Category Archives: Journalist

TASWEEK to explore European investments & partnership opportunities for international projects at MIPIM expo in France

Possible oil price fluctuations to impact global real estate activities and investors behaviors

By Anitha Lakshminarayanan

UAE, March 09, 2015 – TASWEEK Real Estate Development and Marketing, an advisor and solutions provider serving the property markets, foresees possible shifts in regional and global real estate activities and investors reactions amidst the ongoing changes in oil prices. With barrel rates in the past six months at their lowest since the 2008 financial crisis, TASWEEK says that prime markets should prepare to adjust to the effects on property prices especially in the housing and commercial segments after observing changes in the investor’s options and markets.

Masood Al Awar - CEO - Tasweek

Masood Al Awar, CEO of TASWEEK, will share valuable insights on the Middle Eastern and European property markets and the strong potential for investments between the UAE and Europe in particular during the 2015 MIPIM real estate exhibition, conference and networking event running from March 10 to 13, 2015 at the Palais des Festivals in Cannes, France. He will refer to a recent survey indicating that UAE investors are one of the largest foreign groups buying low-cost investment property in the UK, accounting for a large 18 per cent. This reflects the growing interest in UAE-European real estate investment partnerships.

The TASWEEK head will discuss the property boom currently being experienced by non-oil producing countries and how Middle Eastern countries could avoid facing a market slowdown. Developers would benefit from expanding their market options and client bases as a cautionary measure. Al Awar will also present and offer prime projects in UAE, Malaysia, and Morocco forming part of TASWEEK’s diverse USD 250 million international portfolio to interested MIPIM participants from senior international investors.

Al Awar said: “While price drops in oil and variations in currency rates are triggering a real estate frenzy in many parts of the world, key markets could face a reverse slump in business. The best strategy is to anticipate unfavorable market changes and broaden horizons especially towards high-potential regions and plan to adopt new smart products and services that can match and sustain market’s growth.

MIPIM is an ideal platform to gauge the current industry landscape and forge dynamic and mutually beneficial partnerships and deals that are in sync with today’s market conditions. For our part, TASWEEK is well-positioned to tap its smart and innovative solutions to support numerous aspects of the real estate industry’s operations and functions. The sustained interest in our Malaysian and Moroccan projects reflects that there are still lots of opportunities out there for forward-thinking developers in the UAE and across the region to pursue.

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/

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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/

Azizi Developments will be displaying its projects to Ibn Battuta and Marina Mall AbuDhabi

AZIZI Developments have invested an estimated AED 4.5 billion in Dubai’s real estate sector                                                                 

UAE, 3 March, 2015 – AZIZI Developments, a leading UAE property developer will be displaying its competitive projects to Ibn Battuta and Marina Mall Abu Dhabi. The move is part of the company’s dynamic marketing strategy aimed at promoting its latest developments to a wider audience comprising the emirate’s residents and tourists.

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The stands will carry English and Arabic literature as well as an informative fly-through presentation of Azizi’s four residential buildings currently under construction and for sale in Al Furjan. Azizi Iris, the firm’s fifth project has been sold out, and the remaining four’s sales have reached 70 per cent. Azizi continues to carry out its marketing initiatives in line with its aim of bringing the firm’s projects right at the doorstep of its clients, locally and globally.

 

Ali Omar, CEO, Azizi Developments, said: “We chose these two commercial corridors because of their strategic locations. Ibn Battuta, particularly, is in near to our project site in Al Furjan. This allows interested clients to take a tour and observe the construction progress within minutes. Recently, we have witnessed an increased number of Abu Dhabi clients interested in properties in Al Furjan. The site is placed near Abu Dhabi and is accessible and convenient for those commuting to and back from work. So far, we  had very good response from Abu Dhabi investors, which is why we have decided to present our project in Abu Dhabi as well as in Dubai.”

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 to showcase latest line of projects at 2015 Dubai Property Show in London  

Leading developer to highlight its AED 800 million Dubai Wharf project

 By Anitha Lakshminarayanan

 

Dubai, UAE, 23 February, 2015 – Leading real estate developer, Dubai Properties (DP) announced its participation in the upcoming Dubai Property Show, which will be held from February 27 to March 1, 2015 at London’s Olympia.

 

Exhibiting alongside some of its contemporaries within the real estate industry, DP will be utilizing the event as a strategic sales platform to leverage its recent line of development projects—with the ability to reach out to over 2,000 visitors that are expected to attend the event.

