Tiger Properties launches the luxurious condominium Tiger Towers
Wednesday, September 17, 2008
Tiger Properties have announced the launch of its latest project, Tiger Towers at the core of Dubai Waterfront development.
The twin condominium towers, 170 and 185 meters in height, will be located at the Madinat Al Arab of the Dubai Waterfront development. The towers would cover a built-up area of 121,500 square meters and the buildings will be joined together by 3000 square meters of retail space at the street level and a four-storey podium building.
The towers will also share four levels of underground parking. The towers will the exclusive corner units that offer breath taking views while also maximizing daylight exposure. The towers have a wide array of amenities, including children's playroom, concierge services, club facilities, lounge for relaxing, a spa, exercise room and swimming pool. The club facilities also include roof-top restaurant at the 48th floor and landscaped areas on the ground level.
The CEO of Tiger Properties, Taha Mohammed, said "With Tiger Towers we will establish a new benchmark for buildings in the Waterfront district - one of the most successful urban neighborhoods of Dubai."
According to Tiger Properties, this high-rise project is an icon in the city, likely to be the most luxurious urban condominium building in Dubai.
Social BookmarkingThe twin condominium towers, 170 and 185 meters in height, will be located at the Madinat Al Arab of the Dubai Waterfront development. The towers would cover a built-up area of 121,500 square meters and the buildings will be joined together by 3000 square meters of retail space at the street level and a four-storey podium building.
The towers will also share four levels of underground parking. The towers will the exclusive corner units that offer breath taking views while also maximizing daylight exposure. The towers have a wide array of amenities, including children's playroom, concierge services, club facilities, lounge for relaxing, a spa, exercise room and swimming pool. The club facilities also include roof-top restaurant at the 48th floor and landscaped areas on the ground level.
The CEO of Tiger Properties, Taha Mohammed, said "With Tiger Towers we will establish a new benchmark for buildings in the Waterfront district - one of the most successful urban neighborhoods of Dubai."
According to Tiger Properties, this high-rise project is an icon in the city, likely to be the most luxurious urban condominium building in Dubai.
Labels: Commercial Property, New Developments, Water front
Ferretti, ACI launches Ferretti and Pershing luxury waterfront residences
Saturday, August 30, 2008
The Ferretti Group, together with ACI Real Estate has launched two luxury waterfront residences - Ferretti Luxury Beach Residence, and Pershing Luxury Beach Residence.
This freehold ownership project, named as 'Marine ', is worth about Dh.6bn, covering about 1,969,607 square feet of saleable area at the Waterfront.
The twin tower, with its landscaped gardens, set amidst canal and sea views, offers the latest in amenities such as pool, fitness center, sauna and Jacuzzi, with eight luxury yachts per brand for residents to charter at their preferred rates. These yachts will be purchased by the ACI Group.
The twin tower Ferretti Beach Residents will include 44 storeys each, while the Pershing Luxury Beach Residence will have 41 storeys, apart from individual retail units at the ground floor of each tower.
The project is slated for completion by 2011. Robin Lohmann, the Managing Director, ACI Real Estate, said that this deal has strengthened the vision of the company in bringing world-class luxury living to Dubai. The Ferreti Group has been a pioneer in luxury brand for decades now. ACI Real Estate seeks to blend Ferretti's expertise into realty projects of the company, and provide customers with best of both worlds.
The Ferreti Group is renowned globally for its high performance luxury yachts. This partnership with ACI is another instance of its effort to create a unique concept to add tangible and intangible value to its offerings.
Social BookmarkingThis freehold ownership project, named as 'Marine ', is worth about Dh.6bn, covering about 1,969,607 square feet of saleable area at the Waterfront.
The twin tower, with its landscaped gardens, set amidst canal and sea views, offers the latest in amenities such as pool, fitness center, sauna and Jacuzzi, with eight luxury yachts per brand for residents to charter at their preferred rates. These yachts will be purchased by the ACI Group.
The twin tower Ferretti Beach Residents will include 44 storeys each, while the Pershing Luxury Beach Residence will have 41 storeys, apart from individual retail units at the ground floor of each tower.
The project is slated for completion by 2011. Robin Lohmann, the Managing Director, ACI Real Estate, said that this deal has strengthened the vision of the company in bringing world-class luxury living to Dubai. The Ferreti Group has been a pioneer in luxury brand for decades now. ACI Real Estate seeks to blend Ferretti's expertise into realty projects of the company, and provide customers with best of both worlds.
The Ferreti Group is renowned globally for its high performance luxury yachts. This partnership with ACI is another instance of its effort to create a unique concept to add tangible and intangible value to its offerings.
