Category Archives: sale of property

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/

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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/

Tanmiyat Group fast track their living legend project in Dubai land.

BY Anitha Lakshminarayanan
Tanmiyat Group, a Saudi investment company and property developer fast track their AED 4 billion living legends project in Dubai land that was launched in 2006 before the global economic crisis that hit in 2008. And Plan to handover villas in the middle of this year.

Mr.Mohammed Bin Odah,CEO of Tanmiyat Group
Mr.Mohammed Bin Odah,CEO of Tanmiyat Group

“About 60-75% of the project is over and in the middle of this year, will hand over our villas. Phase-I concrete work is completed, and the infrastructure including the street lights are already done” said Eng. Mohammed Bin Odah, CEO of Tanmiyat group to Emirates Property-what’s your property cravings.

Located in Dubai land with a built up area of 6 million square feet, the project comprises of 500 villas,12 towers with 2200 apartments, three office buildings, a mall, three schools and a hotel overlooking the golf course.

He added “we will be attaching solar heaters to every villa of living legend and recently made an agreement with a district cooling company”.

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Tanmiyat showcasing their living legend project at a consumer property event in Dubai

As Dubai continues to recover with soaring property prices over the last two years, several stalled projects are back on track since then. Another cause for the spike in the real estate prices could be Dubai’s win of the expo 2020 bid.

Living Legends Project
Tanmiyat showcasing their living legend project at a consumer property event in Dubai

Eng.Odah said “After Dubai’s win of the expo 2020 bid, the response has been very good, and customers take initiatives to do their bookings and pay money. Now is the best time for those who have invested during the crisis, and now they can benefit from the yield as the appreciation is more”.

Dubai has a mixed bag of investors from all over the world and is well-known for its multicultural background. Now the market has matured to help the end-user and the regulations are in place. RERA(Real Estate Regulatory Agency of Dubai) has addressed the key issues such as the credibility of the developer, flipping, and with the wake of registration fees from 2% to 4% this year; this sector is easier to operate especially to end-users.

Mr.Odah urged “About 108 nationalities have invested in our project. Now it’s a regulated business wherein you cannot start selling if you do not give a bank guarantee of 25% .It builds confidence and Benefits the consumer”

“After central bank had approved, we signed an agreement with Al Noor Bank and two more banks are there in the pipeline. The funding from the banks helps us a lot as they collect money from the consumers once we start delivering the units to them”.

He concluded “At the moment,we are focusing on delivering the units this year and the project is 70% complete”

Anitha Lakshminarayanan

Please contact Anitha Lakshminarayanan-Freelance  Journalist at anithaideas@gmail.com for covering an event,conducting interviews or advertising on this blog or to know more about my writing-visit  http://anithaideas.wordpress.com/

Pacific Ventures begin sale of Phase-II of their signature apartments project ‘Burj Pacific’

IMG_0699Face to face with Mr.Miguel Guadalupe, Chief Operating Officer at Pacific Ventures

By Anitha Lakshminarayan

Burj Pacific sold its lower floor at the time of the announcement of the Phase-I launch last year and the higher floors are ready to be sold after Phase-II launch.

Dubai, UAE: Pacific Ventures, Indian Real Estate Company begin sale of their signature apartments Burj Pacific in downtown, Dubai after a formal launch of Phase-II at Emirates Towers  on the 8th and 9th of March.

“We recorded DHS 79 million worth of sales during the pre-launch of Phase-I of Burj Pacific,” says Mr. Miguel Guadalupe, Chief Operating Officer of Pacific Ventures to Emirates Property-what’s your property craving in an Interview.

He added “Within two months the ground floor will be ready; we have approved the contractor and will officially announce the name of our contractor for Burj Pacific after we get the approvals from Rera for our Pacific Village project in Dubai land located along the city of Arabia theme park”.

Real estate in Dubai is moving forward, and the trend is likely to continue this year and apartments dominate the demand in the property market of Dubai; however, there is a slight shift in focus as there is an increase of  20%  in the supply  of villas  this year.

Mr. Guadalupe  said “Pacific Ventures earlier projects include: Jumeirah village triangle and Jumeirah village circle which we bought from other developers are partly sold though we don’t advertise about them since they are easy to sell especially studio, and one bedroom move faster  in Dubai  although high-rises or 22 storey buildings like the Burj Pacific with more than 160 apartments or big communities need attention of how we can make the public aware about new concepts.As a business, we run in a very customer-friendly way and take our consumers to the site, update them about the progress of the project and  the marketing team sends them pictures of the development on a regular basis”.

As per Jones Lang La Salle,the property company there is more development towards central as well as in the south of Dubai and Jebel Ali.

Mr.Migeuel also said “ Many of the people working in Downtown, Dubai,plan to move into other areas such as Sport city, Studio city, Jumeirah Village triangle, Arabian Ranches and nearby locations which are also beautiful to live and they take a nice hike,by driving to work”  .

Indians top as  Property Investors of UAE

“It’s been more of an end-user business this time around and helps us as a more regulated market; the government is more involved and for the end-user, it’s more real now”.

“As everybody knows Indian community is the number one investors in the UAE closely followed by the Pakistani community and Russians are third. Indian community is big in the UK, Ireland and other parts of the world; they buy a property for investing as well as to gift homes for their kids”.

He concluded “we are going to stay residential now while we build quality, good size units and make it affordable which start from 1.3 million for 1 bedroom, 2 bedrooms is 2.4 million depending on the size.1 bedroom size are usually 1000 square feet; 2 bedrooms are 2000 square feet, and 3 bedrooms are close to 3000 square feet and  maybe 4 or 5 years later, we might look into mixed-units”.

Anitha Lakshminarayanan

Please contact Anitha Lakshminarayanan-Freelance  Journalist at anithaideas@gmail.com for covering an event,conducting interviews or advertising on this blog or to know more about my writing-visit  http://anithaideas.wordpress.com/