logo
DHB, Betterhomes unveil premium residential project in Abu Dhabi

DHB, Betterhomes unveil premium residential project in Abu Dhabi

Trade Arabia19-05-2025

DHB Group, a leading UAE-based real estate development company, has collaborated with Betterhomes, the manager of UAE's largest portfolio of private and commercial properties, for the launch of its latest masterpiece at Yas Bay - Opula Residences.
A premium residential development - Opula - is poised to leverage Yas Bay's growth trajectory. Its key features include prime coastal lifestyle with sweeping marine views.
It offers residents expansive sea vistas and immediate access to Yas Bay's vibrant promenade, enhancing both lifestyle appeal and rental potential.
The Emirati developer said Opula boasts a diverse unit mix featuring a selection of 1-4 bedroom simplexes, duplexes, penthouses and townhouses, thus catering to a broad spectrum of tenants and end-users.
It also has state-of-the-art facilities such as an infinity pool and modern fitness center attract premium tenants, supporting higher rental yields.
According to industry experts, as the emirate's real estate market continues to demonstrate resilience and diversity, Yas Bay emerges as a focal point for investors seeking substantial returns.
Yas Bay, a meticulously planned waterfront destination, is gaining prominence among investors.
While specific transaction data for Yas Bay is not separately disclosed, the broader Yas Island area, encompassing Yas Bay, has shown significant growth.
In 2024, Abu Dhabi's real estate sector recorded a 24.2% increase in transactions compared to the previous year, totaling AED96.2 billion across 28,249 transactions . This growth reflects the emirate's commitment to fostering a dynamic and investor-friendly environment.
"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," said Wassim Abdallah, the Director of Development Sales and Consultancy at Betterhomes.
"Investor appetite is strong and growing, and those who invest now are well positioned to capitalise on this momentum," he added.
Abu Dhabi's real estate sector attracted over AED7.86 billion in foreign direct investment in 2024, a 125% increase from the previous year, with contributions from 2,302 investors across 105 countries. This surge underscores the global confidence in the emirate's property market.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Meraas unveils 754-unit Jumeirah residential towers project
Meraas unveils 754-unit Jumeirah residential towers project

Trade Arabia

time8 hours ago

  • Trade Arabia

Meraas unveils 754-unit Jumeirah residential towers project

Meraas, a member of Dubai Holding Real Estate, has announced the launch of Jumeirah Residences Emirates Towers, a bold new addition to the city's iconic skyline. Designed by acclaimed SCDA Architects, the development introduces a distinctive cantilevered architectural form that sets a new standard for sophisticated urban living. It boasts 754 branded residences - ranging from one-to-four-bedroom layouts - set across two distinctive towers. It offers views of the Museum of the Future and Downtown Dubai, with each residence crafted to ensure complete privacy, said the statement from Meraas. A private entrance beneath the striking cantilever leads to a grand double-height lobby, serene garden courtyard and lounge, establishing an immediate sense of refined luxury, it added. Meraas said the development's three exclusive sky terraces feature infinity-edge pools, landscaped lounges and open-air entertainment spaces, enhancing the towers' allure. Interiors showcase a palette of natural materials, including marble and wood, designed to reflect timeless elegance and elevated design, it stated. According to Meraas, residents will enjoy access to a comprehensive range of lifestyle and wellness amenities, including a state-of-the-art fitness centre with dedicated studios, an executive co-working lounge, a private cinema, a resort-style family pool, padel courts, a children's play zone and well-curated social and dining venues. Dubai Holding Real Estate CEO Khalid Al Malik said: "Jumeirah Residences Emirates Towers represents the evolution of Dubai's luxury living landscape, where world-class design meets unparalleled hospitality." "By integrating Jumeirah's legendary service standards with innovative architectural design, we are setting new benchmarks for premium residential offerings that reflect Dubai's position as a global destination of choice," he noted. "This project reaffirms Meraas' dedication to creating contemporary spaces that perfectly balance purposeful living with sophisticated comfort," he added. Al Malik said all residents will benefit from Jumeirah's luxury hospitality services, including access to bespoke wellness treatments, personal fitness coaching, 24-hour concierge services and vehicle management. Residents will also get to enjoy access to private chefs for exceptional dining experiences, supported by a dedicated team to deliver seamlessly executed events, he added. Jumeirah CEO Thomas B. Meier said: "Jumeirah Residences Emirates Towers marks the next chapter in our growth journey, showcasing the future of the Jumeirah brand through intentional design, mindful living and holistic wellbeing."

