Latest news with #fämProperties
ME Construction
2 days ago
- Business
- ME Construction
fäm Properties appointed as exclusive master agency for Keturah Ardh master development
Property fäm Properties appointed as exclusive master agency for Keturah Ardh master development By Nestled in the Al Rowaiyah First District, the project is led by master developer MAG Group and integrates traditional Arabic architectural principles with modern wellness innovation fäm Properties has been appointed as the exclusive Master Agency for Phase One of the US $16.34bn Keturah Ardh master development, which is billed as Dubai's inaugural heritage-wellness integrated luxury community. Phase One presents an opportunity for investors and end-users to acquire residential plots with permits to construct luxury townhouses, an asset in Dubai's luxury market, said a statement. Nestled in the Al Rowaiyah First District, the project is led by master developer MAG Group and integrates traditional Arabic architectural principles with modern wellness innovation. Comprising 93 designed clusters and 558 luxury townhouse plots, fäm Properties will officially launches the project to brokers at an exclusive briefing event at the Madinat Jumeirah Johara Ballroom. The broader master plan envisions a novel concept for luxury living, Arabic heritage to create a self-contained lifestyle community. The name 'Ardh' is derived from the Arabic word meaning 'earth' or 'land', and signifies a deep connection to culture and nature. The townhouses will have plot sizes ranging from 1,534 to 4,555 sqft. Firas Al Msaddi, CEO of fäm Properties said, 'We're excited to team up with MAG Group on such a distinctive project. Keturah Ardh is a great fit for our expertise in off-plan sales, land advisory, and creating flexible payment solutions that meet the needs of today's buyers.' 'This isn't a typical real estate launch, and it isn't a typical product. We're introducing Dubai's most exclusive heritage-wellness opportunity: freehold plots with luxury townhouse permits, ready for those who want to build, design, and invest in generational value while honouring authentic Arabic cultural heritage.' 'Genuine heritage-wellness integration is limited, and plots for luxury townhouses in such communities are by far the most in-demand, hardest-to-find asset in the market today. For the last four years, this segment has been leading in both performance and investor interest,' he concluded. The Keturah Ardh project embodies MAG Group's legacy with a strong emphasis on Arabic design and premium wellness amenities. These amenities include a spa and sauna, yoga and pilates classes, running and cycling tracks, and green areas. The community boasts mature landscaping featuring trees from Italy, Spain, Thailand, and Africa, all within planned community. Construction is scheduled to commence in Q4 2026 and is expected to be completed by 2030, with infrastructure delivery anticipated in Q1 2026. This project marks the fourth endeavor in Keturah's portfolio, following the success of Keturah Reserve, Keturah Resort, and Keturah Bahar. Together, these projects have solidified Keturah's position as luxury real estate brand.
Zawya
3 days ago
- Business
- Zawya
Fam named master agency for Phase 1 of $16bln Dubai wellness project
UAE-based fäm Properties has announced that it has been appointed as the exclusive master agency for Phase One of the AED60 billion ($16.3 billion) Keturah Ardh, Dubai's first heritage-wellness integrated luxury community. Located in the Al Rowaiyah First District, the groundbreaking project from Dubai master developer MAG Group authentically combines traditional Arabic architectural principles with comprehensive modern wellness innovation. True to its name Ardh (meaning earth in Arabic), it reflects its strong ties to culture and nature. The wider master plan offers a new vision for luxury living, combining Arabic heritage with advanced wellness to create a self-contained lifestyle community unlike anything else in Dubai, it stated. According to fäm Properties, the first phase introduces a rare opportunity for investors and end-users to buy residential plots with permits to build luxury townhouses, a category of property that has become one of the most scarce and sought-after asset classes in Dubai's luxury market today. Including 93 well-planned clusters and 558 luxury townhouse plots, Phase One is being brought to market with attractive payment plans. fäm Properties officially launches the project to brokers at an official briefing event at the Madinat Jumeirah Johara Ballroom tomorrow morning (July 23). On the appointment, CEO Firas Al Msaddi said: 'We're excited to team up with MAG Group on such a distinctive project. Keturah Ardh is a great fit for our expertise in off-plan sales, land advisory, and creating flexible payment solutions that meet the needs of today's buyers.' 'This isn't a typical real estate launch, and it isn't a typical product. We're introducing Dubai's most exclusive heritage-wellness opportunity: freehold plots with luxury townhouse permits, ready for those who want to build, design, and invest in generational value while honouring authentic Arabic cultural heritage,' he explained. 'Genuine heritage-wellness integration is limited, and plots for luxury townhouses in such communities are by far the most in-demand, hardest-to-find asset in the market today. For the last four years, this segment has been leading in both performance and investor interest,' he added. The Keturah Ardh project reflects MAG Group's 45-year commitment to excellence and innovation, with a focus on Arabic design and premium wellness amenities, including spa and sauna, yoga and pilates, running and cycling tracks and green areas. Mature landscaping features trees from Italy, Spain, Thailand, and Africa, all within a masterplanned community focused on long-term value creation, it stated.-TradeArabia News Service Copyright 2024 Al Hilal Publishing and Marketing Group Provided by SyndiGate Media Inc. (
