Latest news with #RashidbinHumaidAlNuaimi
Mid East Info
a day ago
- Business
- Mid East Info
Emirates Properties launches Dh350 million Azha Millennium Residences as Dubai's branded home supply grows - Middle East Business News and Information
The launch of Azha Millennium Residences embodies Dubai's strategic vision to raise the real estate market value to Dh1 trillion by 2033 Under the patronage of HH Sheikh Rashid bin Humaid Al Nuaimi, Chairman of the Municipality and Planning Department in Ajman, Emirates Properties Group launched Azha Millennium Residences, an ultra-luxury branded mixed-use development that will be developed at the heart of Jumeirah Village Triangle (JVT), Dubai. Being developed by Emirates Properties Group, one of the large property developers in the UAE, the Dh350 million Azha Millennium Residences will deliver an exquisite collection of 196 Millennium Hotels & Resorts-branded apartments and curated retail spaces upon completion in Q4 2027. With its futuristic design, integrated living experience, and sustainable infrastructure, Azha Millennium Residences harbours Dubai's ambitious goal to propel the real estate market value to Dh1 trillion by 2033 – a key indicator of the Dubai Real Estate Sector Strategy 2033. Rising 30 storeys high, it is the latest hotel-branded development to adorn Dubai's towering skyline, reaffirming the city's appeal to the global affluent. The emirate recorded transactions of more than 13,000 branded units in 2024, a 43 per cent increase from 2023, according to market intelligence and property consultancy Global Branded Residences (GBR). Currently boasting 43,000 homes across 132 high-end developments in its inventory, Dubai eyes to increase its stock by more than double over the next five years. 'Azha Millennium Residences is a unique addition to Dubai's striking portfolio of branded homes. The project is an embodiment of aesthetics, sophistication, and convenience, further enhancing Dubai's appeal as an ideal residential destination for luxury lovers,' Sheikh Rashid bin Humaid Al Nuaimi said. Azha Millennium Residences features 196 units, including 56 studios, 84 one-bedroom, and 56 two-bedroom apartments, meticulously designed for comfort, elegance, and smart living. With prices starting from Dh629,000, studios span an area from 375 square feet onwards while sizes of one- and two-bedroom units span up to 979 square feet and 1,746 square feet, respectively. Emirates Properties Group is offering an attractive and flexible payment plan: 10 percent down payment, 30 percent during construction, 10 percent upon handover, and 50 percent in three years post-handover, allowing seamless purchases. The surge of wealthy home-buyers in Dubai is central to the growth of branded homes. The market's appeal lies in Dubai's multi-cultural lifestyle, safety, accessibility, economic resilience, and favourable position on the world map. Dubai now ranks among the top 20 wealthiest cities, hosting 81,200 millionaires, including 237 centi-millionaires and 20 billionaires. The number of wealthy people with a net worth exceeding US$100 million in Dubai is expected to grow two-fold by 2034, according to the 'World's Wealthiest Cities Report 2024' published by Henley & Partners in collaboration with New World Wealth. Properties like Azha Millennium Residences will help maintain the supply level in the long run as the market foresees rising demand due to the influx of High-Net-Worth-Individuals (HNWIs) by the next decade. Mohammed R. Hegazi, Managing Director of Emirates Properties Group, said, 'Azha's launch takes place at a time when Dubai is receiving a large number of super-wealthy settlers. Each residence is masterfully crafted to embody luxury living at its core. Millennium Hotels and Resorts adds pivotal value to homes, promising an unmatched experience with its signature hospitality services. 'This will widen the choice of ultra-luxury properties and help global ultra-high networth individuals to live in Dubai.' Azha Millennium Residences features a suite of world-class amenities that resonate with the opulent lifestyle of its residents. Ground level facilities include a swimming pool, BBQ area, lush garden, play areas, and a café lounge. On the rooftop, residents can access a health club, a pool offering scenic views of JVT, a lounge, indoor cinema, and entertainment room. Moreover, residents can experience hotel-style living with Millennium's premium hospitality services like concierge, round-the-clock security, in-room dining, housekeeping, valet parking, and additional wellness facilities. More than 300 designated parking slots across four podiums are available. Strategically located in Jumeirah Village Triangle, Azha Millennium Residences is in close proximity to some of Dubai's iconic landmarks, including Miracle Garden, Mall of the Emirates, Dubai Autodrome, Palm Jumeirah, and Bluewaters Island. Emirates Properties Group is a sustained player in UAE's residential real estate contributing a number of attractive projects to the country's diverse landscape. It is a key developer in Ajman where its portfolio includes a mix of low-rise residences, tall towers, and vibrant villa communities. It has expanded its footprint in Dubai and Abu Dhabi, with Azha Millennium Residences being its third launch in Dubai. About Emirates Properties Group: Emirates Properties Group is a leading real estate developer committed to delivering high-quality, design-led projects that enrich urban life and foster lasting value for investors, residents, and communities across the UAE.
