The Astera, Interiors by Aston Martin’ proudly unveiled, an exquisite new beachfront development on Al Marjan Island, Ras Al Khaimah Aston Martin to design ultra-luxury interiors for the stunning property, marking its first real estate collaboration in the Middle East Project to be delivered by leading international developer Dar Global, as part of new partnership with British carmarker 4 June 2024, Dubai: Dar Global, the London-listed luxury international real estate developer today unveils ‘The Astera, Interiors by Aston Martin’¸ an exquisite new beachfront residential development bringing Aston Martin’s renown for ultra-luxury interior design to the highly desirable Al Marjan islands in Ras Al Khaimah, United Arab Emirates. With a total Gross…

Colife, a UAE-based smart-rental startup that operates as a full-cycle property management company, started the expansion into the Asian market, beginning with Hong Kong in May 2024. From the start Colife has been revolutionizing the rental market, providing seamless solutions for purchasing, managing, and renting properties in Dubai since 2022 and in Istanbul since 2023. Now, the firm has set its sights on expanding further into the Mena and Asia regions. These markets represent significant untapped potential for Colife's growth. By 2028, the group plans to establish a presence in 10 major cities, leveraging our innovative approach to redefine urban living and investment opportunities, said a statement from Colife. The launch was accomplished by a core team of three employees: a…

Since its rebranding in November last year, Tabeer Developments, has rapidly drawn out expansion plans. The company has allocated Dh1 billion in inventory to be launched in 2024.   Last week, the developer launched its new residential project Parkside Boulevard, an addition to Tabeer’s affordable luxury portfolio of upscale residential developments. The leadership team has recently broken ground for Parkside Boulevard which is coming up in Arjan in Q4 2026 and will be perfectly suited for family living.       Founded in 2014, Tabeer Developments today has a real estate portfolio that spans across thriving community areas like International City, Dubai Sports City, Arjan, JVC.   “We are in a new chapter in our real estate journey and immensely…

UAE-based Acube Developments has announced the launch of Electra, a 38-floor residential tower in Jumeirah Village Circle (JVC), Dubai, which offers residents more than 50 amenities.     Inspired by the blue-white star in the constellation of Taurus, Electra will offer 278 luxurious apartments with a mix of studios, one- to three-bedroom units, all equipped with Bosch appliances and Roca sanitary ware with impeccable finishings and a beautifully crafted Italian kitchen.   Unveiling the project, Acube Developments said construction is set to begin in Q2 2024 and handover likely in Q2 2027.   All units are installed with the latest smart home solutions and come fully furnished with 3 furniture design options to choose from. The two-bedroom apartments will offer…

Three developers in Dubai have been fined Dh500,000 each for promoting and marketing real estate projects without completing the mandatory registration procedures for off-plan projects.   The Dubai Land Department (DLD) did not name the developers, but said they had violated a law on real estate development escrow accounts.   A real estate escrow account is designated for a real estate project where the funds collected from buyers of off-plan units are deposited. This account aims to regulate the construction process of the units sold, ensuring the protection of investor rights.   Ali Abdullah Al Ali, director of the Real Estate Control Department, urged investors to verify that off-plan projects are licensed and registered with an escrow account. They can check this…

  Leading developer Wasl has announced the successful launch of its luxurious One B Tower, a 48-storey building in Dubai featuring a mix of one-, to five-bedroom apartments as well as duplexes, a penthouse and a range of premium amenities. This come as part of Dubai's One Billion Meals Endowment campaign.   Following its unveiling this week, Wasl said the project received an overwhelming response from the investors and all units within the first two phases got fully sold out. Now the developer has released Phase 3 to meet the increasing demand.   A luxury skyscraper, One B Tower boasts a striking design – including a podium with an elevated ceiling and towering column structures.   It also has state-of-the-art training equipment, gym areas and yoga spaces,…

