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Dubai Properties Energy-Saving Initiative Set to Offset 1,450 Tonnes of CO2 Annually

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  • Partners with Honeywell and Signify to enhance energy efficiency of Business Bay Executive Towers
  • Upgrades to contribute to 3.3 million KW/hr energy savings per year

Dubai Properties, a member of Dubai Holding, has completed the installment of energy-saving systems in its communities that will offset an estimated 1,450 tonnes of CO2 emissions annually. The master developer enlisted Honeywell, the Fortune 100 software-industrial company, and Signify (formerly known as Phillips Lighting), the world leader in lighting, to carry out energy efficiency upgrades at its Business Bay Executive Towers development as it continues its drive towards enhancing the sustainability of its communities.

The enhancements include the upgrade of building systems and facilities in 11 towers, which will lead to 3.3 million KW/hr of energy savings annually, an approximate saving of AED1.5 million in energy bills. The resulting CO2 emissions offset is equivalent to removing 310 cars from the road for one year or planting 336 trees.

Raed Al Nuaimi, Group Chief Executive Officer at Dubai Properties, said: “We are deeply committed to creating sustainable and energy efficient communities, and this is yet another step in the right direction. In addition to facility upgrades such as this, we continue to develop large areas of greenery in our communities, as highlighted recently by the Middle East’s largest living Green Wall at Dubai Wharf.

“Our aim is to contribute to national efforts towards making Dubai an environmentally-friendly city and support initiatives that further encourage building energy efficiency in line with the goals of the Dubai Integrated Energy Strategy,” he added.

In keeping with Dubai’s efforts to double energy efficiency by 2030, Dubai Properties collaborated with Signify to retro-fit the existing lighting in 11 residential buildings and corresponding parking area to LED lights, a total of 16,000 light points, ultimately resulting in improved comfort levels for residents and visitors to the community.

From his side Goktug Gur, President and CEO of Signify in Middle East, Turkey and Pakistan, commented “Retrofitting buildings to make them more energy efficient can have a huge beneficial impact on the environment, additionally the financial impact can also be vast. We are very pleased to partner with Dubai Properties on this project. We share many of the same values, including reducing our impact on the environment and our alignment on the UAE leadership vision of 2030. Encouraging a shift to LED lighting underscores our commitment to sustainability.”

In collaboration with Honeywell, an upgraded and fully-digital building management system (BMS), has been implemented to monitor and control mechanical and electrical utilities across building systems and facilities. Integrating fan coil units (FCUs) into the BMS helps provide visibility into electricity consumption, and thereby achieves a reduction in electricity bills. As part of this priority, Honeywell implemented control logic software to operate the FCUs on a set time programme that regulated cooling and indoor temperatures based on outside air temperature. A complete analysis of the programme was also carried out to identify likely challenges and improve building systems.

“Honeywell is focused on building a smarter, safer, and more sustainable world, and we are committed to helping our customers in Dubai and across the UAE achieve better energy efficiency, cut costs, and reduce greenhouse gas emissions,” said Paolo Cervini, president for Honeywell Building Solutions, Middle East, Russia, Turkey and Africa. “We’re blending physical products with software solutions to enable smarter, more connected buildings that are greener, safer and more productive, and we are proud to partner with Dubai Properties as they work to create more sustainable and energy efficient communities.”

The initiative is another step from Dubai Properties in its efforts to develop green, sustainable and energy efficient communities. Earlier this year it revealed the region’s largest Green Wall at Dubai Wharf. The impressive vertical garden spans 1,260 square metres, features over 80,000 plants forming a leaf canopy area equivalent to around 200 trees, and is capable of offsetting an estimated 4.4 tonnes of carbon dioxide (CO2) annually.

The 3.3 million KW/hr of annual energy savings is due to both the building management system upgrade by Honeywell and the shift to LED lighting carried out by Signify.

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When The Catwalk Comes Home at The 118

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Fashion is able to transform one’s personality, create a completely new style for someone, or shift perceptions. The same can be said for the interiors of a home, which are reflective of the taste and style of its residents. Keeping this in mind, Signature Developers engaged leading design firm Hirsch Bedner Associates (HBA) to provide the interior look for their luxury show apartments at their super prime residence, The 118, Downtown Dubai.

