Latest news with #Majan
Zawya
18 hours ago
- Business
- Zawya
Dubai's Madar Development launches $54mln residential project in Majan
Dubai-headquartered Madar Developments has launched Tulip Oasis X Residences, a residential development in Majan with a gross development value of 200 million UAE dirhams ($54.45 million). The 127-unit project is the 10 addition to its Tulip Oasis portfolio, the developer said in a statement on Monday. The company has delivered 9 Tulip Oasis residential properties, generating over AED 1 billion in gross development value. The project, consisting of 79 and 48 one- and two-bedroom apartments, is slated for completion by the second quarter of 2026. Tulip Oasis portfolio projects have been completed in Dubai Silicon Oasis, Al Furjan, and Dubailand. Founded in 1989 in Sharjah, the family-run company's portfolio comprises over 100 properties with a total gross development value of over AED 2 billion. (Writing by P Deol; Editing by Anoop Menon) (
Zawya
19 hours ago
- Business
- Zawya
Madar Developments launches Tulip Oasis X Residences, strengthening its footprint in the UAE residential market
With a Gross Development Value of AED 200 million, Tulip Oasis X Residences marks the 10th Tulip Oasis property under Madar Developments' growing portfolio Dubai, U.A.E – Madar Developments, the UAE-based real estate developer with a 35-year legacy in UAE's real estate sector, has officially launched Tulip Oasis X Residences – its latest residential development in Majan, Dubai. With a Gross Development Value (GDV) of AED 200 million, the 127-unit property marks the 10th edition in the Tulip Oasis collection under Madar Developments' expansive portfolio. Madar Developments has delivered 9 Tulip Oasis residential properties, generating over AED 1 billion in gross development value, with several selling out within weeks of launch. The brand has played a key role in shaping Majan's residential landscape, contributing to a 20–30 per cent increase in property values across the district. Earlier Tulip Oasis projects were completed in Dubai Silicon Oasis, Al Furjan, and Dubailand. This reflects a steady, location-focused approach driven by demand and backed by in-house delivery capabilities. Scheduled for completion by Q2 2026, Tulip Oasis X Residences couples personalized style with luxurious and thoughtfully curated apartments that capture the essence of modern luxury with practicality and value that elevates living experiences beyond the ordinary. UAE residents and families seeking an active community lifestyle with elegant living experiences can choose from 79 one-bedroom and 48 two-bedroom apartments. Each unit has been designed to maximise space while offering an opulent and modern aesthetic. The interiors are designed for both function and comfort, with a natural colour palette that transcends a sophisticated lifestyle, and offers a home where connections are made, and memories created. Tulip Oasis X Residences offers modern elegance and aesthetic appeal in each apartment, featuring Armani silver tiles, brushed graphite fittings, dark oak wood accents, and slate Pietra countertops. Residents also have access to a range of wellness and leisure amenities, including a temperature-controlled swimming pool with sunken seating, sauna, a plunge pool, a fully equipped fitness centre, bicycle parking, and a stylish entrance lobby. Set in one of Dubai's quietly growing neighbourhoods – Majan – the property offers serene views of Dubai's skyline in a calming atmosphere, ideal for families and professionals. Residents can enjoy easy access to Dubai's business, commercial and leisure districts, including Dubai Marina, Mall of the Emirates, Dubai Mall, Dubai Hills Mall, Dubai International Airport, and more. "This project builds on the success of our previous developments and reflects what Madar Developments is known for – trust and reliability, thoughtful design, and homes that balance function with a sense of understated quality. Over the years, our developments have earned the trust of residents and investors alike, and Tulip Oasis X Residences is a testament of our legacy," says Eliyas Faddul, Director at Madar Developments. A tailored payment plan will be offered to buyers and investors, including a 40/60 payment plan. Rising up to meet the demand for luxurious residential apartments, Madar Developments also aims to grow its presence, diversifying its portfolio with new brand launches in the coming months. For more information, visit About Madar Developments: Founded in 1989 in Sharjah, Madar Developments is part of the renowned Al Madar Engineering and has expanded into a fully integrated real estate business, offering a diverse range of services across construction, architecture, MEP systems, and ELV solutions. The homegrown and family-run company includes a total portfolio of over 100 properties and a total gross development value of over AED 2 billion, having delivered over 3,500 units since its inception. Madar Developments maintains full control over project timelines and quality, ensuring residents' reliability at every stage of development and is a trusted loyal developer that brings homes to life in vibrant communities in the UAE. For media inquiries, please contact: Justin Froes at Q Communications Justin.f@
Zawya
12-05-2025
- Business
- Zawya
Tejarah Talks session to delve into Oman's mining sector
Industry experts will gather at the Civil Aviation Authority Training Centre on Tuesday, May 27, at 11am, to explore innovation and sustainability in the mining sector. The session will examine strategies for positioning Oman as a regional centre for mineral production. The 70-minute forum, Digging into the Future: Innovation & Sustainability in Mining, will unite specialists to review Oman's geological resources and emerging industry trends as development continues in alignment with Vision 2040 objectives. The event will showcase Oman's rich mineral heritage – known in ancient times as Majan for its copper smelting – and how these resources are being utilized today. Substantial deposits of dolomite, limestone, gypsum, gabbro, copper and gold remain partially untapped, offering significant commercial potential. 'Most people don't realize that minerals extracted in Oman are in their smartphones, cars, homes and even the food they eat,' said Badriya al Amri, Oman Business Forum Office, Ministry of Commerce, Industry and Investment Promotion and Tejarah Talks Administrator. 'This month's session will reveal how mining touches nearly every aspect of our daily lives while showcasing how innovative approaches are making the industry more sustainable.' Topics will include renewable energy adoption, efficiency improvements and low-carbon technology integration in extraction operations. Speakers will address ESG integration, digital transformation and technological advancements including drone usage and IoT applications for the sector. The discussion will emphasize the practical importance of locally-sourced minerals in everyday life. Gypsum, which reached export volumes of 12 million tonnes in 2024 - up 7.1 per cent from 2023 - is essential for manufacturing drywall, conditioning soil in agriculture and producing cement. Without it global construction would grind to a halt. Limestone is vital for cement manufacturing, glass production and as a purifier in power station emissions systems while also serving as a calcium supplement in food and medicines. Dolomite is used in manufacturing glass bottles, ceramics and as a soil enhancer for agricultural production. The event will also cover mining's role in the global green energy transition. The worldwide push toward electrification has created unprecedented demand for copper with its exceptional conductivity properties making it essential for renewable energy systems and electric vehicles (EV). It is estimated the average EV contains approximately 83kg of copper - nearly four times the 23kg found in conventional cars - primarily in batteries, motors and charging infrastructure. Similarly, renewable energy installations are copper-intensive with a single wind turbine containing up to 4 tonnes of copper in its generators, transformers and cabling systems. With sizeable copper reserves, Oman is well-positioned to benefit as countries worldwide commit to carbon reduction targets. Projects across Oman are adding value to raw minerals through processing facilities, including titanium dioxide production and aluminum manufacturing. Panelists will discuss how these capabilities contribute to economic diversification while creating high-skilled jobs in fields ranging from environmental science to robotics and data analytics. Organized by Oman Business Forum in association with the Ministry of Commerce, Industry and& Investment Promotion and supported by Nortal, MHD, Invest Oman and Oman FM, May's Tejarah Talks will provide practical insights for investors, policymakers, industry stakeholders and anyone interested in understanding how mining shapes our modern world. 2022 © All right reserved for Oman Establishment for Press, Publication and Advertising (OEPPA) Provided by SyndiGate Media Inc. (
