Latest news with #ForbesGlobalProperties
Zawya
3 hours ago
- Business
- Zawya
Driven Properties opens Dubai's largest real estate office following landmark AED 505mln acquisition
Dubai, UAE – Driven | Forbes Global Properties has officially opened the doors to its new headquarters in Downtown Dubai, just steps from Burj Khalifa. Spanning 43,000 square feet across two floors, the space is now the largest real estate office in the city, a reflection of the company's growth and evolution in recent years. The move follows its landmark AED 505 million acquisition of Emaar Square Building 3 in November last year. The new headquarters underscores the company's long-term vision for the UAE market. As Dubai continues to evolve as a global real estate hub, Driven Properties is positioning itself at the forefront of the industry. The company is expanding its infrastructure to support innovation, enhance its services and attract top talent that contribute to the city's maturing market. 'This headquarters represents a bold and deliberate step in executing our vision for the future of Dubai's real estate market,' said Abdullah Alajaji, Founder and CEO of Driven | Forbes Global Properties. 'We designed this space with thoughtful infrastructure to empower our team to work smarter, collaborate more effectively, and lead with confidence in an increasingly competitive landscape. Beyond it being about expanding our footprint, we are reframing what success looks like in the luxury property sector. As one of the region's fastest- growing brokerages, we are committed to setting new industry standards and driving innovation. This headquarters embodies that commitment and positions us to seize emerging opportunities as Dubai's real estate market matures and evolves.' The opening of the new headquarters comes on the heels of Driven | Forbes Global Properties' launch of its first industry report, 'Dubai on the Verge of Tier-1 City Recognition,' and a proprietary index designed to benchmark the city's global standing. The report introduced a data-driven framework that compares Dubai to established global hubs like New York, London, and Singapore across 28 indicators, including infrastructure, governance, economic resilience, safety, and quality of life. The findings support Dubai's trajectory toward tier-one city status, aligning with the brokerage's own expansion and long-term confidence in the market's maturity and momentum. Designed for purpose The new headquarters reflects Driven | Forbes Global Properties' continued investment in the talent, tools, and infrastructure that support its long-term strategy. As Dubai's real estate sector shifts from transactional activity to more insight-driven, advisory-led services, the company is focused on equipping its brokers to lead that transition. Purpose-built spaces are designed to foster high performance, learning, and data-driven decision making. This approach supports Driven's aim to set new industry benchmarks while reinforcing its position as a knowledge-led market leader. Aligned with Dubai's wider sustainability agenda and the growing expectations of environmentally conscious investors, the headquarters also demonstrates the company's commitment to responsible business practices. From the use of recycled materials in its design to water dispensers fully integrated in the design, every detail has been considered to reduce environmental impact. This integration of sustainability into both physical space and daily operations reflects Driven's evolving role in a market where environmental performance and professional advisory are increasingly interconnected. Amenities Inside the headquarters is a functional yet inviting space, housing essential operational spaces such as a reception, training rooms, flexible meeting areas and an agents' lounge. Ensuring an air of comfort and belonging exists in even the most formal of the office's spaces, a café-style lobby with an in-house barista leads to coworking zones, boardrooms and executive offices, all designed with collaboration and productivity in mind. Further reflecting Driven Properties' commitment to employee well-being, the office also features wellness-focused amenities, including a recharge room, an in-house hair studio, and even a catering room. Driven | Forbes Global Properties invites clients, partners, and industry leaders to arrange a tour and visit its new headquarters. About Driven | Forbes Global Properties Driven | Forbes Global Properties is an award-winning real estate brokerage and property management company headquartered in Dubai. Since its inception in 2012, the company has been raising standards for the industry and has grown into one of the leading full-service real estate consultancies in the region. In a city that is synonymous with real estate, their deeply knowledgeable consultants are offering their expertise and unparalleled service to most demanding clients from all over the world. Driven Properties is a member of Forbes Global Properties, a consortium of 100 best brokerages in the world. It is the first UAE brokerage to launch a market report titled "Dubai on the Verge of Tier-1 City Recgnition," informed by its proprietary "Tier-1 City Index". For more information, visit:
