Tabeer Developments Unveils Real Estate Ventures in Dubai for 2024
Tabeer Developments offers real estate investors property deals from $174,000 in Dubai.
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In its ongoing expansion since last year’s rebranding, Dubai’s Tabeer Developments is allocating AED1bn ($272m) of inventory for launches in 2024.
In a gathering attended by industry VIPs, its leadership, and a number of real estate brokers, Tabeer Developments revealed its refreshed branding and latest venture.
The newly unveiled Parkside Boulevard is the latest addition to Tabeer’s collection of upscale, affordable luxury residential properties.
The leadership team has recently broken ground for Parkside Boulevard which is coming up in Arjan in Q4 2026 and is marketed as being suited for family living.
Established in 2014, Tabeer Developments is committed to creating high-quality, affordable residential areas. Its current real estate portfolio covers several community areas, including:
– International City
– Dubai Sports City
– Arjan
– JVC
Naveed Godil, Chairman of Tabeer Developments, said: “We are in a new chapter in our real estate journey and immensely proud to have achieved significant success not only in terms of sales but also as a trusted partner that believes in building legacies.
“Delivering on time, offering quality and innovation, has been instrumental in driving our success and customer satisfaction”.
Over the last ten years, Tabeer Developments has completed three successful projects in the city: Dragon Views and Tabeer 1 in International City, and V2 in Dubai Sports City.
Last year, Tabeer Developments prepared to deliver 48 Parkside in Arjan and 99 Park Place in JVC.
Arsalan Pirani, Managing Director of Tabeer Developments, commented: “Our projects are not just buildings; they are vibrant communities designed to foster a sense of belonging and well-being. We believe in creating holistic living experiences that go beyond just bricks and mortar”.
Tabeer will introduce Parkside Boulevard to the market, a new gem in the heart of Arjan, Dubai. This milestone in their quest for excellence is scheduled for completion in Q4 2026, featuring a mixed-use building with six retail spaces and 165 apartments, including:
– Studios (441sq ft)
– One-bedroom units (starting from 779sq ft)
– Two-bedroom apartments (starting from 1,267sq ft)
Parkside Boulevard promises great value, with studio apartments beginning at AED640,000 ($174,200), one-bedroom units from AED1.05m ($286,000), and two-bedroom units from AED1.5m ($408,000).
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
Villa prices saw particularly strong growth, with capital values increasing by 33.4 percent year-on-year
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Dubai’s real estate market showed strong performance in the second quarter of 2024, with notable increases across the residential, office, and retail sectors, according to a new ValuStrat real estate report for Q2 2024.
Villa prices experienced particularly strong growth, with capital values rising by 33.4 percent year-on-year.
Haider Tuaima, Director and Head of Real Estate Research at ValuStrat said: “The Dubai real estate market has shown impressive growth and resilience in recent months. The ValuStrat Price Index for Residential Capital Values increased by 6.4 percent quarterly and 28.2 percent annually, reaching 178.2 points.
“Despite severe flooding caused by record rainfalls in April, the quick and effective response from developers and authorities helped to control the damage, ensuring that market activity and property valuations remained robust in the subsequent months.”
The office sector also performed well, with the VPI for office capital values surging by 31.7 percent annually and 9.4 percent quarterly, reaching 212.5 points—the highest quarterly increase in a decade.
In the retail sector, Emaar Properties reported 98 percent occupancy in their prime mall assets, while overall mall occupancy stood at 96 percent during the first quarter of 2024. The hospitality sector also saw growth, with total international guests reaching 8.12 million as of May 2024, a 9.9 percent increase compared to the same period last year. Hotel occupancy reached 81 percent, rising by 1.4 percent year-on-year.
Despite these positive indicators, Tuaima added, “The decline in transaction volumes calls for a closer examination of market dynamics as stakeholders navigate this evolving landscape.”
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
