Dubai real estate: Majid Al Futtaim appoints Dutco Construction for $427mn Serenity Mansions project
The contract, valued at AED1.57 billion, covers the construction and completion of 109 standalone mansions, including interior fit-out, landscaping, gatehouses, ancillary buildings, and infrastructure.
Dutco to build Serenity Mansions
Dutco Construction brings over 50 years of experience in delivering major projects across the UAE, with a track record spanning residential units, hospitality landmarks, airports, mosques, and complex infrastructure developments.
'Every detail of Serenity Mansions has been thoughtfully designed to redefine luxury living, raising the bar for sophistication and exclusivity. The appointment of Dutco Construction underscores our commitment to delivering homes that exemplify exceptional craftsmanship and reflect the tastes and aspirations of our customers. With Dutco Construction's impeccable reputation and expertise, we are confident this development will exceed expectations and fulfil this vision,' Ahmed El Shamy, CEO of Majid Al Futtaim Properties said.
The architectural design for Serenity Mansions was developed in collaboration with award-winning firms SAOTA and Nabil Gholam, while BLINK Design, known for its work on luxury hotels worldwide, handled the interiors.
'Partnering with Majid Al Futtaim on Serenity Mansions is an exciting opportunity to redefine excellence in luxury living. We bring precision, attention to detail, and a commitment to quality to every aspect of this prestigious project. Our extensive experience in creating landmark developments will ensure Serenity Mansions sets new benchmarks for luxury and sophistication,' Nelson Gibb, Dutco Group CEO added.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
TECHx
16-07-2025
- TECHx
Green Tech on the Rise in META and Europe
Home » Tech Market Insights » Green Tech on the Rise in META and Europe Green Tech adoption is accelerating in META and Europe, driven by eco-labels, carbon footprint standards, and growing demand for sustainable and refurbished IT products. The integration of sustainable practices within the technology sector is transitioning from a niche concern to a fundamental requirement, driven by shifting consumer demand and stringent procurement policies. This evolution is particularly evident across the META region and Europe, as observed by CONTEXT, where eco-labels and product carbon footprint are emerging as key metrics for assessing the environmental impact of technology. The rising demand for sustainable technology Consumer behaviour indicates a growing preference for eco-friendly products. This sentiment is mirrored in procurement preferences across the META region. For instance, Majid Al Futtaim prioritises suppliers using 'Energy Star rated or equivalent' energy-efficient equipment, while the University of Sharjah has integrated EPEAT certified computers into its sustainability objectives. Furthermore, the UAE Ministry of Finance's Sustainable Digital Services (IT) Guideline mandates the adoption of green procurement standards, advocating for IT equipment with eco-label certifications such as Energy Star, EPEAT, or TCO Certified, and requiring vendors to implement take-back programmes for end-of-life products. Measuring sustainability in technology: Key eco-labels Several eco-labels provide benchmarks for measuring sustainability in technology, each with distinct criteria: Energy Star: This certification focuses on energy efficiency, ensuring devices consume less power (25% to 40% less) during operation and sleep mode compared to non-certified alternatives. Certified PCs must meet minimum power supply unit efficiency requirements, with typical energy consumption (TEC) measuring a product's estimated annual electricity use. This certification focuses on energy efficiency, ensuring devices consume less power (25% to 40% less) during operation and sleep mode compared to non-certified alternatives. Certified PCs must meet minimum power supply unit efficiency requirements, with typical energy consumption (TEC) measuring a product's estimated annual electricity use. EPEAT (Electronic Product Environmental Assessment Tool): EPEAT offers a comprehensive approach to environmental, social, and governance (ESG) criteria based on the IEEE 1680.1 Standard. Beyond energy efficiency, it evaluates material selection, product circularity, repairability, and corporate ESG performance. Products are tiered Bronze, Silver, or Gold based on adherence to compulsory and optional criteria. EPEAT Gold signifies that products meet over 75% of the optional criteria, in addition to all required criteria. EPEAT offers a comprehensive approach to environmental, social, and governance (ESG) criteria based on the IEEE 1680.1 Standard. Beyond energy efficiency, it evaluates material selection, product circularity, repairability, and corporate ESG performance. Products are tiered Bronze, Silver, or Gold based on adherence to compulsory and optional criteria. EPEAT Gold signifies that products meet over 75% of the optional criteria, in addition to all required criteria. TCO Certified: This certification employs a broad approach to ESG criteria, with all criteria being compulsory. It addresses hazardous substance elimination, the percentage of post-consumer recycled plastics used, spare parts availability, repairability, and fair labour practices. TCO Certified also aligns with Energy Star on energy requirements and includes