Luxurious, lusciously green living: Al Zahia breaks ground on its Al Yasmeen neighbourhood

  • Al Yasmeen will offer 200+ premium properties upon completion in 2022
  • Residents will find themselves among tranquil surroundings with easy access to a complete variety of amenities
  • Al Yasmeen’s construction moves Al Zahia closer to its 2023 completion

Sharjah, UAE, 13 October 2020: Al Zahia — Sharjah’s premier lifestyle destination — has moved one step closer to completion with the ground-breaking ceremony of its highly sustainable Al Yasmeen neighbourhood.

Scheduled for completion in 2022, Al Yasmeen is designed for discerning families and young couples that demand luxury and tranquillity from the place they call home. The neighbourhood will comprise a mix of more than 200 two and three-bedroom villas and townhouses nestled within lush green surroundings — complementing the other premium neighbourhoods within the masterplan, where more than 800 homes in the Al Jouri and Al Narjis neighbourhoods have already been handed over to the families of Al Zahia, and homes in Al Lilac are currently under construction.

Shadi Al Azzeh, Al Zahia Projects Head at Majid Al Futtaim Properties, said, “Al Yasmeen will be an exciting demonstration of Al Zahia’s unique philosophy of creating memorable spaces. It has been crafted to inspire social connections and is set against a backdrop of relaxing green spaces, reinforcing the community’s position as a one-of-a-kind destination. It will be a place for families to grow, socialise, and thrive — one part of the wider Al Zahia community that offers everything a family could need. Breaking ground is a proud moment for us, and it means we are one step closer to creating more great moments for the people of Al Zahia.”

United Engineering Construction Co. (UNEC), which boasts a portfolio of premium developments in the UAE, will oversee the construction of Al Yasmeen, ensuring the neighbourhood lives up to the high expectations placed on every Majid Al Futtaim community.

Walid Al Hashimi, Sharjah Holding’s Chief Executive Officer, added, “Sharjah is full of ambition, and we’ve been sure to instil the same across Al Zahia. Contrasting the emirate’s urban energy with luxurious modern homes, Al Yasmeen is the next piece in the puzzle. The neighbourhood redefines the modern living experience while reflecting Al Zahia’s commitment to respectfully upholding Sharjah’s rich culture and traditions. Al Yasmeen is also yet another investment in the community, being a place that will empower residents to live the fulfilling lives they deserve. We’re pleased to push on with our partners toward Al Zahia’s completion in 2023.”

Like the wider Al Zahia community, Al Yasmeen neighbourhood will reflect the traditional values of Sharjah in a progressive, welcoming community. Its homes will be nestled among six themed sensorial parks, each designed to stimulate and rejuvenate residents. The exclusive-to-residents Clubhouse will provide resort-style living and a place to socialise and unwind, while a direct connection to the upcoming City Centre Al Zahia — the northern emirates’ largest mall — will ensure ultimate convenience.

Al Yasmeen also upholds Al Zahia’s status as the first development in the UAE and the Middle East to be awarded the BREEAM Communities Interim Certification — a measure of the community’s unwavering commitment to sustainable design and development.

Al Zahia is part of the strategic partnership between Majid Al Futtaim Properties and Sharjah Asset Management. On completion, the entire Al Zahia development will include a total of 3,700 homes. Al Zahia is located off Sheikh Mohammed bin Zayed Road and directly on University City Road. To date, 55 per cent of the project has been sold, with 800 families already in residence.

Four key factors to shape the future of office space demand

After working from home has been effective

By Anitha Lakshminarayanan

Due to this outbreak of the Pandemic world over, there have been measures on reducing costs across all industries, whether it is hospitality, technology, or real estate. And for this reason, the commercial real estate owners are rethinking office space as they have not seen any new workplace handover after work from home has been efficient for employers.

As per the gulf news property weekly report, the total number of available stock in Abu Dhabi and Dubai is 3.8 million and 8.7 million sqm Of GLA, respectively.

However, The JLL Q2 report says a total of 312,000 sqm of GLA is expected to handover in Dubai in the second half of the year.

And here are the top reasons why property developers and businesses are reconsidering workroom places

  1. First and foremost is the impact of office commute stress and cost. Due to this reason, customers, residential and commercial are going to be looking at real estate differently.

Consolidated Operations The pandemic has forced corporates to continue to consolidate operations. The Demand is more on smaller fitted-out units of less than 1000 sq.m, and grade A rents decreased by 13 percent in Dubai as per JLL reports.

  1. Remote offices in Demand 

The idea of a remote office will mean that every home will have a dedicated working space at home. Due to this, the businesses will question why to pay high rents and also incur additional expenditure on maintenance and upkeep of office space when employees have been productive working from home during this period of isolation.

