From Deyaar and Azizi to HRE: Top 5 Real Estate Announcements in the UAE This Week

 

The slate of announcements this week highlight Dubai’s growing focus on sustainable, wellness-centric, and luxurious living environments.

 
By Marisha Singh, November 28, 2024 UAE Real Estate
 

From Deyaar and Azizi to HRE: Top 5 Real Estate Announcements in the UAE This Week
 

Major real estate developers in the UAE have revealed new projects, campaigns, and project sell-outs this week.

  1. Deyaar Launches AED 1.5 Billion Park Five in Dubai Production City
    Deyaar unveiled Park Five, an urban sanctuary with wellness-centric amenities such as yoga lawns, rooftop Zen gardens, and sustainable designs. Saeed Mohammed Al Qatami, CEO of Deyaar Development, shared: "Park Five has been developed in alignment with Dubai’s vision of creating sustainable and innovative urban spaces. This project reflects our commitment to delivering world-class, sustainable developments, responding to global investor interest in UAE real estate." The project is set to complete its first phase in Summer 2027 with flexible payment plans.

  2. Azizi Developments Reveals Ultra-Luxury Monaco Mansions
    Azizi introduced Monaco Mansions, part of its Azizi Venice community in Dubai South, featuring bespoke designs and premium waterfront amenities. Mirwais Azizi, Founder and Chairman of Azizi Developments, noted: "The unveiling of Monaco Mansions represents a significant milestone in Dubai’s luxury real estate landscape. These exclusive mansions embody our commitment to delivering unparalleled sophistication and elevated lifestyles tailored for the privileged few." The mansions are complemented by a cultural district featuring an opera house and art spaces.

  3. The Ritz-Carlton Residences Creekside Promotes Wellness Living
    Keturah launched a sales campaign for The Ritz-Carlton Residences, Dubai, Creekside, part of the wellness-certified Keturah Resort. Talal Moafaq Al Gaddah, CEO of Keturah, said: "At Keturah, we are redefining luxury living by integrating luxury with wellness, sustainability, and exceptional design. This campaign reflects our commitment to making our developments more accessible while maintaining exclusivity." The project uses "Bio Living" principles to enhance physical and mental well-being.

  4. Skyhills Residences 2 Sells Out; Next Phase Launched
    HRE Development and One Broker Group announced the sell-out of Skyhills Residences 2 in JVC, featuring smart-home technology and premium furnishings. Vice Chairman Hasan Hejazi remarked: "Skyhills Residences 3 will continue to reflect our commitment to offering communities the best of quality and design that are not just living spaces but lifestyle statements." Skyhills Residences 3 follows the success of its predecessor with innovative layouts and flexible payment options.

  5. Majid Al Futtaim’s Lacina Achieves Record Sell-Out in Ghaf Woods
    The Lacina phase of the nature-inspired Ghaf Woods community saw a rapid sell-out, emphasising the demand for sustainable living. Ahmed El Shamy, CEO of Majid Al Futtaim Properties, stated: "With Ghaf Woods, we are setting a new benchmark for sustainable, nature-integrated living in Dubai. This milestone highlights the trust and confidence the market places in Majid Al Futtaim’s ability to deliver visionary, high-quality destinations." The larger development includes forest-themed landscapes and diverse floor plan options.

Deyaar  Azizi Developments  HRE Development  Ritz-Carlton Residences  

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