Latest news with #MiraDevelopments'
Arabian Post
a day ago
- Business
- Arabian Post
Mira Developments Expands into Oman with Major Investment
Arabian Post Staff -Dubai Mira Developments, a UAE-based luxury real estate developer, has made a significant move into Oman with the acquisition of a one million square foot plot of land in the Dhofar Governorate. This strategic expansion positions the company to tap into the growing demand for luxury properties in Salalah, particularly as the region gains attention for its potential in high-end tourism and residential developments. The announcement came shortly after Mira Developments hosted a high-profile three-day mastermind retreat that brought together over 100 top-tier real estate professionals. The retreat, which included brokers, architects, and representatives from luxury brands, marked a pivotal moment in the company's ambitious expansion strategy. The event served as both a networking platform and a launchpad for the company's upcoming developments in Oman, including the highly anticipated Mira Coral Bay project. ADVERTISEMENT Mira Developments' decision to enter the Omani market underscores its broader vision to become a leader in luxury branded living across the Gulf Cooperation Council region. With a focus on integrating premium design, sustainability, and lifestyle excellence, the company aims to set new standards for luxury communities in the region. The project will not only contribute to the local economy but also elevate the standards of residential living in Salalah, which is emerging as a prime destination for affluent residents and tourists. The retreat, which was set against the picturesque backdrop of Salalah's unique natural landscape and the refreshing Khareef season, proved to be the perfect setting for brainstorming and collaboration. The event featured a series of workshops and strategic roundtable discussions that aimed to push the boundaries of innovation in real estate. Participants explored opportunities for cross-sector collaboration and exchanged insights on future trends in luxury living, from sustainable architecture to cutting-edge smart home technology. The Dhofar region, known for its lush green landscapes and pristine coastline, offers a distinctive appeal for luxury developments. Salalah, in particular, is poised to benefit from its increasing popularity as a year-round destination. The Khareef season, which attracts tourists with its cool climate and stunning natural beauty, provides an ideal environment for high-end real estate projects designed to offer both comfort and exclusivity. Mira Coral Bay, the flagship development, is expected to feature world-class amenities, including bespoke residences, upscale retail spaces, and recreational facilities, all designed to cater to the discerning tastes of luxury buyers. The development will incorporate sustainable practices, aligning with Mira Developments' commitment to environmental responsibility. The company has also indicated that its approach will prioritise creating harmonious, eco-friendly communities that blend seamlessly with the natural surroundings of Salalah. Real estate experts have noted that the luxury property market in Oman is ripe for development, particularly in regions like Dhofar. With its stunning landscapes and growing infrastructure, Salalah offers an attractive proposition for high-end investors looking for new opportunities outside of the more saturated markets in the UAE and Saudi Arabia. The entry of Mira Developments into the Omani market is seen as a significant endorsement of the potential of Salalah as a luxury destination, and the project is expected to attract both regional and international investors. While Mira Developments' focus is on luxury properties, its broader vision extends beyond just creating high-end residences. The company aims to shape the future of luxury living by fostering innovation and collaborating with leading experts across industries. Through its strategic expansions, Mira Developments is positioning itself as a key player in the future of real estate development in the GCC region.
Trade Arabia
29-01-2025
- Business
- Trade Arabia
Mira Developments, John Richmond announce partnership
UAE-based Mira Developments and ARAV Group, the driving force behind the high-fashion brand John Richmond, have announced an exclusive global partnership with initial projects set for UAE cities. This collaboration heralds a new era of luxury living, seamlessly integrating high-fashion aesthetics with unparalleled lifestyle experiences. The partnership will bring John Richmond's bold and edgy ethos to life through fully furnished residences, five-star hotels, and elegant cafes, the companies said. The first projects will grace prime destinations across the UAE, such as Dubai, Abu Dhabi, and Ras Al Khaimah, they said. THREE CITIES – ONE VISION Each development will combine John Richmond's distinctive design philosophy with Mira Developments' expertise in delivering fully furnished luxury homes, exceptional hotel-style services, and thoughtfully designed community spaces. Every John Richmond-branded property will embody the brand's globally celebrated aesthetic, inspired by the rebellious energy of rock 'n' roll and a profound exploration of street culture. These residences will showcase bold designs, premium materials, and innovative details that define the brand's signature style. Art installations and upscale furnishings, developed in collaboration with FormItalia Luxury Group, will further enhance the environment, seamlessly blending fashion and interior design. John Richmond commented: 'When I was sixteen, I was accepted at Manchester University to study architecture. At the last minute, I changed my mind and went to London to study fashion. I never lost my love of architecture, and to be involved in this venture is like all my dreams come true." 'We are thrilled to bring John Richmond's distinctive aesthetic to the world of luxury living,' said Mena Marano, CEO of ARAV Group and proprietor of the brand. 'This partnership marks an exciting milestone, showcasing how fashion and lifestyle can converge to redefine sophistication.' Tamara Getigezheva, Co-founder of Mira Group, stated: 'Mira Developments is delighted to partner with John Richmond and the ARAV Group, bringing the brand's distinctive fashion-forward vision to our luxury properties. Together, we will create spaces that seamlessly blend rebellious energy with refined elegance and exceptional craftsmanship.' PROPERTIES SET TO STUN
