Category Archives: Real Estate

India’s Kaizen AI set to change theUS$1.36 trillion GCC real estate projects market

India’s Kaizen AI set to change the US$1.36 trillion GCC real estate projects market with AI and deliver more profits

With the use of innovation, cutting-edge technology and artificial intelligence, Kaizen AI is ready to increase profitability of the UAE’s engineering, construction and real estate sector and reduce carbon emission

 

Date: Dubai, UAE, September 21, 2023

 News Highlights:

 1.     Kaizen AI increases profit on average by 10.46 percent with average project delivers US$27 million increase in profits without changing design contours;

2. Kaiizen AI has delivered tangible profit increase of US$3.86 billion in 108 projects;

 3.     Kaizen AI reduced construction area by 4.32 million square feet and reduced 562 million metric tonnes of carbon emission in 108 projects;

4.     The UAEs built environment consists of 134,081,000 civil structures scattered across the country. Kaizen AI could change them with its innovative solutions;

 

Kaizen AI, a pioneering technology company revolutionising large-scale building projects with AI, has successfully optimised 108 projects across Asia including Dubai, providing almost US$4 billion increased profitability, is entering the lucrative GCC real estate market where planned and under-construction projects value stands at an estimated US$1.36 trillion.

Continue reading India’s Kaizen AI set to change theUS$1.36 trillion GCC real estate projects market

OMNIYAT to Bring Exclusive, Luxury Waterfront Living Experienceto the Heart of Dubai

OMNIYAT to Bring Exclusive, Luxury Waterfront Living Experience
to the Heart of Dubai

The leading visionary developer will apply its architectural flare and elevated lifestyle offering to a multi-faceted waterfront destination for the first time.

Dubai, UAE, 19 September 2023 – OMNIYAT, a leading visionary developer, has announced the acquisition of Marasi Bay Marina from Business Bay LLC. The purchase is the first of its kind for OMNIYAT and will see it translate its architectural mastery and elevated lifestyle curation from single properties to an entire exclusive, ultra-luxury enclave.

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Taraf announces the groundbreaking of its iconic residential property Luce on Palm Jumeirah

Taraf announces the groundbreaking of its iconic residential property Luce on Palm Jumeirah

Abu Dhabi, United Arab Emirates – 19 September 2023: Taraf, the real estate division of UAE-headquartered investment holding group Yas Holding, has completed the groundbreaking for its upcoming property Luce, an exquisite residential development located on Palm Jumeirah in Dubai.

The groundbreaking marks the start of the construction phase, bringing the project a significant step forward towards completion.

Taraf has partnered with award-winning MZ Architects and construction firm Asasat Aldhafra APCC Building Contracting – the latter started enabling works in August.

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The Tamkeen Real Estate Programme

The Tamkeen Real Estate Programme workshop empowers understanding of ‘Nafis’ and reinforces compliance with labour market laws

  • Organised by Dubai Land Department in Collaboration with the Emirati Human Resources Development Council – Dubai, the Ministry of Human Resources & Emiratisation, and the Emirati Talent Competitiveness Council (Nafis)
  • The workshop witnessed the participation of more than 160 representatives of jointly owned properties companies
  • The workshop marks the inaugural session in a series of forthcoming workshops designed to stay updated with the latest developments in this field and accomplish all necessary objectives.
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Summary of weekly real estate transactions for the week ending 15 September 2023.

Summary of weekly real estate transactions for the week ending 15 September 2023.

Dubai: The real estate and properties transactions valued more than 12.7 billion in total during the week ending 15 September 2023. The sum of transactions was 2,329.

 549 plots were sold for AED 4.25 billion, 1,780 apartments and villas were sold for AED 3.94 billion.

Continue reading Summary of weekly real estate transactions for the week ending 15 September 2023.