 

DP’s stand is also expected to highlight its mixed-use Dubai Wharf project in the Dubai Creek district–a modern development undertaking that features a unique contemporary design overlooking a canal promenade adjacent to the historic Dubai Creek. The design, positioning and accessibility of the project make Dubai Wharf, one of Dubai’s future landmarks for leisure lifestyle, dining and entertainment.

 

Commenting on the news, Abdulla Abushabieb, Executive Director for Sales and Customer Service at Dubai Properties, said: “The Dubai Property Show provides its visitors with a comprehensive view and understanding of the real estate industry of Dubai and we have chosen to be part of this platform to showcase DP’s commitment to the future and development of Dubai as a global city.”

 

Abushabieb continued: “This is the perfect platform to display our diverse portfolio and communicate around our projects such as Dubai Wharf. We always look forward to exploring new market opportunities and are proud to be able to interact with customers and investors on a well-respected global platform like the Dubai Property Show.”

 

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/

 

 

 

 

AZIZI Developments to showcase UAE’s booming real estate sector & promote Dubai projects at Mumbai property exhibition

• Dubai property market witnessing robust demand from Indian buyers

By Anitha LakshminarayananAzizi Developers

UAE, 25 February, 2015 – AZIZI Developments, a leading UAE property developer, is joining the high-profile Times Property Expo 2015 in Mumbai, India to showcase the UAE’s booming real estate sector and the company’s portfolio of current and upcoming luxury projects in Dubai. AZIZI’s first-ever participation in the prestigious property exhibition comes at a time when a growing number of Indian investors are showing interest in real estate developments in the emirate. The event will take place from February 27 to March 1, 2015 at the Hotel Sahara Star in Mumbai.
During the exhibition, the company will feature one-, two- and three-bedroom luxury apartments with high-end European designs and finishing at Stand No. 38 in the hotel’s Sapphire Hall. This is a great opportunity to meet and greet with the Indian investors and showcase the projects that have seen a great increase of interest from Indian investors in Dubai. Developer’s projects and value-added services offer an affordable, but sophisticated and modern lifestyle and the company’s flexible payment plan schemes are in depth with buyers and decision makers.
Ali Omer, CEO, Azizi Developments, stated: “UAE is now increasingly becoming a destination of choice amongst Indian real estate investors and for several years in a row now Indian investors top the list in the Dubai real estate market. For our part, we have witnessed a strong interest in our reasonably priced projects famous for their unparalleled services and top-notch facilities. This prompted us to participate at the upcoming Times Property Expo 2015 in the city of Mumbai as we want to create long standing relationships with our current Indian investors, but also introduce our competitive projects and once in a lifetime opportunity to tap into Dubai’s booming property market. Besides exhibiting our own projects, we will be able to also highlight the many opportunities and strengths of Dubai and the UAE’s flourishing property industry.”
AZIZI Developments implemented five large-scale residential projects in Al Furjan in 2014. During the same year, its investments in the Dubai real estate market reached AED 4.5 billion. One of its developments, the AZIZI Iris, was sold out following its launch, while about 70 per cent of Azizi Liatris, Azizi Orchid, Azizi Yasamine and Azizi Feirouz have already been sold. Construction works for all the projects are now well underway since June 2014 and are on schedule targeted for completion by the end of 2015.
The five residential developments are located a few minutes away from the Al Maktoum International Airport, which will be the largest airport in the world and a short distance from the venue of World Expo 2020. Azizi projects are also near some of the emirate’s most famous tourist attractions such as Dubai Marina and Jumeirah Beach Residence/Walk. Through its sophisticated and elite properties, AZIZI strives to provide a unique living experience to its clients in the UAE, but also the rest of the GCC countries and now India as well.

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 hosts blood donation campaign at Ras Al Khor office in collaboration with Dubai Health Authority

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UAE, February 12, 2015 – In line with its ongoing corporate social responsibility (CSR) program, Dubai Properties (DP), a leading Dubai-based real estate developer, in partnership with the Dubai Health Authority (DHA), organized a blood donation camp on February 10, 2015 at its Ras Al Khor office. During the activity, over 50 employees across Dubai Properties Group (DPG), volunteered to donate more than 20 liters of blood that will be used to provide timely care to patients in need of urgent blood. DP hosts similar CSR activities regularly as they underline the company’s commitment to support community-oriented initiatives that not only enhance social well being but also encourage responsible living.Image 2 (1)

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/