Latest news with #villas
Khaleej Times
2 days ago
- Business
- Khaleej Times
Dubai homeowners renovate villas, townhouses as prices double in 3 years
Sellers in Dubai are renovating their older villas and townhouses to take advantage of strong demand as the average price has nearly doubled in the past three years. 'Since May 2022, the average villa and townhouse prices have skyrocketed by a remarkable 92 per cent, climbing from Dh3.475 million to Dh6.682 million in just three years. Even within the last year alone, these properties have seen a significant 35 per cent increase in sales price across villa and townhouse communities. This is a clear indicator of sustained demand, limited supply, and growing investor confidence in villa and townhouse communities in Dubai,' said real estate agency Allsopp and Allsopp, quoting Dubai Land Department (DLD) data. 'The Dubai real estate market is not just growing; it's redefining investment benchmarks, especially for villas and townhouses. Imagine nearly doubling your investment in just three years; that's the reality for villa and townhouse owners in Dubai. "The under-supply of quality homes, particularly ready and upgraded villas, continues to fuel this growth. Buyers want space, established communities, and turnkey homes they can move into immediately which is exactly what communities like Arabian Ranches, Jumeirah Golf Estates and Victory Heights have,' said Lewis Allsopp, chairman of Allsopp & Allsopp. Upgrading older villas, townhouses Dubai's property market has seen massive demand, especially for bigger units such as villas and townhouses soon after the outbreak of the pandemic. The restrictions on the people's movement by the authorities to contain the pandemic prompted residents to look for bigger units, pushing demand and prices of villas substantially higher. Dubai Land Department (DLD) reported Dh54 billion in property sales transactions in May, an impressive 11 per cent increase from the previous month. According to Asteco's latest data, 6,375 villas were handed over in 2024 and 2,750 in the first quarter of 2025. It is expected that 14,600 villas will be handed over by the end of 2025. The real estate agency noted that sellers are increasingly recognising the potential in renovating older properties, as these modern homes within their community now command significant prices. 'We're now seeing more sellers upgrade and list their homes as the demand for bigger, newly renovated properties grows. Many of Dubai's older homes offer unmatched space, with buyers opting for modernised and renovated homes rather than taking on the time and effort of upgrading themselves,' said Lewis Allsopp.
Condé Nast Traveler
6 days ago
- General
- Condé Nast Traveler
The Loveliest Villas in Málaga, Spain
Málaga has no shortage of wonderful hotels, but to beat the crowds that gather at the buzziest addresses, a private villa will always be best. We've found several wonderful options scattered across the Andalusian hillsides, from a smart inner-city hideaway to a sprawling mansion with two in-house saunas and several rural retreats well worth the drive into the deep countryside. Below, six of the best villas in Málaga, Spain, to book in 2025. We've vetted these listings based on Superhost or Guest Favorite status, ratings, amenities, location, previous guest reviews, and decor.
News.com.au
25-05-2025
- Business
- News.com.au
The world's first ‘vertical ski village' in Saudi Arabia
At its heart is 30km of artificial ski slopes winding above towering hotels, villas and shopping malls. And its artificial snow machines will be fed by an artificial lake containing 57 billion litres of water.
Travel Daily News
22-05-2025
- Business
- Travel Daily News
Rental Escapes adding over 600 new U.S. villas
Rental Escapes adds 600+ U.S. villas to meet rising demand for luxury domestic travel, enhancing options for advisors and upscale clients. MONTREAL – Rental Escapes, a full-service luxury villa company specializing in providing unparalleled private villa experiences worldwide, announced the largest portfolio expansion in its history with the addition of more than 600 handpicked villas across top destinations in the United States. This expansion includes exclusive properties in California, North Carolina, Texas, Florida, South Carolina, Hawaii, and Nevada. This monumental growth supports Rental Escapes' mission to better serve its loyal network of travel advisor partners and respond to the increasing demand for high-end domestic travel experiences. 'We are thrilled to unveil our most significant portfolio expansion to date,' said Brian Schwimmer, chief executive officer of Rental Escapes. 