Dividend Gate Capital Announces Completion of Luxurious "Aurea" Villas in Estepona by Q4 2024 | Kanebridge News
Share Button

Dividend Gate Capital Announces Completion of Luxurious “Aurea” Villas in Estepona by Q4 2024

The project offers a direct view of the golf course

Thu, Jul 25, 2024 10:28amGrey Clock 2 min

Bahrain-based Dividend Gate Capital, a prominent investment company specializing in real estate, health, education, and hospitality, has announced that the fourth quarter of 2024 will mark the completion of the luxurious “Aurea” villas in Estepona, Spain. This milestone underscores the company’s success in diversifying its investment portfolio across local, regional, and international markets by delivering high-quality projects with attractive returns.

The “Aurea” project encompasses 8,000 square meters and includes 10 luxury villas, each boasting a built-up area of over 700 square meters, situated in the heart of the Estepona Golf Course area. Strategically located, the project integrates the green expanses of the golf course with natural surroundings, offering residents direct views of the course.

The development offers a unique blend of recreational and healthcare facilities, including private pools, entertainment and relaxation areas, and gardens. The villas are meticulously crafted to meet the highest quality standards, featuring spacious layouts and luxurious finishes. The growing demand for the project highlights the allure of “Aurea” as a premier residential destination in Europe.

In his statement on this occasion, Mr. Khaled Mohammed Al Hammadi, CEO of Dividend Gate Capital, said: “We are pleased to announce the near completion of the “Aurea” villas, which we are executing in partnership with FM Consulting Group, specializing in real estate project management in Marbella and Costa del Sol. We would like to affirm that work is progressing rapidly to complete and launch the project by the end of this year.”

Mohammed Nedham Khonji, Managing Director of Dividend Gate Capital, added: “Our commitment to collaborating with top-tier contractors and consultants like B. Solis and HCP Consultants to complete the project underscores our dedication to achieving the highest levels of quality, efficiency, and professionalism in every aspect of “Aurea” from planning and design to construction, driven by our pursuit to provide luxurious living experiences for our clients.”

Fausto Martinez, President of FM Consulting, stated: “We are proud to partner with Dividend Gate Capital in delivering “Aurea” villas. Our collaboration ensures that each villa in the project embodies modernity and quality, setting new standards in living near the golf course. The high-quality construction and finishing add an extra touch that enhances the living experience in “Aurea”, providing residents with comfort and luxury.”

Dividend Gate Capital aims, through its investments in various regions, to achieve its future vision of becoming a leading company through expansive plans both domestically and internationally across many sectors. The nearing completion of “Aurea” villas in Spain represents a significant step that reinforces its position as a leading player in global real estate investment.

 



MOST POPULAR

Chris Dixon, a partner who led the charge, says he has a ‘very long-term horizon’

Americans now think they need at least $1.25 million for retirement, a 20% increase from a year ago, according to a survey by Northwestern Mutual

Related Stories
Property
Arabian Hills Estate Adds New Life into Former Wahat Al Zaweya Project
Property
Infinity Tower Nears 70% Completion with Over EGP 4.9 Billion Invested
Property
Emaar Malls Offers Rent Relief to F&B Tenants at Dubai Mall and Souk Al Bahar
Arabian Hills Estate Adds New Life into Former Wahat Al Zaweya Project

Arabian Hills Estate is moving forward under new partnerships, promoting a vision of luxury, lifestyle, and renewal—signaling a fresh start for a site once burdened by broken promises.

Mon, Apr 28, 2025 3 min

A development once sold exclusively to Emirati nationals by an Abu Dhabi–listed company is being replaced by a new community of villa and mansion plots called Arabian Hills Estate. Customers who paid the developer, Wahat Al Zaweya Holding PJSC, never saw the project handed over and many have pursued litigation to secure their money back, but others still hold out hope of receiving their properties.

Formally launched last year, Arabian Hills Estate is being promoted as offering lush gardens, a swimmable lagoon, an equestrian center, shopping malls, resorts and “extraordinary experiences right on your doorstep”.

Plots ranging from 12,000 to 132,000 sq.ft are being sold with a proposed completion date of February or March 2027 or Q4 2027. It has been dubbed the “Beverly Hills of Dubai” by one real-estate broker, though it falls on land just across the Abu Dhabi border in Al Ain.

Before Arabian Hills Estate, another development, the “paused” Wahat Al Zaweya (WaZ), was marketed as “a city filled with all the elements of modern luxury, designed for a distinguished lifestyle in line with the UAE’s goal of making its people and residents the happiest in the world.” Up to 2,500 plots were sold, but none were delivered, and many buyers eventually resorted to a special judicial body to get their money back.

Plots at Arabian Hills Estate are available on a five-year payment plan at AED 140 or AED 155 per sq.ft, but those who can raise the money within two or three working days can pay between AED 55 and AED 60 per sq.ft up front, starting at around AED 760,000 ($207,000) for a plot, two real-estate agents told Zawya.

Industry experts said such a discount, which amounts to more than 60%, is unusual, bearing in mind developers’ margins. Discounts for cash up front are usually 10–12%, with the largest otherwise in the UAE at around 50%.

While plots are listed on property portals on a 50/50 payment plan, agents are offering prospective buyers substantial discounts over phone calls and WhatsApp messages if they can raise and pay the full amount of money within a week.

Wahat Al Zaweya PJSC’s status

One WaZ buyer said he agreed to pay around AED 800,000 on a payment plan for a 14,000 sq.ft. plot in 2014 and wrote post-dated cheques. The two-year handover date passed and no plot was delivered.

In 2018, while there was no sign of the development’s completion, Wahat Al Zaweya Holding PJSC was listed as a joint stock company on the Abu Dhabi Securities Exchange (ADX). The share capital of the company is 2.3 billion shares according to ADX data, with the share price closing at AED 4.07 when it last traded.

In 2019, the WaZ buyer was given a bigger plot of 17,000 sq.ft. to compensate him for the delay.

Do not stop paying your instalments, he was told, or you will lose everything. He last heard from the developer in 2021 when he visited the site, but was refused entry due to COVID-19 infection risk.

The company, which rebranded to Anan Investment Holding PJSC in 2021, stopped cashing his cheques in 2022, by which time he had paid AED 600,000.

