Dugasta Properties offers 40% guaranteed returns in 5 years on purchase of homes with buy-back option after 5 years

Dugasta Properties offers 40% guaranteed returns in 5 years on purchase of homes with buy-back option after 5 years

Dugasta Properties, a Dubai-based developer that translates dreams into reality, has launched a game-changing scheme for home buyers at Al Haseen Residences that guarantees 8 percent annual return on investment in the first five years – followed by a buy-back option after the fifth year to sell off the properties back to the developer.

 

Moreover, the integrated package comes with a service charge waiver for the first five years, that amounts to a healthy net saving. Al Haseen Residences, a mid-rise two-building project located next to Al Maktoum International Airport, offers 217 apartments that have been built and delivered by Dugasta Properties.

 

Prices of ready-to-move-in apartments start as low as Dh342,000 (US$93,188) for a studio and Dh1,023,000 for a two-bedroom apartment – way below the current market prices – that is going to double in the next few years due to the massive development taking place next to Al Maktoum International Airport close to where Al Haseen Residences are located.

 

With such low prices, investors could benefit from the expected price appreciation in the next few years due to growing demand for homes around Dubai South where the world’s largest greenfield airport – Al Maktoum International – is being developed that will create a new city in the area.

 

As per the 8 percent guaranteed return on investment scheme an investor in a property priced, for example, at Dh1 million for a two-bedroom apartment will receive a guaranteed Dh80,000 return every year for the first five years and subsequently receive a guaranteed total of Dh400,000 in five years, regardless of the market conditions – and then if he wish to sell the property after five years, the developer could buy back the property. This game-changing initiative will create a win-win situation for everyone – the property buyer or investor, developer and broker – and will encourage new investors to benefit from the opportunities created by the scheme.

 

“This effectively means that the home buyer or investor would get back 8 percent of their investment per annum for five years,” Tauseef Khan, Founder and Chairman of Dugasta Properties, says.

 

“As per the scheme, we are also offering the buy-back option of the property after five years, if the buyer/investor decides to sell it off. Although properties are currently selling at a higher price, we have decided to enter the market at a comfortable and attractive price point that will attract the middle-income families to buy their dream homes and we believe this price will be sustainable in the long run even in the case of softening of the market.”

 

Mr. Tauseef Khan, who brings more than three decades of experience in leasing and selling property across Dubai, through his leasing and sales arm, City Tower Real Estate, which manages more than 7,000 apartments and villas in Dubai, added, saying, “As we celebrate the Year of Sustainability in the UAE and prepare to host COP28 Summit in November, it is important to practice sustainability in all aspects. For us, economic sustainability is more crucial than environmental sustainability as we need to sell properties at a price that market can support in the long run.

 

“Hence, we have decided to start the price from as low as Dh342,000 for a studio, although we could sell at a much higher price. I believe, this price is very affordable and sustainable and the market could support this price even in the face of a soft landing sometime near future.”

 

The new scheme, coupled with the lowest possible prices, service charge waiver and attractive location of the future, makes Al Haseen Residences the most sought-after properties and buyers will be able to sell them at double the purchase price, if not triple in the next few years when most airlines start shifting flights to Al Maktoum International Airport that has a design capacity to handle 160 million passenger per annum. The demand for homes in that area will jump manifold, so will the price.

 

Mr. Azaan Khan, CEO of Dugasta Properties, says, “Dugasta Properties has lined up an ambitious pipeline of projects aligned with the vision of the Government of Dubai to create world-class assets for local and foreign investors. We are going to announce them in due course.

 

“Our first project Al Haseen Residences is the perfect example of this and offers a great investment proposition for those who are looking for a combination of luxury, affordability, and profitability located where all the new developments are going to take place. In that way, buyers of the Al Haseen Residences will have the first-mover advantage.”

 

Dugasta Properties’ sales, marketing and leasing arm City Tower Real Estate has been in business for the last three decades dealing with tenants and corporate customers with high-quality leasing advisory services. Dugasta Properties is the group’s new real estate development company which will spearhead a series of projects for development in the coming years.