Labels: Luxury Homes, Water front
Desert Dream launches Dream Harbour residential tower at Dubai Waterfront
Saturday, August 16, 2008
Desert Dream Real Estate and Investments, one of the pioneer developers in the region, will launch their latest project, 'Dream Harbour', worth Dh.1.7bn, at the Dubai Waterfront, a community by master developer Nakheel.
The 48 storey residential tower, rendering a unique feel of Modern Arabia, would spread across 67,850 square feet of land space, covering total built-up area of 750,000 square feet, excluding car parking space. The prices would begin with Dh.1995 per square foot.
Being ideally located along the Palm Jebel Ali and the Arabian Gulf, the Dream Harbour is just adjacent to the beach on the main boulevard.
The development offers residents with three Souk style shopping galleries with architecture that keeps with local culture mosaic facades and historical arches. The rooftop which offers panoramic views of Waterfront has two swimming pools, a sauna and steam room.
The penthouses are complete with spacious living and dining area, piano rooms, grand lobbies, modern kitchens and en-suite bedrooms, all with their own private swimming pools and stunning sea views. Apart from penthouses, there are a variety of apartments including single, double, triple, and four bedrooms, with mixed single level and duplex options.
The Chairman and Chief Executive of Desert Dream, Mahmoud Khan, revealed that with this project, the portfolio of the company is about Dh.2.5bn.
The project includes amenities such as swimming pools, steam room, sauna and retail space.
According to Khan, although residents in Dubai complain about the high residential prices, Dubai is still cheaper than most other countries. Also the kind of lifestyle that Dubai renders, nobody else can. Moreover, Dubai has been referred to as "credit-crunch free-zone", referred Khan.
Desert Dream has no immediate plans to launch projects in other emirates, but has four more projects planned for Dubai. The three other developments in Dubai are in the Dubai International City, Business Bay and Discovery Gardens.
As for the green building regulations, Desert Dream plans to achieve a gold standard LEED rating through recycling water and cutting down on electrical output from air conditioning units by shading.
Located along the western shores of Dubai, the Waterfront will transform 1.4bn square feet of empty desert and sea, into an international community, for an estimated population of 1.5mn people, which is twice the size of Hong Kong Island.
Labels: Community, Nakheel, Residential, Water front
Construction of SkyGardens project begins at Reem Island
Wednesday, August 06, 2008
One of the leading property developers in Middle East, Plus Properties, together with Taahud General Contracting Company, has entered into a Dh.400mn construction contract for developing the SkyGardens project, a waterfront property at Reem Island in Abu Dhabi.
This deal makes way for commencement of construction of SkyGardens project, which is likely to turn out to be one of the most prestigious waterfront projects dotting the Abu Dhabi skyline, revealed a Plus Properties official. Enabling works of the project have already commenced.
SkyGardens is an iconic residential waterfront project, designed by renowned architect James Law, featuring a range of single, double and triple bedroom deluxe apartments, garden apartments and sky garden duplex villas.
The SkyGardens duplex villas feature amenities such as private swimming pools, luxurious interior and exterior finishing and suspended gardens. All units of the development open to sea view, with a 360 degree panoramic view stretching from the sea to Abu Dhabi's stylish skyline.
Located in a quite and upscale marina neighborhood at Reem Island, the development is linked to downtown Abu Dhabi by a bridge, and is just 20 minutes away from the Abu Dhabi airport.
Taahud is one of the major players in today's construction market, with a series of prestigious projects to its credit. The core management team of this Abu Dhabi-based company includes reputed industry professionals with decades of experience in local and regional construction sector.
Labels: Abu Dhabi, Al Reem Island, Construction Projects, Luxury Homes, Water front
Nakheel launches Veneto, first exclusive residential community in Waterfront
Wednesday, April 16, 2008
Nakheel, the most innovative real estate developers in the world, has announced the launch of Veneto, the most exclusive residential district in Waterfront.
Being the first community to be launched in the largest coastal realty development of the world, Veneto is so designed to create an exclusive waterside neighbourhood on the fringe of Waterfront City in Dubai.
Comprising limited numbers of villas and low-rise townhouses, Veneto features City Center living close to Sheikh Zayed Road, each home located within a reach of less than 2kms from the coastline.
Veneto will have 1400 villas and townhouses, and 1200 low-rise apartments in Dubai. The handover during the initial phase of the villas will be during second half of 2009.
The villas and townhouses will have abundant space around the development, apart from a range of amenities such as the community centers, mosques, nurseries, schools, community pools and health care, apart from wonderful and tranquil environment amidst landscaped parks, waterfront boardwalks, tree-lined walkways, waterways and marina.
