Latest news with #DrivenForbesGlobalProperties
Zawya
4 days ago
- Business
- Zawya
Solena The Orchard Place, Dubai's Premier European-inspired community with a GDV of AED850mln
A thoughtfully designed community for professionals and families seeking European craftsmanship, timeless elegance, and Mediterranean-inspired living Phase 3 introduces Solena at The Orchard Place, adding over 400 residences and elevating Dubai's largest European-style neighbourhood, with a GDV of over AED 300 million New residences feature rooftop gardens, private plunge pools, and an extensive range of lifestyle amenities for elevated modern urban living Dubai, UAE - Peak Summit Real Estate Development LLC, in partnership with Refine, its associates, and Driven | Forbes Global Properties, has unveiled Solena at The Orchard Place, the third and final phase of the largest European-inspired residential community in Jumeirah Village Circle (JVC). This latest chapter in the development introduces two new residential towers, Towers D and E, adding over 400 European-inspired homes to the heart of District 12 in JVC. Inspired by the words 'Sol' and 'Soleil,' meaning sun and serenity, Solena is a Mediterranean name that evokes warmth, light, and calm, perfectly capturing the spirit of this thoughtfully designed addition to The Orchard Place. It builds on the vision of bringing timeless European design and practical livability to Dubai's residential landscape. With a Gross Development Value (GDV) of over AED 300 million, Solena builds on the successful momentum of earlier phases one and two, which launched in October 2023 and May 2024, respectively. Together, all three phases now represent a combined GDV of AED 850 million with more than 1,100 residential units. Like the previous phases, this new release continues the project's commitment to timeless design, functionality, and quality finishes. Each residence in this new phase has been thoughtfully crafted to balance luxury and liveability, comprising an extensive collection of studios, one and two-bedroom apartments, duplex townhouses, and three-bedroom penthouses. Signature features include private plunge pools in selected one and two-bedroom units, expansive balconies and landscaped terraces, and for penthouses, rooftop gardens that offer panoramic skyline views. The interiors are curated with a harmonious blend of materials featuring wooden finishes, bespoke stonework, warm lighting, and contemporary European fixtures, all designed to reflect timeless sophistication and refined comfort. Set amidst landscaped parkland and surrounded by green open spaces, The Orchard Place offers residents a tranquil escape within one of Dubai's most accessible neighbourhoods. Downtown Dubai, Dubai Marina, Mall of the Emirates, and Dubai International Airport are all just 20 to 25 minutes away. With top-ranked schools, nurseries, and Circle Mall nearby, the development appeals to families and long-term investors alike. Connectivity is set to improve further with the upcoming extension of the Metro Blue Line, which will add a new station in JVC, linking residents directly to key destinations across the city. Sergii Voronovych, CEO and Founder of Peak Summit Real Estate Development LLC, commented: 'Solena represents a pivotal milestone in our vision for The Orchard Place. We have created more than a residential community; we've curated a way of life inspired by the richness of European culture, where architecture, landscape, and community intersect. The response to our earlier phases affirmed that Dubai's market is ready for developments that combine emotional resonance with design integrity. Solena at The Orchard Place is the next evolution of this vision.' Thomas Wan, Managing Partner, Refine Development Management, added: 'What sets Solena apart is how it responds to what buyers in today's market are looking for: liveable layouts, superior European quality finishes, and a location that's both connected and peaceful. Solena at Orchard Place is ideal for both end-users and investors who recognise the value of a luxury home that gets the fundamentals right.' Beyond its residences, Solena will offer a full suite of amenities designed to nurture wellbeing and community spirit. These include a 25-metre infinity pool with sunken loungers, outdoor barbecue areas, children's play zones, landscaped gardens, a fully equipped gym with a yoga terrace, a padel tennis court, steam rooms, a kindergarten, and thoughtfully designed communal areas for residents to gather and connect. Lobby spaces are finished to a hotel concierge standard, setting the tone for a lifestyle rooted in comfort, quality, and understated luxury. Construction at Solena is scheduled to commence this summer, with completion expected by July 2028. Prices for residences in this phase start from AED 720,000, offering a compelling opportunity for buyers seeking both quality of life and long-term investment potential in one of Dubai's fastest-growing residential zones. Driven | Forbes Global Properties Driven | Forbes Global Properties, a leading real estate brokerage based in Dubai, UAE, has consistently demonstrated excellence in acquisitions with a focus on luxury properties. As a member of Forbes Global Properties, an exclusive consortium of the world's top 100 real estate firms, Driven | Forbes Global Properties stands as a trusted partner for investors and buyers in Dubai's competitive real estate market. Refine Empowering development, Refine is the leading fully-integrated development management company in the UAE. Offering a wide range of services to developers across the UAE, GCC and internationally, Refine pioneers the DaaS (Development-as-a-Service) solution, empowering fellow developers and investors with a simpler process for better results.