Data from Dari, the Abu Dhabi government–backed real-estate portal, shows Wahat Al Zaweya listed as a project but marked as 0% complete. There are two listings named Arabian Hills. The first is Arabian Hills Estate, listed as a plot project, 12.5% complete, registered in 2024, and developed by Arabian Hills Investment and Real Estate. A construction report shows 0.64% progress made between two site visits carried out in January and February, and photographs show work being carried out at the site.

The second, named simply Arabian Hills, also by the same developer, was registered on the same day and marked 55.89% complete, with progress of 0.25% between site visits in January and February.

Zawya reached out to Abu Dhabi Real Estate Centre, which regulates the sector in the emirate, about the Arabian Hills Estate project, but a spokesperson said the office is unable to comment at present.

Audited financial results for FY 2019 for the company, then known as Wahat Al Zaweya Holding PJCSC, show material doubts about its ability to continue as a going concern and that it was subject to legal cases from buyers due to delayed handovers.

One former insider said the project was large and complicated and financial constraints were compounded when legal cases and costs piled up.

By the end of 2021, accumulated losses reached AED 250 million, and current liabilities exceeded assets by AED 4 billion. The company’s stock has not traded since August 2022 and is on “temporary” suspension due to failure to file financial results since March 2022.

When asked about the company’s status, a statement from ADX said listed companies are required to comply with both ADX and the UAE’s Securities and Commodities Authority’s (SCA) requirements and listing standards.

The statement added ADX is not in a position to comment on behalf of its listed companies, and referred Zawya to its website or the company’s investor relations unit.

Zawya contacted Anan and Arabian Hills Estate’s development partners Core International Holding, ARA Real Estate Development and property development manager DECA Properties, but received no response.

MOST POPULAR

Chris Dixon, a partner who led the charge, says he has a ‘very long-term horizon’

Americans now think they need at least $1.25 million for retirement, a 20% increase from a year ago, according to a survey by Northwestern Mutual

Infinity Tower Nears 70% Completion with Over EGP 4.9 Billion Invested

Infinity Towers for Urban Development has completed construction on its flagship project in Egypt’s Central Business District, the tallest administrative and commercial building in Africa. The project generated 150 direct and 450 indirect jobs, providing 3,000 permanent job opportunities.

Mon, Apr 28, 2025 2 min

Infinity Towers for Urban Development has announced the latest progress on its flagship project, Infinity Tower, a fully integrated real estate development located in the heart of the Central Business District (CBD) of Egypt’s New Administrative Capital. The project stands as a benchmark for commercial and administrative developments in the Egyptian market.

Representing a strategic investment with a total value exceeding EGP 4.9 billion, the tower is designed in accordance with top-tier international standards in architectural engineering and smart technologies. It offers a modern and fully integrated work environment tailored to meet the expectations of both local and international business communities. Rising to a height of 200 meters with 31 floors, Infinity Tower is the tallest administrative and commercial building in Egypt and the fifth tallest in Africa.

According to the implementation plan, more than 70% of construction work was completed by mid-2024, with notable progress made in interior finishing phases.

The project plays a key role in supporting Egypt’s economy by creating a variety of job opportunities. During its construction phase, it has generated approximately 150 direct jobs and 450 indirect jobs. Upon full operation, it is expected to provide around 3,000 permanent job opportunities, highlighting the long-term positive economic impact of the development.

Commenting on the announcement, Dr. Asaad Salama chairman of Infinity Towers for Urban Development: I emphasized that the milestone achieved by Infinity Towers reflects the company’s leadership and innovation in high-rise real estate development. He noted that this success underscores Infinity Towers’ unwavering commitment to sustainable growth and delivering added value to both investors and the wider community. He further stated that the significant construction progress made on Infinity Tower is a strong testament to the effectiveness and organizational strength of the company’s dedicated project team, and its adherence to the highest standards of quality and professionalism.

MOST POPULAR

Chris Dixon, a partner who led the charge, says he has a ‘very long-term horizon’

Interior designer Thomas Hamel on where it goes wrong in so many homes.

Emaar Malls Offers Rent Relief to F&B Tenants at Dubai Mall and Souk Al Bahar

Emaar Malls Management has announced a rent support initiative for Food & Beverage tenants in terrace spaces at Dubai Mall and Souk Al Bahar, following the closure of Dubai Fountain. The initiative includes 400 meters of digital screens.

Thu, Apr 24, 2025 2 min

Emaar Malls Management (LLC) has announced a dedicated rent support initiative for Food & Beverage (F&B) tenants with terrace spaces facing the Lake and Fountain areas at Dubai Mall and Souk Al Bahar. The move comes in light of the closure of Dubai Fountain, which has long served as a key attraction for visitors to these venues.

To help offset the potential impact on footfall and terrace-based dining experiences, Emaar will waive the rent for affected terrace spaces for a period of four months, from June through September 2025.

In addition, Emaar is introducing new measures to further enhance the visitor experience in the area. This includes the installation of 400 meters of state-of-the-art digital screens across the promenade, designed to animate the location with engaging visual content and help retailers maintain footfall during the fountain’s closure.

The Lake and Fountain-facing terraces have long been prized for their vibrant ambiance, offering guests front-row views of Dubai Fountain’s spectacular shows and the serene waterfront setting. With these elements having played a vital role in attracting diners and enhancing the overall visitor experience, Emaar’s gesture underscores its commitment to supporting its tenants through evolving market dynamics.

Supporting Tenants Amid Changing Dynamics

“For years, Dubai Fountain and surrounding lake have contributed significantly to the popularity of these destinations,” said Mohamed Alabbar. “As we move into a new chapter, this rent support reflects our commitment to long-term partnerships and to helping tenants navigate this transition with resilience and confidence.”

A Continued Commitment to Excellence

The terraces at Dubai Mall and Souk Al Bahar continue to offer unmatched city views, world- class cuisine, and a unique atmosphere. With this support and the introduction of immersive digital enhancements, tenants are well-positioned to continue delivering memorable experiences while adapting to the changing dynamics of the area.

Emaar Malls remains steadfast in its commitment to empowering businesses with sustainable solutions that foster growth and value across its retail communities.

