Latest news with #luxuryLiving
Zawya
2 hours ago
- Business
- Zawya
Kamdar Developments breaks ground on 105 Residences in JVC
Dubai, United Arab Emirates – Kamdar Developments has broken ground on its flagship 105 Residences project in Dubai's Jumeirah Village Circle (JVC). The residential development will feature 105-units and is designed to provide buyers with luxury standards at an attainable price point. Residents will also benefit from a prime location in JVC, one of the most sought-after Dubai communities. The ceremonial groundbreaking was attended by Kamdar Developments founder and Chairman, Yousuf Kamdar, Directors Tazmeen Kamdar and Mahomed Kamdar, Luxedesign (LDV) CEO Santosh Shrestha, and Savills Middle East's Marc Tennant. Speaking at the occasion, Chairman Yousuf Kamdar said, 'We are delighted to break ground on our flagship 105 Residences project. This is an exciting moment for the business as we continue to invest and build in Dubai, one of the world's most exciting and innovative cities. 105 Residences will provide lasting quality and value for investors and homeowners, and we look forward to welcoming our first residents in early 2027.' Marc Tennant, Savills Middle East - Head of Exclusive Projects said, 'With great design and amenities, 105 Residences will set a new standard for residential living in JVC. Luxedesign (LDV) is also a contractor most commonly associated with very high-end villas, so investors and end-users can have confidence in a premium build quality across the project.' The groundbreaking follows the recent appointment of main contractor Luxedesign (LDV), who will oversee construction. The 105 Residences project benefits from Kamdar's four decades of real estate development experience across three continents, while Luxedesign (LDV) has constructed more than 100 luxury residential projects across the region. Designed by award-winning architects, 105 Residences includes premium studio, 1-bed and 2-bed apartments, plus a range of world-class amenities across podium and rooftop levels. Across the podium level, 105 Residences features an infinity pool, lounge deck, sports court and children's play area, while there is also a spacious indoor gym and fitness studio. On the rooftop overlooking the stunning Dubai skyline, is an open-air cinema, yoga area, and social zone with barbecue station. Residences are from AED 640,000 with 60/40 two-year post-handover payment plans available. Completion is expected in early 2027. For more information about Kamdar Developments and to discover 105 Residences, please visit or visit the new Kamdar Developments sales centre in Al Quoz, Dubai. About Kamdar Property Development Kamdar Property Development is a Dubai-headquartered, family-run real estate developer and investment company, committed to delivering quality properties that enhance the urban fabric of the United Arab Emirates. With a heritage and track record dating back nearly four decades, Kamdar pursues excellence in every project, reliably delivering high-quality developments on time. Kamdar – Quality you can trust For media enquiries, contact: Jonathan Ivan-Duke Partner, duke+mir jon@
Zawya
a day ago
- Business
- Zawya
ZG Developments partners with Estadat to offer City Club memberships for FLW Residence clients
As part of its strategic vision to offer an integrated and luxurious living experience across its projects, ZG Developments, led by Chairman Mr. Mohamed El-Sebaey, has signed a strategic partnership agreement with Estadat Sports Investment Company, headed by Eng. Seif El-Waziry, to enhance the quality and integration of services at FLW Residence project in West Cairo. The agreement was signed by Eng. Hany Abbas, Board Member of ZG Developments, and Eng. Ahmed Attia, Vice Chairman and Managing Director of Estadat Sports Investment, in the presence of Mr. Yasser El-Ramly, Chairman, Eng. Mahmoud El-Sebaey, Managing Director of ZG Developments, Eng. Alaa Zakzouk, Board Member of ZG Developments, and Mr. Amr El-Shereify, Assistant Chairman for Commercial Affairs at Estadat Sports Services, along with a number of executives from both companies. For his part, Mr. Mohamed El-Sebaey, Chairman of ZG Developments, stated that this agreement reflects the company's commitment to providing the best services to its clients and delivering true added value to its projects. He noted that ZG Developments focuses on offering comprehensive services with the highest quality standards across all its developments. Accordingly, through this partnership, clients of the project will gain membership to the nearby City Club branch. El-Sebaey added that Estadat Sports Investment was chosen for its strong track record and extensive expertise in sports investment and the management of clubs and sports facilities, as well as its ownership of the distinguished City Club chain, which ensures the delivery of high-quality sports, social, and entertainment services. He stated, 'This agreement will significantly boost the investment value of the FLW Residence project by providing clients with integrated sports and social club memberships. It caters to the needs of the entire family, fostering a healthy and vibrant community — especially with the City Club branch located adjacent to the project, adding even more value to residents' everyday lives.' El-Sebaey pointed out that FLW Residence is the latest and most prominent development by ZG Developments, strategically located in West Cairo on Al Wahat Road. The project stands out with its vast space and modern design that combines luxury with functionality. He further disclosed that this development is a culmination of the company's extensive experience of over 37 years in construction and development within the Egyptian real estate market. The company's chairman explained that ZG Developments has a strong