Betterhomes, DHB Holding launch Opula residential development in Abu Dhabi's Yas Bay
Betterhomes, in partnership with DHB Holding, has announced the launch of Opula, a new residential development in Yas Bay, Abu Dhabi.
The project arrives as the emirate's property market exhibits strong performance with transactions increasing by 24.2 per cent in 2024.
The Opula development will feature a range of units, including one to four-bedroom simplexes, duplexes, penthouses, and townhouses. The property offers sea views and access to Yas Bay's waterfront promenade.
Abu Dhabi's Yas Bay welcomes new Opula development as property market grows 24%
' Abu Dhabi's real estate market continues to prove its resilience and upward trajectory. Based on what I've seen, developments like Opula offer a rare combination of long-term stability and high growth potential. Investor appetite is strong and growing, and those who invest now are well positioned to capitalise on this momentum,' Wassim Abdallah, Director of Development Sales and Consultancy at Betterhomes said.
The development includes facilities such as an infinity pool and fitness centre, which the developers suggest will help attract high-value tenants and potentially increase rental yields.
According to market data, Abu Dhabi's real estate sector recorded AED 96.2 billion across 28,249 transactions in 2024, representing a 24.2 per cent increase compared to the previous year.
Foreign direct investment in the sector reached AED 7.86 billion, marking a 125 per cent increase, with contributions from 2,302 investors representing 105 countries.
While specific transaction figures for Yas Bay are not separately disclosed, the area falls within the broader Yas Island district, which has demonstrated growth in line with Abu Dhabi's overall market performance.
DHB Holding states that its commitment to construction quality will ensure lasting value for the Opula development and potentially lead to lower vacancy rates for investors.
The project is being positioned as an investment opportunity that aligns with Abu Dhabi's continuing property market growth and development strategy.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Zawya
40 minutes ago
- Zawya
‘Critical minerals availability pose growing threat to energy transition'
Critical minerals such as copper and silver, which underpin the clean energy transition, are increasingly exposed to supply chain vulnerabilities, according to a senior executive at UAE-based cable and wire company Ducab. Speaking at the World Utilities Congress held from 27–29 May 2025 in Abu Dhabi, Shailendra Pratap Singh, Vice President for GCC, Europe, and the Americas at Ducab stated that copper demand is set to double within five to ten years, while traditional supply sources such as Chile, Peru, and the Democratic Republic of Congo face heightened risks from political instability and climate-related disruptions. 'There are so many political instabilities and climatic impacts, so any new investment that goes in needs a lot of approvals,' he said. He highlighted the increasing cost of copper, referencing forecasts from Goldman Sachs, which foecasts prices to reach $10,500 per metric tonne by the end of 2026, up from around $3,000 fifteen years ago. Singh added that silver, essential for solar panel manufacturing, is also under supply pressure. In response, Ducab has taken internal measures to strengthen supply chain resilience, including localised recycling initiatives. 'We try to recover and recycle our copper to the extent possible. We have in-house granulators, and we work closely with DEWA and TAQA to take the material back at the end of its lifecycle,' he said. Ducab's innovation extends to process optimisation. 'For aluminium rods, we get molten aluminium in a crucible from EGA (Emirates Global Aluminium), which is located very close to our factory. This eliminates the need to cool and remelt the material, cutting emissions significantly.' According to Singh, strengthening supply chains through material recovery and operational innovation will be essential for utilities and manufacturers as they address rising demand, resource constraints, and decarbonisation goals simultaneously. (Writing by Rajiv Pillai; Editing by Anoop Menon) (
Khaleej Times
40 minutes ago
- Khaleej Times
Dubai Metro Blue Line: What world's highest station by Burj Khalifa architects will look like
UAE is a land of the world's 'mosts' — the fastest, the biggest, the richest. And now the Emirates has added another crown to its urban landscape, the world's highest metro station under the Blue Line network. The Dubai Ruler, a visionary long associated with the Metro's history, laid the foundation stone of the first station of the new network — Emaar Properties — set to begin on September 9, 2029, once again choosing the iconic number nine. The station's design looks futuristic, to say the least. It involves a portal-like structure, invoking a literal 'gateway to the future', part of Dubai's vision. Design masterminds A natural first question is: Who designed the world's highest station? On Monday, it was revealed to be none other than the creative minds behind the world's tallest tower, Burj Khalifa. The renowned American architectural firm Skidmore, Owings & Merrill (SOM) have also designed the Olympic Tower in New York, and the Sears Tower in Chicago. Standing at a height of 74 metres (242 ft), the station has 3 levels, and includes layers of stunning architecture. At first glance, its towering walls rise to the skies while remaining firmly rooted in Earth, with warm, natural tones and textures. The ceilings have glass panels, allowing sunlight to stream into the platforms and the lobby. The platform seems to emerge from the walls of the station, while a pedestrian bridge connects passengers to the metro line. Natural stone and metals blend together in classic Dubai fashion, embracing tradition and modernity. Jura limestone bronze metal will form the wall panels, while the floor tiles are made of granite. The Blue Line's design was earlier unveiled in October 2024, when a station model showcased a large, oval-shaped design arching over the tracks, different from the fully-enclosed stations that are currently in use in the Red and Green Lines. The current design is starkly different from the earlier model, constructing large vertical walls around the platform, while also retaining the typical metro terminal arch used in the Red and Green Lines. The station stands as a mini-community, with electric vehicle charging points, spaces for drop off, and parking for users surrounded by lush green spaces. Set to transport 160,000 passengers per day by 2040, the station will take commuters to their destination, and a little closer to the future.
