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October 31, 2024 valueeng0

Developer QUBE Development has launched Arisha Terraces, a new residential development located in Dubai Studio City. The third project in QUBE’s expanding portfolio, Arisha Terraces features 419 units, spanning across four low-rise buildings, 122 different apartment layouts, and a range of studios, one-bedroom, and two-bedroom apartments.

The development is said to be designed with sustainability in mind and uses energy-efficient designs and a range of modern amenities. Investors buying in Arisha Terraces will benefit from long-term capital appreciation due to its prime location and high demand for quality housing, the developer noted.

The project includes solar panels on its roof to reduce energy consumption, costs, and decrease service charges, as well as filtered and drinkable tap water in all units and common areas, reducing plastic waste. The low-rise buildings also feature a communal hydroponic rooftop garden where residents can grow fresh, organic produce.

Arisha Terraces is designed to foster a social environment and houses a two-level community centre that will serve as a social hub, complete with flexible co-working spaces, for remote professionals, alongside a cinema lounge, a library, and a communal kitchen designed for sharing culinary moments. It also features a central courtyard that is designed as a multi-functional space for sports, relaxation, and social gatherings, including BBQ and firepit zones, along with wellness amenities such as a rooftop padel court and an indoor/outdoor gym and yoga studio.

All apartments are fitted with Bosch appliances and integrated smart home systems featuring environmental sensors to promote energy efficiency. Every unit is designed with outdoor living in mind, featuring spacious balconies or terraces, and select apartments include pergolas for enhanced privacy and outdoor enjoyment.

Leon Kolflaath, Project Director of Arisha Terraces stated, “Arisha Terraces embodies the concept of ‘genuine living’, offering a truly authentic and sustainable home experience. This project blends exceptional design and high-quality craftsmanship with a strong sense of community. Located within Dubai Studio City, Arisha Terraces provides more than just a place to call home, it fosters a lifestyle centred on authentic experiences and a close-knit community. With a focus on premium finishes and meticulous attention to detail, it is designed to meet the needs of young families and professionals, offering a harmonious balance between modern convenience, well-being, and a deep connection to nature.”

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Source: MEConstructionNews


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October 30, 2024 valueeng0

Developer Ellington Properties has announced the appointment of Dutco Construction as the lead contractor for its One River Point project, which is billed as a premier waterfront residential development in the heart of Business Bay.

As part of the in-house synergy between Dutco Ellington and Dutco Construction, the appointment is designed to highlight the efficiency and quality ensured by having both the developer and contractor under one umbrella. The project is expected to be completed by Q2 2027.

On the contract win, Nelson Gibb, Group CEO of Dutco said, “We are excited to take on the construction of One River Point, a landmark development that exemplifies the strength of our collaboration with Ellington Properties. This project is a testament to the synergy between our deep-rooted construction expertise and Ellington’s innovative, design-led vision.”

“By working together under one roof, we can streamline operations, optimise resources, and ensure seamless coordination at every stage. This unique approach not only enhances efficiency but also guarantees that One River Point will set new standards for waterfront living in Dubai, from design and quality to timely delivery and overall experience.”

As a trusted Tier 1 contractor recognised for its quality execution and on-time delivery, Dutco Construction will now proceed to manage the construction of One River Point, the statement noted.

Joseph Thomas, Co-Founder of Ellington Properties commented, “One River Point is not just a residential development; it is a reflection of our long-standing commitment to creating homes that inspire and uplift. By appointing Dutco, we are not just selecting a contractor but ensuring that One River Point will be delivered with the highest standards of quality and on schedule. The benefits of having both the developer and contractor working in sync allow us to bring this exceptional project to life more efficiently and with a shared commitment to excellence.”

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Source: MEConstructionNews


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October 30, 2024 valueeng0

OCTA Properties and ELIE SAAB have unveiled La Mer by ELIE SAAB, a signature development located on Al Marjan Island in Ras Al Khaimah. The project is being developed by ARTE Developments, with OCTA Properties handling sales and marketing for the project.

La Mer by ELIE SAAB will feature three beachfront towers, connected through various levels with a dual lobby. The development will have a total of 355 residences split amongst ten different types of units ranging from one-bedroom apartments to chalets and villas, and nine exclusive penthouses. The Residences, designed with ELIE SAAB’s signature style, will provide living experiences complemented by signature pieces from the ELIE SAAB Maison furniture collection, said a statement.

The project will feature amenities designed to enhance the living experience of residents. At the ground level, families will enjoy a dedicated kids’ club and indoor pool, along with an outdoor kids’ play area and a kids’ pool. Wellness and pampering are prioritised with both male and female spas, in addition to a gym and a grand pool.

