DEVELOPER CONCLAVE
BPME TALKS TO SIX DEVELOPERS ABOUT DUBAI’S REAL ESTATE SECTOR, THE DEVELOPMENT CHALLENGES THEY FACE AND HOW THEY OVERCOME THEM
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Game over or game on?
In late February, I began researching topics for BPME's Energy, Water & Sustainability Summit (14 May) and, this year, the research took me to lows and highs like never before.
It’s been confirmed by scientific organisations that 2024 was the hottest year ever recorded on Earth, and was also the first calendar year to exceed the 1.5-degrees Celsius global warming threshold that the Paris Agreement set out to avoid.
That said, there’s still time to decarbonise and avert catastrophic climate change but only if we actually embrace disruptive, unconventional thinking, tactics and technology. The good news is scientists around the world are already embarking on projects that may have once seemed like fantasy.
Chinese scientists have achieved a milestone in clean energy tech after successfully adding fresh fuel to an operational 2MW thorium molten salt reactor. The reactor uses molten salt as the coolant and fuel carrier, with thorium as the fuel source –
these reactors are safer alternatives to uranium-based nuclear reactors. Space-based solar power (SBSP) technology is also actively being pursued by several countries. SBSP stations work by using mirrors to concentrate sunlight onto panels, which generate electricity that is converted to microwave radiation and beamed to a fixed antenna on Earth. SBSP panels can generate significantly more electricity than solar panels, which can be affected by a variety of factors.
In the construction sector as well, progress is being made to decarbonise construction, material extraction and building operations. All this means we're not out of the game just yet but it's high-time to bring our A-game on aggressive decarbonisation.
Jason Saundalkar HEAD OF CONTENT
ANALYSIS
22 The Briefing
Khazna Data Centers has announced its expansion into Türkiye
24 The Big Picture
A wrap-up of the biggest international construction news stories for the month
26 Market Report
PPPs can drive Saudi Vision 2030's ambitious development goals according to JLL's Sean Doherty and Osama Bashir
32 In
Profile Building the Future
BPME talks to senior representatives from six developers about the real estate sector in Dubai, what's driving purchasing decisions, the challenges they face, and how they're addressing them
44 In Profile A Hotbed of Innovation
Buro Happold’s Hrvoje Cindrić says that the region has evolved, and is now the place to find true innovation and creative solutions to ongoing challenges in the built environment
52 Project Profile
In conversation with BPME's Priyanka Raina, Yogesh Bulchandani talks about his vision for eco-friendly and future-oriented communities and his commitment to sustainability
60 Comment
Adaptive architecture is driving a new era of urban luxury living writes Ajay Bhatia , Founder and CEO of SOL Properties
72 Final Update
Arada completes 120 homes at its Aljada megaproject in Sharjah
GROUP
MANAGING DIRECTOR Raz Islam
DIRECTOR OF FINANCE & BUSINESS OPERATIONS Shiyas Kareem
PUBLISHING DIRECTOR Andy Pitois
EDITORIAL
HEAD OF CONTENT Jason Saundalkar
ASSOCIATE EDITOR Priyanka Raina
ADVERTISING
SALES DIRECTOR Arif Bari
STUDIO
ART DIRECTOR Simon Cobon
GRAPHIC DESIGNER Percival Manalaysay
PHOTOGRAPHER Maksym Poriechkin
CIRCULATION & PRODUCTION
DIRECTOR OF MARKETING & MEDIA OPERATIONS
Phinson Mathew George
PRODUCTION & IT SPECIALIST Jarris Pedroso
MARKETING
MARKETING & EVENTS EXECUTIVE Lakshmy Manoj
SOCIAL MEDIA EXECUTIVE Franzil Dias
WEB DEVELOPMENT
SENIOR DIGITAL MANAGER Abdul Baeis
WEB DEVELOPER Umair Khan
FOUNDER Dominic De Sousa (1959-2015)
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PROPERTY
Range Developments unveils Island Heights
PROPERTY
CONSTRUCTION
Madrid F1 Track project secured by Acciona and Eiffage Construcción
INFRASTRUCTURE
SEC to launch 380kV substation and transmission projects in KSA
Dubai Holding Asset Management opens Nad Al Sheba Mall EXPERTS: How flame detection
INFRASTRUCTURE
RTA opens New Jumeirah–Al Mina Bridge in Shindagha Corridor Project
PROPERTY
Ardee Developments unveils Ardee Al Marjan Island
With a strong focus on sustainability, smart technology, and infrastructure, Ardee Al Marjan Island will offer green spaces, pedestrian-friendly pathways, wellness, leisure, and retail experiences
CONSTRUCTION
American Concrete Institute and PCI released New Joint Structural Precast Concrete Code ACI/PCI CODE-319-25 sets minimum requirements for plantproduced and site-produced structural precast concrete
PROPERTY
Nakheel unveils Phase 3 of Bay Grove Residences on Dubai Islands
This phase of Bay Grove Residences will offer one-, two- and threebedroom apartments, open-layout four-bedroom duplexes, and features designs with curved balconies
INFRASTRUCTURE
SEWA enhances Sharjah’s electrical grid with completion of key transmission projects
The projects completed in 2024 further develop the emirate’s electrical grid infrastructure and provide future-ready services
MACHINERY
Volvo and Putzmeister unveil new electric concrete pump truck
With the introduction of its new battery-electric pump truck, Volvo Trucks presents construction customers with a fully electric solution for the transportation, mixing, and pumping of concrete
PROPERTY
AVENEW
Dulsco
U+A
CONSTRUCTION
Shamal awards main works contractor for Baccarat Hotel and Residences Dubai to Arabian Construction Co.
INDUSTRY
appoints Liliana Momcilovic as Head of Interior Design
INDUSTRY
Group appoints Antony Marke as CEO for Dulsco People
MACHINERY
Saudi Vision 2030: Sennebogen to manufacture crawler cranes in Saudi Arabia
Development appoints contractor for Dubai Islands project
Object 1 launches V1STARA HOUSE in Al Furjan
The project features one- to 3.5-bedroom apartments across approximately 10 residential floors
FOCUS ON WELL-BEING
Inspired by the Sanskrit word ‘Vistara’, meaning expansion, the tower embodies the principles of growth, emotional well-being, and universal unity, said the developer.
Object 1 has officially launched V1STARA HOUSE, a mid-rise residential tower in Al Furjan that is said to be designed to deliver modern, community-centric living with a strong cultural and architectural identity. Slated for completion in Q3 2027, V1STARA HOUSE marks a significant step forward in Object 1’s evolution into
a lifestyle-focused, purpose-driven, and globally-minded real estate narrative, said a statement from the developer.
V1STARA HOUSE offers one- to 3.5-bedroom apartments across approximately 10 residential floors. Meticulously designed with thoughtful layouts, 3.1m ceilings, and panoramic windows, each floor accommodates six to eleven apartments, ensuring space and privacy - features increasingly important to today’s buyers, the developer explained.
With rental transactions in Al Furjan up 8% and one-bedroom rental values surging by 39%, the area offers yields of up to 9%, making V1STARA a strong opportunity for both endusers and investors, it added.
“V1STARA HOUSE is our response to current market dynamics—offering a product that balances aspirational living with real value. As Dubai expands with major infrastructure projects like the new Al Maktoum International Airport terminal, adjacent areas like Al Furjan are establishing themselves as a trusted investment hub, driven by high demand and long-term growth potential.
V1STARA is a smart, functional choice, whether you're an investor looking for solid returns or someone searching for a comfortable, well-connected home. It’s thoughtfully designed with the community in mind and built to keep up with today’s digital lifestyle,” said Tatiana Tonu, CEO of Object 1.
Located in one of Dubai’s most strategically positioned and familyoriented districts, V1STARA HOUSE is set to benefit from the city’s ongoing investment in infrastructure, sustainability, and connectivity. Al Furjan offers excellent accessibility, situated between Sheikh Zayed Road and Sheikh Mohammed bin Zayed
technologies with timeless cultural resonance. Inspired by the Sanskrit word ‘Vistara’, meaning expansion, the tower embodies the principles of growth, emotional well-being, and universal unity. This narrative is reinforced through interiors designed in a palette of deep midnight blues, cosmic golds, and ethereal whites— drawing from the visual richness of the cosmos, the developer stated.
From a lifestyle standpoint, the development is anchored by a curated range of amenities, including a welcoming lobby, a lagoon-style pool with a sun-soaked deck and loungers, and a separate kids’ swimming pool. Families will appreciate the indoor kids’ playroom and outdoor play area, while wellness is covered with separate ladies’ and gents’ gyms and a relaxing sauna.
Road, and is currently served by the Red Metro Line. Its proximity to key commercial hubs such as Jebel Ali Free Zone and Dubai Industrial Park and retail destinations like Ibn Battuta Mall makes it an ideal choice for both residents and investors.
The development itself integrates eight retail spaces on the Ground Floor to provide daily conveniences, the developer explained.
In Q1 of 2025, Dubai’s off-plan market continued its upward trajectory, with the average price per sqft reaching $340.3 - a 13% y-o-y increase. The median apartment price rose by 19% to $408mn, reflecting sustained demand across the sector. Known for its predominance of low-rise developments - including villas, townhouses, and midrise apartment buildings - Al Furjan offers a more grounded residential experience, increasingly sought after in a city defined by its high-rise skyline.
Architecturally, V1STARA HOUSE blends contemporary designs and smart
For leisure, residents can enjoy a game room, cinema, and clubhouse, along with a BBQ area and lounge. A dedicated four-storey parking structure ensures ample space and security for residents’ vehicles. Homes come equipped with a smart home ecosystem that allows residents to control lighting, climate, and security from their mobile devices, while a smart locking system ensures seamless, keyless access and enhanced safety, the firm said in its statement.