track record in delivering a wide range of residential and commercial projects in strategic locations such as New Cairo (Fifth Settlement), Nasr City, 6th of October City, Sheikh Zayed City, and the governorates of Dakahlia and Alexandria. Among its most recent projects is a series of upscale residential communities under the name Zayed Green (1, 2, 3, and 4) as well as Teba West, located in the heart of New Zayed City. Eng. Hany Abbas, Board Member of ZG Developments, said that the City Club facility, from which FLW Residence clients will benefit, spans a large area and will feature a comprehensive range of sports, social, and recreational activities tailored to suit all tastes and interests. The club will also host specialized sports academies led by Olympic and world champions, aimed at nurturing talent and discovering future champions. In terms of social and entertainment facilities, the club will include a conference hall, children's area, mosque, retail outlets, a fully equipped gym, an e-sports center, administrative building, women's center, cultural center, restaurant area, and a theater. All these elements are designed to create a fully integrated environment where families can make lasting memories and fulfill their aspirations, he added. He added that the implementation of the FLW Residence project is progressing steadily according to the planned timeline, and the project has achieved excellent marketing results, reflecting clients' trust in the quality and uniqueness of ZG Developments' offerings. It also affirms the company's deep understanding of its clients' needs and its commitment to delivering a fully integrated and distinctive real estate product. For his part, Eng. Ahmed Attia, Vice Chairman and Managing Director of Estadat Sports Services, stated, 'We are proud to partner strategically with ZG Developments to bring added value to FLW Residence clients. The nearby City Club branch, with its extensive facilities and generous space, will further strengthen our brand's presence and impact.' He explained that Estadat Sports Investment is an Egyptian company specialized in sports investment, as well as the organization and management of clubs and sports events. The company was initially established to manage sports facilities and has since expanded its operations to cover all sectors of sports management and investment in Egypt, while also offering consultancy and support services to Arab and African countries. Attia added that Estadat, through its subsidiaries or directly, offers sports investment services, relying on a team of expert sports marketers and world-class Egyptian champions across various sports disciplines. The company also employs specialists in club and sports facility management to deliver sports, social, and community services at international standards. Further, Mr. Yasser El-Ramly, Chairman of City Club, emphasized that opening a branch in West Cairo presents a valuable opportunity to drive community development in the area. El-Ramly highlighted the club's commitment to offering world-class facilities that foster future champions, as it has successfully done in cities and governorates across Egypt, adding that City Club's growth and development will steadily continue. Mr. Amr El-Sherifey, Assistant Chairman for the Commercial Sector at Estadat Sports Services, indicated that Estadat is one of the leading companies in the field of sports investment and club management. He highlighted the strength of the company's brand, reflected in the sports clubs it manages and the high quality of services they offer, confirmed that the company continuously evolves its operational models to meet the expectations of both investors and club members. Nady Samir, Head of the Sales Sector at Estadat Sports Services Company, said that City Club represents the largest chain of sports clubs in Egypt, with a presence planned in 16 cities. The club is dedicated to nurturing a new generation of champions across various sports, through continuous and strong collaboration with real estate developers to offer a well-rounded lifestyle for Egyptian families. He confirmed that the company is committed to expanding its sports and social services to more cities and regions across Egypt, with new City Club branches set to be announced soon as part of its mission to deliver inclusive, high-quality athletic and community offerings for all segments of society.
Arabian Business
3 days ago
- Business
- Arabian Business
Acube Developments breaks ground on Vega in Dubai Sports City
Acube Developments announced holding the breaking ground event for Vega, its third residential project in Dubai. With 95 percent of units already sold, Vega has drawn strong demand from homebuyers and investors alike, the company said. The project is scheduled for handover in Q2 2027. Inspired by Vega – the brightest star in the Northern constellation of Lyra – the new 23-floor tower will feature 129 luxurious studios, one-, two-, and three-bedroom residences, each thoughtfully designed to blend comfort, style, and functionality, the company said. 'Breaking ground on Vega marks the realisation of a vision inspired by Dubai's relentless pursuit of innovation and excellence,' said Ramjee Iyer, Chairman & Managing Director of Acube Developments. With construction progressing rapidly and sales momentum at an all-time high, Vega is on track to becoming a defining architectural icon in Dubai Sports City, he said. Acube Developments said it is set to launch 10 new projects over the next two years, including landmark developments along Sheikh Zayed Road. As it continues to expand its portfolio, the company said it has also achieved full backward integration through its subsidiary Acube Industries, which manufactures interiors including woodwork, joinery, interior design, and fit-out.