The Waterfront Managing Director, Matt Joyce, said "Nakheel launches the first community in Waterfront with immense pride. As far as Dubai is concerned, it is exceptionally rare that villas are located in such a close proximity to city center. So Veneto has something very unique to homebuyers, and more so, because this is a waterfront project."
Labels: Community, Nakheel, Residential, Water front
Cirrus announces launch of Aquarius Gate
Tuesday, April 08, 2008
Cirrus has announced plans to launch Aquarius Gate, a Dh.3billion mixed-use project at Nakheel's Waterfront Development.
The development will be the first one at the waterfront to house commercial and residential units, apart from also being the first to have an approval for operational trust account from Nakheel, and also the first to gain approval to sell properties from the Dubai Land Department.
Aquarius Gate is a mixed-use development comprising residential and commercial units at Madinat Al Arab, in the heart of Dubai. The beachfront community in the Waterfront will be adjacent to the beaches, a Metro-station, restaurants, shops, parks and other amenities. One side of the development will feature an art wall, which depicts the various Islamic cultures from around the world.
The commercial tower of the development offers panoramic views of the Arabian Gulf and the Palm Jebel Ali from its 29 storeys. The residential tower, on the other hand, offers views across the Marina, the Canal and the Palm Jebel Ali. The residential tower will include single, double and triple bedroom units, apart from townhouses.
Aquarius Gate is the second major development by Cirrus in Dubai. The Celestial Heights in Downtown Jebel Ali was the first. The Waterfront, located along the western shores of Dubai, will transform the 1.4bn square feet of empty desert and sea, into an international community. It will serve an estimated 1.5mn population and will be twice the size of Hong Kong.
The development will be the first one at the waterfront to house commercial and residential units, apart from also being the first to have an approval for operational trust account from Nakheel, and also the first to gain approval to sell properties from the Dubai Land Department.
Aquarius Gate is a mixed-use development comprising residential and commercial units at Madinat Al Arab, in the heart of Dubai. The beachfront community in the Waterfront will be adjacent to the beaches, a Metro-station, restaurants, shops, parks and other amenities. One side of the development will feature an art wall, which depicts the various Islamic cultures from around the world.
The commercial tower of the development offers panoramic views of the Arabian Gulf and the Palm Jebel Ali from its 29 storeys. The residential tower, on the other hand, offers views across the Marina, the Canal and the Palm Jebel Ali. The residential tower will include single, double and triple bedroom units, apart from townhouses.
Aquarius Gate is the second major development by Cirrus in Dubai. The Celestial Heights in Downtown Jebel Ali was the first. The Waterfront, located along the western shores of Dubai, will transform the 1.4bn square feet of empty desert and sea, into an international community. It will serve an estimated 1.5mn population and will be twice the size of Hong Kong.
Labels: Community, Madinat-Al-Arab, Residential, Water front
Reclamation of Nakheel's Dubai Promenade project complete
Thursday, March 27, 2008
Nakheel has completed the reclamation of Dubai Promenade by placing the last rock on the project's breakwater. The breakwater, stretching 18kms, required 1 million tonnes of rock.Dubai Promenade is Nakheel's sophisticated waterfront project, which will form a virtual peninsula along the Dubai shoreline, inclusive of a spectacular five-star wheel-shaped hotel.
The Promenade, surrounded by marina, sea and a natural beach will offer panoramic views, idyllic walkways, and well-planned architecture, which render a unique residential and commercial environment.
The first phase sale of the Dubai Promenade was launched on 24th January 2008.
Nakheel, being one of the largest private real estate developers in the world, is a major player contributing to realize the Dubai vision for the 21st century, by offering a world-class destination for living, business and tourism.
Labels: Construction Projects, Nakheel, Water front
ACI, Ferreti Group sign deal for Marine Legends project
Monday, March 24, 2008
ACI Real Estate, an affiliate of Alternative Capital Invest of Germany, together with Ferreti Group, has ventured into a Dh.6bn worth luxury waterfront resident project, 'Marine Legends', at Dubai Waterfront.
The Ferretti Group has gained reputation for its luxury motor yachts such as Pershing, Itama, Ferretti Yachts, Riva, Apreamare, Bertram, Custom Line, Mochi Craft and CRN.
Robin Lohmann, the Managing Director of ACI Real Estate, said "Marine Legends reflect the growing demand for high-end residences and aims to provide an appropriate setting that combines the requirements and aspirations of the emirate to appreciate the waterline and improved water canal systems."
He continued "Ferreti Group, with its long heritage of innovation, integrity and industry leadership, shares the spirit of endeavour and dedication to excellence, with us, which perfectly fits our mission of upholding the highest standards."
