Almal Real Estate Development Prepares for Major Expansion

05 Feb 2025 CW Team

The expansion into the commercial real estate sector will be marked by the upcoming launch of The Smart Space, a pioneering project offering premium, smart business centers. These centers, available for off-plan commercial sale, will cater to the increasing demand for flexible, high-end office spaces across the UAE, aligning with Dubai’s 2040 Urban Master Plan and its vision for sustainable growth in commercial districts.

In addition to its commercial expansion, Almal is also preparing to announce its entry into the Bali and Thailand markets, where the company will take on the role of community developer. Almal’s projects in these regions will focus on building luxurious villa and townhouse communities that harmonize with the natural beauty of their surroundings, offering an exceptional lifestyle for both local and international buyers.

Meanwhile, Almal continues to make significant progress on its flagship developments in the UAE. The Unexpected Al Marjan Island Hotel and Residence in Ras Al Khaimah, managed by Palladium Hotel Group under The Unexpected Hotels brand, is set to redefine luxury hospitality, with 422+ hotel rooms and fully managed residential units, scheduled for completion in Q1 2027. The company’s other prestigious project, Harrisoni Villas, a collection of award-winning ultra-luxury 5-bedroom villas in La Mer South, Dubai, has been completed and is currently on the market for sale, with listings starting at AED 100 million. Both projects underscore Almal’s commitment to delivering world-class, sophisticated living and hospitality spaces.

These upcoming announcements demonstrate Almal Real Estate Development’s ambition to grow its brand both locally and internationally, as the company continues to shape the future of real estate with innovative, high-end solutions. Source: AETOSWire

Almal Real Estate Development is soon to announce its upcoming expansion into new verticals and international markets as part of its strategic growth plans for 2030. The company, known for its innovative luxury residential and hospitality developments, is preparing to diversify into the commercial sector with the introduction of The Smart Space, a network of business centers in UAE featuring five-star amenities. Additionally, Almal is entering new markets in Bali and Thailand as a community developer, focusing on villa and townhouse projects. The expansion into the commercial real estate sector will be marked by the upcoming launch of The Smart Space, a pioneering project offering premium, smart business centers. These centers, available for off-plan commercial sale, will cater to the increasing demand for flexible, high-end office spaces across the UAE, aligning with Dubai’s 2040 Urban Master Plan and its vision for sustainable growth in commercial districts. In addition to its commercial expansion, Almal is also preparing to announce its entry into the Bali and Thailand markets, where the company will take on the role of community developer. Almal’s projects in these regions will focus on building luxurious villa and townhouse communities that harmonize with the natural beauty of their surroundings, offering an exceptional lifestyle for both local and international buyers. Meanwhile, Almal continues to make significant progress on its flagship developments in the UAE. The Unexpected Al Marjan Island Hotel and Residence in Ras Al Khaimah, managed by Palladium Hotel Group under The Unexpected Hotels brand, is set to redefine luxury hospitality, with 422+ hotel rooms and fully managed residential units, scheduled for completion in Q1 2027. The company’s other prestigious project, Harrisoni Villas, a collection of award-winning ultra-luxury 5-bedroom villas in La Mer South, Dubai, has been completed and is currently on the market for sale, with listings starting at AED 100 million. Both projects underscore Almal’s commitment to delivering world-class, sophisticated living and hospitality spaces. These upcoming announcements demonstrate Almal Real Estate Development’s ambition to grow its brand both locally and internationally, as the company continues to shape the future of real estate with innovative, high-end solutions. Source: AETOSWire

Building Material

11 Dec 2025

Suraj Estate Wins Euromoney Award for India’s Best Residential Developer

"Suraj Estate Developers Limited has received the Euromoney Real Estate Award 2025 for ‘India’s Best Residential Developer’, positioning the company among globally benchmarked leaders in the sector. The recognition reflects its four-decade legacy in delivering high-quality residential and redevelopment-led projects across South Central Mumbai. The Euromoney Real Estate Awards, presented by the London-based Euromoney magazine, are widely regarded as one of the most credible global assessments of performance in real estate, banking and finance. Winners are selected through surveys of inte..

Building Material

11 Dec 2025

Lloyds Metals, Tata Steel Sign MoU to Explore Strategic Collaboration

"Lloyds Metals and Energy Limited has signed a non-binding Memorandum of Understanding with Tata Steel Limited to evaluate potential areas of strategic cooperation across mining, logistics, pelletisation and steelmaking. The MoU was signed by B Prabhakaran, Managing Director of Lloyds Metals, and Mr T V Narendran, CEO and Managing Director of Tata Steel. The partnership framework aims to leverage the natural operational synergies between both companies and assess opportunities in greenfield steel projects, iron ore mining, slurry pipeline infrastructure, pellet manufacturing in iron ore–ric..

Building Material

11 Dec 2025

IndiaAI, Gujarat Govt Host Regional Conclave Ahead of 2026 AI Summit

The IndiaAI Mission under the Ministry of Electronics and Information Technology, along with the Government of Gujarat and IIT Gandhinagar, convened a Regional Pre-Summit Event at Mahatma Mandir, Gandhinagar. The initiative is part of the build-up to the India–AI Impact Summit 2026, scheduled for 15–20 February 2026 at Bharat Mandapam, New Delhi. The conclave brought together senior policymakers, technology leaders, researchers and industry practitioners to examine how AI can accelerate economic, digital and social transformation across sectors. The programme focused on the overarching th..