Dubai Developer Binghatti Unveils $600 Million Binghatti Royale in JVC, Set for Completion by 2025

Dubai-based property developer Binghatti has unveiled its newest project, Binghatti Royale, situated in Jumeirah Village Circle (JVC). This launch addresses the high demand for Binghatti properties in the area, following the rapid sell-out of previous projects, some of which sold out within just 24 hours.

Binghatti Royale will offer 354 residential units, ranging from one to three-bedroom apartments, alongside 16 retail spaces spread across 47 floors.

Muhammad BinGhatti, Chairman of Binghatti, commented, “We are excited to launch Binghatti Royale in Jumeirah Village Circle. The swift sell-out of our recent projects underscores the strong market demand for our developments in this area. We are delighted to introduce this new project to meet the growing need for premium residences.”

Construction is progressing well, with the project expected to be completed and handed over in early 2025. Binghatti Royale will feature a range of amenities including an infinity pool, private suite pools, a children’s pool, an outdoor gym, multi-purpose lawns, and both paddle and tennis courts. The development will also include social spaces such as a juice bar, outdoor dining areas, and landscaped gardens.

Located in the vibrant heart of JVC and overlooking Al Khail Road, Binghatti Royale benefits from the community’s reputation for being family-friendly, with abundant green spaces and a variety of amenities, contributing to its rapid growth.

Chairman BinGhatti added, “Binghatti Royale reflects our commitment to building thriving communities in Dubai, like Jumeirah Village Circle. We are eager to launch more projects soon, continuing to provide exceptional value to our clients and investors.”

Moha Bensofia: Transforming Brain Health Through Cutting-Edge Neurotechnology

Moha Bensofia: Revolutionizing Brain Health and Investment

Moha Bensofia is a dynamic entrepreneur and investor who has made significant strides across multiple industries. His journey from turning around a bankrupt company to becoming a leading figure in neurotechnology is nothing short of remarkable.

A Storied Entrepreneurial Journey

In 2000, at just 25, Moha Bensofia turned around a bankrupt company, transforming it into a market leader in rubber band sales across Latin America. This early success laid the foundation for a diverse career in investment and entrepreneurship. Moha has since been involved in several high-profile startups, including Fishbrain, Werlabs, and Natural Cycles, showcasing his knack for identifying and nurturing promising ventures.

Pioneering Neurotechnology with Mendi

Moha’s foray into the neurotechnology sector began with his early investment in Mendi, a company specializing in real-time, medical-grade neurofeedback devices. Fascinated by Mendi’s potential to enhance brain health, Moha stepped in as CEO. Under his leadership, Mendi’s crowdfunding campaigns achieved remarkable success, raising $2.1 million on Kickstarter against a target of $50,000.

Mendi’s technology aims to address a range of mental health challenges, including anxiety, PTSD, and ADHD. Originally developed for individuals affected by trauma, the Mendi headset now offers broader applications, including brain training for entrepreneurs and professionals seeking to improve their cognitive function.

A Vision for Brain Health

Moha’s vision extends beyond traditional applications of neurofeedback. He believes that brain health will soon become as integral to our daily routines as the smartphone, transforming how we manage our mental well-being. This forward-thinking approach aligns with insights from experts like Dr. Lauren Silbert, a neuroscientist from Princeton University. Dr. Silbert emphasizes the importance of understanding neurofeedback and navigating the science behind brain health to empower individuals in their pursuit of mental balance.

Future Directions

Looking ahead, Moha Bensofia and his team at Mendi are focused on expanding their impact. Plans include enhancing the user experience with new product developments, integrating data from various health sensors, and personalizing brain training programs. Moha’s commitment to advancing brain health reflects a broader trend towards integrating mental well-being into everyday technology.

In addition to his work with Mendi, Moha Bensofia’s role as an angel investor and operational leader continues to shape the startup ecosystem. His diverse background and passion for transformative ventures underscore his dedication to improving lives through innovation.

Moha’s  journey from a successful entrepreneur to a pioneer in neurotechnology highlights his role in shaping the future of brain health. As he and his team at Mendi push the boundaries of what’s possible, they are paving the way for a new era of cognitive well-being. With a vision that aligns with the evolving needs of modern life, Moha’s work promises to make a lasting impact on how we approach mental health and personal development.