As Dubai’s affordable housing segment becomes a focal point for developers and investors in 2025, Object 1’s entry with V1STARA HOUSE highlights a strategic approach to market timing, product positioning, and community integration. With rising end-user demand in Al Furjan, the project emerges as both an attractive lifestyle choice and a forwardlooking investment opportunity.
LEADER
Tatiana Tonu is CEO of Object 1.
Majid Al Futtaim appoints main contractor for Plagette 32 and Amara
The two new residential developments are taking shape in the developer’s flagship lifestyle destination in Dubai, Tilal Al Ghaf
Majid Al Futtaim has officially appointed United Engineering Construction Company - Dubai (UNEC) as the main contractor for Plagette 32 and Amara, two landmark residential developments within Tilal Al Ghaf, the developer’s flagship lifestyle destination in Dubai.
UNEC is a multi-award-winning general contracting company with over 40 years of regional expertise, brings a proven track record in delivering high-quality, large-scale projects across the UAE, said a statement from Majid Al Futtaim.
Valued at US $199mn, the contract encompasses the full scope of works for 148 luxury villas, including their interior fit-out, as well as the shell and core construction of the Beach Club. It also includes in-plot and public realm landscaping, gatehouses, ancillary
structures, and shallow infrastructure, ensuring the comprehensive delivery of both developments.
“Breaking ground on Plagette 32 and Amara marks a significant milestone forward in bringing our vision for Tilal Al Ghaf to life. These developments reflect our unwavering commitment to crafting exceptional, design-led communities that harmoniously blend natural beauty, architectural excellence, and elevated living. The appointment of UNEC as our main contractor reinforces our focus on quality, innovation, and delivering on refined, future-forward homes. We look forward to seeing these residences take shape and to welcoming our residents to a new era of sophisticated living,” said Ahmed El Shamy, CEO of Majid Al Futtaim Properties.
Engr Abdul Halim Muwahid, Chairman of UNEC added, “We at United Engineering Construction are proud to be awarded and entrusted with the delivery of two of Dubai’s most
AMENITIES
The Tilal Al Ghaf masterplan includes a number of amenities such as Lagoon Al Ghaf, a park as well as several health and fitness facilities.
CONTRACT AWARD
The contract encompasses the full scope of works for 148 luxury villas, including their interior fit-out, as well as the shell and core construction of the Beach Club.
anticipated residential developments.
Our long-standing expertise in highquality construction, paired with a deep commitment to excellence, will guide every stage of Plagette 32 and Amara’s development. These projects set a new benchmark for luxury living, and we are honored to play a role in realising Majid Al Futtaim’s bold vision. With a shared focus on quality, innovation, and precision, we look forward to bringing these exceptional communities to life.”
Exclusive Offering
Plagette 32 is one of the exclusive waterfront neighbourhoods within Majid Al Futtaim’s Tilal Al Ghaf, designed to offer residents a refined
yet relaxed lifestyle that feels like a permanent escape. It brings together sophisticated architecture and resort-style living, with interiors curated by the acclaimed Bergman Design House, a luxury studio with a portfolio spanning high-end hospitality, residential, and even superyacht projects, said a statement from the firm.
Comprising 28 elegant Club Villas and four striking Water Bungalows, each home features private gardens, expansive terraces, and fluid indooroutdoor spaces that embrace Dubai’s year-round sunshine. At its centre, a vibrant Beach Club, in partnership with Sunset Hospitality, will anchor the community with elevated leisure and dining experiences.
Just a short stroll away, Amara offers a distinct take on modern community living. The neighborhood will feature 116 twin villas set around a landscaped central park, where water features and green spaces weave through the
development to create a calming, nature-first environment. With a focus on eco-conscious materials, contemporary design, and seamless connectivity between homes and shared spaces, Amara is poised to become a serene, design-forward sanctuary for families and individuals alike, it added.
The Tilal Al Ghaf masterplan comprises 11 neighbourhoods thus far and even features what’s billed as the GCC’s first Net Positive mosque. The mosque was officially opened in November 2024 and is said to integrate sustainable and modern design practices in support of the UAE’s Green Agenda 2030, ensuring energy efficiency, resource optimisation, and minimal environmental impact.
The mosque’s construction incorporates advanced mechanical, electrical, and plumbing (MEP) systems, renewable energy sources, and sustainable building practices designed to achieve a Net Positive status.
Khazna Data Centers expands into Türkiye
The announcement comes against a backdrop of sustained interest and investment in AI within the country
Khazna Data Centers (Khazna) has plans to build an artificial intelligence (AI) capable data centre in Türkiye. It will have the potential to handle a capacity of up to 100MW. The company says it has also secured a site in Başkent, OIZ, Ankara. The announcement comes after a surge in interest and investment in AI within the country. Stanford University’s Artificial Intelligence Index for 2025 revealed
a 198% increase in AI talent concentration in Türkiye between 2016 and 2024. Moreover, this development follows the signing of several memoranda of understanding (MOUs) and strategic agreements worth over US $50bn between the UAE and Türkiye in 2023, said a statement.
With the increasing global expansion of hyperscale data centres, Khazna said it will serve as the foundation layer for digital infrastructure by empowering governments, businesses, and societies, ensuring that these entities can thrive in the digital age. The company’s data centres are designed to handle high-density computing demands essential for the nextgeneration of AI-powered applications to drive the future economy, said the statement from Khazna.
The new data centre in Ankara is said to have been designed with the flexibility to host a variety of workloads, ranging from AI to cloud and other critical applications. While the first phase will constitute a cloudfocused design, the modular facility can be expanded and adapted to meet evolving demands across diverse technological requirements, ensuring robust support for future innovations.
As with Khazna’s other facilities, the new data centre in Ankara will be built to maximise operational efficiency. The design will incorporate features to enhance energy efficiency and minimise environmental impact. These include the use of low Global Warming Potential (GWP) refrigerants that do not contain Hydrofluorocarbons (HFCs), the integration of solar photovoltaic (PV) panels, and the use of low-carbon and recycled materials.
Additionally, the facility will explore the use of solar water heating systems,
as well as employ high-efficiency adiabatic chillers that maximise the use of free cooling where possible. The design also incorporates systems for reusing wastewater and generators capable of running on Hydrotreated Vegetable Oil (HVO) fuel, further reducing the facility’s carbon footprint.
“We’re proud to be supporting the efforts being made in Türkiye to create an advanced economy with AI at its heart, and we hope to be able to provide the foundation layer for this. We believe this data centre will add to the country’s impressive economic growth, encouraging innovation and accelerating digital transformation,” said Hassan Alnaqbi, CEO of Khazna Data Centers.
Saeed Thani Hareb Al Dhaheri, Ambassador of UAE to Türkiye added,
“Khazna Data Centers' expansion into Türkiye is a testament to the deepening ties between our countries. Relations with Türkiye are of great importance within the UAE’s strategy to strengthen its partnerships, expand its relations and reinforce bridges of cooperation in all fields.”
Khazna is due to appoint a general contractor in Q2 2025 following this facility’s completion, intends to continue investing in Türkiye and expanding its data centre network.
FLEXIBILITY
The new data centre in Ankara is said to have been designed with the flexibility to host a variety of workloads, ranging from AI to cloud and other critical applications.
U.S. halts construction of
Equinor’s
Empire Wind Offshore Project
The U.S. Department of the Interior has ordered a halt to construction on Equinor’s Empire Wind offshore project, citing concerns over insufficient environmental analysis during the approval process.
Empire Wind, located 12 nautical miles south of Long Island, New York, is one of the most ambitious offshore wind projects in the region. Developed by Norwegian energy firm Equinor, the project was approved by the Biden administration in November 2023 and had already begun early construction.
Madrid F1 Track project secured by Acciona and Eiffage Construcción
Madrid, Spain, will soon be home to a new Formula 1 racing circuit, and the job of building it has been awarded to two construction companies Acciona and Eiffage Construcción. The circuit, named Madring, is set to host its first Formula 1 races in 2026.
The Madring project was originally budgeted at US $118.8mn but the two companies offered to build it for $89mn. Acciona owns 60% of the partnership while Eiffage owns 40%. This JV now has the responsibility to turn Madrid into a Formula 1 destination.
Kenya cancels $1.39bn highway deal with Vinci
The Kenyan government has terminated a US $1.39bn highway expansion agreement with Vinci Highways. The project could potentially be awarded to a Chinese contractor, as confirmed by government officials and sources familiar with the matter.
The project, initially signed in Paris in 2020 during a visit by then-President Uhuru Kenyatta, aimed to transform a 140km single-lane road into a multi-lane highway connecting Nairobi to Nakuru, a city in Kenya’s Rift Valley region.
03 KENYA
SSH completes phase 2 of Kuwait Waterfront Development
SSH has announced the successful completion of Phase 2 of the Kuwait Waterfront Development. Following the initial launch of the project in Q1, Phase 2 marks a milestone in the wider transformation of Kuwait’s coastline.
Spanning five km, this phase extends from the Green Island to the Yacht Club in Salmiya. It forms part of a vision, a 9.7km stretch of the waterfront, designed to revitalise the area into an accessible and sustainable urban destination.
Acciona obtains ISO 50001 Energy Management Certification
Acciona has obtained ISO 50001 energy management system certifications for the Umm Al Houl and Ras Abu Fontas 3 desalination plants in Qatar. The certifications are the first of its kind for ACCIONA internationally, highlighting the company's commitment to energy efficiency and sustainability in the operation of desalination facilities.
Both plants are operated by Acciona for Qatar General Electricity & Water Corporation, and have a water supply capacity equivalent to 2.9m inhabitants.