product carbon footprint (PCF) reporting. Adoption rates across META and Europe The adoption of sustainable technology varies across regions, as indicated by CONTEXT's data: Saudi Arabia: In 2025-Q1, 90% of PCs sold through Saudi Arabian distribution channels held an EPEAT Gold certification, a significant increase from 43% in 2023. This indicates a strong commitment from both vendors and customers towards sustainable practices. Additionally, 56% of notebooks sold in Saudi Arabia in 2025-Q1 were TCO Certified. The product mix in Saudi Arabia features newer models on average, which typically possess better ESG ratings and certifications. In 2025-Q1, 90% of PCs sold through Saudi Arabian distribution channels held an EPEAT Gold certification, a significant increase from 43% in 2023. This indicates a strong commitment from both vendors and customers towards sustainable practices. Additionally, 56% of notebooks sold in Saudi Arabia in 2025-Q1 were TCO Certified. The product mix in Saudi Arabia features newer models on average, which typically possess better ESG ratings and certifications. UAE: In 2025-Q1, 80% of notebooks sold in UAE distribution channels had EPEAT ratings, with 45% being Gold and 33% Silver. However, only 14% of notebooks sold in the UAE were TCO Certified during the same period. The UAE's product mix is more diverse than Saudi Arabia's, with a higher proportion of sales from lower price bands. In 2025-Q1, 80% of notebooks sold in UAE distribution channels had EPEAT ratings, with 45% being Gold and 33% Silver. However, only 14% of notebooks sold in the UAE were TCO Certified during the same period. The UAE's product mix is more diverse than Saudi Arabia's, with a higher proportion of sales from lower price bands. Türkiye: In contrast, only 30% of notebooks sold in Türkiye had an EPEAT tier in 2025-Q1, with 29% Gold and 2% Silver, and 69% having no eco-label. Similarly, only 15% of notebooks sold in Türkiye were TCO Certified. This lower adoption is partly attributable to a market shift towards cheaper products, where price sensitivity often outweighs ESG performance. In contrast, only 30% of notebooks sold in Türkiye had an EPEAT tier in 2025-Q1, with 29% Gold and 2% Silver, and 69% having no eco-label. Similarly, only 15% of notebooks sold in Türkiye were TCO Certified. This lower adoption is partly attributable to a market shift towards cheaper products, where price sensitivity often outweighs ESG performance. Europe: Europe demonstrates high adoption of EPEAT, with over 80% of products sold in 2025-Q1 being EPEAT Gold, up from 52% in 2023. In the UK, EPEAT Gold adoption for notebooks reached 79% in 2025-Q1, and notably, 94% of AI-capable notebooks in the UK are EPEAT Gold certified. Only 9% of notebooks sold in the UK do not have an EPEAT label. TCO Certified products accounted for 48% of PCs sold in Europe's top five countries in 2025-Q1. Product carbon footprint and refurbished products The product carbon footprint (PCF) measures the greenhouse gas emissions across a product's entire lifecycle. Newer product generations are designed for lower PCF, featuring stricter material selection, increased energy efficiency, and a higher use of recycled materials. For example, the Lenovo ThinkPad X1 Carbon G12 has a 41% recycled content compared to 15% for the G10, and its PCF has reduced from 200kg to 177kg. Similarly, the HP Probook G10 has a PCF of 160kg, down from 180kg for the G5. The estimated carbon footprint from notebook sales in the UK for 2025-Q1 was 162,000 tonnes, with an average CO2 emission of 228kg per device—a 3% YoY % change from 235kg a year prior. This figure is expected to continue dropping due to PC refreshes driven by the Windows 10 end-of-support and the lower carbon footprint of newer, particularly AI-capable, notebooks. The market for refurbished products is also gaining traction as a means of reducing environmental impact. Major OEMs like HP, Lenovo, and Microsoft have launched, or are planning to launch, certified refurbished programmes, offering products with OEM warranties and support. HP's certified refurbished notebooks, such as the EliteBook 840 Gen 5 and Gen 6, boast a 60% lower product carbon footprint compared to their original counterparts. In France, refurbished notebook unit sales saw a fourfold increase YoY, largely driven by the HP Certified Service programme. Challenges and opportunities Despite progress, challenges remain, particularly in e-waste management. Dubai's imminent landfill closure by 2027 highlights the urgent need for robust IT asset disposition (ITAD) solutions and enhanced customer understanding of circularity. The industry must collaborate to bridge this gap. For businesses, the shift towards sustainable technology presents a significant opportunity. Meeting growing customer demand for eco-friendly products, promoting with EPEAT and TCO certifications, and highlighting recycled content can enhance brand loyalty. Implementing trade-in and take-back services not only manages e-waste but also recovers valuable materials, supplies refurbishers, and attracts environmentally aware customers. This also unlocks new revenue streams, as consumers are increasingly willing to pay a premium for sustainable products. Transparent communication of sustainability efforts and the development of in-house eco-labels can further reinforce a brand's commitment. For a deeper analysis of these trends, readers can consult CONTEXT's TechPulse ESG newsletter.
