Shopping Malls Under Majid Al Futtaim Properties Mark Ramadan With Annual Charity Drive

Majid Al Futtaim Properties’ eight shopping malls in the UAE, Egypt and Bahrain have joined hands to support the month-long charity campaign ‘Make a Difference this Ramadan’.

Through this annual charity initiative, Deira City Centre, Mall of the Emirates, Mirdif City Centre, Sharjah City Centre, Ajman City Centre, Maadi City Centre, Alexandria City Centre and Bahrain City Centre, will once again reiterate their commitment to help the underprivileged across the region.

The initiative encourages customers to donate a number of specific used items such as spectacles, clothing, mobile phones and books, at special collection points placed strategically throughout the malls. All items collected are then distributed to relevant charity organisations in the area and ultimately will be gifted to those who are in need.

Fuad Al Najjar, Vice President, Deira City Centre, said: “Ramadan is a time to reflect on the lives of those who are less fortunate, and our annual Ramadan charity campaign is extremely important to our whole team.”

“By partnering with these local charity organisations we make it easy for people to participate. Last year our malls together successfully collected around 62,000 items, all of which found a new home with those who are most in need. We hope to build on this success this year and to continue to spread the message of giving this Ramadan,” added Fuad.

Red Crescent Society will receive all the donations from the malls in the UAE. In Egypt, donations collected from Maadi City Centre will be gifted to a number of charity organisations such as the Egyptian Society for Integrated Development. Donations collected from Alexandria City Centre in Egypt will be given to Future Protectors, Daawa Lel Haya, Resala and Sahabet El Khair charity organisation.

Visitors to the malls who choose to donate to the initiative will also receive a special offer coupon that provides deals and discounts from participating retailers, as a small gesture of appreciation for their generosity.
 

Dubai Properties Group Employees Host Charity Iftar For Skilled Labour At Nuzul

Dubai Properties Group (DPG), a member of Dubai Holding, today announced its employees came together to host a charity Iftar for over 2,500 residents of Nuzul, a dedicated community for skilled labour.

In keeping with the spirit of the Holy Month of Ramadan, DPG employees and leadership contributed generously to the event which was hosted at the newly built community mosque at Nuzul. The evening also included a talk on Ramadan by the Islamic Affairs and Charitable Activities Department (IACAD).

Khalid Al Malik, Group CEO, Dubai Properties Group, said: “The selfless contribution of our employees helped us organise a special Iftar for the residents of Nuzul that has made this Ramadan a memorable experience. The initiative confirms our commitment to DPG’s core values of respect and integrity and demonstrates our dedication to giving back to our community.”

The recently launched Nuzul community is a dedicated residential development for skilled labour. Providing an enhanced lifestyle with well-appointed amenities, the community comprises 2,236 residential units across 13 low-rise buildings with a built-up area of 92,000 sq ft in the Jebel Ali Industrial Area 1.
 

One Bedroom Apartments Available for Lease at Dubai Properties Group’s Shorooq Mirdif

The apartments, which average 1,000 sq feet, are available for immediate occupancy at some of the most competitive rates in the region. An antidote to high-rise living, Shorooq Mirdif offers residents a distinctive community lifestyle in an ideal location in the heart of Mirdif, featuring wide open spaces in a serene and secure environment.

Shorooq Mirdif, rated by the industry as an ideal family-focused neighborhood, is already home to over 1300 families. The community is taking shape with new facilities and enhanced landscaping in progress.  
Khalid Al Malik, Group CEO, Dubai Properties Group, said: “We continue to be committed to delivering sustainable communities in the most desirable neighborhoods in Dubai. Shorooq Mirdif meets the market demand for quality and affordability by delivering a holistic community experience in a great location at tremendous value for money.
With 2,096 residential units comprising studios, one and two bedroom apartments, in addition to two, three and four bedroom villas with private gardens, the Shorooq Mirdif community offers a wide spectrum of options to the discerning customer at competitive rates and flexible payment plans.

