Category Archives: Real Estate

Real Estate

Reportage Properties to hold a special sales day in Dubai

Abu Dhabi, 27 September 2024: Reportage Properties, the leading UAE-based real estate developer, is holding a special sales day at the JW Marriott Marquis Hotel Dubai next Sunday, September 29.

The event includes various offers on specific projects, including an offer giving a 10% discount, with a 10% down payment, and 1% monthly installment until hand over, in addition to another offer that gives a 5% discount, with a 5% down payment, and 1% monthly installment until hand over, as well as the possibility of benefiting from a 15% discount when paying a 20% down payment, and 1% monthly installment until hand over.

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Real Estate

Conares to supply sustainable steel to build Victory Heights Primary School in City of Arabia, Dubai

DUBAI – September 25, 2024: Conares, the second-largest private steel manufacturer in the UAE, has announced its partnership with Interstar Education Services and Al Saraya Engineering Consultants for the development of Victory Heights Primary School in the City of Arabia, Dubai. The project highlights Conares’ ongoing commitment to sustainable development and its contribution to the region’s infrastructure through high-quality steel solutions.

As part of the collaboration, Conares will supply its specially made 18-meter rebar for the construction to Al Talaqi Building Contractor, who will execute the construction, ensuring the school meets all regulatory standards and delivers a modern, sustainable environment for students. In the construction phase, Conares has supplied 994 metric tonnes of rebar to Al Talaqi Building Contractor.

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Real Estate

UAE Poised to Attract Over 6,700 Millionaires in 2024, Unique Properties Capitalizes with London Roadshow

26 September 2024, Dubai, United Arab Emirates: The United Arab Emirates is set to reinforce its position as a top global wealth magnet, with projections indicating it will attract over 6,700 millionaires this year, according to the Henley Private Wealth Migration Report 2024. This influx of high-net-worth individuals (HNWIs) is driving a boom in the UAE’s real estate market, particularly in Dubai, where British investors have now surpassed both Indian and Russian counterparts to become the leading property buyers.

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Real Estate

Nakheel awards AED 1.8 billion construction contract for Como Residences

Dubai, United Arab Emirates, 23 September 2024: Nakheel, a member of Dubai Holding Real Estate, has awarded an AED 1.8 billion contract for the construction of exclusive residential tower Como Residences on Palm Jumeirah to ALEC Engineering & Contracting LLC, renowned for its expertise in delivering high-value projects.

Scheduled for handover in Q2 2028, the 75-storey residences will stand over 300 metres tall and offer just 81 residences, ranging from two- to seven-bedroom apartments, including a spacious duplex penthouse. A maximum of two apartments occupy each floor, providing an exclusive lifestyle for residents, served by access-controlled elevators leading to private lobbies. This distinctive design means that each apartment enjoys a breathtaking 180-degree view of the sea and skyline, while apartments placed from level 23 and above have an extraordinary 360-degree panoramic view of Jumeirah Burj Al Arab to the east and Ain Dubai to the west, making Como Residences one of the most unique living experiences in Dubai.

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Real Estate

City Developers Real Estate Launches Its Second Project (Allura Residences) in Jumeirah Village Circle

Dubai, September 2024

City Developers, a global leader in real estate development for over a decade, has announced the launch of its second project, Allura Residences, which will stand as an architectural landmark.

In this regard, Mr. Othman Tariq, Director of the Sales Center at City Developers, expressed that Dubai has established itself as a prime global destination for real estate investment. “We will continue to develop more projects here. We are here to stay, God willing, due to the strong support from Dubai’s government for developers and other stakeholders, particularly customers who feel secure when dealing with and purchasing properties in the city.

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