Omran unveils the design of Club Med Musandam Resort project
Oman Tourism Development Company (Omran Group) unveiled the design of Club Med Musandam Resort, the first of its kind in the Middle East. The resort will offer an all-inclusive luxury experience in Musandam with the aim of strengthening Oman’s profile as a high-end, sustainable tourism destination. The architectural design was selected through the Club Med Musandam Design Competition, an international contest launched at the end of last year to elevate the resort’s appeal and sustainability.
05 QATAR
04 KUWAIT
06 OMAN
Transforming real estate delivery in the Kingdom
PPPs can drive Saudi Vision 2030’s ambitious development goals according to JLL’s Sean Doherty and Osama Bashir
Some of the key advantages of PPPs include attracting higher levels of foreign investment, improving public services, and diversifying the economy beyond its reliance on oil.
Saudi Arabia is experiencing an unprecedented scale and pace of real estate development. To meet the ambitious targets outlined in Saudi Vision 2030, various delivery models and collaboration between public and private sector resources are essential. Public-private partnerships (PPPs) have proven to be an effective way to enhance the private sector's role in helping governments achieve objectives.
PPP is a long-term contractual agreement in which private sector institutions are typically involved in financing, designing, constructing, and sometimes operating public assets. While the PPP model in Saudi Arabia is not new, its application has mainly focused on infrastructure projects such as roads, bridges, ports, and airports. In recent years, however, PPPs have gained traction in real estate project delivery.
This trend initially began with schools, hospitals, and other projects traditionally managed by the state, but it is now expanding to various real estate market sectors. A number of different PPP formats are being utilised including Design-Build (DB), DesignBuild-Finance-Maintain (DBFM), Design-Build-Finance-Operate-Maintain (DBFOM) Operation and Maintenance Contracts (O&M), Build-Own-Operate (BOO), Build-Own-Operate-Transfer (BOOT), Buy-Build-Operate (BBO), Build-Lease-Operate-Transfer (BLOT), Operation License, and Finance Only.
Benefits of PPPs
PPPs are being increasingly applied in KSA, offering benefits through government and private sector collaborations. Key advantages include attracting higher levels of foreign investment, improving public services, and diversifying the economy:
Capital efficiency: One of the most immediate benefits to the Kingdom is capital efficiency. By leveraging private sector investment, the government can undertake large-scale projects without immediately straining its budget. Not only is the CAPEX model more refined, but more focus is certainly placed on OPEX models and the overall whole life-cycle costs. This is particularly important as Saudi Arabia seeks to modernise its infrastructure and real estate in line with Vision 2030's broader economic transformation goals.
Accelerated project delivery: Another significant advantage is the speed at which projects can be delivered. With access to capital, higher risk tolerance, focus on innovation, and profit-driven incentives structure, the private sector can deliver projects more quickly and efficiently. Earlier contractor involvement is a must in assisting and finalising the expected outcome of delivery. A key aspect of PPP is that change in design during construction is often less likely to happen, and therefore, the end dates are more certain to be achieved. In short, increased private sector participation is essential for meeting the tight and ambitious timelines outlined in Vision 2030.
Enhancing quality and innovation: Greater private involvement has the potential to shorten, if not be more certain, on delivery timelines and typically leads to better quality and more innovative projects. Competition among private companies drives the adoption of advanced technologies and best practices, ensuring that the completed projects are functional and state-of-the-art.
Job creation: The private sector has historically taken a backseat in delivering major infrastructure and
real estate projects in Saudi Arabia. However, as it begins to assume a more prominent role, there will be an increase in private-sector job opportunities in areas such as finance, legal, construction, operations, and management. This shift supports two key objectives of Vision 2030: economic diversification and employment growth in the non-government sector.
Risk sharing: Another attractive aspect of PPPs is their ability to share financial and operational risks associated with large-scale public projects between the public and private sectors. This means that the government doesn't actually bear the entire burden of unforeseen costs or delays. Such risk-sharing safeguards public funds and encourages private
The upcoming FIFA World Cup in 2034 could act as a catalyst for the greater use of PPP arrangements in the Kingdom.
investors to be more efficient, knowing that risks are shared and mitigated.
Early contractor engagement: PPPs also allow for earlier engagement of contractors in the project design phase, providing them with greater flexibility to innovate and influence decisions. It enables contractors to make more informed choices on delivery timelines and construction methods, increasing the likelihood of projects being completed on time and within budget.
Challenges and lessons
While Saudi Arabia has made significant strides in adopting the PPP model in recent years, there are still lessons to learn from more mature markets globally where PPPs are well-established.
Recent changes, such as the introduction of the PSP Law, are significant steps forward, but a more solid foundation of laws, regulations, and best practices is essential to attract sustained private sector interest. Investors need clear, reliable rules to reduce risk and enhance their returns.
Saudi Arabia is also in the early stages of building capacity within its government and local private sector institutions to effectively manage and oversee PPP projects. While private companies bring technical expertise and efficiency, the public sector must be equipped with the knowledge and tools to manage these partnerships. This includes the ability to negotiate contracts, monitor progress, and ensure accountability and transparency.
As the country develops these competencies, it will improve the effectiveness of its PPP framework and increase the success rates of this required private sector investment.
TIMELINES
JOB OPPORTUNITIES
As the private sector assumes a more prominent role in the delivery of projects, there will be an increase in job opportunities in areas such as finance, legal, construction, operations, and management.
Future of PPPs in the Kingdom
Looking forward, Saudi Arabia's commitment to expanding the use of PPPs is clear. The government has announced its intention to roll out more than 200 structured projects worth US $50bn through the National Center for Privatisation and PPP (NCP). These projects span healthcare, education, transportation, and renewable energy sectors. More ambitious investments, characterised by joint ventures with different companies controlled by the Public Investment Fund (PIF), are also included.
Giga projects like the $500bn Neom Megacity, Red Sea Global, Qiddiya, ROSHN, King Salman Park, and Diriyah would all greatly benefit from private sector participation in
their development and operational phases. As the country continues to refine its regulatory environment, expand private sector participation, and encourage international collaboration, the scale and sophistication of its PPP projects will grow.
The upcoming FIFA World Cup in 2034 could act as a catalyst for the greater use of PPP arrangements in the Kingdom. Maximising the potential benefits of this single event will require the creation of not just football stadiums but also supporting facilities, infrastructure, and mixed-use developments surrounding multipurpose arenas. These projects would be an ideal opportunity to create PPP structures to attract the experience and expertise (as well as financial investment) from Asia, as well as the Middle East, Europe and the Americas.
As Riyadh prepares to host the World Expo 2030, numerous opportunities will emerge across sectors, including infrastructure, accommodation, renewable energy, tourism, and technology, encouraging
private sector participation in large-scale, sustainable initiatives. Supporting the Expo's implementation and its supporting elements, such as hospitality, may also drive forward Vision 2030 initiatives, particularly as the government reviews and adjusts current investments in response to both success and growing demands.
In conclusion, while Saudi Arabia is still developing the necessary legal framework, the case for a greater need for private sector investment through the use of PPPs is compelling, and the potential benefits are immense. With more efficient use of government capital, faster delivery times, increased job creation, and greater risk-sharing, PPPs offer a strategic way to deliver the range and scale of real estate development required to support the Kingdom's future economic growth. In doing so, Saudi Arabia has the potential to become a global leader in PPPs, unlocking new opportunities for economic growth and social advancement that the public or private sector would be unable to achieve alone.
STRATEGIC PARTNER
STRATEGIC PARTNER
ASSOCIATE PARTNER ASSOCIATE PARTNER
DEVELOPER CONCLAVE
BIG PROJECT ME TALKS TO SENIOR REPRESENTATIVES FROM SIX DEVELOPERS ABOUT THE REAL ESTATE SECTOR IN DUBAI, WHAT’S DRIVING PURCHASING DECISIONS, THE DEVELOPMENT CHALLENGES THEY FACE AND HOW THEY’RE ADDRESSING THEM
Dubai’s real estate market has experienced significant growth post pandemic, driven by key government initiatives, a healthy economy, an influx of residents and tourists, and strong investor confidence. According to industry data, in Q1 2025, the real estate sector in the emirate recorded a total sales value of approximately US $38.9bn across the various different property segments. Compared to Q1 2024, which saw total sales value of $29.1bn from 37,000 transactions, the Q1 2025 performance represents an improvement of 33.67%.
Data also revealed: that plot sales transactions surged by 193.8% amounting to $9.7bn from nearly 3,000 deals; a 43.1% increase in villa sales totalling $11.2bn; a 12.6% increase in apartment sales totalling $17bn, and commercial property sales rising by 25.2%, with total sales of $980mn.
The city also continues to play host to high-value transactions for standalone apartments and villas – Q1 2025 saw a luxury villa in Dubai Hills Estate sell for $38.1mn, while a premium apartment in The Rings 1 at Jumeirah Second sold for $31.6mn. The real estate sector’s strong performance has seen the market expand significantly in terms of the number of developers offering real estate products, with independent developers adding significantly to the city’s development pipeline.
In March 2025, Big Project Middle East’s (BPME) Jason Saundalkar and Priyanka Raina sat down with six independent developers, to discuss the performance of the real estate market in 2024, their expectations for the future, the challenges they face post pandemic and how they grapple with them.
Discussing their performance in 2024 and their expectations for 2025, the six participants all said that 2024 was a strong year, and believe that 2025 will be even better. “2024 was fantastic for us, the market was growing and the appetite was very high, especially for the category of real estate that we focus on, which is affordable luxury for investors and end users. I believe this will continue going forward, driven by a number of different elements. Overall, 2024 was a great year for HRE and I believe that 2025 has even bigger potential,” says Wissam Breidy, CEO, HRE Development.
