Category Archives: Dubai Properties

Dubai real estate market takes the spotlight at Miami International Real Estate Congress

Realopedia presents Dubai real estate sector’s growth in 2017 as foreign investors account for USD 11.7 billion property investments

UAE, October 31, 2017 – Dubai real estate market’s continuing growth story has been featured in an international briefing of global real estate markets at the Miami International Real Estate Congress, organized by the Miami Association of Realtors. Top executives from Realopedia, the global real estate e-marketplace established in Dubai, presented a market briefing at the event, an annual gathering of real estate professionals across the United States and worldwide.

Wally Gebara, Associate VP of Realopedia for North America and Paul Gebara, Director of Marketing and Business Development of Realopedia, highlighted the sector’s key growth areas, noting that foreign investors accounted for most of real estate investments in the emirate during the first nine months of 2017, amounting to USD 11.7 billion (AED 43 billion) from a total of 22, 667 transactions, based on official data.

Paul Gebara said: “Miami has one of the most established property markets in the world and it is important that emerging markets such as Dubai maintain its presence in these types of congregations given the emirate’s attractiveness to foreign investors. Dubai’s property market continues to be an attractive investment haven as the data speaks for itself – recording a total of USD 41 billion deals between January 2016 and June 2017 from about 217 nationalities.”

With Dubai looking forward to hosting Expo 2020, Paul Gebara highlighted the ongoing activities and preparations in the run-up to the global event. Demand for properties in the emirate is expected to soar to meet visitors and businesses’ needs during the six-month trade fair. The central business districts and luxury offerings drew sales the most during the first nine months of the year, with Burj Khalifa leading in the transactions, reveals data from the Dubai Land Department. The Realopedia Team will also head to the annual conference of National Association of Realtors in Chicago.

Realopedia leverages the power of digital technology to bring together industry specialists under a single platform to expand the reach of all real estate stakeholders. The company has established partnerships in major real estate markets worldwide and key offices in the UAE, the US, and the UK. The company also recently completed its application on Android to provide its customers with a user-friendly platform for networking in one tap. The mobile app will soon be launched in iOS.

Following remarkable response to Vincitore Palacio’s market debut in 2016 inspires launch of second project  

Image - Vincitore BoulevardVincitore Real Estate Development unveils Vincitore Boulevard

Vincitore Real Estate Development, Dubai’s first quality branded real estate developer, recently announced the launch of its second project in Dubai, Vincitore Boulevard, following the notable success of its flagship property, the Vincitore Palacio, which was launched in 2016 within Al Barsha South master-planned Arjan district. The new project, located in the same district, will span over 173,337 square feet.

The building houses 216 residential apartments comprising plus

h studios and ensuite one-bedroom units and hosts about 30 boutique retail outlets. The development is expected to become operational by April 2019. Vincitore Boulevard was designed by celebrity architects inspired by a fusion of European and Emirati designs to create an iconic property offering versatility, comfort and luxury living.

Delivering quality, style and functionality, tailored to clients with a taste for elegance as well as market value, Vincitore Boulevard offers convenient access to parks, schools, clinics, shopping centres and restaurants, providing prospective owners with the most comfortable living experience possible.

Each residence at Vincitore’s second branded project spans impressive living spaces and state-of-the-art technology, incorporated in the layout with sophistication. The development also offers an unmatched blend of amenities and services such as infinity pools, a wave pool, a modern gymnasium, a library and podium gardens that set the tone of its signature ambience. For a starting price of AED 555,000 inclusive of a post-handover payment plan, the project makes it more financially viable for discerning homeowners looking to buy an apartment in the emirate.

Vijay Doshi, Managing Director, Vincitore Real Estate Development, said: “Demand for quality-driven residences remains a top priority for property buyers. It is very essential that properties are built with precision and excellence because that is the mark of a truly valuable property. This is the kind of property development that we would like to offer and contribute to the growth of Dubai as one of the world’s most sustainable cities.”