 

Mr. Assad Khan, President of Dugasta Properties, says, “At Dugasta Properties, we are committed to providing our customers with the best possible value for their money. Our new investment scheme guarantees a healthy return on investment, making it the perfect opportunity for those looking to buy a home in Dubai. Our game-changing investment scheme is an ideal deal for everyone involved. Investors can enjoy a guaranteed return on their investment, while we are able to expand our portfolio and meet the growing demand for housing in Dubai.”

 

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Mahzooz Saturday Millions’ 148th and first draws after latest prize restructuring, result in an unprecedent victory for 116,022 winners!

Mahzooz Saturday Millions’ 148th and first draws after latest prize restructuring, result in an unprecedent victory for 116,022 winners!

1 October, 2023, Dubai, UAE: Following the recent prize structure change aiming at multiplying the number of winners, Mahzooz Saturday Millions, the UAE’s leading weekly draw with the biggest and most frequent pay-outs, stood true to its promise at the 148th draws and awarded 116,022 winners a total prize of AED 1,727,850.

 

Embracing the new prize structure designed to maximise winnability, Mahzooz Saturday Millions lived up to its reputation as the leader in generous weekly pay-outs. While the top prize of AED 20,000,000 went unclaimed this week, 116,022 winners scored victory as follows:

  • 2nd prize: 24 winners matched 4 of 5 numbers and shared the second prize of AED 150,000, earning AED 6,250 each.
  • 3rd prize: 1,242 winners matched 3 out of 5 numbers and shared the second prize of AED 150,000, earning AED 121 each.
  • 4th prize: 18,469 winners matched 2 out of 5 numbers and earned a free Mahzooz line worth AED 35 (total: AED 646,415)
  • 5th prize: 96,287 winners matched 1 out of 5 numbers and earned AED 5 each, (total: AED 481,435)

As part of Mahzooz Saturday Millions’ newest prize structure, where 3 lucky participants win the Triple 100 GUARANTEED raffle prize of AED 300,000, the 148th draws awarded the holders of ID 38755240, ID 38813912 and ID 38629749 AED 100,000 each.

 

For only AED 35, participants can purchase a bottle of Mahzooz Saturday Millions water and enter the weekly draws consisting of the Grand Draw, for a chance to win the top prize of AED 20,000,000, the second prize of 150,000, the third prize of AED 150,000, the fourth prize of free Mahzooz line worth AED 35 and the fifth prize of AED 5, as well as the Triple 100 weekly raffle draw, which will grant AED 100,000 every week to three GUARANTEED raffle winners.

 

Mahzooz, which means ‘lucky’ in Arabic offers participants a life-changing opportunity to win millions every week. Mahzooz is dedicated to changing people’s lives through its weekly prizes and its commitment to giving back to the community.

 

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Early detecting and screening for urological of diseases strongly supported by Emirates Urological Society

Early detecting and screening for urological of diseases strongly supported by Emirates Urological Society

 

The 12th Emiratis urological Conference, which was organized in conjunction with the 20th Asian urological Conference in Dubai hosted for the first time at the Middle East level, came out with the following important recommendations:

support the young urologist Residents in research and leadership and select the best papers to represent uae in international conference .and   early detecting of the diseases in particular prostate and testicular cancers screening,  and women’s health and urinary incontinence diagnosis and management

Minimal invasive surgery in pediatric anomalies cases and   encourage doctors to learn more about artificial intelligence and robotic surgery in field of urology

The conference recommended a unify data collection for better analysis and understanding- encouraging to go for virtual healthcare system to maximize benefits and reach to maximum number of patients

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Global Village Season 28 VIP Packs sell out in record time

Global Village Season 28 VIP Packs sell out in record time

 

UAE, Dubai, September 30, 2023 – Global Village announced that the highly sought-after Season 28 VIP Packs sold out a record number of packs in record time after sales launched on Saturday, 30th September.

Guests will get their VIP packs over the next 10 days, just in time for the Season 28 opening on 18th October 2023. There is a lot of excitement over who will find the golden cheque and Global Village is asking all guests to film themselves opening their pack as one lucky VIP pack holder will win AED 28,000.

Global Village is also encouraging VIP pack holders to embrace the spirit of the UAE Year of Sustainability by planting and nurturing the ‘Seeds of Hope’ that were gifted along with the packs this year.

