Dubai Real Estate News
UAE Property Market Trends and Reviews

Labels: Apartments, Luxury Homes, Villa Projects

Emaar could make a profit of Dh.2.2bn, once its new master development Warsan Villas is complete within three years time, revealed an industry analyst.

A contract worth Dh.599mn has been signed between Arabtec and Emaar to design, and develop 550 townhouses in the 3.4mn Square Foot development, located on Al Awir road. This implies cost of construction of each villa in Warson is a little more than Dh.1.08mn.

Emaar has not yet revealed the prices of the villas, although Warsan Estate has been rolled out on sale at a price of Dh.4.7mn for a townhouse. But, the local real estate websites indicate that Warsan three bedroom villas are priced at Dh.4.9mn to Dh.6.28mn.

This implies that Emaar is collecting minimum of Dh.4mn per villa on an average. Hence for the entire Warsan development, comprising 550 villas, Emaar is likely to gain a profit of Dh.2.2bn.
The construction of Warsan project will last for 30 months, with the villas being delivered phase by phase all through the construction period. Emaar now has four mega projects in Dubai, including the Dubai Marina, Arabian Ranches, Emirates Living and now, the Warsan.

Warsan Estate, spreading across 3.4mn Square Feet of space, is a residential community of villas. Warsan Estate would include 500 family homes on completion. The Warsan Estate features the usual high quality finish that all Emaar properties offer, being an excellent mix of amenities for residents. The spacious three bedroom townhomes range in size from 2463 Sq.Ft. to 2864 Sq. Ft. located amidst elegant landscapes.

The Warsan Estate townhomes feature slanted terracotta roofs, elegant arches, balconies, marble and granite countertops, ceramic flooring, bathroom, kitchen cabinetry, and grand bedrooms with ensuite bathrooms, and built-in wardrobes. The lifestyle amenities that are standard to Emaar, are also found in Warsan Estate, which includes a community plaza, full-fledged retail center, mosque and nursery school, Playcourts, swimming pool and shaded walkways.

With such huge demand for the Dubai properties, particularly villas, Warsan is likely to better fill in the shortage of family homes in the market. Located in close proximity to Global Village, Mushrif Park, and Dubai International Airport among others, Warsan is also easily accessible and connected to the Abu Dhabi, Sharjah, and rest of Dubai through Al Khail Road and Emirates Road.

Labels: Emaar, Residential, Villa Projects

Nakheel, a Dubai World Company which is one of the world’s largest real estate developers, together with a subsidiary to Shafar Group, Al Shafar Transport and Contracting Company, have entered into a contract for construction of 300 villas and terrace homes at Al Furjan development.

This contract is a milestone in the development of Al Furjan, followed by the last week's announcement of contract last week between Arabtec and Nakheel for Dh.3bn to build the first 1500 homes of the development.

Al Furjan offers a combination of traditional neighbourhood living, with spacious villas and terraced houses carrying immense open space and ample amenities.

Located towards 540 hectares south of Ibn Battuta Mall, and Discovery Gardens, and The Gardens, Al Furjan boasts about 4000 homes, apart from hotels, apartments, and commercial and mixed use plots in the developments surrounding Al Furjan, housing a total population of 90,000.

The construction is likely to commence during the third quarter of this year, and the delivery of residences will take place by the third quarter of 2010.

Labels: Al-Furjan, Construction Projects, Nakheel, Villa Projects

A leading UAE-based developer, Sweet Homes, has announced the launch of Dh.1.3billion development in Ajman.

The project includes seven commercial and residential towers, and 1504 villas and townhouses spread across 4m sq. ft., within the Dh.2.5billion 'Ajman Uptown' community development, which is likely to accommodate the first freehold residential villas in Ajman.

Sweet Homes will build five mixed-use luxury towers, including a 42,936 Sq. Mt. building - 'Heliconia', which comprises 352 studio, single and double bedroom flats, and 30 prime retail spaces on the ground floor. The other developments are the 'Iris' - a 22,741 sq. mt. development including 188 flats and 15 commercial spaces; 'Jatropha' - a 21,751 sq. mt. mid-rise structure including 184 residential and 14 commercial units; 'Kentia' - a 30,430 sq. mt. development with 224 residential flats, 28 business spaces; and 'Ludisia' - a 17,321 sq. mt. development with 148 apartments and 14 retail units.