Dubai has been continuously developing legislations to improve the sector and the Real Estate Regulatory Agency has been making strides towards implementing more regulations to control the way buildings are built such as the possible introduction of a mandatory building inspection procedures, which would ensure inspections are done before the handover.

Vincitore Real Estate Development is tapping into a niche market for its product while catering to a diverse multicultural client base. The company aims to continue catering the huge untapped Dubai market of Branded high-quality real estate @ affordable price and lucrative post hand over payment plans.

FM EXPO increases exhibition space by 25 per cent for its 10th edition  

Emirates Property-what's your property cravings?

Region’s largest FM event to take center stage at pioneering Community Management Week

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  • FM EXPO is Middle East’s largest Facilities Management event
  • Over 150 exhibiting companies from 19 countries and 10,000 visitors
  • Part of the first Community Management Week
  • Features 15 free-to-attend continuing professional develop (CPD)certifies workshops, 6 FM Masterclasses, FM World Congress and Middle East High Rise Summit

Dubai, UAE, 27 April 2016: FM EXPO, the Middle East’s largest facilities management event, will be taking place from May 23 to 25, 2016 at the Dubai World Trade Centre. The 10th edition of the event reflects its long-standing commitment towards the industry. With a 25 per cent increase in exhibition space compared to 2015, it will host over 150 companies from 19 countries showcasing their innovative solutions to nearly 10,000 visitors.

Aside from a vast display of cutting-edge technologies, products and services, the show will deliver an extensive and…

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Dubai real estate sector to sustain strength & stability in 2015 & beyond, says Falconcity’s Chairman

Economic & infrastructural boom, rising population & high investor confidence among key drivers

October 24, 2015

Dubai’s real estate sector is expected to continue the resurgent levels of growth and stability it has been exhibiting throughout this year and post yet another strong performance towards the end of 2015 and beyond. Mr. Salem Almoosa, Chairman and General Manager of Falconcity of Wonders LLC, attributes the buoyant outlook to several key factors, including Dubai’s status as a top commercial and tourism hub, a continuously rising local population, a strong appeal among international investors, and substantial government funding of major infrastructure projects.

Mr. Almoosa notes that real estate transactions worth over AED 64 billion were recorded for Q1 2015 alone, and that a significant number were initiated by foreign investors. He added that the removal of the rental cap and limited supply across prime locations, among others, have been driving growth in residential demand. Moreover, he anticipates additional major investments into the tourism, leisure and hospitality segments – a prediction backed by Dubai’s recent ranking as the top growth market for the MENA hotel industry in a global construction pipeline report.

These and other catalysts, Mr. Almoosa says, will continue to sustain Dubai’s dominance of the Middle East’s real estate landscape and will be further magnified as Dubai Expo 2020 draws near and casts the global spotlight on the emirate as an unrivalled leisure, lifestyle and business haven.

Mr. Salem Almoosa, Chairman and General Manager of Falconcity of Wonders LLC

Mr. Almoosa said: “Industry figures and current market movements affirm that Dubai’s real estate performance has exceeded previous expectations and is on track to enjoy an extended period of profitability and stability. The durability of the market will only be strengthened as Dubai Expo 2020 approaches and we attract a global audience to the diversity, flexibility and magnitude of the emirate’s property offerings. This optimism is already very apparent in our own development, Falconcity of Wonders, which has been enjoying high demand and interest especially with its mega complex ‘City of Wonders’ proposition that complements Dubai’s global appeal as a leisure and lifestyle destination. Dubai continues to be one of the best places for real estate investors, developers and buyers to do business with, now and in the long term.”

Occupying more than 41 million square feet, Falconcity of Wonders is a sprawling residential, tourist, entertainment and recreational complex shaped in the form of a Falcon in tribute to the UAE’s emblem, cultural and heritage. The mega development embraces the cultures of the world with its contemporary and unique structures that are inspired by the “Wonders of the World” –  including the Leaning Tower of Pisa, the Eiffel Tower, the Pyramids of Giza and the Hanging Gardens of Babylon to name a few.