Khaleej Times
14-07-2025
- Khaleej Times
UAE: Dh1-million prize, up to 90% discount in 'Great Dubai Summer Sale'
UAE residents can get up to 90 per cent discounts in the Great Dubai Summer Sale, which will run from July 18 to August 10. The summer sale also includes grand raffles with mega prizes including Dh1 million in cash or a brand-new Nissan Patrol. Shoppers who spend Dh300 or more at participating stores can scan their receipts to enter into this draw. In addition, flash sales and limited-time offers will feature in the coming weeks, including on categories such as gold and jewellery, watches, opticals. Skywards Everyday members can earn 25 per cent bonus Miles on all eligible transactions through Skywards Everyday and Skywards Miles Mall. Those who spend Dh100 or more at any Skywards Everyday partner and Skywards Miles Mall will also get the chance to win their share of 1 million miles. GDSS also includes one million Share points at Majid Al Futtaim malls, featuring an instant 5 per cent cashback when shopping at City Centre Mirdif and City Centre Deira, along with up to 20 times' Share Points at Mall of the Emirates when spending up to Dh2,000 in a single transaction. Some other prizes on offer are Dh10,000 in Tickit rewards, a Polestar 4 LRSM at Dubai Festival City Mall, and a Soueast S06 SUV at Dubai Outlet Mall. Meanwhile, the Dubai Summer Surprises promotions continue until August 31, with raffles giving away the keys to nine new cars, and 30 gold bars. Fifty lucky winners will also get Dh175,000 in jewellery vouchers. Until July 17, shoppers can also win daily rewards through the DSS Lucky Receipt promotion.
Zawya
14-07-2025
- Zawya
Enova and Schneider Electric join forces to advance energy solutions in the Gulf
Collaboration is aimed at empowering organizations to meet evolving sustainability goals Enova – a premier provider of integrated energy and multi-technical solutions and a Majid Al Futtaim and Veolia joint venture has entered a strategic collaboration with Schneider Electric, a global leader in the digital transformation of energy management and automation. This collaboration brings to the fore Schneider Electric technologies — including microgrids, photovoltaic (PV) systems, and electric vehicle (EV) charging infrastructure — with Enova's deep expertise in energy efficiency strategies and advanced asset management systems. As the region intensifies efforts to decarbonize its economy and transition toward cleaner and more resilient energy systems, the collaboration will focus on driving impactful outcomes in energy efficiency and emissions reduction. Renaud Capris, Chief Executive Officer of Enova, commented, 'As we accelerate our progress towards a sustainable energy future in the Gulf, our collaboration with Schneider Electric enables us to integrate advanced technologies and energy efficient solutions and to optimize our service portfolio and enhance value for our clients. Since its establishment in 2002 as a joint venture between Majid Al Futtaim and Veolia, Enova has enabled clients across the region to achieve more than AED 530 million in total energy cost savings and reduce carbon emissions by over 580,000 tons. Capris added, 'Together, we are uniquely positioned to enable our clients across diverse sectors optimize their energy use and decarbonize operations in alignment with Enova stakeholders' environmental objectives – including Veolia's GreenUp strategic program – while making a meaningful contribution to the region's environmental goals.' Amel Chadli, President of Gulf Countries at Schneider Electric, said: "As the region places greater urgency on decarbonizing its economy and building more resilient energy systems, it has become increasingly important for businesses, of various sectors, to optimize energy consumption, maintain a healthy and productive environment, and update aging facilities.' She added: 'Our collaboration with Enova builds on our commitment to set a new standard for decarbonization in the region through the convergence of technology and expertise. Our shared goal is to support organizations in driving meaningful transformation through sustainability, innovation, and operational resilience." The collaboration will drive the adoption of smart technologies and support the integration of renewable energy into core business operations. The initiative empowers businesses to contribute meaningfully towards regional goals to scale clean energy and efficiency, through Schneider Electric's EcoFit and EcoCare programs, aimed at modernizing aging systems and ensuring circularity. By integrating Schneider Electric's connected technologies with Enova's on-the-ground capabilities in asset management and technical operations, the two companies will deliver future-ready solutions that respond to clients' evolving sustainability requirements. -Ends- About Schneider Electric Schneider's purpose is to create Impact by empowering all to make the most