Category Archives: Real Estate

Real Estate

ARA REAL ESTATE & DECA PROPERTIES JOINTLY UNVEIL AED 22 BILLION ARABIAN HILLS ESTATE

ARA REAL ESTATE & DECA PROPERTIES JOINTLY UNVEIL AED 22 BILLION ARABIAN HILLS ESTATE

DECA Properties Exclusive Sales and Marketing Partner For 244 Million Square Foot Master Development for the Abu Dhabi-based project

Abu Dhabi, United Arab Emirates

ARA Real Estate Development, a Core Holding subsidiary, proudly assumed the full development and management responsibilities for the Arabian Hills Estate during an exclusive event recently held in Madinat Jumeirah last night. DECA Properties will be the exclusive sales and marketing partner for this ambitious 244 million-square-foot project in Abu Dhabi.

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Real Estate

Danube Properties launches Dh. 2.4 Billion project in JLT – Diamondz

Danube Properties launches Dh. 2.4 Billion project in JLT – Diamondz

  • Diamondz – a luxurious project in JLT successfully marked a pioneering moment recently as it became the first venue in the Middle East to feature a gym equipped with superstar Salman Khan’s Being Strong Fitness Equipment
  • Fastest-growing developer Danube Properties brings another jewel in its crown – the 65-storeyed Diamondz – which comes with 40 plus amenities and its trend-setting 1 percent monthly payment plan
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Real Estate

LH1 GLOBAL LAUNCH THE SAIL, MALAYSIA – ONE OF THE WORLD’S MOST ICONIC LUXURY DEVELOPMENTS

LH1 GLOBAL LAUNCH THE SAIL, MALAYSIA – ONE OF THE WORLD’S MOST ICONIC LUXURY DEVELOPMENTS

International Launch Event Dubai UAE 24th April 2024

Making waves in Malaysia, as one of South East Asia’s most iconic buildings, The Sail, a spectacular flagship development delivered by the award-winning real estate developer, Sheng Tai International, is set to enter the world stage, with a prime collection of apartments, penthouses and suites launched onto the world stage by leading International Property Consultancy LH1 Global at an exclusive event held at Atelier M Lounge, Dubai Marinaon Wednesday 24th April.

The Sail, reaching 325 metres at its tallest point, will be larger than the Burj Al Arab and as high as the Eiffel Tower, and with 9 linked towers resembling a majestic ship fleet will make it one of the most recognisable buildings in the world. The Sail will also be home to the first Karl Lagerfeld Hotel Tower and Branded Residences in South East Asia, and the first of its kind in Malaysia. The first phase of luxury homes, available exclusively through LH1 Global, are located in the impressive Bay 3 and M Tower.

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Real Estate

EMIRATES REIT ACHIEVES HIGHEST EVER PROPERTY INCOME

EMIRATES REIT ACHIEVES HIGHEST EVER PROPERTY INCOME

Key Highlights for FY 2023

  • Total property income posted year-on-year growth of 10% to USD 74m, highest value ever
  • Operating profit rose 37% to reach USD 44m for the Financial Year
  • Net Asset Value grew by 34% to close at USD 500m – a NAV per share of USD 1.57
  • Value of Investment Properties increased by 18% to USD 924m
  • Total Assets crossed USD 1bn, to USD 1,037m
  • Occupancy across the portfolio increased by 1.7 p.p. to 86%
  • Finance To Value decreased by 7.3 p.p. to 43%

Thierry Delvaux, Chief Executive Officer of Equitativa

Dubai, 17 April 2024 – Equitativa (Dubai) Limited (“Equitativa”), manager of Emirates REIT (CEIC) PLC (“Emirates REIT” or the “REIT”), today reported FY 2023 financial results for Emirates REIT. The REIT experienced strong growth, with record property income.

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Real Estate

Central Park Towers, DIFC, Takes Office Spaces to the Next Level with the Introduction of Fitted Offices

Central Park Towers, DIFC, Takes Office Spaces to the Next Level with the Introduction of Fitted Offices – Level 2, Raising the Bar for Excellence

April 2024 – Dubai, UAE: Central Park Towers, the esteemed office and event destination in Dubai International Financial Centre (DIFC), proudly announces the launch of Fitted Offices – Level 2, a significant addition to its portfolio of premium office spaces. Scheduled for unveiling this month, this new offering continues Central Park Towers’ commitment to delivering unrivaled quality and convenience to businesses in the heart of DIFC.

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