MOST POPULAR

Chris Dixon, a partner who led the charge, says he has a ‘very long-term horizon’

Following the devastation of recent flooding, experts are urging government intervention to drive the cessation of building in areas at risk.

Emaar Invested Over $1B to Boost Dubai’s Global Appeal and Tourism Experience

Emaar, Dubai’s master developer, has invested over $1 billion in Dubai’s landmarks, including Dubai Fountain, Burj Khalifa, and Dubai Opera. The company also supports local causes through the Emaar Foundation, fostering excellence, innovation, and community empowerment.

Wed, Apr 23, 2025 2 min

Emaar, the master developer behind Dubai’s most iconic landmarks, has invested over US$ 1 billion in shaping and enhancing the city’s global identity. This cumulative contribution underscores the company’s long-standing commitment to reinforcing Dubai’s international standing through cutting-edge experiences, vibrant cultural platforms, and landmark social infrastructure.

From creating and operating Dubai Fountain—the world’s largest choreographed fountain—and producing the internationally acclaimed New Year’s Eve celebrations at Burj Khalifa, to enabling the launch and continued success of Dubai Opera as the region’s cultural epicenter, Emaar has consistently raised the bar in enriching Dubai’s urban and cultural fabric.

These signature experiences are sustained and enhanced through ongoing annual investments exceeding US$ 50 million, covering not only the operation and maintenance of key attractions, but also the evolution of immersive technologies and entertainment formats. This includes the modernisation of Burj Khalifa’s façade with next-generation lighting and projection systems, enabling captivating narratives that reach millions of viewers globally.

In addition to its physical contributions, Emaar continues to champion inclusive growth and community wellbeing. Through the Emaar Foundation, the company supports a wide range of local causes—from charitable housing and development programmes to national sports and cultural sponsorships—demonstrating its integral role in nurturing both city and society.

“Emaar’s journey has always been rooted in a vision that transcends construction—it is about crafting experiences that inspire, unite, and leave a lasting impact,” said Mr. Mohamed Alabbar, Founder of Emaar. “Our investments are a testament to our belief in Dubai’s limitless potential, and we are proud to play a key role in defining its global narrative.”

Emaar’s commitment to excellence, innovation, and community empowerment continues to drive progress, shaping Dubai’s future as a leading global hub. With bold ideas and sustained contributions, the company is poised to play an even greater role in defining the city’s next chapter as it strives to become one of the most admired destinations in the world.

MOST POPULAR

Chris Dixon, a partner who led the charge, says he has a ‘very long-term horizon’

The Victorian capital’s top-grossing transactions.

Eywa: A Conscious Living Landmark Redefining Sustainable Architecture

R.Evolution is set to launch the Eywa project in 2026, inspired by the Tree of Life, featuring 50 exclusive residences and two penthouses, guided by Vastu Shastra and 16 tons of crystals.

Wed, Apr 23, 2025 3 min

Championing sustainability with its thoughtfully designed buildings, R.Evolution is marking World Earth Day in style by celebrating some recent achievements with its upcoming luxury residence, Eywa. This unique property stands out for its deep-rooted respect for the planet and is more than a showcase of sustainable design, reflecting a shift in how the community thinks, lives, and builds. The aim of the project was not only to minimize impact, but also to restore the environment and live in harmony with the people who inhabit it.

Scheduled for completion next year, the development embodies a conscious approach to modern living through its choice of materials, energy-efficient systems, and a remarkably low 3% construction waste record.

Eywa: A Sanctuary of Sustainable Luxury

Eywa is a visionary, ultra-luxury residential development by R.Evolution, crafted to redefine upscale living in Dubai with a dedicated focus on sustainability and community. Featuring 50 exclusive residences and two luxurious penthouses, Eywa showcases a captivating organic design inspired by the Tree of Life, seamlessly incorporating biophilic elements that deepen the bond between residents and nature.

Set for completion in 2026, Eywa proudly holds both LEED Platinum and WELL Platinum certifications, demonstrating its commitment to harmonizing with the planet. The vision is further realized through advanced energy-efficient systems designed to reduce energy consumption by at least 40% compared to traditional buildings. Innovative additives in concrete and the use of post-tension slabs enhance structural integrity while significantly reducing metal usage.

Inside, residents enjoy exceptional air quality thanks to high-efficiency MERV 16 filtration systems, which remove 95% of airborne dust particles and 95% of allergens and mold spores. This ensures that the building not only promotes sustainable practices but also actively mitigates the harmful effects of pollution for its residents.

Holistic Approach

Beyond structure, Eywa’s sustainable philosophy is rooted in the belief that we are one with the Earth. Even in a modern metropolis like Dubai, the development encourages a deeper connection to nature, recognising that our wellbeing and longevity depend on the health of the world around us. Through a holistic design approach, every element has been considered both for performance, and for its ability to nourish mind, body, and soul.

Creating a deeply grounding and restorative living experience, Eywa features nature-integrated elements such as lush gardens, calming water features, and advanced systems that restructure and infuse the drinking water with light and positive energy. Drawing on ancient practices, the system employs magnets, quartz, amethyst, and vortex motion dynamics to reorganise water molecules, aligning them with the body’s needs for better absorption. This process supports hydration, enhances overall vitality, and promotes harmony by optimising the water’s structure for more effective utilisation by the body.

By aligning the water’s negative charge with the blood’s charge, mineral uptake and utilisation are improved, reducing waste and fostering balance. To deepen this connection, the water is also harmonised with sounds of love—positive music, prayers, and mantras—based on the work of Japanese scientist Dr. Masaru Emoto, who believed that water has memory and can carry positive energy. This harmonious symphony of sound resonates through the water, empowering it to carry and amplify love and positivity.

As residents immerse themselves in Eywa’s living water, they are enveloped in a nourishing ocean of love and harmony—an experience that transcends the ordinary, elevates the spirit, and fosters profound wellbeing.

Channeling Ancient Wisdom for a Better Tomorrow

With people spending nearly a third of their lives asleep, it’s essential that living spaces do more than just shelter, but also promote wellbeing and longevity. Guided by experts in Vastu Shastra – an ancient Indian system of architecture that aligns spatial design with natural energy flow – Eywa is carefully crafted to harmonize its surroundings. Further enhancing the building’s energy, 16 tons of crystals will be embedded throughout the property’s structure, featuring 14 distinct varieties chosen for their individual properties, each contributing to a deeper connection between people and the planet.

