in a festive atmosphere with live entertainment and DJ Edikson spinning the hottest Latino beats. Price: AED 299. Chalco's Cantina - Marina Gate 2, Level M, Marina Walk, @chalcoscantina ( 052 112 8923) Chalco's Cantina is more than a restaurant, it's a lifestyle experience taking you right into the heart of Mexico with REAL Mexican cuisine, exciting cocktails, and
Azizi Developments, Arup Partner For Azizi Opera In Venice
Azizi Developments, a leading private developer in the UAE, has announced its partnership with UK-based engineering firm Arup for the spatial planning of Azizi’s Opera, the crown jewel of its approximately AED 30 billion mixed-use development, Azizi Venice, located in Dubai South. Founded in 1946 in London, Arup specializes in a wide range of disciplines, including structural and civil engineering, environmental advisory, and lighting design. With a dedication to excellence and collaboration, Arup has played a pivotal role in shaping some of the most iconic construction projects worldwide, executing holistic solutions that responsibly prioritize efficiency and functionality. Mr. Farhad Azizi, Chief Executive