Times are a changing in the luxury property development world. The most recent announcements of new luxurious developments seem to be centered around such ideas as “sustainable development,” or green development,” along with niche areas such as ‘golf communities.these are some of the most recent announcements. As usual, Dubai has more than it’s fair share amongst the list.
Emaar launches “Signature Residences.”
Emaar Properties will roll out an exclusive roster of signature residences within its established master-planned communities on May 10, 2008.
The one-day special sale of premium residences within The Lakes, The Views, Downtown Burj Dubai and Dubai Marina will be on a first come, first serve basis with several financial institutions offering easy home finance options.
Eco-Friendly Luxury Beachfront resort in Belize
Ravenspur Investments Inc. today unveiled plans for Palmetto Bay Resort at Maya Beach, a secluded tropical hideaway in Southern Belize situated on 16-miles of white sand beaches and complemented by stunning scenery of the Maya Mountains. Palmetto Bay will introduce unprecedented luxury beachfront real estate and Four Star amenities to the Placencia Peninsula of Southern Belize, and will be the first development in the Caribbean designed ‘green’ from inception.
Beachfront development in Belize
Jumeirah Golf Estates Development
Shaikh Holdings, the leading Dubai-based real estate investment and luxury development company, has announced the start of construction at its prestigious Sanctuary Falls villa development in Jumeirah Golf Estates. The start of construction was marked by a tee-off event at the Sanctuary Falls site, and signified the beginning of this landmark boutique community in Dubai. The award-winning Sanctuary Falls project, aims to create a new benchmark in community living by being the first resort-style residential golf community in the UAE.
Emaar launches “The Address” Luxury Hotel brand
Emaar Hospitality, the hospitality & leisure business subsidiary of Emaar Properties PJSC, has revealed plans to launch and operate its own five star premium global brand of world-class hotels and resorts under the brand name, The Address Hotels & Resorts. Set to redefine the hospitality experience, Emaar’s global hotel brand will roll out later this year with the opening of The Address flagship hotels in Downtown Burj Dubai and another property in Dubai Marina.
Luxury Development in Dubai
South Korea’s Sungwon Corporation plans to launch a Dh1 billion luxury residential project in
The Lagoons, a Sama Dubai master development, by year-end, which will take its realty investment portfolio to $1.5 billion, a senior executive said.
“We have acquired a plot in The Lagoons and expect to launch the project by year-end,” Richard Lee, Vice-President, Sungwon Corporation Middle East, told Emirates Business.
“We hope to resolve the design issue with Sama by next month, since the master developer provides developers with project specifications,” he said.
Green development in Dubai
Is it just me, or does there seem an inexhaustible supply of new property developments coming out of Dubai? This is the latest in a long line – Sheikh Mohammad Bin Rashid Gardens, the Dh200 billion venture of Dubai Properties, which aims to be the lowest-density development in the region. Situated between Al Khail Road and Emirates Road on 880 million square feet, about 73 per cent of the development will be green and open spaces and 10 per cent will be allocated to waterways.
The remaining space will be built-up, mixed-use areas.
Model Home Released Upper West Side
Ariel West Unveils Model Home and LA PALESTRA Wellness Center
Exclusive Broker Event Highlights Upper West Side Condo JewelGary Barnett, president of Extell Development Corp. welcomed brokers this week to an exclusive unveiling of the Ariel West new model home and LA PALESTRA Wellness Center.
The cocktail reception at the newly completed Upper West Side luxury condominium high-rise included a tour of the 2,349 sq. ft model home, Unit 9A. This three-bedroom home features three full baths and a custom kitchen with granite countertops, premium Viking appliances and Waterworks fixtures and a bonus room that can be used as a home office or nanny’s room.
