Category Archives: Real Estate

Highlights

Completing within 8 months approximately 6km of Barrettes (90m deep shear walls) and 1 km of circular piles
Reserving 24,000 sqm of existing floor slabs
Reaching 33% completion milestone
Achieving a 6-day floor cycle of 4,000sqm composite slab
More than 2.5million working hours accident-free
Completion of BARETTE foundations at a record depth of 100m
Serviced by the world’s fastest vertical transportation 24 high-speed lifts travelling at 7m/sec

Dubai, UAE – Al Habtoor Group, a pioneer in the construction and real estate industry, is proud to announce remarkable construction progress at Al Habtoor Tower, poised to become a new icon on Dubai’s skyline. Under the visionary leadership of Khalaf Ahmad Al Habtoor, Founding Chairman of Al Habtoor Group, this landmark development has reached significant milestones that are setting new standards in architectural design and construction excellence.

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Real Estate

DAMAC Maison Aykon City Launches ‘It’s Your Home Staycation’ Campaign

August 11, 2024 uaenews247

Dubai, 9 August 2024 – DAMAC Maison Aykon City is thrilled to announce the launch of its ‘It’s Your Home Staycation’ campaign, offering guests an unparalleled home-away-from-home experience. As part of this exclusive offer, guests can enjoy 35% off the Best Available Rate across all room categories, ensuring an unforgettable stay for both leisure and corporate travelers.

Located in the heart of Dubai, DAMAC Maison Aykon City stands as a beacon of modern luxury and comfort, blending contemporary design with a warm, homely atmosphere. This unique positioning makes the property the preferred choice for those seeking a seamless blend of urban sophistication and the comforts of home. With its prime location amidst Dubai’s vibrant business districts and iconic attractions, DAMAC Maison Aykon City is perfectly situated for guests looking to experience the best of the city.

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Real Estate

MERED expands to Abu Dhabi with prime waterfront property on Al Reem Island

August 7, 2024 uaenews247

Dubai UAE, 7August 2024: MERED, the award-winning international premium real estate developer, continues its rapid expansion across the UAE by acquiring a prime waterfront plot in Al Reem Island, Abu Dhabi. This milestone shows MERED’s strategic growth ambitions and commitment to delivering state-of-the-art residential and commercial developments to multiple hubs in the country.

The newly acquired plot spans 11,890 sq, located in the vibrant and well-connected Al Reem Island. Known for its stunning waterfront views, lively community, and part of key financial hub Abu Dhabi Global Market (ADGM), the island provides an ideal setting for MERED’s next visionary project. The island has emerged as one of the top spots for premium apartments, with investor confidence soaring in H1 of 2024, according to Bayut.

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Real Estate

Asteco’s Q2 2024 Report Reveals Sustained Growth In the UAE Real Estate Market

August 7, 2024 uaenews247

Abu Dhabi,6 August 2024–According to the Asteco Q22024 real estate report, Dubai’s strong economy and attractive lifestyleremain major draws for expatriates. Dubai’sunderlying fundamentalsare robust, driven by high equity in the real estate market, continuedeconomic growth, infrastructure development and a growing population.

The report also highlights that Abu Dhabi’s real estate market is set for continued growth in 2024, supported by government initiatives and robust economic fundamentals. Meanwhile, the Northern Emirates are poised for sustained development, underpinned by strategic planning, attractive affordability, and increased investments.

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