logo
Infracorp Launches 'California Residences' Residential Project in Dubai

Infracorp Launches 'California Residences' Residential Project in Dubai

Biz Bahrain19-06-2025

Infracorp, a leading specialised company in investing in the infrastructure and sustainable development sector, has recently announced the official launch of sales for its latest residential project, California Residences, located in Dubai, United Arab Emirates, with a total investment value of BD 61.8 million. This was during an official launch ceremony attended by several real estate stakeholders in Dubai.
Offering 370 units, the project represents a prominent addition to Dubai's real estate landscape, blending thoughtful modern design with a calm, family-oriented atmosphere. It offers a fully integrated living environment that caters to daily life requirements, while fostering comfort, aesthetic appeal, and community cohesion. Sales officially opened on June 11, 2025, presenting a promising opportunity for prospective homeowners in one of the Dubai's most sought-after and integrated communities.
California Residences is strategically located in Wadi Al Safa, just minutes away from some of Dubai's most popular landmarks such as the Global Village and IMG Worlds of Adventure. This makes it a perfect convergence point between peaceful family living and vibrant entertainment. The project showcases ideal lifestyle models where apartments, villas, and townhouses harmoniously coexist within an intelligently planned urban design that balances privacy with openness. It offers residents a villa-like experience with added flexibility and ease, within a coherent and well-balanced community that fosters a strong sense of belonging.
The development is characterised by its environmentally sustainable nature, surrounded by carefully landscaped gardens and walking paths that serve as a central hub for community interaction and vibrant living. California Residences also includes a wide array of amenities and services such as a fully equipped gym, swimming pools, dedicated meeting and gathering spaces, as well as areas specifically designed for children and family activities.
The project offers a diverse range of residential units, including one-, two-, and three-bedroom apartments, thoughtfully designed to meet the needs of families and investors alike. Set within a modern community environment that balances luxury with practicality, California Residences is ideally positioned for both residential living and long-term investment. The project is located in one of Dubai's fastest-growing areas, with completion scheduled for the second quarter of 2028.
Commenting on the launch, Mr. Majed Al Khan, Chief Executive Officer of Infracorp, stated: 'California Residences reflects our long-term vision to build communities that prioritise quality of life, sustainability, and social connectivity. We are proud to introduce a project that offers a comprehensive lifestyle within a healthy and green environment that meets the aspirations of future generations. Wadi Al Safa is one of Dubai's most rapidly developing areas.'
On her part, Ms. Nada Al Kooheji, Chief Financial Officer of Infracorp, said: 'This project is a strategic investment that combines long-term value with accessibility, presenting a rare opportunity to own a home in an integrated community adjacent to Dubai's top leisure destinations. We are confident that this launch will attract both end users and investors seeking stable returns in a promising location.'

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Cash prizes for 50 winners totalling BD 14,000 Al Baraka Islamic Bank launches
Cash prizes for 50 winners totalling BD 14,000 Al Baraka Islamic Bank launches

Daily Tribune

time3 days ago

  • Daily Tribune

Cash prizes for 50 winners totalling BD 14,000 Al Baraka Islamic Bank launches

Al Baraka Islamic Bank Bahrain, one of the leading Islamic banks in the Kingdom of Bahrain, has announced the launch of its new summer promotional campaign for credit cardholders. Running until 20 October, 2025, the campaign features three grand draws offering generous prizes to 50 winners with cash prizes totalling BD 14,000, in addition to 200,000 loyalty points. Customers participating in this exciting campaign will have the chance to win cash prizes and reward points when using their credit cards locally, internationally, or online for a minimum sum of BD300 for local transactions, and BD700 for international or online transactions in foreign currencies excluding Euro. The summer promotional campaign includes cash prizes totalling BD 14,000 for 50 winners, in addition to 200,000 reward points distributed to eligible customers based on their local and international credit card spending. Customers are automatically entered into the draw upon achieving the minimum qualifying spending amount, with one entry for every BD50 spent during the campaign period. Customers who meet all eligibility criteria will also qualify to enter the three draws and win each, giving them a chance to triple their wins during the campaign period. Mr. Mazin Dhaif, Chief Retail Officer at Al Baraka Islamic Bank, stated, 'At Al Baraka Islamic Bank, we provide real value to our customers through innovative programs and initiatives that meet their daily needs and offer greater rewards. Our summer credit card campaign is part of this commitment, offering a distinct mix of cash prizes and loyalty points to enhance the customer experience and support their financial goals.' It is important to note that Al Baraka Islamic Bank's credit cards are fully Shari'a-compliant and come with numerous exclusive benefits. These include no salary transfer requirement, no annual fees, and the Al Baraka Rewards Program, which allows points to be redeemed for global travel and accommodation offers, free access to airport lounges worldwide, and other unique perks.