Ajman Uptown will also include two office towers - 'Freesia' and 'Gardenia'. They will prove to be an ideal location for commercial and retail projects, accessible directly from the Emirates Road.

Spreading across 20,733 sqm, Freesia will house 152 offices and 13 showrooms, while 'Gardenia' which spreads across 26,619 sqm of space will have 212 offices and 16 showrooms. Both these towers will include a health club at rooftop, and basement parking facility.

The residential development will include amenities such as a healthcare center, school, fire fighting station, several mosques, health and recreation club, swimming pool, parks, shopping mall, retail shops, boutique offices, hotels, food courts all surrounded by a single 1.15km pedestrian pathway.

Labels: Ajman, Freehold Property, New Developments, Villa Projects

Escape, an equestrian community which is currently under development in Ajman, has now launched a new housing concept to the market, through the launch of Saddle Homes.

The Saddle Homes are two-storey residences that are more like spaciously designed small villas that blend convenience and ease of an apartment. Being attractively priced, they are positioned in configurations of four, and will be amidst creative landscaping in the eight million square foot project.

Saddle Homes are situated on a subtle rise, facing the expanse of the community, and feature private parking bays, gardens, terraces, community swimming pools, and the wooden fencing that retains a fusion of Arabian, Mediterranean and Ottoman design influences and color schemes.

The two-bedroom units offer slightly different floor plan variations, and maximize the use of natural light, offering Spanish terra cotta flooring and high quality finishing. All residential options are a true blend of modern comfort with top quality details, while also retaining the traditional Islamic and Arabian architecture.

The Escape Sales Consultant, Aadil Sher said "Saddle Homes has been conceptualized to fit a niche in the market. These homes are ideal as a starter home for young couples, professional singles, or a holiday retreat for residents of other emirates or abroad. They are designed in a manner that provides maximum space, good value, and are attractive and easy to care for. This is a winning combination."

Launched during early 2007, villas at Escape witnessed rapid sales. The Saddle Homes are the next sales phase of the project. Apart from the 140 Saddle Homes, Escape offers about 500 three to four bedroom villas, and terraced and low-rise apartments, due to be released for sale in a couple of months.

The development also includes a boutique hotel, Hoofbeatz Activities Center Clubhouse, an equine spa, several multipurpose indoor and outdoor sports or riding arenas, and a mix of health, sports, and leisure amenities all focused on family entertainment. Located adjacent to Emirates Road on the Sharjah and Ajman border, Escape is easily accessible to major urban business and transportation hubs in Dubai and other Northern Emirates.

Escape is set to break ground in May 2008, and is due to be complete by December 2010

Labels: Ajman, housing, Villa Projects

Aldar Properties, the real estate developer, has announced their Dh.1.2bn joint venture with Investment Holdings, a local company, to develop 'Al Khubeira' at its Al Raha Beach development.

The deal will develop an area of about 50,000 square meters. The Al Khubeira development will include waterfront villas and residential towers, open to both nationals and expatriates. Being developed on a reclaimed land at the Al Raha Beach complex, it occupies an area of 6.8 million square meters, with a total built-up area of 12 million square meters.

Al-Kubeira, which is due for completion during the first quarter of 2011, will have a world-class interior design, including ceramic, stone, timber, finishes, providing natural setting for residents.
Al-Khubeira will be a gated community, with state-of-the-art video entry system, a concierge serve and CCTV security.

The Al Raha Beach development is a beachfront project that is currently under development in Abu Dhabi, along the Dubai-Abu Dhabi highway. This development with be a new city district, expected to serve as a new gateway to Abu Dhabi city, housing 120,000 people.

Labels: Abu Dhabi, Aldar, Residential, Villa Projects

The leading real estate developer in Abu Dhabi, Aldar Properties, has announced completion of their first phase of Al Raha Gardens, a residential community in Abu Dhabi.