VIP guests are reminded that they can register their packs through the Global Village website or mobile application to activate their VIP benefits and access their customised dashboard.

For those who were not able to secure a VIP Pack, Global Village will soon be launching other exclusive and value saving packs for sale, such as the Family Packs, while general admission tickets will be available online and at the gates from 18th October 2023.

Visit Global Village’s website globalvillage.ae and social media channels for the latest updates:

Instagram: @GlobalVillageUAE

X: @GlobalVillageAE

Facebook: @GlobalVillageAE

Snapchat: @GlobalVillageME

TikTok: @GlobalVillageAE

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  Urology Conference train doctors on artificial intelligence and robotics

  Urology Conference train doctors on artificial intelligence and robotics

The Emirates Urological Society Conference, which is currently being held at the Conrad Dubai Hotel, was held in conjunction with the 20th Asian Conference, which Dubai is hosting for the first time in the Middle East. A series of programs and lectures were presented by associations and people specialized in the field of robotics and artificial intelligence, urinary incontinence in women, and fertility and childbirth. , tumors of the urinary system, and urinary tract infections, in addition to workshops related to how to deal with kidney stones, with the participation of 75 newly graduated doctors to train them and provide them with the necessary scientific and practical experience in the field of urology.

Dr. Abdul Qader Al Zarouni, President of the Emirates Urology Association and Chairman of the Conference, said that the trained doctors in the specialty of urology then took the final exam after two days of intensive lectures.

On the other hand, a number of doctors participating in the conference praised the great efforts made in preparing for the conference, stressing that the city of Dubai is now considered one of the best cities in the world for holding such conferences.

Dr. Abdullah, Head of the Surgery Departments at King Fahad Medical City, thanked the scientific committee of the conference for carefully selecting speakers who have a long history in research and urological surgeries, which is a golden opportunity for all participants to develop their practical and practical skills and gain international experience.

Dr. Abdullah stated that kidney stones are one of the most common urinary tract diseases in the countries of the region, for reasons including lack of drinking water, high temperatures, and puppy meat, and these are causes that can be prevented, in addition to the problems of delayed childbearing, either due to late marriage or health problems in one of the partners.

For his part, Dr. Khaled Ahmed Al-Jalham, Senior Consultant in Urology at Hamad Hospital in the State of Qatar, praised that the most important feature of the conference is that it is held in the Emirate of Dubai, which is known for the success of its conferences and the large number of participants.

He said that the training workshops that were held on the sidelines of the conference are an opportunity for residency doctors to develop their skills on how to deal with robots that have now entered various specialties, including urology surgeries, in addition to introducing them to artificial intelligence and the major role that it will play in the future in various sectors, including the medical sector.

He added that what distinguished this year’s conference was the large number of companies participating in the exhibition that were keen to present their latest and latest medical products, especially since most international companies are looking to the Dubai market as an entry gateway to the Gulf markets that are witnessing a qualitative boom in the growth of the health care sector.

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The Urology Conference kicks off in Dubai, attended by 2,500 doctors from 75 countries

The Urology Conference kicks off in Dubai, attended by 2,500 doctors from 75 countries

Dubai,28 September 2023

The activities of the Emirates Urological Association Conference and the 20th Asian Conference were launched in Dubai this evening, which Dubai is hosting for the first time in the Middle East and the Gulf, with the participation of more than 2,500 doctors from more than 75 countries at the Conrad Dubai Hotel.

Dr. Abdul Qader Al Zarouni, President of the Emirates Urological Society and Chairman of the Conference, welcomed the hosting of the Asian Conference, which Dubai is hosting for the first time, stressing that the discussions that will be conducted by the doctors participating in the conference, whether through lectures and research or sessions and discussions, will result in positive results that will benefit the participating doctors and patients in a great way. Oh

Dr. Yasser Al-Saeedi, Vice President of the Society, indicated that the conference will focus on developing clinical skills and training on the latest technologies and modern devices in all subspecialties in kidney diseases and urinary tract surgeries.

He added that the conference will discuss over three days approximately 1,000 working and research papers, most of which will be reviewed in separate sessions to encourage medical personnel to research and scientific publication, in addition to holding 14 workshops for training, work and practice using the latest modern technologies such as robotics and modern technology in urology.