The CEO of Ferreti Group, Vincenzo Connatelli, said "We have been thinking of UAE as our next destination for international expansion. The market, with its unique platform and a sound business environment, facilitates global and business investment. Dubai is all set to become a leading global business capital, and we are happy to join hands with ACI to be a part of this invigorate phase of growth."
Social BookmarkingThe Ferretti Group has gained reputation for its luxury motor yachts such as Pershing, Itama, Ferretti Yachts, Riva, Apreamare, Bertram, Custom Line, Mochi Craft and CRN.
Robin Lohmann, the Managing Director of ACI Real Estate, said "Marine Legends reflect the growing demand for high-end residences and aims to provide an appropriate setting that combines the requirements and aspirations of the emirate to appreciate the waterline and improved water canal systems."
He continued "Ferreti Group, with its long heritage of innovation, integrity and industry leadership, shares the spirit of endeavour and dedication to excellence, with us, which perfectly fits our mission of upholding the highest standards."
The CEO of Ferreti Group, Vincenzo Connatelli, said "We have been thinking of UAE as our next destination for international expansion. The market, with its unique platform and a sound business environment, facilitates global and business investment. Dubai is all set to become a leading global business capital, and we are happy to join hands with ACI to be a part of this invigorate phase of growth."
Labels: Luxury Homes, Real Estate Projects, Water front
Land reclamation in Waterfront Island 30% complete
Wednesday, February 06, 2008
Master Developer Nakheel says it has reclaimed 30 percent of the 400 hectare island, out of the world's most ambitious urban development project, 'Waterfront'. With an area of 1.4billion square feet, that is twice the size of Hong Kong Island and bigger than Beirut and Manhattan, Waterfront, constitutes 65 percent of current land-bank of Nakheel.
Managing Director, Matt Joyce, said "Being twice the size of Hong Kong Island, it is 13 kilometers by 7.5 kilometers in size, and a monumental project. It is an entirely new city, master-planned from scratch on a blank canvas."
Waterfront has the capacity to house 1.5million people, creating about one million jobs on its completion. The first five phases of the project are complete with hard labour put in by 20000 odd workers and 3000 construction vehicles. Waterfront, on completion will have 250 individual communities.
The amount of land being reclaimed per month is about 3.52million cubic meters, which is sufficient to fill-up Wembley Stadium thrice. Infrastructure and civil works has already begun on the first phase (Madinat Al Arab), while the work on the Palm Cove Canal, stretching 8kms, running parallel to the coast is 65% complete.
With the work on Burj Dubai, the world's tallest building, nearing completion, Waterfront on the other end, is already planning to build one such tallest building in the world, Al Burj, in downtown Madinat Al Arab.
Social BookmarkingManaging Director, Matt Joyce, said "Being twice the size of Hong Kong Island, it is 13 kilometers by 7.5 kilometers in size, and a monumental project. It is an entirely new city, master-planned from scratch on a blank canvas."
Waterfront has the capacity to house 1.5million people, creating about one million jobs on its completion. The first five phases of the project are complete with hard labour put in by 20000 odd workers and 3000 construction vehicles. Waterfront, on completion will have 250 individual communities.
The amount of land being reclaimed per month is about 3.52million cubic meters, which is sufficient to fill-up Wembley Stadium thrice. Infrastructure and civil works has already begun on the first phase (Madinat Al Arab), while the work on the Palm Cove Canal, stretching 8kms, running parallel to the coast is 65% complete.
With the work on Burj Dubai, the world's tallest building, nearing completion, Waterfront on the other end, is already planning to build one such tallest building in the world, Al Burj, in downtown Madinat Al Arab.
Labels: Construction Projects, Nakheel, Water front
Damac unveils Marina Bay in Abu Dhabi
Saturday, February 02, 2008
Damac Properties, has unveiled 24-storey Marina Bay, a green luxury development at Najmat Abu Dhabi on Al Reem Island.
The eco-friendly development promises a rejuvenating lifestyle, with added pleasure of owning a waterfront property, while bestowing one with superb views of the canal, which connects the whole development.
Positioned in just 300mts away from Abu Dhabi City Center, and 20 minutes from Abu Dhabi International Airport, the Marina Bay, is a mixed-use tower, with retail on the ground and mezzanine floors, offices at podium level, and penthouses and duplexes on the higher floors. The residential blocks of the development includes single, double and triple bedroom apartments with smart home technology, camera supervised covered parking facility on three podiums of the tower, and a 240hour resident's service and concierge service.