A 28-residence tower, The 118, was launched in February this year, and comprises of 26 full-floor residences, and two-duplex penthouses. The 118 has been intelligently designed from the ‘inside-out’, where the floor plans and layouts were developed first and the exterior shell was created later.

HBA designed the two show homes at The 118, the Classic and Contemporary styles, using bespoke pieces from luxury brands such as Fendi Casa, Roberto Cavalli Home Interiors and Gianfranco Ferrè Home.

Sarah Hamid, Project Director and Interior Designer at HBA took an approach of ‘lateral living’, with an effortless movement through each of the living spaces, creating a seamless transition, while imbuing each space with a distinct personality.

“The owners of Signature Developers were intricately involved at every stage of the design process. “They were looking to create amazing, playful living spaces, built with the end users in mind,” stated Hamid.

“A show home allows future owners to see the potential for their own home. We briefed HBA to design two styles, Classic and Contemporary, to cater to different preferences, and display the flexibility of an apartment; how the right pieces of furniture, textures and finishes play an important role in enhancing The 118 lifestyle. The residences have been designed to work as homes, and not just as showcases,” commented Raju Shroff, Director of Signature Developers.

Furnishing over 6,000 sq ft of home can be a daunting task, but the specialists set about crafting the spaces with comfort, style and modernity. The subtle tonality of the materials and finishes provide a fresh, natural backdrop, designed to complement a wide range of fabrications and textures, and it was this neutral palette that allowed placement of stunning furniture to complete the look for the show apartments.

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Dubai Land Department cooperates with Dubai Properties to support the emirate’s real estate sector

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  • Bin Mejren: Partner support for our projects and initiatives contributes to a qualitative leap in the real estate sector

Dubai Land Department (DLD) has announced a strategic partnership with Dubai Properties (DP), a member of Dubai Holding, to promote Dubai’s real estate sector. The agreement was signed by His Excellency Sultan Butti bin Mejren, Director General of DLD, and Raed Al Nuaimi, Group Chief Executive Officer of Dubai Properties. Under the collaboration, Dubai Properties will support DLD’s strategic initiatives and projects.

His Excellency Sultan Butti bin Mejren said: “We are striving to attract more partners to support our projects and initiatives, which aim to achieve a qualitative leap in the real estate sector. These initiatives include the ‘Real Estate Self Transaction (REST)’, which is the first digitised real estate market in Dubai that allows investors to conduct real estate transactions with multiple parties at any time and from anywhere in the world. The new platform enables customers to manage their real estate transactions digitally, eliminates paper documents and reduces brokerage procedures, promoting Dubai’s position as the preferred global destination for real estate investment.”

DLD is seeking to strengthen its relationship with partners in various fields to help implement its initiatives and vision. The department also hosts multiple events and conferences to support the sector and spread real estate awareness. This comes through coordination with various partners in the public and private sectors, who share the aim of establishing transparent cooperation agreements that support DLD’s strategic objectives and benefit all parties.

Bin Mejren added: “Our strategic partnership with Dubai Properties confirms DLD’s consistent approach, which is aligned with the directives of our wise leadership to promote Dubai’s position as an attractive and pioneering international investment destination. This step comes as part of our ambitious mission to further enhance the excellence of Dubai’s real estate sector. We are committed to cooperating with various parties involved in the sector and our success depends on the services provided by these partnerships.”

DLD expects that the agreement will contribute to the integration and coordination with its partners, with everyone working toward achieving the Dubai Plan 2021. The department’s agreements reflect the dedication of all parties to proactively supporting and strengthening existing strategic partnership relationships, thus contributing to the development of the real estate sector.

Raed Al Nuaimi said: “Dubai Properties is committed to creating happy and healthy communities that inspire people to call Dubai their home. Our strategic partnership with DLD aligns with our sustained endeavours to stimulate the emirate’s stable property market. It also complements our ongoing efforts to drive significant growth in the real estate sector through offering best-in-class built solutions that respond to the needs of home-owners and buyers.”

DLD recently presented Dubai Properties with a commemorative award to recognise its support as a strategic partner of the 69th FIABCI World Real Estate Congress, which ran from 27th April to 2nd May 2018 in Dubai. The event made Dubai the first city in the MENA region to host a conference of this magnitude and reinforced the emirate’s position as a key market for property investors across the globe.