Alex Zagrebelny, the Founder and CEO at R.Evolution, said, ‘At R.Evolution, our vision is to create urban living that transcends luxury, creating a space where residents can reconnect with themselves and with nature. Our strategy is not only to take but also to give. By prioritizing the preservation and regeneration of our natural environment, we aim to leave a positive legacy for our children and future generations.’

As Eywa continues to captivate the luxury real estate market, it stands as a shining example of what sustainable development can and should be. Through its thoughtful design, Eywa is stepping up to make a real difference, giving back to nature while emphasising that it’s not just about where you live, but how you live.

MOST POPULAR

Chris Dixon, a partner who led the charge, says he has a ‘very long-term horizon’

An influx of people could calm future volatility.

Oman’s real estate trading hits $940mln

In February 2025, Oman’s real estate transactions decreased by 8.3%, reaching OMR362.3 million, compared to OMR394.9 million in 2024. Legal transaction fees increased, while sale contracts and mortgage contracts decreased.

Tue, Apr 22, 2025 < 1 min

The total value of real estate transactions in the Sultanate of Oman decreased by 8.3 percent, reaching OMR362.3 million by the end of February 2025, compared to OMR394.9 million in the same period in 2024.

Data released by the National Centre for Statistics and Information (NCSI) showed that fees collected for all legal transactions amounted to OMR12.3 million, a 5.9 percent increase compared to OMR11.6 million by the end of February 2024.

The value of sale contracts also decreased by 18.3 percent, reaching OMR160.3 million by the end of February 2025, compared to OMR196.2 million during the same period last year.

The number of sale contracts also decreased to 11,177, a decrease of 3.2 percent, compared to 11,543 by the end of February 2024.
On the other hand, the traded value of mortgage contracts increased by 1.8 percent, recording OMR200.1 million for 3,416 contracts, compared to OMR196.5 million for 2,989 contracts at the end of February 2024.

Swap contracts decreased from 299 contracts worth OMR2.2 million at the end of February 2024 to 266 contracts worth OMR1.9 million at the end of February 2025.

The number of real estate properties issued increased slightly by 0.8 percent, reaching 39,704 properties by the end of February 2025, compared to 39,378 properties during the same period in 2024.

The number of properties issued to citizens of the Gulf Cooperation Council countries also increased by 7.1 percent, reaching 227 properties, compared to 212 properties during the same period last year.

MOST POPULAR

Chris Dixon, a partner who led the charge, says he has a ‘very long-term horizon’

Sydney city skyline with inner suburbs of Glebe and Pyrmont, Australia, aerial photography

Predicted increases in value signals strength in local property market.

V1STARA HOUSE by Object 1 Introduces Community-Focused Living to Al Furjan

Object 1 launches V1STARA HOUSE in Al Furjan, Dubai, offering one- to 3.5-bedroom apartments starting from AED 1.1 million, featuring thoughtful layouts, 3.1-meter ceilings, and panoramic windows.

Tue, Apr 22, 2025 3 min

Object 1 has officially launched V1STARA HOUSE, a mid-rise residential tower in Al Furjan designed to deliver modern, community-centric living with a strong cultural and architectural identity. Slated for completion in Q3 2027, V1STARA HOUSE marks a significant step forward in Object 1’s evolution into a lifestyle-focused, purpose-driven, and globally-minded real estate narrative.

V1STARA HOUSE offers one- to 3.5-bedroom apartments across approximately 10 residential floors, starting from AED 1.1 million. Meticulously designed with thoughtful layouts, 3.1-meter ceilings, and panoramic windows, each floor accommodates six to eleven apartments, ensuring space and privacy—features increasingly important to today’s buyers. With rental transactions in Al Furjan up 8% and one-bedroom rental values surging by 39%, the area offers yields of up to 9%, making V1STARA a strong opportunity for both end-users and investors.

Located in one of Dubai’s most strategically positioned and family-oriented districts, V1STARA HOUSE is set to benefit from the city’s ongoing investment in infrastructure, sustainability, and connectivity. Al Furjan offers excellent accessibility, situated between Sheikh Zayed Road and Sheikh Mohammed bin Zayed Road, and is currently served by the Red Metro Line. Its proximity to key commercial hubs such as Jebel Ali Free Zone and Dubai Industrial Park and retail destinations like Ibn Battuta Mall makes it an ideal choice for both residents and investors. The development itself integrates eight retail spaces on the Ground Floor to provide daily conveniences.

Tatiana Tonu, CEO of Object 1, said: “V1STARA HOUSE is our response to current market dynamics—offering a product that balances aspirational living with real value. As Dubai expands with major infrastructure projects like the new Al Maktoum International Airport terminal, adjacent areas like Al Furjan are establishing themselves as a trusted investment hub, driven by high demand and long-term growth potential. V1STARA is a smart, functional choice, whether you’re an investor looking for solid returns or someone searching for a comfortable, well-connected home. It’s thoughtfully designed with the community in mind and built to keep up with today’s digital lifestyle.”

In Q1 of 2025, Dubai’s off-plan market continued its upward trajectory, with the average price per square foot reaching AED 1,250—a 13% year-on-year increase. The median apartment price rose by 19% to AED 1.515 million, reflecting sustained demand across the residential sector. Known for its predominance of low-rise developments—including villas, townhouses, and mid-rise apartment buildings—Al Furjan offers a more grounded residential experience, increasingly sought after in a city largely defined by its high-rise skyline.

Architecturally, V1STARA HOUSE blends contemporary designs and smart technologies with timeless cultural resonance. Inspired by the Sanskrit word “Vistara”, meaning expansion, the tower embodies the principles of growth, emotional well-being, and universal unity. This narrative is reinforced through interiors designed in a palette of deep midnight blues, cosmic golds, and ethereal whites—drawing from the visual richness of the cosmos.

