#dubai developers

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Object 1 Launches ELAR1S Sky & Rise to Redefine Urban Living in Dubai’s JVT

Object 1 marked another milestone with the launch of its series of projects, ELAR1S Sky and ELAR1S Rise, unveiled at an exclusive gala dinner at Atlantis The Royal. Hosted by radio and media icon Kris Fade, the event gathered brokers and real estate professionals for an evening that reflected the developer’s growing influence in Dubai’s real estate sector. Both towers are located in District 3 of…

Object 1 Launches ELAR1S Sky & Rise to Redefine Urban Living in Dubai’s JVT

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Golf-Town-Damac-Hills-Dubai by Damac Properties

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REAL ESTATE FORECAST VS FACT IN THE HIGHEST BUILDING RACE

The real estate forecast vs fact of the Dubai industry is something must discussing thing. Due to the skyscrapers of Dubai, it has gained a

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SHEIKH HAMDAN APPROVES A PROPOSAL TO TURN DUBAI UNIVERSITY INTO FREE AREAS

A new plan for developing economic and artistic free zones at Developers in UAE universities has been approved by the Crown Prince of Dubai.

Sheikh Hamdan bin Mohammed Al Maktoum said the initiative would encourage students, as an integrated part of their higher education, to carry out business activities.

The goal is to help students with education and science, and to finance and pave the way for universities to become prosperous entrepreneurial employers, not graduate students.

The announcement was part of the 50-Year Charter, Sheikh Hamdan said, to ensure a sustained growth march that would make Dubai the best city in the world.

He was quoting. We take inspiration from the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, and the targeted potential growth areas he outlined in the 50-Year Charter.

When the plan for developing economic and artistic free zones in universities is approved.

Sheikh Hamdan emphasized the importance of helping learners in their search for success and how Dubai's approach to being a leading global hub for entrepreneurship and knowledge investment is supported by this. The new plan was prepared in partnership with other government institutions by the Dubai Developers Future Foundation.

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LAUNCHES OF NEW MEGA PROJECTS AND THE SAME OLD RECORDS

A bunch of fascinating new real estate ventures were launched by Dubai developers last week and researchers reported that the emirate is still the world's hub for all the best records in construction and real estate investment.

Dubai's government is on track to deliver new mega projects in line with the needs and requirements of the Real Estate Companies in Dubai. The Dubai office market performed the best in 2015, according to the findings of various consultancies, and the demand for quality Grade A offices is expected to continue the upward trend. That's why, together with the Canadian company Brookfield Property Partners, Dubai's government-owned Investment Corporation of Dubai (ICD) has launched a new USD 1 billion office tower development at the DIFC. This ICD Brookfield Place project would add a further 900,000 sq. Ft of office space to the commercial property stock of the emirate and the building itself is going to set the neighbourhood as a new dominant. And, for these property units, the return on investment is around 15-20 percent, which is said to be one of the highest rates in the world.

However, buildings such as the 54-storey ICD Brookfield tower are just a backdrop for Dubai's megatall buildings that form its unique skyline. Last week, the Council on Tall Buildings and Urban Habitat (CTBUH) announced that the amount of super-tall towers built in one city still makes Dubai the number one in the world. Eighteen out of one hundred 300-plus-meter skyscrapers constructed worldwide are housed in the emirate, and four more super-tall buildings are about to reshape the skyline of Dubai in the coming years.

Super-tall buildings are just part of the wonders of the universe that have accumulated in Dubai. In the Heart of Europe project, the developer Kliendienst Group has announced that the world's first floating villas are near completion. In the manmade archipelago The World in Dubai, Signature 'Floating Seahorse' villas will provide the unrivalled living experience.

Last week, one of the largest developers in Dubai, Damac, presented its new Navitas Hotel & Residences residential and hospitality project in Akoya Oxigen, its luxury Dubai golf course creation. This five towered group would also have a beneficial 4-year payment plan in place for property buyers with property prices starting from USD 119,000.

Along with the world's greatest wonders and records, high living standards attract millions of Dubai property buyers and Dubai Investment Real Estate annually. According to recent data from the Dubai Land Department, investors from 150 different nationalities invested more than USD 26 billion in Dubai real estate in 2015. The sheer diversity of investors in the Dubai real estate market is said to be seen as an overwhelming endorsement of Dubai's real estate ventures, the authorities of the Emirate have revealed.