Mag launches villa plots for sale at its Dh3b Keturah Reserve
MAG has announced the launch of 90 villa plots for sale at its Keturah Reserve, the Dh3 billion luxury residential development in Mohammed Bin Rashid City, District 7 in Meydan, which offers transformational living through the design of space. The plots, which range from 480-1,080 square metres, will enable buyers to develop their own villas in line with the overall Keturah Reserve master development, scheduled to be completed by second quarter of 2025. Keturah Reserve will feature 93 townhouses, 90 villas, 540 units across six apartment block buildings, and eight penthouse apartments. The project is the first residential development in the Middle
Deyaar launches iconic luxury seafront residential tower Mar Casa at a value of AED 1.1 billion
Deyaar Development PJSC, one of Dubai’s leading property developers and real estate service providers, has launched its signature seafront project Mar Casa with a total value of AED 1.1 billion, redefining the region’s urban life and reinventing the boundaries of conventional luxury. A residential destination at Dubai Maritime City where heritage meets modernity, Mar Casa is perfectly connected to the old city as well as the financial centre of Dubai and the beautiful Jumeirah area. Dubai Downtown, with its landmarks Dubai Mall and Burj Khalifa, is only ten minutes’ drive away. Mar Casa presents iconic architecture that seamlessly blends the beauty of
Deyaar appoints the main contractor for construction works in Tria project
Work on the Tria project has already been initiated and is set for completion in 2025 as scheduled, with a total cost of AED 515 million Deyaar Development PJSC, one of Dubai’s leading property developers and real estate service providers, has announced the appointment of the main contractor for the Tria project, a unique luxury residential tower in Dubai Silicon Oasis (DSO). The latest addition to Deyaar’s luxury project portfolio, Tria is a 32-storey integrated residential project at the heart of DSO, a free zone technology park which is also a member of the Dubai Integrated Economic Zones Authority (DIEZ). Work on
MAG Of Life Signs Deal To Bring The Ritz-Carlton Residences, Dubai, Creekside To The United Arab Emirates
MAG of Life, the wellness real estate division of MAG Group, signed a deal with Marriott International to launch The Ritz-Carlton Residences, Dubai, Creekside. The new development is part of KETURAH, a luxury wellness development that embodies the highest standards of wellness and luxury experiences, providing residents and visitors a unique, healthier environment and uplifting the level of inspired living. The Ritz-Carlton Residences, Dubai, Creekside will integrate Delos’ world-leading, evidence-based wellness innovations, helping provide a healthier environment to homeowners and creating an immersive wellness luxury lifestyle in Dubai. It will also feature a private members club; an immersive, holistic wellness
Sobha Realty Records 60 Percent of Overseas Resident Investors in the UAE
Sobha Realty, one of the UAE’s most trusted real estate developers, has reported a steady increase in investments from foreign investors, recording nearly 60 percent of foreign national investors residing overseas, for its projects in the UAE. Findings indicate that Indian, Russian, Chinese, and Emirati nationals constitute the top four investors in Sobha Realty, followed by Saudi, British, and Nigerian nationals. The real estate sector in the UAE is currently witnessing a rise in demand for prime properties, from both foreign and resident investors. Moreover, Sobha Realty anticipates the market to continue its upward trajectory with more foreign investors entering the
Deyaar to Handover Iconic Midtown Community with Completion of Mesk & Noor Residential Districts
Deyaar Development PJSC (“Deyaar”), one of Dubai’s leading property developers and real estate service providers, today announced plans to handover the Mesk and Noor Residential Districts – the Phase 3 and 4 of its award-winning Midtown master development in Dubai. The Mesk and Noor Districts comprise over 900 residential units, including studio, one-, two- and three-bedroom apartments. The Mesk District handover will commence on February 14, 2023, ahead of its scheduled handover timeline, and move-in for residents will be permitted effective mid-February. The Noor District will be handed over as per schedule by the end of June 2023. With this, Deyaar will
Dubai’s Annual Real Estate Transactions Cross AED500bn In 2022
Dubai's annual real estate transactions have crossed the milestone of half a trillion dirhams for the first time in 2022, as the sector witnessed transactions worth a record AED528 billion in 2022, a 76.5 percent increase from 2021. H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, said, "The exceptional performance of the real estate sector reflects the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, to make Dubai one of the world’s top three cities. The results also support the
Dubai developer MAG prices latest Ritz-Carlton Residences at Dh200 million each
Developers in Dubai are not wasting any time in offering more super-luxury homes to investors – MAG has just released four of them each at a whopping Dh200 million. They are part of the 12 mansions making up The Ritz-Carlton Residences on the Dubai Creekside. The latest four homes span up to 48,000 square feet of built-up area, with underground parking for up to eight vehicles. Each home also has a private mooring for up to 120-foot yachts. The first eight mansions had a price tag of Dh177 million apiece. “We are thrilled with the response to our launches of the Earth
Dubai to build world’s tallest residential skyscraper
Binghatti on 16 November 2022 announced a project to develop the world’s tallest residential structure in Dubai — Burj Binghatti Jacob & Co Residences. The UAE developer, which has an investment portfolio exceeding Dh7 billion, said it is going to introduce a new era in uber-luxury living by launching ultra-luxury Dubai skyscraper in cooperation with Jacob & Co. However, no time-frame is given to complete the project. “This unparalleled skyscraper aims to set a record as one of the tallest residential constructions in the world,” according to a Binghatti statement. In a great leap upwards, the property developer said ultra-luxury skyscraper will stand
Cayan announces that AlJawhara project in Riyadh won a prestigious award in the category “Mixed-use development in the Kingdom of Saudi Arabia” at the African and Arabian Property Awards 2022
AlJawhara by Cayan, one of the largest private projects under construction in Riyadh, won an award in the “Mixed-Use Development in Saudi Arabia” category at the “African and Arabian Property Awards” 2022. AlJawhara won this award in its category According to the standards of devotion to the finest construction practices, the highest levels of safety, and excellence in terms of services and facilities. The African and Arabian Property Awards is the largest company to issue annual awards dedicated to the real estate development sector in the Middle East, after competing against the best real estate professionals across the African and Arabian