Serenity Park, located on level one, is designed for relaxation, while the Signature Lounge aims to add a touch of elegance. Levels two and three feature the Link Garden, which will create a seamless connection between outdoor and indoor spaces. On level 18, residents can enjoy the Sky Gym, Sky Co-working Space, Sky Lounge, and a Sky Pool & Deck – the amenities cater to both leisure and lifestyle needs, creating an integrated community experience, the statement noted.

“La Mer by ELIE SAAB reflects our commitment to expanding our brand’s presence in the luxury real estate market, offering an exclusive resort-style living experience in Ras Al Khaimah. As the region grows into a premier entertainment and resort destination, this development brings the distinctive ELIE SAAB lifestyle, while embracing the unique character of Ras Al Khaimah’s surroundings,” said Elie Saab Jr., ELIE SAAB Group CEO.

Lalit Goel, Managing Director of ARTE Developments noted, “We are honoured to collaborate with this renowned brand for the development of La Mer by ELIE SAAB on Al Marjan Island. The foundation of this project partnership lies in our unwavering commitment to excellence, quality, and luxury living.”

Fawaz Sous, CEO of OCTA Properties added, “As the exclusive sales and marketing partner for this premium waterfront venture, we can vouch that La Mer by ELIE SAAB is set to become a valuable addition to Al Marjan Island, infusing the beachfront with unparalleled elegance through its distinctive design.”

La Mer by ELIE SAAB marks a milestone in bringing residences to Al Marjan Island, a destination known for its dynamic growth and vibrant community. The development is set to enhance the global appeal of the island, offering residents a serene beachfront lifestyle. Construction began on La Mer by ELIE SAAB in Q3 2024, with the project’s expected delivery date in Q1, 2028.

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Source: MEConstructionNews


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October 30, 2024 valueeng0

ONE Development has unveiled its flagship US $544mn residential project in Dubai’s City of Arabia. The Laguna Residence is said to be the first fully AI-integrated residential development in the region, and will feature a lagoon on a podium, centred between two high-rise towers.

According to the developer, the project will offer residents a retreat experience with uninterrupted views of the Dubai skyline. The community will feature a range of unit options, from studios to three-bedroom apartments, duplexes and sky-homes, and the two towers will be connected by an amenities hub with more than 40 features, including entertainment, wellness, and social spaces, creating an engaging and connected living experience.

Speaking at the launch event, ONE Development’s Founder & Chairman, Ali Al Gebely stated, “Laguna Residence is a unique project, as it is the UAE’s first AI-integrated residential community. It offers a sophisticated lifestyle, combining convenience with personalised services. Our goal is to redefine the real estate industry by elevating daily life and reshaping the meaning of quality living. This community not only embraces technology, innovation and sustainability but also champions eco-friendly solutions.”

He added, “As a homegrown boutique developer, our mission is to reflect the unique aspirations and lifestyles of our clientele in the UAE. By delivering iconic, high-quality developments, we align with the UAE’s strategic ambitions and leadership’s vision to attract local, regional and international investors, setting a new benchmark in the real estate industry.”

The UAE’s real estate market is experiencing steady growth, attracting investors from across the globe. The project is set to offer attractive returns on investment as the first fully AI-integrated community with the region’s largest lagoon on a podium. This development aligns with Dubai’s Real Estate Strategy 2033, which aims to increase the value of Dubai’s real estate transactions to US $272bn by that year, said a statement.

The UAE continues to be one of the most appealing real estate markets in the world, with cities like Dubai having gained a reputation for catering to luxury and becoming a destination for high-net-worth individuals looking to invest in property.

Recently, Dubai and Abu Dhabi have made significant progress in terms of transparency, digital integration and ease of doing business, simplifying the process of purchasing freehold residences, the statement noted.

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Source: MEConstructionNews


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October 30, 2024 valueeng0

Nakheel has partnered with Dubai Electricity and Water Authority (DEWA) on the development of two substations on Palm Jebel Ali, which will be developed at a cost of US $72.9mn. DEWA will provide project management services for tendering, awarding and constructing the two substations, scheduled to be completed in line with the delivery of the luxury villas.

The project covers the construction of two 132/11KV substations with a total capacity of 400-megavolt amperes (MVA) of power that will feed the power requirements of a major portion of Palm Jebel Ali, including several of the fronds and the main spine.

Once completed, the Palm Jebel Ali will offer lifestyle amenities, contributing to the future growth of Dubai over the next few decades. Revealed by His Highness Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, Palm Jebel Ali supports the Dubai Economic Agenda D33 and marks the beginning of a new growth corridor in the Jebel Ali area, underlining the expansion of the emirate.

