Latest news with #MardiHolding
Arabian Business
23-04-2025
- Business
- Arabian Business
UAE investors eye Georgia's real estate market with 60% RoI potential
Georgian real estate is attracting significant interest from UAE and international investors, with returns on investment reaching up to 60 per cent, according to industry reports. Mardi Holding, a property developer with over 15 large-scale projects completed since 2010, expanded into the UAE market in January 2025. The company has partnered with global hospitality brands, including Accor Hotels, to deliver developments that meet international standards. Georgia property market draws UAE investors Georgia offers investors a combination of economic benefits, including favourable tax policies, straightforward foreign property ownership processes, and consistent economic growth. 'If you're looking for exceptional ROI opportunities when it comes to global real estate investment opportunities, Georgia is a rising star. At ZAM Prime Properties, we are proud to be driving this growth, offering world-class projects that deliver both strong returns and a seamless ownership experience,' Faisal Contractor, Founder & CEO, ZAM Prime Properties, a subsidiary of Mardi Holding located in Business Bay, Dubai said. The country, often referred to as the 'Gem of the Caucasus', provides investors with lifestyle benefits alongside financial returns. Batumi's Black Sea coastline and Tbilisi's historic sites and arts scene contribute to the country's appeal.
ME Construction
12-03-2025
- Business
- ME Construction
Mardi Holding expands into UAE real estate market
Property Mardi Holding expands into UAE real estate market By Mardi Holding is based in Batumi and has been active in the real estate market since 2010 Georgia-based Mardi Holding has announced its official expansion into the UAE. The move is designed to attract investors to developments in Georgia from Mardi Holding with a cooperation agreement with hospitality group Accor. Mardi Holding is based in Batumi and has been active in the real estate market since 2010 – but has a history spanning over 30 years covering various sectors. With nearly fifteen large scale projects completed since the establishment of its real estate arm in 2010, Mardi Holding is known for its residential, commercial, and hotel developments, said a statement from the firm. The company launched its expansion into the GCC at the Grand Hyatt Hotel in Dubai. The event is said to have marked a milestone in the company's growth and highlighted real estate investment opportunities through Mardi Global Investment (MGI). MGI focuses on creating innovative projects that promote financial growth and sustainable development, underscoring its commitment to providing transformative opportunities for investors. 'Georgia has become an attractive destination for UAE investors, boasting stunning landscapes from Kakheti's vineyards to Svaneti's alpine meadows. Our capital Tbilisi uniquely blends ancient architecture with a vibrant arts scene, reflecting the country's rich culture, while the coastal city of Batumi features a beautiful subtropical climate and modern skyline. It truly has something for everyone and is the perfect second home destination,' said Juan Bagration-Mukhrani, Managing Partner of Mardi Holding. At the event, the company highlighted its portfolio including projects such as – Batumi Hills, and provided guests with an experience to meet local hoteliers which reflects local culture and traditions. The development is said to offer distinct living experiences within stylish, brand-serviced residences. Mercure Hotel Aquapark Batumi, Georgia's first all-inclusive hotel will provide a range of health-improving procedures and outdoor activities, catering to guests' wellness needs. The company also highlighted the Mardi Aquapark Wellness Resort & Residence. The resort promises various wellness-focused experiences and top-tier hospitality, while Novotel Living Batumi – the first hotel under the Novotel Living brand on the Black Sea coast in Batumi, Georgia – will offer apartment owners additional benefits and a 'strata title' concept, while guests will have an opportunity to become a member of the ALL – Accor Live Limitless global loyalty program. The launch into the UAE market is being facilitated through ZAM Prime Properties and is headed by Faisal Contractor – a subsidiary of Mardi Holding based in Dubai. Enhanced transport links, including daily four-hour flights from Dubai to Tbilisi, have solidified the connection between the two regions, as well as the convenience of sharing the same time zone, the statement noted.
ME Construction
24-02-2025
- Business
- ME Construction
Mardi Holding announces its expansion into the UAE real estate market
Property Mardi Holding announces its expansion into the UAE real estate market By Mardi Global Investment is committed to launching high-yield projects that promote sustainable development in collaboration with Accor hospitality group Georgia-based Mardi Holding has announced its expansion into the UAE real estate market, and aims to focus on Dubai. The event showcased Georgia's real estate investment opportunities and the establishment of Mardi Holding in the region. Attended by gathering of investors, partners, and dignitaries, the launch highlighted Mardi Holding's developments, including Batumi Hills and the Mercure Hotel Aquapark Batumi. Juan Bagration-Mukhrani, Managing Partner of Mardi Holding, opened the event and expressed enthusiasm for this expansion, emphasising Georgia's appeal as an investment destination – combining rich culture, beautiful landscapes, and modern living experiences. 'This event signified a crucial milestone for Mardi Holding and positions us to forge deep connections with UAE investors,' said Juan. 'With enhanced transport links and shared time zones, we are excited to present Georgia as a viable option for potential second homes and profitable investments.' 'The success of the event has clearly demonstrated the tremendous interest in investing in Georgia's real estate market. We are excited to see so many investors eager to explore the unique opportunities that our stunning developments offer. This marks a significant step forward not only for Mardi Holding but for the growth of international investment in Georgia.' commented Faisal Contractor, CEO, ZAM Properties, a subsidiary of Mardi Holding based in Business Bay Dubai. The event also underscored Mardi Global Investment's (MGI) commitment to launching high-yield projects that promote sustainable development. The collaboration with Accor hospitality group further solidifies Mardi Holding's dedication in the real estate sector.