Dubai Properties is responsible for shaping some of Dubai’s most renowned and iconic real estate destinations. As a member of Dubai Holding, the global investment holding company, Dubai Properties has developed large-scale, mixed-use destinations across the emirate including Jumeirah Beach Residence and Business Bay, as well as residential projects in Dubailand.

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Realty exhibition brought plethora of investment opportunities for expat Indians

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  • Arbaaz Khan, renowned Bollywood actor and producer also attended the inauguration ceremony along with other dignitaries and industry honchos.
  • The show was held at Dubai World Trade Centre from 21-23 June at Sheikh Rashid Hall

Popular realty exhibition, the Indian Property Show returned to Dubai with its 22nd edition among positive sentiments and a number of worthy investment opportunities for expat Indians in the UAE. The event held at Dubai World Trade Centre, Sheikh Rashid Hall, was inaugurated by His Excellency, Sultan Butti Bin Mejren, Director General of Dubai Land Department along with Bollywood celebrity Arbaaz Khan.

Organised by Sumansa Exhibitions, the three-day exhibition held from June 21-23, featured developers from all over India who showcased their flagship commercial and residential projects to an increasing NRI customer base at one of the region’s premier real estate event.

The show hosted informative seminars where key speakers held valuable sessions pertaining to investments, property buying procedures, real estate laws, high growth cities, investment hotspots, legalities, etc. Visitors also benefited from seminars on Vaastu – the science of architecture – and ways to bring positive energy within the home.

“Buying property can be a daunting process especially for first time buyers, hence our goal with the exhibition was to provide a holistic approach to buyers on what to expect when embarking on this journey. The Indian Property Show presented a plethora of trusted and quality projects while addressing the common concerns of the buyers,” said Kowshik Mukherjee, Head of the Indian Property Show and Chief Operating Officer Sumansa Exhibitions.

“With stable political outlook and focused steps taken by the existing central government in India, it has surely become the first choice for NRIs to invest in properties and stocks. Real Estate industry has evolved as necessary corrections have taken place in last 2-3 years due to demonetization, RERA, followed by GST roll out. These steps have also backed up initiatives such as Housing for All by 2022,lower rate of interest rates on home loans and better infrastructure development at large with Smart City project, commented Mr. Atharv Parekh, Associate Manager, International Sales, Adani Group.

The Indian Property Show was supported by CREDAI Maharashtra and sponsored by Silver Sponsor Adani Realty.  While Al Ghurair Exchange was the Remittance Partner, Mashreq Bank the Official Banking Partner and 89.1 Radio 4 FM the radio partner for the event.

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Construction of Abu Dhabi’s US$1.2bn Reem Mall gathers momentum

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Al Farwaniya Property Developments, the developer behind Reem Mall, Abu Dhabi’s up and coming retail, dining and leisure destination, today showcased the construction progress of the US$ 1.2bn project.

Construction of the mall commenced in late 2017, and within the first few months, 13 tower cranes have been erected and raft foundation works are well advanced with over 55,000 m3 – more than 9000 truckloads – of concrete set in place, and over 5,500 tonnes of reinforcement installed.

In addition the superstructure of the project is now underway with the first suspended slab’s recently poured and vertical works progressing across the whole site.

Reem Mall is set to bring 2 million sq. ft. of leasable area (2.9 million sq. ft. of floor area) which will comprise more than 450 retail brands, dining options as well as a range of entertainment concepts, including the much-anticipated Snow Park Abu Dhabi, a destination snow park attraction.

Commenting on the construction update, Shane Eldstrom, Chief Executive Officer of Al Farwaniya Property Developments said, “We’re very excited about the pace at which Reem Mall construction is progressing. The cranes are on site, we have nearly completed the substructure and have already completed several sections of floor in the superstructure. We look forward to delivering this world class destination, to the people of Abu Dhabi and the wider UAE.”

Al Farwaniya Property Developments also announced that infrastructure works had commenced with geotechnical investigations required for the projects elevated roads which will when completed provide unparalleled access to the mall for visitors.

Reem Mall site is located in the Najmat District on Reem Island, the residential and commercial master development by Reem Developers. Reem Island is planned to have a population of 200,000 at completion.