Patrick Rouse, Chief Development Officer at Deyaar Development joined the firm in 2024 and notes that the firm grew its revenue significantly. He explains, “We launched four projects last year and our first project in Abu Dhabi. The capital is a new market for the company and we’re looking to continue developing there going forward. Our projects
While I think there are enough contractors at this level, due to the sheer amount of development that’s going on, they can pick and choose who they want to work with, and a lot of them are expensive to work with.
in 2024 were spread across Dubai and saw the firm grow its revenue significantly compared to what it achieved in 2023.”
Michael Belton, Chief Executive Officer, MERED adds, “Last year we had a number of accomplishments; we began construction of our nearly 300m tall tower in Dubai Internet City – ICONIC Residences, design by Pininfarina. We kicked off sales in October and we’re about 43% sold which is great for a new player in the market. In addition to that we purchased two sites last year in Abu Dhabi and we'll be building 950 units and the plans are for us to acquire two more sites. Right now, land prices
REAL ESTATE DEMAND
Each developer that participated in BPME's first developer-led roundtable in March is confident that, all else being equal, supply will not catch-up with demand for at least another three- to four-years.
are through the roof, so it takes a bit of thinking to make projects work - I think an interesting concept is absolutely critical. So overall, I think 2024 was a good year for us, the last quarter sales in particular were very good.”
Jake Jacobs, Chief Operating Officer, LEOS International continues, “Every market has its ups and downs obviously but 2024 was definitely a great year for us. We tracked record sales during our third full year in Dubai with seven launches across different segments including entrylevel and mid-level luxury projects. I think the beautiful thing about bringing more products to the market is you attract different people from around the world - we’ve found having a portfolio of different products extremely useful. Dubai is our global HQ and we’re now looking to expand into other markets across the UAE.”
“We’re keeping a close eye on the market and studying our offerings to make sure what we offer stands well in the market. We’re always looking for new ideas and new things we can do in terms of amenities and design, and are committed to making sure its modern and the best that we can provide to our customers.”
Kabir Joshi, Chief Executive Officer, Vantage Developments remarks, “We are a two year old firm and we’ve worked hard to differentiate ourselves in the market by being extremely data- and design-driven, which also meant we needed to find the right core development partner, which we found in Vittoria Group Costruzioni. 2024 was a great year for us; we launched two projects in Jumeirah Village Circle (JVC) including LIVEL Residenza, a $100mn project that brings Italian sophistication to Dubai’s real estate landscape. We’re neighbors with HRE and the response from the market despite us being a first time developer has been great.”
“Last year we also inked a deal with Venere Group, a globally-renowned Italian manufacturer that supplies components to high-end car brands and racing teams. The collaboration will see the Venere Group unveil its prototype Italian supercar, while we simultaneously introduce a new $50mn residential tower in JVC, Dubai,
featuring exclusive Italian design elements from the group. So yes, 2024 was a great year and I anticipate yet more exciting things in 2025 and beyond.”
Somendra Khosla, Founder & Chairman at SOHO Development notes that his firm is focused on delivering living experiences that separates the ordinary from the extraordinary. “We’ve been around since 2009 and have made a name for ourselves by delivering meticulously curated homes that blend luxury, functionality and refined living. We tend to focus on projects in prime beachfront and parkfront locations, including SOHO on Palm West Beach, a number of exceptional villa developments on Fronds I,
N and G of Palm Jumeirah and twin residential buildings in Dubai Hills. We recently began the construction of both The Berkeley and The Gramercy, the market response to both projects has been fantastic and we anticipate the timely delivery of both projects in Q4 2026,” he states.
Diverse Customer Base
Discussing their respective customer bases, the group highlights a diverse base of customers driven by a variety of factors post pandemic.
Belton states, “Our split is roughly 85% European with the remaining 15% coming from India and Pakistan. We have no Chinese buyers at all and with regards to interest from nationals within the GCC countries, it’s somewhat limited. Within the UAE, we see Emirati buyers from Abu Dhabi who view these purchases as investments, so they’ll either buy to flip or rent out and keep the rental income.”
Margins here are still very good compared to other markets like the UK where you have to take on a lot more debt and there’s a lot more taxes, time and complexity involved with securing permits.
ONE HALF OF A FATHER-SON DUO
Somendra Khosla is the Founder & Chairman of SOHO Development, a firm which he runs with his son Sahil Khosla.
What they've done here is visionary, more and more people are seeing the emirate and the country as a longterm option.
SEASONED LEADER
Patrick Rouse, Chief Development Officer, Deyaar Development.
Jacobs comments, “There are a lot of drivers for why people are considering property in the UAE in cities like Dubai. The market is progressive and it’s robust in terms of frameworks that are in place compared to 10- or even five-years ago, so people see it as mature and safe place to invest. There are a lot of issues in Europe at the moment and a lot of bureaucracy that is causing more and more people to consider this market as a choice for a second home destination or even purely for investment.”
“Our split has been 70% European and 30% ‘local’. When I say local, I mean expats living in Dubai, and it really depends on the product you are building. So the
locals who are buying from us are mostly end users, and they're buying our biggest two bedroom plus made room unit because it makes sense now given rental costs versus what you have to pay towards your mortgage each month. We see demand from a lot of European nationals, as well as those from the United States and Canada. With the latter two countries, it’s driven by two main factors – what’s going on over there in general and the lifestyle you can have in Dubai,” highlights Joshi.
He continues, “It’s not because this is an income tax free market or there are lower taxes in general on other things but because you can have great quality of life here. If you look at the homes being built here versus what is on offer in those markets in terms of quality, size, amenities etc, there’s no comparison. Asian buyers are the top buyers at the moment but going forward, I think we’ll see a bigger share of buyers from the States and Canada in the next three to five years.”
Breidy adds, “I believe people are not investing to try and generate a return on investment, they’re investing in the Dubai story. The Government of Dubai has a Vision that it is delivering on every day and I completely agree that quality of life is great here. The leadership and their focus on constantly improving the city and the country is unique, and something you don’t see across the whole region. This is a big factor in people’s decisions to come to Dubai.”
“In Dubai and the UAE, trends are driven by expats who comprise the majority of the population. We have so many different nationalities moving here to enjoy the lifestyle or to achieve their goals. If you consider young people, they are hungry and they want a safe place to succeed and thrive. On the other hand, for those who are established and earning millions of dollars a year or more, you can have your home and office in the centre of town, have a staycation villa in one of the other emirates
which is a short drive away, and travel to other global cities easily due to the city’s location. Going forward, as the city continues to grow, I believe it’s important to offer affordable living and even affordable luxury living,” he says. Rouse agrees saying, “What they've done here is visionary, more and more people are seeing the emirate and the country as a long-term option. We’re seeing more universities being developed and a lot more schools, so it’s no longer the case that the kids have to go back home or to another place for their studies. For families with kids or even those who are single, Dubai is one of the safest cities in the world. And now you also
You can still adjust your margins without compromising quality. At some point every major business has had to make good with the fact that the margin is now not exponential but still good enough.
FOCUSED ON THE EXCEPTIONAL
Kabir Joshi, Chief Executive Officer, Vantage Developments.
have state of the art hospitals opening here and great healthcare overall. This city is also one that invests in infrastructure ahead of time, even during the downturn years post 2008, the infrastructure development kept going, and that’s created a world class city today.”
New Market Realities and Development Challenges
While all of the roundtable’s participants are confident about the future of real estate in Dubai and other markets in the UAE, there are a number of challenges that developers and their construction partners face, particularly in the post-pandemic era. This includes rising land costs, logistics challenges and rising shipping costs, material cost inflation and others.
Asked about the impact these challenges have had on projects and how developers can still offer quality products that respond to market demands at a compelling price
INTERNATIONAL FOCUS
Jake
Jacobs, Chief Operating Officer, LEOS International.
point, Belton responds, “One advantage that we benefit from is that one aspect of costs are very low. You cannot build anywhere in Europe or the United States for the cost that you can build here. Here it’s approximately $2,100 per sqm when considering a 300m tower, whereas it's $6,000 per sqm in Europe and $8,000 per sqm in New York, so we benefit from the low labor costs that are here.”
“On top of that you can secure permits and begin building quite quickly here. Land prices are an issue but there’s a lot of land, so you can find a plot in an area that you can work with and build a concept around. I think we're still trying to keep land prices under 20% of the project budget
Asian buyers are the top buyers at the moment but going forward, I think we’ll see a bigger share of buyers from the States and Canada in the next three to five years.
One advantage that we benefit from is that one aspect of costs are very low. You cannot build anywhere in Europe or the United States for the cost that you can build here.
whereas on a really high-end project, it could be as high as 50% of the project budget. But yes, there’s a lot of land and it’s something I constantly look at to see if it’s right for us.”
Joshi adds, “The velocity and escalation of sales prices offsets some of these inflationary problems that you mentioned, and yes, of course construction costs as well. Another thing that adds challenges is there’s a development boom in the region, if you look at neighbouring markets like Saudi Arabia for example. A lot of consultants and contractors are engaging a lot of their resources on those giga-projects, so there’s a skill shortage which has given rise to increasing cost of construction. But, as Michael pointed
out, we’re still building for far less here that is possible in a lot of countries around the world, and we’re still making our returns tax free. So I don’t think you need a big shift within the development community to stay profitable, you can still adjust your margins without compromising quality, it’s something that has happened in other sectors like gold and textile trading for example. At some point every major business has had to make good with the fact that the margin is now not exponential but still good enough.”
Khosla agrees noting, “Margins here are still very good compared to other markets like the UK where you have to take on a lot more debt and there’s a lot more taxes, time and complexity involved with securing permits etc.”
Here Belton steps in pointing out, “The speed of what can be done is a critical factor when you’re talking about your returns. Another thing is pre-sales are quite a big thing here whereas they aren’t as widely seen in
HEADQUARTERED IN DUBAI
Michael Belton, Chief Executive Officer, MERED.
