Latest news with #LoaiAlFakir
ME Construction
a day ago
- Business
- ME Construction
Sobha Realty announces the Sobha Privy Collection and launches ‘The S'
Property Sobha Realty announces the Sobha Privy Collection and launches 'The S' By The new tower is envisioned as an equilateral triangle sculpted at the apex of the district's canal arc Sobha Realty has unveiled its Sobha Privy Collection brand, which is said to encompass a new era of ultra-luxury living that embodies the design philosophy – The Art of Sublime. Sobha Privy Collection is characterised by seven fundamental principles – expansive living spaces, iconic addresses, unparalleled finesse, exceptional service, exclusive amenities, extraordinary privacy, and a distinct quality that elevates each home above the rest, said a statement. Marking the launch of the new brand, the developer has unveiled a new ultra-luxury development, 'The S' at Sobha Hartland II. According to the firm, this architectural landmark, the final and tallest reveal within the masterplan, is inspired by the 'The S' on Sheikh Zayed Road. The new tower is envisioned as an equilateral triangle sculpted at the apex of the district's canal arc, providing breathtaking 270-degree panoramic views across Downtown Dubai, the central lagoon, and beyond, the firm said in a statement. Ravi Menon, Chairman of Sobha Group said, 'Sobha Privy Collection reflects our pursuit of purity in design and perfection in detail. With 'The S' at Sobha Hartland II, we are presenting residences that speak the language of grandeur, stillness, elegance, and enduring value for those who resonate with the extraordinary.' Loai Al Fakir, CEO of Provident Real Estate added, ''The S' wasn't just another development; it was a project that demanded attention. From the design to the delivery, Sobha Realty brought something truly refined to the table, and we knew right away it was worth backing. Being part of its success wasn't just exciting; it reaffirmed why we do what we do.' Extending beyond a single address, Sobha Privy Collection comprises a selection of residences across the developer's projects, including the mansions and villas at Sobha Hartland II Estates, duplexes and Penthouses at SeaHaven, The S – Sheikh Zayed Road, and now, 'The S' at Sobha Hartland II. Each home is shaped with layouts, locations, personalised details, and a quiet focus on privacy, coming together to reflect the care and craft that define the Sobha way, the developer explained. Huimin Wang, Managing Director of Fastway Real Estate commented, 'When Sobha Realty introduced The S on Sheikh Zayed Road, it represented a bold vision of luxury; brought to life with unmatched precision and craftsmanship. Now, as it reaches completion, it stands as a testament to that promise and to everyone who believed in it from the very beginning.' Residences begin from the eighth floor upward, preserving uninterrupted vistas and heightened privacy. The S is a 71-storey tower with just two expansive, villa-scale residences per floor. The design features a floor-to-floor height of four metres with a clear unobstructed glazing expanse, intuitive spatial separation, panoramic master suites, private terraces, and spa-inspired bathrooms bathed in natural light, the statement outlined. At The S, residents experience luxury from the moment they arrive, with a stunning triple-height grand lobby, and concierge and valet services. Every element is shaped by Sobha's hallmark: an obsessive attention to detail refined over decades of craftsmanship. Designed for the global connoisseur, Sobha Privy Collection presents homes as rare and considered, as the lives they are meant to reflect, it added. The S, the final chapter in the Sobha Hartland II story, pays homage to Sobha's legacy while forging a new path. Offering experience of space, tranquility, and refined living. With future additions planned across waterfronts, islands, and skyline-defining destinations, Sobha Privy Collection continues to redefine the modern concept of prestige, rooted in timeless principles of clarity, craftsmanship, and The Art of Sublime, it concluded.