Mid East Info
3 days ago
- Business
- Mid East Info
fäm Properties appointed exclusive master agency for phase one of AED60 billion Keturah Ardh master community
First phase launches residential townhouse plot sales in Dubai's most ambitious heritage-wellness integrated luxury development Dubai, UAE, 22nd July, 2025: fäm Properties has been appointed as the exclusive Master Agency for Phase One of the AED 60 billion Keturah Ardh master development, Dubai's first heritage-wellness integrated luxury community. The first phase introduces a rare opportunity for investors and end-users to buy residential plots with permits to build luxury townhouses, a category of property that has become one of the most scarce and sought-after asset classes in Dubai's luxury market today. Located in the Al Rowaiyah First District, the groundbreaking project from master developer MAG Group authentically combines traditional Arabic architectural principles with comprehensive modern wellness innovation. Including 93 meticulously planned clusters and 558 luxury townhouse plots, Phase One is being brought to market with attractive payment plans. fäm Properties officially launches the project to brokers at an official briefing event at the Madinat Jumeirah Johara Ballroom tomorrow morning (23 July). The wider master plan offers a new vision for luxury living, combining Arabic heritage with advanced wellness to create a self-contained lifestyle community unlike anything else in Dubai. The name 'Ardh,' meaning 'earth' or 'land' in Arabic, reflects its strong ties to culture and nature. Firas Al Msaddi, CEO of fäm Properties, said: 'We're excited to team up with MAG Group on such a distinctive project. Keturah Ardh is a great fit for our expertise in off-plan sales, land advisory, and creating flexible payment solutions that meet the needs of today's buyers.' 'This isn't a typical real estate launch, and it isn't a typical product. We're introducing Dubai's most exclusive heritage-wellness opportunity: freehold plots with luxury townhouse permits, ready for those who want to build, design, and invest in generational value while honouring authentic Arabic cultural heritage.' 'Genuine heritage-wellness integration is limited, and plots for luxury townhouses in such communities are by far the most in-demand, hardest-to-find asset in the market today. For the last four years, this segment has been leading in both performance and investor interest.' The Keturah Ardh project reflects MAG Group's 45-year commitment to excellence and innovation, with a focus on Arabic design and premium wellness amenities, including spa and sauna, yoga and pilates, running and cycling tracks and green areas. Mature landscaping features trees from Italy, Spain, Thailand, and Africa, all within a masterplanned community focused on long-term value creation. Infrastructure delivery is scheduled for Q1 2026, with construction beginning in Q4 2026 and full community completion by 2030. This community marks the fourth major project in the Keturah luxury portfolio, following the success of Keturah Reserve, Keturah Resort, and Keturah Bahar, establishing Keturah as one of the top luxury real estate brands globally. Key project specifications: Total Investment: AED 60 billion master community Phase One: 558 luxury townhouses across 93 clusters Plot Sizes: 142.5 to 423.2 square meters (1,534 to 4,555 square feet) Payment Plans: Three flexible options with 20% down payment Architecture: Authentic Arabic design with modern luxury amenities Timeline: Q1 2026 infrastructure, Q4 2026 construction start About MAG Group: Founded in 1978, MAG Group has established itself as a leader in luxury real estate with a $25 billion portfolio of developments and communities. The company's 45-year track record includes successful developments across the UAE and internationally. The Keturah brand, launched in 2022, has rapidly positioned itself as a leader in luxury real estate with a $5 billion asset portfolio. Ends
Zawya
3 days ago
- Business
- Zawya
Fäm Properties appointed exclusive master agency for phase one of AED60bln Keturah Ardh master community
Dubai, UAE: fäm Properties has been appointed as the exclusive Master Agency for Phase One of the AED 60 billion Keturah Ardh master development, Dubai's first heritage-wellness integrated luxury community. The first phase introduces a rare opportunity for investors and end-users to buy residential plots with permits to build luxury townhouses, a category of property that has become one of the most scarce and sought-after asset classes in Dubai's luxury market today. Located in the Al Rowaiyah First District, the groundbreaking project from master developer MAG Group authentically combines traditional Arabic architectural principles with comprehensive modern wellness innovation. Including 93 meticulously planned clusters and 558 luxury townhouse plots, Phase One is being brought to market with attractive payment plans. fäm Properties officially launches the project to brokers at an official briefing event at the Madinat Jumeirah Johara Ballroom tomorrow morning (23 July). The wider master plan offers a new vision for luxury living, combining Arabic heritage with advanced wellness to create a self-contained lifestyle community unlike anything else in Dubai. The name 'Ardh,' meaning 'earth' or 'land' in Arabic, reflects its strong ties to culture and nature. Firas Al Msaddi, CEO of fäm Properties, said: ' We're excited to team up with MAG Group on such a distinctive project. Keturah Ardh is a great fit for our expertise in off-plan sales, land advisory, and creating flexible payment solutions that meet the needs of today's buyers.' 