Hayaat unveils Isolana Residences on Dubai Islands
Built at a cost of AED135 million, this project is yet another major milestone to the group's international multi-billion AED development portfolio, the group said.
Isolana Residences is a bespoke project occupying one of the most coveted, prominent corner plots within the entire Dubai Islands community, with a total gross floor area of approximately 100,000 sq ft. The 71 units comprise a mix of 39 one-, 22 two- and 6 three-bedroom homes, as well as four lavish penthouses on the top floor.
Carrying the signature design of Ashai Design's world-renowned architect Tony Ashai, who has designed several key projects across the UAE, including the JW Mariott Marquis Hotel on Marjan Island and Reem Hills in Abu Dhabi, Isolana Residences is set to be a one-of-a-kind, well-thought-through architectural marvel that will add unique value to Dubai's luxury real estate landscape.
Commenting on the project's distinctive 'dancing balconies' design, Ashai said: 'Isolana was designed to be in keeping with the resort-like ambiance of the island, with a novel overlapping feel of its balconies. The ingenuity of its design is one that won't be replicated on the island again and will firmly stand as an aesthetic pinnacle of originality.'
Isolana Residences also distinguishes itself with its indoor courtyard concept, as well as its wide plethora of resort-inspired amenities, including its 55-meter-long infinity swimming pool, zen garden, resident club lounge, padel court, and indoor and outdoor children's play areas. Investors can also opt for their very own, private plunge pools.
Co-founder and CEO of Hayaat Developments, Afzaal Hussain, a real estate veteran with over 15 years of experience in senior leadership roles in the industry, said: 'At Hayaat, we're not just building properties. We're crafting quality experiences that merge innovation, sustainability and design excellence. Isolana is our latest stride in this mission of ours – we are now eagerly turning it from its concept into a reality for all those who will call it their home, in an ambitious, yet holistically well-planned timeline.'
Shahid Nawaz, who leads sales and marketing at Hayaat Developments, has seen an overwhelmingly positive response from the market since the project's initial soft launch at the International Property Show this year. He said: 'The substantial volume of both local and international inquiries and serious interest we've received so far is a testament to the strong demand for a product that doesn't compromise on quality. We strive to be a trailblazer in this regard and look forward to gradually launching this exceptional project's units for sales.'
'Isolana will deliver a truly resident-centric, modern living offering that fosters a sense of belonging and community, in line with the UAE's celebration of 2025 as the 'Year of Community', as announced by His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the UAE', added Shahzaib Elahi, Co-founder and Executive Director of Hayaat Developments.
Hayaat Developments is now also gearing up for its next launch – its trophy project located in the neighbourhood of the exclusive Al Barari community on Sheikh Mohammed bin Zayed Road (E 311), Villa Oasi. With full details on the project yet to be released in the coming months, Mohammed Ikhlaq, Chairman of Hayaat Group and the visionary behind Villa Oasi, emphasised that it will 'creatively raise the bar in combining excellence with quality and will truly be an unparallelled luxury offering in Dubai'. – TradeArabia News Service
Copyright 2024 Al Hilal Publishing and Marketing Group Provided by SyndiGate Media Inc. (Syndigate.info).
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
TECHx
20 minutes ago
- TECHx
Space42 Partners with Microsoft, Esri on Africa Maps
Home » Tech Value Chain » Global Brands » Space42 Partners with Microsoft, Esri on Africa Maps UAE-based SpaceTech company Space42 (ADX: SPACE42), part of the G42 Group, has announced a strategic partnership with Microsoft and Esri. The collaboration was formalized through a Memorandum of Understanding (MoU) signed during Esri's 2025 User Conference. The initiative, called the 'Map Africa Initiative,' aims to deliver high-resolution, scalable base maps for all 54 African countries. It will serve over 1.4 billion people, creating the most comprehensive base map of the continent to date. The five-year project is expected to address gaps in infrastructure, investment, and data availability across Africa. The updated mapping system will help drive economic development by improving access to intelligent geospatial solutions. These solutions will support governments, businesses, and communities in both Africa and the UAE. Space42 will lead fundraising and project management, leveraging its satellite data and AI-powered Digital Twin models to create dynamic, use-specific maps. Esri will provide its remote sensing and GeoAI capabilities, while Microsoft will supply secure cloud infrastructure and an AI framework via Azure. • The initiative supports national mapping agencies with accurate, updatable data. • It also aims to create a new commercial ecosystem for African startups. The project is expected to enhance strategic sectors such as logistics, renewable energy, disaster response, and smart city planning. Data will be stored in Microsoft and G42-managed centers across Africa. Space42 CEO Hasan Al Hosani emphasized that the partnership aligns with the UAE's collaborative and innovation-driven approach. He noted that accurate mapping is essential for growth and inclusive innovation. Esri President Jack Dangermond said the initiative builds on proven geospatial workflows and will enable sustainable development across the continent. The MoU deepens Space42's partnerships with Microsoft and Esri, while expanding its presence and commercial opportunities in Africa. It also reflects Space42's role as a trusted provider of large-scale geospatial solutions for governments. G42 CEO Peng Xiao stated that the partnership reflects a shared commitment to using AI as a force for good. He said the project will help transform data into development and intelligence into impact. The initiative also aligns with the UAE's broader global investment and innovation agenda. The UAE was Africa's largest foreign investor in 2024, deploying $44 billion. Space42 plays a key role in advancing this agenda through SpaceTech and AI. The mapping initiative supports long-term goals of smart land use, modern infrastructure, and digital economies across the continent. It also strengthens diplomatic and commercial ties between the UAE and Africa.