Arabian Business
26-05-2025
- Business
- Arabian Business
Aldar sells out all 133 units of Waldorf Astoria residence in a day
Aldar said all 133 homes at Waldorf Astoria Residences Yas, the first ever branded residential development on Yas Island, were sold out on the day of launch, generating AED850 million (US$231.45 million) in sales. With its world-class amenities and prime location on Yas Island, coupled with the legendary Waldorf Astoria service, the development attracted a broad range of buyers. The project brings Hilton's iconic Waldorf Astoria brand to Abu Dhabi for the first time. International investors and expatriate residents accounted for 76 per cent of the total sales, with UAE nationals picked up the remaining 24 per cent. Global demand was led by buyers from the UK and China. Interestingly, 66 per cent of buyers were under the age of 45, highlighting strong demand for luxury hospitality-driven living among younger demographics, while 68 per cent of sales were to first-time Aldar buyers, reflecting the expanding reach and appeal of its residential offerings. Jonathan Emery, Chief Executive Officer at Aldar Development, commented: 'The sell-out of Waldorf Astoria Residences Yas marks a significant milestone for Aldar and highlights the attractiveness of Yas Island both as an investment destination and prime residential address. 'As the island's first branded residential offering, its overwhelming success is a strong indicator of the rising demand for luxury, hospitality-led living in Abu Dhabi and the universal appeal of the Waldorf Astoria brand.' Waldorf Astoria Residences Yas comprises a collection of elegantly furnished homes, including one-to-three-bedroom apartments, duplexes, and luxurious four-bedroom penthouses. It is strategically located along the iconic Yas Links Golf Course, with sweeping views of both the golf course, home to DP World Tour's Abu Dhabi HSBC Championship, and Yas Marina Circuit, home to the Formula 1 Etihad Airways Abu Dhabi Grand Prix.
Zawya
26-05-2025
- Business
- Zawya
Amirah Developments unveils Bonds Avenue on Dubai Islands as UAE's real estate asset value exceeds AED 2.5trln
Date: Dubai, UAE: Amirah Developments, a Dubai-based real estate developer, today unveils its maiden project, Bonds Avenue, a high-quality residential development poised to redefine luxury living on the newly master-planned Dubai Islands. The announcement comes as the UAE's real estate asset value exceeds Dh2.5 trillion in recent time. Bonds Avenue is a testament to architectural excellence and sustainable living. The development features a curated selection of one-, two-, and three-bedroom apartments, grand four-bedroom penthouses, and expansive three-bedroom townhouses and triplexes within the same complex. Each residence is meticulously designed with organic, flowing forms that break free from conventional design norms, offering residents an extraordinary living experience that prioritises exclusivity and sophistication. With unit sizes ranging from 810 to 4,416 square feet, and starting prices from Dh1.63 million to Dh9.95 million, each home is crafted to deliver spacious layouts, elegant finishes, and an elevated lifestyle experience. Whether it's the comfort of a one-bedroom residence or the grandeur of a waterfront penthouse, Bonds Avenue caters to discerning buyers seeking architectural sophistication, panoramic views, and premium quality in the heart of Dubai Islands. Its location on Dubai Islands offers the best waterfront living with unlimited view of the Arabian Gulf that is just a ten-minute drive from Dubai International Airport and a few minutes away from some of the best tourism attractions of Dubai – Dubai Creek, the Gold Souq and Dubai Islands itself when the development is complete with a large shopping mall, a marina, beachfront promenade, and the Night Souq, etc. Strategically located on Dubai Islands, Bonds Avenue offers unparalleled accessibility as well as the best waterfront living with unlimited view of the Arabian Gulf, being just minutes away from key landmarks such as the Gold Souq Metro Station, ten minutes away from Dubai International Airport, Downtown Dubai, and Business Bay. The development is well-connected via major highways and public transport options, ensuring residents have easy access to top attractions, schools, hospitals, shopping centres, and entertainment hubs. Residents will enjoy panoramic views of over 21 kilometres of pristine beaches and crystal-clear waters, perfect for yachting and water sports. The community is enriched with world-class hospitality in luxurious resorts and embraces a sustainable lifestyle with eco-friendly infrastructure and green spaces. Amirah Developments offers a flexible 60/40 payment plan to accommodate investors and homeowners: 20 percent on booking, 40 per cent during construction in scheduled instalments, and 40 per cent on completion in January 2027. This plan aligns with the growing demand for premium properties in Dubai, where off-plan sales have surged by 41 per cent in the first half of 2024, reflecting robust investor confidence. Bonds Avenue is more than a development — it's a vision brought to life. At Amirah, we set out to create not just homes, but legacies. This project reflects our commitment to building with integrity, elegance, and future-forward thinking. Dubai Islands offers the ideal canvas for a community that is both immersive and iconic. We're not just building structures — we're crafting extraordinary experiences,' Mr. Muhammad Yousuf Jafrani, Founder and Chairman of Amirah Developments, says. 