Abu Dhabi Set to Welcome New Elie Saab Waterfront by Ohana Development in Q1 2027 | Kanebridge News
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Abu Dhabi Set to Welcome New Elie Saab Waterfront by Ohana Development in Q1 2027

Ohana Development announced its Elie Saab Waterfront project, in the heart of Abu Dhabi’s Al Reem Island.

Mon, May 13, 2024 11:36amGrey Clock 3 min

Marking a significant milestone in the luxury real estate sector of Abu Dhabi, Metropolitan Capital Real Estate (MCRE), a premier full-service real estate firm and a key part of the Metropolitan Group, is supporting the launch of Elie Saab Waterfront by Ohana Development, the first branded residence on Al Reem Island.

Ohana Development has unveiled its Elie Saab Waterfront project, an innovative residential skyscraper poised to transform luxury living at the core of Abu Dhabi’s Al Reem Island.

The 39-story building, the first of its kind on the Island and the second in Abu Dhabi, is set to be completed in Q1 2027. It will offer 174 opulent apartments priced from AED 2 million to AED 45 million and include 300 parking spaces.

Signifying the robust growth of Abu Dhabi’s property market, the project’s first phase has already sold out.

This exceptional venture, resulting from a prestigious partnership with fashion legend Elie Saab, perfectly melds the world of high fashion with a lifestyle of unmatched luxury and refinement. It showcases Ohana Development’s commitment to sustainable, high-quality construction alongside Elie Saab’s timeless design elegance.

Residents will enjoy homes that are not just aesthetically pleasing but also reflect Elie Saab’s distinctive style, marked by elegant contours, refined textures, and a touch of classic charm.

Last year, Metropolitan Capital Real Estate successfully sold “Ohana by the Sea”, a project featuring over 100 premium villas located at the border of Dubai and Ghantout, in less than 30 days, making it one of the fastest off-market sales in the UAE for an entire villa development, totaling over AED 1 billion and exclusively managed by the agency.

Husein Salem, CEO of Ohana Development, stated: “Our collaboration with Elie Saab represents a cornerstone in luxury real estate. Together, we are setting unparalleled standards for what it means to live elegantly. Elie Saab Waterfront transcends mere residence; it is the epitome of luxurious living and architectural innovation, crafted to offer our discerning clientele a truly enriching experience.”

Evgeny Ratskevich, CEO of Metropolitan Capital Real Estate, said: “As a leading associate of Ohana Development, we are pleased to sell the luxurious Elie Saab Waterfront project. This truly unique offering is in one of the most exclusive communities in Abu Dhabi and offers stunning views of the Arabian Gulf, Al Reem Island skyline and the marina, making it the perfect home for those who are looking for ultimate luxury.”

The tower will feature a range of amenities, including an advanced fitness center, an extravagant spa, a paddle court, electric vehicle charging stations, and infinity pools with views of the cityscape. The project is designed to meet every luxury need, providing a lifestyle that is both indulgent and seamless.

Customized concierge services ensure that each resident’s requirements are addressed with the highest level of professionalism and care. The tower also boasts elegant lounges, a library, meeting spaces, and beautifully maintained gardens, creating peaceful settings for relaxation and socializing. Residents will enjoy an array of high-end retail and gourmet dining options within the tower, enhancing convenience and luxury.

The interiors feature bespoke furnishings, premium materials, and a subtle color scheme, ensuring residents experience an atmosphere of sheer beauty and sophistication from the grand lobby to the privacy of their apartments.

 



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UAE Initiates State-Owned EV Charging Initiative to Boost Electric Vehicle Acceptance

The United Arab Emirates is improving its electric vehicle infrastructure with a new government-owned EV charging network.

Wed, May 22, 2024 2 min

The UAE Ministry of Energy and Infrastructure (MoEI) alongside Etihad Water and Electricity (Etihad WE) have collaborated to form UAEV, a new joint venture aimed at strengthening the electric vehicle (EV) charging framework throughout the UAE. This venture is the first EV charging network entirely owned by the government, aimed at broadening access to EV charging facilities across the country.

The project seeks to revolutionize the UAE’s transport sector by enabling broader adoption of EVs via a robust and widespread charging infrastructure. This initiative is expected to strengthen communities, generate employment, and promote eco-friendly transportation options.

Suhail bin Mohammed Al Mazrouei, Minister of Energy and Infrastructure, said: “UAEV embodies the power of partnership between government and industry, and aims to provide vital electric vehicle infrastructure to boost adoption of EVs, energize communities, and unleash the economic potential of the UAE.

“We hope that this partnership will further accelerate the transition to cleaner transportation and significantly reduce emissions from the transportation sector, thereby helping to bring our Net Zero 2050 Strategy within reach.”

Sharif Al Olama, who has been appointed Chairman of UAEV, said: “In 2023, we saw a rise in EV adoption in the UAE. By expanding our EV infrastructure, we ensure the country is equipped to support those who have already purchased an EV and make the prospect of switching to EV attractive.

“Together, MoEI and Etihad WE form a powerful force that can help future-proof the UAE and achieve the twin objectives of economic growth and climate action, which underpin UAEV.”

The UAEV is also a perfect platform for Etihad WE, the largest employer in the Northern Emirates and a company with a customer base of over 2 million households, to use its core competency and enhance its product offering.

Yousif Ahmed Al Ali, CEO of Etihad Water and Electricity and Board Member of UAEV, explained: “It is part of a deliberate strategy to diversify our operations, using the knowledge and experience acquired from our role as long-standing pioneers in the energy sector, to explore new products, services, projects, and investments which will benefit our customers.

“UAEV charging infrastructure will contribute to the modernization of the UAE’s transport network, help energize communities by creating new jobs, and empower our customers to make more sustainable choices.”

 

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