Latest news with #JebelAliPort
Zawya
2 days ago
- Business
- Zawya
Blue Line 'writing new chapter' in Dubai's real estate boom
Dubai Metro's Blue Line is having a profound positive impact on the emirate's real estate market, reshaping the real estate investments map and writing a new chapter in the city's real estate boom, said a leading Dubai-based real estate brokerage W Capital. In an in-depth analysis of the project, W Capital stated that the new Blue Line was in the heart of the Dubai Urban Plan 2040 framework, which aims to enhance urban sustainability, improve quality of life, and support transportation infrastructure. This will directly impact vital economic sectors, most notably the real estate sector, it stated. The project will cover areas of high strategic importance, including Al Warqaa, Mirdif and Dubai Academic City, and will reach Jebel Ali Port via Dubai International Airport. This extensive coverage will contribute to connecting new residential communities to existing economic centers, stimulating the growth of mid-market and emerging neighborhoods and transforming them into attractive investment destinations, said the statement. W Capital pointed out that the establishment of a metro station near any area often leads to an immediate increase in surrounding property prices by 15 to 25%, boosting rents and demand in the medium and long term. "The Dubai Metro Blue Line project is not just a new means of transportation; it is a true economic and development engine that will reshape the real estate investment map in the emirate," remarked its CEO Walid Al Zarooni. "We have already noticed early investor activities, especially in areas such as Al Warqa, Dubai Academic City, and the vicinity of Sheikh Mohammed bin Zayed Road, where demand for land and residential units has increased by more than 30% compared to last year," he stated. "These areas, which were previously considered relatively remote suburbs, are now the focus of investors interest due to their proximity to major metro stations, giving them a significant competitive advantage," he added. Al Zarooni pointed out the importance of proactive thinking in real estate investment. "We at W Capital encourage investors to make decisions based on a future vision, not just current conditions. Investing in areas connected to metro stations now, before the project is completed, gives investors the opportunity to benefit from value growth over time," he noted. "Similar examples existed with the launch of the Red and Green Lines previously, where we witnessed significant price increases once the stations were operational," he added. Al Zarooni said one of the most important transformations to be witnessed in the next few years is the market's move toward real estate decentralisation. "Instead of being concentrated in specific areas such as the city center, real estate distribution will begin to spread towards new hubs created by infrastructure projects, most notably the Blue Line," he explained. "This shift will not only reduce pressure on overcrowded areas, but will also create real opportunities for developers of medium-cost projects and contribute to providing diverse housing solutions that meet the needs of a wider segment of the population," he added. According to him, the Blue Line project represents a new phase of Dubai's smart urban transformation whose impact will not only improve mobility but also transform investment patterns and population and real estate distribution. "Investors must take advantage of this pivotal phase and adopt long term plans in line with Dubai's future development trends," he added.
Hi Dubai
28-05-2025
- Business
- Hi Dubai
Himatrix Group Opens AED33 Million Research and Training Centre in Dubai Industrial City
Himatrix Group has officially opened phase one of its AED33 million application laboratory, research, and training centre at Dubai Industrial City, marking a major milestone in the company's regional and global expansion plans. Spanning 45,000 square feet, the new facility is strategically positioned to tap into Dubai Industrial City's proximity to key logistics hubs, including Jebel Ali Port, Al Maktoum International Airport, and the upcoming Etihad Rail freight terminal. The centre will serve as a base for Himatrix Group's 100-strong workforce and support its recruitment of additional specialists to drive innovation across its operations. Himatrix Group, which includes subsidiaries such as Himatrix Measurements