Category Archives: Real Estate

MERED announces strategic partnership with Pininfarina to develop ICONIC Tower in Dubai

MERED announces strategic partnership with Pininfarina to develop ICONIC Tower in Dubai

24 January 2024, Dubai UAE – MERED, a prominent international real estate developer, has officially announced its strategic collaboration with the globally renowned Pininfarina, an illustrious name in architectural design. This partnership will shape the future of Dubai’s skyline with the development of MERED’s flagship project “ICONIC Tower,” a symbol of ultra-luxury living in the heart of the city.

The ICONIC Tower, soaring to a height of 286.4 meters is poised to be the tallest building in Dubai Internet City, embodies the fusion of MERED’s innovative real estate approach with Pininfarina’s legendary design ethos. The ultra-luxurious tower aims to redefine living standards in Dubai, offering 311 exclusive apartments. World-class amenities spread across the building include a private lounge & dining room, an equipped gym, a private cinema, an infinity pool overlooking the sea, lounges & outdoor terraces, a jacuzzi, a sauna and much more. The tower will feature 423 dedicated parking spaces, including a limited number of exclusive, air-conditioned ones. Together, MERED and Pininfarina will harmoniously blend technology and beauty to create a breathtaking tower that will positively impact the growing cosmopolitan hub of Dubai.

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MAJID AL FUTTAIM BREAKS GROUND ACROSS TWO KEY PROJECTS AT ITS FLAGSHIP DESTINATION, TILAL AL GHAF

MAJID AL FUTTAIM BREAKS GROUND ACROSS TWO KEY PROJECTS AT ITS FLAGSHIP DESTINATION, TILAL AL GHAF

– Total contract value: AED 3 Billion

– Innovo Build LLC Secures Elysian Contract, Unec Leads Alaya Project

Dubai, UAE, 22 January 2024: Majid Al Futtaim Development, part of Majid Al Futtaim, has today announced the breaking of ground across two upcoming residential features in its flagship lifestyle destination, Tilal Al Ghaf.  The contracts, totaling AED 3 Billion, have been awarded for Alaya and Elysian Mansions, with both neighbourhoods anticipated to be completed by mid-2026.

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UAE Property Forum in Sao Paulo to Attract Investors from Brazil on January 29-30

UAE Property Forum in Sao Paulo to Attract Investors from Brazil on January 29-30

The Embassy of the United Arab Emirates hosts an Emirati Real Estate Forum with the participation of leading real estate developers

Dubai, UAE, January 20, 2024: The Embassy of the United Arab Emirates in Brazil and the Consulate General in Sao Paulo will host the first UAE Property Forum from January 29 to 30 at the Tivoli Mofarrej São Paulo Hotel, Brazil. This initiative aligns with the UAE’s efforts to attract foreign direct investment across various sectors, including real estate, and support tourism.

The forum is organized in collaboration with the International Property Show (IPS), a leading platform showcasing the latest developments in the real estate sector, promoting international cooperation, and exploring profitable investment opportunities. IPS, with a successful track record, will hold its 20th edition at the Dubai World Trade Centre from February 27 to 29, 2024, providing a unique opportunity for industry leaders, professionals, and investors to engage in meaningful dialogues and discussions, shaping the real estate landscape.

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Bayut – Dubai Property – Remarkable Sales and strong Rental Market Reports for 2023

Bayut – Dubai Property – Remarkable Sales and strong Rental Market Reports for 2023

Dubai’s Property Sector Ends 2023 with a Triumphant Turn, Marked by Unprecedented Booms as shown in report by Bayut, the UAE’s Market-Leading Property Portal

Dubai, UAE – January 2024: Bayut, the premier property portal in the UAE, has unveiled its 2023 Dubai Property Market Report, shedding light on the most coveted areas within the emirate’s real estate sector. Through their latest property market reports, Bayut has provided a valuable repository of data to property seekers, to help them enhance their decision-making, using comprehensive market intelligence.

Based on the search trends observed on Bayut, the upward trajectory of property prices in Dubai persists, establishing a favourable setting for sellers and landlords. This sustained uptrend aligns with the heightened demand fuelled by the influx of investors and residents, resulting in unprecedented growth in the real estate market.

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Espace Real Estate releases comprehensive data on sales and rentals across 30 well-known communities in Dubai

Espace Real Estate releases comprehensive data on sales and rentals across 30 well-known communities in Dubai

Espace Real Estate’s H2 report for 2023 reveals why more people are choosing to become homeowners, why sales transactions are up in more affordable communities and which communities have seen the biggest rental increases

Dubai, United Arab Emirates: 16 January 2024: A report published by Espace Real Estate has revealed some of the secrets behind the company’s 46% revenue growth in 2023.

Tracking the last six months of activity across 30 communities in Dubai and concentrating solely on the residential sector, the market insights report explains why transactions are down in some of Dubai’s most established communities and why the supply and demand imbalance in the secondary sales market is leading to substantial increases in the rental market.

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