logo
Meraas Awards AED 2 Billion Contract for First Residential Community in Dubai Design District

Meraas Awards AED 2 Billion Contract for First Residential Community in Dubai Design District

Hi Dubai11-03-2025

Dubai Holding Real Estate's Meraas has awarded a contract exceeding AED 2 billion to Arabian Construction Company LLC for the construction of Design Quarter at d3, marking the launch of the first residential community within Dubai Design District (d3), a globally recognized creative and design hub.
Slated for completion by mid-2027, the ambitious project will feature 558 apartments housed across three buildings—one low-rise and two high-rise towers, situated atop a meticulously designed landscaped podium.
This podium will act as a vibrant social hub, seamlessly connecting the residential structures while offering an array of amenities, including co-working spaces, an indoor-outdoor gym, swimming pool, barbecue areas, and dedicated play zones for children. The community is envisioned to foster a dynamic and collaborative environment, aligning with d3's reputation as a thriving space for innovation and creativity.
The development underscores Meraas' commitment to enhancing Dubai's urban landscape by integrating contemporary living spaces with world-class amenities. Design Quarter at d3 is expected to attract designers, entrepreneurs, and professionals seeking a unique live-work-play lifestyle in the heart of Dubai's design epicenter.
News Source: Emirates News Agency

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Unisat Ajman rolls out big offers for Philippine Independence Day and long weekend
Unisat Ajman rolls out big offers for Philippine Independence Day and long weekend

Filipino Times

time6 hours ago

  • Filipino Times

Unisat Ajman rolls out big offers for Philippine Independence Day and long weekend

In celebration of Philippine Independence Day and the much-anticipated long weekend, Unisat Ajman shops are unveiling a major sale packed with unbeatable deals on popular beverages and well-loved brands by the Filipinos. Shops open daily from 9 AM to 1 AM, Unisat has become a trusted shopping destination for the Filipino community in the UAE, thanks to its spacious store, no tax, and free parking, offering both convenience and value in one place. This limited-time promotion brings a taste of home closer to kabayans with exclusive discounts on well-known party favorites and classic Filipino brands. Check out some of the fantastic deals you can take advantage of: Emperador Light Spanish Beverage 1L – AED 17 Fundador Super Special Beverage 1L – AED 20 Ginebra Premium Gin 75 cl – AED 15 GSM Mojito 1L – AED 15 GSM Frasco Hari 1L – AED 15 Primera Light Beverage 1L – AED 15 San Miguel Pale Pilsen Can 50 cl – 4 for AED 10 / AED 60 per case San Miguel Light Can 33 cl – 5 pcs for AED 10 / AED 48 per case San Miguel Light Bottle 33 cl – 5 pcs for AED 10 / AED 48 per case Fundador 1L – AED 35 Jack Daniels McLaren 70 cl – AED 55 Chivas Regal 1L – AED 99 Jim Beam 1L – AED 45 Whether you're planning a celebration with friends or simply want to enjoy your favorites at home, Unisat Ajman has you covered, from classic Filipino favorites to premium international labels. With these limited-time offers, there's no better time to drop by and stock up. The store boasts a wide selection of beverages at unbeatable prices, making it the perfect destination for value and variety you won't want to miss. For more information, call Unisat Emirates: 056 119 9527 / Unisat Lucky: 056 119 9518 / Unisat Al Zahra: 056 119 9517 and follow @unisatajman on social media. Make your celebrations special with unbeatable offers — only at Unisat Ajman!

Celebrate Philippine Independence Day at City Centre Deira: Shop, win, and experience Filipino pride!
Celebrate Philippine Independence Day at City Centre Deira: Shop, win, and experience Filipino pride!

Filipino Times

time12 hours ago

  • Filipino Times

Celebrate Philippine Independence Day at City Centre Deira: Shop, win, and experience Filipino pride!