Zawya
09-06-2025
- Business
- Zawya
Dubai's luxury real estate boom continues: Final Bulgari Lighthouse penthouses sold for over AED 282mln
Dubai, UAE — Dubai's ultra-luxury property market shows no sign of cooling. Driven | Forbes Global Properties has completed the sale of the last two penthouses at the Bulgari Lighthouse on Jumeirah Bay Island for a combined amount of more than AED 282 million, reinforcing the emirate's place among the world's most resilient prime residential hubs. The first five-bedroom residence, spanning 11,657 sq ft, reached a whopping AED 146.6 million, while the second, achieved AED 136.25 million. Designed by Italian architects Antonio Citterio and Patricia Viel, Bulgari Lighthouse blends contemporary engineering with Mediterranean calm. A coral-inspired façade shields each home while framing uninterrupted views of the Arabian Gulf and Downtown's skyline. Terraces flow into private infinity pools, and double-height salons are finished in Italian marble, warm oak and hand-laid silk panelling. A combination of location, craftsmanship and privacy that has made Lighthouse one of the most wanted addresses in Dubai's ultra-prime market. Every detail of Bulgari Lighthouse, from its infinity pool to lush Mediterranean gardens, is run by the neighboring Bulgari Resort, ensuring a highly private, tailored experience complete with a concierge who can arrange everything from sunset-lawn gatherings to a signature chef's meals. The transactions were brokered by Driven | Forbes Global Properties' Lina Allaoa and Kianoush Darban, founders of The Private Collection, the brokerage's specialist team for ultra-high-end property. The duo is well known for setting several records in the area, from the highest price per square foot, to the most expensive villa in Jumeirah Bay Island. 'Dubai offers our international clients two things they value most: a secure place to allocate their capital and an unbeatable way of life. Bulgari Lighthouse unites those advantages in a single address, blending sound investment with everyday opulence,' said Lina Allaoa. Kianoush Darban added, 'Scarcity drives value. With fewer than 40 residences in the tower, and amenities that rival a private resort, Lighthouse is arguably the most coveted address in Dubai.' Their success mirrors the broader market: Dubai logged a record AED 62.4 billion in property transactions this April, up 95 percent year-on-year, driven largely by trophy waterfront assets. Analysts expect headline deals to keep setting new benchmarks through 2025 as supply of genuine ultra-prime stock remains limited. A member of the Forbes Global Properties network, Driven Properties remains a trusted leader at the pinnacle of Dubai real estate, setting new benchmarks for sellers while opening rare opportunities for discerning buyers. About Driven | Forbes Global Properties Since 2010, Driven | Forbes Global Properties has established itself as one of Dubai's leading real estate brokerages and property management companies, delivering award-winning, bespoke solutions tailored to every client aspiration. Driven | Forbes Global Properties prides itself on its unwavering commitment to innovation, integrity, and building lasting relationships based on trust and credibility. As the sole member of Forbes Global Properties in the UAE, brokerage has played a pivotal role in shaping the city's luxury real estate landscape. Its dedicated team of over 600 specialists with in-depth market knowledge provides invaluable expertise at every step, from property selection to management, ensuring long-term value for investors and developers alike. Driven | Forbes Global Properties has brokered some of Dubai's most prestigious destinations, leaving a lasting mark on the city's skyline. Its portfolio boasts iconic projects like the Sea Mirror Villa on Jumeriah Bay Island and Rixos Financial Center Road Dubai Residences, solidifying its position as a market leader. Looking ahead, Driven | Forbes Global Properties remains dedicated to exceeding expectations and setting new benchmarks for excellence in Dubai's dynamic real estate market. The company is committed to leveraging its expertise, innovation, and unwavering client focus to continue shaping the city's future and pioneering new standards of excellence in the real estate industry. For more information, visit:
