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  • Dr. Khalifa Saif Almuheirbi wins Best Man in Real Estate Award at the 2023 Go Global Awards.

    Dr. Khalifa Saif Almuheirbi wins Best Man in Real Estate Award at the 2023 Go Global Awards.

    Emirati Entrepreneur Dr. Khalifa Saif Almuheirbi triumphs with Best Man in Real Estate Award at the 2023 Go Global Awards in Rhode Island, USA

     

    Abu Dhabi:(News Desk):An Emirati entrepreneur Dr. Khalifa Saif Almuheirbi, Chairman of the Arabian Gulf Investment Group, has achieved a significant global milestone by securing both the Best Man in Real Estate Award and the Best Real Estate Company Award in the World for 2023.

    This accomplishment took place at the 2023 Go Global Awards ceremony held in the US state of Rhode Island. The event, organized by the Rhode Island Department of Commerce and the World Trade Council, was attended by distinguished guests, including James Jolson, US Deputy Secretary of Commerce, and Elizabeth Tanner, Rhode Island Secretary of Commerce. The ceremony brought together over 1,200 international economic and commercial figures, as well as ambassadors and representatives from various countries in the United States of America.Dr. Khalifa Saif Almuheirbi achieved the prestigious Best Man in Real Estate Award worldwide, a category introduced for the first time on the agenda of this annual global event held in one of the most significant capitals each year. During the ceremony, Gina Raimondo, US Secretary of Commerce, delivered a virtual speech, emphasizing the event’s crucial role in promoting global trade and economic activities, and discussing opportunities for economic cooperation among participating companies.

    James Goldson, Deputy Secretary of Commerce of the United States of America, also addressed the ceremony, welcoming the participating companies, praising their excellence, and highlighting his ministry’s efforts to encourage investment across various sectors. During the ceremony, Elizabeth Tanner, the Commerce Minister of the State of Rhode Island, extended a warm welcome to the attendees and presented the award to Dr. Khalifa Saif Almuheirbi.

    Expressing his pride, Dr. Khalifa Saif Almuheirbi highlighted the significance of receiving the Best Man in Real Estate Award for 2023 during the GO Global Awards ceremony. He explained that this honor marks a significant milestone in his professional career in the real estate field, which began in Abu Dhabi.

    Dr. Almuheirbi stated that the award for the Best Real Estate Company in the World for 2023, received by the Arabian Gulf Investment Company, represents the culmination of the company’s efforts in real estate investment over the past years. The company has successfully concluded real estate deals worth billions of dirhams and has expanded its presence by opening representative offices in more than 20 international capitals and cities.Almuheirbi extended his thanks and appreciation to the wise leadership of the UAE, which has provided him with unwavering support and encouragement. This support has been instrumental in his success in the real estate sector, leading to a series of achievements in his professional and practical career.

    Dr. Almuheirbi emphasized that these awards are a tribute to the United Arab Emirates, which, as a young Emirati, provided him with the capabilities and opportunities necessary for success and business expansion. These opportunities allowed him to establish the Arabian Gulf Investment Company, now recognized as one of the largest investment companies in the real estate sector—both locally and globally. The company has not only expanded its business in various international capitals but has also played a crucial role in attracting global real estate companies to invest in Abu Dhabi and the UAE as a whole.

     

  • Danube Properties launches two projects-Sportz and Eleganz-off-plan & ready-to-move-in properties

    Danube Properties launches two projects-Sportz and Eleganz-off-plan & ready-to-move-in properties

    Danube Properties launches two projects—Sportz and Eleganz—off-plan and ready-to-move-in properties

    –         Sportz will offer the highest number of Sports amenities in any residential building in the Middle East

    –         With Eleganz, Danube Properties will foray into ready-to-move-in properties that will help investors and home buyers cash in on higher returns with low initial payments while enjoying the stylish lifestyle in full

     Dubai(News Desk)::Danube Properties, the fastest-growing private real estate developer in the UAE, today announced Sportz, a stylish 39-floor tower that will deliver 1,100 apartments in Dubai Sports City, while also unveiling their first ready-to-move-in project, Eleganz, which will deliver 259 stylish and elegant apartments and townhouses at the Jumeirah Village Circle.