Andalusia Group Real Estate Investment and Development, spearheaded by CEO and Founder, Saleh Tabakh, is thrilled to announce the successful acquisition of a new plot in Majan, setting the stage for the launch of a high-end Parisian-inspired residential building. This strategic move marks the Group's fifth project since its inception in 2019, demonstrating a steadfast expansion of its real-estate portfolio in Dubai, which includes a diverse array of shopping malls, townhouse projects, and residential buildings.   Saleh Tabakh expresses his enthusiasm and confidence in Majan as a burgeoning area of potential, highlighting the recent surge in interest from top developers, spurred by significant improvements in infrastructure. "We believe in Majan as one of the high-potential areas…

Imdaad-Misr, a regional subsidiary of the Dubai-based group of integrated Facilities Management (FM) companies, has entered into a new service agreement with Gates Developments, a top real estate developer in Egypt. The partnership aims to provide Gates Developments' ongoing projects in the New Administrative Capital and West Cairo with comprehensive facilities management services that meet the highest international standards. This agreement aligns with Gates Development’s strategy to engage leading operational companies and enhance the quality and performance of its future projects. The agreement was signed by Mr. Mahmood Rasheed, Chief Operating Officer of Imdaad, Eng. Osama Osman, General Manager of Imdaad Misr, and Mr. Hassan Nasr, CEO of Gates Developments, during a ceremony…

Dubai’s real estate development and management leader, Wasl announces the launch and development of One B Tower – a new luxury high-rise situated in a prime location overlooking the picturesque Dubai Water Canal in Business Bay. The sale of residential units is set to take place on the 28th and 29th of May.   Located strategically on Sheikh Zayed Road, One B Tower is due to be completed by Q2 2028. The project strikes a balance between luxurious modern living and nature’s beauty.   The 48-storey tower comprises one-, two-, three-, four- and five-bedroom apartments, as well as two-, three- and four-bedroom duplexes, and a penthouse.   Plans for the luxurious tower were initially revealed in March to His Highness Sheikh Mohammed bin Rashid Al Maktoum,…

Private luxury property developer Omniyat Thursday said it sold a penthouse for Dh139 million ($37.8 million) in Burj Khalifa district, making it the most expensive property in the area.   The four-bedroom penthouse at the newly opened The Lana Residences, Dorchester Collection, spans over 16,594 sqft, overlooking the Marasi Marina between the Burj Khalifa District and the Dubai Design District.   Dubai’s luxury and branded market has seen massive growth over the last three years, driven by high-net-worth individuals flocking to the city.   According to Knight Frank’s latest report, 56 properties with a value of over $25 million were sold in Dubai last year while 12 properties worth $25 million were sold in the first quarter of this year.   Dubai…

Dubai-based property brand Binghatti launches its latest project, One by Binghatti. The exclusive reveal will take place on 27th May 2024 at the Bvlgari Yacht Club in Jumeirah Beach.   The project’s design concept is inspired by the harmonious integration of diverse elements, culminated in a unified façade that captivates senses. The mega waterfront development is located in Dubai’s Business Bay district with seamless access to Down-town, offering boundless views of the world-famous Burj Khalifa and the Dubai Water Canal.   One by Binghatti manifests a unique metropolitan experience, located near Binghatti’s collection of ultra-premium branded residences, including Bugatti Residences by Binghatti, Mercedes Benz Places | Binghatti, and Burj Binghatti…

Eagle Hills announces the launch of its new project "Riga Waterfront," which aims to develop the waterfront on the Daugava River in Riga, the capital of Latvia. The project extends for five kilometers in a strategic location at the intersection of Riga's world heritage historic center, which is recognized by UNESCO, and the charming Art Nouveau district. It has been designed to match a modern lifestyle and contribute to transforming the city's living experience.   Riga is located on the shores of the Baltic Sea and is embraced by the majestic Daugava River. It is a city that UNESCO has designated as a World Heritage Site, undergoing a planned development that integrates the city's rich historical fabric with a new, comfortable modern lifestyle.   Mohamed Al Abbar, The…