Zawya
22-04-2025
- Business
- Zawya
Ajman University Board of Trustees Executive Committee convenes to review university's achievements
His Highness Sheikh Rashid bin Humaid Al Nuaimi, Vice-Chairman of the Board and Chair of the Committee chaired the Executive Committee of the Board of Trustees at Ajman University, with the esteemed presence of H.E. Abdullah Al Mazrouei, H.E. Dr. Saeed Saif Al Matrooshi, Secretary General of Ajman Executive Council, and Dr. Karim Seghir, Chancellor of Ajman University. The meeting served as a platform to review the University's recent milestones, which continue to cement its position as a leading academic institution both regionally and globally. At the outset of the meeting, His Highness Sheikh Rashid bin Humaid Al Nuaimi praised the significant University's strides of the University in academic and institutional development, stating: "Ajman University is progressing confidently towards excellence, grounded in the quality of its academic programs, the strength of its institutional framework, and the breadth of its regional and global partnerships. What we are witnessing today is the result of a clear vision, a unified institutional effort, and a steadfast belief in the power of education to shape the future of individuals and societies." During the session, Dr. Karim Seghir presented an overview of the University's key accomplishments, most notably the international academic accreditation awarded to the College of Dentistry by the Australian Dental Council (ADCI) for seven years. The accreditation covers undergraduate programs in dental surgery as well as master's programs in endodontics and pediatric dentistry, making Ajman University the first higher education institution in the UAE to secure such distinguished recognition for postgraduate programs in this field. The meeting also highlighted the University's exceptional progress in global rankings. Ajman University was ranked among the top 51–100 institutions worldwide in Data Science and Artificial Intelligence, according to the QS World University Rankings by Subject 2025, securing the first position nationally in this discipline. The University also earned top national ranks in several other specializations: Pharmacy and Pharmacology: top 151–200 globally, 1st in the UAE Computer Science and Information Systems: top 201–250 globally, 2nd in the UAE Mathematics: top 201–250 globally, 2nd in the UAE Accounting and Finance: top 251–300 globally In line with its ongoing commitment to research excellence, Dr. Seghir will represent the University as a member of the Global Advisory Committee at the QS Higher Education Summit: Middle East 2025, held in Kuwait from April 20 to 22. Additionally, he announced that Dr. Sai Poodo has received the Clarivate award as the most cited researcher in Pharmacology and Toxicology. Dr. Rao Naveed, faculty member at the College of Engineering and IT, has secured AED 1.5 million in funding to establish a state-of-the-art computing lab. To ensure that its programs remain aligned with market demands, the University has introduced a number of cutting-edge academic offerings, including a BSc in Artificial Intelligence, a BSc in Cybersecurity, a Master's in Digital Sociology, a Master's in Clinical Psychology, and a Postgraduate Diploma in International Commercial Arbitration. Dr. Seghir also commended the recent licensing of "EcoSphere"—a pioneering startup specializing in developing video games tailored for people of determination. Founded by Emirati innovator Mohammed Al Marzouqi, himself a determined individual, the initiative was supported by Ajman University's Innovation Center and stands as a remarkable success story of resilience and creativity. The meeting concluded with a review of the record growth in student enrollment for the Fall semester and a notable increase in international student applications, an affirmation of the community's growing confidence in the University and its academic excellence, and a testament to its mission of preparing career-ready graduates equipped to thrive in an evolving global landscape. About Ajman University Founded in 1988 as the first private university in the UAE, Ajman University (AU) has a proud legacy of academic excellence, innovation, and community impact. Today, AU stands as a globally recognized institution, ranked #477 worldwide and #5 in the UAE by the 2025 QS World University Rankings, and is the first private, non-profit university in the Arab region to earn full accreditation from the WASC Senior College and University Commission (WSCUC). With nine specialized colleges offering a broad range of disciplines, AU ensures its students receive a well-rounded education that equips them for success in a competitive global workforce. This diverse academic foundation has contributed to the success of AU's over 40,000 alumni, many of whom hold leadership positions across industries worldwide. Reflecting the university's commitment to career readiness, AU is ranked #1 in the UAE for Employer Reputation. As a non-profit institution, AU reinvests in its mission to make education accessible to all while driving academic excellence, research, and societal impact through diverse undergraduate and graduate programs.
Al Etihad
21-04-2025
- Business
- Al Etihad
TRENDS Research & Advisory participates in Rabat International Book Fair 2025
ABU DHABI (ALETIHAD) TRENDS Research & Advisory participated in the Rabat International Book Fair for the first time, running until April 27, at the OLM Souissi in Rabat. TRENDS pavilion (number B45) at the Fair showcases hundreds of research publications covering technology, economics, politics, innovation, energy, and political Islam. It also features the center's tailored training and consulting services. This participation reflects TRENDS' commitment to direct engagement with the fair's audience and those interested in research and consultancy, and to enhancing the center's presence at regional and international cultural and scientific forums. TRENDS' participation this year features an innovative experience through the presence of its virtual Morocco Office at the Fair, offering a variety of interactive and events that attract visitors to interact with the TRENDS team. TRENDS' pavilion attracted considerable interest from visitors at the book fair and was visited by the Chairman of the Municipality and Planning Department in Ajman, Sheikh Rashid bin Humaid Al Nuaimi. During his visit, he was briefed on TRENDS' participation at the fair and its diverse collection of research publications covering a wide range of fields. He also learned about TRENDS' virtual office in Morocco and its role as an intellectual bridge connecting with Moroccan think tanks and institutions across the surrounding region. Sheikh Rashid bin Humaid Al Nuaimi expressed his admiration and appreciation for TRENDS' efforts and its global presence. CEO of TRENDS Research & Advisory, Dr. Mohammed Abdullah Al-Ali, praised the Rabat International Book Fair as a vital platform and a valuable opportunity to connect with leading intellectuals, academics, and researchers from across the region. He explained that TRENDS' determination to attend underscores its global vision and its drive to open new prospects for collaboration and partnership. Director of Distribution and Exhibitions Department, Rawda Al Marzouqi, said that TRENDS' pavilion at the Fair this year is designed to offer visitors a unique interactive experience by integrating on site physical presence with virtual engagement. She expressed her enthusiasm for interacting with visitors and acquainting them with TRENDS' latest studies and events.