Conveniently located adjacent to the Rashidiya Metro station and the Dubai International Airport, Shorooq Mirdif is easily accessible from arterial highways including the Emirates Road and Al Awir Road. The community also offers convenient access to schools and shopping centres, including the popular Uptown Mirdif and the new Mirdif City Centre malls.

Dubai Properties Group is also currently leasing residential and commercial units at the Layan community, Jumeirah Beach Residence, Cordoba Villas, Al Khail Gate, and Office Park.
For leasing enquiries, please contact 800-DPG.

About Dubai Properties Group

Dubai Properties Group (DPG), a member of Dubai Holding, develops and manages properties, communities and destinations.  Through its subsidiaries, DPG also offers end-to-end property related services. Sales and leasing via Salwan; the real estate broker, property management, facilities management and security services via Dubai Assets Management company, in addition to destination management via DUBAILAND

The Dubai Properties Group focuses on the creation of a broad range of quality properties in which to live, work, play and shop in addition to the development and management of key destinations in Dubai including both Dubailand and ‘The Walk’ at JBR.

Dubai Properties Group aspires to become the best partner in providing a reliable service through the creation of quality, value for money lifestyles, and by creating a world class organization that offers a wealth of industry knowledge and expertise. DPG will constantly seek new and innovative ways to deliver comprehensive solutions to its stakeholders, investors and business partners.

For more information:
Dina Samhout
Account Manager
Jiwin Public Relations
Phone: +971-4-3755247
Fax: +971-4-3688001
Email: Dina.Samhout@jiwin.ae

Dubai Properties Group Portfolio Spans Broad Geographic Area In Dubai

Dubai Properties Group (DPG), a member of Dubai Holding, has shaped several imperative communities across Dubai covering a spectrum of market segments, featuring both commercial and residential units in a range of price points.

DPG’s communities are keenly sought after for their combination of quality, spaciousness and affordability in prime locations across Dubai. The group’s immense and diverse residential portfolio available for lease consists of upmarket villas and apartments, as well as affordable quality accommodation and convenient choices for staff housing. DPG’s projects span from Shorooq in Mirdiff to Nuzul in Jebel Ali. Complementing this are Layan in DUBAILAND®; Al Khail Gate on Al Khail Road; Al Razi at Dubai Healthcare City (DHCC); Cordoba Residence in Dubai Knowledge Village and the Jumeirah Beach Residence (JBR) development in the heart of new Dubai

The group’s retail and commercial space options are centred in prime locations such as Dubai Internet City, Dubai Media City, Dubai Healthcare City and the Jumeirah Beach Residence.

Khalid Al Malik, Group Chief Executive Officer, DPG, said: “At DPG, we build communities for every segment of the population in the most desirable neighbourhoods in Dubai. Our diverse range of built-to-lease projects is important to the sustainability of our real estate operations.”

A recent industry survey named Shorooq Mirdif among ‘the hippest places to live in Dubai’, hailing it an ideal family-focused neighbourhood. The development has been witnessing huge demand from potential clients, especially for its two and three-bedroom villas as well as its spacious studios and one bedroom apartments.

Al Razi Residence at Dubai Healthcare City, adjacent to Dubai’s most prominent business district, is a perfect blend of high end residential and retail component offering a variety of apartments from 1, 2, 3 bedrooms and penthouses, as well as an underground parking, swimming pool and gym.

The Layan community in the heart of DUBAILAND®, the landmark tourism, leisure and entertainment destination, includes an impressive portfolio of ready-to-lease villas and apartments that have proved highly popular since their launch.

Among the variety of affordable housing options that DPG provides to those considering shifting to Dubai is the Al Khail Gate located on Al Khail Road. Highly sought after for its quality and spacious rooms, the development is regarded one of the best residential projects in Dubai that offers utmost value for money.

For the convenience of business people and professionals at TECOM Investments’ education, ICT and media clusters, Cordoba Residence - the quaint Mediterranean, fully landscaped community in Al Sofouh Road near Dubai Knowledge Village - offers 216 units comprising 64 apartments and 152 villas.

For an excellent beachfront living, Jumeirah Beach Residence, spread over 1.7km by the beach at the heart of Dubai Marina - one of Dubai’s most prominent locations - provides a variety of units from studio to one, two and three-bedroom units, as well as over 305 commercial spaces including retail facilities, restaurants, and coffee shops.