Other features include latest gym facilities, a Spa with sauna, steam and massages, yoga room, meditation room, children's playroom, pool, games room with pool table, football court, table tennis, carom and other indoor sports amenities. The retail blocks comprise top-class retail brands, restaurants, cafes and boutiques amidst landscaped surroundings. The commercial blocks can have access to hi-speed internet, business center, business lounge and the 240hour security cameras.
The Chairman of Damac Holding, Hussain Sajwani, said "The construction activity in Abu Dhabi is going on at a rapid pace, bringing about a considerable change in landscape, and this coupled with the construction boom and increasing population, makes Abu Dhabi an ideal investment destination and also a great place to live. The launch of Marina Bay in the capital, further strengthens our presence in the Abu Dhabi market and in the entire region."
"The development is so designed that it is likely to enhance the well-being of people, while maximizing water efficiency using intelligent integrated building management system," said Peter Riddoch, CEO, Damac Properties.
Damac has completed about 80 projects globally, and Marina Bay is their second project in Abu Dhabi.
Social BookmarkingThe eco-friendly development promises a rejuvenating lifestyle, with added pleasure of owning a waterfront property, while bestowing one with superb views of the canal, which connects the whole development.
Positioned in just 300mts away from Abu Dhabi City Center, and 20 minutes from Abu Dhabi International Airport, the Marina Bay, is a mixed-use tower, with retail on the ground and mezzanine floors, offices at podium level, and penthouses and duplexes on the higher floors. The residential blocks of the development includes single, double and triple bedroom apartments with smart home technology, camera supervised covered parking facility on three podiums of the tower, and a 240hour resident's service and concierge service.Other features include latest gym facilities, a Spa with sauna, steam and massages, yoga room, meditation room, children's playroom, pool, games room with pool table, football court, table tennis, carom and other indoor sports amenities. The retail blocks comprise top-class retail brands, restaurants, cafes and boutiques amidst landscaped surroundings. The commercial blocks can have access to hi-speed internet, business center, business lounge and the 240hour security cameras.
The Chairman of Damac Holding, Hussain Sajwani, said "The construction activity in Abu Dhabi is going on at a rapid pace, bringing about a considerable change in landscape, and this coupled with the construction boom and increasing population, makes Abu Dhabi an ideal investment destination and also a great place to live. The launch of Marina Bay in the capital, further strengthens our presence in the Abu Dhabi market and in the entire region."
"The development is so designed that it is likely to enhance the well-being of people, while maximizing water efficiency using intelligent integrated building management system," said Peter Riddoch, CEO, Damac Properties.
Damac has completed about 80 projects globally, and Marina Bay is their second project in Abu Dhabi.
Labels: Abu Dhabi, Al Reem Island, Damac Properties, eco-friendly, Penthouse, Water front
Nakheel announces Dubai Promenade, the latest waterfront community
Tuesday, January 15, 2008
The Dubai Promenade, the latest sophisticated waterfront community, announced by Nakheel, comprising 60 berths and own marina, is expected to create a virtual peninsula along the Dubai shoreline, along with a magnificent five star wheel shaped hotel.Encompassed by a marina, a natural beach and the sea, the Dubai Promenade will offer panoramic views and idyllic walkways, with its carefully considered architecture, which will create a different residential and commercial environment.
The project spreads over 25000 square meters of retail space, and about 17000 square meters of office space, with 2000 residential units accommodating nearly 10,000 residents.
Positioned between the Dubai Marina and the seafront, adjacent to Dubai International Marine Club (DIMC), the Dubai Promenade offers breathtaking views of The Palm Jumeirah, the Arabian Gulf and the coast towards the Jebel Ali Port.
The development emphasizes on open space, waterfront lifestyle, with expansive promenade opening up the seafront to visitors and residents. The entire waterfront will offer a selection of commercial and residential towers, restaurants, cafes and retail space.
The Senior General Manager, Dubai Promenade, Ali Bin Damithan, commented that the Dubai Promenade will now further enhance the international profile of the emirate, through its wheel-shaped hotel, which would be the centerpiece of attraction, as the unmatched structure and shape of the hotel will be so magnificent that no other skyline in the world offers something like it.
The construction of the development is due to begin during mid-2008.
Labels: Community, Nakheel, New Developments, Real Estate Projects, Water front
Waterfront Residences building contract awarded to Mammut Group
Monday, December 17, 2007
Nakheel, the Dubai-based largest and most innovative real estate developers in the world, has awarded the first building contract for residences at Waterfront to Mammut Group, an UAE-based building and construction enterprise.This will result in creation of first apartments and duplexes at the development, and is scheduled for completion by 2009.