Equipment's and Icpro Technologies, aims to use the new hub to strengthen partnerships with global leaders in instrumentation engineering. These include Radwag, Sciex, Ametek, Kruss, and Wipotec. Nadeer Ali, Founder and Managing Director of Himatrix Group, said the facility will enhance service quality across multiple industries, particularly pharmaceuticals, by offering advanced solutions in metrology, analytical science, and physical testing. Dubai Industrial City officials welcomed the investment, highlighting its alignment with national strategies like Operation 300bn and the Dubai Economic Agenda 'D33'. Saud Abu Alshawareb, speaking on behalf of the district, said the facility showcases confidence in Dubai's industrial ecosystem and reinforces efforts to expand the UAE's manufacturing capabilities. Established in 2004, Dubai Industrial City is home to more than 800 companies and over 300 operational factories. It is one of 10 business districts under TECOM Group PJSC, supporting key sectors across the UAE's economic landscape. News Source: Emirates News Agency
Emirates Woman
10-03-2025
- Business
- Emirates Woman
7 incredible facts about Dubai's royal family
News by Alice Holtham-Pargin 6 hours ago Dubai's visionary ruler, Sheikh Mohammed, has a fascinating family history… HH Sheikh Mohammed bin Rashid Al Maktoum Vice President of the UAE and Ruler of Dubai has lead a rapid and globally-redefining transformation of Dubai. From humble beginnings as a sleepy fishing village, the city has grown into a thriving metropolis, and under his visionary leadership, is set to become the happiest city to live and work. So if you're keen to learn more about Sheikh Mohammed – and Dubai's royal family – read on. The Al Maktoum family have ruled Dubai since the 1800s Since 1833, to be precise. When the Al Maktoum family arrived in Dubai, it was a very small town, but they recognised the opportunities here. Not much is known about the first Sheikh Maktoum, but he's described as a 'courageous, capable leader', credited with establishing the new principality. They are descendants of the Bani Yas tribe The Al Maktoum family descends from the Al Bu Falasah segment of the Bani Yas tribal federation. This widely regarded tribe was a dominant power in the region, and is also the tribe from which the Al Nayhan family – Abu Dhabi's ruling family – descend from. Sheikh Mohammed is the 10th member of the Al Maktoum family to serve as Ruler of Dubai He ascended to the role on January 4, 2006, meaning he has served as Ruler of Dubai for 19 years. He became the ruler of Dubai following the death of his elder brother, Sheikh Maktoum. Sheikh Rashid was the Ruler of Dubai that helped to form the UAE Sheikh Rashid bin Saeed Al Maktoum, father of Sheikh Mohammed, ruled Dubai for 32 years from 1958 until his death in 1990. During his rule, he also became the first Vice President of the UAE when the country was formed in 1971, and played an integral part in uniting the emirates at that time. The last 3 generations of Dubai rulers are credited with its transformation It was Sheikh Rashid who oversaw the development of high-level projects like the first modern hospital, Jebel Ali Port, and Dubai International Airport, which subsequently saw the birth of Emirates airline. Upon his death, his son Sheikh Maktoum bin Rashid Al Maktoum became Ruler of Dubai, a role he had until his own death in 2006. He continued his father's work, developing major infrastructure projects, an impressive road network, and iconic destinations like the Burj Al Arab. Then when his brother, Sheikh Mohammed – the current Ruler of Dubai – took office, his visionary leadership has seen the city firmly established as a futuristic metropolis where all are welcome. Away from their royal duties, the Al Maktoum family are renowned horse racers Sheikh Maktoum is largely credited with introducing Arabs to international horse racing. From the 1990s, he ran Godolphin stables alongside Sheikh Mohammed and their brothers and helped to raise the standard of international racing. Godolphin is still owned by Sheikh Mohammed and now operates across four continents, although the main base remains in Dubai. Sheikh Mohammed has a number of passions As well as horse riding, the current Ruler of Dubai has a number of interests. From a young age, he learned falconry, hunting, and horsemanship, but became passionate about equestrian after first visiting a racecourse in England in 1967. Apart from sports, Sheikh Mohammed is a talented poet, and he is widely acknowledged as one of the finest exponents of Nabati verses. Source: Sheikh Mohammed's official website
