Latest news with #2040UrbanMasterPlan
ME Construction
19-05-2025
- Business
- ME Construction
Meraas unveils Atélis at d3
Property Meraas unveils Atélis at d3 By Atélis will feature 280 residences with a range of one-, two-, three-, and four-bedroom apartments as well as three exclusive sky villas Meraas has launched a new residential project in Dubai's d3. The 45-storey Atélis residential project was designed by SOM and will be located on the Creekside shoreline. Atélis will feature 280 residences with a range of one-, two-, three-, and four-bedroom apartments. Inspired by the UAE's desert flower, the tower will boast a distinctive facade defined by curved, petal like balconies. The terraces not only create a distinct appearance but also provide shade, enhancing the building's environmental performance while offering waterfront views and Dubai's skyline. Atélis at d3 includes three exclusive duplex sky villas, each of which features a private terrace overlooking the cityscape along with two penthouses with double height living spaces and a statement staircase, combination of space, design, and views. Khalid Al Malik, Chief Executive Officer of Dubai Holding Real Estate said, 'We are thrilled to unveil an architectural marvel like Atélis at d3, marking a new era for the city's creative hub. The iconic tower is destined to set new benchmarks for elevated living, further upholding the dynamic urban landscape of Dubai. Its design embodies the innovation and creativity that defines our city, and we are proud to reaffirm our commitment to Dubai's Economic Agenda D33 and the 2040 Urban Master Plan through this exceptional project.' Atélis at d3 fosters an experience of tranquillity, wellness, and recreation, by a resort like ambiance. The project offers three floors of amenities, with co working spaces, entertainment room, children's learning area, and a multi-purpose room that extends to the outdoor gardens on the ground floor. One entire floor features spa and wellness amenities, including a gym, infinity pool with lounges and a reading lawn. The project forms part of d3's upcoming expansion, which will play a vital role in meeting the demand from global customers in the design, fashion, and creative industries. The expansion project, which includes the development of six Grade-A office buildings, will add more gross leasable area (GLA) to the district, making d3 the destination of choice for creative minds around the world. The new development will feature office spaces built in line with LEED certification standards, and is set for completion by H1 2028. The project will also include sports facilities, community spaces, ample parking, fine dining options, all surrounding the residential developments. Meraas' projects offer a unique blend of people-centric communities rooted in wellness and sustainability, nestled within planned master communities that are instrumental in realising Dubai's 2040 Urban Master Plan. Committed to luxury, exclusivity, and privacy, this new address is poised to be part of one of the global creative hubs, d3, which houses creative brands, designers, studios, and entrepreneurs.
Arabian Post
15-05-2025
- Business
- Arabian Post
Dubai Unveils Dual-Zone Strategy to Enhance Urban Safety and Sustainability
Dubai has announced a comprehensive zoning initiative under its 2040 Urban Master Plan, dividing the emirate into distinct urban and rural zones. This strategic move aims to bolster public safety, optimise emergency response times, and promote sustainable development across the region. Urban zones, encompassing areas such as Downtown Dubai and Business Bay, will see a significant enhancement in security infrastructure. The deployment of advanced technologies, including artificial intelligence and extensive video surveillance systems, is set to augment law enforcement capabilities. These measures are anticipated to reduce emergency response times by 20 to 30 percent, aligning with the city's commitment to leveraging technology for public safety improvements. Conversely, rural zones like Al Marmoom will focus on environmental conservation and rapid emergency response. Al Marmoom Desert Conservation Reserve, which constitutes approximately 10 percent of Dubai's land area, is a critical habitat for numerous endangered species and migratory birds. The reserve's management will prioritise ecological preservation while ensuring that emergency services are readily accessible to address any incidents promptly. This zoning strategy is a pivotal component of the Dubai 2040 Urban Master Plan, which envisions a sustainable and resilient urban landscape. The plan outlines the development of five major urban centres, including existing hubs like Deira and Bur Dubai, as well as new centres in Expo City and Dubai Silicon Oasis. These areas are designated to become focal points for economic activity, innovation, and cultural exchange. A key feature of the master plan is the '20-minute city' concept, designed to ensure that residents can access essential services and amenities within a 20-minute walk or bicycle ride. This initiative aims to reduce reliance on private vehicles, decrease traffic congestion, and lower carbon emissions, thereby enhancing the overall quality of life for residents. See also FIX Chocolate Reopens at Dubai Airport Amid Eid Travel Surge Environmental sustainability is at the forefront of the master plan, with a goal to designate 60 percent of Dubai's land as nature reserves and rural natural areas. The expansion of green spaces and public parks is intended to provide residents with increased recreational opportunities and improve air quality. Additionally, the length of public beaches is set to increase by 400 percent, further enhancing the city's appeal as a global destination.
