Category Archives: DUBAILAND

Join Palladium Cluster C Towers in Jumeirah Lake Towers as they celebrate International yoga day tomorrow

By Anitha Lakshminarayanan

The bustling and ever-growing Jumeirah Lake Towers community ladies especially residing in the Palladium Cluster C towers, from all walks of life, gather to celebrate international yoga day tomorrow.

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“This event comes as an initiative to connect well with its own community as well as bring in yoga and spiritual practice in our lives,” says Neha Bhargava, organiser of this event and housewife who lives in Palladium Cluster C Towers

Sucheta, a yoga instructor who will lead the event has been practising yoga for more than six years “Yoga has changed the way of my life and has made me more calm and positive about life,” she said

“Yoga is a well-known mind, body and spiritual practice in India and we are really excited to do this activity tomorrow as this will not only improve our  physical well-being but also help us bond with one another in the community, “says Vandana, a housewife who lives in Palladium Cluster C towers

Palladium Cluster C towers

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With more than 200 units and about 100 families reside in Palladium apartments overlooking Sheikh Zayed Road, Palladium is the most sought after properties in Dubai that boast high ultra-modern mixed-use community living with 35 floors.

Please feel free to email anithaideas@gmail.com for further details and RSVP to this event at 0528921981

 

 

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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.

Dubai’s real estate sector fast track their stalled projects.

By Anitha Lakshminarayanan

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Dubai’s real estate sector fast track their stalled projects.

The revival of the market increase expectations of the original stakeholders.

As Dubai’s property market is heading towards a sustainable development. Several stalled projects are back on track. This turnaround comes as a rise in rentals, sales values and Investor sentiments.

With improved economic fundamentals in the country, the top 5 projects which are back on track are the opus set to be delivered in 2015. Taj Arabia that started in 2005 is set for completion in 2016. Jumeirah Village Circle will be delivered in 2016.The Pad in 2016 and the Living Legends in December 2014.

The upturn in the last 12 months has revived the fortune of several stalled projects as well. The improving market fundamentals brought in investors and specialists to take on construction either on their own or with the original developer.

According to market resources, more than 50 percent of the 100 affected projects have already gone through a transition.

Recent regulatory measures from the government have brought in sustainable development to Dubai’s fastest growing real estate. The regulation plays a major role in reviving the fortune of Dubai’s stalled projects as well.

More than 50 percent of the 100 odd, affected projects have already gone through a transition. In the first flush of revival of Dubai’s stalled projects, the processes were simple where in the investors would find a particular project that stood a good chance in an improving market place such as downtown, and business bay. Put up a proposal to the land department and see how they could square off the original buyers in the project.

Dubai Land Department has overseen the entire recovery process, were also fast tracking the transfer to a new set of investors. But here comes a challenge in the pace of the revival process as new investors get in now.

According to the top official from Global Capital Partners “The revival has been easier for small and medium-sized projects though difficult for larger projects in Dubailand.
“Moreover, the original stakeholder’s expectations have raised consonance with the revival of the market”.

In the flush of revival for Dubai’s stalled projects, the processes were quite straightforward. Now there’s a multiplier effect for those original investors who had paid a size-able amount of the upfront fee to get a discount on the sale price.

Some of the legal hurdles turn onerous in these stalled projects, however in Dubailand many stalled projects are gaining momentum in the revival process, and they plan to complete the project in 2016.
Market feedback also suggests that negotiations are on for larger stalled projects. The deciding factor would be to find common grounds among stakeholder’s expectations and what new investors are willing to pay.

Please contact Anitha Lakshminarayanan-freelance writer ( a 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/

Pacific Ventures shape up a residential community in DUBAILAND.

Face to Face with Mr. Parvez Khan,Chairman,Pacific Ventures
By Anitha Lakshminarayanan

Mr. Parvez Khan, a bold real estate developer from India with abundant knowledge of the property market in Dubai, speaks about their Dubailand project pacific village focusing on leisure and residential community in Dubai besides sharing his thoughts on the realty sector of Dubai.
Mr. Parvez Khan, a bold real estate developer from India with abundant knowledge of the property market in Dubai, speaks about their Dubailand project pacific village focusing on leisure and residential community in Dubai besides sharing his thoughts on the realty sector of Dubai.

Pacific ventures shape up a residential community from their Pacific Village project in Dubailand.
PLANS ON HOLIDAY HOMES IN THE FUTURE FROM THEIR PACIFIC VILLAGE VILLAS IN DUBAILAND

After the  Phase-II launch of their Burj Pacific signature apartments, Pacific Ventures, an Indian developer set in 2011 develops a residential community in Dubailand located next to the City of Arabia theme park.

Mr. Parvez Khan, Chairman, Pacific Ventures in an interview to Emirates Property-What’s your Property Cravings said “The Master Plan of Pacific village is designed by Mr. Manoj, an eminent architect with 15 years of experience from India and DUBAILAND officials were impressed with the layout and design of Pacific Village. It’s a gated community and close to the city of Arabia.”

“70% of our downtown project ‘Burj Pacific’ apartments are sold and we are also developing our project in Jumeirah village triangle and Jumeirah village circle that will be ready in December. Our Pacific Village Project will include 65 residential villas, 102 four-bedroom townhouses and a number of two-bedroom apartments and will be centrally located between Dubai International Airport and Al-Maktoum International Airport in the heart of DUBAILAND.”

The four-bedroom townhouses will come in two types, covering a minimum of 3,500-sq ft in size, the apartments will cover an area of 1,240-sq ft while the villas, starting from approximately 5,075 sq ft in size, will comprise of six bedrooms.

The entire development will span over 1.205, 915-sq ft. And will be fully equipped with a community center, open spaces, paved roads and parking spaces. Additional amenities will include a gymnasium and swimming pool and 900 sq ft retail outlet to serve community residents.

The overheated market of Dubai has slowed down to gain stability, inspiring confidence among investors and end-users.

“When we compare the market of 2008, the market is matured now. The old players who operated in the realty market for more than ten years are mindful about the current situation. Global crisis that hit in 2008 has given them a great learning to be watchful of the business around them.”

“It is more interesting to see the market now with all regulations in place, especially the property registration fee benefits the end-user and besides that a transparent market to operate.”

“All our transactions are systematic done via escrow account, certified by Rera.And we have a mixed bag of investors from countries like India, China, Pakistan and Russia.”

“When it comes to real estate, one has to plan long term, say about ten years that is when you yield more profit. And the real estate market is active when the population increases and now the demand for housing units will grow more as Dubai’s population is increasing rapidly. The supply what we have now will not be enough after ten years.”

Plans for Pacific Ventures include holiday home from Pacific village villas in the future

DUBAILAND, which is an international tourist hub, attracts millions of visitors to the global village, motor city and future developments include the city of Arabia theme park and much more.
“We are thinking of holiday villas in the future for which we have obtained permission. And this is a unique concept, wherein we can rent it out for short term to our clients as our townhouses are big with 5 bedrooms. If someone wants to rent it out we can help them too. Additionally, we might start a company that leases out the holiday villas.”

Anitha Lakshminarayanan

Please contact Anitha Lakshminarayanan-freelance writer(currently I write 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/