Dr. Younis Al-Shamsi, Secretary of the Urology Society, expressed his happiness at hosting the twentieth Asian Urology Conference, expressing his hope that the conferences will produce results that will benefit all participants in developing their scientific and practical expertise to serve urinary tract disease.

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Danube Home Unveils the Exciting My Garden Collection for 2024

Danube Home Unveils the Exciting My Garden Collection for 2024

Danube Home, the region’s foremost home improvement and furniture retailer, proudly announces the launch of its highly anticipated Garden collection. The grand unveiling of the My Garden 2024 catalogue took place at the Al Barsha showroom in the presence of esteemed members of the press and top management from Danube Home.

Sayed Habib, Director of Danube Home, shared insights about this year’s theme, stating, “The theme of the Danube Home My Garden 2024 catalogue is ‘Think Outdoor, Think Danube Home.’ The collection comprises products that can create different outdoor aesthetics like Calm, Modern, Boho, Evergreen, Monochrome and Contemporary. The meticulously designed and curated products are suitable for various outdoor spaces, whether it’s a cozy apartment balcony or an expansive villa backyard. Our designs cater to diverse aesthetic preferences, ensuring that everyone can find something they love to design their dream garden under one roof.”

The remarkable My Garden collection at Danube Home encompasses a wide range of garden products, including gazebos and pergolas, balcony sets, sofa sets, dining sets, swings, parasols, outdoor lighting, and garden accessories. Each item is designed to offer exceptional durability, capable of withstanding outdoor weather conditions.

Habib further highlighted the company’s commitment to sustainability, saying, “Today, our customers are more environmentally conscious than ever before. There’s a growing emphasis on sustainability and ethically sourced, manufactured, and packaged products. That’s why we’ve made sustainability a cornerstone of our collection this year. We’ve incorporated sustainable materials such as olefin fibers in our seating options, and our gazebos and pergolas are crafted from sustainable and recyclable materials like aluminium and steel. Additionally, we’ve prioritized local sourcing to reduce transport emissions and conserve energy.”

Dangati Jayaraj, General Manager – Retail, Danube Home, emphasized the customer-centric approach, stating, ” Our My Garden 2024 catalog has been crafted to ignite the imagination of our customers, encouraging them to craft and shape their ideal outdoor oasis. With our exquisite array of offerings, customers have the freedom to blend and match products to manifest their desired aesthetics. With decades of experience, we proudly hold the No.1 position as the premier outdoor solutions provider in the market with majority of the products having warranty of up to 2 years. Having already solidified our reputation as the ultimate home destination, offering a diverse array of products across various categories all under one roof, we are now setting our sights on becoming the go-to destination for all things outdoor as well.”

As the region experiences cooler weather, the demand for high-quality outdoor furniture is on the rise. With its latest offering, Danube Home aspires to establish itself as the most trusted outdoor furniture brand in the region.

The My Garden 2024 catalogue is user-friendly and accessible on both Android and iOS devices. The new collection is available at all Danube Home showrooms in the UAE and can also be explored online at www.danubehome.com.

 

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Alfa Romeo Unveils the All-New 2024 Tonale, Giulia and Stelvio in the UAE 

Alfa Romeo Unveils the All-New 2024 Tonale, Giulia and Stelvio in the UAE 

Abu Dhabi, UAE, September 19, 2023: Gargash Motors and Alfa Romeo have officially unveiled the 2024 Alfa Romeo lineup in the UAE – featuring the all-new Tonale, Giulia, and Stelvio, marking the models’ official GCC debuts.

 

Delivering unparalleled performance, a rich heritage, and exceptional Italian craftsmanship, the 2024 Alfa Romeo lineup was revealed during a special event held at Yas Marina Circuit, Abu Dhabi – home to the Abu Dhabi Grand Prix.

 

The All-new 2024 Tonale, Giulia, and Stelvio are now available at Gargash and Alfa Romeo showrooms across Dubai and Abu Dhabi. All three new models have undergone notable advancements in the brand’s signature characteristics, including their exceptional weight distribution, top tier driving dynamics, and cutting-edge technological and engineering solutions that position them at the forefront of their segment.

