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Mid East Info
27-05-2025
- Business
- Mid East Info
Amirah Developments unveils Bonds Avenue on Dubai Islands as UAE's real estate asset value exceeds Dh2.5 trillion
Setting a new benchmark for coastal luxury, Bonds Avenue offers contemporary waterfront living in the heart of Dubai Islands, as the emirate celebrates a record breaking year in real estate transactions. Amirah Developments, a Dubai-based real estate developer, today unveils its maiden project, Bonds Avenue, a high-quality residential development poised to redefine luxury living on the newly master-planned Dubai Islands. The announcement comes as the UAE's real estate asset value exceeds Dh2.5 trillion in recent time. Bonds Avenue is a testament to architectural excellence and sustainable living. The development features a curated selection of one-, two-, and three-bedroom apartments, grand four-bedroom penthouses, and expansive three-bedroom townhouses and triplexes within the same complex. Each residence is meticulously designed with organic, flowing forms that break free from conventional design norms, offering residents an extraordinary living experience that prioritises exclusivity and sophistication. With unit sizes ranging from 810 to 4,416 square feet, and starting prices from Dh1.63 million to Dh9.95 million, each home is crafted to deliver spacious layouts, elegant finishes, and an elevated lifestyle experience. Whether it's the comfort of a one-bedroom residence or the grandeur of a waterfront penthouse, Bonds Avenue caters to discerning buyers seeking architectural sophistication, panoramic views, and premium quality in the heart of Dubai Islands. Its location on Dubai Islands offers the best waterfront living with unlimited view of the Arabian Gulf that is just a ten-minute drive from Dubai International Airport and a few minutes away from some of the best tourism attractions of Dubai – Dubai Creek, the Gold Souq and Dubai Islands itself when the development is complete with a large shopping mall, a marina, beachfront promenade, and the Night Souq, etc. Strategically located on Dubai Islands, Bonds Avenue offers unparalleled accessibility as well as the best waterfront living with unlimited view of the Arabian Gulf, being just minutes away from key landmarks such as the Gold Souq Metro Station, ten minutes away from Dubai International Airport, Downtown Dubai, and Business Bay. The development is well-connected via major highways and public transport options, ensuring residents have easy access to top attractions, schools, hospitals, shopping centres, and entertainment hubs. Residents will enjoy panoramic views of over 21 kilometres of pristine beaches and crystal-clear waters, perfect for yachting and water sports. The community is enriched with world-class hospitality in luxurious resorts and embraces a sustainable lifestyle with eco-friendly infrastructure and green spaces. Amirah Developments offers a flexible 60/40 payment plan to accommodate investors and homeowners: 20 percent on booking, 40 per cent during construction in scheduled instalments, and 40 per cent on completion in January 2027. This plan aligns with the growing demand for premium properties in Dubai, where off-plan sales have surged by 41 per cent in the first half of 2024, reflecting robust investor confidence. Bonds Avenue is more than a development — it's a vision brought to life. At Amirah, we set out to create not just homes, but legacies. This project reflects our commitment to building with integrity, elegance, and future-forward thinking. Dubai Islands offers the ideal canvas for a community that is both immersive and iconic. We're not just building structures — we're crafting extraordinary experiences,' Mr. Muhammad Yousuf Jafrani, Founder and Chairman of Amirah Developments, says. 'Every home in Bonds Avenue has carefully been crafted to offer maximum living space. It is a luxury property that offers modern and contemporary design that is offered at an affordable price to the buyers and investors,' he further adds. Dubai's real estate sector continues to display remarkable resilience and growth. According to the Dubai Land Department, property transactions in 2024 reached a historic high, surpassing Dh893 billion across 331,300 deals. Residential units remain in strong demand, with waterfront and luxury segments witnessing accelerated growth due to the city's reputation as a global investment hub and lifestyle destination. The luxury real estate market in Dubai has experienced a year-on-year increase of over 40 per cent, driven by high-net-worth individuals, international investors, and end-users seeking long-term value. With limited coastal inventory and increasing global appeal, projects like Bonds Avenue are positioned to become prime assets in both local and international portfolios. Amirah Developments is a Dubai-based real estate development company founded by Mr. Muhammad Yousuf Jafrani, a seasoned entrepreneur with over 15 years of experience in the UAE market. Built on the pillars of quality, innovation, and excellence, Amirah is committed to reshaping urban living through sustainable, luxurious, and thoughtfully curated communities. About Amirah Developments: Amirah Developments is a Dubai-based real estate company committed to redefining urban living through architectural sophistication, sustainability, and thoughtful