Latest news with #ForbesGlobalProperties
Zawya
10-06-2025
- Business
- Zawya
Driven Properties buys final Bulgari Lighthouse units for $77mln
UAE - Driven Properties, a member of the Forbes Global Properties network, has announced that it has completed the sale of the last two penthouses at the Bulgari Lighthouse on Jumeirah Bay Island in Dubai for a combined amount of more than AED282 million ($77 million). The first five-bedroom residence, spanning 11,657 sq ft, reached a whopping AED146.6 million, while the second, achieved AED136.25 million, said the company in a statement. 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, it stated. 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 sq ft, to the most expensive villa in Jumeirah Bay Island. Terraces flow into private infinity pools, and double-height salons are finished in Italian marble, warm oak and hand-laid silk panelling, said the company. A combination of location, craftsmanship and privacy that has made Lighthouse one of the most wanted addresses in Dubai's ultra-prime market, it added. "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," remarked Allaoa. On the strategic deal, Darban said: "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." 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, he added. Copyright 2024 Al Hilal Publishing and Marketing Group Provided by SyndiGate Media Inc. (
Trade Arabia
10-06-2025
- Business
- Trade Arabia
Driven Properties buys final Bulgari Lighthouse units for $77m
Driven Properties, a member of the Forbes Global Properties network, has announced that it has completed the sale of the last two penthouses at the Bulgari Lighthouse on Jumeirah Bay Island in Dubai for a combined amount of more than AED282 million ($77 million). The first five-bedroom residence, spanning 11,657 sq ft, reached a whopping AED146.6 million, while the second, achieved AED136.25 million, said the company in a statement. 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, it stated. 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 sq ft, to the most expensive villa in Jumeirah Bay Island. Terraces flow into private infinity pools, and double-height salons are finished in Italian marble, warm oak and hand-laid silk panelling, said the company. A combination of location, craftsmanship and privacy that has made Lighthouse one of the most wanted addresses in Dubai's ultra-prime market, it added. "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," remarked Allaoa. On the strategic deal, Darban said: "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."
Business Wire
29-05-2025
- Business
- Business Wire
Forbes Global Properties Expands to Romania with Leading Brokerage ANG Luxury Properties
BUCHAREST, Romania--(BUSINESS WIRE)-- Forbes Global Properties, an international network of selected real estate brokerages that connects buyers and sellers to the world's most exceptional properties, is pleased to announce the addition of ANG Luxury Properties. With a deep commitment to excellence and a proven track record of successful transactions, ANG will exclusively represent the brand in Bucharest and other premier markets including Cluj, Iași, Brașov, Timișoara, and Romania's coveted Black Sea coast. Led by real estate visionaries Nicoleta and Alexandru Manea, ANG has established itself as Romania's authority in high-end real estate, uniquely focusing on properties above €1 million. Backed by over 14 years of respected industry experience with more than €300 million in closed sales, the firm brings unrivaled expertise to the dynamic and evolving market. ANG offers a full suite of tailored services for both sellers and buyers navigating Romania's high-end real estate market. For sellers, the firm provides professional property valuations, strategic marketing campaigns, and expert guidance in property management consultancy—ensuring maximum visibility and value. Buyers benefit from access to exclusive residences, each selected for its architectural excellence, design quality, and distinctive character. 'ANG Luxury Properties embodies the level of expertise, discretion, and commitment to quality that defines our global network,' said Michael Jalbert, CEO, Forbes Global Properties. 'Their in-depth knowledge of Romania's evolving high-end market and results-driven approach make them a natural fit for our brand.' 'We are honored to join the Forbes Global Properties network,' said Nicoleta Manea, CEO, ANG Luxury Properties. 'This partnership elevates our reach and reinforces our mission: to deliver world-class real estate experiences in Romania, connecting distinguished clients with extraordinary properties.' 