Dubai property developer Deyaar has launched Rivage, its first residential project on Abu Dhabi’s Al Reem Island, marking the company's entry into the capital’s real estate market.
Deyaar said construction is set for completion by the last quarter of 2027 but did not disclose the project’s financial details.
Developed in partnership with Arady Properties, Rivage will offer resort-style waterfront living with a variety of luxury homes, including one to three-bedroom units, duplexes, “sky villas and sky palaces”, the Dubai-listed company said in a statement on Tuesday.
Rivage is a “blend of vibrant city life and peaceful waterfront serenity, providing stunning views and top-notch amenities ideal for families seeking both excitement and tranquillity”, Saeed Al Qatami, Deyaar’s chief executive, said.
Located near Zayed International Airport, with healthcare facilities, educational institutions and shopping centres, Rivage aims to appeal investors and families. The development will also include a sky pool, spa, fitness facilities and smart home technology for sustainable living.
“We are confident that Rivage will become one of the most sought-after luxury and lifestyle developments on the island,” said Khaled Al Fahim, chairman of Arady Properties.
“The combined blend of urban sophistication and the tranquil waterfront living offers an unparalleled lifestyle experience to the residences and families,” Mr Al Fahim added.
The UAE’s property market continues to grow on the back of government initiatives such as residency permits for retired people and remote workers, as well as a strong expansion in its non-oil economy.
Deyaar has a share capital of Dh4.38 billion ($1.19 billion). Since its establishment in 2002, the company has delivered an extensive portfolio of commercial and residential properties.
In February, it launched a Dh700 million project in Dubai’s Jebel Ali, ranging from studios to three-bedroom flats. In January, it launched Rosalia Residences in Al Furjan, which has sold out.
Abu Dhabi’s property market, in particular, is booming. In the first half of the year, the emirate recorded 12,439 property transactions valued at Dh36.2 billion, with Dh23.7 billion worth of sales and purchase deals and Dh12.5 billion comprising mortgage transactions, according to the Abu Dhabi Real Estate Centre.
Investors from 75 countries including the US, the UK, China, Russia and Kazakhstan bought property worth Dh3.28 billion in the emirate during the six-month period, the latest data shows.
Like a Fading Shadow
Antonio Muñoz Molina
Translated from the Spanish by Camilo A. Ramirez
Tuskar Rock Press (pp. 310)
What is graphene?
Graphene is extracted from graphite and is made up of pure carbon.
It is 200 times more resistant than steel and five times lighter than aluminum.
It conducts electricity better than any other material at room temperature.
It is thought that graphene could boost the useful life of batteries by 10 per cent.
Graphene can also detect cancer cells in the early stages of the disease.
The material was first discovered when Andre Geim and Konstantin Novoselov were 'playing' with graphite at the University of Manchester in 2004.
Ziina users can donate to relief efforts in Beirut
Ziina users will be able to use the app to help relief efforts in Beirut, which has been left reeling after an August blast caused an estimated $15 billion in damage and left thousands homeless. Ziina has partnered with the United Nations High Commissioner for Refugees to raise money for the Lebanese capital, co-founder Faisal Toukan says. “As of October 1, the UNHCR has the first certified badge on Ziina and is automatically part of user's top friends' list during this campaign. Users can now donate any amount to the Beirut relief with two clicks. The money raised will go towards rebuilding houses for the families that were impacted by the explosion.”
Batti Gul Meter Chalu
Producers: KRTI Productions, T-Series
Director: Sree Narayan Singh
Cast: Shahid Kapoor, Shraddha Kapoor, Divyenndu Sharma, Yami Gautam
Rating: 2/5
CHATGPT%20ENTERPRISE%20FEATURES
%3Cp%3E%E2%80%A2%20Enterprise-grade%20security%20and%20privacy%3C%2Fp%3E%0A%3Cp%3E%E2%80%A2%20Unlimited%20higher-speed%20GPT-4%20access%20with%20no%20caps%3C%2Fp%3E%0A%3Cp%3E%E2%80%A2%20Longer%20context%20windows%20for%20processing%20longer%20inputs%3C%2Fp%3E%0A%3Cp%3E%E2%80%A2%20Advanced%20data%20analysis%20capabilities%3C%2Fp%3E%0A%3Cp%3E%E2%80%A2%20Customisation%20options%3C%2Fp%3E%0A%3Cp%3E%E2%80%A2%20Shareable%20chat%20templates%20that%20companies%20can%20use%20to%20collaborate%20and%20build%20common%20workflows%3C%2Fp%3E%0A%3Cp%3E%E2%80%A2%20Analytics%20dashboard%20for%20usage%20insights%3C%2Fp%3E%0A%3Cp%3E%E2%80%A2%20Free%20credits%20to%20use%20OpenAI%20APIs%20to%20extend%20OpenAI%20into%20a%20fully-custom%20solution%20for%20enterprises%3C%2Fp%3E%0A
Lexus LX700h specs
Engine: 3.4-litre twin-turbo V6 plus supplementary electric motor
Power: 464hp at 5,200rpm
Torque: 790Nm from 2,000-3,600rpm
Transmission: 10-speed auto
Fuel consumption: 11.7L/100km
On sale: Now
Price: From Dh590,000
COMPANY PROFILE
Name: HyperSpace
Started: 2020
Founders: Alexander Heller, Rama Allen and Desi Gonzalez
Based: Dubai, UAE
Sector: Entertainment
Number of staff: 210
Investment raised: $75 million from investors including Galaxy Interactive, Riyadh Season, Sega Ventures and Apis Venture Partners
Plan to boost public schools
A major shake-up of government-run schools was rolled out across the country in 2017. Known as the Emirati School Model, it placed more emphasis on maths and science while also adding practical skills to the curriculum.
It was accompanied by the promise of a Dh5 billion investment, over six years, to pay for state-of-the-art infrastructure improvements.
Aspects of the school model will be extended to international private schools, the education minister has previously suggested.
Recent developments have also included the introduction of moral education - which public and private schools both must teach - along with reform of the exams system and tougher teacher licensing requirements.
What's in the deal?
Agreement aims to boost trade by £25.5bn a year in the long run, compared with a total of £42.6bn in 2024
India will slash levies on medical devices, machinery, cosmetics, soft drinks and lamb.
India will also cut automotive tariffs to 10% under a quota from over 100% currently.
Indian employees in the UK will receive three years exemption from social security payments
India expects 99% of exports to benefit from zero duty, raising opportunities for textiles, marine products, footwear and jewellery