Zawya
an hour ago
- Zawya
Leadership Announcement: Tarun Jewalikar joins Novotel and Adagio Premium Dubai Al Barsha as Cluster F&B Director
Dubai, United Arab Emirates — Accor is proud to announce the appointment of Tarun Jewalikar as Cluster Director of Food and Beverage for Novotel Dubai Al Barsha and Adagio Premium Dubai Al Barsha. Tarun steps into this new leadership role with an invested motive to redefine the F&B offering as a destination-led experience, championing culinary innovation, commercial excellence, and sustainability. Tarun previously served as Cluster F&B Manager for Accor's Deira Waterfront cluster, overseeing operations across Ibis Styles, Mercure Hotel, and Adagio Dubai Deira. Under his guidance, the cluster achieved significant milestones like strong profitability metrics across all properties, a highly motivated team and industry-recognized sustainability initiatives. He led the successful launch of restaurant and bar concepts, high-profile regional events, and established impactful partnerships with local and international brands. In his new role, Tarun will spearhead a transformative vision for Novotel and Adagio Premium Dubai Al Barsha, positioning the hotels' F&B offerings as standalone lifestyle destinations. His leadership is anchored in a people-first culture, where team development, inclusion, and performance optimization take center stage. He will be responsible for leading F&B strategy, innovation, and commercial performance, while delivering curated and mystical guest experiences designed to elevate brand perception and customer loyalty. Speaking on his appointment, Tarun Jewalikar commented: 'I'm honoured to take on this new challenge with Accor. My vision is to evolve hotel dining into destination-led experiences that resonate emotionally and culturally with our guests, while driving meaningful value for our teams, owners, and the community.' A known pioneer in ESG-forward hospitality, Tarun has led impactful sustainability programs including zero-waste initiatives, hydroponic partnerships, and local sourcing collaborations aligned with Accor's brand and ownership values. Tarun holds an MBA in Global Hospitality Management from Les Roches Global Hospitality School, Switzerland, and a Bachelor of Science (Hons.) in Hotel and Restaurant Management from Oxford Brookes University, UK. Accor congratulates Tarun on his new role and looks forward to his continued impact in elevating hospitality experiences across the region. About Novotel Dubai Al Barsha Situated in the heart of Dubai, Novotel Dubai Al Barsha is designed to meet the requirements of travellers and residents alike. The property offers a relaxed yet lively atmosphere, inviting guests to make everyday moments matter. With an intuitive design and a range of rewarding experiences, the property promises a sharp urban-style living coupled with a comfortable atmosphere. Novotel Dubai Al Barsha offers the perfect destination to connect with family, friends and colleagues. Novotel Dubai Al Barsha won TripAdvisor's Travellers Choice Award and is rated Fabulous by guests on for its lively ambiance and a team of passionate Heartists. The Novotel Dubai Al Barsha offers to guests' exclusive savings and rewards as part of its lifestyle loyalty programme – ALL: Accor Live Limitless. Members can earn and redeem points and enjoy savings for every stay while discovering a world of unique benefits such as room upgrades and exclusive discounts in participating restaurants and more.
