Latest news with #Dh17
Gulf News
04-05-2025
- Gulf News
Dubai Police honour 8-year-old girl for returning Dh17,000
Dubai: An 8-year-old Lily Jamal Ramadan, an Egyptian expat, was honoured by Dubai Police after she returned Dh17,000 in cash she discovered at a shopping mall cinema to Al Rashidiya Police Station. Major General Expert Khalil Ibrahim Al Mansoori, Assistant Commander for Criminal Investigation, recognised Lily for her commendable honesty, presenting her with a certificate of appreciation in front of her family. He said that such actions reflect the values that should be nurtured in young people, as they contribute to building a more trustworthy and responsible society. Bundle of money The incident occurred when Lily and her parents were at a shopping mall. While waiting on a bench near the cinema ticket counter, she noticed a bundle of money on the seat. Without hesitation, she handed it to her father, who was astonished by the amount. The family immediately went to Al Rashidiya Police Station to report and return the money. Rightful owner Major General Saeed Hamad Al Malik, Director of Al Rashidiya Police Station, revealed that the rightful owner of the cash was coincidentally at the station reporting it missing and was overwhelmed to have the full amount returned. Police stressed the importance of highlighting such positive examples to inspire honesty and ethical behaviour in others.
Khaleej Times
02-04-2025
- Business
- Khaleej Times
Dubai's most expensive branded residences reach record prices, set new market standards
Branded residences in Dubai command a 42 per cent premium on average over non-branded properties as institutional investors are also snapping up these luxury properties as well. 'Dubai's real estate market is undergoing a fundamental shift. Branded residences are no longer a niche segment — they have become a core asset class, attracting institutional investors and setting new price benchmarks,' said Elias Hannoush, CEO of Morgan's International Realty. The luxury real estate brokerage and property investment firm's data showed that branded residence prices averaged Dh3,288 per sqft compared to Dh2,321 per sqft for the non-branded units in Dubai at the end of 2024. At the top of the market is Bvlgari, located on Jumeirah Bay Island, with the highest price per sqft at Dh10,668. Other luxury developments follow closely behind, including Atlantis Resorts (Dh9,387), Dorchester Collection (Dh7,539), Baccarat (Dh7,211), and Four Seasons Hotels and Resorts (Dh6,829). Armani (Dh5,736), One & Only Resorts (Dh5,155), Six Senses Hotels & Resorts (Dh4,879), Bugatti (Dh4,682) and The Ritz-Carlton Hotel (Dh4,342) rounded off the top 10 properties. Hannoush pointed out that Dubai has outpaced traditional luxury real estate markets in terms of price appreciation, investor interest, and the volume of projects. According to Savills, Dubai retains its place as the most active market internationally for branded residences and it is followed by hotspots in Miami, New York, Phuket and London. Sales of branded units in Dubai surged 48 per cent in the second half of 2024, reaching 7,628 compared to 5,153 in the same period in 2023. Dubai currently boasts 132 branded residences with 43,085 units, including one that sold for a record Dh275 million. The highest price for the branded residence reached Dh17,235 per sqft. Additionally, Dubai has 1,282 ready-branded units valued at Dh6.88 billion, with 6,346 more currently under construction, worth Dh24.9 billion. 'Pro-investor policies, world-class infrastructure, and a thriving luxury real estate market have fuelled Dubai's growth into the global hub for branded residences. "A tax-free economy, long-term residency incentives, and rising demand from international investors have driven rapid expansion, surpassing traditional luxury hubs and solidifying Dubai's position as the premier destination for branded residences,' he added. Hannoush noted that branded residences create a winning formula for all stakeholders. For developers, they offer higher prices, faster sell-outs, access to elite buyers, and enhanced credibility with global appeal. For buyers, they provide superior design, exceptional service and management, stronger capital appreciation, better rental returns, and an exclusive lifestyle with hassle-free ownership. For brands, these properties bring new revenue opportunities and market expansion.