Arabian Business
an hour ago
- Arabian Business
UAE Corporate Tax: Businesses must register July 31 or face $2,723 penalty
The Federal Tax Authority (FTA) has renewed its call for Corporate Tax registrants who have not yet registered to submit their registration applications, stating that filing their first Tax Returns through the 'EmaraTax' digital tax services platform will enable them to benefit from the Penalty Waiver Initiative for Late Corporate Tax Registration. The initiative applies to Corporate Taxpayers and certain exempt persons who are required to register with the FTA. In a press release issued today, the FTA revealed that as of today, the number of beneficiaries from the Penalty Waiver Initiative for Late Corporate Tax Registration has reached more than 33,900. Register for Corporate Tax by July The FTA indicated that Thursday, July 31, will be the final deadline to benefit from the initiative for the majority of Corporate Tax payers whose first Tax Period aligns with the calendar year from January 1 to December 31, 2024. To qualify, they must complete all procedures related to submitting their registration applications and filing their Corporate Tax Returns through the 'EmaraTax' platform before the end of July 2025. The FTA confirmed that failure to meet the requirements and completing the procedures by July 31 will result in ineligibility for the waiver and the imposition of a late registration penalty of AED 10,000 for non-registered persons. The authority clarified that to be exempt from the late registration penalty, the taxable person or exempt person required to register must submit their Corporate Tax Return or annual declaration within a period not exceeding seven months from the end date of their first Tax Period or financial year, instead of the standard nine-month deadline. The FTA emphasised that the Penalty Waiver Initiative applies only to the first Tax Period of the taxable person or exempt persons who are required to register with the FTA. The FTA issued a public clarification on the Waiver Initiative, which can be accessed through the link 'Waiver of Administrative Penalty for Failure to File Corporate Tax Registration within the Prescribed Period.' The public clarification includes a detailed explanation of the conditions to benefit from the waiver of the Late Registration Penalty, as well as the refund mechanism in cases where a penalty has already been paid. The document provides examples of how to benefit from the initiative in different scenarios. The public clarification provides an explanation for those eligible to benefit from the initiative, as well as certain exempt persons who are required to register for Corporate Tax. Within the clarification, the FTA highlighted that if the Person within the scope of this initiative meets the conditions to benefit from the waiver – namely, filing the Tax Return within seven months from the end of the first Tax Period or filing an annual declaration within seven months from the end of its first Financial Year – they will be exempt from the 'Late Registration Penalty' automatically without the need to submit a Reconsideration or Penalty Waiver request. In case the Late Registration Penalty has already been paid, the amount of AED 10,000 shall be automatically credited to that Person's 'EmaraTax' Corporate Tax account, which enables them to use the amount to settle other tax obligations or request a refund from the FTA by submitting a refund application.
Dubai Eye
2 hours ago
- Dubai Eye
Abu Dhabi expands driverless taxi service to Al Reem and Al Maryah Islands
News Home More from Local Abu Dhabi Media Office Authorities in Abu Dhabi have announced the expansion of autonomous taxi services to "high-density areas" like Al Reem and Al Maryah Islands. Making the announcement on Tuesday, Integrated Transport Centre (Abu Dhabi Mobility) said the service will be carried out in collaboration with WeRide, with Uber and Tawasul Transport as the local operator of the project. The complex traffic patterns in the islands, which are key centres for financial, residential and commercial sectors, offer an ideal setting to demonstrate the advanced capabilities of WeRide's technology, the authorities added. It builds on the services already available on Al Saadiyat and Yas Islands, as well as routes to Zayed International Airport and supports Abu Dhabi's strategic vision to make 25 per cent of trips in the emirate rely on smart transport by 2040. The ITC is also working to roll out the service to more areas on Abu Dhabi Island in the future. "This expansion gives us the opportunity to reach more passengers, showcase our advanced technology in complex urban settings, and further accelerate the deployment of autonomous vehicles across the city," said Jennifer Li, Chief Financial Officer and Head of International at WeRide. The emirate currently operates the largest active fleet, with 44 autonomous vehicles serving key locations across the city. UAE steps up Gaza relief efforts with more airdrops The UAE, in partnership with Jordan, has completed its 56th airdrop of humanitarian aid over Gaza under the 'Birds of Goodness' initiative. UAE steps up Gaza relief efforts with more airdrops UAE President issues decree promoting H.H. Sheikh Hamdan His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister and Minister of Defence, has been promoted to the rank of General. UAE President issues decree promoting H.H. Sheikh Hamdan Dubai Police recover AED 1.1 million jewellery bag in cross-border operation In a remarkable display of international cooperation, Dubai Police have successfully recovered and returned a jewellery bag worth over AED 1.1 million to a UAE resident. Dubai Police recover AED 1.1 million jewellery bag in cross-border operation CBUAE suspends motor insurance operations of foreign insurer The Central Bank of the UAE (CBUAE) has suspended the motor insurance operations of a foreign insurer's branch, citing non-compliance with key financial regulations. CBUAE suspends motor insurance operations of foreign insurer UAE continues humanitarian airdrops over Gaza The UAE, in cooperation with Jordan, has carried out its 55th humanitarian airdrop over the Gaza Strip, marking the second day in a row of airborne aid deliveries under the 'Birds of Goodness' initiative.
