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.

 

Mahzooz Saturday Millions’ 148th and first draws after latest prize restructuring, result in an unprecedent victory for 116,022 winners! Read More
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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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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Aafaq celebrates Emirati Women’s Day and Honors Their Pioneering Contributions

Aafaq celebrates Emirati Women’s Day and Honors Their Pioneering Contributions

Dubai, UAE – August 29, 2023 – Aafaq, a leading financial institution in the UAE, proudly celebrated Emirati Women’s Day at DIFC Innovation Hub. Aligned with the UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan’s “Year of Sustainability 2023,” Aafaq hosted a distinguished occasion that embodied the values of collaboration, progress, and empowerment.

Themed “We Collaborate for Tomorrow,” the landmark event took place at the DIFC Innovation Hub on Monday, August 28, 2023. Emirati Women’s Day symbolized the UAE’s enduring commitment to unity, growth, and empowerment, with a special emphasis on women’s remarkable contributions across diverse sectors.

The event featured enlightening lectures by two distinguished speakers. Sara Al Dallal, President of the Emirates Health Economics Society at the Emirates Medical Association, shared her transformative insights into healthcare economics and the role of collaboration in shaping the future of healthcare. Additionally, Dr. Arshi Ayub Mohamed Zaveri, CEO of Trust with Trade Group, provided visionary perspectives on reshaping business ethics and trust. Dr. Zaveri emphasized collaborations that transcend boundaries and create lasting legacies.

Hisham Hammoud, CEO of Aafaq, remarks, “As we celebrate Emirati Women’s Day, we honor the profound contributions of Emirati women to our society’s tapestry of progress and resilience. Their unwavering spirit and remarkable achievements remind us that collaboration and empowerment are the cornerstones of a thriving future. At Aafaq, we proudly stand alongside these trailblazers, committed to fostering an environment where their voices, ambitions, and accomplishments continue to shape a tomorrow filled with infinite promise.”

“We are immensely proud to have commemorated Emirati Women’s Day through this exceptional event,” said Yusra Baqi, SVP – Head of Marketing at Aafaq. “Aafaq’s dedication to fostering collaboration aligned with the UAE’s spirit of growth, and we firmly believed in the transformative power of unity for personal and collective advancement.”

The event served as a platform for attendees to unite in recognizing and celebrating the contributions of Emirati women and to encourage their ongoing impact on society and the economy.

 

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MODESH AND DANA MEET THE SMURFS TO CELEBRATE DUBAI SUMMER SURPRISES

MODESH AND DANA MEET THE SMURFS TO CELEBRATE DUBAI SUMMER SURPRISES

Dubai, United Arab Emirates, 22 August 2023: Dubai’s beloved Modesh and Dana are inviting The Smurfs to experience the city during DSS for even more summer fun.

 

Catch this lively collaboration between The Smurfs and Dubai’s own fun-loving duo on screens at the Ice Rink – Dubai Mall. Don’t miss the chance to catch a glimpse of the fun 3D anamorphic billboards depicting their new friendship from 21 August until 3 September.

 

What’s more, visitors to the mall can snap a photo at the Ice Rink in Dubai Mall and tag @mymodesh and @celebratedubai on social channels, for a chance to win exciting prizes. Follow @mymodesh as well to learn more.

 

Enjoy the ultimate summer extravaganza filled with incredible surprises, unmissable retail offers, diverse culinary delights, and endless entertainment this Dubai Summer Surprises, running until 3 September. For more information, visit @CelebrateDubai and @StyledByDubai on social media channels, and www.mydss.ae. Stay updated with all things Modesh World at @mymodesh.

Dubai Summer Surprises is supported by key sponsor RAKBANK MasterCard and Strategic partners which include: Al Futtaim Malls (Dubai Festival City Mall & Festival Plaza), Al Seef, Al Zarooni Group (Mercato Shopping Mall), AW Rostamani Group, Bluewaters, Citywalk, Emirates Airline, Enoc, Etisalat, Majid Al Futtaim (Mall of the Emirates, City Centre Mirdif, City Centre Deira), Nakheel Malls (Ibn Battuta Mall, Nakheel Mall, Dragon Mart 2, Palm West Beach and The View), The Beach and The Outlet Village.

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Khaled bin Mohamed bin Zayed receives Tahnoon bin Mohammed Al Nahyan at ADNOC headquarters during visit to review company’s role in advancing national economic growth ​

Khaled bin Mohamed bin Zayed receives Tahnoon bin Mohammed Al Nahyan at ADNOC headquarters during visit to review company’s role in advancing national economic growth ​

Abu Dhabi, UAE, August 15, 2023: His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, today received His Highness Sheikh Tahnoon bin Mohammed Al Nahyan, the Ruler’s Representative in Al Ain, during a visit to ADNOC’s Headquarters to review the company’s efforts in advancing the growth of the national economy.

