Latest news with #luxuryvillas
Zawya
19 hours ago
- Business
- Zawya
Egypt: TMG Holding targets $2bln in sales from Sharm Bay project
Arab Finance: Talaat Moustafa Group Holding rolled out plans for its Sharm Bay project in Sharm El Sheikh, which is expected to generate total sales of EGP 120 billion over its lifespan, as per a statement. The development scheme will feature around 3,000 residential units, including a mix of luxury villas and elegantly designed boathouses. The company targets an average net profit margin of 20% and a projected recurring income of EGP 30.2 billion after completing and operating the venture. The tourism resort will include a wide range of premium amenities, such as a world-class marina, high-end retail and entertainment venues, a wellness center, and sports facilities. Moreover, the Sharm Bay project will reinforce the group's position as a leading real estate, hotel, and resort company. © 2020-2023 Arab Finance For Information Technology. All Rights Reserved. Provided by SyndiGate Media Inc. (
The Independent
2 days ago
- The Independent
The European tourist destinations Americans are most interested in
Searches for Greece by US users on a luxury villa rental site increased by 350 percent in 2025 compared to 2024, making it the No. 1 search-growth ranking, according to Oliver's Travels. Croatia follows Greece in search growth, with searches up 83 percent, while France, Portugal, and Italy also saw increases of 40 percent, 25 percent, and 12 percent, respectively. France is the most booked vacation destination for Americans, accounting for 32 percent of bookings, followed by Italy with 28 percent. Normandy is the top trending region in France for American tourists, with searches up 600 percent in 2025 compared to 2024, while Umbria in central Italy also saw a 400 percent increase in searches. Oliver Bell, Co-Founder and Owner of Oliver's Travels, noted the continued enthusiasm for French villas among US travelers and the growing interest in Greece and Croatia due to their stunning coastlines and unique experiences.
Khaleej Times
2 days ago
- Business
- Khaleej Times
Hotspots, key trends underpin Dubai real estate boom
Three standout trends, including a big uptick in branded residences, a shift to the suburbs, and luxury villa demand surge are driving Dubai's property market buoyancy as the emirate's economy sustains a boom with foreign direct investment climbing 15 per cent year-on-year in early 2025. Branded residences, currently commanding a 30 to 40 per cent premium over non-branded luxury units, are booming. New launches like Chelsea Residences by Damac, Trump International Hotel & Tower, and Bugatti Residences by Binghatti fuelled a 23 per cent inventory rise in 2024. Yet demand — led by over 60 per cent overseas investors and second-home buyers — outstrips supply in prime areas, a report by Oia Properties said. Foreign buyers, making up over 45 per cent of real estate transactions this year, and a 30 per cent rise in new foreign-owned real estate firms from 2024 to 2025, signal increasing global appetite for Dubai's success story. Second, a shift to the suburbs reflects buyers seeking value as urban prices peaked in 2024. Suburban areas like Dubailand and Dubai South saw a 35 per cent spike in transaction volume in early 2025, with price appreciation of 10 to 15 per cent and rental yields of 6 to 7 per cent, outpacing the 4 to 5 per cent in urban centers, according to Oia Properties' latest outlook report. Third, luxury villa demand, sparked during Covid, continues strong, with prices up 20 to 25 per cent from 2022 to early 2025. Villas now comprise 28 per cent of residential sales, up from 18 per cent in 2022, though a 12 to 15 per cent supply increase over the next year may temper prices by five to 10 per cent into 2026. The report unveils the hottest spots and key trends shaping Dubai's property landscape for the second half of 2025, promising golden opportunities for savvy investors. It pinpoints key investment hotspots for H2 2025. Jumeirah Village Circle (JVC) offers apartments at an average Dh880,000, targeting young professionals and small families. Despite an 8.3 per cent price dip year-on-year, strong rental yields and transaction volumes signal resilience and recovery potential, earning a 6/10 growth projection. Business Bay, with apartments averaging Dh1.9 million, appeals to urban professionals near Downtown Dubai, posting a 5.9 per cent price rise and a 7/10 growth score. Dubai South, at Dh954 per square foot for apartments, draws investors and professionals tied to Expo City and Al Maktoum Airport, boasting a top 10/10 growth outlook amid major infrastructure projects. Dubai Marina, a waterfront gem, sees apartments at Dh2.3 million with a 7.8 per cent price increase, earning an 8/10 projection for affluent residents and investors. Additional hotspots include Dubai Hills Estate, with villas at Dh10 million, targets affluent families, projecting 9.1 per cent annual appreciation and a 9/10 growth score, buoyed by premium facilities and golf course views. Arabian Ranches, offering villas at Dh1.9 million, caters to families, with prices up 13 per cent in Q3 2024 and a 9/10 outlook. Palm Jumeirah, an ultra-luxury haven, lists villas at Dh25 million, with a 7.7 per cent appreciation rate and an 8/10 projection, driven by limited supply and global appeal. Downtown Dubai, with