Samana Developers, one of the leading developers in Dubai, on Thursday made its debut in waterfront properties with the launch of two new projects worth Dh660 million ($179.69 million). Samana Ocean Pearl 1 and Samana Ocean Pearl 2 on Dubai Islands were sold out in just two hours, it said. Meanwhile, Samana Developers revealed it has purchased more plots on Dubai Islands and planned to unveil new projects in coming days to meet the demand. Set against the backdrop of the Arabian Gulf, Samana Ocean Pearl projects on Dubai Islands introduce a new set of waterfront living. Both projects, spanning 237,913.2 sq ft each, are thoughtfully designed and feature a selection of one-, two, three-bedroom apartments and four-bedroom penthouses. Each unit offers residents a private pool. Nakheel, the…

IMAN Developers, a leading Dubai-based luxury residential developer, has onboarded Versace Ceramics for One Sky Park, a landmark mixed-use development in Jumeirah Village Circle (JVC), using exclusive Versace Ceramics tiles in the community. With a total value of AED800 million ($217 million), One Sky Park will feature Versace Ceramics in apartments, lobby and common areas, elevating urban living by seamlessly blending fashion-forward design with luxury and functionality, a statement said. One Sky Park, featured by Versace Ceramic will be a distinctive addition to IMAN Developers' portfolio, offering a unique lifestyle centred around style and sophistication. The development comprises two iconic towers — Tower A and B with 26 and 37 floors respectively —each featuring a…

Dubai-based property brand Binghatti announces the launch of Binghatti Royale in Jumeirah Village Circle (JVC). The launch comes in response to the soaring demand for Binghatti projects in the area following the rapid sell-out of back-to-back projects, some recording sell-out periods as quick as 24 hours.   Binghatti Royale is features a unique circular architectural identity. The building features 354 residential units ranging from one to three-bedroom apartments and 16 retail spaces across 47 floors.   “We are thrilled to announce the launch of Binghatti Royale in Jumeirah Village Circle. The rapid sell-out of our recent projects highlights the market’s substantial demand for our projects in the area and we are pleased to introduce our latest creation to meet…

ABU DHABI - Bloom Holding, one of the UAE’s leading real estate development companies, has announced the commencement of the handover process for units in Cordoba, the first phase of Bloom Living, a fully integrated community in Abu Dhabi. The handover process started ahead of its scheduled delivery date of December 2024, offering 257 spacious residential units, including three- to six-bedroom detached villas and two- to three-bedroom townhouses with modern finishings and facilities. This phase's remarkable completion follows its successful launch in March 2022, where all units sold out within four hours of release. Carlos Wakim, CEO of Bloom Holding, said, “Delivering Cordoba earlier than anticipated demonstrates our commitment to excellence and our ability to exceed our…

Burj Azizi, the planned skyscraper by Azizi Developments on Dubai’s Sheikh Zayed Road will reach a height of 725 m, making it the world’s second tallest tower when built, according to the developer. The 131+ storey skyscraper will launch for sales in February 2025, and is scheduled for completion by 2028. It will feature a unique all-suite seven-star hotel inspired by seven cultural themes, alongside residences that include penthouses, apartments, and holiday homes. Burj Azizi will also offer a range of amenities, such as wellness centres, swimming pools, saunas, cinemas, gyms, mini markets, resident lounges, a children’s play area, and more. Moreover, the tower, which will be the only freehold property on Sheikh Zayed Road, will include a vertical retail centre…

Aldar Properties today announced the launch of Yas Riva, a villa community on Yas Island, offering both canal-front and canal-accessible homes designed for relaxation in a waterfront setting. Yas Riva provides a unique lifestyle with direct canal access, making it one of the few residential developments in Abu Dhabi with this feature. Each canal-front home will have a private dock, allowing residents to explore the surrounding waterways by boat. The canal-front villas feature a design that complements the surrounding landscape, reflecting the movement of water. The villas further inland have contemporary architecture with views of landscaped gardens and parks. These villas also have access to the canal front via dedicated walkways. The design is minimalist, providing a backdrop for the…