DPG’s recently launched leasing campaign by showcases exclusive and affordable living options that offer a holistic lifestyle experience and maximum value for money.

For leasing inquiries, please contact 800 DPG.
 

Dubai Properties Group Sees Surge In Demand Following Leasing Campaign

Dubai Properties Group (DPG), a member of Dubai Holding, today announced a significant increase in demand for its built-to-lease communities throughout Dubai as UAE residents opt for quality and location at excellent value for money.

The increased demand is the direct result of DPG’s comprehensive six-week-long campaign to promote its built-to-lease communities across Dubai. DPG has received thousands of calls each week driving hundreds of visits to the community’s site offices daily. The comprehensive campaign was rolled out earlier this month across various marketing channels including the radio, print, digital, online and outdoor platforms.

The increased demand for DPG’s communities confirms the success of its leasing strategy. With a diverse portfolio in prime locations and flexible pricing that meets the market conditions, DPG has successfully consolidated its status as one of the region’s leading real estate companies that develops, creates and manages residential and commercial communities and destinations in Dubai.

Khalid Al Malik, Group Chief Executive Officer, DPG, said: “The demand for apartment and villas in our communities reflects the new market requirement for quality and affordability. DPG’s diverse real estate offering is focused on delivering sustainable communities that offer an enhanced lifestyle in diverse neighbourhoods and in every price range. The leasing campaign has been instrumental in featuring the breadth of our portfolio and has drawn thousands of new residents to our communities.”

The leasing campaign features eight of DPG’s diverse communities located across Dubai including the uniquely-themed beachfront development - Jumeirah Beach Residence, the Mediterranean-themed desert oasis in the heart of DUBAILAND - Layan, and Shorooq - a popular residential community in Mirdif.

Cordoba, a family-focused community in an ideal location in Dubai Knowledge Village, and Al Khail Gate, affordable apartments conveniently located off Al Khail Road, are also featured along with commercial projects including Office Park 1 & 2. The premium skilled staff accommodation, Nuzul, rounds out the portfolio.

For leasing inquiries, please contact 800 DPG.
 

Dubai Properties Group’s Al Khail Gate Offers Companies Affordable Options for Employee Accommodation

Dubai Properties Group (DPG), a member of Dubai Holding, today announced its Al Khail Gate development has become one of the most sought-after communities in its leasing portfolio for employees of Dubai and neighboring emirates.

The gated community has gained interest during DPG’s ongoing six-week leasing campaign aimed to showcase its affordable living options and offer a holistic lifestyle experience with maximum value for money.

The convenient and contemporary residential community is the perfect alternative to smaller and significantly older apartments in less desirable locations throughout Dubai and is offered at considerably more affordable prices.

The Al Khail Gate community has already proved popular with the emirates skilled work force as demand remains high for apartments at reasonable rates in a central location adjacent to Dubai’s business center.

Dubai Properties Group has signed with Dubai and Abu Dhabi based companies including Emirates Airlines, Jumeirah Group, Bin Hendi Group and Abu Dhabi National Hotels to accommodate their employees at Al Khail Gate.

Khalid Al Malik, Group CEO, Dubai Properties Group, said: “This project comes as a fulfillment of our promise to satisfy the needs of different market segments. The launch of Al Khail Gate is a testament to our commitment of providing apartments and residential units with high quality at affordable prices in Dubai. Al Khail Gate is an important part of our portfolio of diverse communities, providing numerous options to suit different tastes, needs, and income levels.”

Ideal for UAE residents currently making the long commute from other emirates, the apartments at Al Khail Gate range from 622 sq ft studios, 883 sq ft one-bedroom, 1,243 sq ft two-bedroom and 1,848 sq ft three-bedroom units.

Located in close proximity to Dubai’s arterial highways, the development is minutes away from the Dubai business district, Old Town and New Dubai. Ample parking spaces, Bus stops and 24x7 security make the community ideal for Dubai’s labo.