The leadership and their focus on constantly improving the city and the country is unique, and something you don't see across the whole region.
BUILDING WITH PURPOSE
Wissam Breidy, Chief Executive Officer, HRE Development.
other markets. With the escrow system in place here, people are comfortable with putting their money into pre-sales, so while construction costs and material costs are increasing, and there is a skill shortage, you can still maintain the same quality or better because your rate of return is very healthy and you can run a debt free model, as we do. In contrast, in markets like the UK, most projects are geared up with debt, sales are extremely slow and there’s a long lead time where you can be on a project for two years waiting for permissions and approvals.”
“That said, being new to the market, we did face a challenge with securing a Tier 1 contractor. While I think there are enough contractors at this level, due to the
sheer amount of development that’s going on, they can pick and choose who they want to work with, and a lot of them are expensive to work with. So, that’s a challenge we had to grapple with before we secured one.”
Joshi summarises, “The market has an intelligent way of adapting to these things, which are not necessarily controlled by anybody, but it's the market reaction to a situation. Everyone on this table wants the same outcome from their project - if this was a table of contractors, they would want the same outcome from their projects as well. So, people find ways to make things work, if cement or steel is up in terms of cost, it’s not an issue, you can buy for three projects in advance. We've got about 1.2m sqft of GFA in the pipeline and we are signing contracts now because we want to secure prices. Of course, we may also lose out because the prices may correct, but that's a gamble you have to take. There’s a lot of background number crunching and multiple Excel sheets that you love and hate at the same time.”
A HOTBED OF INNOVATION
BURO HAPPOLD’S HRVOJE CINDRIĆ SAYS THAT THE REGION HAS EVOLVED, AND IS NOW THE PLACE TO FIND TRUE INNOVATION AND CREATIVE SOLUTIONS TO ONGOING CHALLENGES IN THE BUILT ENVIRONMENT
The seven countries that comprise the Gulf Cooperation Council (GCC) have been investing heavily into the development of real estate and infrastructure over the last 20+ years. These investments have been driven by several different desires, which has resulted in the conception and delivery of projects that are unparalleled in terms of their ambition, scale and complexity.
Traditionally, bringing these projects to life has seen international and regional construction companies bringing in talent and expertise from foreign markets, develop local talent and/or split complex workloads between teams on the ground and those that are overseas. In conversation with Jason Saundalkar, Head of Content at Big Project Middle East, Buro Happold’s Hrvoje Cindrić says that the region has evolved and is now actually a place where innovation and excellence emerges from.
Cindrić was recently appointed as the firm’s Global Urban Strategies Lead for a team of urban planners, economists and designers across
Buro Happold's network of offices, and says his appointment is a testament to his statement.
“I first came to the region in 2010. Back then it was about doing more international and greenfield work that I had started doing in London, after years of primarily doing regeneration work. Fast-forward 11 years, I joined Buro Happold as I was keen to join an organisation that has a genuine interest and real commitment to the Middle East. My remit was to develop a local team of urbanists to complement the work that was primarily done by the teams in the UK, US and Europe,” he says.
“Four years in, not only has that team in our Riyadh and Dubai hubs grown to almost 30, but it is going from strength to strength, expanding our services. Many of
MEGA PUBLIC TRANSPORTATION PROJECT
The Riyadh Metro is the longest driverless metro system in the world and was developed at a cost of US $22.5bn.
my peers will share the experience that the last couple of years were extremely busy in the region, and in those times, we are focused on our clients and their projects, often working in our own little bubbles.”
“My new role as Global Lead of what we call Urban Strategies at Buro Happold is to bring our skills and experiences together into one collective offering. And in the same way that what I have learnt in Europe working on regeneration projects, I now see the value of bringing back all the visioning experience to the rest of the world from the Middle East,” explains Cindrić.
Discussing his goals for 2025 and how he plans to achieve them, he states, “For me, it is all about breaking down biases. We are faced with massive global challenges, triggered by first and foremost climate change, and the social and geopolitical changes that ensue, paired with almost unbelievable technological progress. We cannot predict where all this will take us, importantly though I believe the Middle East is at the forefront of those challenges. Where else do we see the need, urgency and vision to explore opportunities addressing those challenges coalesce at scale?”
“This drastic juxtaposition of opportunities and constraints is making the Middle East a fascinating place to be for any urbanist. With that I also see the
CONSTRUCTION PIPELINE
The ongoing projects across the GCC region currently have a valuation in excess of US $1.68tn, with key markets such as Saudi Arabia and UAE investing significantly into the development of real estate and infrastructure.
region moving into an ever more central role of being a hotbed of built environment exploration and innovation.
I am personally committed to change the way this part of the world is seen, and shares success – and failures – with the world, on what we have learnt.”
Regional Market Evolution
Cindrić is convinced the region has evolved compared to when he first arrived, and believes it is the place to find groundbreaking innovation and solutions to local issues.
“In 2017 I embarked on an exercise that culminated in an exploration into the future of cities in arid environments. Originally, I was interested in capturing what in my mind –and those of colleagues, collaborators, clients and friends – the cities of the Middle East needed to focus on as they evolve. This quickly morphed into global exploration, identifying many opportunities for global knowledge exchange. What was clear then already is that much of the
COMPLEX STRUCTURE
Dubai’s Museum of the Future is said to be one of the most complex structures in the world. Buro Happold provided a range of services on the project including acoustics, bridge engineering and civil structures, façade engineering, waste management and more.
groundbreaking innovation was coming from the Middle East, which was followed by a realisation that importing global solutions is not the way to solve local issues.”
He adds, “With the increasing investment triggered by that realisation, I believe it is now abundantly evident that the Middle East is emerging as an innovation hotbed. A lot of the criticism of projects in the Middle East is centered around the sheer audacity of vision that they manifest. I like to think of them however as a fascinating petri dish of innovation that the whole world can learn from – both from its success and failures.”
While a number of construction companies have invested significantly in identifying and cultivating local talent and solutions, there are still cases where client requirements sees construction companies recruit expertise from developed markets to design and deliver projects.
Pressed for his thoughts on this client-centric issue, Cindrić responds, “It is only natural to succumb the allure of the global expertise. The reality however is that we cannot simply transplant something that worked in New York or Singapore and apply that to the Middle East. For one, there is of course climate and culture, but more importantly is economics and politics. The qualities that Singapore for example is known for stem from the constraints on land this incredible island nation has and will be continued to be faced with. Innovation often comes from scarcity, and we are not short on land. Hence, our learning opportunities are more complex.”
“With that I see the value of a more global, and critically more elastic approach of thinking about the challenges in the built environment. The secret sauce in my mind is pairing a grounded local experience with an inquisitive global outlook. We practice what we preach, and I see more and more clients demanding the best of both worlds. I think the days of helicoptering in talent that create a project and disappear almost as fast as they came is largely a thing of the past. Many clients have learnt the fallacy of thinking that a great international concept can be completed locally the hard way, and I see a realisation that continuity in quality is key.”
On the construction company side of things, another issue continues to persist – technical work is sent offshore to teams in other markets while clientfacing roles are based in the region. Cindrić notes that this has been the case since he first came to the region but believes the approach doesn’t really work. He explains, “This offshoring is very tempting, but I can explain why in my opinion it is laden with challenges. We are still largely dependent on human talent when taking projects through the design stages. As mentioned before there is a fallacy in believing that a concept includes
What was clear then already is that much of the groundbreaking innovation was coming from the Middle East, which was followed by a realisation that importing global solutions is not the way to solve local issues”
sufficient depth to be continued by someone else who is not invested. People need motivation, and money only goes someway, with purpose being a key ingredient. It takes no genius to see how pairing one with the other is critical, hence I believe it can only work when both parties have mutual respect for each others’ contributions.”
“Added to that, clear communication is difficult enough as it is. To think that one can seamlessly take what a client says, and convey that to someone that doesn’t understand context, and expect an optimal outcome, is wrong - especially if we don’t respect that technical input in response to client ambition.”
Retaining Talent
Talent retention has been something of a challenge for the region, with high performers moving to other markets in search of different opportunities or a change of lifestyle. This is something GCC governments are well aware of and there is a significant focus on attracting and retaining talent via a number of different schemes and initiatives.
Asked for his views on this subject, Cindrić actually says that while this may have been prominent a few years ago, he doesn’t believe this to be the case now.
“I see that a lot of investments that some of the more successful cities in the region have made are paying off. One good indicator is for example my home Abu Dhabi no longer triggers additional hardship payments for diplomatic staff that get rotated in. This means that the region is increasingly becoming a destination of choice. It is critical however for talent to avoid resting on their laurels and keep working and improving - I see lots of creative ways in which cities in the region are trying to increase their competitiveness. The peak of extravagant landmark architecture manifesting ambition has passed, and I see a realisation of investing into quality of life.”
There is considerable pressure on fees and salaries in the built environment, while the cost of living has also skyrocketed in several GCC markets post the outbreak of the COVID-19 pandemic. Asked about his thoughts on this and how companies can address this issue, Cindrić says, “This is not an isolated issue of the built environment industry. To a large extent, the region is a victim of its success, as the cost of living increase is driven by new arrivals putting pressure on schools, housing, the cost of moving etc.”
“The only thing we can really do is to continue investing, in public transport, a variety of housing options, and in
making sure we have the right community facilities available for the demographics we want to attract and retain.”
“That said, it isn’t all negative - I remember how extortionate buying fresh salads used to be when I first arrived in the UAE back in 2010. Now, with hydroponics firmly established, that has changed dramatically. It might appear to be a small win, but I think it is a good example where innovation and economics come together and create a better equilibrium.”
