Latest news with #residentialCommunity


Khaleej Times
18-06-2025
- Business
- Khaleej Times
Infracorp unveils Dh600m California Residences in Dubai
Infracorp has announced the sales launch of California Residences, a thoughtfully designed, family-friendly residential community nestled in Wadi Al Safa, Dubai. Offering a blend of modern living and community-focused design, the project officially became available for purchase starting June 11. Strategically located just minutes away from Global Village and directly opposite IMG Worlds of Adventure, California Residences is a master-planned neighbourhood featuring a diverse mix of villas, townhouses, and apartments. This unique offering ensures that different unit types blend and compliment each other in a gated community. The residents of California Residences will have the convenience of staying in an apartment while the luxury and openness of a villa community. The development is built around the principles of green living, offering residents expansive landscaped gardens, a vibrant central park, walking trails, and community spaces that encourage social interaction. With a total project value of Dh600 million, California Residences brings together upscale amenities including a clubhouse with a gym, multiple swimming pools, and dedicated social lounges – making it an ideal setting for families seeking both comfort and community. The project offers units in various configurations: 1-bedroom apartments starting from Dh1 million (approx. 750 sq. ft.) 2-bedroom units from Dh1.6 million (approx. 1,200 sq. ft.) 3-bedroom homes from Dh1.8 million (1,300 & approx. 1800 sq. ft.) With handover expected in Q2 2028, California Residences presents an attractive investment opportunity for both end-users and investors, combining affordability with long-term value in one of Dubai's most promising growth corridors. Majed Abdulla Al Khan, CEO, Infracorp, said: "California Residences reflects our long-term vision of building communities that prioritise quality of life, sustainability, and social connection. Wadi Al Safa is one of Dubai's most promising growth areas, and we're proud to bring a development that offers not just homes, but a holistic lifestyle built around green spaces, wellness, and convenience. This project embodies Infracorp's commitment to creating livable, future ready communities.' Nada Alkoohiji, chief financial officer, Infracorp, added: "With a total project value of Dh600 million, California Residence is a strategic investment that balances accessibility with long-term value. Starting from just Dh1 million, the project offers a rare opportunity to own a home in a well planned community in close proximity to major attractions like Global Village and IMG. We're confident this launch will appeal to both end-users and investors looking for solid returns in a high-demand area."


Zawya
17-06-2025
- Business
- Zawya
Infracorp unveils California Residences, an AED600mln green living community in the heart of Dubai
Dubai, UAE: Infracorp has announced the sales launch of California Residences, a thoughtfully designed, family-friendly residential community nestled in Wadi Al Safa, Dubai. Offering a blend of modern living and community-focused design, the project officially became available for purchase starting June 11, 2025. Strategically located just minutes away from Global Village and directly opposite IMG Worlds of Adventure, California Residences is a master-planned neighbourhood featuring a diverse mix of villas, townhouses, and apartments. This unique offering ensures that different unit types blend and compliment each other in a gated community. The residents of California Residences will have the convenience of staying in an apartment while the luxury and openness of a villa community. The development is built around the principles of green living, offering residents expansive landscaped gardens, a vibrant central park, walking trails, and community spaces that encourage social interaction. With a total project value of AED 600 million, California Residences brings together upscale amenities including a clubhouse with a gym, multiple swimming pools, and dedicated social lounges – making it an ideal setting for families seeking both comfort and community. The project offers units in various configurations: 1-bedroom apartments starting from AED 1 million (approx. 750 sq. ft.) 2-bedroom units from AED 1.6 million (approx. 1,200 sq. ft.) 3-bedroom homes from AED 1.8 million (1,300 & approx. 1800 sq. ft.) With handover expected in Q2 2028, California Residences presents an attractive investment opportunity for both end-users and investors, combining affordability with long-term value in one of Dubai's most promising growth corridors. Majed Abdulla Al Khan, Chief Executive Officer, Infracorp, said: 'California Residences reflects our long-term vision of building communities that prioritise quality of life, sustainability, and social connection. Wadi Al Safa is one of Dubai's most promising growth areas, and we're proud to bring a development that offers not just homes, but a holistic lifestyle built around green spaces, wellness, and convenience. This project embodies Infracorp's commitment to creating livable, future ready communities.' Nada Alkoohiji, Chief Financial Officer, Infracorp, added: 'With a total project value of AED 600 million, California Residence is a strategic investment that balances accessibility with long-term value. Starting from just AED 1 million, the project offers a rare opportunity to own a home in a well planned community in close proximity to major attractions like Global Village and IMG. We're confident this launch will appeal to both end-users and investors looking for solid returns in a high-demand area.' — ENDS — NOTES FOR EDITORS About Infracorp Infracorp is dedicated to excellence in infrastructure and sustainability development. With a capital of USD 1.2 billion, the company manages nearly USD 3 billion in assets, including over 250 million square feet of land in the GCC, North Africa, and South Asia. Infracorp operates across seven countries on four continents – Bahrain, UAE, USA, India, Finland, Morocco, and Tunisia – offering visionary projects and strategic innovation that deliver lasting value. The company focuses on creating meaningful impacts in the communities it serves, emphasising sustainability and social responsibility. In 2024, Infracorp expanded its sustainability strategy to enhance long-term returns for investors while managing ESG risks and capitalising on sustainable investment opportunities. Its portfolio now includes social infrastructure projects that connect communities and integrate ESG criteria. Infracorp provides end-to-end development solutions throughout the project lifecycle, investing in communities, logistics technologies, and social infrastructure assets in education and healthcare. The company is also developing logistics hubs in South Asia to facilitate cross-border trade and support sustainable economic growth. Website -


Zawya
12-06-2025
- Business
- Zawya
Oman's first solar-powered community launched
AL KHABOURAH: In a landmark development, the initial phase of Oman's first eco-friendly residential community was launched here on Wednesday for families affected by Cyclone Shaheen in Al Batinah North Governorate. The launch was held under the auspices of Dr Khalfan bin Said al Shueili, Minister of Housing and Urban Planning, and Dr Laila bint Ahmed al Najjar, Minister of Social Development. Developed by local charity association Dar Al Atta'a, the neighbourhood dubbed as Hay Al Atta'a (Al Atta'a Neighbourhood), is located in San'aa Bani Ghafir, Wilayat of Al Khabourah. The eco-friendly integrated neighbourhood, spanning an area of 1,000 m2, will include 36 solar-powered residential units, a community centre, commercial shops and a mosque. It is the result of collaboration between the association, the Ministry of Housing and Urban Planning, the Office of the Governor of Al Batinah North, and the Municipality of Al Khabourah, with support from the local community. Speaking to the Observer, Founder and Chairperson of Dar Al Atta'a Association, Maryam bint Issa al Zadjaliyah, shared that the initiative was born in the aftermath of Cyclone Shaheen in 2021. Oman's first solar-powered community launched 'The idea for Hay Atta'a emerged in the wake of Cyclone Shaheen. In response, the association launched a fundraising campaign through which we were able to collect RO 1 million. As an organisation, we always strive to develop sustainable projects. Rather than providing short-term aid like food or furnishings, we envisioned a long-lasting solution — to build permanent homes for families severely impacted by the cyclone, especially those who lacked the means to rebuild on their own,' she said. Significantly, the use of green energy is the most significant feature of the neighbourhood, said the Chairperson of Dar Al Atta'a Association. 'Without a doubt, the most significant is the use of green energy. It reduces residents' electricity costs, and if they generate a surplus, they can sell it back to the government. This approach hasn't been implemented in this area before, so it's an exciting innovation.' In addition to solar power, the neighbourhood is also equipped with a sustainable wastewater management system, designed to reduce and recycle water use. When asked why the association opted to build an eco-friendly neighbourhood, instead of conventional housing, she emphasised that the project's goal was to introduce a new model for sustainable, community-centred living. 'As an association, we always strive to remain attuned to current developments. With this project, our goal extended beyond sustainability — we wanted to create a lifestyle, a holistic way of living.' The first phase of the project witnessed the inauguration of 36 eco-friendly residential units, each spanning an area of approximately 272m2. The five-bedroom homes are equipped with 48 solar panels each. According to officials, residents are expected to occupy the units soon. The second phase of the project, which is currently under development, will include a community centre, commercial shops and a mosque. It is expected to be ready within two years. 2022 © All right reserved for Oman Establishment for Press, Publication and Advertising (OEPPA) Provided by SyndiGate Media Inc. (


Arabian Business
14-05-2025
- Business
- Arabian Business
Dubai real estate: Peak Summit Development launches Phase 3 of The Orchard Place in JVC
Peak Summit Development has launched Phase 3 of The Orchard Place, a residential community in Dubai's Jumeirah Village Circle (JVC). The development spans five plots in the centre of JVC and aims to provide residents with luxury, comfort, and convenience. The Orchard Place features green spaces, recreational facilities, and proximity to key amenities, making it suitable for families and individuals. Dubai developer launches residences with private pools in JVC Phase 3 introduces private pools in one- and two-bedroom apartments, which Peak Summit Development describes as a rarity in the city's property market. Penthouses in the development include terraces with private pools and city views, while interiors feature European-inspired designs. The location offers connections to Dubai landmarks, including Palm Jumeirah, Dubai Marina, and Downtown Dubai, while situated within JVC's green environment. Phase 1 has sold out completely, and Phase 2 construction is ahead of schedule. The structural completion of Tower A represents a milestone for the project. 'With Phase 3 of The Orchard Place, we aren't building square metres, but living spaces and communities. This project embodies our commitment to pushing the boundaries of luxury living in Dubai, delivering exceptional value to our residents and contributing to the city's vision of sustainable and sophisticated urban development,' Sergi Voronovych, CEO of Peak Summit Development said. The Orchard Place joins other Peak Summit Development projects, including The Place Collection, which consists of beachfront villas on Palm Jumeirah, and the forthcoming Meydan Horizon Branded Residency.