Nakheel is developing an iconic portfolio of excellent landmark real estate projects in Dubai across a wide range of sectors like commercial, residential, leisure and retail. The developments of Nakheel would spread across more than 2 billion square feet of land, projected to be worth $60billion. On completion, the water front projects of Nakheel will cover about 1000 kms of Dubai's coastline.
Labels: Construction Projects, Nakheel, Water front
Barwa launches Ajman Corniche Residence
Tuesday, November 27, 2007
The Barwa Real Estate, a Qatari developer, has unveiled a group of seven interlinked towers in Ajman Corniche Residence, reports Gulf News.
The Ajman Corniche Residence, located on Ajman Beach Road comprises residential areas, shopping malls and entertainment centers, strategically connected to each emirate in such a way that it is 10 minutes away from Sharjah, 5 minutes away from Ajman and 30minutes from the Dubai Airport.
Ajman Corniche Residence is supported by the Ajman Government and is the freehold residential development of Ajman.
The interlinked towers ranging from single to four bedroom sea-view apartments, with a range of 1344 to 5909 square feet in size, comprises landscapes, gardens, and a hoard of other amenities such as sauna, pool, steam room, relaxation area, Jacuzzi, children's play ground, pavilion, and health clubs, all in a luxurious affordable setting meant for commercial or residential purposes or investment.
The project which is expected to be complete by 2010, is 100 percent owned by Barwa International.
Social BookmarkingThe Ajman Corniche Residence, located on Ajman Beach Road comprises residential areas, shopping malls and entertainment centers, strategically connected to each emirate in such a way that it is 10 minutes away from Sharjah, 5 minutes away from Ajman and 30minutes from the Dubai Airport.
Ajman Corniche Residence is supported by the Ajman Government and is the freehold residential development of Ajman.
The interlinked towers ranging from single to four bedroom sea-view apartments, with a range of 1344 to 5909 square feet in size, comprises landscapes, gardens, and a hoard of other amenities such as sauna, pool, steam room, relaxation area, Jacuzzi, children's play ground, pavilion, and health clubs, all in a luxurious affordable setting meant for commercial or residential purposes or investment.
The project which is expected to be complete by 2010, is 100 percent owned by Barwa International.
Labels: Ajman, Freehold Property, Real Estate Projects, Residential, Water front
The Palm Jebel Ali Water homes
Monday, November 05, 2007
The Palm Jebel Ali Waterhomes are indeed a unique and rare property, and if you are looking to invest or buy, then we will be privileged to guide you to the best location that suites your budget and meets your requirements.
The Waterhomes maintain the same design throughout, and are uniform in appearance, when looking at the master plan. The only difference is its location. They are created in the pattern of a poem and the words written in Arabic around the inner Palm, when read from above the sky, reads as "Take wisdom from the wise - not everyone who rides a horse is a jockey". While some of the houses appear away from the sea, the others are close to the land. While a few houses are open to sea views, the others have shoreline views. However, it is purely the matter of budget and choice.
Located between the Crescent and the Crown of the Pal Jebel Ali, the Water Homes are a range of elevated retreat homes, that resemble bungalows linked to each other with wooden boardwalks to create a 12kms circular chain. There are about 1060 Waterhomes, that boast of luxurious amenities, featuring private moorings for personal boats, which will be an asset for ocean lovers.
The Waterhomes maintain the same design throughout, and are uniform in appearance, when looking at the master plan. The only difference is its location. They are created in the pattern of a poem and the words written in Arabic around the inner Palm, when read from above the sky, reads as "Take wisdom from the wise - not everyone who rides a horse is a jockey". While some of the houses appear away from the sea, the others are close to the land. While a few houses are open to sea views, the others have shoreline views. However, it is purely the matter of budget and choice.
Located between the Crescent and the Crown of the Pal Jebel Ali, the Water Homes are a range of elevated retreat homes, that resemble bungalows linked to each other with wooden boardwalks to create a 12kms circular chain. There are about 1060 Waterhomes, that boast of luxurious amenities, featuring private moorings for personal boats, which will be an asset for ocean lovers.
Labels: Luxury Homes, Palm-Jebel-Ali, Water front
The World - most exclusive piece of real estate
Wednesday, October 24, 2007
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.
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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
RAK Properties, Millennium Group signs deal for managing Mina Al Arab Resort
Tuesday, October 23, 2007
The leading real estate developer in Ras Al Khaimah, RAK Properties, has entered into a deal with Millennium Hotels and Resorts, an international hospitality group, for managing the Millennium Mina Al Arab Resort in Mina Al Arab, the multi-billion realty development. At present, Millennium manages nine hotels in the UAE.