     Sportz is the 27th project announced by the developer since entering the real estate market in June 2014, and the 12th project to be unveiled in the last 22 months. The announcement came after completely selling out two out of three towers of the Oceanz project, announced in September this year. Sportz is Danube Properties’ 7th project so far this year.

     Dubai Fitness Month, championed by His Highness Sheikh Hamdan bin Mohammed Al Maktoum, encourages Dubai residents to prioritize their health and well-being. Fazza’s vision to create a fitness-focused community, motivating people to lead active, healthy lives, and fostering a culture of wellness and vitality in the city, is one of the key reasons for nudging Danube Properties to build a community like Sportz.Sportz by Danube sets a new benchmark in real estate projects with unrivaled sports amenities; featuring an Olympic-sized lap pool, trampoline area, table tennis, wall climbing, and a sky jogging track, it offers an unmatched recreational experience. In addition to this, Sportz will also offer mentoring and coaching as one of the amenities. This project will exemplify Danube Properties’ commitment to an active, vibrant lifestyle for the residents of Dubai.

     At Eleganz, customers can book the property by making a 40% down payment and paying the rest 1% monthly. They can start generating a guaranteed 6% ROI from the fully-furnished properties, almost instantly. This is Danube Properties’ first ready-to-move-in project to be put on the market.With these two new projects, Danube Properties’ project portfolio will stand at 14,888 units spread across 27 projects, with a combined development value exceeding Dh 15.47 billion so far. 

    “The twin launches reflect a strong commitment of Danube Properties to the UAE economy, which is one of the fastest-growing economies in the region,” Rizwan Sajan, Founder and Chairman of Danube Group, said. “Real estate is still one of the most lucrative and sustainable asset classes for investors who want to make the best use of the asset that offers a high return on investment.”

     “With Eleganz, we tested the ready-to-move-in market segment while all other projects have been on the off-line market. This reflects our ability to build and deliver projects with our financial resources and makes Danube Properties one of the most sustainable developers in this part of the world.”All Danube Properties’ homes come with a trend-setting 1 percent monthly payment plan and 40+ amenities, following the initial deposits – making home acquisition and possession more affordable and attractive.

     In addition to launching projects and building them, Danube Properties will also deliver two projects this year including Jewelz, and Olivz. Also, most of the projects launched in 2022 and 2023 are ahead of the construction and delivery schedule.“Homes at Sportz will take lifestyle to a completely new level with state-of-the-art Sports amenities like never before that will offer a luxury and larger-than-life lifestyle to homeowners who will be pampered with the best of the best that is available in the market,” Rizwan Sajan says.

     Apartments within Sportz and Eleganz will be smart and sustainable homes and will consume less energy – in line with the UAE’s commitment to sustainability ahead of COP28. Danube Properties offers an instant initial sale contract on-site and also a 10-year Golden Visa – especially for those who qualify as per the investment criteria – subject to government approval. 

    As one of the most successful developers in the UAE with the highest launch-to-delivery ratio, Danube Properties has delivered Bayz, Glamz, Starz, Resortz, Elz, Lawnz, and Wavez while it prepares to deliver two more projects this year. All these projects have been greatly appreciated by those who have bought units in them.(END)

     

     

  • Bloom Holding Launches Granada, Premium Community Living Apartments in Abu Dhabi

    Bloom Holding Launches Granada, Premium Community Living Apartments in Abu Dhabi

    Bloom Holding Launches Granada, Premium Community Living Apartments in Abu Dhabi

    The fourth phase of Bloom Living offers a luxury apartments complex that provides residents with a community living experience and exceptional amenities and services that meet their evolving needs.