From a lifestyle standpoint, the development is anchored by a thoughtfully curated range of amenities, including a welcoming lobby, a lagoon-style pool with a sun-soaked deck and loungers, and a separate kids’ swimming pool. Families will appreciate the indoor kids’ playroom and outdoor play area, while wellness is covered with separate ladies’ and gents’ gyms and a relaxing sauna. For leisure, residents can enjoy a game room, cinema, and clubhouse, along with a BBQ area and lounge. A dedicated 4-storey parking structure ensures ample space and security for residents’ vehicles. Homes come equipped with a smart home ecosystem that allows residents to control lighting, climate, and security from their mobile devices, while a smart locking system ensures seamless, keyless access and enhanced safety.

As Dubai’s affordable housing segment becomes a focal point for developers and investors in 2025, Object 1’s entry with V1STARA HOUSE highlights a strategic approach to market timing, product positioning, and community integration.  With rising end-user demand in Al Furjan, the project emerges as both an attractive lifestyle choice and a forward-looking investment opportunity.

MOST POPULAR

Chris Dixon, a partner who led the charge, says he has a ‘very long-term horizon’

5 MOST EXPENSIVE PROPERTIES OF 2021

The largest single-dwelling sales of the calendar year.

Landmark in Talks with Egypt for $4B Real Estate Development

Landmark Developments is negotiating with Egypt to launch a $4 billion residential and commercial development in Cairo, blending premium residential with commercial spaces. The project aligns with Egypt’s national vision for sustainable urban growth and foreign direct investment attraction.

Mon, Apr 21, 2025 2 min

Landmark Developments, a prominent name in the regional real estate sector, is currently in advanced negotiations with the Egyptian government to launch a major $4 billion residential and commercial development in Cairo. The announcement was made by Managing Partner Hamad Al Abbar during an interview with Asharq Business, highlighting the company’s long-term commitment to Egypt’s fast-growing property market.

This new project aims to significantly contribute to the evolution of Egypt’s urban infrastructure, blending premium residential offerings with vibrant commercial spaces. The development is expected to include luxury apartments, retail hubs, hospitality elements, and community-centric spaces that cater to both local and international buyers and investors.

Landmark’s Strategic Focus on Egypt’s Real Estate Market

Al Abbar emphasized Landmark’s strong belief in Egypt’s real estate potential, noting that the country represents the company’s largest investment destination to date. Currently, Landmark Developments has a total investment portfolio valued at approximately $6 billion. Of this, $5 billion is already allocated to various Egyptian real estate projects, while the remaining $1 billion is distributed across Dubai and other global markets.

The Managing Partner also revealed that Landmark is in the final stages of securing two additional real estate agreements on Egypt’s North Coast, with deal finalizations expected before the summer. These coastal developments are part of the company’s broader strategy to tap into Egypt’s growing demand for resort-style living and high-end coastal properties.

Supporting Egypt’s Urban Growth and Investment Vision

Landmark’s upcoming Cairo project is aligned with Egypt’s national vision for sustainable urban growth and foreign direct investment attraction. With ongoing reforms in the Egyptian real estate sector and increasing demand for mixed-use developments, Landmark’s presence further strengthens Egypt’s position as a magnet for real estate investments in the MENA region.

The company’s entry into high-profile projects also signals investor confidence in Egypt’s economic stability and evolving urban master plans. Landmark’s projects aim to integrate smart technologies, sustainable construction practices, and modern design principles to attract discerning investors and end-users alike.

MOST POPULAR

Chris Dixon, a partner who led the charge, says he has a ‘very long-term horizon’

The market is forced to confront the impact of COVID lockdowns.

Al Nakhla Finalizes Major Saudi Residential Project

Al Nakhla Investment Company has completed the Al Sharq Village, a luxury residential compound in Riyadh, Saudi Arabia. The 450-unit project, spanning over 167,000 sq m, offers modern architecture and traditional Salmani style, and is located near the Riyadh Metro network and King Khalid International Airport.

Mon, Apr 21, 2025 2 min

Al Nakhla Investment Company has announced the completion of the Al Sharq Village, one of the premier luxury residential compounds in Saudi capital Riyadh.

Strategically located in the Qurtuba district, the project features a total of 450 residential units, combining elegance and comfort with meticulous attention to detail in design and infrastructure.

It offers upscale living options for those seeking a high-quality lifestyle. With its integrated living environment and world-class specifications, it presents an ideal destination for families looking for a modern and tranquil way of life.

The project, which got completed after two and a half years of construction, is distinguished by its wide green landscapes, enhancing quality of life and offering a peaceful and relaxing environment.

It boasts a comprehensive range of facilities that cater to all residents’ needs, including sports, recreational, healthcare as well as educational facilities.

Al Sharq Village delivers comprehensive services to support daily living, making it one of the most complete residential compounds in the area. It is expected to accommodate 1,200 residents.

Al Nakhla Investment said it took great care in implementing a design that merges modern architecture with the traditional Salmani style, which is in alignment with Riyadh’s urban planning.

The project spans over 167,000 sq m, offering a comprehensive residential destination that combines comfort, aesthetic appeal and construction quality, it stated.

“Al Sharq Village project continues Al Nakhla Investment Company’s success in real estate development. We have previously developed nearly 3,000 premium residential units, in addition to commercial, office, and hospitality projects,” said a company spokesman.

The compound includes a fine-dining restaurant, Costa Coffee, Al Tamimi Supermarket, and various retail outlets offering a wide range of services to meet residents’ needs, he stated.

Located in Qurtuba, one of Riyadh’s fast-growing modern districts, the project benefits from proximity to the Riyadh Metro network, allowing easy access to all parts of the capital within minutes.

Its prime location provides convenient access to key business and leisure destinations, including Sabic, King Abdullah Financial District, Riyadh Front, Business Gate, and the Fairmont Hotel, said Al Nakhla Investment in a statement.

The development is also just 15 minutes from King Khalid International Airport, making it an ideal choice for business professionals and frequent travelers, it added.

MOST POPULAR

Chris Dixon, a partner who led the charge, says he has a ‘very long-term horizon’

5 Luxury Brisbane Apartments

Inside the Queensland capital’s most elevated residences.

Ardee Reveals Premium Coastal Project on Al Marjan Island

Ardee Developments has launched Ardee Al Marjan Island, the largest development on Al Marjan Island, Ras Al Khaimah. The multibillion-dirham project combines luxury living with hospitality, retail, leisure, and entertainment, featuring branded residences, townhouses, private villas, a luxury hotel, an immersive F&B promenade, and diverse lifestyle amenities.