Mina Al Arab real estate development, launched in May 2006, is a Dh.10billion waterfront community, covering 30 square feet of the development, with a variety of facilities, ranging from residential buildings, hotels, marinas, and theme parks, to restaurants, shopping arcades and cafes.
The Managing Director of RAK Properties, Mohammad Sultan Al Qadi says "Millennium is the most recognized hospitality brands in the world. Millennium Mina Al Arab will be an exciting and refreshing experience for its visitors, as it is a combination of top quality hospitality of Millennium, with Mina Al Arab's emphasis on heritage and nature."
Mina Al Arab real estate development, launched in May 2006, is a Dh.10billion waterfront community, covering 30 square feet of the development, with a variety of facilities, ranging from residential buildings, hotels, marinas, and theme parks, to restaurants, shopping arcades and cafes.
The Managing Director of RAK Properties, Mohammad Sultan Al Qadi says "Millennium is the most recognized hospitality brands in the world. Millennium Mina Al Arab will be an exciting and refreshing experience for its visitors, as it is a combination of top quality hospitality of Millennium, with Mina Al Arab's emphasis on heritage and nature."
Labels: Mina Al Arab, RAK Properties, Ras Al Khaima, Resorts, Water front
Danat to venture into property development worth Dh.8bn in Abu Dhabi
Monday, September 17, 2007
Danat Hotels and Resort has revealed its plans to undertake a major property development on a premium coastal plot at Abu Dhabi. The Residential-cum-business micro-city, worth Dh.8 billion, is currently being constructed around the new Abu Dhabi National Exhibition Center (Adnec).
The announcement which came during the signing ceremony held at Adnec, included Shaikh sultan Bin Tahnoon al Nahyan, the Adnec Chairman, Abdullah Khalfan Al Romaithi, Manging Director of the National Corporation for Tourism and Hotels, and more such prominent government officials and Adnec executives.
The Danat project will be located on an area of 10,360 square meters, at the Al Khaleej Al Arabi Coastal road, across from the Waterfront Marina Zone, with a built up area of nearly 60,000 square meters. On completion of the Danat project, it will join Abu Dhabi's impressive line-up of hotels, commercial and residential towers, marina, retail zone and other mixed-use developments that enhance the local landscape.
"This development will add value to the meetings, conventions, incentives and events industry's development in Abu Dhabi. Danat Hotels and Resort is a company with strong national identity with UAE nationals as our shareholders. It is dedicated to the development of UAE, and Abu Dhabi, in particular. We are confident that our plans for this prime location will exceed expectations," said Abdulla Khalfan.
Social BookmarkingThe announcement which came during the signing ceremony held at Adnec, included Shaikh sultan Bin Tahnoon al Nahyan, the Adnec Chairman, Abdullah Khalfan Al Romaithi, Manging Director of the National Corporation for Tourism and Hotels, and more such prominent government officials and Adnec executives.
The Danat project will be located on an area of 10,360 square meters, at the Al Khaleej Al Arabi Coastal road, across from the Waterfront Marina Zone, with a built up area of nearly 60,000 square meters. On completion of the Danat project, it will join Abu Dhabi's impressive line-up of hotels, commercial and residential towers, marina, retail zone and other mixed-use developments that enhance the local landscape.
"This development will add value to the meetings, conventions, incentives and events industry's development in Abu Dhabi. Danat Hotels and Resort is a company with strong national identity with UAE nationals as our shareholders. It is dedicated to the development of UAE, and Abu Dhabi, in particular. We are confident that our plans for this prime location will exceed expectations," said Abdulla Khalfan.
Labels: Abu Dhabi, Al Raha Beach, New Hotels, Water front
Nakheel announces the handover of land at Madinat Al Arab
Friday, August 10, 2007
The Master Developer of Al Burj Real Estate, Nakheel, has announced that the handover of the first plots of the land will take place at Madinat Al Arab, in August this year.
The company had purchased seventy percent of the Phase I plots of the Madinat Al Arab worth AED 7 billion, making it the biggest investor in the development. The waterfront plots will be developed into districts comprising 10 to 50 storey buildings for resort, commercial and residential use. Nakheel is currently in the process of developing the infrastructure work of Madinat Al Arab, which will continue in parallel to the construction by other developers.
The Vice Chairman of Al Burj Real Estate, Abdul Rahim Al Zarooni said "We are proud to announce the handover of the first plots of the lands at Madinat Al Arab by Nakheel, which marks a significant development during our second year of operations. Out investments in Madinat Al Arab are inline with the strong demand in the real estate sector, which is limited to waterfront developments, in particular."