    Abu Dhabi(News Desk):: Bloom Holding, one of the UAE’s foremost real estate development companies, has announced the launch of ‘Granada’, its first premium community living apartments located within the fully integrated and all-inclusive community Bloom Living in AbuDhabi.
    Inspired by the aesthetic of traditional Mediterranean homes and elevated by the comfort of modern
    living, Granada will feature superior low-rise apartment buildings centered around community living.
    The first phase of Granada encompasses a variety of residential apartment units across eight luxury
    four-story buildings.
    Granada will comprise units from spacious studios, to upscale one, two-, and three bedroom-
    apartments, each with generous living space, sweeping balconies, and access to top-class
    amenities within the community.
    Apartments at Granada will feature modern and elegant finishings with open floor plans and high
    ceilings. Each apartment is also designed to feature large windows, creating a bright and airy
    atmosphere, filled with natural light.
    Sales will commence for the apartments at Granada, with prices starting from AED 590,000 and
    attractive post-handover payment plans available. The fourth phase of Bloom Living is scheduled to
    be completed in Q4 2026.
    This premium apartment community is fully equipped to cater to all types of residents and all age
    groups, making it a true multi-generational destination. Residents have direct access to fully
    facilitated community centers consisting of fitness spaces, cafés, lounge areas, kids play areas,
    swimming pools and shaded playgrounds. The communal areas at Granada are designed to be
    welcoming with detailed façades, open gardens and spacious courtyards, creating luxurious leisure
    spaces.
    CEO of Bloom Holding, Carlos Wakim said: “It is an important milestone for Bloom Holding to
    launch the first premium low-rise community living apartment buildings within Bloom Living. We are
    deeply committed to bringing products to the market that directly address the needs of the
    community. We are seeing a specific increase in demand for larger, high-quality apartments in
    mixed-use communities that provide more than just a home, which is exactly what Granada offers.
    “Set amid distinctive Mediterranean ambience, with lush greenery and superior amenities, Granada
    offers its residents high-end community living, and provides them with a premium asset that delivers
    great value.“Granada is a lifestyle destination designed to create a true sense of community with an emphasis on indoor-outdoor living. With retail, residential and recreational spaces seamlessly integrated, we provide residents with everything they need to lead a meaningful life right at their doorstep.” He
    added.Those living within Granada can benefit from a wide range of facilities available at Bloom Living, just
    within a short walking distance. Residents can explore the beauty of nature at Bloom Living’s
    multiple uninterruptedly interconnected parks, and they can also enjoy their time at the community’s
    main Clubhouse which provides easy access to pools, sports, and recreational facilities.
    Additionally, at the heart of Bloom Living lies a Town Center, a vibrant community destination that
    offers an array of exquisite restaurants and cafés available for both residents and visitors, as well as
    a variety of retail options and services such as a medical clinic, a wellness center and a
    supermarket, to ensure that residents can obtain all their daily necessities without the need to leave
    Bloom Living.The focal point at Bloom Living will be a large lake around which residents can walk, run, and cycle on designated trails. For gatherings and leisure activities, the community features multi-purpose
    amphitheaters and Sunset and Sunrise Plazas with spectacular views. Moreover, Bloom Living
    comprises places of worship and two outstanding international schools.
    Inspired by the Mediterranean Spanish architecture Bloom Living features a selection of villas,
    townhouses, and apartments, to suit the unique needs of residents of all generations. The highly
    convenient gated community is located within Zayed City and close to Abu Dhabi International
    Airport. Bloom Living has been designated as an investment zone allowing buyers of all nationalities
    to purchase residential units in the development.(-Ends-)

  • Bloom Holding Wins Best Mixed-Use and Residential Development in Abu Dhabi with Arabian Property Awards

    Bloom Holding Wins Best Mixed-Use and Residential Development in Abu Dhabi with Arabian Property Awards

    Bloom Holding Wins Best Mixed-Use and Residential
    Development in Abu Dhabi with Arabian Property Awards

    Abu Dhabi(News Desk):: Bloom Holding, one of the UAE’s foremost real estate development companies, has won two Arabian Property Awards for its fully integrated and all-inclusive project in Abu Dhabi, Bloom Living.
    The master-planned community received awards for ‘Best Mixed-use Development’ and ‘Best Residential Development’. Each of the two awards categories welcomed hundreds of entries, including some of the region’s most renowned real-estate projects. The nominations showcased Bloom Living’s multi-generational offerings centered around community living, as well as the abundance of amenities and recreational facilities it provides for residents to lead a fulfilling life.
    Bloom Living displays an exceptional level of innovation by seamlessly integrating residential, educational, and recreational spaces within a single all-inclusive community. The development also features a Town Center that offers an array of exquisite restaurants and cafés available for both residents and visitors, as well as a variety of retail options and services such as a medical clinic, a wellness center and a supermarket, to ensure that residents can obtain all their daily necessities without the need to leave the community.