The first phase comprises 280 villas, which has been already sold, and is now partially occupied. The company has also completed 15 million safe hours on-site, without any accidents, revealed the company officials.


"Al Raha Gardens is one among the most prestigious residential developments of Aldar, which offers the first freehold properties to nationals in Abu Dhabi and UAE. We, as developers, respect the heritage of our Emirate, and have introduced two schools and a kindergarten, ensuring that Emirati customers get to enjoy a premium integrated lifestyle," said Ronald Barott, CEO of Aldar.


The town houses and villas are available on a freehold basis to UAE nationals. The handing over of keys to these spacious family dwellings, began during August 2007, and at present, 37 are occupied with 121 handed over to purchasers.


There is an ongoing construction in the remaining 1100 villas, and it is expected to be complete by 2009. The delivery of phase two is scheduled for February 2008.



The Head of health and safety division at Aldar, Andrew Broderick, said "Achieving these milestones has been a joint-effort from all those involved in the project, beginning from Senior management to site operatives, improving standards through education during all stages of construction."



The land bank of Aldar is the largest in Abu Dhabi with $60billion worth developments including the Al Raha Beach, Central Market, Noor Al Ain, Coconut Island, Yas Island project with Ferrari theme park and Warner Bros, and the Al Gurm Resort.

Labels: Abu Dhabi, Al Raha Beach, Aldar, Community, Villa Projects

The exciting response for Polo Homes developed by Emaar Properties, one again strongly highlights the need for luxury lifestyles and exclusive living in Dubai.

Villas being more sought-after, the elite Polo Homes, recorded unprecedented home-owner interest, the company mentioned in their statement.


Located within the Arabian Ranches, the Polo Homes, which are just 71 in number, is one of the most luxurious residential communities, ever launched by Emaar. It is a true reflection of the vast range of home options that the company offers to satisfy customer requirements. The owners of Polo Homes get to enjoy various membership privileges at the Dubai Polo and Equestrian Club, inclusive of access to modern clubhouse with specialty restaurants and spa, international equestrian events, an array of leisure and recreational facilities, and two polo fields.
The Sales Director of Emaar, Saif Al Mansoori says "Villas sell like hot cakes in Dubai, and the overwhelming customer response for Polo Homes, highlights the demand for exclusive homes with distinctive lifestyles. Polo Homes signify Emaar's competency to deliver fresh perspective to property development. The development has been created focusing on the requirements of residents, who enjoy being linked to the current equestrian-related events at their doorstep."
Apart from the leisure facilities at the Equestrian Club, the residents also get easy access to the Arabian Ranches Golf Course, schools, retail outlets, children play areas, and health and fitness amenities, located in close proximity within the Arabian Ranches development.

The two-storey villas of the Polo Homes remain detached, and comprise five to six bedrooms that reflect Andalusian architecture with every minute detail being taken care off. The villas possess spacious central courtyards, terracotta roof tiles and are spacious enough for unique and inspirational landscaping opportunities.

Polo Homes can be accessed from three ring roads that lead to Sharjah and Abu Dhabi. It is located in close proximity to the main centers of Dubai, including, the Dubai Internet City, Dubai Media City, and the Jebel Ali Free Zone.

Labels: Emaar, Luxury Homes, Real Estate News, Villa Projects

Victory Heights Golf Residential and Development LLC, has unveiled their show villas and onsite sales center at the Dubai Sports City.

Victory Heights, being the first residential Golf Estate in UAE, is a joint-venture between Arcapita, Bahrain based investment bank and Dubai Sports City, the first purpose-built sports city in the world, which include state-of-the-art sporting venues and academies alongside the luxury residences.

Labels: Dubai Sports City, Golf property, Villa Projects

Al Mazaya Holding has announced its plans to develop 600 villas worth Dh.1bn, in Dubailand.

The developer, last week, displayed the model picture of the villas to the investors. Dubai Properties are the master-planners of The Villa. The project, which was handed over to Al Mazaya after completion of infrastructure works by the main developer, was awaiting bid from contractors for constructional works. Now the contracts have already been awarded, and the work has commenced.