Trade Arabia
09-02-2025
- Business
- Trade Arabia
Expo City masterplan gets pre-certifications in LEED, WELL systems
The Expo City Dubai masterplan has attained two pre-certifications of globally recognised social and environmental sustainability systems, testament to its commitment to developing an innovation-driven, people-centric community, maximising social, environmental and economic impact, and advancing international best practice in the region. Expo City Dubai is now pre-certified Platinum – the highest possible rating – in LEED Cities and Communities standard, which focuses on inclusivity, economic development and environmental preservation. LEED is the most widely used 'green' rating system in the world for real estate and the urban environment. The city also achieved pre-certification for WELL Community – a standard that emphasises health and wellbeing and the leading international standard for a healthy built environment – and is targeting WELL Gold for its anticipated certification. Expo City Dubai is the only urban centre in the Middle East and North Africa region to achieve this combination of pre-certifications and first in the region to achieve WELL Community pre-certification. The achievements, announced at the Cities in Action Forum taking place from February 6 to 7, exemplify the city's commitment to creating a healthier, more sustainable and equitable community for tenants, visitors and future residents and enhance its appeal to investors and developers. Chief Development and Delivery Officer Ahmed Al Khatib said: "Expo City's masterplan is rooted in the principles of sustainable development, and we are proud to have this commitment globally recognised as we push forward on the master plan's delivery." "Our pre-certification in LEED and WELL community standards shows we are on track to meet our ambitious targets and reinforces our city's robust position as a new urban centre at the heart of Dubai's growth corridor," he noted. The pre-certifications underscore the unparalleled opportunity offered by Expo City's forward-thinking, people- and environment-focused master plan that takes advantage of its prime location and world-class connectivity. The lynchpin of Dubai's growth located in the rapidly expanding Dubai South area, Expo City Dubai is close to Al Maktoum International Airport, Jebel Ali Port and Dubai Exhibition Centre. The master plan features five districts designed as an efficient grid system to ensure navigation, circulation and accessibility, while a network of green and blue spaces – from parks and fields, to small sikkas and urban water features – will permeate throughout. It contains specific targets across areas including: protecting and increasing biodiversity; reducing energy consumption and increasing the use of clean energy; reducing water consumption and increasing the use of alternative water sources; increasing the use of sustainable, lower carbon public transport options and creating spaces that encourage walking, cycling and micromobility; and facilitating economic opportunity and creating a quality work environment. "The unique offering of our city – a vibrant, nurturing community where people connect, thrive and live in harmony with nature – is reflected in the incredible demand for every Expo City Dubai real estate project launched, including commercial leasing, residential developments and plots for sale," stated Al Khatib. LEED Cities and Communities, managed by the US Green Building Council, addresses various factors that contribute to quality of life, including natural systems, energy, water, waste and transportation, as well as optimising the operational aspects of a city through its design. Pre-certification is granted based on Expo City's masterplan information and associated data. Expo City Dubai, including Dubai Exhibition Centre and Expo Village, is already home to 123 LEED-certified buildings, and the masterplan further sets the target of LEED Gold as a minimum requirement for all buildings. Meanwhile, the WELL Community standard, created by the International WELL Building Institute (IWBI) gives pre-certification to real estate projects that demonstrate a commitment to health and wellbeing across 10 areas: air, water, nourishment, light, movement, thermal comfort, sound, materials, mind and community.