    Inspired by Mediterranean Spanish architecture, Bloom Living is a self-sufficient, walkable community that features a selection of 4,500 villas, townhouses, and apartments, that suit the unique needs of all types of residents. The gated community is located within Zayed City and close to Abu Dhabi International Airport.
    Bloom Living includes multi-purpose amphitheaters and Sunset and Sunrise Plazas for gatherings and leisure activities. Moreover, the community comprises places of worship and two outstanding international schools. Residents can explore the beauty of nature at Bloom Living’s multiple uninterruptedly interconnected parks, and they can also enjoy their time at the community’s main Clubhouse which provides easy access to pools, sports, and recreational facilities.
    The Arabian Property Awards are judged by an independent panel of industry experts. The judging process focused on design, quality, services, innovation, originality, location, objectives, marketing, and unique selling points, as well as commitment to sustainability.
    CEO of Bloom Holding, Carlos Wakim said: CEO of Bloom Holding, Carlos Wakim said: “Over the years, Bloom Holding has promoted its position as a pioneer in developing premium mixed-used developments. We have established a strong reputation for bringing the right type of product to the UAE market and addressing the needs of those looking for communities that offer a holistic lifestyle experience, where they can live, work and play. With Bloom Holding’s stamp of superior quality, we continue to offer end-users and investors a great return on investment and a competitive rental yield.
    “Bloom Living is our most recent fully integrated mixed-use community, and we were confident that it would perform strongly in the awards this year. This unique project is set amidst distinctive Mediterranean ambience with lush greenery and lifestyle amenities, offering its residents access to high-end, luxurious community living.
    “Winning these two highly regarded awards is a testament to Bloom Holding’s unique offerings and ability to monitor and adapt to the needs of the market, and we are looking forward to achieving further wins in the future.” He added.
    Stuart Shield, President of International Property Awards commented: “I’d like to extend my congratulations to the winners for achieving this great success. This is an achievement that is recognized as a mark of excellence for property professionals.”
    The Arabian Property Awards are part of the International Property Awards which is the largest, most prestigious, and widely recognized award program throughout the different regions. The awards celebrate the highest levels of achievement by companies operating in all sectors of the property and real estate industry.
  • EIH acquires majority stake in BHM Capital

    EIH acquires majority stake in BHM Capital

    EIH acquires majority stake in BHM Capital

    The move is part of EIH’s strategic vision to diversify and expand its investments

    AbuDhabi(News Desk):: EIH Ethmar International Holding PJSC;EIH a company based in Abu Dhabi, has announced the acquisition of a majority stake in BHM Capital Financial Services PJSC. This move comes as part of EIH’s strategy to diversify and expand its investments, especially in the financial services sector.
    This marks one of the largest investments of EIH in the financial sector, achieved through an acquisition agreement with BHM Capital, a private joint-stock company listed in the Dubai Financial Market (DFM). Since its establishment in 2006, BHM Capital has maintained its position as one of the top financial institutions locally and regionally,providing industry leading financial and investment services.
    The announcement was made during a press conference held on Thursday at the Louvre AbuDhabi, attended by the Board members, CEOs of both groups, investors, as well as representatives from local and international media.
    EIH has a successful track record of exceptional profitability growth levels and considers adding the financial services sector to its investment portfolio as part of its diversification strategy. This will provide BHM Capital with the opportunity to offer more integrated financial services and expand its business to include new markets.
    On the occasion, Mr. Ali Elgebely, Managing Director and Group CEO of EIH, said: We are pleased to announce today a strategic acquisition in BHM Capital, which represents a significant and important step in our plan to invest in financial markets, supporting our vision to diversify and expand into various sectors. This aligns with our current and future plans through strong and strategic partnerships contributing to the development of a diverse, innovative, and sustainable investment portfolio.
    Elgebely added:;We affirm our core strategy at EIH, which aims at diversifying our investments and making successful acquisitions that generate added value to our investors.

