Category: Developers
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Al Habtoor Group reports strong first half, recording 19 per cent revenue growth in 2022 over 2021
UAE continues vigorous growth despite turbulent markets around the world Optimistic for the second half of 2022 Group declares 36 per cent growth in EBITDA for 2022 H1 DUBAI, UAE – 26 August 2022: Khalaf Ahmad Al Habtoor, Founding Chairman of Al Habtoor Group (AHG), the UAE-based privately-owned diversified business conglomerate, announced a robust performance…
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Azizi Developments celebrates first handovers in Riviera, MBR City
Dubai, United Arab Emirates, 24 August 2022: Azizi Developments, a leading private developer in the UAE, is celebrating the inauguration of buildings 2, 4, 7, 11, 12, 13 and 14, comprising 1,164 units, in the first phase of its flagship waterfront community project Riviera in MBR City, with the ribbon cutting ceremonies welcoming the developers’…
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Nakheel unveils Master Plan vision for Dubai Islands
Dubai, UAE; August 22, 2022: Nakheel, the Dubai-based world-leading master developer, has unveiled a new vision for Dubai Islands which will redefine the concept of waterfront living. Comprised of five islands with a total area of 17 square kilometres, Dubai Islands have been designed to enhance the wellbeing and lifestyles of residents and visitors. Aligning with…
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Northacre Properties landmark scheme in Central London, The Broadway, reaches completion
London, 18 August 2022– Northacre Properties, the leading super-prime property developer, announces project completion for their landmark London scheme The Broadway in the heart of Westminster, SW1. The destination is set to become the wellness capital of London. The UK property market is witnessing increased interest in Central London property from Gulf-based real estate buyers, thanks…
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Ellington Properties and Sol Properties launch Oakley Square Residences in JVC
Dubai, UAE; August 17, 2022: Ellington Properties, Dubai’s leading and award-winning design-led boutique developer, and Sol Properties, the real estate development arm of Bhatia Group, have launched a joint venture residential project, Oakley Square Residences, in Jumeirah Village Circle (JVC), under the Ellington Brand. The launch follows the recent partnership announcement between Ellington Properties and Sol…
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Fakhruddin Properties ‘Maimoon Gardens’ set to Redefine Sustainability
Dubai, United Arab Emirates, August 2022: Leading developer, Fakhruddin Properties, is gearing up to announce the launch of their latest residential project Maimoon Gardens with sustainability being the core focus while making a comeback into the Dubai Real estate market. With a promise of cleanest air in Dubai for its homeowners. Using a NASA based…
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ZāZEN Properties highlights real estate sustainability in the UAE
Dubai, UAE, Property News, August 2022: Homegrown real estate developer, ZāZEN Properties, is leveraging its expertise in sustainable property development to help realize key UAE initiatives such as the Dubai 2040 Urban Master Plan and UAE Net Zero 2050. After a January handover for its flagship project, ‘ZāZEN ONE’, which sold out in a few…
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DUBAI SOUTH PROPERTIES ANNOUNCES LAUNCH OF “SOUTH BAY”
The project comprises over 800 villas and townhouses and more than 200 mansions Dubai, Property B News: Dubai South Properties announced the launch of South Bay, a new master development in the heart of The Residential District at Dubai South. The new project will be home to over 800 villas and townhouses and more than…
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ARABIAN CENTRES ADOPTS FAIR VALUE MODEL, INCREASES NET ASSETS BY SAR 10.5 BILLION
Dubai, Property News: Arabian Centres Company “ACC”, the largest owner, developer and operator of contemporary lifestyle centres in Saudi Arabia, announced that its Board of Directors has approved on 29 June 2022 the adoption of the fair value model “FMV” to measure its real-estate and investment properties. The expected financial impact of which will increase the value of…
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Al-Futtaim Group Real Estate reveals Al Badia Terraces, a new residential project in Dubai Festival City
Dubai, UAE, Property News, 27 June 2022: Al-Futtaim Group Real Estate, the real estate development and operations arm of Al-Futtaim Group, has announced the launch of the Al Badia Terraces, a new residential development in the heart of Dubai Festival City’s Al Badia district. Al Badia Terraces encompasses a complex of residential mid-rise towers, with…
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