 

His Highness was accompanied by Sheikh Theyab bin Tahnoon bin Mohammed Al Nahyan, and Sheikh Zayed bin Tahnoon bin Mohammed Al Nahyan. Also attending were His Excellency Dr. Sultan Ahmed Al Jaber, Minister of Industry and Advanced Technology and ADNOC Managing Director and Group CEO, and members of the company’s executive management.

 

During his visit, His Highness Sheikh Tahnoon bin Mohammed Al Nahyan toured the ADNOC Visitor Center, which provides an immersive insight into ADNOC’s legacy and achievements, its transformation journey to a lower-carbon future and the role the company plays in enabling the UAE’s economic growth. The centre also details how ADNOC’s strategic partnerships are enabling the company to unlock and maximise value and responsibly meet global energy demand.

 

His Highness praised ADNOC’s transformation journey as a responsible global energy pioneer, its contribution as an engine of economic growth and diversification in the UAE and its pivotal role in strengthening the country’s leadership in the global energy sector, under the directives of the UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan.

 

His Highness Sheikh Tahnoon bin Mohammed also commended ADNOC’s employees for their role in delivering on its decarbonisation plan, responsibly contributing to meeting growing global energy demand, and establishing its leading global position as a responsible supplier of low-emission energy.

His Highness appreciated the company’s focus on the use and application of advanced technologies such as carbon capture and storage in order to reduce emissions, connecting its offshore operations to clean grid power through a project which will reduce its offshore carbon footprint by up to 50%, and delivering on its plan to plant 10 million mangroves by 2030. In 2022, ADNOC planted 200,000 mangrove seeds using drone technology as part of its plan to plant 2.5 million mangrove seeds over a period of three years.

 

The visit to ADNOC reflects His Highness’s continued interest in the success of the company he played a key role in shaping. His Highness was appointed Chairman of the ADNOC Board of Directors in 1973 and was instrumental in setting the strategic direction of the company and laying the foundations for its growth. Under the chairmanship of His Highness, ADNOC set up its operating companies and rolled out industry best practices and guidelines across the oil and gas sector to ensure safe and sustainable operations across. His stewardship of ADNOC, under the guidance of the UAE leadership, set the company on the path to its current position in the top tier of lowest carbon intensity oil and gas producers in the world.

 

His Highness also served as the Chairman of the Board of Directors of ADNOC Distribution in 1987 and was appointed as a member of Abu Dhabi’s Supreme Petroleum Council in 1988. He played an important role in formulating the UAE’s oil policy in the 1980s.

 

His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan praised the work of His Highness Sheikh Tahnoon bin Mohammed Al Nahyan for his role in the founding of ADNOC and in setting the company’s vision and strategic goals, which enabled the company’s significant contributions to the UAE’s economic growth and development.

 

H.E. Dr. Sultan Ahmed Al Jaber said: “We were honored to welcome His Highness Sheikh Tahnoon bin Mohammed Al Nahyan to ADNOC. The visit highlights the UAE leadership’s unwavering support for and wise guidance to ADNOC and its employees, which continues to be instrumental to our progress and transformation journey over the past few years. In line with the leadership’s vision and directives, we continue to future-proof ADNOC, reinforce sustainability in all aspects of our business and bolster our position as a reliable and responsible global provider of lower-carbon energy as well as a key contributor to the UAE’s economic and social development.”

 

ADNOC has placed sustainability at the heart of its long-term strategy. The company recently accelerated its decarbonisation plan to bring forward its net zero ambition to 2045, from its previous target of 2050 as it continues on its transformational journey to a lower carbon future. The company has made an initial allocation of $15 billion (AED55 billion) towards low carbon solutions to expedite the implementation of its key decarbonisation initiatives, including carbon capture and storage, electrification, energy efficiency and nature-based solutions. Furthermore, the company has been playing a pivotal role in catalysing economic and social development in the UAE for more than 50 years.

Khaled bin Mohamed bin Zayed receives Tahnoon bin Mohammed Al Nahyan at ADNOC headquarters during visit to review company’s role in advancing national economic growth ​ Read More
Danube Properties launch Dh800 million Elitz 3 project in Jumeirah Village Circle, offering the best value for home buyers

Danube Properties launch Dh800 million Elitz 3 project in Jumeirah Village Circle, offering the best value for home buyers

Date: Dubai, UAE, August 5, 2023

Danube Properties, the fastest-growing private real estate developer in the UAE, announces the launch of Elitz 3 at the Jumeirah Village Circle (JVC), with a development value exceeding Dh 800 million at a star-studded event at Danube Sports World. The project will be in the same area as Elitz and Elitz 2 towers – which are currently under construction at the JVC – and help meet the growing demand for quality homes.