 

Taking center stage at the launch is the brand-new 2024 Tonale, marking Alfa Romeo’s entry into the highly competitive compact SUV segment, recognised as the world’s largest automotive market. Set to make a significant impact in the region, the all-new Tonale boasts Italian design excellence, impeccable craftsmanship, and a host of distinctive features that set it apart within its class. With a choice of two distinct trims, Ti and Veloce, the Tonale caters to a wide spectrum of preferences and driving requirements, presenting a seamless fusion of style, performance, and cutting-edge technology.

 

The Tonale marks the ‘metamorphosis’ of Alfa Romeo into a new era of mobility. The Ti version is defined externally with a satin chrome V front bezel, 18-inch dark finish diamond cut alloy wheels with coloured Alfa Romeo centre wheel caps, a gloss-black body kit with satin side and front inserts, and black painted mirror caps. Inside, sporty black cloth upholstery, a driver’s seat with four-way electric lumbar adjustment, 60/40 split rear seats with ski pass and a sport leather steering wheel with a start button mark out the Ti.

 

Commenting on the launch, Morgan Sunderland, General Manager at Gargash Motors, said “We firmly believe that customer satisfaction goes beyond the purchase of a car. It extends to the entire ownership experience. We at Gargash Motors along with our partners such as Alfa Romeo want you to enjoy every moment behind the wheel, knowing that we are there to support you at every step. Alfa Romeo’s range for 2024 is genuinely designed to go above and beyond what our customers expect.”

 

Jo Moursi, Head of Italian Brands, Stellantis Middle East, said: “The unveiling of Alfa Romeo’s 2024 lineup for the first time in the GCC, featuring the Tonale, Giulia, and Stelvio, marks a pivotal moment for car aficionados in the Emirates. Recognising the UAE as a key market where there’s an inherent appreciation for automotive sophistication, a deep-rooted love for Italian brands, and an enduring enthusiasm for motorsports, Alfa Romeo is uniquely positioned to capture the imagination of the local driving community. Our illustrious history in motorsports, particularly in Formula 1, strongly resonates with UAE drivers, and thanks to our partner Gargash Motors, we are enhancing the ownership experience by offering unique after-sales service, including a seven-year service and warranty package.”

 

The 2024 Giulia and Stelvio encompass all the work and dedication of the Alfa Romeo designers and engineers to improve upon two masterpieces, both of which are the result of the perfect balance between aesthetics and functionality. Standing out on the fronts of the new Giulia and Stelvio, the front grille, where the logo is positioned, and the lower grilles of the two main air ducts have been given a unique finishing, providing a contemporary reinterpretation of the famous and distinct “Trilobo” grille.

 

Additionally, the New Giulia and Stelvio are equipped with the most cutting-edge technology to ensure a comfortable and connected experience, while simultaneously providing the trademark pleasure of driving an Alfa Romeo.

 

When it comes to driving dynamics, the Alfa Romeo Giulia and Stelvio stand out as best-in-class within their segment. The meticulous engineering and attention to detail result in an exceptional driving performance that sets new benchmarks for agility, responsiveness, and precision.

 

Earlier this month, Alfa Romeo announced the rebirth of its custom-built 33 Stradale, a veritable “manifesto” of the Italian brand’s capabilities – now and in the future – in terms of style and driving experience. Made in only 33 exclusive units, according to a unique artisan process, the new “two-seater” coupé combines the brand’s heritage and future as the symbol of noble Italian sportsmanship.

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DSMG Wraps Up the Spectacular Dubai Summer Surprises 2023, Marks 7 per cent Increase in Footfall

DSMG Wraps Up the Spectacular Dubai Summer Surprises 2023, Marks 7 per cent Increase in Footfall

Dubai, 12 September 2023 – Dubai Shopping Malls Group (DSMG) has announced the successful conclusion of the highly anticipated ‘Shop, Drive & Live It Up’ campaign part of the 2023 edition of Dubai Summer Surprises. After a thrilling ten-week run, the campaign has offered the lavish Nissan X-trail to 6 lucky winners among thousands of participants, namely: Wahida Gani, Sunu V Jacob, Nikita, Jayson Reyes, Khalid AlJallaf and Deebu George.

