Emaar launches pioneering holiday homes concept

‘South Beach’ is a residential beachfront development in Emaar Beachfront offering a blend of cosmopolitan living and serene seaside lifestyles.
Updated 08 September 2019

Emaar launches pioneering holiday homes concept

Emaar, a Dubai-based global property developer, has announced the launch of Ease by Emaar — a streamlined short-term rental concept that provides global travelers stays in elegant homes handpicked by Emaar in their integrated communities. It is a pioneering concept that provides property management services, handling holiday homes on behalf of investors and providing high return on investment.
The holiday homes market has grown by 161 percent, according to a study by Knight Frank
During the launch event, the developer also unveiled “South Beach,” a residential beachfront development in Emaar Beachfront offering a blend of cosmopolitan living and serene seaside lifestyles. Comprising one-, two-, and three-bedroom apartments with exquisite furnishings, this will be the first waterfront development to be listed on Ease by Emaar.
“For guests, Ease by Emaar opens a new avenue for visitors to experience a premium lifestyle located in some of the most sought-after destinations in the city. Guests are provided with unrivaled hospitality such as hotel-grade housekeeping and amenities, and a digital mobile concierge, ensuring guests get all the information needed to experience the city, anytime, anywhere,” a press release said.
Other amenities offered to guests include unlimited Wi-Fi, a welcome pack, and on-demand Google Smart Home devices such as Chromecasts for streaming entertainment channels and others. Guests can also get an “Ease Pass,” which provides offers and deals to the city’s major attractions. This includes U by Emaar special upgrades, discounts on Emaar hospitality restaurants, and deals to Emaar entertainment attractions such as At The Top, Burj Khalifa, Reel Cinemas and others.
Residents of South Beach can also engage in watersports activities and various lifestyle amenities such as a swimming pool, fitness center and an extensive choice of play areas for children.
Investors in this development will have the option to let Ease by Emaar manage their property at no additional cost for the first three years post-completion.
Emaar Beachfront, which is easily accessible via Sheikh Zayed Road, features captivating views of the waterfront and access to private beaches.
“For investors, the innovative technological infrastructure offers the opportunity to fill the market gap for short-term rentals and helps them capitalize on an emerging business model, helping them earn substantial returns. Emaar-owned Ease provides an end-to-end property management service, including property setup, reservations management, guest hosting, housekeeping, maintenance, government licensing, and distribution of the listing across Airbnb, Booking.com, Expedia, Agoda, and over 50 other channels,” the developer said.


LuLu Group announces SAR1 billion expansion plans

Updated 14 October 2019

LuLu Group announces SAR1 billion expansion plans

  • Group also launched SAR1 million 10th anniversary promotion

RIYADH: LuLu Hypermarkets, one of the largest retailers in the region, is upbeat about the investment climate of KSA and is planning to expand in the coming years.

Talking to media during the group’s 10th anniversary celebrations held at Atayaf Mall in Riyadh, chairman M. A. Yusuff Ali unveiled LuLu Group’s plans.

Saad Al-Gamdi, Head of Saudization Programme (Tawteen) at the Ministry of Labour, along with Yusuf Ali, Chairman of LuLu Group, officially inaugurated the anniversary celebrations in the presence of senior officials and a large number of shoppers. 

Elaborating on LuLu Group’s journey so far, Yusuf Ali said: “With a modest beginning in the 2009, today we have 17 hypermarkets, 12 Aramco commissaries and National Guard supermarkets which is a testimony to our acceptance in the country, thanks to our fair pricing and highest quality product range.

“We see tremendous growth opportunity in the Kingdom. We have already announced that by year 2020, we will open 15 new hypermarkets in Saudi Arabia. Under this plan, 3 hypermarkets have already been opened and another 11 hypermarkets will be completed before end of 2020 at an investment of SAR1 billion ($266.6 million).

“This includes 4 in Dammam, 6 in Jeddah and 1 in Riyadh. This is apart from the SR1.7 billion that we have already invested in the Kingdom until now.”

During the occasion, LuLu also honored 10 long serving Saudi nationals with gold medals and certificates who were all part of LuLu’s growth story in the Kingdom.

Congratulating the Saudi staff, Yusuf Ali said: “We consider it our duty to nurture them as we have a very hardworking, dedicated and productive manpower among Saudi nationals.

“LuLu Group currently employs 2,700 Saudi nationals including 700 women in their various hypermarkets across the Kingdom. Out of the total Saudi work force employed in our group, half of them are from small town like Hail, Tabuk, Hassa and Jubail.

“Our goal is to give employment to more than 4,000 nationals by the end of 2020 out of which 1,700 will be women,

He added that his group gives priority in generating jobs for young Saudis, especially women. “I think it is the duty of all businessmen and investors to create more jobs for local youth.

“We also take this opportunity to extend our gratitude to King Salman, Crown Prince Mohammed Bin Salman and the government who have always given tremendous support to investments and economic development which ultimately generate more employment opportunities for Saudi citizens.”

To mark the occasion of 10th anniversary, LuLu announced the launch of LuLu-Win One Million Riyal promotion which will run for 10 weeks and 10 lucky winners will each get SAR100,000 cash prize.