Arabian Post
13-05-2025
- Business
- Arabian Post
Sobha Central Emerges as Dubai's Newest Vertical Luxury Enclave
Sobha Realty has unveiled its latest masterplan development, Sobha Central, strategically located on Sheikh Zayed Road. The project introduces 1,225 upscale residences across six residential towers, aiming to redefine urban living in Dubai's central corridor. Designed as a self-contained vertical community, Sobha Central integrates residential, commercial, and recreational spaces. The development features a curated mix of one- and two-bedroom apartments, targeting professionals and investors seeking modern amenities and strategic connectivity. The project is positioned to serve as a comprehensive lifestyle hub, blending luxury living with business and leisure facilities. Sobha Realty's commitment to sustainability is evident in Sobha Central's design. The development incorporates green building technologies, including energy-efficient systems and water conservation measures. These features align with Dubai's broader goals for sustainable urban development and reflect Sobha Realty's dedication to environmentally responsible construction practices. The launch of Sobha Central follows a period of significant growth for Sobha Realty. In 2024, the company reported record-breaking sales of AED 23 billion, marking a 50% increase year-on-year. This growth was driven by the success of projects like Sobha Siniya Island and the launch of four new masterplans. Sobha Realty now holds approximately 10% of Dubai's real estate market share, with 11 masterplans across the UAE. Looking ahead, Sobha Realty has set an ambitious target of achieving AED 30 billion in total sales for 2025. This includes AED 20 billion from Dubai developments and AED 10 billion from Sobha Siniya Island. The company plans to launch eight to ten new projects in the UAE, focusing on luxurious residential complexes and mixed-use developments that cater to evolving investor preferences. See also Mashreq Bank's Q1 2025 Net Profit Declines Amid Rate Cuts Sobha Realty's vertically integrated business model allows for complete control over every aspect of development, from initial concept and architectural design to engineering, construction, and interior detailing. This approach ensures high-quality delivery and consistency across projects, contributing to the company's reputation for excellence in the luxury real estate sector. The company's expansion plans extend beyond the UAE, with strategic moves into international markets, including the United States and Australia. These efforts aim to diversify Sobha Realty's portfolio and bring its expertise in luxury real estate to a global clientele. Sobha Central's introduction aligns with Dubai's 2040 Urban Master Plan, which emphasizes sustainable and integrated urban development. By offering a blend of residential, commercial, and recreational spaces within a single development, Sobha Central contributes to the city's vision of creating vibrant, self-sufficient communities.
Filipino Times
05-05-2025
- Filipino Times
Dubai Police launches urban-rural zoning to boost security, emergency response
Dubai Police has announced a new strategy that divides the city into 'urban' and 'rural' zones to improve emergency response times and better allocate resources across the emirate. During the General Department of Operations' first-quarter review meeting, Expert Major General Khalil Ibrahim Al Mansouri, Assistant Commandant Commander-in-Chief of Dubai Police for Criminal Investigations, said the new system will improve how patrols and emergency teams are deployed, ensuring faster and more effective response across both city and suburban areas. Al Mansouri also explained that the zoning will enhance how resources are assigned for duties such as traffic control, crime prevention, and community services. The strategy also includes integrating smart technologies and artificial intelligence (AI) into police operations across all jurisdictions. This move is part of Dubai's 2040 Urban Master Plan, which aims to make services, including security, more efficient by matching them with population and development patterns in each area.
Arabian Business
29-04-2025
- Business
- Arabian Business
Dubai real estate sales pass $31bn in Q1 as average prices reach $735,000
Dubai real estate sales passed $31bn and average prices hit $735,000 in Q1 2025, according to Provident Estate's newly released Property Market Report Q1 2025. The property management firm said Dubai's real estate market has posted remarkable gains in the first quarter of 2025, driven by a surge in investor confidence, robust off-plan activity, and continued strategic urban development Key real estate highlights from Q1 2025 include: Transaction volume reached 42,273: A 50 per cent year-on-year increase, underlining heightened market activity and investor trust Sales value climbed to AED114.15bn ($31.1bn): Signalling strong capital inflows from both local and international buyers Average sale price increased to AED2.7m ($735,000): Reinforcing Dubai's reputation as a maturing, high-value investment market Off-plan market dominated activity: With more than 25,000 apartment units and nearly 6,600 townhouse and villa units registered Luxury segment continued its upward trajectory: Villa prices increased 13 per cent compared to Q3 2024, fuelled by demand for larger, premium residences Price per sq ft for off-plan apartments hit AED1,926 ($524): A 28.6 per cent increase, with studio and 1-bedroom layouts leading demand Mortgage activity strengthened: More than 26,000 mortgages were processed across apartments, townhouses, and villas Dubai real estate trends Meanwhile, ready property market performance demand for affordable and mid-market homes remained steady. In the ready apartment segment, one-bedroom units were the top choice, with Jumeirah Village Circle (JVC) leading transactions, followed by Dubai Marina and Business Bay. In the townhouse and villa sectors, DAMAC Lagoons, DAMAC Hills 2, and Dubai Hills Estate attracted family-oriented buyers seeking spacious, lifestyle-driven living environments. Off-plan market developers' flexible payment plans and attractive pricing continued to drive off-plan sales. Compact apartments in prime growth areas like JVC saw the highest registrations, while four-bedroom townhouse layouts gained popularity among families seeking long-term residences. Premium off-plan villa communities such as The Valley and Palm Jebel Ali also recorded significant sales. The most-searched communities in Q1 2025 revealed a clear preference for waterfront living and established communities: Dubai Marina remained the most searched for apartments JVC followed closely as a mid-market favourite Dubai Hills Estate, Palm Jumeirah, and Al Furjan ranked highest for villas and townhouses Looking ahead, Dubai's future growth is aligned with the 2040 Urban Master Plan and the city is on track to add more than 300,000 new residential units by 2028, ensuring a healthy supply pipeline. With 81,084 new units expected to be delivered in 2025 alone, Dubai's real estate sector is strategically positioned to meet growing demand while preserving long-term investment value. Communities such as JVC, Business Bay, and Al Furjan are set to lead future residential growth, offering attractive opportunities for investors and end-users alike.