of our energy and resources, bridging progress and sustainability. At Schneider, we call this Life Is On. Our mission is to be the trusted partner in Sustainability and Efficiency. We are a global industrial technology leader bringing world-leading expertise in electrification, automation and digitization to smart industries, resilient infrastructure, future-proof data centers, intelligent buildings, and intuitive homes. Anchored by our deep domain expertise, we provide integrated end-to-end lifecycle AI enabled Industrial IoT solutions with connected products, automation, software and services, delivering digital twins to enable profitable growth for our customers. We are a people company with an ecosystem of 150,000 colleagues and more than a million partners operating in over 100 countries to ensure proximity to our customers and stakeholders. We embrace diversity and inclusion in everything we do, guided by our meaningful purpose of a sustainable future for more information please visit: Discover Life Is On Discover EcoStruxure About Enova Enova is the regional leader in integrated energy and multi-technical services, offering comprehensive and performance-based Energy and Facilities Management solutions to its clients to help achieve their financial, operational, and environmental targets. With more than 5,700 highly trained and multi-skilled employees, Enova serves a wide portfolio of clients in the public, residential, commercial, industrial, and healthcare sectors across the region. Enova was created in 2002 as a joint venture between Majid Al Futtaim and Veolia. Majid Al Futtaim is the leading shopping malls, communities, retail, and leisure pioneer across the Middle East, Africa, and Asia. Veolia is a global leader in optimised resource management; designing and providing water, waste, and energy management solutions which contribute to the sustainable development of communities and industries. Please follow us on: For more information, please visit About Veolia Veolia's ambition is to become the benchmark company for ecological transformation. With nearly 218,000 employees on five continents, the Group designs and deploys useful, practical solutions for managing water, waste and energy that help to radically change the world. Through its three complementary activities, Veolia contributes to developing access to resources, preserving available resources and renewing them. In 2023, the Veolia group served 113 million people with drinking water and 103 million with wastewater services, produced 42 terawatt-hours of energy and recovered 63 million metric tons of waste. Veolia Environnement (Paris Euronext: VIE) generated consolidated sales of €45.3 billion in 2023. About Majid Al Futtaim Founded in 1992, Majid Al Futtaim is an Emirati-owned, diversified lifestyle conglomerate operating across the Middle East, Africa and Asia. The Group started from one man's vision to transform the face of shopping, entertainment, and leisure to 'create great moments for everyone, every day'. It has since grown into one of the region's most respected businesses, employing 43,000 people, with owned assets valued at US$18 billion and has the highest credit rating (BBB) among privately held corporates in the region. Majid Al Futtaim owns and operates 29 shopping malls, 7 hotels and four mixed-use communities, welcoming more than 600 million customers through its doors every year. Majid Al Futtaim operates more than 600 VOX Cinemas screens as well as a portfolio of world-class leisure and entertainment experiences across the region including four indoor ski locations in Dubai, Abu Dhabi, Cairo and Oman as well as family entertainment centers Magic Planet and Little Explorers. It is the proud owner of the flagship Mall of the Emirates, Mall of Egypt, and Mall of Oman with the iconic City Centre shopping malls rounding out its portfolio across the region. The Group partners with world-class fashion, home, speciality retail and beauty brands, including lululemon, LEGO, Crate and Barrel, Shiseido, with over 70 stores and 20 digital platforms across the GCC. It also owns and operates THAT Concept Store, a multi-brand retail destination and app. Majid Al Futtaim is also the exclusive franchisee for Carrefour across markets in the Middle East, Africa and Asia, serving 770,000 customers daily. These offerings are powered by the UAE's fastest growing loyalty programme SHARE, which offers customers a more personalised and data driven experience. The developer of choice for the region, Majid Al Futtaim is the creator of mixed-use communities including Tilal Al Ghaf in Dubai and Al Mouj in Muscat. Majid Al Futtaim has continued to set the standard for sustainable growth through its Dare Today, Change Tomorrow sustainability strategy. The Group is committed to becoming Net Positive in water and carbon by 2040. Please follow us on: For media inquiries contact: Mohammed Abdulla (mabdulla@ and Hanzla Wajid (hwajid@