    Through this partnership with BHM Capital, we look forward to launching strategic projects in the current and future financial markets, providing high-quality services in line with the highest global standards.
    Abdel Hadi Al Sadi, CEO of BHM Capital, commented on the acquisition, saying:;We are very pleased with our partnership with EIH, as it represents a significant and major step that boosts our successful journey and acts as a strong drive towards achieving our promising strategic goals. We aim to become one of the leading providers of integrated financial and investment services in the region.This strategic partnership will offer numerous opportunities for BHM Capital, allowing us an ideal chance to sustain our growth trajectory, strengthen our position, and advance in expanding our operations into new markets while adopting and implementing the best global standards and practices.; Al Sadi added.
    EIH Ethmar International Holding actively encourages and develops diversified businesses by investing in a wide range of sectors at the local and international levels, aiming to achieve sustainable returns that ensure strong and continuous growth for the group. On the other hand, BHM Capital has extensive experience in funds and investment portfolios management, financial consulting for mergers and acquisitions, capital restructuring, corporate valuation, brokerage in local and international stock markets, and many innovative investment products.(-Ends)

  • Danube Properties launch Dh2.5 billion project Oceanz

    Danube Properties launch Dh2.5 billion project Oceanz

    Danube Properties launch Dh2.5 billion project Oceanz,

    offering infinity 360-degree ocean views, and interiors & luxury furnishings by Tonino Lamborghini Casa

    With Oceanz located in Dubai Maritime City, Danube Properties takes investors and home buyers to a new cruise and leisure tourism destination making residences synonymous to Malibu or Miami of the Middle East once developed in the next few years

     Dubai(Press Release) News Highlights:

     1.     Oceanz embodies a lifestyle that seamlessly merges architectural elegance with Italian Interiors and Luxury Furnishings by Tonino Lamborghini Casa;

    2.     Oceanz will add an infinity swimming pool to the already luxurious 40+ amenities;

    3.     Danube Properties has so far launched 25 projects involving 13,529 units worth above Dh10 billion so far;

    4.     As UAE’s fastest-growing developer, Danube properties has launched 10 projects in the last 19 months; delivered one and planning to deliver two more with 1,303 apartments in 2023;

    5.     The launch of the Oceanz project comes as investor demand continues to drive the growth of Dubai’s real estate market that has seen 60,440 real estate transactions worth Dh 177.3 billion recorded in the first six months of 2023;

    Riding high on strong investor demand, Danube Properties, the fastest-growing private real estate developer in the UAE, has launched Oceanz. Oceanz with a development value exceeding Dh2.5 billion – that once built at the Dubai Maritime City, will offer unlimited views of the magnificent Arabian Gulf and a new leisure and cruise tourism hub next to the historic Shindagha heritage village. When completed in the first quarter of 2027, Oceanz will rise 51 floors above the ground including a six-level podium filled with car parking and community facilities with 44 floors of residential properties, and deliver 1,250 residential units including studio apartments, 1-bedroom, 2-bedroom and 3-bedroom apartments and a few retail stores. Like most other Danube projects, homes at Oceanz also come with more than 40 community, health and lifestyle amenities including health club, infinity swimming pools, sports arena, tennis court, barbecue area, jogging track, doctor on call, nanny on board among other facilities.In terms of the number of units and development value, Oceanz is Danube Properties’ largest project announced to date and the first on the Arabian Gulf coast overlooking a large body of water. Due to its location, facilities and amenities, apartments at Oceanz will see value appreciating and command a higher rental income for homebuyers in the coming years. 

     

    Oceanz is Danube Properties’ 25th residential project in 9 years since the company started development activities in 2014 and the 10th project to be launched in the last 19 months, that translates to one project launches in less than every two months – making it also the busiest and the fastest-growing private real estate developer in the UAE.“As demand for homes continues to grow, we are committed to bring more supplies in the market to meet the rising demand. The launch of Oceanz – our third project in three months – reflects our strong commitment to offer a great variety of residential options to homebuyers and help rebalance the market to create a win-win situation for all stakeholders,”

    Rizwan Sajan, Founder and Chairman of Danube Group, said. “Despite global economic headwinds in certain parts of the world, the real estate market in Dubai is performing extremely well and outperforming almost all other global property markets – thanks to the visionary and wise leadership of the country. 

    “Homes within Oceanz come with infinite ocean views – unmatched in the market. Once completed, the surrounding areas around Oceanz will match the famous residential apartments in Malibu or Miami in the United States. In three years, Dubai Maritime City will be compared to some of the most sought-after coastal properties in the world and the value of each apartment will appreciate to a completely different level. This way, at the prices that we are offering today, home buyers could sell it at double the price on handover.”