Nasser Al Awadhi, Chief Land Estates Officer of Dubai Holding noted, “We are confident that the expertise and skills of DEWA, our strategic partner, in the sector will enable us to lay a strong foundation as the prestigious Palm Jebel Ali takes shape. It is a symbol of Dubai’s unwavering ambition to always drive progress and leave an indelible mark on the global stage. Palm Jebel Ali is a testimony to our vision to build the best luxury waterfront living for today’s global citizen.”

Hussain Lootah, Executive Vice President of Transmission Power at DEWA explained, “We welcome the efforts of Dubai Holding Real Estate, DEWA’s strategic partner, to build the two power transmission stations in the Palm Jebel Ali project according to the highest standards of quality, sustainability and safety, using the latest digital technologies for transmission stations. All organisations in Dubai integrate their efforts to make Dubai the world’s best city for living, working, and visiting.”

“To keep up with Dubai’s continuous growth, we will persist in building world-class infrastructure for electricity and water, ensuring that these services meet the highest standards of availability, reliability and quality. This has played a significant role in achieving 100% reliability and availability of the power transmission system in Dubai, enabling DEWA to achieve the best performance among service institutions worldwide in the field of power transmission,” he added.

The announcement of this partnership marks the latest progress in the development of Palm Jebel Ali into a major residential and leisure destination. Palm Jebel Ali’s seven islands span 13.4km, feature 16 fronds and over 90km of beachfront, and it marks the beginning of a new growth corridor in the Jebel Ali area.

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Source: MEConstructionNews


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October 29, 2024 valueeng0

RAK Ceramics has inked a framework agreement with Sobha Constructions, the construction arm of the Sobha Group. Under this agreement, RAK Ceramics will provide premium ceramics and porcelain tiles for Sobha’s upcoming projects.

RAK Ceramics known for crafting ceramic and porcelain products, will offer surface solutions to meet the standards of comfort and safety demanded by Sobha Constructions, said a statement.

Abdallah Massaad, Group CEO of RAK Ceramics noted, “As a proud UAE homegrown brand, RAK Ceramics is delighted to partner with Sobha Constructions on their current and upcoming projects. Our shared dedication to innovation, sustainability and superior quality makes this collaboration a natural fit, perfectly complementing Sobha’s vision of modern luxury. We are thrilled to bring our premium surface solutions to life in some of the most ambitious developments, contributing to a legacy that will shape the future of our country.”

Francis Alfred, Managing Director, Sobha Realty added, “We are excited to embark on this strategic partnership with RAK Ceramics, a leader in the ceramics industry known for their commitment to quality and innovation. This collaboration aligns perfectly with Sobha Constructions’ dedication to delivering unparalleled design excellence and sustainable living solutions. By integrating, we are not only enhancing the quality of our developments but also setting new benchmarks in luxury and craftsmanship. Together, we are poised to create remarkable spaces that will shape the future of real estate in the region.”

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Source: MEConstructionNews


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October 29, 2024 valueeng0

CMS announced the relocation of partner Eleanor Lane to the firm’s Dubai office, further growing Middle East Projects and Maritime practice.

The CMS member firm provides a range across 19 practice areas and sectors, including Corporate, M&A, Energy & Climate Change, Funds, Life Sciences & Healthcare, TMC, Tax, Banking & Finance, Commercial, Antitrust, Competition & Trade, Dispute Resolution, Employment & Pensions, Intellectual Property and Real Estate.

Eleanor advises on complex and high-profile maritime and infrastructure projects, often of national significance. Her expertise spans public-private partnerships (PFI and NPD), public service concessions, and strategic outsourcing projects. She is a lawyer in both Legal 500 and Chambers and singled out in particular for her strong maritime and shipping expertise, the firm said in a statement.

Adrian Bell, CMS partner and Joint Managing Director for the Middle East and Asia said, “Eleanor is an exceptional legal talent, with a reputation for delivering innovative solutions on high-profile and complex projects. Her extensive work with major clients positions her as a leader in her field. Eleanor’s expertise will undoubtedly be a great asset to our Middle East Projects practice, which is already well established in the region. We are thrilled to have her join the team.”

Lane notes, “I am excited to join the team in Dubai and contribute to the ongoing development of our Projects and Maritime offering across the Middle East. The region offers a dynamic market for innovative projects, and I look forward to collaborating with clients and colleagues to capitalise on new opportunities.”

CMS continues its growth in the Middle East, having made several appointments over the last year. These include Robin Balmer (Finance, Dubai), Ken Wong (TMT, Riyadh), Rizwan Osman (Corporate, Riyadh), Keith Bullen (Energy & Infrastructure, Dubai/Riyadh), James Abbott (Disputes, Dubai), and Mohammed Aldowish (Disputes, Riyadh).