apartments at Dh2.5 million, sees a steady 2.9 per cent rise, earning a 6/10 score for high-income buyers near iconic landmarks. The outlook for Dubai's real estate sector in H2 2025 is upbeat, experts say. The Dubai Land Department reports 2024 transaction values hit Dh200 billion, a 20 per cent year-on-year leap, and 2025 is on track to sustain this momentum. Off-plan sales, up 25 per cent in early 2025, reflect developer confidence, while rental growth of 5 to 7 per cent in key areas signals strong returns. Population growth, projected at 3.0 per cent annually by the Dubai Statistics Center, and infrastructure like Al Maktoum Airport's expansion, set to handle 260 million passengers yearly, bolster demand. Property market pundits highlight GDP growth tracking at 5 to 6 per cent for 2025, fuelling investor confidence alongside Dubai's successful pivot to non-oil sectors, which now account for over 70 per cent of GDP. Tourism, a powerhouse, welcomed 19 million visitors in 2024, a 12 per cent year-on-year surge, boosting the economy. This buoyancy propelled Dubai's main stock index to a 17-year high in May 2025, soaring over 25 per cent since early 2024. 'With a dynamic blend of economic strength, bold diversification, and surging demand for luxury and suburban living, Dubai shines as a trusted safe haven amid global geopolitical uncertainty,' market experts said.
Zawya
16-05-2025
- Business
- Zawya
Design and construction leader DMDC announces partnership with OCTA Properties for three unique mansions
Dubai, UAE: Premium Dubai-based design and construction company DMDC is pleased to announce a new partnership with OCTA Developments—the real estate development arm of OCTA Properties—in a joint venture to elevate industry standards across the region. In an exciting first step, DMDC and OCTA Properties are joining forces to design, develop, and build three ultra-luxurious villas in Emerald Hills, at the heart of Dubai Hills Estate. These one-of-a-kind mansions, each a statement of elegance and sophistication, will range in size from 12,000 sq. ft to 24,000 sq. ft. One of the three plots is a rare double plot, where a sprawling 24,000 sq. ft mansion will take shape. 'We are excited to merge our industry expertise with DMDC's commitment to quality and precision,' said Fawaz Sous, CEO of OCTA Properties. 'As this partnership unfolds, we remain committed to innovation, quality, and a shared vision of creating landmark residences that bring a fresh sense of sophistication.' DMDC, renowned for its superior craftsmanship and impeccable interiors, will lead the design and fit-out of each project. Meanwhile, OCTA Developments will bring its wealth of experience in real estate development and project marketing. This synergy between development expertise and construction excellence ensures every home is executed with unparalleled standards. 'In these projects, our team has carefully combined form, functionality and design, all while maintaining the meticulous attention to detail that DMDC is known for,' expressed Raji Daou, Managing Director at DMDC. "We have created spaces for relaxation and entertainment including spas, saunas, cinema rooms, and plenty of leisure facilities. These tailored properties will undoubtedly stand out in today's market.' The company is also on the verge of completing two flagship projects in Arabian Ranches, further showcasing its growing footprint in Dubai's real estate landscape. Beyond residential endeavours, DMDC has transformed many commercial spaces in the emirate—including the OCTA Properties headquarters in Dubai Hills Business Park. Since its inception in 2021, DMDC has evolved into a team of over 700 highly skilled professionals dedicated to transforming residential, office, and retail spaces into environments that inspire. By merging cutting-edge technology, creativity, craftsmanship, and sustainable building practices, they deliver tailored solutions with uncompromising quality. Meanwhile, OCTA Properties has built a well-established reputation for successfully overseeing numerous branded projects with global brands such as Marriott, Elie Saab, Missoni and most Mouawad as their global Franchisee for real estate projects. Building on this success, the company is now venturing into real estate development with the launch of its first residential development, OCTA Isle Interiors by Missoni. About DMDC Founded in 2021, DMDC is a premier Dubai-based design and construction company committed to transforming residential, office, and retail spaces into environments that inspire. With a vision rooted in craftsmanship, innovation, and sustainable building practices, DMDC delivers tailored solutions that embody quality and sophistication. At DMDC, every project is a statement of excellence. Whether designing luxurious residences, dynamic office spaces, or immersive retail environments, the company's approach is defined by meticulous attention to detail and a deep understanding of clients' aspirations. With a team of over 700 highly skilled professionals, DMDC seamlessly manages, develops, and delivers high-end residential and commercial projects. The company has successfully designed and executed more than 350 architectural projects, showcasing a relentless dedication to craftsmanship. Its portfolio includes over 400 interior design projects, each exemplifying elegance, precision, and innovation.