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Azizi Developments delivers progress update on its second largest project in Al Furjan – Azizi Plaza

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Azizi Developments, a leading private real estate developer operating in the UAE for over a decade, is on track to deliver its second largest project sprawling at 508,195 sq. feet in the upcoming development of Al Furjan – Azizi Plaza, in the second half of 2018.

Consisting of a total of 434 units of studio, one-bedroom, two-bedroom, and three bedroom apartments, Azizi Plaza is currently progressing rapidly with ongoing internal finishings and elevations on the external façade.

Speaking about Azizi Plaza, Chairman of Azizi Group, Mirwais Azizi said: “Our Al Furjan projects have been selling rapidly because of the marked infrastructure progress during the past year in and around the community. Residents and investors alike value the excellent and convenient transportation access, facilities such as malls and schools as well as enhanced amenities that ultimately provide a promising and attractive return on investment”.

Al Furjan remains one of Dubai’s fastest growing residential neighbourhoods, with easy access to Ibn Battuta Mall, Jebel Ali Free Zone, and the Expo 2020 site. The new metro line named Route 2020 will link Al Furjan to locations such as Discovery Gardens and The Gardens, and will also eventually service the Al Maktoum International Airport.

Azizi Plaza, offers 286 studio units, 46 one-bedroom units and 102 two-bedroom units as well as 9,400 square feet of retail space.

Chairman of Azizi Group, Mirwais Azizi added: “Azizi Plaza is our second largest project in Al Furjan and the end of 2018 will mark a milestone for us as we deliver five additional projects in Al Furjan. I am eagerly awaiting this as Azizi Developments looks forward to completion and delivery of the majority of its projects in this community by the end of 2018.”

Azizi Plaza in Al Furjan is part of a larger portfolio of community-oriented developments which includes the French-inspired waterfront lifestyle project, Azizi Riviera in Meydan One and the mega mixed-use urban project, Azizi Victoria in Mohammed bin Rashid Al Maktoum City – District 7, as well as other projects in Dubai Healthcare City, and Jebel Ali.

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The 22nd edition of Indian Property Show to take place in Dubai from 21-23 June 2018

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  • Prime projects including the iconic WTC Noida, the world’s largest world trade Centre will be showcased.
  • Properties at 0% interest and no EMI’s until possession plus complimentary return air tickets to India for buyers at the upcoming edition of the popular exhibition.

Leading developers from India will descend to Dubai next week to showcase their latest projects to thousands of prospective home-buyers, investors, real estate and infrastructure professionals in the country at the 22nd edition of the Indian Property Show, the prime event for the bourgeoning real estate sector in India.

Organized by Sumansa Exhibitions, the three-day event will take place from 21-23 June 2018 from 12 noon to 8 pm at the Sheikh Rashid Hall, Dubai World Trade Centre with a provision for free parking. The entry to the event is free which will provide buyers and investors with a chance to walk through the entire property buying process along with experienced property investors and financial advisors who will be there to help buyers make the best decisions.

The interactive seminars by some of the notable property gurus will educate buyers on investment landscape, legalities, taxation, RERA, high growth cities in India along with Vaastu and space energy. Moreover, the separate kid’s area designed by the organizers will keep the kids occupied while the parents browse through the various properties on offer.

The Indian property show will host some of the most reputed names in the business including Adani Realty, Prestige Constructions, L & T, House of Hiranandani, Shapoorji Pallonji, Brigade Group, Lodha, DLF, SOBHA and Godrej among others who will showcase their latest commercial and residential developments to several buyers looking to tap into the rich Indian investment landscape.

According to a report by JLL and CREDAI, the real-estate sector is hugely important to the Indian economy and currently accounts for between five to six per cent of the country’s GDP and is estimated to make up 11 per cent of GDP by 2020.  Additionally, the introduction of policy reforms such as RERA, Goods and Services Tax (GST) and the Benami Property Act have instilled confidence in consumers especially from the Gulf who have a keen interest in Indian realty.

Prime projects including the iconic WTC Noida, the world’s largest world trade Centre, plus other high-end commercial plots, along with apartments, villas, holiday homes and row-houses will be showcased at the premier Indian Property show, which is a one-stop shop for buyers to efficiently evaluate and compare property options and make informed decisions.

