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Sunday, February 22, 2015

Indigo Properties: 5 key reasons Dubailand is fast becoming the go to place in Dubai and the reason why Indigo unveiled its latest project, Zen by Indigo in the area.








Reasons to live within Dubailand

Dubai, a melting pot of cultures, has attracted world attention for its many innovative construction projects. The city has become symbolic for its skyscrapers and high-rise buildings, in particular the world’s tallest building, the BurjKhalifa. Dubai undoubtedly offers a comfortable high standard of living and plenty of choice of accommodation.

Amongst the different choices available to residents, the Dubailand area is fast gaining popularity. Home to over 10,000 families it is a unique multi-faceted district of sporting, entertainment and retail attractions that perfectly coexist alongside residential communities.
The CEO of Dubai’s leading property developers Indigo Properties, Mr. Dev Maitra reveals 5 key reasons Dubailand is fast becoming the go to place in Dubai and the reason why Indigo unveiled its latest project, Zen by Indigo in the area.

1.    Location:
Dubailand is strategically located in the heart of the new Dubai, only 5 minutes from Sheikh Mohammad bin Zayed Road and 15 from Sheikh Zayed Road.
This ideal location makes Zen by Indigo the perfect choice for residents looking for a quiet residential area, far enough from the rush of the city yet close to all main amenities and easily accessible.

2.    Retail, Sporting and Entertainment Hub:
Dubailand is already home to a number of exciting attractions welcoming visitors from all over the world every year, such as Global Village, world-class sporting events at the Equestrian Polo Club and motor races at Motor City, but also shopping centers such as Dubai Outlet Mall and more to come.Many new other attractions and outlets are scheduled to open in the coming years. Residential communities such as Akoya Drive or Zen by Indigo will offer endless avenues for recreation, shopping and relaxation to the residents of Dubailand.

3.    Security:
All residential communities in Dubailandfrom Zen by Indigo to Arabian Ranches are gatedcommunities offering families peace of mind and exclusivity. Further most communities are fitted with Smart Home Technology and CCTV cameras in common areas, video door phone system and security controlled visitor entry, for even more safety and comfort.

4.    Self Sufficient Communities:
Set away from Dubai’s commercial hub, Sheikh Zayed Road, all residential communities within Dubailand are self-sufficient. Communal swimming pools, community parks, convenience stores, a mosque and schools nearby, plus easy access to the development's golf and equestrian club meaning residents don’t have to travel long distances to meet day to day needs. Most major gyms are also in the area.

5.    Tranquility:
Unlike life in high rises in a busy metropolis, life in the Dubailand communities is tranquil and allows for relaxation and peace of mind.  Home owners enjoy a spacious house with large open spaces and landscaped gardens.
At  Zen by Indigo, a series of streams, waterfalls and lakes surrounding the houses in a tropical setting will offer the residents that feeling of relaxation, much welcome after a hard day at work.

Considering these factors will bring about some clarity, making you more confident with your ultimate purchase decision for a home. Indigo Properties is a Dubai based real estate developer that excels in villas communities. To know more about Indigo Properties’ latest project, please visit www.zenbyindigo.com.


About Indigo Properties
Established in 2004, Indigo Properties is driven by four directors who are passionate about offering the best in design, innovation, excellence and trust. Indigo Properties takes an independent and individual approach to developments, because they understand that each client they are building for is an individual with their own unique needs. This approach is backed by a solid understanding of the creation of beautiful and functional forms, married with years of experience. The company strives for the timely delivery of each project – from personal spaces through to large scale residential and commercial projects by harnessing the energy and intelligence of everyone who works with them.

For further information, please visit: www.indigoproperties.ae


Monday, February 16, 2015

Dubai construction sector contributed 7.89% to Dubai’s GDP in first half of 2014: Dubai Statistics Centre report








Dubai construction sector contributed 7.89% to Dubai’s GDP in first half of 2014: Dubai Statistics Centre report

International Property Show 2015: “Retailer demand is fuelling the construction sector”

Dubai, UAE, 15 February 2015: The construction sector contributed 7.89% to Dubai’s Gross domestic product (GDP) in the first half of 2014, according to the latest report from the Dubai Statistics Centre.

The figures were brought into the spotlight by the organisers of the International Property Show while announcing the biggest edition of the event to be held from 30 March – 1 April 2015 at the Dubai International Convention and Exhibition Centre.

Strategic Marketing & Exhibitions, organisers of International Property Show, said that the event was designed to help promote the sector to international and regional investors, decision makers and trade and retail visitors coming from around the world. The organizers expect end-users, property retailers and small budget investors to conclude attractive deals on the exhibition floor over three days.

“The fact that the construction sector contributed 7.89% to Dubai’s AED 170.7 billion GDP in the first half of 2014 demonstrates the dynamic growth potential of the Emirate’s real-estate industry and related sectors,” said Josine Heijmans, Exhibition Director, Strategic Marketing & Exhibitions. “We believe this is partially linked to the booming retail segment.”

Heijmans added: “It gives high levels of confidence for trade visitors when they know that the exhibition’s main partners include The Real Estate Regulatory Agency (RERA), Dubai Land Department (DLD) and Dubai Real Estate Institute (DREI), as well as other strategic partners such as the Association of International Property Professionals (AIPP) and the Royal Institution of Chartered Surveyors (RICS).”

International Property Show helps to find the right fit for retailers according to their needs and price range. The show organisers’ deep understanding of the market dynamics and economic conditions, as well as business and investment trends, enables them to produce a first-class event.