The National
11-05-2025
- Business
- The National
When Trump visited UAE to launch the 'Beverly Hills of Dubai'
When Donald Trump visited Dubai in 2014, the focus was on his partnership to build a golf course and an estate of luxury villas. Any hint the property tycoon was planning what was then considered an audacious bid for the White House was not part of the script. The then-67 year old was best known as a flamboyant billionaire whose fame was assisted by his role as host of hit TV series The Apprentice, but he was also showing an interest in politics. Mr Trump arrived in Dubai in May 2014, flying in with his daughter Ivanka on 'Trump Force One', his luxury Boeing 757 private jet in which the interior fittings are plated in 24-carat gold. The billionaire had been on the verge of signing a deal in the city in 2005, but plans to build a hotel and residential complex on the Palm Jumeirah with Nakheel were dropped with the global financial crisis that began in 2008. This time, the art of the deal was with Damac Properties, with a collection of 100 luxury villas bearing the name Trump Estates in the Damac Hills development on the outskirts of Dubai. The homes were described at the time as presenting 'the opportunity to live the Trump lifestyle' with interiors designed by Ivanka Trump, whose face featured prominently on billboards across the city along with the tagline billing the development as 'the Beverly Hills of Dubai'. To launch the project, which featured a Trump International Golf Course, the media was summoned to the site just off the E77 motorway, where a temporary tee box had been set up. Watched by Hussain Sajwani, founder and chairman of Damac Properties, Mr Trump struck a golf ball deep into the desert. He was so pleased with the shot that orders were given for an aide to retrieve the ball so it could be framed and hung in the new clubhouse. He then described Dubai as "actually a solid investment now" and added that "a lot of people want to be here because of that". "There's so many places you could go but Dubai is a solid investment, a solid place," he told the BBC. "It's a vibrant place and the people are vibrant and smart. I would say it's a safe haven. People love to invest in Dubai because they like Dubai." The conversation then switched to US politics and his poor opinion of the president, Barack Obama, whose approval ratings were plummeting. 'We have a lack of leadership at the top and the president has not done a good job and a lot of people are agreeing, even his own people are agreeing that it has not worked out well for President Obama,' he said. He then went a step further, in comments that now look remarkably prophetic given we now find ourselves in 2025 with President Trump working his way through his second term in the Oval Office. "The good news is that we have tremendous potential and, with the right leader, the country can turn round so quickly it will be unbelievable," he added. "I think eventually we'll get the right person. You don't want it to go too far down but eventually we'll get the right person and when we do it'll all straighten out." It now looks like the person he had in mind to "straighten out" his homeland was himself. Barely a year later, he announced his bid for the presidency at Trump Tower in New York, winning the election in November 2016. President Trump will return to the UAE this week as a part of a diplomatic sweep through the region, with trips also to Saudi Arabia and Qatar. He is planning to arrive in the Emirates on Thursday and Friday and is expected to present a friendly face to the region in contrast to some of the tough rhetoric directed at the EU, Ukraine and other countries. The trip will 'obviously be dollar deal-focused', a State Department official told The National. 'We have Saudi, UAE and potentially Qatar announcements as well.'