Zawya
06-02-2025
- Business
- Zawya
Expo City Dubai master plan pre-certified in two globally recognised social and environmental sustainability systems
Pre-certification for LEED Platinum Cities and Communities and WELL Community Demonstrates commitment to pioneer sustainable development through master plan Strong demand for Expo City developments reaffirms role in driving Dubai's growth DUBAI – The Expo City Dubai master plan has attained two pre-certifications of globally recognised social and environmental sustainability systems, testament to its commitment to developing an innovation-driven, people-centric community, maximising social, environmental and economic impact, and advancing international best practice in the region. Expo City Dubai is now pre-certified Platinum – the highest possible rating – in LEED Cities and Communities standard, which focuses on inclusivity, economic development and environmental preservation. LEED is the most widely used 'green' rating system in the world for real estate and the urban environment. The city also achieved pre-certification for WELL Community – a standard that emphasises health and wellbeing and the leading international standard for a healthy built environment – and is targeting WELL Gold for its anticipated certification. Expo City Dubai is the only urban centre in the Middle East and North Africa (MENA) region to achieve this combination of pre-certifications and first in the region to achieve WELL Community pre-certification. The achievements, announced at the Cities in Action Forum taking place from 6-7 February, exemplify the city's commitment to creating a healthier, more sustainable and equitable community for tenants, visitors and future residents and enhance its appeal to investors and developers. Ahmed Al Khatib, Chief Development and Delivery Officer, Expo City Dubai, said: 'Expo City's master plan is rooted in the principles of sustainable development, and we are proud to have this commitment globally recognised as we push forward on the master plan's delivery. Our pre-certification in LEED and WELL community standards shows we are on track to meet our ambitious targets and reinforces our city's robust position as a new urban centre at the heart of Dubai's growth corridor. 'The unique offering of our city – a vibrant, nurturing community where people connect, thrive and live in harmony with nature – is reflected in the incredible demand for every Expo City Dubai real estate project launched, including commercial leasing, residential developments and plots for sale.' The pre-certifications underscore the unparalleled opportunity offered by Expo City's forward-thinking, people- and environment-focused master plan that takes advantage of its prime location and world-class connectivity. The lynchpin of Dubai's growth located in the rapidly expanding Dubai South area, Expo City Dubai is close to Al Maktoum International Airport, Jebel Ali Port and Dubai Exhibition Centre. The master plan features five districts designed as an efficient grid system to ensure navigation, circulation and accessibility, while a network of green and blue spaces – from parks and fields, to small sikkas and urban water features – will permeate throughout. It contains specific targets across areas including: protecting and increasing biodiversity; reducing energy consumption and increasing the use of clean energy; reducing water consumption and increasing the use of alternative water sources; increasing the use of sustainable, lower carbon public transport options and creating spaces that encourage walking, cycling and micromobility; and facilitating economic opportunity and creating a quality work environment. LEED Cities and Communities, managed by the US Green Building Council, addresses various factors that contribute to quality of life, including natural systems, energy, water, waste and transportation, as well as optimising the operational aspects of a city through its design. Pre-certification is granted based on Expo City's master plan information and associated data. Expo City Dubai, including Dubai Exhibition Centre and Expo Village, is already home to 123 LEED-certified buildings, and the master plan further sets the target of LEED Gold as a minimum requirement for all buildings. Meanwhile, the WELL Community standard, created by the International WELL Building Institute (IWBI) gives pre-certification to real estate projects that demonstrate a commitment to health and wellbeing across 10 areas: air, water, nourishment, light, movement, thermal comfort, sound, materials, mind and community. Reaffirming its role as a focal point on the 2040 Urban Master Plan as it becomes a hub for key sectors driving the delivery of the Dubai Economic Agenda (D33), Expo City will cover a total of 3.5sqkm, embracing a gradual phased development that will adapt to evolving needs and eventually welcome around 35,000 residents and 40,000 professionals. About Expo City Dubai Expo City Dubai, the legacy city of Expo 2020 Dubai, is an innovation-driven, people-centric community rooted in the belief that collaboration can propel sustainable progress. Its prime location and world-class connectivity place it at the centre of Dubai's future – the lynchpin between Dubai Exhibition Centre, Al Maktoum International Airport and Jebel Ali Port and a key driver of Dubai's Economic Agenda (D33) A world-class free zone, it is home to a thriving business community that supports cross-sector collaboration and provides a springboard for businesses of all sizes to scale and grow, enhancing Dubai's position as a global centre of trade and reinforcing the UAE's development and diversification ambitions Its residential communities redefine urban living, exemplifying best practice in innovative, environment-friendly design with a focus on wellbeing and happiness An incubator for innovation, it is a testbed for solutions and a platform for groundbreaking ideas that benefit both people and the planet Packed with educational, cultural and entertainment offerings, with more than 30 indoor and outdoor venues attracting globally significant events, it celebrates human creativity and ingenuity and inspires future generations Designed as a blueprint for sustainable urban living and one of five hubs on the Dubai 2040 Urban Master Plan, its roadmap to achieving net zero by 2050 and its broader decarbonisation targets raise the bar on responsible urban development For media enquiries, please contact