'Every home in Bonds Avenue has carefully been crafted to offer maximum living space. It is a luxury property that offers modern and contemporary design that is offered at an affordable price to the buyers and investors,' he further adds. Dubai's real estate sector continues to display remarkable resilience and growth. According to the Dubai Land Department, property transactions in 2024 reached a historic high, surpassing Dh893 billion across 331,300 deals. Residential units remain in strong demand, with waterfront and luxury segments witnessing accelerated growth due to the city's reputation as a global investment hub and lifestyle destination. The luxury real estate market in Dubai has experienced a year-on-year increase of over 40 per cent, driven by high-net-worth individuals, international investors, and end-users seeking long-term value. With limited coastal inventory and increasing global appeal, projects like Bonds Avenue are positioned to become prime assets in both local and international portfolios. Amirah Developments is a Dubai-based real estate development company founded by Mr. Muhammad Yousuf Jafrani, a seasoned entrepreneur with over 15 years of experience in the UAE market. Built on the pillars of quality, innovation, and excellence, Amirah is committed to reshaping urban living through sustainable, luxurious, and thoughtfully curated communities. For more information about Bonds Avenue and Amirah Developments, please visit About Amirah Developments Amirah Developments is a Dubai-based real estate company committed to redefining urban living through architectural sophistication, sustainability, and thoughtful design. Founded by Mr. Muhammad Yousuf Jafrani, a seasoned real estate entrepreneur with over 15 years of experience in the UAE, the company is anchored in a vision of creating communities that inspire and endure. Driven by innovation and design excellence, Amirah Developments builds more than residences — it crafts livable works of art. Each project is a reflection of refined luxury, environmental responsibility, and long-term value. With a team comprising top architects, designers, and planners, the company ensures global best practices are adapted for the local landscape. Sustainability is central to Amirah's ethos, with developments emphasizing energy efficiency, walkability, and well-being. By focusing on elegance, functionality, and community integration, the company is shaping the next chapter of Dubai's real estate evolution. With the launch of its debut project, Bonds Avenue on Dubai Islands, Amirah introduces a new benchmark in waterfront living — blending lifestyle innovation with a striking architectural vision. This marks the beginning of Amirah Development's journey to become a lasting force in the UAE's premium property sector. About Bonds Avenue Bonds Avenue is the inaugural development by Amirah Developments, setting a bold standard for upscale living on the iconic Dubai Islands. Designed as a sculptural expression of form and function, Bonds Avenue offers a selection of one- to three-bedroom apartments, three-bedroom townhouses and triplexes, and exclusive four-bedroom penthouses. The architecture reflects a cornerless, flowing design philosophy- maximizing space, natural light, and unobstructed sea views. Each residence is thoughtfully planned to deliver both aesthetic appeal and modern comfort, enhanced by smart layouts and premium finishes. Amenities at Bonds Avenue include infinity pools, wellness zones, yoga decks, landscaped gardens, padel courts, and dedicated children's areas, all curated to foster holistic, family-oriented lifestyles. The community is seamlessly connected to the rest of Dubai, with quick access to Downtown Dubai, Dubai International Airport, and the Gold Souq Metro Station. Situated in a master-planned coastal environment with over 21 kilometres of beaches and vibrant urban offerings, Bonds Avenue is a destination of both serenity and connectivity. With a 60/40 payment plan and handover in Q1 2027, it caters to investors and homeowners seeking lasting value, architectural brilliance, and beachfront elegance in one of Dubai's most promising locales. Media Contacts: Muhammad Yusuf Pan Asian Media 541A, Office Tower, Al Ghurair Centre, Al Riqqa, Deira, Dubai, UAE