In addition, further enhancements to the living experience at the development are underway with additional services and facilities being planned. DPG is aiming to construct a dedicated gym, kid’s play areas, sport facilities including multipurpose courts for basketball, volleyball and tennis, and a cricket ground, as well as retail shops to further enrich the experience and better service the community.

Majid Al Futtaim Properties Wows Crowds With DSS Entertainment Line Up

Deira City Centre, Mirdif City Centre and Mall of the Emirates have wowed crowds of visitors with their outstanding line up of entertainment held so far for Dubai Summer Surprises this year, and the best is still to come!

Fuad Sharaf, Vice President of Mall of the Emirates, said: “Complementing the spectacular discounts, sales and promotions available, the malls have lined up a raft of live entertainment and activities for this year’s DSS festival throughout the hot summer months of July and August.

“In addition to countless parades, carnival performers, clowns, dancers and talent shows, and Modhesh meet and greet times held in partnership with the Dubai Events & Promotions Establishment (DEPE), the three malls also have a number of exclusive entertainment acts available only at these retail destinations.”

What’s in store for visitors with Majid Al Futtaim Properties DSS 2010 Entertainment:

Deira City Centre
Toy Story Activity Centre - July 6-31
The event will feature a Toy Story-themed face painting activity, kids’ colouring activities, puzzles, film screening, as well as sale of Toy Story merchandise at the Centre Stage of the mall.

Kids Fashion Week - August 1-7
A DSS signature event, Deira City Centre will be hosting the Kids Fashion Week for the second year in a row. The event will feature a display of the most colourful and coolest designs dedicated to young fashionistas, as glitzy and glam as the grown up versions. This mini fashion week will feature shows starring the local catwalk stars of tomorrow and some trendy creations that will be the inspiration for the youngster’s summer wardrobe.

Mirdif City Centre
Dora the Explorer - July 7-21
For the mall’s junior visitors, popular children’s heroine, Dora the Explorer, will be entertaining guests with her very own interactive musical edutainment stage show held at the mall’s central galleria.

Kids Olympics - July 25 - 31
A family oriented event for children aged 8 months to 15 years and their parents. The event involves sporting activities and competitions for especially for children; tailor made to suit the excitement levels of those tiny tots who otherwise may be left out, it is an opportunity for all the little ones to exploit their skills in a series of spirited challenges.

Cirque Le Masque - August 1-8
The gravity-defying performers of Cirque Le Masque bring an entirely new dimension to circus arts. In this sophisticated, European-style circus, with brilliantly costumed jugglers, acrobats, comics, and aerialists perform gasp-inducing acts of balance, grace, strength and detailed teamwork, set to spellbinding special effects and creatively inventive lighting, choreography and music.

Mall of the Emirates
Mall of the Emirates has also lined up many activities for its visitors such as Toys Alive, The Grilts – Land of the Giants, The Giants Parade and Hairspray – The Musical. Visitors will also have an opportunity to marvel at the superb unicyclist and juggling skills of the Amazing Valerie along with the thrill of meeting Modhesh and other DSS characters.

Toys Alive – 15 July-3 August
A chance for mall visitors to watch the Toy Soldier come alive and march up and down to protect his fellow toys. There is also the opportunity to get up-close with the dancing Ballerina who teaches children how to do the ribbon dance and meet the Rag Doll who loves to talk and have her photograph taken with visitors.

The Grilts – Land of the Giants – 18 July-7 August
Get ready to be amazed as three metre tall giants inhabit the Mall. They are not camera shy, and they love visitors to take their photographs! Young visitors can also have the chance to be lifted off the ground to show them what the world looks like from three metres high.

The Amazing Valerie – 11 July- 7 August
Valerie is all geared up to amaze visitors with her juggling talents as she makes her way around the Mall on her very own unicycle. The mix of bright costumes, juggling and incredible unicycle skills brings a truly circus feel to Mall of the Emirates.

The Giants Parade – 11 July-4 August
Visitors can experience just what it is like to be an ant as they are towered over by our trio of three metre tall giants. They are perfect for having a family photograph with – if they can be fit into the photo!