'Forbes Global Properties is the missing link that allows us to connect Romanian clients seeking international homes with foreign investors looking to relocate their families or businesses to Romania. Through this global network, we can deliver premium consultancy backed by the world's top professionals,' said Sorin Raia, Managing Partner, ANG Luxury Properties. ANG's flagship development projects reflect its vision and leadership in shaping Romania's luxury landscape. Among them is the Radisson Blu Hotel & Residences Mamaia, a landmark oceanfront project developed by the Manea's Monarc Properties. In addition, ANG is spearheading the creation of Romania's first Branded Residence operated by Radisson Blu. Designed for discerning local and international investors, the project pairs outstanding rental yields with long-term appreciation. 'We created Radisson Blu Hotel & Residences Mamaia, Romania's first branded residences, to attract foreign investors by offering international quality and strong ROI—still a key advantage in Romania,' said Alexandru Manea, CEO of Monarc Properties. The exclusive worldwide residential real estate partner of Forbes, Forbes Global Properties provides branding and marketing services to the world's premier real estate firms and is now represented by real estate agents across 28 countries in more than 600 locations. As members of this exclusive network, ANG will benefit from Forbes' engaged audience of more than 167 million to connect, inspire, and inform affluent potential homebuyers and sellers about the finest properties for sale globally. Homes are presented across Forbes and Forbes Global Properties print, digital, and social media channels and paired with expert commentary, timely market data, and top-tier editorials. ANG's prime residential listings will also be showcased on a curated collection of high-value, quality home listings. About ANG Luxury Properties Led by Nicoleta and Alexandru Manea, ANG Luxury Properties is the country's leading real estate firm specializing in ultra-premium residential sales. With over €300 million in closed transactions and a client portfolio that spans investors, developers, and high-net-worth individuals, ANG is recognized for its discretion, integrity, and market expertise. Its standout developments include the Radisson Blu Hotel & Residences Mamaia and Romania's first branded residential complex operated by Radisson Blu. Learn more at About Forbes Global Properties Led by the world's foremost independent residential brokers and industry veterans, Forbes Global Properties is the exclusive real estate partner of Forbes. Our members connect discerning buyers and sellers of the most exceptional properties worldwide. Leveraging Forbes's worldwide reach and digital monthly audience of more than 167 million, our listings tell the stories that make our properties unique. Established in 2020, our invitation-only network spans more than 600 locations and comprises over 20,000 property experts across the U.S., Asia, Australia, Canada, the Caribbean, Mexico, the Middle East, New Zealand, and Europe. For more information, visit
Wall Street Journal
20-05-2025
- Entertainment
- Wall Street Journal
Emma Stone Asks $26.5 Million for Freshly Renovated Austin Home
In 2021, actress Emma Stone purchased a historic estate in Austin, Texas, with a plan to move her family there. Four years later, she has instead decided to put the property on the market. The actress and her husband, comedy writer Dave McCary, are asking $26.5 million for the newly renovated estate, according to Eric Moreland of Moreland Properties/Forbes Global Properties, one of the listing agents. The 1.25-acre property, located in the upscale Tarrytown neighborhood, will be among the most expensive on the market in Austin.
What's On
08-05-2025
- Business
- What's On
Dubai property prices to double in the next five years
Dubai property is always in demand… Dubai property prices could increase as far as double in the next five years, according to Abdullah Alajaji, CEO and founder of brokerage firm Driven | Forbes Global Properties who recently spoke to Gulf Business. This prediction comes from the recent growth in real estate prices across the emirate. Dubai's real estate market saw 217,000 investments valued at Dhs526bn in 2024, which was an increase of 38 per cent in number of transactions and and 27 per cent in terms of value, according to data from the government of Dubai. But Alajaji also said that there's still more room to grow as property prices in Dubai are still lower than counterparts such as New York and Singapore. He stated 'I would compare this time to pre-2008. Back then, every single area went up at the same level — you'd see 30 to 40 per cent increases in a single year, whether you were in JVC or Palm Jumeirah. But rental yields were much lower. Today, rents have gone up in tandem with prices, which suggests real demand.' This comes after Rizwan Sajan, founder of Danube Properties, predicted a 10–20 per cent correction in rents in 2025. We know that one thing is for sure, timing is key when it comes to Dubai property prices. > Sign up for FREE to get exclusive updates that you are interested in