'As more travelers seek luxurious escapes closer to home, we've focused on curating an exceptional collection of U.S. properties that deliver the same level of service, privacy, and unforgettable experiences our brand is known for.' The new villas offer something for every type of traveler – from oceanfront estates and chic city escapes to sprawling countryside retreats – all backed by Rental Escapes' full-service concierge team. A sampling of the new villas added to the Rental Escapes portfolio includes: Mauna Lago– Kamuela, Hawaii – Kamuela, Hawaii – This luxury four bedroom, four-and-a-half-bathroom villa comfortably fitting 10 in the exclusive Pauoa Beach enclave offers panoramic ocean views from the infinity pool and spa. The villa features outdoor showers in each room, a chef's kitchen perfect for hosting a dinner party or a casual meal and serene courtyards with a koi pond. Perfectly positioned between two luxury resorts, the villa blends indoor-outdoor living, all just steps from beaches, golf, and upscale amenities. Hollywood Villa Ev1– Hollywood Hills, California – Perched above Sunset Plaza, this six-bedroom, eight-bathroom home that sleeps 12 offers luxury living in one of LA's most sought-after neighborhoods. Designed for entertaining, the expansive open floor plan includes a state-of-the-art movie theater, while the rooftop deck features two flat-screen TVs, a fire pit, built-in BBQ, ample lounge seating, and an outdoor dining area. 3108 Palm– Isle of Palms, South Carolina – A contemporary oceanfront sanctuary on the Isle of Palms offers 12 guests the ultimate coastal getaway. With six bedrooms and six-and-a-half bathrooms, the villa offers direct beach access through a private boardwalk, an infinity edge pool with ocean views and a shaded outdoor living area complete with a luxe kitchen, two grills, and alfresco dining. Inside, the villa features expansive windows overlooking the beach, a cozy fireplace, and elegant design details including beamed ceilings, custom lighting, and a gourmet chef's kitchen. Paramount Place– Austin, Texas – Located in the heart of Austin, Paramount Place is a modern retreat featuring five bedrooms, eight bathrooms, a home theater, expansive game room with a partial kitchen, rooftop lawn, and two fireplaces. With an open floor plan spanning four floors filled with natural light, this home offers its 10 guests luxury and entertainment at every turn. Just steps from Congress Ave and a short walk to West 6th St., Paramount Place combines the best of vibrant city living with a stunning private oasis. The Luxe Escape– Orlando, Florida – Located in Reunion Resort, this 11-bedroom, 11.5-bathroom villa offers the perfect blend of luxury, entertainment, and comfort. The villa is ideal for large groups as it sleeps 24 and features seven king suites and themed kids rooms designed to delight guests of all ages. Highlights include a private arcade with Skee-Ball, NBA Hoops, racing simulators, and shooter games, a bar lounge with a Full Swing HD Golf Simulator and pool table, a 10-seat private theater, and a state-of-the-art gym. Outdoor spaces include a resort-style pool with in-water loungers, a daybed, and a cabana outfitted with motorized screens, heaters, and three fireplaces for cozy evenings. Whether clients are dreaming of sunset views in Hawaii, a city escape in Texas, or a secluded getaway in the Carolinas, Rental Escapes' expanded U.S. portfolio opens the door to new possibilities. With personalized service and expert support at every step, travel advisors can confidently match their clients with unforgettable villa stays.
Arabian Business
20-05-2025
- Business
- Arabian Business
Al Khawaneej 2 mega housing project enters final phase under Dubai 2033 Plan
Bhatia General Contracting, a leading contractor in the UAE, said it will hand over 1,050 exquisite villas in Al Khawaneej 2 district in May 2025, as part of a major government initiative to provide high-quality, modern housing for Emirati families and support sustainable urban development in Dubai. The project, which is now in its final phase, plays a crucial role in the 'Dubai 2033 Plan', a strategic initiative aimed at reinforcing Dubai's reputation as one of the world's most liveable urban centres. With this milestone, the total value of the projects executed since 2024 has reached AED 2.5 billion. The project is part of the historic AED 65 billion housing budget approved by Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, and Ruler of Dubai. Ajay Bhatia, Chairman of Bhatia General Contracting and Founder of SOL Properties, said the Group continues to strive to create welcoming spaces which can enrich the lives of residents and foster a sense of belonging. 'In this regard, the 1050 Villas Complex stands out as an epitome of thoughtful, sustainable urban living, designed to serve both present and future generations,' he said. Located in Al Khawaneej 2, the master-planned community features an array of essential amenities such as open green spaces, pedestrian and cycling paths, a nursery, community park, and other essential public facilities. It also offers seamless neighbourhood connectivity to reduce the use of vehicles, in line with Dubai's vision to promote sustainable urban living. With a legacy of delivering several key community developments such as the Dubai Government's Ambulance complex, the Dubai Central Laboratory, the high-tech Hatta Border Port Crossing complex linking the UAE and Oman, and the iconic Dubai Waterfront Market, Bhatia Group has consistently demonstrated its ability to execute projects that are vital to the nation's infrastructure and community wellbeing, it said.