Extracts from Hairspray – The Musical – July 12-14
The cast from the musical show Hairspray perform extracts from the show being staged at DUCTAC. Featuring the cast from the hit show from London’s West End, their bright costumes and energetic performances will make you want to dance your way around the Mall of the Emirates as you do your shopping.
 

Dubai Properties Group Enhances Layan’s Community Services And Facilities

Dubai Properties Group (DPG), a member of Dubai Holding, today announced that its Layan community has achieved significant milestones in the delivery of services and facilities, as diverse components of the unique Mediterranean-themed development take shape to deliver a sustainable community in DUBAILAND.

Recently launched community facilities include a prayer room, extensive children’s play area, a nursery, a swimming pool, and a basketball court. In addition to extensive landscaping, round-the-clock security and facilities management solutions; Layan features exclusive retail space ranging from 500-1,500 sq. ft.

Work on the clubhouse and its fully-equipped gym is progressing rapidly and a supermarket, coffee shop and restaurant are set to open in the near future. In addition, the Layan lifestyle is fully embraced and supported by it residents who actively engage in many community activities including, tree planting, used clothes collection and recycling.

Khalid Al Malik, Group CEO, Dubai Properties Group: “As a master developer, DPG remains committed to building sustainable communities that cater to diverse populations and budgets and deliver the highest standards of quality. Layan is an important part of our extensive real estate portfolio as the family focused development represents our dedication to “community” and our intent to deliver an enhanced lifestyle with extensive services and facilities at each of our residential neighborhoods.

The Layan community includes an impressive portfolio of ready-to-lease villas and apartments. Residential units at the Mediterranean-themed desert oasis feature unique architectural elements, terracotta roofs and warm colours that deliver the mystique of desert living with all the modern comforts of urban life, making the project a preferred destination for families.

Promotional rates are available during the six-week leasing campaign recently launched by DPG. Annual leases start at AED 64,000 for two bedroom Villas. The development includes 1,400 sq. ft. two bedroom and 1,800 sq. ft. three bedroom apartments, as well as 1,900 sq ft two bedroom, 3,800 sq ft three bedroom and 4,000 sq ft four bedroom villas.

As part of its ongoing campaign, Dubai Properties Group is currently leasing residential and commercial units at the Jumeirah Beach Residence, Shorooq Mirdif, Layan in DUBAILAND, Cordoba Villas, Al Khail Gate, Al Razi Residence, and Office Park at the Dubai Internet City.

For leasing inquiries please contact 800-DPG (800-374)
 

Dubai Properties Launches Nuzul A New Generation of Skilled Labour Accommodations

Dubai Properties Group, A member of Dubai Holding, today announced the launch of Nuzul, a dedicated community for skilled labour focused on providing an enhanced lifestyle to the emirate’s labour workforce.

The developers behind the iconic Jumeirah Beach Residence, The Executive Towers at Business Bay and Shorooq Mirdif are delivering a new vision for skilled labour accommodations in Dubai. Nuzul is comprised of 2236 residential units across 13 low rise buildings with a build-up area of 92,000 sq ft in Jebel Ali industrial Area 1.

The innovative new community features Mediterranean architecture with wide open spaces designed to provide a healthy living, working and leisure environment for skilled labour. Nuzul features holistic amenities including dedicated recreation and entertainment areas, a food court, supermarket, a clinic, a pharmacy, emergency treatment room, a mosque, game rooms, library, internet room, ATM machine, retail outlets and cricket & basketball field.

A kitchen with LPG (central gas), a dining facility, laundry rooms, bathrooms and elevators can be found on each floor of all 13 buildings, providing a more intimate and personal environment for residents.

The community was meticulous planned to provide an enhanced quality of life for the regions skilled labours and promotes increased productivity among its inhabitants. In addition, Nuzul offers business owners a highly anticipated alternative to better accommodate the needs of their local labour force.

Located in close proximity to the Jebel Ali free zone with easy connectivity to Sheikh Zayed Road, Emirates Road and other arterial highways, Nuzul is a secure community that boasts on-site, dedicated centralized parking for heavy vehicles and staff buses.