 

When completed in the fourth quarter of 2026, the twin-tower project Elitz 3 will rise 40 and 46 floors high and deliver 750 residential units including studio apartments, 1-bedroom, 2-bedroom, and 3-bedroom apartments, and a few retail stores. Like most other Danube projects, homes at Elitz 3 also come with more than 40 community, health, and lifestyle amenities including a health club, swimming pools, sports arena, tennis court, barbecue area, and jogging track, among other facilities.

 

Elitz 3 is Danube Properties’ 24th residential project and the 9th project to be launched in the last 18 months, which translates to one project launch every two months – making it also the busiest and the fastest-growing private real estate developer in the UAE.

 

With Elitz 3, Danube Properties’ project portfolio stands at 11,529 units spread across 24 projects with a combined development value exceeding Dh10 billion so far.

“Dubai’s real estate market continues to defy global economic slowdown due to its dynamism and attractiveness and we see sustained growth soon, which reinforces our firm belief in the market. This is what has encouraged us to launch Elitz 3 within just a month after launching Elitz 2 at the Jumeirah Village Circle (JVC),” Rizwan Sajan, Founder, and Chairman of Danube Group, said.

 

“The UAE’s leadership in handling the COVID-19 pandemic and managing the post-pandemic recovery has drawn the attention of the global investor community who have started to relocate their resources to the UAE, as evident in the growing number of tourists, businessmen, new business set up and purchase of both off-plan and ready-to-move-in apartments and villas.

 

“The launch of the Elitz 3 comes after Dubai’s real estate market has seen an unprecedented surge in the number of real estate transactions reaching 60,440 worth Dh 177.3 billion being recorded during the first half of the year. The value of real estate sales recorded in the first six months of the year exceeds the annual sales value recorded each year in Dubai from 2009 to 2021.

 

“Real estate is currently the biggest driver of Dubai’s economy that is attracting a large pool of domestic and foreign investment.”

 

Prices of residential units start from Dh 699,000 (US$190,305) for a studio apartment, making them an attractive proposition for home buyers and investors who could benefit from the continuous price appreciation as the real estate sector is witnessing an increase in demand. Danube Properties’ homes come with an attractive payment plan with a trend-setting 1 percent monthly payment plan, following the initial deposits – making home acquisition more affordable and attractive.

 

The homes are usually delivered around mid-way through the payment plan, which means the buyer can move into the apartment after paying 65 percent of the total value of the property. This helps homeowners extract additional value either by increasing savings on the rent or by paying the equated monthly installments (EMI) from the rental income.

 

 

Danube Properties maintains a policy of launching one project at a time, selling it out, and then appointing a contractor to build the project, before launching the next one. It has delivered 11 of them while the rest are currently under various stages of construction.

 

In addition to launching projects and building them, Danube Properties will also deliver three projects this year including Wavez, Jewelz, and Olivz. Most of the projects launched in 2022 and 2023 are ahead of the construction and delivery schedule.

 

“Elitz 3 comes with more than 40 lifestyle facilities that offer luxury and larger-than-life lifestyles to homeowners who will be pampered with the best of the best that is available in the market. With the increased number of lifestyle facilities and amenities, we are gradually expanding and upgrading the comfort level to our buyers who see an increasingly greater value in our properties,” Rizwan Sajan says.

 

“Our trend-setting 1 percent monthly payment scheme is helping more and more tenants to buy property and enjoy living in their own homes which has increased the number of freehold homeowners in the UAE.”

 

Elitz 2 homes will be smart and sustainable homes and will consume less energy – in line with the “Year of Sustainability” ahead of COP28.

 

Danube Properties offers homeowners a 10-year Golden Visa – especially those who qualify as per the investment criteria – subject to government approval. As a testament to the Dubai Land Department trust, the DLD also signed an agreement with Danube Properties to offer an Initial Sale Contract (Oqood) to property buyers almost instantly.

 

Danube Properties last year launched and sold out five projects with 2,099 homes worth Dh2 billion. As one of the most successful developers in the UAE with the highest launch-to-delivery ratio, Danube Group has recently delivered Bayz, Elz, Glamz, Lawnz, Resortz, and Starz, and while it is preparing to deliver three more projects this year. All these projects have been greatly appreciated by those who have bought units in them.

 

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Introducing the Botanic Sofa by Natuzzi  Elevate Your Living Space with Nature-Inspired Elegance

Introducing the Botanic Sofa by Natuzzi Elevate Your Living Space with Nature-Inspired Elegance

 

Dubai, UAE (30 July 2023) – Natuzzi, a global leader in high-quality Italian furniture, is thrilled to unveil one of its prominent creations, the Botanic Sofa. This exceptional piece of furniture seamlessly merges the beauty of nature with exquisite design, providing a transformative experience for your living space.