Zawya
10-06-2025
- Business
- Zawya
Driven Properties buys final Bulgari Lighthouse units for $77mln
UAE - Driven Properties, a member of the Forbes Global Properties network, has announced that it has completed the sale of the last two penthouses at the Bulgari Lighthouse on Jumeirah Bay Island in Dubai for a combined amount of more than AED282 million ($77 million). The first five-bedroom residence, spanning 11,657 sq ft, reached a whopping AED146.6 million, while the second, achieved AED136.25 million, said the company in a statement. Designed by Italian architects Antonio Citterio and Patricia Viel, Bulgari Lighthouse blends contemporary engineering with Mediterranean calm. A coral-inspired façade shields each home while framing uninterrupted views of the Arabian Gulf and Downtown's skyline, it stated. The transactions were brokered by Driven | Forbes Global Properties' Lina Allaoa and Kianoush Darban, founders of The Private Collection, the brokerage's specialist team for ultra-high-end property. The duo is well known for setting several records in the area, from the highest price per sq ft, to the most expensive villa in Jumeirah Bay Island. Terraces flow into private infinity pools, and double-height salons are finished in Italian marble, warm oak and hand-laid silk panelling, said the company. A combination of location, craftsmanship and privacy that has made Lighthouse one of the most wanted addresses in Dubai's ultra-prime market, it added. "Dubai offers our international clients two things they value most: a secure place to allocate their capital and an unbeatable way of life. Bulgari Lighthouse unites those advantages in a single address, blending sound investment with everyday opulence," remarked Allaoa. On the strategic deal, Darban said: "Scarcity drives value. With fewer than 40 residences in the tower, and amenities that rival a private resort, Lighthouse is arguably the most coveted address in Dubai." Every detail of Bulgari Lighthouse, from its infinity pool to lush Mediterranean gardens, is run by the neighboring Bulgari Resort, ensuring a highly private, tailored experience complete with a concierge who can arrange everything from sunset-lawn gatherings to a signature chef's meals, he added. Copyright 2024 Al Hilal Publishing and Marketing Group Provided by SyndiGate Media Inc. (
Trade Arabia
10-06-2025
- Business
- Trade Arabia
Driven Properties buys final Bulgari Lighthouse units for $77m
Driven Properties, a member of the Forbes Global Properties network, has announced that it has completed the sale of the last two penthouses at the Bulgari Lighthouse on Jumeirah Bay Island in Dubai for a combined amount of more than AED282 million ($77 million). The first five-bedroom residence, spanning 11,657 sq ft, reached a whopping AED146.6 million, while the second, achieved AED136.25 million, said the company in a statement. Designed by Italian architects Antonio Citterio and Patricia Viel, Bulgari Lighthouse blends contemporary engineering with Mediterranean calm. A coral-inspired façade shields each home while framing uninterrupted views of the Arabian Gulf and Downtown's skyline, it stated. The transactions were brokered by Driven | Forbes Global Properties' Lina Allaoa and Kianoush Darban, founders of The Private Collection, the brokerage's specialist team for ultra-high-end property. The duo is well known for setting several records in the area, from the highest price per sq ft, to the most expensive villa in Jumeirah Bay Island. Terraces flow into private infinity pools, and double-height salons are finished in Italian marble, warm oak and hand-laid silk panelling, said the company. A combination of location, craftsmanship and privacy that has made Lighthouse one of the most wanted addresses in Dubai's ultra-prime market, it added. "Dubai offers our international clients two things they value most: a secure place to allocate their capital and an unbeatable way of life. Bulgari Lighthouse unites those advantages in a single address, blending sound investment with everyday opulence," remarked Allaoa. On the strategic deal, Darban said: "Scarcity drives value. With fewer than 40 residences in the tower, and amenities that rival a private resort, Lighthouse is arguably the most coveted address in Dubai."