Al Mazaya plans to complete The Villa within 18 months, while providing a marketing tool for the project owners. Three models have been designed by the company, specifying the finishing and furniture. These models can be utilized by owners to facilitate their choice of specifications, after looking at available options.

The interiors and layout work has been awarded to Spanish Interior Designer, Perla Lichi, to build luxurious home interiors and layout for necessary specifications of the project.

Labels: Dubailand, Investment Property, Luxury Homes, Villa Projects

The world's first 'Fashion Island' Isla Moda, was launched in Dubai yesterday, by Dubai Infinity Holdings (DIH).

Being an iconic mixed-use development, the Isla Moda, will have themed residential villas, fashion resort, haute couture boutiques, luxury hospitality, all in a single development, with an aim to establish Dubai as a global fashion hub.

Renowned fashion designers from various continents will take up the designing of each element of the development.


The DIH, which was launched in December 2007, intends to increase the diversification of UAE economy through their strategic investment in lifestyle, entertainment, real estate, healthcare, education, IT and other sectors. Isla Moda depicts the commitment of the company towards non-conventional investments, with innovative, high-growth potential.


The CEO of DIH, Samira Abdulrazzak, said "Isla Moda will get to be known as the central fashion district of the entire region, and will be home to top fashion luminaries in the world. It will make a significant impact not only within the international real estate community, but, also within key fashion and leisure segments."


Isla Moda will combine luxury with style to attract the world's fashion elite. Ideally located on The World, it will be the ultimate in fashion experience, offering bespoke living, shopping, dining and entertainment to people, said Abdulrazzak.


Isla Moda will offer top-quality service to residents and guests for perfumery, clothing, personal style makeover, and design concierge, to create a kind living environment, with bespoke furnishings, technology and art.


Isla Moda will comprise a fashion hotel and variety of themed residential villas. The hotel will have about 250 rooms and serviced apartments, along with boutiques, design studios and dedicated areas for banquets and functions. Each area will be designed based on the needs of fashion connoisseurs and fashion industry in mind. Adjacent to the residential collection, there will be Beach, Royal and Water Villas. The villas offer a unique experience, with one-of-a-kind private beaches, pools and unique residential accessories.


There will also be exclusive international events featuring high-profile designers, product launches and fashion shows in the island.


The first stage of development will begin by fourth quarter of 2008.

Labels: Dubai City, Fashion-Island, New Developments, Real Estate Projects, Villa Projects

The Jumeirah Park , together with Nakheel's Jumeirah Islands are a community of family villas in beautiful surroundings, specifically designed to offer environmentally friendly living in the heart of new development area. The Park, located in close proximity to the emirates Golf Club, is easily accessible from Emirates Road and Sheikh Zayed Road.



With a wide choice of 2000 odd three, four and five bedroom villas, built within and eco-friendly environment, the Jumeirah Park is a project that is appealing to public. The villas have a wide range of sizes ranging from 3569 square feet to 5479 square feet of space, and each of these comes with its own Private Garden, Standard Private Pool, Car Ports, and a Standard Private Pool for larger villa categories.

The villas have the latest in communications, internet and entertainment. The villas are finished to the highest standard, and include the best facilities and luxury fittings within the community. With landscaped gardens and parks spread throughout the entire development, residents get to enjoy cycling and jogging as there are tracks for these events, and sufficient room for outdoor seating and exercise areas.

The development also features community center with cafes, shops and a pharmacy, as well as restaurants, shopping center and a promenade. There are also quite a few mosques, play areas and a kindergarten on the site.

The Jumeirah Park community promotes quality living in a healthy environment, with additional green measures such as the energy saving designs for villas, recycling, water features, and reduction in land, water, air and noise pollution. Residents at Jumeirah Park get to interact closely with nature, while also sustaining a good quality lifestyle.

Labels: Community, Luxury Homes, Villa Projects, Villas in Jumeira

The Dh.2.4billion Lifestyle City project in Dubailand, by ETA Star Group, will be formally launched on 13th November 2007, and the celebrated tennis player and style icon, Maria Sharapova, is expected to grace the occasion.



