Latest news with #Dh245
Khaleej Times
17-03-2025
- General
- Khaleej Times
Celebrate Mother's Day with Luxury Flowers delivered to all Emirates
Mother's Day is a time to honour the incredible women in our lives. And what better way to express love and appreciation than with flowers? From the elegance of pink roses to the warmth of sunflowers, each bloom carries a heartfelt message. With Emirati Mother's Day on Friday, March 21 and UK/Irish Mother's Day on Sunday, March 30, now is the perfect time to find a meaningful floral gift. offers a luxurious collection of expertly crafted arrangements, ensuring every bouquet delivers joy and appreciation. Why Choose Flower Delivery Anywhere in the UAE - Reliable and seamless service across all emirates. FREE Flower Delivery - Enjoy complimentary delivery in Dubai, Sharjah, Abu Dhabi, Al Ain, RAK, Ajman, and Umm Al Quwain with a minimum order of Dh245. One-of-a-Kind Flower Arrangements - We bring your vision to life with bespoke, stunning floral designs.
Khaleej Times
21-02-2025
- Business
- Khaleej Times
20% cheaper: Why UAE developers are launching projects in this emirate
Umm Al Quwain is rapidly shedding its under-the-radar status as a wave of high-profile real estate developments positions the emirate as the next frontier for affordable luxury living and investment. With its affordable pricing – which is 20 per cent lower than some neighbouring emirates – and untapped freehold market potential, the UAE's tranquil northern emirate is attracting master developers like Sobha Realty and Deyaar Development, signalling a dramatic shift in its economic and urban trajectory. The launch of Sobha Realty's Siniya Island project has been pivotal in redefining UAQ's real estate appeal. Spanning 16.1 million square feet, this $1.3 billion waterfront community features 7,000 homes, two hotels, and a mall, with 60 per cent of the land reserved for green spaces to maintain a low-density, eco-conscious environment. The developer offers luxury villas priced up to Dh30 million and apartments starting at Dh1.15 million, emphasising exclusivity with amenities such as a 6km shoreline, an 18-hole golf course, a yacht club, and helicopter taxi services. Other major projects like Basatin Al Sera, a mixed-use community with flexible plot sizes, are also catalysing demand. Basatin Al Sera, in particular, has become a hotspot for residential and commercial buyers, offering prime locations and regulatory compliance. Following Sobha's lead, Dubai-based Deyaar Development has announced a joint venture with Umm Al Quwain Properties to develop the emirate's picturesque beachfront. While details remain under wraps, industry analysts anticipate a focus on luxury residential and hospitality offerings, mirroring trends in neighbouring emirates like Ras Al Khaimah. Magnet for developers Analysts said Deyaar's move underscores UAQ's growing reputation as a magnet for developers seeking to capitalise on its affordability and unexplored potential. Wendy Stapleton, managing director, Hunt & Harris Real Estate, said with ongoing developments and a favourable market outlook, UAQ presents promising opportunities for investors. 'Real estate prices are relatively lower as compared to its neighbouring Sharjah and Ras Al Khaimah. This price advantage is one of the key drivers for both residents and investors.' For example, the price of three-bedroom villas in Umm Al Quwain Marina, Al Ramla and Al Surra areas might range from Dh1.8 million depending on the location and amenities. Prices of townhouses in the Al Surra and Al Salamah areas are lower compared to Sharjah. Umm Al Quwain's most striking appeal lies in its affordability. Property prices here are significantly lower than in neighbouring emirates, with median sales prices for villas and apartments rising steadily but still remaining accessible. For instance, residential plots in areas like Al Salam City start at Dh245,000, while beachfront apartments in Sobha Siniya Island begin at Dh1.15 million, a fraction of comparable properties in Dubai. Affordability and luxury 'UAQ offers a rare combination of affordability and luxury,' said property analyst Jayakrishnan Bhaskar, adding: 'Investors can secure high-quality assets without the premium price tag of major cities, making it ideal for first-time buyers and those diversifying portfolios.' The cost of living is equally attractive, with utilities and services priced 30–40 per cent lower than in Dubai, enhancing rental yields and long-term profitability. 'UAQ's market is in its infancy, which means early investors stand to gain the most,' noted Mohan Ignatius, a property consultant. 'Areas like Al Salamah and UAQ Marina have seen property values rise by 12–15 per cent annually since 2023, outpacing many established markets.' Rental yields, averaging 7–9 per cent, outperform Dubai's 5–6 per cent, attracting income-focused investors. Commercial real estate is also thriving, with industrial plots near UAQ FTZ and retail spaces in Al Salam City witnessing 20 per cent occupancy growth year-on-year. Property pundits unanimously endorse UAQ's potential. 'UAQ's affordability, coupled with its infrastructure pipeline, mirrors Dubai's early growth stages,' said Ignatius. Realty market players said demand in UAQ is driven by a combination of factors, including its proximity to major cities, growing infrastructure, and affordability. 'Many individuals and families, particularly those employed in neighboring Dubai, Sharjah and Ras Al Khaimah are increasingly moving to Umm Al Quwain for its quieter lifestyle, lower living costs, and growing range of amenities. The demand for residential properties is on the rise, especially among expatriates and middle-income families,' said Stapleton.