  1. A new Hybrid model in the future

As per Gulf News Reports Dana Salbak, Head of JLL, Mena says, “Looking ahead, corporations will adopt a hybrid model of working, with some of their employees based in HQ offices, while others continue to work from home, or inflexible office spaces.”

Under these conditions, the market remains favorable for tenants as Landlords are willing to offer attractive incentives as well as contributions to capital expenditures to reduce costs on tenants.

District one creates new trend

As one of the sought after high-end community
By Anitha Lakshminarayanan

District one becomes the sought after community for high-end buyers and creates a new trend.

Over the years and traditionally, Emirates Hills has been the hottest community for high-net-worth buyers, and recently the trends are changing.

Andrew Cummings, co-founder and manager of luxuryproperty.com, said, “District one is the hottest community for buyers as it boasts a stunning crystal lagoon and premium location close to Downtown.”

He added “Particularly, in 2020 and recently District one recorded a Dh 90 million transaction for a contemporary villa “

Mahatma Gandhi Cultural Forum Sharjah, an associate of Indian Association Sharjah, held a Three-day educational workshop For Students

Dr.T.P.Sashikumar’s Be a Warrior, not Worrier Workshop, was a hit among all the wards.

By Anitha Lakshminarayanan

Sharjah, December 16th, 2019 – Mahatma Gandhi Cultural Forum an associate of Indian Association Sharjah held a three-day workshop Be a Warrior not a Worrier for high school students conducted by Shiksha, which was founded by Dr.T.P.Sashikumar, a space scientist with several accolades in various fields such as science, spirituality, and Psychotherapy 

Mr.Sashikumar ‘s Shiksha is a house to inspire and encourage young students, primarily through their teachings, that is similar to the Gurukul style of living and teaching students. 

Many schoolchildren in the Sharjah workshop were also mesmerized by their teacher’s style of delivering the lectures and Tina; a Grade 10 student said: “We enjoyed this three-day workshop and would like Sashikumar Sir to extend it for another day.”

Dr.P.Sashikumar is a Space scientist who took voluntary retirement from ADRIN Hyderabad based (Advanced Data Process Research Institute) and was associated with India’s space mission for 20 years.

In addition to being a science enthusiast, he has also written several books on philosophy and life lessons.

Medallion Associates teams up with Dubai Land Department to attract more British investors to Dubai

Partners with Huxley Estate  Sky TV A1 News and to highlight opportunities in Dubai across UK & Europe 8

London,8th December 2018-Dubai Land Department (DLD) partnered with the international promotional Trustee Medallion Associates, the leading real estate consultancy and advisory service provider in the UAE, to generate interest and confidence in Dubai real estate among British and international investors, the partnership was kicked off during the third Dubai Property Show – London, recently organized by DLD in London.

During the Dubai Property Show in London, DLD inaugurated the real estate promotion trustee office of Medallion Associates, which has initiated new partnerships with Sky TV A1 News and Huxley Estate to promote investments in Dubai and bolster media coverage across the UK and Europe through their top three offices.

HE Majida Ali Rashid, CEO of the Real Estate Promotion andInvestment Management Sector at DLD, said: “Partnering with MedallionAssociates consolidates our mission to promote Dubai’s real estate sector foreign investors and most notably those from the UK. The heightened interesting Dubai’s real estate is evidence of the Emirate’s appeal and is a result of the investment policies that were put in place by HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, and Ruler of Dubai.”

Masood Al Awar, CEO of Medallion Associates, thanked DLD for its confidence in his company’s support and for its successful efforts in casting the global spotlight on Dubai’s flourishing real estate sector.

Al Awar said: “London and Dubai are both key markets for investors worldwide. As Dubai continues its growth, we would like to contribute to the forging of new and exciting mutually-beneficial partnerships with the UK  market through partnerships with Huxley Estate knowledge and A1TV exposure in UK and Europe. We are committed to supportingDLD’s international real estate road shows and workshops to strengthen Dubai’simage as a preferred real estate investment destination.”

Medallion Associates is the appointed custodian of DLD’sinternational real estate promotion efforts. It assists DLD position Dubai as a premier global investment destination and a haven for innovation, trust, and happiness. 

Statistics from DLD’s Department of Real Estate Studies& Research reveal that British citizens are the second-highest foreign investors in Dubai real estate. Through its comprehensive services, ranging from development and asset management to private equity placement and advisory & consulting services, MedallionAssociates aims to facilitate a higher uptake of Dubai properties from British and other foreign investors.