     Prices of residential units start from Dh1.1 million for a studio apartment, making them an attractive proposition for home buyers and investors who could benefit from the continuous price appreciation as the real estate sector is witnessing increase in demand. Danube Properties’ homes come with a trend-setting 1 percent monthly payment plan, following the initial deposits – making home acquisition more affordable and attractive.

     Danube Properties maintains a policy of launching one project at a time, sell it out, then appoint a contractor to build the project, before launching the next one.

     In addition to launching projects and building them, Danube Properties will also deliver three projects this year including Wavez (delivered), Jewelz and Olivz. Most of the projects launched in 2022 and 2023 are ahead of the construction and delivery schedule. The company has recently sold out the Elitz 3 project launched in August 2023.Oceanz is Danube Properties’ 5th project so far this year. Oceanz with Italian Interiors and Luxury Furnishings by Tonino Lamborghini Casa will offer 360-degree panoramic views of the endless ocean every single day.

     Apartments within Oceanz will be smart and sustainable homes and will consume less energy – in line with the UAE’s commitment to sustainability. Danube Properties offers homeowners a 10-year Golden Visa – especially those who qualify as per the investment criteria – subject to government approval.(Ends)

  • realme launches C53, revolutionizes entry-level smartphone market in the UAE

    realme launches C53, revolutionizes entry-level smartphone market in the UAE

    realme launches C53, revolutionizes entry-level smartphone market in the UAE

    Comes with segment-first 33W fast charge, 128GB storage, and 7.49mm slim body at just AED 499

    Dubai(News Desk)::Realme, the world’s fastest-growing smartphone brand, today launched its gamechanger, Realme C53 in UAE, disrupting the entry-level Smartphone segment with an array of first-of-its-kind features.Terming it as the most disruptive entry-level smartphone ever, realme said the realme C53 continues the Champion legacy, redefining once again the entry-level space with segment-leading features – 33W fast charge, up to 12GB dynamic RAM and 128GB large storage – wrapped in the thinnest 7.49mm Ultra Slim body in the segment and in realme C Series.

    At AED499, realme C53, which comes with a Shiny Champion design in a trendy and unique look is a steal, realme said in a launch statement.With the enhanced charging feature of the segment-first 33W SUPERVOOC with high-voltage, low-current charging technology – users could charge 50 per cent in just 31 minutes. Coupled with this is a massive 5000mAh battery for a worry-free performance.

    Realme C53 is paired with up to 12GB of dynamic RAM and 128GB of ROM which is the largest storage in the segment. With the DRE Dynamic RAM Expansion Technology, realme C53 can expand 6GB RAM by up to 6GB to enjoy a 12GB-like experience, enabling a smoother user experience.C53 is the best-designed entry phone and the only one in the Apple design segmentwith 7.29mm + 1828, focusing on minimalism and simplicity with clean, neat and sophisticated looks.

    Other differentiating features include a 50MP camera, 6.74″ 90Hz high-level full screen with a peak brightness of 450 nits and Mini Capsule, and an 8MP selfie camera on the front. In addition, realme C53 enables users to create images in their preferred style with a wide range of innovative image functions.

    Realme C53 is also equipped with multifunctional NFC.Realme C53 had undergone a rigorous testing regime before being commercially marketed to ensure its flagship-level quality. In all, realme C53 went through 320 comprehensive tests, including 109 tests for reliability and six for quality assurance. Some of the tests included extreme and high-temperature tests, flame retardant tests, and sharp-edge tests to ensure safety of the device.Temperature shocks of 40-75 degrees C were applied to realme C53, as well as tests to ensure that the device can withstand high humidity, UV radiation and has salt spray resistance. The waterproof realme C53 also comes after several drop and pressure protection tests. Durability tests were also applied on the device’s power, volume, charging, and plugging in a range of 150,000 to 300,000 times.

    Realme is a global emerging consumer technology company disrupting the smartphone and AIoT market by making cutting-edge technologies more accessible. It provides a range of smartphones and lifestyle technology devices with premium specs, quality, and trend-setting designs to young consumers at affordable prices.

