Emaar Announces Ground Breaking AED 96-Billion Exclusive Lifestyle Destinations
Emaar Properties, a global property developer synonymous with pioneering architectural landmarks, today announces the launch of two new major projects, The Heights Country Club in Dubai, and Grand Club Resort next to The Oasis. Building on the company’s impressive track record of shaping lifestyles and creating world-class integrated destinations, the new ventures not only demonstrate Emaar’s vision to create the highest standards of high-end living experiences, but also strategically positions the company to launch a substantial number of villas and townhouses, which are expected to boost sales and profitability. The first majestic development, sprawling across 81 million square feet and valued
Ultimate Guide To Being A UAE Resident: 16 Things You Need To Know Before You Move
The UAE is a sunny, luxurious, tax-free haven — and especially so for expats, with more than 100,000 expats moving to the country in 2023 alone. If you are among those planning to make the move, Khaleej Times has put together a little 'cheat sheet', if you will, to help you manage expectations, settle down a bit more easily in the country and feel at home from Day 1. From small nuggets of information you should definitely know to things to steer clear of, here's a list of all you need to know when you start living in the emirates. 1. You can get anything
Azizi Developments’ Pearl Reaches 95% Construction Milestone
Azizi Developments, a leading private developer in the UAE, has announced that Pearl, its recently launched development in Dubai’s growth corridor, Al Furjan, is now 95% complete, with its completion on schedule for Q1 2024. Pearl’s structure, blockwork, internal plaster, tiling work, HVAC, swimming pool, façade and elevator installations are all 100% complete. Moreover, MEP is 98.5% complete, external works are at 78%, and final finishes at 98%. Mr. Farhad Azizi, CEO of Azizi Developments, said: “We’re excited about the rapid progress at Pearl with it being on time for its Q1 2024 completion. Its strategic location, impeccable architectural design, flawless construction,
Mideast Stocks: Major Gulf Markets Fall In Early Trade
Major stock markets in the Gulf dropped in early trade on Thursday as minutes from the U.S. Federal Reserve's last policy meeting cemented bets the central bank will not cut interest rates soon. The bulk of Fed policymakers at the January meeting were concerned about the risks of cutting rates too soon, with broad uncertainty about how long borrowing costs should remain at their current level, minutes released on Wednesday showed. Most Gulf currencies are pegged to the dollar and any monetary policy change in the United States is usually mimicked by Qatar, the United Arab Emirates and Saudi Arabia. The Qatari benchmark
The Oasis By Emaar Unveils Spectacular Expansion
Emaar Properties is thrilled to announce a significant expansion of its flagship residential development, The Oasis by Emaar, underlining its commitment to setting new benchmarks in luxury living. This prestigious project in Dubai now boasts a 108% increase in its lush landscapes, elevating the total development value from AED 34 billion to an astounding AED 73 billion. The Oasis by Emaar, originally launched as one of Dubai's largest and most distinguished developments, established a new standard in upscale living with exceptional architectural design and interiors by renowned global talents. Commenting on this ambitious project, Mohamed Alabbar, founder of Emaar Properties, said: “With
DAMAC’s Luxury Resort In The Maldives Avancing Smoothly
DAMAC Group has announced that the construction of its Mandarin Oriental Bolidhuffaru Reef Resort is advancing steadily under development in the Maldives. The 120-key project has made significant strides in its development, with the completion of the one-bedroom beach villa category structure. Concurrently, construction activities for the structure of the two-bedroom beach units and the back of the house are currently in progress. Moreover, the project is advancing with the construction of over 60 over-the-water villas and the development of the north and south jetties. The commencement of works for three and four-bedroom units, along with the initiation of ground preparation for
SEE Holding recognized for excellence in sustainable residential development at International Property Awards 2024
SEE Holding, the region’s leading sustainably focused global holding group and the visionary force behind The Sustainable City, has been honored with prestigious accolades at the International Property Awards 2024 in London today. The company received awards in two distinct categories: "Best Sustainable Residential Development" for The Sustainable City and "Best Public Service Development" for Sanad Village, underscoring its exceptional contributions to establish sustainable development in the region. Pioneered by the SEE Holding group, The Sustainable City in Dubai is designed around the three pillars of sustainability: social, environmental, and economic. The city is achieving remarkable results with a 78% lower carbon footprint
The Oasis By Emaar Unveils Spectacular Expansion
Emaar Properties is thrilled to announce a significant expansion of its flagship residential development, The Oasis by Emaar, underlining its commitment to setting new benchmarks in luxury living. This prestigious project in Dubai now boasts a 108% increase in its lush landscapes, elevating the total development value from AED 34 billion to an astounding AED 73 billion. The Oasis by Emaar, originally launched as one of Dubai’s largest and most distinguished developments, established a new standard in upscale living with exceptional architectural design and interiors by renowned global talents. Commenting on this ambitious project, Mohamed Alabbar, founder of Emaar Properties, said: “With
DAMAC’s Luxury Resort In The Maldives Advancing Smoothly
DAMAC Group has announced that the construction of its Mandarin Oriental Bolidhuffaru Reef Resort is advancing steadily under development in the Maldives. The 120-key project has made significant strides in its development, with the completion of the one-bedroom beach villa category structure. Concurrently, construction activities for the structure of the two-bedroom beach units and the back of the house are currently in progress. Moreover, the project is advancing with the construction of over 60 over-the-water villas and the development of the north and south jetties. The commencement of works for three and four-bedroom units, along with the initiation of ground preparation for
Accor Launches Mercure Dubai Deira In Dubai
Mercure, part of Accor, a world-leading hospitality group, has expanded its portfolio in the Middle East region with the opening of the Mercure Dubai Deira where, it says, guests can experience the rich local heritage, tapestry of culture, and flavours of Dubai. Set in the heart of Deira, the hotel is conveniently located 15 minutes from Dubai International Airport. The property is located by the Gold Souk Metro station and Dubai Bus station allowing easy travel, while also being surrounded by the Deira Waterfront Market, Dubai Creek, the bustling Gold and Spice Souk and heritage museums. The hotel offers a variety of room