Khalid Al Malik, Group CEO of Dubai Properties group said: “Nuzul is in line with our commitment to deliver a diverse and comprehensive real estate portfolio that features the next generation of labour accommodations. This initiative is a crucial part of our corporate responsibility to deliver a new vision for skilled labour communities in the region.

Nuzul is well-equipped to ensuring that residents are not only provided with good basic provisions but that they can also enjoy the enhanced living conditions that Dubai is known to offer. In addition Nuzul is an important component of our ongoing efforts to provide comprehensive real estate solutions to our clients.”

Nuzul is a “green” community with a MBBR Sewage Treatment Plant (Moving Bed Bio film Reactor). The plant will be designed for approximately 10,000 residents with a capacity of 3000 cubic meters. The treated water will be pumped for re-use in gardening.

The preliminary response to Nuzul has been positive, with significant interest from local business owners. A number of complete buildings have already been leased before the official launch of the project.

Dubai Properties Group is currently leasing residential and commercial units at Jumeirah Beach Residence, Shorooq Mirdif, Layan in DUBAILAND, Cordoba Villas, Al Khail Gate, Al Razi Residence, and Office Park at Dubai Internet City.
 

Mortgage Is Key To Real Estate Recovery: DAMAC Properties Supports GCC Mortgage Summit 2010 As Development Partner

DAMAC Properties -- the luxury lifestyle developer - has announced its support as the Development Partner at the upcoming GCC Mortgage Summit 2010 in Bahrain. The Company aims to engage in dialogues with participating delegates, banks and investment companies to facilitate mortgage solutions available in the Middle East. DAMAC Properties is the only developer from GCC to be associated with the summit in this capacity.

At the event, to be held at the Gulf Hotel in Bahrain from June 2 to 3, 2010, Mr Adil Taqi, who heads the Investment arm of DAMAC Holding will share his views on the future prospects of the real estate industry with emphasis on mortgage & its importance to the recovery of the sector.

“DAMAC Properties believes that the mortgage market in the GCC is set for a gradual but sustainable growth in the coming years. Actively facilitating the growth of the sector is important for the development of the regional real estate industry. The global financial crisis forced banks towards conservatism and the market today has stiffer regulations and complex mortgage products for the consumer. It is important for the banks and developers to collaborate and provide simple long term products to the consumer. Currently the mortgage penetration in the GCC is low compared to Europe and USA and to exploit this potential, the industry needs to come together and discuss the way forward,” says Adil Taqi.

‘The regional mortgage sector is currently witnessing a structural overhaul and where innovation, customer service and long term planning is key for sustainability’, he added.

According to the European Monetary Fund (EMF) Q3 2009 Quarterly Review of the European Mortgage markets, most mortgage markets have continued to experience falls in new lending over the previous year. These falls have generally stabilised due to a number of factors - the continued expansionary interest rate environment, improved housing affordability and some short-term recovery at the macroeconomic level.

‘We are currently experiencing an evolution in the mortgage industry. The government regulations will play a vital role and the remainder of 2010 and 2011 will define the industry in the region. According to a latest report issued by Moody’s, the anticipated mortgage law in Saudi Arabia is likely to drive growth in the mortgage market across the GCC. We are all very keen to see how it unfolds’, added Adil.

The 2010 GCC Mortgage Summit will provide an arena for industry experts to conduct a healthy debate that will reshape business strategies, business networks, enable best practice share, while identifying challenges, as well as specific one-on-one meetings with potential partners and service providers, and the better planning of financial investments in future.

“DAMAC has been in the forefront of real estate development in several markets and we are delighted to have DAMAC’s support as a key sponsor to the GCC Mortgage Summit. We believe DAMAC’s experience from operating in different markets will provide significant insights to the participants” said Mr. R. Lakshmanan CEO, Sakana Holistic Housing Solutions BSC (c), organisers of the 2010 GCC Mortgage Summit

Building on the success of the GCC Mortgage Class 2009, the summit will address major opportunities, issues and challenges in the sector with the ultimate aim to better understand what it will take to succeed in this very competitive business arena, in 2010 and beyond.
 

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