Villas inspired by international architectural themes will form part of Falconcity of Wonders’ over 5,500 residential apartments and villas of various designs, locations and sizes. Commercial centers, a signature ‘fun city,’ family centers, sports facilities and schools are also included in the project’s master plan.

Dubai Properties’ Mudon Townhouses Sold Out at the International Property Show 2015

 Strong Response Reflects Developer’s Commitment to Address End Users and Investors’ Needs for High Value Property Offerings in Dubai

UAE, April 1, 2015 – Dubai Properties, a leading real estate developer, has successfully sold out all its four-bedroom townhouses in its upscale Mudon development, during its participation at International Property Show 2015, which was held at the Dubai World Trade Centre. Launched during the second half of last year, the 120 units ranging from 3,786 to 3,800 square feet were sold out during the event.

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The overwhelming response is a testament to the developer’s commitment to provide solutions that cater to the needs of end-users and investors who are looking for value for money properties in the emirate.

Abdulla Abushabieb, Executive Director Sales and Customer Care at Dubai Properties, said: “After we launched the Mudon development, the first phase of the residential units were immediately sold. At the recent International Property Show, buyers also evinced strong interest in the remaining 120 townhouses released in summer of 2014. We attribute this sellout response to the community’s value for money proposition as compared to other offerings within the same segment.”

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With prices starting from AED 2.5 million, the gated Mudon community is surrounded by beautifully landscaped neighborhood parks with easy access to various modern amenities. Since its launch last year, Mudon has become one of Dubai Properties’ most sought after projects and Dubai’s most popular residential communities.

In developing Mudon, Dubai Properties made sure that the upscale community will allow residents to lead a tranquil yet active and vibrant lifestyle. The company also tied up with GEMS Education to open a GEMS School inside the community by September 2016.

The community also offers amenities that will include cycle routes, jogging paths, play areas, a swimming pool, and a gym.  An attractive mix of retail outlets will also be available for the residents’ convenience.

Dubai Properties’ competitive edge is its unique residential and mixed-use developments in Dubai. Aside from Mudon, its portfolio of modern properties also includes the Jumeirah Beach Residence, The Villa, Layan in Dubailand, as well as The Executives Towers, Vision Tower and Bay Square in Business Bay.

Dubai Properties participates as a Strategic Partner of International Property Show 2015

By Anitha Lakshminarayanan

UAE, March 15, 2015 – Dubai Properties, leading real estate developer, has announced its participation as an exclusive Strategic Partner for the latest edition of the International Property Show, an annual pioneering event for real estate companies, as an exclusive Strategic Partner. An event for sales and promotion of properties to individual and institutional investors, the show will be held from March 30 to April 1, 2015 at the Dubai World Trade Center.

 

Dubai Properties will use this platform to launch new projects potential buyers and investors from the MENA region and beyond.

 

Mohammed Al Habbai, Chief Officer – Urban Planning and Infrastructure, Dubai Properties Group, said: “We have decided to take part in the International Property Show as an exclusive Strategic Partner as it will enable us to reach out to a global audience of investors and buyers who are looking to buy residential or commercial property in Dubai. The demand for the properties in the emirate has witnessed a tremendous growth in the last couple of years from both local and international investors and the Show will be a unique opportunity to showcase DP’s rich portfolio of unique properties spread across the emirate to them. We are confident that through our presence in the International Property Show, we will be able to leverage these demands from potential buyers and investors and covert into successful deals and at the same time, showcase the growth and development in the UAE’s real estate to a global audience.”

 

Dawood Al Shezawi, CEO of Strategic Marketing & Exhibitions, organizers of the International Property Show (IPS), said: “We are delighted to welcome Dubai Properties, one of UAE’s leading real estate developers, as exclusive Strategic Partner to the International Property Show. The presence of Dubai Properties’ quality and broad scale real estate portfolios at the show perfectly fits the direct-sales profile of International Property Show and offers end-users and local and international investors an ideal opportunity to explore great properties on offer in UAE. With Dubai Properties as our Strategic Partner, International Property Show also expects to further build the promotion and image of the UAE’s real estate sector on a global scale. The presence of strong international delegations from China and the KSA along with countries from Southeast Asia and Africa, among others at the show attending the co-located Annual Investment Meeting, will be a perfect opportunity to show and educate investors about the attractiveness of the UAE real estate sector.”

