Emaar Properties Announces Sky Collection

Emaar Properties has launched scores of penthouse units in its latest project of The Address The BLVD in Downtown Dubai according to Bayut sources. It had sold its entire portfolio that had 542 units in the September last year on the very first day when it got launched. Emaar has also launched it’s the Address The BLVD Sky Collection project on the Sunday and this too is a luxury project which will have apartments ranging from three bedrooms to five and also penthouses and duplexes. This 63 floor building is located on the Emaar Boulevard in Downtown Dubai.

The project is planned to be completed before the June of 2015 and when completed, it will have 542 apartments. However, the number of units that are to be added was not unleashed by Emaar Properties. The building will also feature 200 hotel rooms upon completion along with the apartments.

Sky Collection is going to be the second highest building in the Downtown Dubai and it certainly is an enticing offer for the investors and accommodation seekers to have an apartment of theirs located in this luxuriously designed place. Ahmed Al Matrooshi who is Managing Director at Emaar Properties was also of the same view and he encouraged the buyers to have a luxury apartment in this extravagant property project.

The net profit of the Emaar Properties dropped by 4.7% during the third quarter of the year but according to Mohamed Alabbar who is the Chairman of Emaar Properties said that it happens every year due to the season change and remains so during the third quarter and there is no need to be worried about because in his opinion the there is no threat to Dubai real estate any more. He said that the Dubai Property sector has already gone through the tough times and it will continue to be the same in the coming days.

Greenery refreshes the Minds

We are in a world where everyone is after money because the way the time is evolving, it has become extremely difficult for people to live without it. Luxury has become a need and the need has become a necessity. As a result, the working hours throughout the world are increasing and the life has become much faster than it was some sixty or seventy years ago. It is a fact that most of us prefer staying in office and do some work instead of going and seeing our friends which is a must for keeping the brain healthy and fresh.

At such a time, when the routines have become so hectic and keeping in touch with the friends has become almost impossible, it is these recreation spots where one can go and spend some time to get fresh. Keeping this in mind, the developers in the Dubai city make sure that there is always some space left in the society for parks, cinema halls, malls and other such places where families and friends can hang out and spend some time together. The green effect is always refreshing for the mind and a fresh mind is a must for doing the work in a way that it should be done.

The recent opening of Al Ittihad Park by was also a part of the same resolve that Dubai must be green and the declaration by Emaar properties that every new property project that it makes will certainly have big space for parks and greenery will be given the first priority in it, is also a link in the same chain. The decision of turning the city into a green city was lauded by the public and the new look will definitely be refreshing for the eyes and minds. This Go Green concept is a very good step in terms of business as well because as the environmentalism is gaining pace all over the world, the public really appreciates it these days so the real estate market is also going to get favors from it.

Businessmen Love to be in Al Reem Island

Abu Dhabi is the capital of one of the most important countries in the Middle East that is the United Arab Emirates. Important it is because it is one of the richest among all in terms of natural resources and is certainly a huge business center in the region as there are hardly any other country that can offer the amenities like Dubai and Abu Dhabi and obviously being on the edge of South Asia and neighboring Iran and other Gulf countries by sea while bordering Saudi Arabia puts it in a special place In the region. All this makes Abu Dhabi and important place for business and tourism and Al Reem Island Apartments are certainly the best place to live in for any businessman or a tourist as they offer everything that a luxury lover would desire for.

Undisputedly Al Reem Island is a place where any businessman would love to live as the amenities that the city offers in terms of business facilities that this city offers and the excellent quality of living that this society provides make it one of the most desired place in the entire world for the business class. The fantastic sea view makes it even more desirable for the tourists as they come here in large numbers every year for the sake of visiting this place as it has great sites for the lovers of nature. Sea, alone, makes it a loveable place while the archaeologists come here as well as this city and the mountains and desert around contains some very rare rocks and they certainly are a source of excitement for these archaeologists.

In the wake of these attractions and the fantastic lifestyle that this city offers, Abu Dhabi definitely is the place for the world to look at and that is exactly what they have been doing over the years. Though the state focused oil as its main economic resource but the business industry and the tourism has brought a lot in the recent years and today, around 65% of the GDP of Abu Dhabi comes from resources other than oil which obviously is a huge achievement. Only Abu Dhabi could have achieved these heights in such a short time with rulers who are very well aware of the ground realities and administration that has been efficient, effective and most importantly innovative through all these years and their hard work is surely bearing fruit now.

Dubai to go Green

Ali Rashid Lootah said on Monday that Nakheel is going to develop a lot of parks in the city and will be focusing greenery in all of its projects. Lootah, who is the chairman of Nakheel, also said that they are planning to develop green communal areas and not just the parks in already existing societies. He made these revelations at the opening of a park in The Palm Jumeirah that has cost AED 24 million. He also said that Nakheel was going to make new parks at any place where they have a vacant area in any of their projects. The park that he was opening in The Palm Jumeirah is “Al Ittihad Park” which is going to have 60 varieties of plants in it and certainly will be an exciting place to visit.

The place is certainly going to be an exceptional option for the people who jog or like to walk as it has a 3.2 km long jogging track and along with all the variety of the trees and perfect hygienic conditions, this park will prove a paradise for anyone. Lootah believed that it would become another tourists’ attraction for the people who come to Dubai. He also opined that the park will allow the researchers and the common people to know about the highly diversified plant life of the United Arab Emirates.

While Mohummed Bin Rashid Al Makhtoum has announced to Mohammed Bin Rashid City and the announcement by Nakheel of this plan to introduce the green culture in their project, there seems to be a time coming to Dubai real estate when the societies will surely move towards the green environment. The reason behind it is that the Emaar Developers and Dubai Holdings joint venture is also going to be focused on waste management and clean environment.