    Established by Sky Li in 2018 and driven by its “Dare to Leap“ spirit, realme has become one of the top 5 smartphone players in 30 markets globally in just three years, and realme has entered 61 markets worldwide, including China and Southeast Asia, South Asia, Europe, the Middle East, Latin America, and Africa, and has a global user base of over 160 million.For more information, please visit www.realme.com

  • Emirati Luxury Brand Carter & White Unveils First International Store in Porto Cervo, Italy.

    Emirati Luxury Brand Carter & White Unveils First International Store in Porto Cervo, Italy.

    Emirati Luxury Brand Carter & White Unveils First International Store in Porto Cervo, Italy.

    Dubai(Press Release)::Carter & White, renowned specialists in luxury clothing and accessories, is thrilled to announce the grand opening of its first international store in the prestigious and picturesque city of Porto Cervo, Sardinia, Italy. This milestone marks a significant expansion for the brand, showcasing its commitment to delivering exquisite craftsmanship to a global clientele. A strategy soon to be echoed in more global destinations.Nestled in the heart of Porto Cervo, Carter & White’s new boutique is poised to captivate luxury connoisseurs with its modern and sophisticated design, blended with a touch of Italian charm. Featured in store will be the brands latest collection, as well as a selection of luxury home, travel, and yachting essentials.
    Carter & White has started implementing its global expansion strategy with the opening of its first branches in Italy, and this will be followed by the opening of branches in the Kingdom of Saudi Arabia, the Gulf Cooperation Council countries and a number of international capitals.
    Mr. Abdullah bin Saeed Al Naboodah, Chairman of the Board of Directors of Carter & White, expressed his pride in Carter & White’s first international opening, stating that the company’s success in collecting the first financing round of 40 million dirhams “series A”has further empowered the brand’s worldwide objectives.Al Naboodah stated that opening in Porto Gervo is considered one of the brand’s most exciting projects as the location offers one of the most important marinas for yachts around the world. Positive demands have already been seen in Carter & White’s uptake since the first day of its opening, taking a significant step towards further establishing its presence on a global scale.
    Carter & White currently operates 9 stores, 7 of which are in Dubai (City Centre Mirdif, Al Khawaneej Walk, Dubai Harbour, Blue Waters, Dubai International Financial Center, Galleries Lafayette) and 2 in Abu Dhabi (The Galleria Al Maryah Island, Marina Mall Abu Dhabi).

  • Tiger Properties launches the “Elbrus” project at a cost of AED 200 million  in Dubai.

    Tiger Properties launches the “Elbrus” project at a cost of AED 200 million  in Dubai.

    Tiger Properties launches the “Elbrus” project at a cost of AED 200 million  in Dubai.

    Dubai(Press Release)::Tiger Real Estate Company – the leading real estate company in the UAE, announced the launch of the “Elbrus” real estate project, at an investment of AED200 million, in the village of Jumeirah Triangle in the Emirate of Dubai.
    The new project includes units that vary between studios, 1-bedroom, and 2-bedroom, with a variety of spaces. The project includes a swimming pool, a walking track, a children’s play area, and a barbecue area, and the prices of residential units start from 540,000 dirhams.
    Engineer Amer Walid, Executive Director of Tiger Real Estate Company, said in a press statement on this occasion: “Tiger Real Estate Company is keen to continue launching qualitative real estate projects that meet the demand of investors and end users, as we witness a continuous demand from various nationalities that are interested in coming to the country, whether for residence or investment. with it.”
    Walid added: “Today, we launched the new “Elbrus” project, which is characterized by its facilities, services, important location, competitive prices, and flexible payment methods. He said: “The construction work of the “Elbrus” project will begin on the first of June 2023 and its completion, and the start of handing over the units to buyers on31-1-2026.He expressed his expectations that the project would be very popular, especially with the implementation of quality housing units, high-quality finishing, and a strategic location near important and vital landmarks in Dubai.Al-Zoubi added: “Tiger Real Estate Company is keen to keep pace with the growth in demand and work to meet it in light of the confidence of our customers in our projects, and the confidence of “Tiger Real Estate” in the strength and durability of the real estate market in Dubai and the country, and the existence of a continuous demand for real estate in the qualitative and distinguished projects launched by the company. We have succeeded in selling housing units in our various projects in record time, thanks to the great demand for them.”
    Eng. Amer Walid expressed Tiger Real Estate Company’s pride in offering more projects in the Emirate of Dubai and the UAE, which has achieved a global reputation in the real estate sector, and continues to record growth in the economic and investment movement.(END)

  • Danube Properties launches AED900million, Elitz 2 project in JVC Dubai.