design. Founded by Mr. Muhammad Yousuf Jafrani, a seasoned real estate entrepreneur with over 15 years of experience in the UAE, the company is anchored in a vision of creating communities that inspire and endure. Driven by innovation and design excellence, Amirah Developments builds more than residences — it crafts livable works of art. Each project is a reflection of refined luxury, environmental responsibility, and long-term value. With a team comprising top architects, designers, and planners, the company ensures global best practices are adapted for the local landscape. Sustainability is central to Amirah's ethos, with developments emphasizing energy efficiency, walkability, and well-being. By focusing on elegance, functionality, and community integration, the company is shaping the next chapter of Dubai's real estate evolution. With the launch of its debut project, Bonds Avenue on Dubai Islands, Amirah introduces a new benchmark in waterfront living — blending lifestyle innovation with a striking architectural vision. This marks the beginning of Amirah Development's journey to become a lasting force in the UAE's premium property sector. About Bonds Avenue: Bonds Avenue is the inaugural development by Amirah Developments, setting a bold standard for upscale living on the iconic Dubai Islands. Designed as a sculptural expression of form and function, Bonds Avenue offers a selection of one- to three-bedroom apartments, three-bedroom townhouses and triplexes, and exclusive four-bedroom penthouses. The architecture reflects a cornerless, flowing design philosophy- maximizing space, natural light, and unobstructed sea views. Each residence is thoughtfully planned to deliver both aesthetic appeal and modern comfort, enhanced by smart layouts and premium finishes. Amenities at Bonds Avenue include infinity pools, wellness zones, yoga decks, landscaped gardens, padel courts, and dedicated children's areas, all curated to foster holistic, family-oriented lifestyles. The community is seamlessly connected to the rest of Dubai, with quick access to Downtown Dubai, Dubai International Airport, and the Gold Souq Metro Station. Situated in a master-planned coastal environment with over 21 kilometres of beaches and vibrant urban offerings, Bonds Avenue is a destination of both serenity and connectivity. With a 60/40 payment plan and handover in Q1 2027, it caters to investors and homeowners seeking lasting value, architectural brilliance, and beachfront elegance in one of Dubai's most promising locales.
Khaleej Times
11-03-2025
- Business
- Khaleej Times
Alpha Data climbs 6.667% on market debut in Abu Dhabi
Alpha Data, a leading digital transformation provider and systems integrator in the UAE, on Tuesday rose 6.667 per cent on its listing on the Abu Dhabi Securities Exchange (ADX). Opening at Dh1.53, the stock rose to Dh1.63 before closing the day at Dh1.60. This marks the UAE's first IPO and ADX's second offering in 2025. Alpha Data's IPO attracted strong demand from regional and international investors, with the offering oversubscribed by double digits. The company raised Dh600 million ($163 million) through the issuance of 400 million shares, representing 40 per cent of its issued share capital, at the top end of its offer price of Dh1.50 per share. Upon listing, Alpha Data's market capitalisation stands at approximately Dh1.5 billion ($408 million), underscoring its strong position in the UAE's technology sector. Abdulla Salem Alnuaimi, group chief executive officer of ADX, said: 'We are delighted to welcome Alpha Data to ADX as the UAE's first IPO of 2025 and our second offering during the year. This milestone reflects our unwavering commitment to providing investors with access to a dynamic and diversified marketplace, particularly in the high-growth digital infrastructure and technology sector. As ADX continues to expand its offering, we are creating greater opportunities for investors to participate in the digital economy. The listing of Alpha Data — an industry leader in AI, Big Data, and Cloud solutions — is an extension of the ADX Group's efforts in enabling pioneering businesses to drive innovation and support Abu Dhabi's economic transformation. 'As a key enabler of sustainable growth and capital market development in the region, we will continue to support more private companies to achieve their growth ambitions via the ADX listing platform,' Alnuaimi said. Fayez Ibbini, founder and CEO of Alpha, commented: 'We are incredibly proud to join the Abu Dhabi Securities Exchange as a homegrown UAE family business after seeing strong demand and support for our strategic vision during our IPO. Our listing marks an exciting new chapter for Alpha Data and is more than just a milestone in our 40-year journey of growth and innovation; it's a commitment to our shareholders and the broader market to keep delivering growth and champion technological developments. We look forward to continue driving digital transformation and delivering exceptional value to our shareholders as we step into this new era.' ADX's has recently announced the recent launch of ADX Group, which has established advanced trading, clearing, and settlement capabilities through its new subsidiaries, AD Clear and AD CSD. These developments create a more dynamic and efficient marketplace for issuers and investors, cementing Abu Dhabi's status as a leading global financial centre.