 

Held in conjunction with the Annual Investment Meeting, the International Property Show will enable Dubai Properties to improve its profitability and enhance its competitive edge. The special features of the event, including the Dubai Land Department Property Valley, the International Property Show Real Estate Forum and high-profile Networking Events will provide valuable opportunities for the company to reach out to an élite clientage of international investors, giving it an extensive regional and global brand exposure.

Please contact Anitha Lakshminarayanan-freelance writer (writer for Gulf News), Freelance Journalist at

anithaideas@gmail.com for covering an event, public relations writing, conducting interviews or advertising on this blog or to know more about my writing-visit

http://anithaideas.com/

 

 

Dubai Properties’ Dubai Wharf development draws tremendous investor response during the debut of Dubai Property Show in London  

By Anitha Lakshminarayanan

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UAE, March 4, 2015 – Dubai Properties, a leading real estate developer received an overwhelming response from property buyers and investors during its participation at the recently held Dubai Property Show 2015 at London’s Olympia. Welcoming the large number of visitors, the début edition of the exhibition was opened by H.H. Sheikh Mohammed Bin Maktoum Al Maktoum, First Secretary at the UAE Embassy in UK, in the presence of Emirati dignitaries H.E. Sultan Butti Bin Mejren,  Director General of Dubai Land Department (DLD), and Majida Ali Rashid, DLD’s Assistant Director General. The property show offered a unique platform for Dubai Properties to generate sales and inquiries for its landmark projects in Dubai.  During its participation at the recently held Dubai Property Show 2015 at London’s Olympia. Welcoming the large number of visitors, the début edition of the exhibition was opened by H.H. Sheikh Mohammed Bin Maktoum Al Maktoum, First Secretary at the UAE Embassy in UK, in the presence of Emirati dignitaries H.E. Sultan Butti Bin Mejren,  Director General of Dubai Land Department (DLD), and Majida Ali Rashid, DLD’s Assistant Director General. The property show offered a unique platform for Dubai Properties to generate sales and requests for its landmark projects in Dubai.

The Dubai Properties’ stand, which showcased its current portfolio of projects, generated a high number of footfalls during the three-day event.  Its AED 800 million mixed-use Dubai Wharf  specifically attracted strong interest from prospective investors. Located in the heart of Culture Village, Dubai Wharf  overlooks a canal promenade next to the historic Dubai Creek. Its unique and contemporary design, strategic location, and easy accessibility will put the modern development as the most sought-after lifestyle, dining and entertainment hub.

Abdulla Abushabieb, Executive Director Sales and Customer Service, Dubai Properties, said: “Dubai is a popular investment destination for British property seekers who are attracted to its tax-free economy, safe and secure living environment, and high standard of living. The Dubai Property Show was an excellent gateway for us to reach out to genuine investors and buyers and offer them our properties after assessing their requirements.”

“Dubai Properties’ registered  around 4000 visitors over the 3 days of the event, the  majority of who showed keen interest in our projects, especially in the residential segment. Dubai Wharf, in particular, received tremendous response from people who were looking forward to make Dubai as their second home. We are confident of converting the leads received during the show into actual sales,” added Abushabieb.

Dubai Properties has delivered some of the most popular residential and mixed-use developments in Dubai, including the Jumeirah Beach Residence, The Villa, Mudon and Layan in Dubailand, as well as The Executives Towers, Vision Tower and Bay Square at Business Bay.

Please contact Anitha Lakshminarayanan-freelance writer (writer for Gulf News), Freelance Journalist at

anithaideas@gmail.com for covering an event, public relations writing, conducting interviews or advertising on this blog or to know more about my writing-visit

http://anithaideas.com/