Sun, Apr 20, 2025 2 min

Ardee Developments, the newest player in the UAE’s thriving real estate market, has officially launched with the unveiling of Ardee Al Marjan Island — a landmark multipurpose destination and the largest development on Al Marjan Island, Ras Al Khaimah.

Spanning over 2.5 million square feet, Ardee Al Marjan Island is a multibillion-dirham flagship project designed as a vibrant lifestyle community. Blending luxury living with hospitality, retail, leisure, and entertainment, the master-planned development will feature branded and serviced residences, townhouses, and private villas, along with a luxury hotel, an immersive F&B and retail promenade, and diverse lifestyle amenities — all integrated into a seamless, future-forward coastal environment.

Romeo Abdo, Founder of Ardee Developments, said: “We founded Ardee Developments with a vision to craft spaces that go beyond luxury — communities that offer comfort, elegance, and genuine connection. Ras Al Khaimah’s momentum as a global hospitality and investment hub makes it the ideal launchpad. With Ardee Al Marjan Island, we’re bringing to life a coastal lifestyle anchored in innovation, beachside living, and world-class experiences.”

Vishal Mehta, CEO of Ardee Developments, added: “Ardee Al Marjan Island is more than a development — it’s a sustainable, all-in-one waterfront destination designed to blend living, working, leisure, and community As the first fully integrated multipurpose project of its kind — and the largest ever on Al Marjan Island — it combines contemporary island living with walkable zones, curated amenities, and immersive entertainment. With panoramic sea views, direct access to pristine beaches, and a focus on quality, detail, and meaningful social connections, we’re setting a new benchmark for coastal communities that deliver long-term value for residents, visitors, investors, and stakeholders alike.”

Arch. Abdulla Al Abdouli, Chief Executive Officer, Marjan, commented: “We are pleased to welcome Ardee Developments to Ras Al Khaimah’s premium lifestyle destination Al Marjan Island with the launch of Ardee Al Marjan Island. This dynamic project will no doubt enhance the emirate’s appeal as a sought-after real estate destination and tourism spot. Integrated developments like this are central to realising our vision of curating sustainable, high-quality communities that appeal to global and local tourists, investors and residents seeking an elevated lifestyle.”

Seamlessly blending unique topography with world-class facilities, Al Marjan Island continues to draw discerning investors and residents on the lookout for exclusive immersive experiences.

Thoughtfully designed to embrace modern island living, Ardee Al Marjan Island will offer interactive green spaces, pedestrian-friendly boulevards, and a full spectrum of wellness, leisure, and retail experiences. The community will feature direct beach access, panoramic sea views, and a strong connection to the natural coastal landscape. Residents and guests can enjoy curated dining, world-class hospitality, wellness zones, and unique attractions including family entertainment, gaming experiences, and waterfront activities — all within one immersive setting.

With a strong focus on sustainability, smart technology, and resilient infrastructure, Ardee Al Marjan Island is built for the future — a vibrant, all-encompassing destination that redefines high-end island living.

MOST POPULAR

Chris Dixon, a partner who led the charge, says he has a ‘very long-term horizon’

What this ‘median’ 7-figure price tag scores across Australia.

Dubai Real Estate Adapts to Attract Global Buyers

Dubai is attracting international investors seeking stability and lifestyle beyond returns, with a 37% increase in German emigration. Modern buyers prioritize work-life balance, wellness, and family needs, leading to a growing demand for green spaces, co-working areas, and wellness-focused amenities.

Sat, Apr 19, 2025 2 min

As global events and economic shifts lead to changing living choices, Dubai stands out as a top destination for international investors seeking stability and a lifestyle beyond investment returns. With a 37% increase in German investors considering emigration, the city is no longer just a tax-friendly haven, it’s quickly becoming a place where the world’s elite want to settle.

Unlike the past, when many buyers saw Dubai as a temporary investment opportunity, today’s international investors are looking for long-term livability. Focusing on community, sustainability, and a high quality of life, modern buyers are prioritizing homes that support work-life balance, wellness, and family needs. As a result, there is a growing demand for developments that offer green spaces, co-working areas, and wellness-focused amenities, features that reflect the changing priorities of global investors.

Dubai’s residential landscape is adapting to this demand by creating communities that blend smart technology and curated community experiences. QUBE Development’s Arisha Terraces is a project that reflects this shift in real estate. Designed to offer more than just living spaces, Arisha Terraces incorporates advanced smart home systems, hydroponic rooftop garden, and wellness-focused amenities to meet the expectations of today’s discerning buyers.

“Dubai’s real estate market has evolved beyond bricks and mortar and is now creating genuine living spaces where people feel a true sense of belonging,” said Elio Badr, Sales Director at QUBE Development. “Arisha Terraces was purposefully designed to reflect this shift, blending nature, smart technology and a strong sense of community to offer residents not just a home, but a lifestyle rooted in connection and comfort to enhance everyday life.”

With a focus on well-being, Arisha Terraces features filtered drinking water systems across all units and common spaces, energy-efficient solutions like solar panels, and a two-level community center with shared workspaces, a library, and a cinema lounge, even featuring padel courts, which are all elements that are becoming increasingly sought-after by international buyers. This shift signals a new era of luxury real estate, where both high returns and an enhanced quality of life are prioritized.

As Dubai continues to attract a growing number of global investors looking to settle in the country, developments like Arisha Terraces showcase how the city is redefining development as a reflection of modern living priorities.

MOST POPULAR

Chris Dixon, a partner who led the charge, says he has a ‘very long-term horizon’

FIVE PERTH PROPERTIES UNDER $750K

What a quarter-million dollars gets you in the western capital.

LMD UAE Reveals AED 400M Taiyo Residences at Dubai Property Show 2025

LMD has unveiled Taiyo Residences in Dubai, a residential development focusing on light and space. The AED 400 million project, located at Wasl Gate, features 379 units and amenities like gyms, lap pools, and paddle courts. The façade features elegant glass, steel, and earth tones.

