Dubai's Kamdar Developments appoints contractor for JVC residential tower
Dubai-based Kamdar Developments has appointed Luxedesign (LDV) as the general contractor for 105 Residences in Jumeirah Village Circle (JVC).
The project is expected to be completed in early 2027, the developer said in a statement.
No financial details were disclosed.
Luxedesign has constructed more than 100 luxury residential projects to date.
The tower includes 105 units, divided into studio, one- and two-bed apartments, with facilities such as rooftop cinema, temperature-controlled swimming pool, gym, sports court and children's play areas.
LDV is also working on Kamdar Developments' luxury villa series in Meydan.
(Writing by P Deol; Editing by Anoop Menon)
(anoop.menon@lseg.com)
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Arabian Business
30 minutes ago
- Arabian Business
Dubai ranked number 1 globally for creative industry FDI
Dubai has once again been named the world's top destination for greenfield foreign direct investment (FDI) in the cultural and creative industries (CCI), securing the No. 1 spot in the Financial Times fDi Markets rankings for 2024. This marks the third consecutive year the emirate has outperformed global cities like London, Singapore, and New York. In 2024, Dubai attracted 971 creative sector projects, an 8 per cent increase from 2023, bringing in AED18.86bn ($5.1bn) in capital, up nearly 60 per cent year-on-year. Dubai foreign investment in creative industries These investments generated 23,517 new jobs, highlighting the city's growing appeal as a creative economy powerhouse. Key sectors driving this growth include: Advertising and PR Film production Gaming Education AI-powered software design According to the Dubai FDI Monitor, greenfield, wholly-owned ventures made up 76.5 per cent of all projects, reflecting strong investor commitment. The United States led with 23.2 per cent of capital inflows, followed by India, the UK, Switzerland, and Saudi Arabia. India stood out in job creation and project volume. Pro-business reforms, like allowing free zone firms to operate onshore and slashing bureaucracy, combined with robust IP laws and cutting-edge infrastructure, continue to make Dubai a magnet for global creatives and investors. As outlined in the 'Creative Dubai' report, the city is emerging as a global hub for design, immersive tech, and AI innovation—cementing its reputation as a leading destination for creative enterprise in 2025 and beyond.
Arabian Business
3 hours ago
- Arabian Business
UAE shoppers want 1-click, biometric checkouts for safer online payments: Visa
Consumers across the UAE are calling for more secure and seamless online shopping experiences, according to Visa's latest Checkout Friction Report. Despite the rapid growth of ecommerce and digital adoption in the region, key challenges at the checkout stage continue to hinder consumer satisfaction and business performance. Based on a survey of more than 2,000 online shoppers across the GCC, the report shows that security concerns and complex payment steps are the top barriers to smooth transactions. Online shopping in the UAE In the UAE, 40 per cent of shoppers cite fear of fraud as their biggest concern, while 37 per cent are frustrated by the need to repeatedly enter card details. Shopping frequency is high, with one in three UAE consumers buying groceries online multiple times a week, and categories like fashion, entertainment, and electronics seeing regular purchases monthly. However, friction during checkout can lead to abandoned carts and lost revenue for retailers. Visa's research underscores a growing preference for advanced payment technologies. A significant 67 per cent of UAE shoppers said they would adopt biometric authentication like fingerprint or face ID to check out online. Additionally, 65 per cent support a unified registration process for digital payments across websites. The report also highlights that 82 per cent of consumers would shop online more frequently if one-click checkout options were widely available, and 66 per cent are likely to use Visa's 'Click to Pay with Biometrics' feature. This solution simplifies online shopping by eliminating manual card entry, using secure device-based biometric authentication to speed up and protect the transaction process. Salima Gutieva, Visa's VP and Country Manager for UAE, said: 'Challenges in the online checkout process have direct implications for businesses, resulting in lost revenue, and hampering both customer acquisition and retention. 'Today's consumers expect – and deserve – a more seamless and secure eCommerce experience. That's why Visa is working with partners to enable solutions like Click to Pay, which leverages biometrics and tokenisation to eliminate key pain points and deliver a more convenient shopping experience.
Khaleej Times
4 hours ago
- Khaleej Times
Abu Dhabi-owned Manchester City open retail store at Dubai Mall
Are you a fan of Abu Dhabi-owned English Premier League side Manchester City and want to get your hands on some cool club merchandise, but live in Dubai? Fret not. The 10-time Premier League champions have opened a new store at the Dubai Mall. It marks the second retail store of the 2022-23 Champions League winners after Yas Mall in the UAE capital Abu Dhabi. The outlet at Dubai Mall also joins flagship stores Manchester City Stadium Store and Arndale City store in the city of Manchester, England, as well as pop-ups in New York City and Seoul. Fans of the club, kitted by German manufacturer Puma, will have access to merchandise as well as some memorabilia collections. The store at Dubai Mall introduces an updated version of the brand's award-winning 'Field of Play' concept, designed to reflect stadium and fan culture. The Dubai location features elements such as locker-style zones and visuals from iconic Manchester City matches. City, who won four successive Premier League titles in 2020–21, 2021–22, 2022–23 and 2023–24, didn't quite have the season according to the high benchmarks that they set. Nonetheless, The Sky Blues, managed by former FC Barcelona and Bayern Munich tactician Pep Guardiola, finished third in the League behind perennial rivals champions Liverpool and Arsenal.