The Managing Director, Dubai Lifestyle City, Arif B. Rahman, while announcing the launch, mentioned that the celebrated tennis player, Maria Sharapova, represents the style, success and standard that a home-owner of Dubai Lifestyle City would yearn for, and that Sharapova's presence during the launch is a testimony to the importance that IMG Academies give to their Partnership with Dubai Lifestyle City.

The project has already received good response from investors across the globe, which is seeing results in the form of sales. The Dubai Lifestyle City in Dubailand, covers an area of four million square feet, and is considered to be a unique destination that offers its visitors and residents alike, with an enchanting lifestyle in a natural, calm and serene environment.

The project partners include the most respected international brands such as IMG Academies, JW Marriott, Microsoft and Cisco. The Lifestyle City has been designed in Tuscany style of architecture, by the celebrated Beverley Hills designer, Tony Ashai.

IMG Academies, the world-class sport institution, well-known for training top sport celebrities like Monica Seles, Jim courier and Andre Agassi, will now bring about the world-class training facilities for all sports, particularly the golf and tennis, to the entire region.

Labels: Dubai Lifestyle City, Dubailand, ETA-Star, Residential, Villa Projects

India's largest Engineering, Technology and Construction Conglomerate, Larsen & Tubro Limited (L&T), together with Eastern International LLC, a leading contractor in UAE have entered into a joint-venture to develop 'Victory Heights', a signature residential golf course villa community in Dubai Sports City.



'The Victory Heights' community, worth Dh.558mn, covering 25mn Sq. Ft. of space, would comprise of 935 well-designed villas and town houses in and around the Golf Course in Dubai Sports City.

The iconic realty development will have 295 grand villas, positioned in the Calida, Carmen, Novelia and Morella villages of the Victory Heights community in Dubai Sports City. The villas depict eleven different styles, incorporating the European, Spanish and Mediterranean style architecture.

The 18-hole Signature Golf Course is designed by Ernie Els, the world-renowned golfer, and is further complemented by Butch Harmon Golf Academy. To pep up the whole community, tennis legent David Lloyd, also plans to set up his tennis academy and clubs within this community.

The President-Construction, L&T, K.V. Rangaswami, mentioned that their joint-venture with Eastern Contracting is the ideal decision, as the project would offer the best of amenities, and a distinctive unparalleled lifestyle. The project could prove to be a major boost to the region's landscape.

Labels: Community, Dubai Sports City, Golf property, Villa Projects

The 23 hectare freehold residential development, Uptown, is a one of a kind development in the heart of the busy and popular Midrif area, with a shopping district and neighbourhood atmosphere, all in one place. Residents are placed with a wide choice of apartments, townhouses and villas to choose from, all of which are completed, apart from about 350,000 square feet of retail shopping space.



Uptown provides the right environment for small families with a choice of three bedroom town houses and row houses, surrounded by quiet streets and gardens. With the Commons recreational center, clubhouse, swimming pool, children play areas and seating areas and a gym that surrounds the environment, residents can easily keep themselves occupied.

The apartments are of four different types - the Terrace and Garden apartments with two bedrooms, offering outdoor space of living in a villa, and Gate and Courtyard apartments that comprise studios, single and double bedroom apartments.

The retail area offers much more for residents to enjoy, apart from the numerous amenities that are available. A covered porch which leads to open-style walkways, restaurants, shops, cafes, medical center, supermarket, cinemas and amusement areas, and a family food court, all in a relaxed environment for one and all to enjoy. Life in Uptown Mirdiff is all about comfortable and safe living, amidst a wealth of amenities in a neighbourhood that is full of activities, with the residents enjoying life to the fullest.

Labels: Apartments, Freehold Property, Mirdiff, Villa Projects

The World is considered to be the most extravagant project by Nakheel, with an archipelago of 300 manmade islands, set to be another icon for Dubai. With islands located just off the shore of Jumeirah beach, it is the most exclusive piece of real estate that one can own. The islands are constructed using the same techniques as in other popular Nakheel developments, the Palm Jebel Ali and the Palm Jumeirah.



