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Zawya
7 minutes ago
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STAMN unveils novel dual-key design at award-winning Nautis Residences
Dual entrance apartments provide homeowners with the flexibility to live on one side and rent the other - or to occupy the whole space for a larger living area Dubai, United Arab Emirates – STAMN Real Estate Developments has launched STAMN Dual Key, an innovative design feature that will first appear on the new Nautis Residences and across selected future projects. The smart dual-key layout will enable investors to enjoy one larger residence or flexibly split the property into two fully private living spaces each with its own entrance. The dual-key system provides the opportunity to earn additional income, either by letting one side and living in the other, or by renting out both spaces individually, potentially doubling earning potential. STAMN Nautis Residences, which is an award-winning development on Dubai Islands, will incorporate the dual-key layout, which takes inspiration from the interconnecting family rooms offered by hotel suites. STAMN CEO Zheng Jian commented, 'The reveal of our Dual Key design resonates with a key principle that we have within the business. We believe that it is our duty to bring prosperity to our investors and communities. Every buyer should gain maximum value and this layout provides a healthy balance of flexibility and financial returns.' The option of dual-key layouts are available across all two-bedroom units and selected three-bedroom apartments at STAMN Nautis Residences, starting from AED 2.13 million. Apartment prices on Dubai Islands have increased by 22 percent year-on-year, as the iconic real estate masterplan comes to fruition. Enhanced infrastructure and connectivity are being established, as the government and private sector deliver on what many are describing as the 'next Palm Jumeirah'. STAMN Nautis Residences is one such project under development, with 63 homes spaced across eight residential floors. The developer aims to enhance physical and mental wellness through its amenities, providing features such as an expansive swimming pool, sundeck and cosy reading nook. Properties range from one-bed apartments to four-bed townhouses, ranging from AED 1.74 million to AED 6.6 million, with 40/60 post-handover payment plans available. The project is set to complete in Q4 2027. To find out more, visit 40/60 Handover Payment Plan - 10% downpayment, 10% on SPA, 1% monthly from January 2026 during the construction period, until handover About STAMN Real Estate Development Part of an international holding group, STAMN has more than 30 years of international real estate development experience across the Middle East and Asia, developing 4 million square metres with investment totalling over 4.2 billion USD. The award-winning developer has built a robust reputation for quality and service, with a highly experienced leadership team that has developed more than 152 real estate projects over 78 cities. The business invests in talent, encouraging innovation and empowering the real estate leaders of tomorrow. STAMN aims to shape new cities and urban culture through responsibility, integrity, and sustainability. Discover more at
Tahawul Tech
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Silicon Valley Archives
The iPhone maker is said to be spearheading a push by foreign consumer brands to remove a key obstacle in foreign investment in Saudi, encouraging an incremental step forward for women's rights in the Kingdom and paving the way for Apple and others to open their first offices or shops in the country.
Khaleej Times
37 minutes ago
- Khaleej Times
UAE: Golden Visa professionals set to drive Dubai property market, says Danube chief
UAE professionals holding a 10-year Golden Visa will be among the key drivers of Dubai's property market in the coming years, according to Rizwan Sajan, chairman of Danube Properties. 'Many medical professionals in the UAE have either received or qualify for the Golden Visa,' Sajan told Khaleej Times. "As a result, many are choosing to invest in Dubai property and remain in the country, both for their careers and retirement. This makes investing in Dubai real estate a logical decision for them,' he added. Sajan, an industry veteran, spoke during a recent open day event for doctors and healthcare professionals in the UAE, which featured a discounted payment plan for attendees. Introduced after the Covid-19 pandemic, the UAE has been offering a Golden Visa to healthcare professionals. According to Abu Dhabi's Department of Economic Development, applicants should have a minimum of 5 years' experience in the UAE, valid practicing licence, and a bachelor's degree or equivalent. In addition, professionals working in science and research, IT, engineering, education, and other skilled fields are eligible for a 10-year residency permit. The Golden Visa scheme has seen growing demand since its launch in 2019, offering long-term stability for expat residents and investors who wish to live, work, and retire in the UAE. The latest figures released by the authorities in Dubai showed that the number of Golden Visas issued in all categories reached 158,000 in 2023, up from 79,617 in the previous year. Rally to continue The Dubai-based billionaire remains optimistic about the local property market and expects prices continue to rise over the next few years, provided there are no geopolitical tensions in the region. He added that buyers are unlikely to find current property prices in Dubai after two years, as values are expected to appreciate. 'I believe prices will rise as the influx of people to Dubai continues to grow. The upcoming integrated gaming resort at Al Marjan in Ras Al Khaimah will also be a significant development for the local property and hospitality markets,' he said. He added that, barring any geopolitical issues, Dubai property prices are likely to trend upward over the next four to five years. 'Prices in central areas like Downtown, Business, Al Furjan, Silicon Oasis, Sports City, all the centrally located places will go up and up. Plots that we bought two years ago cost four times more. Similarly, construction companies are paying up to 60 per cent higher prices because of the rising cost of construction material.' Sajan predicts annual property price increases of 15–20 per cent over the next four to five years in key areas such as Downtown Dubai, Business Bay, Al Furjan, Silicon Oasis, and Dubai Sports City. He also noted that land purchased two years ago is now worth four times more, and construction costs have surged by up to 60 per cent due to "the rising cost of construction material". 'All the projects that we launched over the last 2-3 years in JVC, Silicon Oasis, and other communities have seen 25-35 per cent capital appreciation. The prices that are available today will definitely not be the same rate in 2-3 years as they will appreciate,' he said.
