Emrill Energy, a division of leading integrated facilities management company Emrill, met with senior management of the Real Estate Regulatory Agency (RERA) to discuss the future of sustainable energy strategies for Dubai’s real estate sector following the release of RERA’s Energy Efficiency Policy. The policy aims to increase energy efficiency within the built environment through the development and implementation of energy-saving asset optimisation practices. To support the UAE’s commitment to sustainable and innovative initiatives, Emrill Energy and RERA have committed to exploring solutions that will help develop more energy-efficient buildings, green spaces and the implementation of smart technologies to increase…
Author: Kasun Illankoon
Imdaad, a Dubai-based group of companies that provides integrated, sustainable Facilities Management (FM) services that enhance the operational efficiencies of physical assets, has entered into a strategic partnership with Talisen Technologies to develop new data-enabled Smart Building solutions that optimize energy consumption and improve occupant comfort for the built environment. Imdaad’s clients and partners will be able to take advantage of this partnership in gaining easy access to a truly integrated facilities management services that offers latest technologies and superior quality of service. The agreement was signed by Imtedaad, a business unit of Imdaad that focuses on cost-effective and sustainable…
By Diana Nilipovscaia, CEO at MERED In 2023, Dubai established itself as the world’s leader in the global luxury property market outpacing other international realty hotspots. Property Finder’s latest data revealed that there was US$8 billion worth of transactions, with 60% of buyers looking for apartments, in just October. The city is also the top hotspot for luxury, branded residences beating out the likes of realty cities like New York and London, according to Savills. As we venture into 2024, the ultra-luxury real estate market, generating individual property sales as high as $420 million in Q3 of 2023 alone, is…
Parsons Corporation has unveiled the latest trends that are driving best practices for sustainability in the region across key sectors such as aviation, rail, and artificial intelligence (AI). “Parsons has served in the Middle East for more than 65 years and has successfully completed more than 900 projects in the UAE alone,” said Martin Boson, General Manager Parsons Saudi Arabian Operations. “Through our work in the region, we actively demonstrate innovation and drive the implementation of sustainable and resilient infrastructure. We look forward to continuing to play an active role in advancing the growth of the region’s economy and vision…
Deyaar Development PJSC, one of the leading real estate developers and service providers in Dubai, the United Arab Emirates (UAE), and Arady Properties – PSC, an Abu Dhabi-based real estate company, have signed a Memorandum of Understanding with an aim to establish a joint development project at Al Reem Island in Abu Dhabi. The main aim of the MoU is to outline the commercial objectives for the project, provide a framework for further negotiations between both companies, as well as explore how the project can be developed on a joint ownership basis. Commenting on the agreement, Saeed Mohammed Al Qatami,…
King Salman Energy Park (SPARK), the leading industrial ecosystem, announces lease agreements with two new tenants and the start of construction for key existing tenants. These developments mark a significant milestone for SPARK as it drives localization of key products and services within the energy value chain. The new lease agreements, totaling over SAR 30 million, represent significant investments in driving sustainable industrial growth in the Kingdom. Abdulaziz & Brothers Safety Manufacturer (A&BC Reliable Protection), which produces high-quality Personal Protective Equipment (PPE) will set up their first facility at SPARK for the industrial and construction sectors. Meanwhile, Enjaz Al-Mustaqbal Industrial…
Discovery Land Company adds the UAE to its diverse portfolio of international properties, spread across 35 destinations, including USA, Latin America, Europe, and the Caribbean. The exclusive project in Dubai, Discovery Dunes, is the first of its kind in the region with its members-only residences, set to be an intimate safe-haven for like-minded families looking to create long-lasting memories through a rich, diverse offering. Spread across more than 27 million square feet, Discovery Dunes is located in the Golf district of Dubai South, the largest single, urban masterplan development in the UAE. Discovery Land Company is a global leader in private clubs and…
With the introduction of Sankari Properties, a transformative era for UAE’s premium real estate offerings is set in motion. Perfectly aligned with the nation’s strategy for economic diversification and growth, the developer seeks to make significant contributions to the established legacy and the promising future of the sector. The Aspiration In the dynamic real estate environment of UAE, characterized by top-notch infrastructure and a robust regulatory framework, Sankari Properties aims to push the possibilities of real estate. Acknowledging the vital influence of real estate and hospitality in enhancing Dubai’s global standing, the company is dedicated to creating spaces and experiences…
In a groundbreaking development, Zepth, an innovative global tech startup and leader in construction management SaaS software, today announced the integration of Artificial Intelligence (AI) into its platform, marking a transformative leap in the industry. The integration will see Zepth deploy 40 AI agents to reach an artificial general intelligence (AGI) status where its machine will have human-level intelligence — a first-of-its-kind endeavour in the Middle East and worldwide. Under the leadership of Founder Prasoon Shrivastava, Zepth is redefining the construction landscape. “Zepth stands at the forefront of the AI revolution, redefining the common-data environment with AGI-driven human-level intelligence. Our…
The real estate sector stands as an instrumental force in the UAE economy, constituting nearly 5.5% of the total GDP. Dubai, recognized as the world’s fourth busiest ultra-prime property market last year reported a remarkable 40% increase from to AED 97.55 Billion in Q3 2023 compared to AED 69.5 Billion in Q3 2022. As Dubai cements its status as a regional hub for finance and business, the tangible influence on the real estate market becomes evident, drawing in more players and investors, certain to catalyze additional development within the sector. In the same context, Arista Properties – a new entrant…