Business Wire
29-05-2025
- Business
- Business Wire
Forbes Global Properties Expands to Romania with Leading Brokerage ANG Luxury Properties
BUCHAREST, Romania--(BUSINESS WIRE)-- Forbes Global Properties, an international network of selected real estate brokerages that connects buyers and sellers to the world's most exceptional properties, is pleased to announce the addition of ANG Luxury Properties. With a deep commitment to excellence and a proven track record of successful transactions, ANG will exclusively represent the brand in Bucharest and other premier markets including Cluj, Iași, Brașov, Timișoara, and Romania's coveted Black Sea coast. Led by real estate visionaries Nicoleta and Alexandru Manea, ANG has established itself as Romania's authority in high-end real estate, uniquely focusing on properties above €1 million. Backed by over 14 years of respected industry experience with more than €300 million in closed sales, the firm brings unrivaled expertise to the dynamic and evolving market. ANG offers a full suite of tailored services for both sellers and buyers navigating Romania's high-end real estate market. For sellers, the firm provides professional property valuations, strategic marketing campaigns, and expert guidance in property management consultancy—ensuring maximum visibility and value. Buyers benefit from access to exclusive residences, each selected for its architectural excellence, design quality, and distinctive character. 'ANG Luxury Properties embodies the level of expertise, discretion, and commitment to quality that defines our global network,' said Michael Jalbert, CEO, Forbes Global Properties. 'Their in-depth knowledge of Romania's evolving high-end market and results-driven approach make them a natural fit for our brand.' 'We are honored to join the Forbes Global Properties network,' said Nicoleta Manea, CEO, ANG Luxury Properties. 'This partnership elevates our reach and reinforces our mission: to deliver world-class real estate experiences in Romania, connecting distinguished clients with extraordinary properties.' 'Forbes Global Properties is the missing link that allows us to connect Romanian clients seeking international homes with foreign investors looking to relocate their families or businesses to Romania. Through this global network, we can deliver premium consultancy backed by the world's top professionals,' said Sorin Raia, Managing Partner, ANG Luxury Properties. ANG's flagship development projects reflect its vision and leadership in shaping Romania's luxury landscape. Among them is the Radisson Blu Hotel & Residences Mamaia, a landmark oceanfront project developed by the Manea's Monarc Properties. In addition, ANG is spearheading the creation of Romania's first Branded Residence operated by Radisson Blu. Designed for discerning local and international investors, the project pairs outstanding rental yields with long-term appreciation. 'We created Radisson Blu Hotel & Residences Mamaia, Romania's first branded residences, to attract foreign investors by offering international quality and strong ROI—still a key advantage in Romania,' said Alexandru Manea, CEO of Monarc Properties. The exclusive worldwide residential real estate partner of Forbes, Forbes Global Properties provides branding and marketing services to the world's premier real estate firms and is now represented by real estate agents across 28 countries in more than 600 locations. As members of this exclusive network, ANG will benefit from Forbes' engaged audience of more than 167 million to connect, inspire, and inform affluent potential homebuyers and sellers about the finest properties for sale globally. Homes are presented across Forbes and Forbes Global Properties print, digital, and social media channels and paired with expert commentary, timely market data, and top-tier editorials. ANG's prime residential listings will also be showcased on a curated collection of high-value, quality home listings. About ANG Luxury Properties Led by Nicoleta and Alexandru Manea, ANG Luxury Properties is the country's leading real estate firm specializing in ultra-premium residential sales. With over €300 million in closed transactions and a client portfolio that spans investors, developers, and high-net-worth individuals, ANG is recognized for its discretion, integrity, and market expertise. Its standout developments include the Radisson Blu Hotel & Residences Mamaia and Romania's first branded residential complex operated by Radisson Blu. Learn more at About Forbes Global Properties Led by the world's foremost independent residential brokers and industry veterans, Forbes Global Properties is the exclusive real estate partner of Forbes. Our members connect discerning buyers and sellers of the most exceptional properties worldwide. Leveraging Forbes's worldwide reach and digital monthly audience of more than 167 million, our listings tell the stories that make our properties unique. Established in 2020, our invitation-only network spans more than 600 locations and comprises over 20,000 property experts across the U.S., Asia, Australia, Canada, the Caribbean, Mexico, the Middle East, New Zealand, and Europe. For more information, visit
Wall Street Journal
20-05-2025
- Entertainment
- Wall Street Journal
Emma Stone Asks $26.5 Million for Freshly Renovated Austin Home
In 2021, actress Emma Stone purchased a historic estate in Austin, Texas, with a plan to move her family there. Four years later, she has instead decided to put the property on the market. The actress and her husband, comedy writer Dave McCary, are asking $26.5 million for the newly renovated estate, according to Eric Moreland of Moreland Properties/Forbes Global Properties, one of the listing agents. The 1.25-acre property, located in the upscale Tarrytown neighborhood, will be among the most expensive on the market in Austin.