Khaleej Times
17-03-2025
- Business
- Khaleej Times
Abu Dhabi: 15 new private nurseries to add 1,250 seats after getting licences; full list with fees
Fifteen private nurseries were given licences by Abu Dhabi Department of Education and Knowledge (Adek), providing residents with more options to nurture their children's early development and potential. The new educational facilities will add 1,250 seats across Abu Dhabi, Al Ain and Al Dhafra, the authority said on Monday. Here's a full list of the nurseries which got the licences: British Orchard Nursery in Al Nahyan - Abu Dhabi, with an average fee of Dh17,750 Apple Field Nursery, Al Manhal- Abu Dhabi, with average fees amounting to Dh24,000 British Home Nursery, Al Bahyah - Abu Dhabi, with average fees totaling Dh24,000 Little Hand Nursery, Al Aamerah - Al Ain, with average fees of Dh24,000 Learning Tree Nursery, Madinat Al Riyad - Abu Dhabi, with average fees at Dh25,000 Little Genius Nursery, Zayed City - Al Dhafra, with average fees of Dh25,900 Little Smarties Nursery, Khalifa City - Abu Dhabi, with average fees amounting to Dh26,000; Maple Tree International Nurseries, Reem Island - Abu Dhabi, with average fees totaling Dh26,550; Kids Fantasy Nursery, Mohamed bin Zayed City - Abu Dhabi, with average fees of Dh27,000 and Small Stars Nursery, Madinat Al Riyad - Abu Dhabi, with average fees of Dh30,000. Thinkers Planet Nurseries, Bani Yas - Abu Dhabi, with an average fee totaling Dh32,000; Tiny Dreams Nursery, Al Nahyan - Abu Dhabi, with an average fee amounting to Dh36,000; Jack and Jill Nursery, Al Raha - Abu Dhabi, with average fees being Dh45,000 and Redwood Nurseries in Al Kasir - Abu Dhabi with average fees at Dh51,375 Redwood Nurseries in Al Nahyan in Abu Dhabi with average fees at Dh51,375 ADEK carefully assessed multiple factors before granting approval to ensure these fees are reasonable and transparent. These include operational costs such as rent, staffing expenses to maintain appropriate child-to-teacher ratios and investments in educational materials and safety measures. Fees are also evaluated based on market trends and the sustainability of services. "By taking these factors into account, parents can be assured that nursery fees are structured to support a safe, engaging and developmentally enriching start for their children," Adek said in a statement. A total of 225 private nurseries with 27,791 seats provide nurturing environments that support children's cognitive, social, and emotional development during their formative years - critical for their future academic success and personal growth. On Friday, Abu Dhabi said it is designing an assessment system for services offered to young children, other than nurseries and schools. The assessment system will employ a set of criteria, based on global leading practices but customised to the UAE's culture, values and context.
Al Etihad
17-03-2025
- Business
- Al Etihad
Abu Dhabi Department of Education and Knowledge licenses 15 new private nurseries across the emirate
17 Mar 2025 12:10 ABU DHABI (ALETIHAD)Abu Dhabi Department of Education and Knowledge (ADEK) has licensed 15 new private nurseries 1,250 additional seats across Abu Dhabi, Al Ain, and Al new nurseries included British Orchard Nursery in Al Nahyan, Abu Dhabi, with an average fee of Dh17,750; Apple Field Nursery, Al Manhal, Abu Dhabi, with average fees amounting to Dh24,000; British Home Nursery, Al Bahyah, Abu Dhabi, with average fees totaling Dh24,000; Little Hand Nursery, Al Aamerah, Al Ain, with average fees of Dh24,000 and Learning Tree Nursery, Madinat Al Riyad, Abu Dhabi, with average fees at Dh25,000. The other newly licensed nurseries comprised Little Genius Nursery, Zayed City, Al Dhafra, with average fees of Dh25,900; Little Smarties Nursery, Khalifa City, Abu Dhabi, with average fees amounting to Dh26,000; Maple Tree International Nurseries, Reem Island, Abu Dhabi, with average fees totaling Dh26,550; Kids Fantasy Nursery, Mohamed bin Zayed City, Abu Dhabi, with average fees of Dh27,000 and Small Stars Nursery, Madinat Al Riyad, Abu Dhabi, with average fees of Dh30, five other nurseries included Thinkers Planet Nurseries, Bani Yas, Abu Dhabi, with an average fee totaling Dh32,000; Tiny Dreams Nursery, Al Nahyan, Abu Dhabi, with an average fee amounting to Dh36,000; Jack and Jill Nursery, Al Raha, Abu Dhabi, with average fees being Dh45,000 and Redwood Nurseries in Al Kasir and Al Nahyan in Abu Dhabi, with both nurseries' average fees being Dh51, carefully assessed multiple factors before granting approval to ensure these fees are reasonable and transparent. These include operational costs such as rent, staffing expenses to maintain appropriate child-to-teacher ratios and investments in educational materials and safety measures. Fees are also evaluated based on market trends and the sustainability of services. By taking these factors into account, parents can be assured that nursery fees are structured to support a safe, engaging and developmentally enriching start for their children. A total of 225 private nurseries with 27,791 seats provide nurturing environments that support children's cognitive, social, and emotional development during their formative years - critical for their future academic success and personal growth.