Bengaluru based Vajram Group will showcase Vajram Esteva, a cluster of 106, (2,122 square feet – 3,232 square feet) ultra-luxury apartments in Bengaluru and Vajram Tiara, a cluster of 237, (1,982 square feet – 3,472 square feet) luxury apartments. The company has introduced a discounted spot booking offer that includes Rs.200 off per square feet.

Additionally, they will also provide 0% interest schemes with no EMI’s until possession plus two-free return air tickets to India for buyers who book at the show.

Brigade Group has launched a Brigade Easy Home Carnival which includes a fixed price on all ready to move in projects in five South Indian cities including Mysore, Bengaluru, Ooty, and West Chennai among others.

While Mumbai-based Sunteck Realty Limited will offer buyers a 10% down-payment plan and no EMI’s until possession for their residential developments in Borivali East, Airoli, Goregaon West and Andheri West.

Kowshik Mukherjee, Head of Indian Property Show and Chief Operating Officer Sumansa Exhibitions, said: “Our aim is to create a transactional platform for buyers to engage with the residential and commercial property sector in India, showcase the latest developments within the country, while at the same time educate and inform property buyers through a series of seminars and workshops presented by successful investors and property thought leaders.

“Our 2017 edition surpassed all expectations with notably high visitor numbers, busy seminar halls that addressed key issues facing buyers and investors and profitable deals from developers.  As always we are hoping to provide buyers the properties from across India from some of the reputed developers, visitors can get exclusive deals, pre-launch offers and best prices at our exhibition,” added Mukherjee.

The Indian Property show is supported by CREDAI Maharashtra and sponsored by Silver Sponsor Adani Realty.  While Al Ghurair Exchange is the Remittance Partner and Mashreq Bank is the Official Banking Partner for the event.

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Peikko’s construction for a new factory in progress in the United Arab Emirates

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Al Rashed Peikko LLC’s sales and production unit in the United Arab Emirates, Peikko Gulf LLC, has started building a new factory and warehouse premises on an industrial plot located in Ras Al Khaimah, the UAE. The land leasing agreement for the new plot of 11,500 m2 was signed in October 2017. The growth of Peikko’s operations in the Middle East has been remarkable in the past years and the demand is constantly increasing.

Peikko’s current factory and warehouse premises in Ras al Khaimah are located near the new plot. The new factory consists of over 3,000 m2 of production and warehousing space and includes also modern office facilities. The factory will use the latest technology and automation in order to enhance connection item and DELTABEAM® Slim Floor Structure production capacity, and strengthen manufacturing with an optimal layout for increased operations and possibility for future expansion. The value of the investment is around 4 million EUR. The new factory is estimated to be operational during the first quarter of 2019.

“Operating in the Gulf region from the strategically important location of Ras Al Khaimah has been an excellent choice for Peikko. The new factory will enable large-scale production required for the massive projects in the area, such as Sharjah Waterfront City in the UAE and Ministry of Interior Housing Project in Saudi Arabia. Local presence is crucial in order to fulfil our customers’ tight delivery schedules,” states Topi Paananen, CEO of Peikko Group Corporation.

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Construction of ‘Beach Vista’ residences in Emaar Beachfront commences

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  • Emaar Development takes possession of land; site mobilisation and enabling work begins for Beach Vista residences

Emaar Development (DFM: EMAARDEV) has taken possession of the land for construction of Beach Vista residences in Emaar Beachfront, the private island destination in the Arabian Gulf. Site mobilisation and enabling work has commenced with the hand-over of homes scheduled for the third quarter of 2021.

Emaar launched the sale of Beach Vista earlier this year, recording sell-out response. All 375 residences were sold out recording total sales worth about AED 1 billion, underlining the strong investor confidence in Emaar’s development competencies and the appeal of Emaar Beachfront as a sought-after residential destination.

Ahmad Al Matrooshi, Managing Director of Emaar Properties, said: “Emaar Beachfront’s first residential launch, Beach Vista has been an overwhelming success recording strong investor response from the UAE and international markets. We are now commencing the construction of Beach Vista residences highlighting our commitment to on-schedule delivery. We are working with the best-in-class contractors and consultants to deliver Beach Vista to the highest standards of design excellence and build quality.”

The unique value propositions of Emaar Beachfront are the uninterrupted views of the Arabian Sea, The Palm Jumeirah, Dubai Marina and the Dubai skyline. Residents will have access to a private beach and a wide range of leisure and lifestyle attractions including F&B outlets, beachside play areas, retail pop-ups set along a promenade, and more.