'This isn't a typical real estate launch, and it isn't a typical product. We're introducing Dubai's most exclusive heritage-wellness opportunity: freehold plots with luxury townhouse permits, ready for those who want to build, design, and invest in generational value while honouring authentic Arabic cultural heritage.' 'Genuine heritage-wellness integration is limited, and plots for luxury townhouses in such communities are by far the most in-demand, hardest-to-find asset in the market today. For the last four years, this segment has been leading in both performance and investor interest.' The Keturah Ardh project reflects MAG Group's 45-year commitment to excellence and innovation, with a focus on Arabic design and premium wellness amenities, including spa and sauna, yoga and pilates, running and cycling tracks and green areas. Mature landscaping features trees from Italy, Spain, Thailand, and Africa, all within a masterplanned community focused on long-term value creation. Infrastructure delivery is scheduled for Q1 2026, with construction beginning in Q4 2026 and full community completion by 2030. This community marks the fourth major project in the Keturah luxury portfolio, following the success of Keturah Reserve, Keturah Resort, and Keturah Bahar, establishing Keturah as one of the top luxury real estate brands globally. Key project specifications: Total Investment: AED 60 billion master community Phase One: 558 luxury townhouses across 93 clusters Plot Sizes: 142.5 to 423.2 square meters (1,534 to 4,555 square feet) Payment Plans: Three flexible options with 20% down payment Architecture: Authentic Arabic design with modern luxury amenities Timeline: Q1 2026 infrastructure, Q4 2026 construction start About MAG Group: Founded in 1978, MAG Group has established itself as a leader in luxury real estate with a $25 billion portfolio of developments and communities. The company's 45-year track record includes successful developments across the UAE and internationally. The Keturah brand, launched in 2022, has rapidly positioned itself as a leader in luxury real estate with a $5 billion asset portfolio. For further press information please contact: Tony Lewis / Narayan Marar Total Communications Email: tony@ / narayan@
Hi Dubai
14-07-2025
- Business
- Hi Dubai
Growing villa demand pushes Dubai residential sales to new heights in H1 2025
The Dubai real estate market saw villa sales leap by 65% in total value and 55% in volume over the first six months of 2025 compared to the same period last year. Growing investor and buyer interest in the villa sector was highlighted in H1 2025 as sales climbed from AED 71.6 billion in value to AED 118.5 billion over the first six months last year, built on transaction growth from 13,135 to 20,415. A market update issued by fäm Properties today shows that sales for villas and apartments combined rose by 38% in value, from AED 190.8 billion in H1 2024 to AED 262.7 billion in H1 2025. Transaction volumes grew by 22.96%, from 76,442 to 93,988 deals. Data from DXBinteract reveals that H1 apartment transactions were up 16% year-on-year, from 63,307 to 73,573. Sales value for apartments climbed 21% over the same period, from AED 119.2 billion to AED 144.2 billion. Villas recorded triple-digit growth in three months, including a 118% rise in January, 111.5% in February, and a 147% surge in April, when the total value of villa sales tripled year-on-year from AED 7.8 billion to AED 24 billion. April was also a big month for apartments, with transactions up by 42% from 9,656 in 2024 to 13,736 in 2025, while sales value grew by 48.47%, from AED 18.046 billion to AED 26.794 billion. Average monthly villa deals rose from 2,189 in H1 2024 to 3,402 this year, with average value up from AED 11.9 billion to AED 19.8 billion. Apartment deals grew from a monthly average of 10,551 to 12,262, while average monthly value was up from AED 19.9 billion to AED 24 billion. The surge in villa transactions across most months this year highlights a growing demand for larger, family-oriented homes, a trend we've seen strengthen in recent years, said Firas Al Msaddi, CEO of fäm Properties. At the same time, we're witnessing sustained interest in apartments, particularly among investors and younger buyers seeking long-term value and rental yield, and this level of activity underlines consistent investor confidence in Dubai. 2024 2025 Villas Apartments Villas Apartments January 1,635 9,283 3,558 9,944 February 1,852 9,369 3,917 11,370 March 2,403 10,564 2,739 11,661 April 1,379 9,656 3,407 13,736 May 2,827 13,961 3,809 14,013 June 3,039 10,474 2,985 12,849 Average 2,189 10,551 3,402 12,262 Total 13,135 63,307 20,415 73,573 2024 2025 Villas Apartments Villas Apartments January AED 9.507 AED 19.473 AED 16.102 AED 18.169 February AED 9.769 AED 17.367 AED 19.541 AED 21.468 March AED 12.457 AED 19.466 AED 14.193 AED 22.673 April AED 7.792 AED 18.046 AED 24.091 AED 26.794 May AED 13.780 AED 25.677 AED 25.079 AED 29.697 June AED 18.287 AED 19.216 AED19.539 AED 25.382 Average AED 11.932 AED 19.874 AED 19.757 AED 24.030 Total AED 71.592 AED 119.245 AED 118.545 AED 144.183 News Source: Total Communications
