Abu Dhabi developer Imkan Properties will launch new projects ahead of schedule this year amid strong demand for property in the capital.
A subsidiary of Abu Dhabi Capital Group, Imkan said a “remarkable” sales performance contributed to the sell-out of Pixel on Reem Island, Nudra on Saadiyat Island and the first phase of AlJurf Gardens, its “Riviera” project on the coast between Abu Dhabi and Dubai.
As a result, it will launch new projects ahead of schedule in the Makers District on Reem Island and AlJurf this year.
“The right design, in a premium location, developed by a trusted developer continues to represent a quality investment opportunity, and our projects fit this profile,” said Suwaidan Al Dhaheri, managing director at Imkan.
“Our radical approach to placemaking has contributed to a portfolio of 26 projects on three continents, maximised financial value, minimised risk for investors and created unique living environments focused on the well-being of our residents.”
Abu Dhabi recorded 7,474 property transactions worth more than Dh22.51 billion ($6.12bn) in the first six months of the year, as the UAE’s property market continues to rebound from the coronavirus-induced slowdown.
Imkan announced sales of the second phase of AlJurf in June, with 98 villas available. The first phase, comprising 293 small, “ranch-like” villas, is due to be completed by mid-2023 at the Dh15bn, 370-hectare project.
It is being developed as a coastal retreat for UAE city dwellers and is seeking to conserve 100,000 trees, sea turtles and other wildlife. There will be a private marina, a private beach and a large central park.
Meanwhile, Pixel, within the Makers District, has more than 500 units across seven towers, with an open plaza offering artisanal dining, cafes, co-working spaces, offices and shops.
A host of new developments have been announced across Abu Dhabi this year.
Earlier this week, Bloom Holding launched the second phase of its Bloom Living project, which on completion will offer more than 4,000 residential units.
Aldar launched Yas Golf Collection and Yas Gate Park on Yas Island, plus apartments at Grove District on Abu Dhabi's Saadiyat Island. It is also developing The Louvre Residences on Saadiyat Island.
On Reem Island, Reem Hills will be an Dh8bn gated community covering an area of 1.8 million square metres, and is to be built on a man-made hill — a first for the UAE capital.
Iftar programme at the Sheikh Mohammed Centre for Cultural Understanding
Established in 1998, the Sheikh Mohammed Centre for Cultural Understanding was created with a vision to teach residents about the traditions and customs of the UAE. Its motto is ‘open doors, open minds’. All year-round, visitors can sign up for a traditional Emirati breakfast, lunch or dinner meal, as well as a range of walking tours, including ones to sites such as the Jumeirah Mosque or Al Fahidi Historical Neighbourhood.
Every year during Ramadan, an iftar programme is rolled out. This allows guests to break their fast with the centre’s presenters, visit a nearby mosque and observe their guides while they pray. These events last for about two hours and are open to the public, or can be booked for a private event.
Until the end of Ramadan, the iftar events take place from 7pm until 9pm, from Saturday to Thursday. Advanced booking is required.
For more details, email openminds@cultures.ae or visit www.cultures.ae
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Coming soon
Torno Subito by Massimo Bottura
When the W Dubai – The Palm hotel opens at the end of this year, one of the highlights will be Massimo Bottura’s new restaurant, Torno Subito, which promises “to take guests on a journey back to 1960s Italy”. It is the three Michelinstarred chef’s first venture in Dubai and should be every bit as ambitious as you would expect from the man whose restaurant in Italy, Osteria Francescana, was crowned number one in this year’s list of the World’s 50 Best Restaurants.
Akira Back Dubai
Another exciting opening at the W Dubai – The Palm hotel is South Korean chef Akira Back’s new restaurant, which will continue to showcase some of the finest Asian food in the world. Back, whose Seoul restaurant, Dosa, won a Michelin star last year, describes his menu as, “an innovative Japanese cuisine prepared with a Korean accent”.
Dinner by Heston Blumenthal
The highly experimental chef, whose dishes are as much about spectacle as taste, opens his first restaurant in Dubai next year. Housed at The Royal Atlantis Resort & Residences, Dinner by Heston Blumenthal will feature contemporary twists on recipes that date back to the 1300s, including goats’ milk cheesecake. Always remember with a Blumenthal dish: nothing is quite as it seems.
THE LIGHT
Director: Tom Tykwer
Starring: Tala Al Deen, Nicolette Krebitz, Lars Eidinger
Rating: 3/5