Zawya
2 days ago
- Business
- Zawya
Dubai's rise as the global capital of branded residences: Documented by Provident
Dubai, UAE – The branded residence revolution has found its capital — and that capital is Dubai. Provident Estate proudly launches the region's first-ever Branded Residences Coffee Table Book, a curated visual journey through over 60 of the world's most iconic branded addresses. This collector's edition is more than just a book; it's a tribute to the fusion of design, legacy, and lifestyle that is redefining real estate in the UAE and around the world. 'Branded residences are no longer a niche – they are the new global standard for luxury living,' says Loai Al Fakir, CEO of Provident Estate. 'Dubai has become the epicenter of this movement, attracting global icons across fashion, automotive, hospitality, and design. This book is our way of celebrating that evolution — and leading it.' Branded Residences: The Future of Real Estate in the UAE From Bugatti and Bentley to Armani and Baccarat, branded residences offer more than just a home ; they deliver a lifestyle backed by global legacy, curated design, and five-star services. In Dubai, the demand for such properties has skyrocketed as discerning investors seek exclusivity, brand equity, and long-term value. With this first-of-its-kind publication, Provident Estate cements its position at the forefront of branded living, not just as a brokerage, but as a thought leader and tastemaker in the space. A Must-Have for Collectors and Investors Alike Visually striking and editorially rich, the Branded Residences Coffee Table Book is designed for more than just real estate enthusiasts. It speaks to collectors, design conoisseurs, brand loyalists, and high-net-worth individuals who understand the emotional and financial value of branded living. Whether displayed in a private residence or executive lounge, it offers a glimpse into the future of real estate — one built on identity, experience, and legacy. Where to Find It The print edition is now available in: Emirates First & Business Class Lounges Luxury hotel lobbies and private members' clubs Select real estate showrooms and branded galleries across Dubai Prefer the digital experience? Download the high-resolution mobile-friendly version here: -Ends- About Provident Estate: Pursuing excellence since 2008. Provident Estate is a one-stop shop for all things real estate. With a resolution to always offer 5-star service to their clients, Provident Estate are here for property requirements and queries. At the crux of the business, Provident Estate work relentlessly to provide hassle-free tailored real estate advice and consultancy for investors and families alike who are looking to find the perfect home. Provident Estate takes pride in the diverse portfolio of not just services but also the team members behind the company. With over 22 different nationalities speaking 25+ different languages, all are ready to answer property-related questions. Provident are available to help with buying and leasing as well as property management all the way through to looking for the correct financing options or even finding a perfect holiday home. The company pride themselves in being transparent, honest and professional to deliver the best results to clients. Website: Instagram:@providentestate LinkedIn: @providentestate For PR inquiries, contact Charline Abi Rached, Brand Manager Email: charline@
Khaleej Times
08-07-2025
- Business
- Khaleej Times
Expo City Dubai emerges as real estate hotspot amid surging global investor confidence
Dubai's Expo City is rapidly gaining investors' appeal as a premier destination in the UAE, attracting significant interest from global buyers — particularly high-net-worth individuals from Germany and Switzerland. A combination of visionary planning, robust infrastructure, and compelling returns has turned this government-backed smart city into a magnet for real estate investment, setting the stage for a long-term boom. In a sign of growing confidence, six full buildings, multiple floors, and dozens of individual units were sold in just two months, led by Provident Estate. Senior investment adviser Walid Alok, who sold several entire buildings in less than 40 days, describes Expo City as 'the number one investment opportunity in Dubai today.' He attributes this surge to the city's infrastructure readiness and data-backed sustainability efforts, which resonate deeply with discerning European investors. 'We've seen more European capital move into Dubai in the past two years than ever before. German-speaking investors especially are showing a clear preference for Expo City's long-term vision and performance,' says Loai Al Fakir, CEO of Provident Estate. Family offices and institutional buyers from Germany and Switzerland are diversifying their portfolios by shifting funds into this smart urban precinct, confident in its master-planned potential and immediate visibility. Dubai's 2040 Urban Master Plan identifies Expo City as a key pillar of the city's expansion. With integrated business hubs, innovation districts, educational zones, and residential clusters, the area is engineered to support future-ready urban living. For investors, this translates into a rare opportunity to enter early in a high-growth market backed by government strategy and world-class planning. Industry insiders highlight the transformation of Expo City from a world exposition venue into a thriving mixed-use urban centre as a key catalyst for demand. 'Expo City is no longer just a legacy site — it's an evolving community attracting families, professionals, and corporates alike,' says a consultant from Betterhomes. The shift is driving a surge in both residential and commercial real estate activity, creating fertile ground for capital appreciation. The Dubai Land Department (DLD) has also reported rising transaction volumes in and around Expo City since the start of 2025. Analysts at Knight Frank and Core Real Estate note that properties in this zone are experiencing some of the fastest appreciation rates in Dubai, with price growth outpacing several established neighbourhoods. Rental yields, particularly for smart homes and sustainable living units, are exceeding citywide averages, further fuelling investor interest. The infrastructural enhancements in and around Expo City have played a pivotal role in this momentum. The Dubai Metro extension now directly connects the area to the rest of the city, supported by newly built highways, schools, retail outlets, and healthcare facilities. This accessibility, combined with Expo City's emphasis on green architecture and digital integration, makes it an ideal fit for modern urban lifestyles. Off-plan developments in Expo City are also drawing strong investor confidence. With reliable developers, phased delivery timelines, and smart technologies embedded into the blueprints, buyers are betting on long-term value creation. According to industry data, more than 60 per cent of the new buyers in Expo City this year have opted for off-plan units, underscoring a bullish outlook on the precinct's real estate is another growth segment within Expo City. High-end villas and premium apartments featuring smart home integrations, energy-efficient designs, and exclusive community access are in high demand. Price forecasts by Asteco and CBRE suggest luxury property values in and around Expo City could climb by 10 to 15 per cent annually over the next three years, driven by limited supply and sustained global commercial investors, the influx of businesses relocating to Expo City adds another layer of appeal. Startups, green tech companies, and innovation-focused enterprises are choosing the area for its sustainability-first ecosystem and international brand value. This is creating upward pressure on demand for office space and retail units, with average commercial rents rising steadily since the start of the impact of Expo 2020 continues to ripple through Dubai's property market, with Expo City standing as the most prominent beneficiary of that global visibility. As Dubai positions itself as a hub for innovation, sustainability, and business excellence, Expo City serves as a model for future-ready urban development, real estate experts say. With its strong fundamentals, government support, and growing global recognition, Expo City Dubai is emerging as a blueprint for the future of urban living in the region, according to industry insiders.