UAE -  SOL Properties, a leading UAE developer, said it has begun construction of the premium residential ‘Fairmont Residences Solara Tower Dubai’, further elevating the regional real estate landscape by implementing stringent green building principles and advanced energy-efficient technologies. Fairmont Residences Solara Tower Dubai will bring a new level of luxury, experiences and authentic service to the vibrant city of Dubai under Fairmont Hotels & Resorts, a globally leading luxury hotel brand within the Accor group, the developer said. Fairmont will guide the project’s design, ensuring it embodies the brand’s commitment to providing homeowners with exclusive privileges. Residents will enjoy unique access to integrated services and luxurious…

- Azizi Developments, a leading private developer in the UAE, has announced its partnership with Larsen & Toubro, a multinational conglomerate, for the supply of top-tier MEP isolators across various projects in Dubai.       The projects cover those in Dubai South, MBR City, Dubai Studio City, Al Furjan, Dubai Sports City, and Dubai Healthcare City, including Azizi Venice, Riviera, Azizi Vista, Azizi Central, Azizi Grand, and Creek Views III.   Larsen & Toubro (L&T) is a global powerhouse in engineering, construction, manufacturing, technology, and financial services.   Tizian H G Raab, Head of PR & Communications at Azizi Developments, said: “Partnering with Larsen & Toubro reflects our unwavering commitment to delivering…

UAE-based Ayana Holding, a network of companies renowned for its expertise in construction, architectural design, infrastructure and real estate sales, has set up a new entity, Amaal, that aims to reshape urban living in UAE.   An innovative real estate developer, Amaal said it will tap into an extensive network of global resources and expertise, transcending borders, boundaries, and benchmarks in real estate. By seamlessly blending sophisticated design with modern convenience, Amaal is set to revolutionise the real estate landscape, delivering residential masterpieces that cater to the evolving demands for an elevated living experience, said the statement from Ayana Holding. At the helm of this ambitious initiative is Abdulla Lahej, Chairman of Amaal and Founding Partner of…

UAE - Taraf, the real estate division of UAE-based investment group Yas Holding, has signed up TMF Euro Foundation as the enabling works contractor for Cello Residences, a set of premium residences located in the heart of Jumeirah Village Circle (JVC).   A key project, Cello will usher in a new era of refined living to one of Dubai’s most vibrant and well-established areas. The residences will feature distinctive architecture and serene interiors, offering a seamless integration of work, living, and leisure. From open studios to spacious one-to-three-bedroom apartments and four-bedroom penthouses, CELLO will epitomize contemporary living. Taraf's signature attention to detail and comfort will ensure each property strikes a perfect balance between functionality and ambiance,…

DUBAI: Arada has announced its first expansion outside its home UAE market with the launch of operations in Australia. The Dubai-based master developer has set up a new office in the Sydney suburb of Pyrmont, and is already planning multiple projects in Australia’s most populous city. Valued at AED6 billion, Arada’s extended pipeline of projects will aim to contribute towards urban renewal required to address the current housing shortage in Sydney. Adding over 2,500 homes to the Sydney housing market, sales and construction for Arada’s initial projects will begin in 2025. With significant land holdings, the sites will deliver extensive commercial and retail components, providing significant employment opportunities in the local community. Since its inception, Arada has…

ENBD REIT has sold two Dubai residential towers as part of a turnaround strategy which it said is for growth and portfolio optimisation. The Al Ramth towers in Remraam on the outskirts of Dubai, were sold for an undisclosed sum, with proceeds deployed to reduce debt with loan to value down to 49.4% from 51%, the real estate investment trust said.   The two Remraam residential towers, Al Ramth 57 and 59, are located in Dubailand and offer a total of 105 units with a net leasable area of 112,154 square feet.   A bourse filing said the decision to divest is in line with the REIT’s turnaround strategy and proactive asset management.   The units were acquired in September 2015 and represent 4% of the REIT’s portfolio value.   ENBD REIT, managed by…