Infracorp Unveils Bahrain's First Sustainable Sukuk at UN Workshop
Infracorp Unveils Bahrain's First Sustainable Sukuk at UN Workshop

Bahrain This Week

time5 days ago

  • Bahrain This Week

Infracorp Unveils Bahrain's First Sustainable Sukuk at UN Workshop

Infracorp, a leading specialised company in investing in the infrastructure and sustainable development sector, has announced its participation in a United Nations workshop recently held in Bahrain to highlight the Kingdom's contribution to global efforts in financing sustainable development. The company presented its pioneering experience in issuing Bahrain's first sustainable sukuk. Infracorp took part in a panel discussion entitled 'Innovative Financing Instruments: SDG-Linked Bonds and Sukuk'. Ms. Zeeba Askar, Chief Sustainability and Investment Officer at Infracorp, delivered a presentation titled 'Bahrain's First Sustainable Sukuk'. She outlined the company's transition from green sukuk to a broader sustainable sukuk framework in line with international trends for financing projects with environmental and social impact. Ms. Askar confirmed that Infracorp's sustainable sukuk framework is fully aligned with the ICMA's Green, Social and Sustainability Bond Principles, supports Bahrain's Economic Vision 2030 and is consistent with the United Nations SDGs. She added that the framework's governance is underpinned by an independent, accredited external opinion to ensure transparency and credibility. The company has mapped key performance indicators, adopted a rigorous project-selection mechanism based on expected outcomes, and issues regular reports to measure each project's environmental and social impact. Commenting on the occasion, Ms Askar said: 'Our objective went beyond issuing a conventional finance instrument; it was about setting a standard for what a Sustainable Sukuk should represent. We carefully built a framework aligned with Bahrain's Economic Vision 2030 and the UN Sustainable Development Goals, with measurable KPIs mapped across every eligible project. The result is a Sukuk rooted in transparency, governed by rigor, and driven by real-world impact.' The workshop highlighted Bahrain's leading efforts in development finance, including Islamic finance, SDG-linked bonds and the fintech sector, ahead of the fourth International Conference on Financing for Development (FfD4), scheduled to take place in Seville, Spain, from June 30 to July 3, 2025. It brought together UN officials, public-sector representatives and private-sector partners to discuss the Kingdom's participation in the conference. FfD4 will serve as a pivotal platform to assess progress on global commitments to finance sustainable development and to address challenges that have emerged since the adoption of the Addis Ababa Action Agenda in 2015. The conference will gather high-level representatives from governments, international and regional organisations, financial and commercial institutions, the private sector, civil society and the United Nations system.

Infracorp signs MoU with Bahrain Bayan School to enhance practical training and support educational technologies
Infracorp signs MoU with Bahrain Bayan School to enhance practical training and support educational technologies

Biz Bahrain

time5 days ago

  • Biz Bahrain

Infracorp signs MoU with Bahrain Bayan School to enhance practical training and support educational technologies

Infracorp, a leading specialised company in investing in the infrastructure and sustainable development sector, has recently signed a Memorandum of Understanding (MoU) with Bahrain Bayan School aimed at fostering a strategic partnership and providing enhanced learning and training opportunities for students. The signing ceremony took place at the Bahrain Bayan School, where the agreement was signed by Dr. Shaikha Mai bint Sulaiman Al Otaibi, Chairperson of the Board of Trustees at Bahrain Bayan School, and Mr. Majed Al Khan, Chief Executive Officer of Infracorp, in the presence of senior officials and executives from both parties. Under the terms of the agreement, students in Grades 10 and 11 will benefit from hands-on training opportunities across various departments within Infracorp, including project management, accounting, marketing, human resources and others. The programme will also feature specialised workshops on sustainability and project management, as well as site visits to Infracorp's development projects, offering students valuable exposure to advanced technologies and operational practices. In addition, Infracorp will sponsor the procurement of various tech tools and equipment to support the school's educational objectives. These will include mobile devices, tablets, interactive screens, educational software and networking hardware. This initiative reflects the company's ongoing commitment to corporate social responsibility, the promotion of sustainable development goals in the Kingdom, and its belief that investing in human capital is fundamental to the prosperity of future communities. Commenting on the occasion, Dr. Shaikha Mai bint Sulaiman Al Otaibi, Chairperson of the Board of Trustees at Bahrain Bayan School, stated: 'We deeply value this generous initiative by Infracorp, which reflects a true spirit of community partnership. It opens new educational and training horizons for our students, laying a strong foundation for developing their skills, enhancing an interactive and innovative learning environment, and supporting our holistic mission to cultivate tomorrow's leaders and empower society with promising talent.' On his part, Mr. Majed Al Khan, CEO of Infracorp, said: 'We are delighted to expand our collaboration with Bahrain Bayan School. Supporting the education sector is a key pillar of our mission to advance sustainability and contribute to societal development. Through this partnership, we aim to help students connect theoretical knowledge with practical experience, broaden their understanding of infrastructure and green investment, and prepare them to be the creative and responsible leaders of a prosperous and sustainable national economy , in line with the Kingdom's Vision 2030 and the directives of our wise leadership.'

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store