Latest news with #KhaledbinAlwaleedbinTalal
Arabian Post
4 days ago
- Business
- Arabian Post
Dubai's Akala Project Sets New Benchmark in Wellness Real Estate
Arada has launched Akala, a AED 5 billion development positioned as the world's first precision wellness destination, located between Dubai International Financial Centre and Downtown Dubai. The project comprises two 220-metre towers housing 534 branded residences, integrating advanced medical diagnostics with luxury living. The residences range from one-bedroom apartments to a two-level penthouse named The Observatory, offering panoramic views of the Burj Khalifa. Each unit is designed to provide a lifestyle supported by performance-driven therapies and intuitive hospitality. The development is LEED Gold and WELL Silver precertified, emphasizing sustainability and indoor health. Akala's wellness ecosystem includes the Everwell medical clinic, a state-of-the-art gym, wellness studios, and the Akala Spa. The spa features thermal circuits with thalassotherapy pools, eucalyptus steam rooms, infrared salt rooms, Finnish saunas, cold plunges, and ice rooms. Private treatment rooms and VIP Spa Suites are also part of the design. ADVERTISEMENT Sales commenced on May 31 with a two-day event at Dubai's Museum of the Future. Prices start from AED 3.79 million for one-bedroom apartments, with sizes ranging from 1,036 to 1,407 square feet. A flexible 50/50 payment plan is available, with 10% down payment, 50% during construction, and the remaining 40% upon completion. Construction is scheduled for completion by the end of 2029. Arada plans to expand the Akala brand internationally, targeting markets in the Middle East, Europe, and Australia. The company aims to deliver culturally tailored yet consistently luxurious experiences in each location. HRH Prince Khaled bin Alwaleed bin Talal, Executive Vice Chairman of Arada, stated that Akala is designed for the next generation of global citizens who want to live better, happier, and longer. He emphasized that the project reflects how people want to live today, where peak health, personal performance, and rest are all part of the same experience.
Saudi Gazette
7 days ago
- Business
- Saudi Gazette
Prince Khaled bin Alwaleed leads Saudi Sports for All delegation at MESIF 2025 in London
LONDON — The Saudi Sports for All Federation (SFA), led by its President Prince Khaled bin Alwaleed bin Talal, participated in the Middle East Sports Investment Forum (MESIF) 2025 held on May 27–28 at Tottenham Hotspur Stadium in London. Sponsored by the Saudi Ministry of Investment with strategic support from the Ministry of Sports, the forum brought together over 300 delegates, including representatives from regional sports ministries, sovereign wealth funds, and private sector entities across the MENA region. Prince Khaled praised the forum organizers and sponsors for creating a platform that brought together key stakeholders from across the GCC and beyond. 'MESIF connects the regional sports ecosystem and enables meaningful collaboration across sectors,' he noted. SFA Managing Director Shaima Al-Husseini took part in a panel discussion focused on measuring the social impact of sports. She highlighted the Federation's commitment to a data-driven approach, aligning its metrics with the World Health Organization's Global Action Plan and using national surveys, digital engagement, and community input.'Our programs reflect tangible improvements in public participation, gender equity, and long-term behavior change,' Al-Husseini said, emphasizing the Federation's role in building sustainable, inclusive sports infrastructure across Saudi forum also explored key issues such as sports finance, stadium infrastructure, innovation and technology in sports, fan engagement, and the growing intersection between tourism and sports development. — SG
Sharjah 24
29-05-2025
- Business
- Sharjah 24
Arada unveils Akala, world's first precision wellness destination