Al Burj Real Estate, is one of the biggest real estate investment companies in the region, with a net profit of AED 935million during of 2006. Madinat Al Arab project continues to generate huge demand from developers and investor alike. The project has drawn great interest from investors and developers alike and is competitively priced.
Madinat Al Arab will stretch along the natural beach front of Dubai, that borders Abu Dhabi and new Dubai, next to Jebel Ali Free Zone, the largest airport in the world. The downtown comprises of all key components of the masterplan with commercial, residential, mixed-use and amenity and resort zones.
Social BookmarkingThe company had purchased seventy percent of the Phase I plots of the Madinat Al Arab worth AED 7 billion, making it the biggest investor in the development. The waterfront plots will be developed into districts comprising 10 to 50 storey buildings for resort, commercial and residential use. Nakheel is currently in the process of developing the infrastructure work of Madinat Al Arab, which will continue in parallel to the construction by other developers.
The Vice Chairman of Al Burj Real Estate, Abdul Rahim Al Zarooni said "We are proud to announce the handover of the first plots of the lands at Madinat Al Arab by Nakheel, which marks a significant development during our second year of operations. Out investments in Madinat Al Arab are inline with the strong demand in the real estate sector, which is limited to waterfront developments, in particular."
Al Burj Real Estate, is one of the biggest real estate investment companies in the region, with a net profit of AED 935million during of 2006. Madinat Al Arab project continues to generate huge demand from developers and investor alike. The project has drawn great interest from investors and developers alike and is competitively priced.
Madinat Al Arab will stretch along the natural beach front of Dubai, that borders Abu Dhabi and new Dubai, next to Jebel Ali Free Zone, the largest airport in the world. The downtown comprises of all key components of the masterplan with commercial, residential, mixed-use and amenity and resort zones.
Labels: Latest News, Madinat-Al-Arab, Nakheel, Water front
Al Tajir plans to introduce five projects worth Dh.1.5billion
Saturday, May 19, 2007
Al Tajir Real Estate, a new player in UAE’s growing property sector, is planning to launch five projects with a combined value worth Dh.1.5billion. Among these a minimum of four developments will be developed in Dubai. The company has already purchased lands for these projects.
Although a new comer, the owner of the company, Al Tajir, is of the opinion that his firm will soon be recognized in the property sector of the country. He also mentioned that the company has announced the construction of Waterfront Residences worth Dh.800million at Reem Island in Abu Dhabi, through their sister concern Empire International Investments.
Al Tajir Real Estate plans to unveil the sale of their low-rising project housing, Fortunato with 291 units, comprising apartments and townhouses and a development value of Dh.390million.
The project with a built-up area of 637,686 Sq.Ft., will have studios priced at an average value of Dh.295,000; a single bedroom priced at Dh.538,538 and a two bedroom with a price of approximately Dh.682,722. The townhouses with four bedrooms will be priced at Dh.2.2million.
Al Tajir mentioned that a lot of care has been paid to every details of the project. Though, in the best interest of the end-users, the prices are kept low, these are not cheap properties, he added.
The project planned at the Jumeirah Village South by the company is expected to reach completion by mid-2009.
Al Tajir plans to focus its attention in Dubai, while its sister concern Emirate would focus on international and regional developments. In future, Al Tajir plans to launch projects that include the hospitality and commercial components.
Al Tajir mentioned that the company is shortly expected to announce the launch of a luxury five star resort, and another commercial project.
Although a new comer, the owner of the company, Al Tajir, is of the opinion that his firm will soon be recognized in the property sector of the country. He also mentioned that the company has announced the construction of Waterfront Residences worth Dh.800million at Reem Island in Abu Dhabi, through their sister concern Empire International Investments.
Al Tajir Real Estate plans to unveil the sale of their low-rising project housing, Fortunato with 291 units, comprising apartments and townhouses and a development value of Dh.390million.
The project with a built-up area of 637,686 Sq.Ft., will have studios priced at an average value of Dh.295,000; a single bedroom priced at Dh.538,538 and a two bedroom with a price of approximately Dh.682,722. The townhouses with four bedrooms will be priced at Dh.2.2million.
Al Tajir mentioned that a lot of care has been paid to every details of the project. Though, in the best interest of the end-users, the prices are kept low, these are not cheap properties, he added.
The project planned at the Jumeirah Village South by the company is expected to reach completion by mid-2009.
Al Tajir plans to focus its attention in Dubai, while its sister concern Emirate would focus on international and regional developments. In future, Al Tajir plans to launch projects that include the hospitality and commercial components.
Al Tajir mentioned that the company is shortly expected to announce the launch of a luxury five star resort, and another commercial project.
Labels: Al Reem Island, Jumeriah Village,