Thu, Apr 17, 2025 2 min

LMD, a real estate developer with a diverse portfolio spanning the UAE, Egypt, Spain, and Greece, today unveiled Taiyo Residences in Dubai during the International Property Show 2025 

Built around the philosophy of light and space, the AED 400 million residential development located at Wasl Gate is slated for handover in Q1 2028. The concept of “Designed by Light” drives the architectural vision of the project, with every detail meticulously crafted to harness the power of natural illumination. This design approach fosters serene, tranquil living environments where light seamlessly integrates with space, enhancing the overall resident experience.

Commenting on the launch, Hamad Al Abbar, Managing Partner of LMD UAE stated: “Taiyo Residences goes beyond real estate. It’s a lifestyle sculpted by light. We are thrilled to introduce a project that offers premium living spaces while fostering a sense of connection and community. With its thoughtful design and integration of both outdoor and indoor amenities, Taiyo symbolizes our commitment to providing spaces that enhance both well-being and quality of life.”

Taiyo Residences features 379 thoughtfully designed units, including studios, one-bedroom, two-bedroom, and three-bedroom apartments. The design impeccably blends both indoor and outdoor spaces, ensuring year-round comfort and convenience for residents. 

A wide range of amenities is available to support every aspect of modern living, from fitness and wellness to recreation and relaxation. Residents can enjoy state-of-the-art indoor and outdoor gyms, a lap pool, a beach pool, and a kids’ pool, a kids’ area as well as an outdoor martial arts studio and a paddle court. 

For socializing and entertainment, the development offers a BBQ area, gaming lounge, table tennis, billiards, and a PlayStation zone. In addition, dedicated wellness spaces include co-working areas, a quiet zone, reading lounges, and a coffee bar, all designed to enhance the resident experience.

Taiyo Residences offers excellent proximity to key destinations. Residents can easily reach the Energy Metro Station, Festival Plaza, mosques and churches in just 2-5 minutes. For those driving, major attractions such as Ibn Battuta Mall, Palm Jumeirah, Dubai Marina, and Mall of the Emirates are just 5-10 minutes away, providing convenient access to shopping, entertainment, and leisure.

Ascending with quiet confidence, Taiyo Residences’ façade is an impressive display of thoroughly crafted elegance. Its subtle interplay of glass, steel, and earth tones hints at the bespoke world within, earning it the distinction of being a precursor to a curated lifestyle. Floor-to-ceiling windows reflect the changing hues of the sky, while spacious balconies in the distance extend an invitation to step out and soak in breathtaking panoramic views.

MOST POPULAR

Chris Dixon, a partner who led the charge, says he has a ‘very long-term horizon’

Alexandre de Betak and his wife are focusing on their most personal project yet.

Greenwood Properties Priced Up to 404% Lower Than Competitors

Dubai Hills Estate and Arabian Ranches are experiencing high property prices, while Greenwood by Nakheel is emerging as Dubai’s greenest residential and investment destination, offering a significant price difference and sustainable, infrastructure-backed communities with contemporary design standards.

Wed, Apr 16, 2025 2 min

With property prices in Dubai’s most recently established residential hubs such as Dubai Hills Estate and Arabian Ranches reaching record highs, attention is beginning to shift toward emerging communities with untapped potential. One such community gaining notable traction is Greenwood by Nakheel, which is positioning itself as Dubai’s greenest residential and investment destination.

Over the past year, six-bedroom villa sales in Dubai Hills Estate have averaged AED 34.8 million at AED 2,663 per square foot. In Greenwood, the same villa is priced at AED 6.9 million with an average of AED 1,333 per square foot, marking a 404 percent price increase and a gap of over AED 27.9 million. For three-bedroom townhouses, Dubai Hills Estate sales averaged AED 5.8 million at AED 1,833 per square foot, while Greenwood offered them at AED 3.2 million and AED 1,164 per square foot, reflecting a 81 percent price difference. The substantial value gap positions Greenwood as a standout investment opportunity in the current market.

Beyond price accessibility, what sets Greenwood apart is the scale and ambition of developments underway. Greenwood, the largest green sustainable community, spans over 3.95 million square meters and is poised to reshape the area’s residential landscape. Its first flagship project, Kensington Gardens by LEOS Developments, reflects the type of high-spec, design-led British housing now being delivered in Dubai’s emerging districts.

Greenwood represents the next chapter of Dubai’s urban expansion, which is one that aligns with evolving investor priorities, including sustainably developed, infrastructure-backed communities. With contemporary design standards and strategic connectivity to key zones in the city, it offers investors a more accessible alternative to the city’s increasingly saturated prime districts.

As demand shifts away from overcrowded and overpriced neighborhoods, Greenwood stands out as a strategic investment play, where luxury, sustainability, and long-term return on investment (ROI) meet.

MOST POPULAR

Chris Dixon, a partner who led the charge, says he has a ‘very long-term horizon’

Sydney’s prestige market is looking up, here’s three of the best on the market right now.

Beyond Developments launches the Mural in Dubai Maritime City

BEYOND Developments has launched The Mural, its fourth project in Dubai Maritime City, designed by British firm BENOY. The 36-storey tower offers luxury living in a tranquil waterfront environment, with amenities like a gym, infinity pool, and a dedicated yoga zone. The project is set to be completed by Q2 2028.

Tue, Apr 15, 2025 2 min

BEYOND Developments, the fast-rising name in Dubai luxury real estate, has launched The Mural, its fourth project within its 8 million sq. ft Dubai Maritime City masterplan. A true design statement, The Mural blends architectural artistry with an extraordinary waterfront lifestyle offering investors high capital appreciation and unique luxury living that matches their aspirations.

Building on the phenomenal success of its third project Sensia, sold out within two days of launch, The Mural marks another architectural and artistic triumph for BEYOND. A landmark addition to Dubai Maritime City, it redefines the relationship between nature and urban design, offering residents a tranquil waterfront environment while contributing to Dubai’s evolving real estate landscape.

Adil Taqi, Chief Executive Officer, BEYOND Developments, said: “Investor confidence in Dubai is unstoppable, as evidenced by its No. 1 FDI ranking for four consecutive years. We are responding with decisive action, securing prime strategic locations to fuel growth and deliver value. The rapid success of our projects so far, powered by a diverse international investor base, testifies to a dynamic trajectory inspired by our home city.”