    Danube Properties launches AED900million, Elitz 2 project in JVC Dubai.

    High demand propels Danube Properties to launch Dh900 million Elitz 2 project in Jumeirah Village Circle Dubai. 
    Danube Properties launched eight projects in 16 months while it prepares to

    deliver three projects with 1,303 apartments this year

    Dubai:(News Desk)::Danube Properties, the fastest-growing private real estate developer in the UAE,
    announced the launch of Elitz 2 at the Jumeirah Village Circle (JVC), with a development value exceeding Dh900 million in the presence of His Excellency Dr.Thani bin Ahmed Al Zeyoudi, UAE Minister of Foreign Trade and Bollywood superstar Malaika Arora.
    The project will be near Elitz 1 tower – which is currently under construction –and help meet the growing demand for quality homes at prime locations.When completed in the third quarter of 2026, Elitz 2 will deliver 750 residential units including studio apartments, 1-bedroom, 2-bedroom and 3-bedroom
    apartments and a few retail stores. Like most other Danube projects, homes atElitz 2 will also come with more than 40 amenities for the community, including health and lifestyle amenities and a health club, swimming pools, sports arena,tennis court, barbecue area, jogging track, among other facilities.

    Prices of residential units starts from Dh650,000 (US$177,111) for a studio apartment. However, prices of the units will continue to appreciate with time,making them worth investing in. Danube Properties’ homes comes with attractive and trend-setting 1% payment plan, following the initial deposits – making home
    acquisition more affordable and simple.

    Danube Properties Sheikh Zayed Road, P.O. Box 113806, Dubai UAE Tel: + 971 8005757-Fax: + 971 4 399 8222 Email: Aditi.khare@danubeproperties.ae Web: www.danubeproperties.ae
    The homes are usually delivered around mid-way of the payment plan, which means the buyer can move in the apartment after paying 60 percent of the total value of the property. This helps homeowners to extract additional value either by increase savings on the rents or by paying the equated monthly instalments
    (EMI) from the rental income. Elitz 2 is Danube Properties’ 23 residential project in 9 years since the company started development activities in 2014 and the 8th project in a row to be launched in the last 16 months, that translates to one project launches in every two months – making it also the busiest private real estate developer in the UAE.

    Danube Project Development Factsheet

    No -Danube Projects –  Residential Units -Sales Value -Status

    1 Dreamz 171  Townhouses  Dh500 million Delivered

    2- Glitz Residence I 151 Units Dh132 million Delivered
    3-Glitz Residence II 151 Units Dh136 million Delivered
    4- Glitz Residence
    III

    358 Units Dh350 million Delivered

    5- Starz Tower 454 Units Dh289 million Delivered
    6 -Glamz Residence 426 Units Dh270 million Delivered
    7- Miraclz Tower 599 Units Dh400 million Delivered
    8- esortz Residence

    444 Units Dh300 million Delivered

    9- Bayz Tower 463 Units Dh468 million Delivered
    10- Jewelz Residence

    463 Units Dh300 million Delivering soon

    11- Lawnz Residence 1,063 Units Dh550 million Delivered
    12- Elz Residence 275 Units Dh130 million Delivered
    13 -Wavez  Residence

    434 Units Dh200 million Delivering soon

    14- Olivz Residence 411 units Dh200 million Under Construction

    15 -Skyz Residence 829 units Dh487 million Under Construction
    16- Pearlz By Danube

    302 units Dh300 million Under Construction

    17 -Gemz By Danube 279 units Dh364 million Under Construction
    18- Opalz By Danube 575 units Dh525 million Under Construction
    19 -Petalz By Danube

    350 units Dh280 million Under Construction

    20- Elitz Towers 581 units Dh550 million Under Construction
    21-Viewz Towers 1,132 units Dh2.05 billion Ground Broken
    22 -Fashionz 803 units Dh1 billion Launched
    23- Elitz II 750 units Dh900 million Launched

    Total 23 Projects 11,464 Units Dh10.68 billion/Construction/Delivery

    (Ends)