Al-Habtoor woos GCC nationals with attractive housing offers

Updated 16 May 2018

Al-Habtoor woos GCC nationals with attractive housing offers

Khalaf Ahmad Al-Habtoor, founding chairman of Al-Habtoor Group, has launched a promotion for GCC nationals for the sale of homes at the UAE’s luxury landmark in the heart of Dubai, The Residence Collection at Al-Habtoor City.

For a limited period, Al-Habtoor is extending a special payment plan for apartments purchased at the Noora Tower of 50 percent to be paid on purchase and the rest over 10 years — interest-free. Rates start from Dhs1,800 ($490) per sq. ft., which will include the four percent Oqood registration fee.

In addition to that, Al-Habtoor is extending a 20 percent discount on all purchases. This promotion is valid from May 13 till Ramadan end.

The 73-story Noora Tower features 546 luxury units, including four ultra-luxury penthouses, which are scheduled for full completion in July 2018. 

The 52-story Meera Tower welcomed its first tenants in March 2018 with over 50 percent of the tower already occupied.

Al-Habtoor said he is pleased to see high demand from local and international investors and that “sales are proceeding well since we made our first announcement in 2016.”

He added: “Al-Habtoor City is a luxury lifestyle destination for everyone whether they are tourists, residents or investors in the UAE. I am launching this in response to the high demand for special promotions from GCC nationals through social media channels, and to celebrate with UAE nationals a new iconic landmark in our country.”

The Residence Collection consists of three luxurious residential towers — Noora, Amna and Meera. The high-end homes, which range from one to seven bedrooms, boast views of Dubai’s skyline.

Each bedroom features an en-suite bathroom. Residents also enjoy the region’s largest resort-style pool deck, which spans more than 120,000 sq. ft.

The residential community will have access to amenities, which include the largest swimming pool and leisure deck in the UAE, a state-of-the-art gym, two luxury spas, multiple restaurants and cafés, and Al-Habtoor Tennis Academy.

Malabar Group to distribute iftar meals

Updated 27 May 2018

Malabar Group to distribute iftar meals

Malabar Gold and Diamonds has planned a month-long corporate social responsibility (CSR) campaign in association with like-minded organizations to benefit the needy in Ramadan. Over 70,000 iftar meals will be distributed during this period.
Since its inception in 1993, Malabar Group has been actively involved in CSR activities with the aim of creating a difference to the community in and around its area of operations. The group sets aside five percent of its net profit for the benefit of the needy in the respective markets it operates in. It undertakes social welfare activities all year long, focusing on five priority areas — medical, education, environment, housing and women empowerment.
Malabar Gold and Diamonds is the flagship company of Malabar Group, a leading diversified Indian business conglomerate.