BEYOND’s earlier projects including Saria, Orise, and Sensia, have consistently attracted discerning investors from across the MENA region, Europe, Asia, and America. This widespread interest reflects the strength of Dubai’s real estate sector and the growing recognition of BEYOND’s commitment to deliver visionary, design-led developments that stand out on the global stage. Dubai’s progressive regulatory framework and adoption of proptech innovations offer investors confidence and security, essential for significant capital deployment

Strategically positioned at the tip of Dubai Maritime City and adjacent to a master-planned forest, The Mural’s dual waterfront-and-greenery setting shaped the architectural design, which seamlessly integrates nature and urban living.

Taqi added: “The Mural reflects our commitment to innovation and excellence in waterfront living. Every aspect is meticulously designed to focus on maximizing the residential experience on an incredible site and raising the bar for Dubai’s luxury real estate sector.”

Designed by British architectural firm BENOY, The Mural’s striking silhouette comprises two interlocking volumes, tilted toward the water and forest. Lush landscaping is incorporated into the façade through planters, while generous terraces maximize natural light, views, and outdoor living.

The 36-storey tower offers a selection of 1, 2, and 3-bedroom apartments, duplexes, maisonettes, and a penthouse. The resort-style amenities for residents include a state-of-the-art gym, an infinity pool complex, landscaped terraces, BBQ and dining areas, and a dedicated yoga zone. Families benefit from children’s play areas and green spaces, while remote workers can utilize outdoor co-working areas. The Mural’s crown jewel, the Sky Terrace on level 32, offers Jacuzzis, tanning terraces, and sky dining.

The Mural is BEYOND’s fourth project and a testament to the company’s rapid growth and vision. It is scheduled for completion by Q2 2028.

MOST POPULAR

Chris Dixon, a partner who led the charge, says he has a ‘very long-term horizon’

Take a look at what the capital has to offer.

Qatar Real Estate Trades Reach $350M in March 2025

In March 2025, real estate trading in Qatar reached QR 1,277,079,381, with 283 transactions recorded. Doha, Al Rayyan, and Umm Salal were the most active in terms of financial value and traded real estate spaces. Mortgage transactions reached 140, with Al Rayyan leading with 59 transactions. Residential units traded 107 deals, confirming strong growth in the Qatari real estate sector.

Sat, Apr 12, 2025 3 min

The volume of real estate trading in sale contracts registered with the Real Estate Registration Department at the Ministry of Justice in March 2025 amounted to QR 1,277,079,381.

Data from the real estate analytical bulletin issued by the Ministry of Justice revealed that 283 real estate transactions were recorded during the month, with the traded area index rising by 14 percent.

The municipalities of Doha, Al Rayyan, and Umm Salal topped the list for the most active transactions in terms of financial value, according to the real estate market index, followed by Al Dhaayen, Al Wakrah, Al Shamal, and Al Khor and Al Dhakira.

The real estate market index for March 2025 showed that the financial value of transactions in Doha municipality amounted to QR 549,057,249. In Al Rayyan, the financial values of transactions was QR 281,102,397, while in Umm Salal it was QR 145,489,000. Transactions in Al Dhaayen amounted to QR 106,262,190, Al Shamal recorded QR 103,563,429, while Al Wakrah recorded QR 58,915,798. Al Khor and Al Dhakira recorded QR 32,689,318.

In terms of the traded space index, indicators revealed that Doha, Al Rayyan, and Al Shamal municipalities recorded the most active municipalities in terms of traded real estate spaces during March 2025: Doha 26 percent, followed by Al Rayyan 22 percent, and Al Shamal 20 percent. Umm Salal recorded 14 percent, Al Wakrah recorded 8 percent, Al Dhaayen 7 percent, and Al Khor and Al Dhakira recorded 5 percent of the total traded spaces.

Concerning the index of the number of real estate transactions (sold properties), trading indices revealed that the most active municipalities during March were Doha with 34 percent, followed by Al Rayyan with 21 percent, and Al Shamal with 14 percent. Al Dhaayen recorded traded transactions of 12 percent, Al Wakrah with 7 percent, while Al Khor and Al Dhakira recorded 6 percent of the total real estate transactions.

An average per square foot prices for March ranged between (332-756) in Doha, (217-414) in Al Wakrah, (365-546) in Al Rayyan, (377-526) in Umm Salal, (360-516) in Al Dhaayen, (221 -372) in Al Khor and Al Dhakira, and (151-166) in Al Shamal.

The trading volume revealed the highest value of 10 properties sold in March with Doha recording six properties, two properties in Al Rayyan, and one property in each of Umm Sala and Al Shamal.

As for the volume of mortgage transactions in March, the number of transactions amounted to 140, with a total value of QR 2,530,706,248.

Doha recorded the highest number of mortgage transactions with 59 transactions, equivalent to 42.1 percent of the total number of mortgaged properties, followed by Al Rayyan with 34 transactions, equivalent to 24.3 percent of the total number of mortgaged properties, and Al Dhaayen with 14 transactions equivalent to 10 percent of the total number of mortgaged properties, then Umm Salal with 13 transactions, equivalent to 9.3 percent, followed by Al Wakrah with 9 transactions, equivalent to 6.4 percent, Al Khor and Al Dhakira with 6 transactions equivalent 4.3 percent.

Al Shamal with 4 transactions equivalent to 2.9 percent, and Al Shahaniya with one transaction quivalent to 0.7 percent of the total number of mortgaged properties.

As to the value of mortgages, the municipality of Al Rayyan came in the lead with a value of QR1,138,266,687, with Al Sheehaniya recording the lowest value of QR 329,000.

As for residential units, their trading movement during March recorded 107 deals with a total value of QR215,120,723.

This data confirms the continued strong growth of the Qatari real estate sector in various investment and commercial fields, thanks to the new decisions related to real estate brokerage, real estate registration and documentation, ownership and usufruct, in addition to the laws that attract local and foreign capital, which enh

MOST POPULAR

Chris Dixon, a partner who led the charge, says he has a ‘very long-term horizon’

Self-tracking has moved beyond professional athletes and data geeks.

0
    Your Cart
    Your cart is emptyReturn to Shop