Heijmans added: “We are fully equipped to better serve our retail clients backed by our market insight, valuable connections and up-to-date retail property information.”

The exhibitors at International Property Show will offer services like commercial real estate sales, leasing, consulting, relocation & expansion assistance, retail space utilization and efficiency consulting, asset acquisition and disposition in addition to a broad range of residential real estate services which will also be on offer at International Property Show.

The 2015 edition will take place at the Dubai International Convention and Exhibition Centre, with free entry to the public.

Tuesday, February 3, 2015

Ibn Battuta Gate Office building underscores ‘New Dubai’ hub status as Expo 2020 draws closer









Ibn Battuta Gate Office building underscores ‘New Dubai’ hub status as Expo 2020 draws closer 

Location hotspot has over 43,600 square metres of prime office space, with easy access to emerging Expo 2020 site and close to Dubai World Central.; ideally located between Dubai and Abu Dhabi on Sheik Zayed Road  

As preparations for Expo 2020 Dubai gather pace, Ibn Battuta Gate offices, owned by luxury property developer Seven Tides, is capitalising on its enviable location right in the heart of New Dubai, less than 30 kilometres from Dubai World Central, the Expo 2020 site and Dubai World Central Airport clearly underlining its business hub status.

As the sole leasing agents for the Ibn Battuta Gate offices, Asteco, one of the region’s leading real estate consultancy and property management firms, currently manages the Ibn Battuta Gate Office building, home to a growing number of blue chip companies, as well as responsibility for the development’s residential component and is increasingly capitalising on its strategic location next to the five star M√∂venpick Hotel, the famous Ibn Battuta Mall and nearby Metro.

And once combined with a first of its kind multi-storey, automated car park facility, located just to the rear of the offices that is capable of accommodating 765 cars, the reasons for the popularity of the Ibn Battuta Gate development are clear. 

“We are now handling a steady stream of enquiries from small start-ups to international companies looking to set up their businesses here and we expect that to accelerate in the run-up to Expo 2020, particularly with the availability of fully fitted, fully inclusive offices with dedicated parking spaces,” said John Stevens, Managing Director, Asteco.

“Around US$7 billion has been earmarked for development and infrastructure projects linked to Expo 2020 which will effectively position the 150-hectare development as a hub in its own right, and Ibn Battuta Gate’s strategic location places it firmly in the sightline of opportunity with its ‘move-in-and-go’ set-up,” said Stevens.

Investment and employment creation are expected to fuel real estate market growth over the next five years with a forecasted figure of 277,000 jobs and 20 million extra visitors during the six-month long expo.

“I believe that this will have a positive effect on rental rates in the market for those developments that offer accessibility and convenience in the form of public transportation links and peripheral services such as retail, entertainment, residential and public services,” he added.

Interest has also heightened since an announcement was made to extend the existing Ibn Battuta Mall by 28,000 square metres at a cost of AED 160 million. This includes a 350-bedroom hotel, 150 additional shops, 50 restaurants and a 21-screen cinema.

“As the sole leasing agent for this development we are highlighting our positon as market-leaders for leasing high-end office space reinforcing our commitment to offering a quality focused tenant strategy that delivers tangible results for both owners and operators,” he added.

For more details, please visit www.asteco.com


Monday, February 2, 2015

VILLA LANTANAOPENS THE DOORS OF ITS SHOW VILLAS TO INVESTORS AS THE DEVELOPMENT ENTERS SECOND PHASE OF SALES















VILLA LANTANAOPENS THE DOORS OF ITS SHOW VILLAS TO INVESTORS AS THE DEVELOPMENT ENTERS SECOND PHASE OF SALES

After a strong sales performance and a particularly high level of interest from Emirati buyers following the launch in September 2014, TECOM Investments has announced the second phase of sales for its Villa Lantana freehold residential development in Dubai’s growth corridor of Al Barsha South.

The show villas will be open to the public for the first time from Thursday 29th January onwardsat the Villa Lantana site, situated just off Umm Suqeim road.

Commenting on the success of Villa Lantana, Badr Al Gargawi, Chief Executive Officer, Development & Planning Division, TECOM Investments said:

“Investors are taking a long term view of the market and recognise the importance of holistic communities. As Dubai’s pattern of expansive growth continues, families are looking not only for a convenient location but also for a community that serves the whole family’s needs. Villa Lantana incorporates a balanced mix of zones which reduces the time spent commuting and leads to a healthier work-life balance for residents.”

Emirati nationals make up 43% of the total number of Villa Lantana buyers. Overall, Villa Lantana buyers are predominantly buy-to-let investors, whilst the remainder are looking for a family home.

In order to increase the options for young families to invest in their future and secure a suitable home without having to compromise on quality or location, TECOM Investments enables flexible home loan solutions through an agreement with Mashreq Bank.

Benefits available under the collaboration include high loan amounts of up to AED 15 million; loan-to-value ratio of up to 50 per cent for off plan properties; loan tenure up to 25 years; low income eligibility starting from AED 15,000 per month, and finance for salaried and self-employed UAE residents at attractive interest rates.

The contemporary villas, set in a well-planned, beautifully landscaped family neighbourhood, offer interested buyers the choice of 17 different villa designs, 11 floor plans and a range of 3, 4 and 5 bedroom detached and semi-attached family homes. The development’s close proximity to Dubai’s main arterial roads allows for fast and easy access to the city’s primary business areas, retail and entertainment hubs, with a number of leading schools having recently opened in the near vicinity.

Construction of Villa Lantana is on track and the project is due for completion at the end of 2015.

For further information, please visit www.villalantana.aeor call 800-LANTANA.
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