HH Sheikh Hamdan visits Falconcity of Wonders stand at Cityscape Global 2018

FCW’s recently launched Eastern Residences villa project takes centre stage at the exhibition

Dubai, October 2, 2018:HH Sheikh Hamdan Bin Mohammed Bin Rashid Al Maktoum, Crown Prince of Dubai, visited today (Tuesday, October 2, 2018) the stand of Falconcity of Wonders LLC (FCW), the developer of the ongoing Falconcity of Wonders multipurpose mega project in Dubai, during its participation at Cityscape Global 2018 exhibition running from October 2 to 4, at the Dubai World Trade Centre. His Highness lauded FCW’s efforts in sustaining global interest in Dubai’s real estate landscape through its unique ‘World in a City’ project. HH Sheikh Hamdan was briefed on the latest updates on the project during the visit.

The major highlight of FCW’s participation at this year’s edition of Cityscape Global is undoubtedly the Eastern Residences, a meticulously-planned gated community that houses contemporary, elegant, 5 and 6 master-bedroom villas with exquisite high-end finishing that are ideal for families of any size. Visitors to the FCW stand at the event are also taking advantage of the special offers, which include 0 DLD fees, 0 services charges for 5 years and flexible payment plans. Scheduled for delivery in September 2021, the villas come with a guarantee of AED 150,000 that will be paid to buyers annually in case of delay (terms & conditions apply).

H.E. Salem Almoosa, Chairman and General Manager, Falconcity of Wonders LLC, said: “Cityscape Global 2018 is the perfect platform for us to showcase the most recent addition to the Falconcity of Wonders, the recently launched Eastern Residences project. We conceived this project after considering various actual living scenarios of families that will reside in these units and the value proposition is reflected in all aspects. These villas reflect engineerinHH Sheikh Hamdan Bin Mohammed Bin Rashid Al Maktoum, Crown Prince of Dubai during his visitg excellence and thus offer a superior value proposition. Our confidence in the success of the project is further underscored by the highly positive response it continues to garner at CityscapeGlobal 2018.”

Featuring a built-up area of 3,208 sq ft to 4,581 sq ft, the unique features of Eastern Residences include villas with large plot sizes; wide 3-car shaded parking; and easy access to the already completed Falconcity Community Centre, among many others.

FCW is located at Stand No S3F10 at Sheikh Saeed Hall 2 at the Dubai World Trade Centre, attended by officers exclusively catering to clients and prospective buyers at the event.

How Ramadan helps in building a strong bond in a community

 

When we think of Ramadan, what pops into our mind or visit our thoughts are spirituality, and most importantly this is the time of giving, particularly to charities and organisations that support and aid poor down and out and homeless people. Not only is this Holy month of Ramadan considered as the month of helping the poor but also to revive friendships, build community bonds and receive gifts and wishes from your loved ones.

On that beautiful note, a few days before, I was invited to my friend’s house for an iftar get-together and after meeting her and partaking in their tradition, I realised the significance of Ramadan and how this holy month transforms individuals and its community into a sacred one…

If you like this video, please give a thumbs up  and share it with your family and friends and contact Anitha Lakshminarayanan for your blog design, writing and PR copywriting at 050-4627856 or 050-1845628

Top 10 insights on why it is important to buy a home in Dubai?

Emirates Property-what's your property cravings?

By Anitha Lakshminarayanan

Why should you buy a home in Dubai, and before I begin to elucidate the top insights about the market, it reminds me of a small story, Last week my friend Sheba and I were sitting on my balcony and chatting. Sheba was winding up and going back to India and she felt that she could’ve bought a home here that could give her rental returns even if she got back to her heritage, and wanted to live there. Sheba’s story stimulated me too and I was wondering whether to buy a home in Dubai and here a few facts to ponder over:

View original post 383 more words

Top 10 insights on why it is important to buy a home in Dubai?

By Anitha Lakshminarayanan

Why should you buy a home in Dubai, and before I begin to elucidate the top insights about the market, it reminds me of a small story, Last week my friend Sheba and I were sitting on my balcony and chatting. Sheba was winding up and going back to India and she felt that she could’ve bought a home here that could give her rental returns even if she got back to her heritage, and wanted to live there. Sheba’s story stimulated me too and I was wondering whether to buy a home in Dubai and here a few facts to ponder over:

image1 (10)

It’s a buyer’s market

  • Although it’s a buyer’s market right now, the rental market is very competitive. In spite of the fact that it is saturated with supply and new projects to be handed over. The current regulations help in controlling the supply further.
  • Most of the realtors feel that it is encouraging to see heavy transactions in Q4 2017 and that is a good sign so far.
  • For that matter, any property investment is long term and if you wait for a long-term, you are definitely going to yield returns and the best returns are in Dubai Silicon Oasis, Dubai International City, Dubai Sports City, Dubai Investment Park and Al Furjan

Renter’s market

  • Since it’s a renters market, it is also ideal to invest in prime locations now such as Jumeirah Lake Towers, Dubai Marina, and Jumeirah Beach Residence

 Dubai land prices up by 2.7 %

  • The prices are reasonable, especially in Dubai land where the apartment prices are actually up by 2.7 % from a year ago, In addition to Dubailand, Dubai Sports city continues to do well too as several projects are getting completed there.