City Centre Deira is proudly joining the Filipino community in commemorating the 127th Philippine Independence Day with a vibrant showcase of culture, creativity, and exciting rewards! From June 5 to 15, the mall transforms into a festive hub for Filipino pride, offering shoppers engaging experiences and exclusive promotions. Shop & Win In the spirit of celebration, City Centre Deira invites shoppers to join its 'Shop & Win' promotion. Simply spend AED 300 during the campaign period, and you'll get a chance to win a whopping 127,000 SHARE points—equivalent to AED 12,700 in your SHARE Wallet. From fashion and beauty to dining and entertainment, every purchase brings shoppers closer to winning. Adding a personalized touch to the festivities, the mall is also hosting a Customization Booth from June 6 to 15. Visitors who spend AED 200 can enjoy crafting their own tote bags and charms—unique keepsakes that allow them to proudly express their Filipino identity in style. 'City Centre Deira's celebration of Philippine Independence Day reflects our ongoing commitment to cultural inclusivity and diversity by honoring the rich heritage and vibrant community of the Philippines,' the organizers said. Join the grand celebration The highlight of the celebration takes place on June 12 with a grand flag-raising ceremony at 3:00 PM. His Excellency Alfonso Ferdinand Ver, Philippine Ambassador to the UAE, will be in attendance alongside Majid Al Futtaim Managing Director Fuad Mansoor Sharaf. The event will feature a cultural parade and a lively marching band of over 100 students, with the proud participation of the Filipino Social Club. Located in Al Rigga, City Centre Deira continues to be a favorite destination among expatriates. Through its annual Independence Day activities, the mall reaffirms its commitment to cultural inclusivity and celebrates the diversity that makes Dubai unique.

Dubai Property Market Surges Past AED 66 Billion Mark
Dubai Property Market Surges Past AED 66 Billion Mark

Arabian Post

time15 hours ago

  • Arabian Post

Dubai Property Market Surges Past AED 66 Billion Mark

Arabian Post Staff -Dubai Dubai's real estate sector demonstrated remarkable momentum last month, with property transactions reaching a record AED 66.8 billion , reflecting a substantial 44% increase compared to the previous year. This surge highlights a growing population and robust demand across various market segments, driven by both primary and secondary sales. The primary ready property segment emerged as a key growth area, experiencing a fourfold increase in sales value to AED 17.9 billion in May 2025. This sharp rise signals strong confidence among buyers seeking completed units, particularly in sought-after developments across Dubai's key residential hubs. The secondary ready market also recorded significant gains, with sales amounting to AED 24 billion, up 21% year-on-year, underscoring ongoing interest in resale properties. ADVERTISEMENT Combined, the value of primary ready and off-plan transactions soared by 65% to AED 37 billion, while secondary sales posted a 23% rise, reaching AED 29 billion. These figures set new benchmarks for Dubai's real estate market, reinforcing its status as a vibrant and attractive destination for investors and end-users alike. Market analysts point to several factors fueling this upward trajectory. Dubai's population continues to expand rapidly, buoyed by relaxed visa policies and a growing expatriate community. This demographic shift is driving demand for residential properties across the emirate, particularly in areas offering integrated lifestyle amenities and proximity to business districts. Infrastructure developments and government initiatives aimed at enhancing the city's appeal remain key contributors to market confidence. Projects such as the Dubai Metro expansion, new business zones, and cultural hubs are attracting both domestic and international buyers. The real estate sector's performance also benefits from Dubai's position as a global trade and tourism hub, which sustains demand in the rental and resale markets. Within the primary ready segment, the quadrupling of sales reflects a broader trend where buyers prefer completed properties over off-plan purchases, reducing exposure to construction delays and market fluctuations. This preference is particularly pronounced among end-users seeking immediate occupancy. Developers have responded by accelerating delivery schedules and introducing competitive pricing strategies to capture this demand. Off-plan sales maintain a strong presence, contributing significantly to the overall primary market value. The willingness of buyers to commit to projects still under construction suggests continued optimism about Dubai's long-term growth prospects. Developers are increasingly targeting affluent buyers with luxury offerings and integrated communities that blend residential, retail, and recreational spaces. The secondary market's 23% growth highlights the liquidity and resilience of Dubai's property resale sector. Investors and homeowners alike are capitalising on rising property values, with many opting to upgrade or diversify their portfolios. This active resale market provides a vital avenue for market participants seeking flexible entry and exit points. Data also reveals that demand is diversifying geographically. While prime locations such as Downtown Dubai, Dubai Marina, and Palm Jumeirah remain highly sought after, emerging areas like Dubai South and Mohammed bin Rashid City are gaining traction. These developments offer competitive pricing and extensive amenities, appealing to both investors and residents aiming for value and quality of life. Real estate experts caution, however, that sustainability remains a crucial consideration amid rapid growth. Affordability challenges and potential oversupply in certain segments could temper future gains if not managed carefully. Nonetheless, current market dynamics suggest a healthy balance between supply and demand, supported by Dubai's strategic economic vision.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store