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Source: MEConstructionNews


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October 29, 2024 valueeng0

Spanish group RCR Arquitectes has joined forces with Dubai-based Muraba to create the Muraba Veil – a 73-storey tower featuring 131 residential units along with a range of curated leisure amenities.

According to a statement, this is the fifth collaboration between RCR and Muraba over 10-years. Earlier in that relationship, RCR Arquitectes were honoured, by being named – in 2017 – the Pritzker Prize Laureates.

Muraba Veil will exceed 380m in height, and each apartment is the width of the entire building, at 22.5m, the statement highlighted.

Approved and registered with RERA, the tower will feature two- to five-bedroom exclusive residences, together with a range of curated leisure amenities including a wellness spa, restaurant, gallery, padel court, private meeting rooms and a private cinema. There will be an emphasis on biophilia and open access to green, landscaped surroundings.

The Spanish-Dubai JV has signed up leading engineering consulting firm WSP for the Muraba Veil project, with client advisory services to be provided by ARUP.

Ibrahim Al Ghurair, Managing Director, Muraba said, “This is more than a beautiful residence. What we set out to achieve is a life-enhancing work of architecture, which speaks to the heritage of the built environment of the UAE. We want Muraba Veil to be synonymous with exquisite serenity; with the same calm that you feel when you enter the courtyard of an Arabic house.”

Rafael Aranda, the Founder of RCR Arquitectes added, “We are passionate about ensuring our buildings are responsive to the place, that they belong to the site and the native landscape where they are situated. They must communicate with nature and be infused with the atmosphere of the local culture. The building is revealed behind a series of layers, the first being the ‘Veil’ itself – a bespoke stainless steel mesh, porous and responsive, reflecting the different shades of the sky, and de-materialising the architecture’s presence.”

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Source: MEConstructionNews


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October 29, 2024 valueeng0

Majid Al Futtaim in collaboration with Parkin plans to introduce barrier-less parking at three of its most popular malls; Mall of the Emirates, City Centre Deira and City Centre Mirdif. The move will transform the parking experience in those malls, the firm said.

Set for launch by January 2025, the new system is expected to ease the journey for more than 20m cars annually across the three malls, transforming the way customers use parking spaces at Majid Al Futtaim’s top shopping destinations.

“At Majid Al Futtaim, we are constantly seeking innovative ways to enhance the customer experience at every touchpoint. Our partnership with Parkin demonstrates our commitment to offering advanced solutions that simplify the parking process while addressing common visitor challenges. Whether it’s the convenience of barrier-free entry of the ease of electronic payment, this technology will provide millions of our customers with a seamless parking experience each year, and will be one of the many smart solutions that we will introduce at our malls,” said Khalifa Bin Braik, Chief Executive Officer, Majid Al Futtaim Asset Management.

“This strategically important new agreement with a leading mall operator complements our existing operations and underscores our ongoing commitment to continued growth. Our smart systems will reduce congestion and enable smooth traffic flow, enhancing the overall customer experience at some of the busiest and well-known retail properties in Dubai. As the clear market leader in parking operations, management and technology, we will continue to leverage our unique capabilities and know-how to pursue further attractive partnership opportunities in this growing sector,” noted Eng. Mohamed Abdulla Al Ali, CEO of Parkin Company.

Shoppers arriving at Mall of the Emirates, City Centre Deira and City Centre Mirdif will no longer have to pause for a ticket at the parking barrier. Instead, as they drive in and out, the licence plate recognition technology will automatically track cars. If there is a parking fee to be paid, the driver will be sent an SMS alert with a payment link to pay the charges immediately through a web-based platform. Customers also have the choice to link their account with the Parkin’s wallet, adding to the overall convenience, the firm said.

The technology is expected to drastically reduce queues, particularly during peak hours, and eliminate delays caused by lost tickets or unpaid parking fees. Drivers will be able to enter and exit parking facilities in seconds, ensuring a more efficient and stress-free experience, it added.

The barrier-less parking solution is only the beginning of the digital transformation of Majid Al Futtaim’s parking services. The integration of additional digital features to enhance customer experience is also in the offering.

“This launch represents a major achievement in our efforts to create a digitally integrated and customer-centric shopping experience. We are committed to ensuring that our parking solutions evolve with the changing needs of our customers, without adding extra burdens. By keeping our current rates while offering a faster, more efficient, and seamless parking experience, we offer our mall visitors greater peace of mind,” said Bin Braik.

The introduction of barrier-less parking marks a milestone in Majid Al Futtaim’s ongoing mission to enhance the customer experience through innovation and unparalleled convenience. Cars will no longer need to stop upon entering or exiting the mall car parks, as advanced cameras will automatically capture the vehicle’s license plate, resulting in smoother traffic flow, the statement concluded.

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Source: MEConstructionNews