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Associated Press
29-04-2025
- Business
- Associated Press
AYS Developers Announces Heritage Collection Residential Project on Dubai Islands
AYS Developers Brings Unmatched Luxury to Dubai Island with its Heritage Collection Project 'Our new office marks an exciting milestone as we expand our footprint and connect deeper with our target audience, community, partners and future clients,' said'— Yulia Loshchukhina, CEO of AYS Developers. DUBAI, UNITED ARAB EMIRATES, April 29, 2025 / / -- AYS Developers has opened its new office in Dubai, marking a key step in the company's regional expansion. The 8,000+ square foot space is located in Business Central Towers, an established commercial hub in the city. The opening event was attended by several public figures, including two-time World Boxing Champion Amir Khan; Dr. Mahra Lutfi, the first Emirati Miss Planet International and Miss UAE; and digital content creators, the Zamzam Brothers. Speaking at the event, AYS Developers CEO Yulia Loshchukhina said, 'Our new office marks an exciting milestone as we expand our footprint and connect deeper with our target audience, community, partners and future clients.' Upcoming Projects on Dubai Islands AYS Developers is preparing to launch a new series of high-end residential developments under its Heritage Collection. The projects, valued at approximately one billion dirhams, will be located on Dubai Islands—a waterfront district currently undergoing large-scale urban planning and infrastructure investment. These developments aim to integrate residential design with location-specific features, proximity to city landmarks, and a range of on-site amenities. The company states that the Heritage Collection is designed to appeal to both owner-occupiers and investors, with emphasis on long-term livability and asset value. Market Conditions and Investment Outlook The launch coincides with continued growth in Dubai's real estate sector. According to market data, property prices have increased by 15.7% year-on-year, with the luxury segment reporting a rise of over 22%. The first quarter of 2025 saw property transactions exceed AED 97 billion, up 27% from the same period last year. Approximately 45% of all property transactions in Dubai are now attributed to international buyers. Analysts forecast further growth in the premium market segment, with potential appreciation of 18–20% over the next two years. AYS Developers' timing aligns with these market trends. The Heritage Collection is being positioned as a long-term investment option. According to the developer, properties on Dubai Islands have historically delivered rental yields in the range of 8–10%, with projected capital gains of up to 35% upon completion of the new developments. Design Features and Technical Partners AYS Developers is collaborating with several international brands on materials and interior systems. Project partners include Bertolotto, Dornbracht, Legrand, Schindler, Scavolini, Villeroy & Boch, and Miele. Each unit in the Heritage Collection will feature integrated smart home systems powered by Alexa, frameless interior doors, and balconies fitted with built-in jacuzzis. Other planned features include ceiling-mounted curtain boxes with provisions for motorized drapes, emphasizing a blend of technical convenience and contemporary residential design. Amenities and Facilities The developments will include rooftop saltwater pools, fitness facilities equipped by TechnoGym, and dedicated spaces for children. Additional communal areas such as a cinema room, business lounge with high-speed internet, and indoor social areas are also planned. Outdoor amenities will include a yoga deck, rooftop garden, and sunbathing areas. Other listed features are electric vehicle parking, a concierge-serviced lobby, and 24-hour security. These are intended to provide both recreational and practical value to future residents. Regulatory Context The project aligns with Dubai's broader urban development strategy, Vision 2040, which includes housing, infrastructure, and sustainability goals. Recent government reforms in property ownership and residency programs have also made real estate investment more accessible to non-residents. The Heritage Collection is scheduled to launch in phases, with details to be released in accordance with local planning and regulatory approvals. Vinita Hirani Tickbox UAE +971 55 252 1124 email us here Visit us on social media: LinkedIn Instagram YouTube Legal Disclaimer: EIN Presswire provides this news content 'as is' without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
Gulf Today
19-04-2025
- Lifestyle
- Gulf Today
Miss UAE launches ‘sustainable fashion movement'
Jamil Khan, Senior Reporter Dr Mahra Lutfi, having two distinguished titles, Miss UAE and Miss Planet International, has announced a collaboration with a fashion brand to launch a massive 'sustainable fashion movement' aiming to preserve Planet Earth for future generations. In a press meet, Dr Mahra while talking to Gulf Today said that, to work in line with creating a sustainable fashion range of clothes, she has collaborated with Virgio, the pioneering sustainable fashion brand, and also will represent as 'Sustainable Fashion Ambassador' in region. The event was held at Paramount Hotel in Dubai and was attended by industry leaders and key stakeholders. Speaking at the launch, Dr Mahra said, 'Fashion should reflect both our individuality and our values. True style is more than just how we look and appear; it should also showcase care for our world and each other. With Virgio, I see a genuine effort to create clothing that respects both people and the planet. I am proud to collaborate with them and play a part in sharing their story. Together, we can help people see that ethical fashion can be both accessible and stylish.' Responding to a question, she said that soon she will unveil her own line of fashion designs which will be reflecting the Emirati culture and heritage, and will be showcasing them in a fashion show in Dubai. Amar Nagaram, CEO and Co-Founder of Virgio, commented, 'At Virgio, we believe that true change in fashion starts with transparency and a commitment to the environment. Dr Mahra Lutfi's passion for sustainability and her influence as a role model make her the perfect ambassador for our brand. By joining forces, we aim to inspire a movement towards fashion that is not just about looking good but also about doing good.' He vowed to reduce the waste of unsold inventory reaching landfill sites and creating more sustainable material to save the planet's resources. The brand, founded in 2023, has already sold a good number of clothes so far. 'To reach our customers, we are already in contact with a number of UAE-based brands to set up our brick-and-mortar outlets in the country and beyond,' said Nagaram. 'Our approach combines natural, biodegradable fabrics with transparent, ethical manufacturing. The collections are crafted in Sedex-certified factories, are PETA-certified cruelty-free, and use innovative packaging to reduce environmental impact. With a presence both online and in stores, Virgio has seen rapid growth in India, driven by a new generation of consumers seeking style without compromise on responsibility,' he added. Further Isheet Kaur, Head of International Business adds, 'At Virgio, we're thrilled to partner with Dr Mahra – a true icon of elegance, purpose, and positive change. Together, we're not just launching a brand collaboration – we're igniting a movement. Where science meets style, and sustainability takes centre stage. With Dr Mahra's passion and our commitment to innovative, stylish, and sustainable fashion, we're poised to change the dynamics of the fashion industry – not just in the region, but far beyond.'