Shifting focus to the built environment and a widespread challenge that he sees across several markets, Cindrić points out that continuity is perhaps the industry’s biggest issue.
“Over the past 15 years, I have experienced a fair amount of peaks and an equal number of lows. This of course is not unique to the region, but I believe it is more extreme here. With our economies diversifying from carbon, I expect we will see less volatility. With the region’s economies becoming less impacted by market swings in oil prices, I hope to see more predictability - we are being bitterly reminded of that with the current tariff tit for tat.”
“In the Middle East we have the great advantage that leaderships can, and do plan without the risk of election
AMBITIOUS UNDERTAKING
Buro Happold is working with Red Sea Global on The Red Sea Project, which is billed as the world’s most ambitious luxury tourism development, spread across 28,000km2 and encompassing 90 islands.
cycles U-turns on strategic plans and investment. Not wanting to come across as a staunch Keynesian, the region needs to have public projects in the drawers ready to be implemented, when the current private construction boom comes to its inevitable end.”
He concludes, “Investing and maintaining public infrastructure is a must, but I also want to make the case that national governments of the region can help local economies grow and thrive by committing to regular updates of their plans in law. Only with that certainty that project opportunities will come around as mandated, will local service providers emerge. Dramatic stop/starts result in having to continuously rely on helicoptering people in from other markets, as the local talent has had no time to become established or in the worst cases disappears entirety.”
BUILDING A SUSTAINABLE LEGACY
IN CONVERSATION WITH BPME ’S PRIYANKA RAINA, YOGESH BULCHANDANI TALKS ABOUT HIS VISION FOR ECO-FRIENDLY AND FUTURE-ORIENTED COMMUNITIES AND HIS COMMITMENT TO SUSTAINABILITY
As the global climate crisis intensifies and urban populations continue to grow, the need for sustainable, eco-friendly, and future-oriented communities has never been more prioritised. These forward-thinking developments aim to minimise environmental impact while enhancing quality of life through green technologies, renewable energy, sustainable architecture, and inclusive planning. By reimagining how we live, work, and connect with our environment, such communities are not only reducing carbon footprints but also setting the foundation for resilient, adaptable cities that can thrive in a rapidly changing world.
Dubai’s real estate landscape is evolving as the city embraces a more sustainable and eco-conscious future. Known for its ambitious development projects and cutting-edge architecture, Dubai is now channeling its innovation into creating green, future-oriented communities that align with global sustainability goals. From energy-efficient buildings and smart infrastructure to expansive green spaces and renewable energy integration, these developments reflect a growing commitment to environmental responsibility. Dubai’s real estate sector is showcasing what the future, modern, environmentally friendly communities can achieve.
SETTING A NEW
“We are confident that Bellagio will set a new benchmark for luxury living in Dubai, offering residents a truly connected lifestyle within the vibrant Wasl Gate community”, states Yogesh Bulchandani, Founder and CEO of Sunrise Capital.
In a conversation that sheds light on the philosophy and vision behind Bellagio by Sunrise Capital we ask Yogesh Bulchandani, Founder and CEO of Sunrise Capital what inspired the project and why Wasl Gate was chosen as its location, “Bellagio is a response to the evolving aspirations of modern urban residents who seek more than just a place to live they desire a holistic lifestyle anchored in technology, aesthetics, and sustainability. The project was envisioned as a sanctuary where contemporary architecture meets human centered design, creating spaces that enhance well-being and inspire community living.”
“Wasl Gate was selected for its strategic blend of accessibility, connectivity, and livability. Its seamless access to Sheikh Zayed Road and proximity to key infrastructure like the Energy Metro Station, Dubai Hills Mall, and Central Park made it a natural choice. It mirrors Bellagio’s ethos of convenience, growth, and aspirational urban life.”
Upon asking what makes Bellagio stand out in the market compared to similar developments, he shares, "Bellagio distinguishes itself through a fusion of intelligent design and future-ready features. Each of its 255 apartments
Every detail, from the premium finishes to the integration of smart home technology, has been meticulously crafted to offer residents a unique living experience. It truly sets a new standard for luxury in Dubai.
is framed with expansive floor-to-ceiling windows that usher in daylight and panoramic views. What elevates Bellagio is its integration of smart home systems, touchless technologies, and wellness-inspired amenities—features increasingly sought after by discerning buyers post2020. The project also reflects a broader sustainability narrative, blending biophilic design, wellness zones, and communal engagement spaces such as co-working lounges, rooftop yoga decks, and landscaped courtyards. This multi-dimensional living experience positions Bellagio as a benchmark for luxury, function, and sustainability."
Construction Progess
Discussing the progress since site activity began in January 2025 and what’s to come this year, he mentions, "Since construction began this year, Bellagio by Sunrise Capital has achieved significant milestones, including site mobilisation and foundation work. The model unit was completed in Jan 2025, and the official launch was in March 2025. The project is progressing on schedule, with 25% structural work completed, shoring, and piling works on site are also well underway. By the end of 2025, Sunrise Capital aims to complete structural works and commence key internal activities such as façade installation. The
EFFICIENT STRUCTURE
Sustainability is woven into the fabric of Wasl Gate's design, featuring energy-efficient lighting, electric vehicle charging stations, and advanced waste recycling systems. This commitment aligns with the vision of creating future ready communities.
project remains on track for handover in Q4 2027, with a continued emphasis on quality and timely delivery."
On anticipated challenges and strategies to overcome them, he states, "Anticipated challenges include global economic crisis, material cost fluctuations, supply chain constraints, and labor coordination common hurdles in large-scale developments. Sunrise Capital mitigates these risks through proactive project management, early procurement, and long-standing relationships with reliable suppliers. A robust digital tracking system enables real-time monitoring of progress and resources. The project is also guided by a strong design thinking approach and adaptability to evolving market dynamics and sustainability regulations."
Delving into interior design, he describes Bellagio’s philosophy and the use of warm wood accents, "Bellagio’s interiors draw from minimalist luxury where warmth, elegance, and simplicity converge. The use of natural
A FOCUS ON QUALITY
wood tones paired with linear forms evokes a sense of grounded calmness, ideal for residents navigating a fast-paced urban lifestyle. Each element is curated to be both functional and aesthetic, from storage-optimised floor plans to natural lighting that reinforces circadian rhythms. The integration of wellness spaces like gyms, meditation decks, and walking paths ensures that every space enhances physical and emotional wellness."
When asked how long-term build quality and durability are ensured, he explains, "Bellagio is engineered with longevity at its core. The development team adheres to international construction standards and partners with premium suppliers for structural materials, finishes, and fixtures. Our build process incorporates strict quality
checks at each phase, including moisture control, thermal insulation, and corrosion-resistant systems to withstand the Gulf’s climate. Moreover, our commitment extends to post-handover support, with dedicated maintenance protocols and resident education initiatives for long-term asset management."
Sustainability being central to the project, we asked how it’s reflected throughout the development, and what certifications they aim to achieve he says, "Sustainability at Bellagio is not an add-on it’s foundational. The project adopts an integrated approach, from construction to lifecycle. The design optimises passive cooling, daylight harvesting, and natural ventilation. During construction, sustainable procurement practices are followed, including use of regionally sourced and recyclable materials. Smart metering systems, low-flow water fixtures, and energy-efficient HVAC systems ensure operational efficiency. We are currently targeting Dubai Green Building Regulations compliance and are evaluating LEED/Estidama alignment as part of our certification roadmap."
By focusing on projects that emphasise quality, customer care, and innovation, the company is poised to reshape urban communities in the UAE while setting a new benchmark for excellence in the region.
Sustainable Materials
On asking about balancing sustainability and luxury through materials, "Bellagio incorporates eco-conscious construction materials such as insulated concrete blocks for better internal temperature control as it reduces heat transmitted from the sun indoors, glazed windows as per Green building regulations for better insulation, combo waterproofing, low-VOC paints, sustainably sourced wood and high-performance energy-efficient
This project embodies Sunrise Capital's vision of creating communities that are as innovative as they are luxurious, and we are proud to contribute to the transformation of Wasl Gate into a thriving urban hub.
glazing. These choices align with global green building standards while offering a premium design aesthetic. The palette is driven by warm, natural finishes that deliver both luxury and a reduced environmental footprint ensuring comfort and conscience go hand-in-hand."
Regarding energy and water-saving features and their financial impact on residents, he mentions, "The development includes LED lighting in all common areas, smart metering systems for energy consumption, motionsensor lighting for efficiency, and high-performance HVAC water recycling systems. Water-saving features like low-flow fixtures and dual-flush toilets have also been integrated. These sustainable utilities are expected to reduce residents’ service charges by 15–20% annually while supporting Dubai’s broader sustainability vision."
Dubai’s real estate market has been on upward trajectory according to Provident Estate newly released Dubai Property Market Report Q1 2025. Transaction volume reached 42,273, a 50% year-on-year increase, underlining heightened market activity and investor trust. Asked about the real estate outlook for the next 12 months, he shares,
"Dubai’s real estate market continues to thrive, bolstered by population growth, investor-friendly reforms, and a global appetite for second homes. The next 12 months will likely see increased demand for properties that deliver smart living, community connectivity, and green credentials. Features like energy optimisation, hybrid workspaces, and holistic wellness offerings are no longer perks—they are expectations. Bellagio directly aligns with these market dynamics, offering design-forward homes that reflect the next chapter in sustainable urban living."
On the challenges that lie ahead, particularly for Dubai’s real estate market, he comments, "Key challenges include potential inflation-driven construction costs, supply chain volatility for MEP systems, and evolving RERA policies. However, Dubai’s resilience underscored by continued international inflows and strong regulatory governance offers developers like Sunrise Capital an opportunity to differentiate through quality, transparency, and innovation."