Brand's first and flagship location The brand's first and flagship location, Akala Hotel & Residences, which contains 534 branded residences, is ideally located between Dubai International Financial Centre (DIFC) and Downtown Dubai. Comprising two 220-metre-tall towers, the design of Akala features an architectural journey of compression and release, with signature elements flowing directly into a shared podium housing best-in-class spa, fitness, and clinical wellness facilities. Sales at the AED5 billion development commence on Saturday 31 May with a two-day event taking place at Dubai's Museum of the Future. Every home – ranging from one-bedroom apartments to the showstopping two-level penthouse The Observatory, which offers panoramic views of the Burj Khalifa – offers a lifestyle underpinned by a combination of advanced medical diagnostics, performance-driven therapies and seamless, intuitive hospitality, resulting in a unique, weightless experience Featuring LEED Gold and WELL Silver precertification, construction on Akala is scheduled to be completed by the end of 2029. His Royal Highness Prince Khaled bin Alwaleed bin Talal, Executive Vice Chairman of Arada, said: 'With Akala, we are creating a sanctuary that reflects how people want to live today, where peak health, personal performance, and rest are all part of the same experience. With an array of wellness facilities and services that is unmatched anywhere in the world, Akala is designed for the next generation of global citizens who want to live better, happier and longer.' Ahmed Alkhoshaibi, Group CEO of Arada, said: 'Akala represents the convergence of two powerful global shifts – the rise of wellness as a central life pursuit, and the demand for service-led, lifestyle-driven residential experiences. Dubai is the perfect place to launch this concept, and we're proud to introduce a new kind of brand from the region to the world.' Meticulously designed Each residence at Akala has been meticulously designed to support physical, emotional, and environmental wellbeing. From advanced air and water purification systems to individually zoned climate control and circadian lighting, every detail enhances health and comfort. Materials and furnishings are selected for their natural, sustainable qualities, while integrated smart technology allows residents to personalise their environment with ease. Wellness-enhancing upgrades, including organic sleep systems, EMF-conscious design elements, and acoustic optimisation, combine to create a luxury home that actively supports longevity, focus, and rest. Backed by the world's most comprehensive wellness ecosystem Life at Akala is backed by the world's most comprehensive wellness ecosystem. Facilities include a high-performance fitness club equipped with state-of-the-art strength and cardio equipment, private training pods, an indoor lap pool, and dedicated studios for cycling and group exercise. Complementing this is the Akala Spa, a full-service hydrothermal and treatment facility featuring saunas, hammams, thalassotherapy pools, and VIP suites, anchored by a comprehensive luxury thermal circuit. The wellness experience extends into dedicated Wellness Studios for movement, recovery, and mindfulness practices, with spaces crafted to promote restoration, balance, and emotional wellbeing. Everwell's state-of-the-art medical wellness clinic provides discreet, boutique healthcare services with a focus on diagnostics, preventative care, and personalised treatments, including proprietary stem cell therapies. Akala also features curated organic dining, a striking L-shaped pool, elegant social spaces and a range of residents-only amenities including gym, spa and private cinema. Offers an extensive range of services and amenities Akala also offers an extensive range of services and amenities that extend the wellness experience far beyond the home. A dedicated lifestyle and wellness concierge delivers seamless, personalised support – from daily housekeeping and in-home spa treatments to curated dining, fitness and recovery programs. Residents benefit from intuitive hospitality and specialist services such as family support, companion care, and event planning. Akala is designed not only as a destination but also as a community: a members' club with a global footprint, giving residents and guests access to exclusive wellness programming, content, and experiences across its future locations worldwide. Following its debut in Dubai, Akala is set to expand to major international hubs, with plans under development for properties elsewhere in the Middle East, Europe and Australia. Future locations will continue the brand's mission to deliver precision wellness, with each project curated to its environment and culture.