Drawing attention and excitement from enthusiastic shoppers, the 2023 DSS took retail therapy to newer heights this year with captivating promotions and offers for one and all. This year’s DSS also offered extensive discounts and distinguished experiences for its shoppers through its 20 participating malls.

Majid Al Ghurair, Chairman of Dubai Shopping Malls Group, expressed his delight at the success of this year’s DSS, saying, “Once again, the Dubai Shopping Malls Group has delivered an extraordinary summer shopping experience with the 2023 Dubai Summer Surprises. We are proud to have been part of an event that brings joy, excitement, and unparalleled value to our shoppers. This year’s DSS was a testament to Dubai’s resilience and its commitment to offering world-class entertainment and shopping experiences. We extend our heartfelt gratitude to our partners, retailers, and the entire Dubai community for their unwavering support.”

Wahida Gani, one of the winners of the Nissan X-trail, said, “It is an incredible feeling! This was my very first time participating, and I can’t express how blessed I feel to have won the car. It’s truly a wonderful experience, and I’m so grateful for this opportunity.”

Jayson Reyes, another Nissan X-trail winner said, “I am overjoyed and still in disbelief that I won the raffle! After participating at Dubai Outlet Mall for three consecutive years, it’s incredibly rewarding that my persistence has finally paid off. Patience truly is the key, and I’m so thankful to DSMG for this opportunity. This victory has inspired me to participate again next year with the hope of winning once more. Thank you all for this incredible experience!”

As the curtains fall on the 2023 Dubai Summer Surprises, DSMG remains committed to enhancing the shopping experience for residents and visitors in Dubai. The organization is already setting its sights on the future, promising to bring more joy, discounts, and surprises to the city’s retail landscape in the years to come.

 

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Al Masaood Bergum Joins Global Architecture and Construction Leaders at Cityscape Global 2023

Al Masaood Bergum Joins Global Architecture and Construction Leaders at Cityscape Global 2023

[Abu Dhabi, United Arab Emirates] – September 10, 2023 – Al Masaood Bergum, part of Al Masaood Group and one of the UAE’s leading modular building system providers, is set to join global construction experts and showcase its commitment to sustainable and innovative modular building solutions at Cityscape Global 2023. The highly anticipated event will take place from September 10-13 at the Riyadh Exhibition Center in Malham, Saudi Arabia, bringing together industry leaders to explore the latest advancements shaping the future of architecture and construction.

 

Commenting on its participation, Jens Otterstedt, the General Manager of Al Masaood Bergum, said: “As we come together with industry leaders at Cityscape 2023, we remain steadfast in our dedication to offering comprehensive and strategic solutions that support the transformation of the architecture and  construction industries to a cleaner future. We advocate for sustainable and innovative solutions that redefine the essence of architecture from an industrial perspective. This event offers a unique opportunity to spark architectural innovations, showcase our sustainable building systems and share our expertise, contributing to shaping a new era in construction.”

 

According to BCG statistics, building materials sourcing contributes between 10% to 30% of global building emissions, creating an urgent need for sustainable construction practices in the region. Visitors to Al Masaood Bergum’s stand, located at H1.P34, will have the opportunity to explore the company’s innovative solutions that have a sustainable impact, including Cross Laminated Timber (CLT) building system and Hybrid Modular Building System. CLT, an eco-conscious engineered solid wood panel, is fabricated from a highly sustainable carbon-sequestering substance. It offers a wide range of applications, including structural components, floors, walls, and roofing, and presents an effective solution for sustainable construction with its exceptional resistance, thermal and acoustic properties, and versatile architectural options.

Additionally, Al Masaood Bergum will be showcasing the Hybrid Modular Building System, a rapidly growing cold-formed steel-based modular construction system manufactured at the company’s facility to make the construction process easier and products stronger. Al Masaood Bergum enhances its systems by employing standardization processes and state-of-the-art engineering strategies, guaranteeing the seamless production of modular units on a substantial scale.

Cityscape Global 2023 serves as a hub of knowledge exchange, where industry leaders, architects, and professionals gather to explore emerging trends and advancements in the built environment. To learn more about Al Masaood Bergum’s pioneering approach to sustainable construction through innovative modular building systems, visit www.amb.ae

 

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