When asked about the team behind Bellagio, he emphasises, "All contractors and consultants for Bellagio have been selected based on a proven track record, their alignment with Sunrise Capital’s commitment to quality and sustainability, and their capacity to innovate. Each partner brings efficiency and long-term
MINIMALIST LUXURY
Bellagio’s interior design philosophy emphasises minimalist luxury with warm wood accents, creating a grounded and calming atmosphere incorporating functional, aesthetic elements and natural lighting.
value to the table. Model Engineering and Znera are the architects and the interior design teams, respectively."
On what’s next for Sunrise Capital and whether more projects are on the horizon, he says,"While our current priority is the successful delivery of Bellagio, our long-term strategy includes curating niche communities that reflect emerging lifestyle trends ecoconscious design, wellness integration, and digitally enabled infrastructure. New announcements will follow once we meet key milestones on Bellagio."
Closing up his conversation with BPME in terms of which other markets beyond Dubai the company is targetting,"We are evaluating growth corridors across the GCC and select global cities that reflect our values of innovation, sustainability, and lifestylecentric development. Markets with rising urbanisation, investor-friendly regulations, and a growing millennial and Gen Z population are especially of interest."
Adaptive archictecture is driving a new era of urban luxury living
As Dubai prepares to host new waves of global innovation through initiatives like the Dubai 2040 Urban Master Plan, adaptive design will be pivotal in delivering spaces that are as intelligent as they are inspiring writes Ajay Bhatia, Founder and CEO of SOL Properties
The global eco-consciousness movement, which has been transforming industries worldwide, is enhancing the architectural domain by meticulously balancing its diverse facets of creativity, functionality, and sustainability. The multidisciplinary domain of ‘Adaptive Architecture’ is a crucial link in this process, as it aids in the creation of buildings that seamlessly adapt to their environments, inhabitants, and objects.
Adaptive and receptive architecture emerged in the late 60s and early 70s, led by advancements in the domains of cybernetics, artificial intelligence, and information technology. This holistic architectural approach prioritises flexibility and foresight, laying the blueprint for buildings that cater to the needs of the present, while remaining adaptable to accommodate future requirements.
Even as the global environmental and social landscapes rapidly evolve, architectural developments continue to accrue significant carbon emissions each year, highlighting the need to reimagine traditional design practices. Adaptive Architecture emerges as a groundbreaking innovation challenging the norms of static structures by introducing designs that can evolve over time, responding to the inhabitants’ needs, environmental changes, and technological advancements, further enhancing efficiency and user satisfaction.
Early Days of Sustainable Design
Earlier, adaptive design modalities were utilised for the creation of accessible entrances, and installation of elevators, as well as ramps. However, today, it commands a larger scope of utility, with countries such as UAE, KSA and Qatar, leveraging its capabilities to create highly complex, bestin-class luxury and sustainable designs.
As new cities shape the Middle East’s modern urban landscape, advanced technologies, and innovative practices such as Adaptive Architecture, play a critical role in
Adaptive Architecture does not focus on materials and systems alone, it also aims to enhance overall human experiences.
facilitating key design processes. The Middle East, particularly the UAE real estate market, is undergoing rapid expansion, and is expected to attain a valuation of US $0.76tn by 2029, expanding at a robust annual growth rate of 2.45%. Cities like Dubai have undergone an exponential transformation in the recent past, with the notion of ‘urban comfort’ being redefined by the emergence of glitzy residential complexes and high-rise buildings. Additionally, there is a rising demand for sustainable features, mixed-use developments, and affordable luxury properties.
Modern homes in Dubai are equipped with high-tech features like sophisticated plumbing and central air conditioning, catering to the buyers’ evolving preferences. Such elements have further enhanced Dubai residents’ quality of life by facilitating 24/7 hot water services, high-speed internet, pleasant indoor temperature, and efficient water management. With green infrastructure serving as the cornerstone of adaptive design, energy-efficient components are incorporated into buildings in the emirate to lower carbon footprint, paving the way for an eco-conscious living experience.
Equally important is the role of smart sensors and responsive systems that automatically adapt to shifting conditions— whether external, such as temperature and air quality, or internal, such as occupancy levels and energy use. These technologies not only support sustainable goals but also offer enhanced comfort and safety, particularly in high-density urban developments. In the UAE, where extreme weather can challenge conventional infrastructure, adaptive buildings ensure resilience, energy preservation, and a consistent quality of life.
Materials and Systems
Moreover, adaptive design in luxury properties often utilises dynamic façades, which are panels that respond to sunlight or wind, transforming buildings into everchanging landmarks. These innovations
are not only aesthetic triumphs but also functional solutions that reduce reliance on mechanical cooling systems, aligning form with environmental responsibility.
Adaptive Architecture does not focus on materials and systems alone, it also aims to enhance overall human experiences. For instance, it promotes the use of biophilic design principles, which incorporate natural light, plants and organic patterns that are proven to improve mental health and productivity.
Similarly, creative architectural solutions such as building-repurposing, prefabrication and adoption of eco-friendly materials reduce waste, optimise resource efficiency, and prolong the lifespan of the built environment. Furthermore, through the integration of the Internet of Things (IoT) and AI-powered components, residents can have unprecedented control, as well as the ability to easily optimise their living spaces.
TRANSFORMATION
Cities like Dubai have undergone an exponential transformation in the recent past, with the notion of ‘urban comfort’ being redefined by the emergence of glitzy residential complexes and high-rise buildings.
Incorporating adaptive principles is also crucial for addressing the psychological demands of modern living. With the urban lifestyle becoming increasingly fastpaced and digitally tethered, architectural environments must function not just as shelters, but as sanctuaries. Spaces that adapt to circadian rhythms, adjust lighting based on mood, or use soundscapes to foster a serene ambience are no longer futuristic concepts but are rapidly becoming integral to high-end property design. The UAE’s luxury segment is leading this shift, turning homes into personalised wellness ecosystems.
Beyond residential development, adaptive principles are now being woven into hospitality and commercial architecture as well. Hotels that can reconfigure room layouts for different types of guests, or office spaces that adapt to hybrid work models, are meeting a growing market demand for flexibility. In a region as diverse and dynamic as the GCC, where international business and tourism flourish, this flexibility can be a game-changer - offering unmatched guest experiences and operational efficiency.
Bolstered by this transition, developers and architects are shifting their focus towards creating memorable experiences for their clients, rather than merely designing buildings.
As the global real estate sector grows crowded, such an approach can position developers for long-term success, by ensuring that their projects seamlessly align with market demands.
Ultimately, the narrative of Adaptive Architecture in the UAE is one of progression, not just in terms of structures, but in the way we think about human connection, cultural context, and future resilience.
As Dubai prepares to host new waves of global innovation, adaptive design will be pivotal in delivering spaces that are as intelligent as they are inspiring.
Ajay Bhatia is the Founder and CEO of SOL Properties.
17-18 June
The influence of invisible design
There are multiple intangible and invisible aspects of design that can have a profound impact on both wellness and cost-efficiency if done correctly says Freeline Engineering Consultants’ Co-Managing Directors
ENGINEERING THE FUTURE
Ankita Rao and Anish Rao are Co-Managing Directors at Freeline Engineering Consultants.
It almost feels like magic to visit a built project once you have lived through it from a drawing board stage. As architects and designers, we are blessed to experience this feeling every now and then. While on a surface level, there are many tangible facets that one can see and experience, such as walls, floors, windows, and doors, there are multiple intangible and invisible aspects of design that can have a profound impact on both wellness and cost-efficiency if done correctly.
It almost feels like a stringent professional ethic to value and incorporate wellness and cost-efficient design decisions in all that we do – whether tangible or not:
Building Orientation & Location of Windows: Harnessing Natural Forces
Multiple design decisions are taken by an architect from the very first scribbles on a plot. Probably the most crucial one is orientation – not just for believers of geopathic sciences, but also for overall well-being. Tracking the sun path and wind direction may seem like a small detail, especially for a smaller project, but its effects on the occupant’s experience and the building's long-term energy efficiency cannot be overstated.
The subtle angle of the building, how the windows align with the sun’s movement, and how they interact with prevailing winds can dictate everything from natural lighting and ventilation to heating and cooling costs. This is where the invisible force of "passive design" enters. A wellorientated building doesn't need to fight against nature; it works with it, harnessing its strengths to reduce energy consumption and enhance the comfort of its users.
Acoustic Design: The Unseen Impact of Sound
Another invisible design element is the acoustics of a space. While the sound of a building may not be a tangible, physical
element like a wall or floor, it profoundly impacts our experience. The quality of sound, how it travels through spaces, and the level of noise pollution both inside and outside a building are all major factors that influence the comfort of its inhabitants.
Take the example of an open-plan office. While the visual aesthetics may be sleek and modern, the absence of thoughtful acoustic design can result in a cacophony of voices, ringing phones, and the clatter of keyboards. Even in residential spaces, the placement of insulation, the use of sound-absorbing materials, and the attention to detail in room acoustics can drastically improve the quality of life for the occupants. No one notices the silence when it's working, but it becomes glaringly obvious when it's absent.
Thermal Comfort & Insulation: Keeping Temperature in Check
Thermal comfort is another invisible element that impacts both the wellness of the building's inhabitants and its overall energy efficiency. Insulation materials, the choice of glazing, and the design of HVAC (Heating, Ventilation, and Air Conditioning) systems all work in tandem to regulate temperature without the need for visible heating or cooling devices.
The idea of a "thermally comfortable" building is often overlooked, as it’s not always something one can see or touch.