Saudi Gazette
16-05-2025
- Business
- Saudi Gazette
Prince Khaled bin Alwaleed honors AOU startup winners advancing AI and sustainability
RIYADH — Arab Open University (AOU) concluded its inaugural Startup Competition 2025 at its Riyadh campus, celebrating a range of innovative student-led projects with awards presented by Prince Khaled bin Alwaleed bin Talal. The competition highlighted AOU's commitment to empowering young entrepreneurs and supporting Saudi Arabia's Vision 2030, which aims to foster a knowledge-based, innovation-driven economy. The top prize went to Jadwalna, an AI-powered tourism platform that delivers personalized travel experiences across Saudi Arabia while offering service providers intelligent marketing and payment tools. Second place was awarded to Sakina, a mental health platform utilizing culturally aware AI to provide round-the-clock emotional support and wellness resources. Eco Bin—a smart waste-sorting system promoting sustainability through automated material detection and recycling—took both third place and the audience choice award. During the ceremony, Prince Khaled expressed a personal connection to the university, describing his visit as a return to a second home. He recalled the pivotal role played by the late Prince Talal bin Abdulaziz, who announced the AOU initiative in 1996 to establish a non-traditional academic institution focused on scientific, social, and cultural advancement. That vision materialized in 2002, in collaboration with the UK's Open University. Finalist projects showcased a wide range of impactful innovations, including AI-based queue management systems, non-invasive drug detection devices, emergency communication tools for non-verbal users, afforestation mapping platforms, virtual reality communities, assistive technology for the visually impaired, and investor matchmaking apps for emerging entrepreneurs. — SG
Zawya
28-02-2025
- Business
- Zawya
Sharjah: Arada sells out $1.52bln Masaar 2
SHARJAH: Arada sold out all four phases at its Masaar 2 project just three hours after the forested master community was launched for sale at 9am today. Prospective customers began queuing outside Arada's sales centres from 2am onwards and by 12pm, all 2,000 homes with a total valuation of AED5.6bn had been snapped up, making Masaar 2 by far the fastest-selling off-plan project in Sharjah, and one of the fastest-selling projects in the UAE overall. The hotly anticipated Masaar 2 follows in the footsteps of the hugely successful Masaar megaproject in the Suyoh district of Sharjah. Spanning 10.5 million square feet and featuring serene woodlands, nature-inspired architecture and world-class amenities, Masaar 2 contains 2,000 contemporary homes, ranging in size from two-bedroom townhouses to five-bedroom villas. Residents of Masaar 2 will enjoy a variety of premium amenities, including a spectacular swimmable forest lagoon with waterfall, the standout feature of the master plan. Other amenities include sports and fitness facilities, a scenic woodland jogging track, an adventure trail, a community mosque and an outdoor cinema, all designed within a serene and exclusive landscape that contains 40,000 trees. Construction at Masaar 2 will start before the end of the year. The first homes are scheduled for completion by the end of 2027, and the full community with all its amenities will be completed by 2028. HRH Prince Khaled bin Alwaleed bin Talal, Executive Vice Chairman of Arada, said, 'The original Masaar has been one of the UAE's most transformative communities, seamlessly blending a forested landscape with an urban master plan and it is no surprise to see the exceptional level of interest in Masaar 2, which also reflects the impressive strength of the Sharjah market, and the wider interest in the UAE as an exceptional investment destination overall. With Masaar 2, we are again reinforcing Arada's commitment to delivering high-quality, people-centric communities that enhance residents' wellbeing.' Ahmed Alkhoshaibi, Group CEO of Arada, said, 'The first iteration of Masaar has been one of the UAE's most popular off-plan success stories of recent years, with both homeowners and investors alike praising the high quality of the finished homes, the good capital appreciation and impressive return on investment. We've been receiving daily requests about a second Masaar project since the original version sold out, and the significant pent-up demand in the market has resulted in the record-breaking sales that we have seen today.' The strong buyer demand for Masaar 2 reflects the wider investor interest in the Sharjah property market, with the total value of sales in 2024 rising year on year by 40% to AED40 billion. Interest is being driven by recent changes to allow all nationalities to buy property on a freehold basis, the delivery of high-quality master-planned communities, particularly in the New Sharjah area, and the rise in real estate values in neighbouring markets such as Dubai.