Bringing a Miami beach style living to Dubai, Emaar Beachfront delivers a new lifestyle choice that fulfils the aspirations of the discerning customers. The thoughtfully designed collection of Beach Vista homes is set in a twin-tower development of 33-storeys and 26-storeys. The homes have glass facades and bask in natural sunlight, and feature large balconies overlooking the sea.

Elegantly designed, the homes have luxury finishes and fittings. In addition to residential facilities such as swimming pools, gyms and parking areas at the podium, there will also be several high-end retail outlets at the ground level. Adding the convenience of the residents, Emaar Beachfront offers direct access to Sheikh Zayed Road and Palm Jumeirah.

Following the successful launch of Beach Vista, Emaar earlier launched Sunrise Bay, a new residential destination in Emaar Beachfront, which brings a refreshing dimension to resort-style living in Dubai. With their homes opening to views of the Dubai Marina and the beachfront, Sunrise Bay comprises a limited collection of 1, 2, 3 and 4-bedroom premium residences.

For details on Beach Vista, Sunrise Bay and Emaar Beachfront, visit the Emaar Sales Centres in Downtown Dubai; the Dubai Creek Harbour Sales Centre in Ras Al Khor; Dubai Hills Estate Sales Pavilion located on Umm Suqeim Road; the Emaar South Sales Centre on the DWC Peripheral Road in Dubai South; and the Abu Dhabi Sales Centre on the ground floor of Al Nahda Tower on 4th Street, Al Muroor Road. The centres are open from Saturday to Thursday, 8.30am to 6pm. Alternatively, call 800 36227 (UAE) or +9714 3661688 (International); or email: Sales_Enquiry@emaar.ae.

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Town Square Dubai by Nshama launches attractive payment plan to ‘live life at your price’

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Town Square Dubai by Nshama has announced a new and attractive payment plan that will offer customers a ‘live life at your price’ value proposition.

Already a thriving neighbourhood, Town Square Dubai offers customers the opportunity to become part of one of Dubai’s most sought-after and distinctive neighbourhoods offering attractive price-points that will appeal, especially, to middle income professionals. As part of the new payment plan, customers only have to make a 10 per cent down payment with the rest 90 per cent to be made only on handover.

The new 10/90 payment plan will add to the convenience of customers and ensure they can move into an ‘owned home’ lifestyle in a private, gated community with access to parks, cycling tracks, landscaped gardens and a vibrant boulevard.

The plan is applicable for purchases of the thoughtfully designed Safi, Zahra, Zahra Breeze, Hayat Boulevard, Jenna and Warda Apartments – all of which have a central position within the neighbourhood with easy access to a range of lifestyle amenities. Nshama is in the process of handing over the first phase of Zahra Apartments with more deliveries scheduled in the coming months.

With immaculately laid streets, aesthetic landscapes, leisure attractions including a skating park and the Town Square Park currently being readied, the 750-acre (31 million sq ft) development is today regarded as setting the benchmark in affordable, owned-home living.

Town Square Dubai also features the 50,000 sq m Town Square Park, a boutique hotel, cineplex, and a 2.5 million sq ft retail precinct with over 500 retail and F&B outlets in addition to a range of leisure attractions. The amenities in Town Square Dubai include open air cafes, healthcare centres, schools, outdoor sports areas for basketball, football and tennis, and gyms, among others.

Town Square is conveniently situated near Al Barsha, in easy proximity to popular malls, the Al Maktoum International Airport, which is less than 20 minutes away, and the popular Al Qudra cycle track. It is also near the Arabian Ranches Golf Course, Dubai Polo & Equestrian Club and the site of Expo 2020 Dubai.

Visit the Nshama Sales Centre on Sheikh Mohammed bin Rashid Boulevard in Downtown Dubai (during Ramadan open from Saturday to Thursday, 10am to 4pm and 8pm to 12am – Friday by appointment) or the Town Square Sales Centre in Al Qudra (Saturday to Thursday from 10am to 5pm – Friday by appointment). For more details, visit www.nshama.ae or call: 800 674262 (toll free UAE) or +971 4607 8990 (international). The Sales Centres have representatives of financial institutions for easy document processing.

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