Yet, without it, a building can become a battleground between the weather outside and the systems inside. Poorly insulated walls or roofs lead to heat loss in winter and heat gain in summer, forcing occupants to rely more on artificial heating and cooling, thus increasing energy costs. Additionally, temperature fluctuations can lead to discomfort, reduced productivity, or even health issues, such as colds or respiratory problems. The invisible action of insulation quietly shields the building's occupants from these extremes, providing a sense of
stability and control that contributes to a feeling of well-being. This is yet another area where design decisions, although often hidden from view, directly affect how a space performs on a day-to-day basis.
Air Quality & Ventilation:
Breathing Life Into a Space
Perhaps one of the most invisible design elements is the building’s air quality and ventilation system. Poor indoor air quality has a profound impact on the health of a building’s occupants, from allergies and respiratory problems to cognitive performance and overall energy levels. However, the systems that control air quality—HVAC, filtration, humidity control—often go unnoticed unless they fail.
From the use of low-emitting materials to incorporating effective ventilation strategies like natural cross-ventilation, architects are responsible for creating environments that encourage the flow of clean air while minimizing the presence of indoor pollutants. Thoughtful placement of air vents, strategically positioned windows, and the inclusion of green spaces and plants all serve the invisible purpose of maintaining optimal air quality, which in turn promotes health, productivity, and comfort.
ACOUSTICS
The quality of sound, how it travels through spaces, and the level of noise pollution both inside and outside a building are all major factors that influence the comfort of its inhabitants.
Emotional
and Psychological Impact of Space Design: The Intangible Power of Layout
Lastly, let us not forget the invisible power of how space makes people feel. While lighting, acoustics, and air quality contribute to the physical and physiological aspects of wellbeing, the psychological effect of design is often underestimated. The layout, proportions, and flow of a space are all invisible elements that have a powerful impact on how individuals interact with their environment.
A narrow hallway or poorly proportioned room can subconsciously make people feel confined, while a spacious, open-plan layout can encourage a sense of freedom and connection. The psychological impact of a space can affect mood, mental health, and even social interactions. This invisible quality of design is often the difference between a space that feels "right" and one that feels off-kilter or uncomfortable. By considering how people interact with and feel in a space, architects can elevate a simple building into a place that fosters positivity, creativity, and a sense of belonging.
Designing What Can't Be Seen
No one notices the silence when it's working, but it becomes glaringly obvious when it’s absent.
The invisible elements of design are often the most powerful. Whether it's the orientation of a building, the quality of its acoustics, the warmth of its thermal comfort, the purity of its air, or the intangible feeling of its space, these invisible factors are critical to creating buildings that are not only functional but truly enhance the well-being of their occupants.
As architects & engineers, it is our responsibility to recognize the profound effect these hidden aspects have on both the short- and long-term success of a building. In doing so, we ensure that our designs are not only aesthetically pleasing and structurally sound but also supportive of the physical,
Ankita Rao and Anish Rao are Co-Managing Directors at Freeline Engineering Consultants.
Public transport links and the rise of sustainable tourism
The seamless integration of sustainable practices across all sectors of Dubai’s tourism industry is key to its long-term success writes Frank Porter’s Anna Skigin
Sustainable tourism is increasingly important to travellers seeking memorable trips and authentic experiences while minimising environmental impact. Efficient public transport links are essential, helping to reduce car dependence and to enhance community engagement. Tourist destinations that are to be transformed into eco-conscious hubs require integrated infrastructure, forward-thinking government policy and a collective shift in mindset from residents and tourists alike.
Dubai is well-known for its rapid expansion and visionary leadership and is actively pursuing sustainable tourism through its strategic public transport development.
The Dubai Metro, a lower-emission transport option, connects key tourist and residential areas and is estimated to have saved about one billion car journeys since its launch in 2009 according to the Roads and Transport Authority. The Dubai Metro has been credited with reducing carbon emissions by an estimated 2.6m tonnes. Initiatives like the new Dubai Metro line extensions and the deployment of new electric buses underscore this commitment.
Dubai has also recently launched the ‘Dubai Can’ initiative, promoting refillable water bottles, reducing the need for singleuse plastic and addressing the significant environmental concern of plastic waste. Beyond the Metro, the tram and water taxi systems contribute to a comprehensive, integrated public transport network.
Tools of the Trade
Technology is a vital tool in sustainable travel, mitigating the effects of climate change on tourism and finding new and more efficient ways for tourism to operate with a reduced carbon footprint. Mobile applications, for example, provide, real-time information improving traveller convenience and reducing the need for printed schedules. Contactless payments and integrated ticketing streamline
Dubai's integration of cutting-edge technology into its urban development signals its commitment to sustainable growth, offering a global model for responsible city planning.
this process further. With new electric bus fleets added to the streets of Dubai, smart city technologies like traffic management systems help to reduce congestion and optimise operations. Real-time data analysis tools minimise traffic delays and fuel consumption and allow for dynamic traffic adjustments. Dubai’s commitment to sustainability is further demonstrated by solar-powered bus shelters that provide respite from the heat for commuters. The emirate has also announced plans to explore autonomous vehicles, revolutionising transport and reducing emissions.
Guests travelling to Dubai are encouraged to utilise public transport links to explore local neighbourhoods. When it comes to short-term rentals, we recommend that property owners provide information about local transport links, helping support guests who are interested in sustainable travel.
Driving Sustainable Tourism
The future of Dubai’s sustainable tourism industry is hinged on technological integration and ongoing public transport development. Continuous infrastructure investment is essential, especially in tourist hotspots. Public transport use can also be incentivised by policies like congestion charges and dedicated pedestrian zones. Awareness and education campaigns are also useful tools to promote sustainable travel. Effective, accessible public transport is vital for building a sustainable tourism industry that reduces its carbon footprint, while encouraging visitors to explore the emirate’s diverse offerings. This isn’t just about infrastructure, this is about creating a forwardthinking mobility ecosystem that aligns with Dubai’s ambition to be a global leader in sustainable urban development. By prioritising the public transport system with the metro, tram, bus and water taxi services, Dubai can minimise reliance on private vehicles, and effectively reduce carbon emissions.
Dubai's integration of cutting-edge technology into its urban development signals its commitment to sustainable growth, offering a global model for responsible city planning. Promoting sustainable tourism which extends beyond transportation with the ‘Dubai Can’ demonstrates that even small changes can have a significant impact on reducing environmental waste. By promoting the usage of refillable water bottles across the city and placing water refill stations across busy hotspots, tourists are encouraged not to use single-use plastic bottles and be mindful of their plastic pollution.
Beyond the ‘Dubai Can’, the city’s sustainable tourism initiatives also include the development of extensive cycling routes and pedestrian-friendly zones to promote active transport, the adoption of innovative technologies such as vertical farming and increased investment in green spaces and urban parks to improve air quality.
What’s more, the Dubai Sustainable Tourism (DST) Stamp was also launched recently by the Dubai Department of Economy and Tourism. Recognising hotels that adhere to stringent sustainability requirements, including energy efficiency, water conservation, waste management and staff engagement. With a tiered recognition system of Gold, Silver, and
TECH INTEGRATION
The future of Dubai’s sustainable tourism industry is hinged on technological integration and ongoing public transport development says Skigin.
Bronze, the DST Stamp incentivises hotels to continuously improve their environmental practices, aligning with the UAE’s Net Zero 2050 Strategy. By establishing clear benchmarks and promoting transparency, this initiative not only enhances Dubai's reputation as a sustainable destination but also encourages the tourism sector to contribute to the emirate’s broader environmental goals.
Dubai’s plans for sustainable mobility also include an extensive cycling network with dedicated bike lanes and shared cycling schemes for tourists and residents to use. Shaded walkways and pedestrian-friendly zones also encourage people to explore Dubai on foot.
The seamless integration of sustainable practices across all sectors of Dubai’s tourism industry is key to its long-term success. By investing in efficient public transport, promoting active travel, creating green spaces, and embracing sustainable technologies, Dubai is creating a blueprint for responsible tourism development. This dedication to sustainability benefits both the environment and the visitor experience, solidifying Dubai's position as a forwardthinking and eco-conscious destination.
Anna Skigin is CEO of Frank Porter.
UNITED ARAB EMIRATES
Arada completes 120 homes at Aljada in Sharjah Arada has said it completed another 120 homes at Aljada through the completion of The Gate, the two-building complex located at the entry point of its megaproject in Sharjah.
The Gate is said to offer a variety of one-, two- and three-bedroom apartments, all equipped with smart home features. The two buildings were completed at the end of 2024, and handovers are now under way, allowing new homeowners to enjoy the complex’s prime location, modern design, and top-tier facilities. Residents benefit from seamless access in and out of Aljada, with the Madar family entertainment district just a short walk away, said a statement from the developer.
“With a population that has now reached over 20,000, Aljada is
clearly one of the most progressive and popular new urban districts in the Gulf. We are now working on the completion of further residential buildings in Aljada’s creative district, including the Vida Aljada hotel and branded residences complex, which will be handed over before the end of this year,” commented Ahmed Alkhoshaibi, Group CEO of Arada.
The Gate complex offers access to Aljada, while the Madar family entertainment district with its upcoming mall is just a short walk away. Residents benefit from expansive green spaces, featuring an adventure playground, outdoor gym, and dedicated jogging and cycling track, all designed to foster a dynamic and active lifestyle, the developer explained.
The Gate also features an innovative screen-like facade,
with a cutting-edge design that optimises natural light penetration while also enabling subtle multimedia projections, creating a visually engaging gateway into Aljada, it added.
The completion of 120 homes in The Gate brings the total number of units delivered by Arada to over 10,000, just eight years since the company was founded. To date, over 7,600 homes in Aljada have been handed over, with another 1,600 scheduled for completion this year, the developer said in its statement.
Earlier this year, the developer also launched Safa, a new highend apartment cluster featuring 660 premium smart homes across five buildings on Aljada’s West Boulevard, a tree-lined promenade that is set to feature a range shopping and dining outlets.