Driven Properties buys final Bulgari Lighthouse units for $77m
Driven Properties buys final Bulgari Lighthouse units for $77m

Trade Arabia

time9 hours ago

  • Trade Arabia

Driven Properties buys final Bulgari Lighthouse units for $77m

Driven Properties, a member of the Forbes Global Properties network, has announced that it has completed the sale of the last two penthouses at the Bulgari Lighthouse on Jumeirah Bay Island in Dubai for a combined amount of more than AED282 million ($77 million). The first five-bedroom residence, spanning 11,657 sq ft, reached a whopping AED146.6 million, while the second, achieved AED136.25 million, said the company in a statement. Designed by Italian architects Antonio Citterio and Patricia Viel, Bulgari Lighthouse blends contemporary engineering with Mediterranean calm. A coral-inspired façade shields each home while framing uninterrupted views of the Arabian Gulf and Downtown's skyline, it stated. The transactions were brokered by Driven | Forbes Global Properties' Lina Allaoa and Kianoush Darban, founders of The Private Collection, the brokerage's specialist team for ultra-high-end property. The duo is well known for setting several records in the area, from the highest price per sq ft, to the most expensive villa in Jumeirah Bay Island. Terraces flow into private infinity pools, and double-height salons are finished in Italian marble, warm oak and hand-laid silk panelling, said the company. A combination of location, craftsmanship and privacy that has made Lighthouse one of the most wanted addresses in Dubai's ultra-prime market, it added. "Dubai offers our international clients two things they value most: a secure place to allocate their capital and an unbeatable way of life. Bulgari Lighthouse unites those advantages in a single address, blending sound investment with everyday opulence," remarked Allaoa. On the strategic deal, Darban said: "Scarcity drives value. With fewer than 40 residences in the tower, and amenities that rival a private resort, Lighthouse is arguably the most coveted address in Dubai."

e& UAE Sets World Record With 600Mbps Uplink
e& UAE Sets World Record With 600Mbps Uplink

Gulf Insider

time10 hours ago

  • Gulf Insider

e& UAE Sets World Record With 600Mbps Uplink

e& UAE has set a world-record uplink speed of 600Mbps on a live 5G network, solidifying the UAE's leadership in next-generation connectivity. The record was set using FR1 band aggregation at 2100MHz and C-band, along with Uplink 3Tx (three transmit antennas), and tested on a commercial Customer Premises Equipment (CPE) device. The setup is fully compliant with 3GPP Release 17 standards, a key foundation of the 5G-Advanced technology roadmap. Abdulrahman Al Humaidan, Vice President/Fixed Access Network at e& UAE, said: 'e& UAE's world-record 600Mbps uplink speed is a strategic move forward, stimulating the global tech landscape with a new era of hyper-fast, uplink-driven digital innovation. 'This isn't just a technological breakthrough, it's a launchpad for businesses and individuals to reshape the digital world, cementing the UAE as a global tech leader.' Why Uplink Speed Matters More Than Ever While much of the early 5G focus has been on download speeds, uplink capacity is increasingly critical for modern digital applications. The 600Mbps uplink milestone opens the door to a new generation of uplink-heavy use cases, from real-time drone surveillance and smart city video analytics, to immersive cloud-hosted AR/VR, and instant 8K video uploads for content creators. Enterprises will benefit from real-time data uploads from smart factories, logistics hubs, and IoT networks—fueling AI-driven automation and predictive analytics. Content creators can instantly stream or upload ultra-HD videos to platforms like YouTube, TikTok, and Twitch. Gamers will enjoy lag-free cloud gaming, and smart homes will operate more seamlessly with rapid uploads of IoT data and high-def video. Virtual event hosts and user-generated AR experiences will become more interactive, responsive, and engaging. Built on the latest 3GPP Release 17, this deployment integrates enhanced mobile broadband (eMBB) and ultra-reliable low-latency communications (URLLC), showcasing how 5G-Advanced is evolving to meet the demands of a fully connected world. With this achievement, e& UAE has set a global benchmark for uplink performance in the FR1 spectrum, pushing the boundaries of what's possible in real-world 5G deployments. Also read: UAE: Two School Buses Crash In Sharjah; 13 Students Among 14 Injured

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