The islands are so arranged as to form a globe, and draws attention from celebrities, wealthy businessmen, and even royalty to purchase a major island representing a specific country. Only recently, the island of Greece has been sold for $15.5mn dollars to an anonymous bidder in Greece. Depending on the location and size, the islands are priced anywhere between $15mn and $50mn. However, it caters only to the super-rich. The placement of infrastructure is left to the choice of the buyers, and this has resulted in the islands being pursued for residential and tourism purposes.

The only form of transport to the island is by boat and sea plane, hindering access to authorized visitors or residents, and this unique selling point has led to more than 60% of the islands being sold already. Despite the expense, the opportunity to own an island is an idea that can be realized only in few parts of the world, and Dubai is one such place.

Labels: Luxury Homes, Nakheel, Real Estate Projects, The World, Villa Projects, Water front

Emaar Properties has launched the 'Polo Homes Community', an exclusive collection of villas at the Dubai Polo and Equestrian Club.

Located adjacent to the Arabian Ranches, the Polo Homes are limited in number, with just 71 polo fields, and makes one of the most opulent and impressive residential communities by Emaar till date. Residents could also enjoy the close proximity to Dubai Internet City, Dubai Media City and Jebel Ali Free Zone.

Apart from meeting the increasing demand for villas in Dubai, and being a part of the Arabian Ranches community, the Polo Club offers vast leisure facilities and easy access to the Arabian Ranches Golf Course. The residents at Polo Homes get to enjoy a range of amenities such as health and fitness facilities, retail outlets, schools, children play areas, all within the Arabian Ranches development.

The Polo Homes offer the option of choosing the interior themes between 'Classic' and 'Traditional', The decorative coving, hand-made Mashrebia screens, and contrasting marble inlaid floors are the features incorporated in traditional-themed homes, while the classic-themed homes includes understated elements of design from classic wall mouldings, displaying clean lines, hand-made joinery etc.

The 71 detached two-storey villas range from four to six bedrooms, with sizes ranging from 6,777 square feet to 15,563 Square Feet and plot sizes ranging from 15,551 to 39,611 Square Feet of space. The villas are placed alongside the polo fields of Dubai Polo and Equestrian Club, which stretches over a desert landscape of 68 acres, featuring a clubhouse, two polo fields, show jumping arenas, one practice filed and two riding fields.

Labels: arabian-ranches, Golf property, Residential, Villa Projects

Shaped like a Palm Tree, The Palm Jumeirah, consists of a trunk, a crown with 17 fronds, and a surrounding crescent island which forms a 11-kilometer-long breakwater. The island covers 5kilometers by 5 kilometers in area, and is larger than 800 football pitches. The mainland and the crown are linked by a 300-meter long bridge, and the top of the palm is connected to the crescent by a subsea tunnel.

By the next three years time, with the development of tourism phases, The Palm Jumeirah is touted as the premier resorts in the world. The Palm Island is the self-declared "Eight Wonder of the World". The island is expected to double the Dubai coastline. Currently, with the completion of most apartments and villas, the first residents have already moved in, and have begun experiencing the lifestyle of living in an island.

The Palm Jumeirah is expected to feature the best themed boutique hotels, beaches, restaurants, marinas, cafes and various retail outlets. More than 30 beachfront hotels will be opened towards the end of 2009, few of which include Atlantis, The Trump International Hotel and Tower, The Taj Exotica Hotel & Resort, The Palm, Tiara Residence, Grandeur Residences, The Fairmont Palm Residence, Tiara Residence, Oceana Residence, The Fairmont Palm Hotel and Resort, The Dubai Estates Hotel and Park, Hotel Missori, Dubai, Kempinski Emerald Palace, Kempinski Emarald Palace Residences.

Jumeirah Freehold property is already available to move in, which also includes Signature villas, Garden villas, Shoreline Apartments, Oceana apartments, Marina Apartments, Canal Cove townhomes and Golden Mile Apartments.

Apart from featuring unique designs that are finished to suit individual specifications, the Signature Villas, offer numerous other amenities including private swimming pool, a private beach, and access to all other facilities of the Palm residences.

Labels: Investment Property, Palm Jumeirah, Residential, Villa Projects