So Dubai market is all about yield and capital returns whereas in other markets, Hong Kong, London, New York, it’s all about capital appreciation. If you look at net yields in Dubai, you can get 5-10%, implying a payback period of 10-20 years.

If you would like to place banner ads on this blog, PR copywriting for your real estate business or blog posts and articles and copywriting help such as direct mail, Radio Ads, then please contact Anitha Lakshminarayanan a freelance journalist cum writer at 050-1845628 or 050-4627856

 

World Green Economy Summit 2018 to kick off in October amid growing adoption of new technologies

The fifth edition to focus on green capital, digital transformation & leadership and social engagement

 Dubai, UAE, 21 May 2018: The annual World Green Economy Summit (WGES 2018) will be organised in Dubai to tackle global issues and important strategies, including the digital age and its impact on building a ‘green’ and sustainable future growth across industries. This was announced today by the organising committee of the fifth World Green Economy Summit ‘WGES 2018’.

WGES is set to take place from October 24th to 25th under the patronage of HH Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai. The summit is organised by Dubai Electricity and Water Authority (DEWA) and the World Green Economy Organisation (WGEO) in collaboration with international partners under the theme ‘Driving Innovation, Leading Change’.

WGES 2018 will focus on three main pillars, green capital, digital transformation, and leadership and social engagement. The event will gather financial executives, investment professionals, and thought leaders to discuss ways to increase green capital flows into regional and global environment-friendly projects and how to de-risk those investments.

WGES 2018 will also focus on developing the digital economy and integrating it with the green economy. The summit will discuss the latest smart technologies and digital breakthroughs that promise to accelerate green growth and sustainable development.

On leadership and social engagement, the event will examine the ongoing shift to a green economy – a phenomenon that many fears may lead to human insecurity and inequalities, job losses, and social deficits. Participating leaders and supporters of green innovation initiatives are expected to exchange knowledge and best practices to address the economic and social impact of these programmes.

“Holding WGES 2018 comes in line with the far-sighted vision of HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai to enhance sustainable development in the UAE as well as reinforcing Dubai’s position as a global capital of green economy. The summit also forms a vital aspect of the UAE Centennial 2071 for the UAE to become the best country in the world in 2071;the UAE Vision 2021; the Dubai Plan 2021 and our continuous efforts to achieve the goals of Dubai Clean Energy Strategy 2050 that aims to provide 7 per cent of Dubai’s energy from clean energy sources by 2020, 25 per cent by 2030 and 75 per cent by 2050, not to mention the UAE Strategy for the Fourth Industrial Revolution that aims to achieve a competitive national economy based on knowledge, innovation and futuristic applications by integrating physical, digital and vital technologies,” said HE Saeed Mohammed Al Tayer, Vice Chairman of the Dubai Supreme Council of Energy in Dubai, Managing Director and CEO of DEWA, and Chairman of WGES.

H.E Saeed Mohammed Al Tayer MD&CEO – DEWA

“New and advanced technologies are the key to a successful and genuine digital transformation and green economic growth. It is important therefore that all of us in the green economy to formulate major policies and frameworks encouraging relevant technological developments that will benefit society as a whole. Focusing on three main pillars, DEWA and WGEO are organising WGES 2018 to strengthen Dubai’s leading position as a global model for clean energy and green economy by using the disruptive technologies of the 4th industrial revolution, such as Artificial Intelligence (AI), UAVs, energy storage, blockchain, the Internet of Things and many more,” added Al Tayer.

Abdul Rahim Sultan, Director of WGEO, added: “The Summit will be crucial to promoting the widespread acceptance and increased importance of the green economy in the context of sustainable development. We are confident that the inputs from this year’s WGES will contribute to promote implementation of green economy policies at all levels, in a manner that endeavours to drive sustained, inclusive and equitable economic growth through providing us an interactive platform where we can share relevant best industry practices and latest innovations.”

The UAE is the first in the Arab world and the region as per the index of realising global green economy and it is at the forefront of the green transformation and renewable energy. In this regard, Dubai has launched Mohammed bin Rashid Al Maktoum Solar Park, the largest single-site solar park in the world based on the Independent Power Producer model. Supporting the Dubai Clean Energy Strategy 2050, this ambitious project aims to transform Dubai into an international hub for clean and renewable energy.

It's all about the property market

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