 

Available in 6 different configurations and crafted with meticulous attention to detail, the Botanic Sofa is a true testament to Natuzzi’s commitment to innovative craftsmanship. Inspired by the captivating allure of botanical elements, this sofa encapsulates the essence of organic beauty and timeless elegance. It effortlessly combines sleek lines, plush comfort, and the calming presence of nature, making it the perfect centerpiece for any home.

 

Some of the key features of the Botanic include:

 

Organic-inspired Design: The Botanic Sofa features clean lines and a modern silhouette, enriched by subtle botanical motifs that pay homage to the beauty of nature. Its unique upholstery showcases delicate patterns and earthy tones, transforming your living room into a sanctuary of relaxation.

 

Unmatched Comfort: Indulge in unparalleled comfort as the Botanic Sofa envelops you in its plush cushions, expertly designed for optimal support. Natuzzi’s renowned craftsmanship ensures that every seat is a perfect blend of softness and resilience, providing a seating experience that is truly transformative.

 

Customization Options: Natuzzi understands that every living space is unique. With the Botanic Sofa, you have the freedom to personalize your piece to suit your individual style and preferences. Choose from a range of upholstery options, finishes, and configurations to create a sofa that reflects your personality and complements your existing decor.

 

Enduring Quality: As with all Natuzzi creations, the Botanic Sofa is built to last. It combines time-honored artisanal techniques with innovative manufacturing processes to deliver a product that withstands the test of time, ensuring that your investment will continue to bring joy and comfort for years to come.

 

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The Botanic Sofa by Natuzzi is now available for purchase at select Natuzzi stores and authorized retailers worldwide. Immerse yourself in the natural beauty of the Botanic Sofa and elevate your living space to new heights of elegance and serenity.

 

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OFW cashed AED 1 million at Mahzooz’s 138th weekly draw and become 8th Filipino millionaire

OFW cashed AED 1 million at Mahzooz’s 138th weekly draw and become 8th Filipino millionaire

26 July 2023, Dubai, UAE:  The excitement was palpable among the Filipino community, as John, a young expatriate from the Philippines, emerged as the 8th Filipino Mahzooz millionaire, winning the GUARANTEED raffle prize of AED 1,000,000 at the 138th weekly draw held on Saturday 22 July 2023.

 

The win makes John the 53rd millionaire to be crowned by Mahzooz, the UAE’s leading weekly draw, which has given away more than AED 427 million in prize money to over 250,000 winners to date

 

Mahzooz has become the favoured weekly draw among Pinoys in the region, offering not only a chance to win life-changing prizes but also creating a sense of community and connection among overseas Filipino workers (OFWs) in the UAE, GCC, and beyond. To date, around 54,000 OFWs have been fortunate recipients of more than AED 67,000,000 through Mahzooz.

 

The lucky young winner came to the UAE 2 years ago to work alongside his mother as a filing clerk at his uncle’s laundry in Karama, Dubai. The 26 years old who participates in Mahzooz every week, was left speechless when he saw that his Mahzooz account has increased by AED 1,000,000 overnight. As John contemplates his future plans with the newfound fortune, he has expressed interest in investing in a laundry business in the UAE. While he hasn’t finalized the specifics, he is considering whether to expand his uncle’s existing laundry business or embark on a new venture in the same industry. Additionally, John plans to support his father’s farming business back home by sending some of the prize money to further enhance their family’s livelihood.

 

Filled with joy and gratitude, John conveyed his heartfelt sentiments about the life-changing win, “This is the first time I win anything in my entire life. Coming to the UAE was a huge step for me as I am the main bread winner for my large family. Now the UAE and Mahzooz have awarded me this huge prize which I still cannot fathom. My four brothers and two sisters are extremely happy for me and I am forever grateful for this huge win”.

 

On Saturday, 22 July 2023, 1278 winners were awarded a total of AED 1,511,750 in prize money. While the top prize of AED 20,000,000 went unclaimed this week, 30 participants matched four out of the following five numbers 3, 5, 11, 22, 48 and shared the second prize of AED 200,000, earning AED 6,667 each. 1,247 other winners matched three out of five numbers and received AED 250 each.

For only AED 35, participants can purchase a bottle of Mahzooz water, and enter the weekly draw every Saturday consisting of the Grand Draw, for a chance to win the new top prize of AED 20,000,000 and the new weekly Raffle Draw, which will grant AED 1,000,000 every week to a GUARANTEED millionaire-to-be.

 

Mahzooz, Arabic for “Lucky” remains dedicated to transforming lives and creating opportunities for individuals like John, who through this significant win, has taken a step closer to realizing his dreams and securing a brighter future for himself and his loved ones.

 

OFW cashed AED 1 million at Mahzooz’s 138th weekly draw and become 8th Filipino millionaire Read More