Movlogs: Dubai’s Digital Icon and Evolving Businessman

MoVlogs, a name synonymous with Dubai’s opulence and luxury, has captured the imaginations of millions through his daily YouTube vlogs. With over 11 million subscribers on YouTube and 4.5 million followers on Instagram, MoVlogs offers a captivating glimpse into the high-end lifestyle of one of the world’s most glamorous cities. His channel, which regularly attracts millions of views, features an array of luxury cars, extravagant shopping sprees, and lavish travel adventures. His influence extends well beyond the digital realm, reflecting his prominent role in Dubai’s social and commercial landscapes.

The Rise of Movlogs

MoVlogs began his YouTube journey with a passion for showcasing the luxury of Dubai, leveraging his unique perspective to create content that resonates with a global audience. His videos have become a staple for those interested in the high life, offering viewers a vicarious experience of Dubai’s luxury and grandeur. From the latest supercars to exclusive shopping destinations, MoVlogs’ content highlights the best of what Dubai has to offer, all while maintaining a personal and relatable touch.

In addition to his impressive YouTube following, MoVlogs is a significant presence on Instagram, where his 4.5 million followers engage with his frequent updates and posts. His Instagram feed, much like his YouTube channel, is filled with glimpses of his luxurious lifestyle, including high-end fashion, exotic travels, and collaborations with major brands. MoVlogs’ is Dubai’s example for strong social media presence.

Expanding Horizons : Boxing Debut

July 2024 marked a new chapter for MoVlogs as he ventured into the world of boxing. At Social Knockout 3, one of the largest influencer boxing events to date, MoVlogs made his highly anticipated debut. His bout against Shero ended in a decisive TKO victory in the third round, showcasing his athleticism and commitment to this new arena. The event, notable for featuring other high-profile names such as Darren Till and Abdu Rozik, further cemented MoVlogs’ status as a multi-faceted influencer.

MoVlogs’ transition into boxing was met with considerable excitement, fueled by his longstanding associations with notable boxing figures like KSI, Conor McGregor, and Logan Paul. His presence at major events such as KSI vs. Logan Paul and various Misfits events only heightened speculation about his potential future in the sport. His boxing debut not only marked a significant personal achievement but also opened doors for future opportunities in the influencer boxing scene.

A Glimpse in to the Future

Following his successful boxing debut, fans and industry experts are eagerly anticipating MoVlogs’ next steps. The prospect of his participation in Social Knockout 4 or a move to Misfits boxing has generated considerable buzz. His growing presence in the boxing world highlights his versatility and the expanding scope of his influence. As MoVlogs continues to explore new avenues, both within and outside the boxing ring, his audience remains highly engaged and excited about what lies ahead.

 

Insights and Reflections

In reflecting on his journey, MoVlogs has emphasized the importance of authenticity and personal connection. His approach to content creation is characterized by a willingness to share his life openly and honestly, creating a genuine connection with his audience. MoVlogs has spoken about his commitment to remaining true to himself, despite the pressures and criticisms that come with his public profile. His dedication to creating engaging and relatable content has been a cornerstone of his success.

Beyond his digital achievements, MoVlogs has also ventured into real-world business opportunities. His collaborations with some of the UAE’s biggest brands and his involvement in online promotional partnerships underscore his growing influence. MoVlogs is regularly seen at the most exclusive events, further solidifying his status as a prominent figure in Dubai’s luxury and lifestyle sectors.

Conclusion

MoVlogs’ journey from a luxury lifestyle vlogger to a rising star in the boxing world exemplifies his adaptability and broad appeal. His impressive social media following, combined with his foray into boxing and real-world business ventures, highlights his multifaceted influence. As MoVlogs continues to expand his horizons, his audience remains captivated by his evolving career and the exciting opportunities that lie ahead.

GCC Poised to Lead Bitcoin Mining’s Green Energy Revolution

As Bitcoin mining evolves, the GCC region is emerging as a key player in this transformative shift, thanks to a growing focus on renewable energy and cutting-edge technology. Abdumalik Mirakhmedov, Executive President of GDA, one of the largest Bitcoin mining companies globally, highlights the region’s pivotal role in this change.

“Governments across the GCC are showing strong support for Bitcoin mining, recognizing its potential to drive broader sector development,” says Mirakhmedov from GDA’s Dubai office. “Their commitment to green energy could propel the region to the forefront of sustainable mining, potentially securing a significant share of the network’s hash rate.”

Currently, the UAE’s Bitcoin mining represents about 4% of the global hash rate, with Oman investing over $800 million in crypto-mining operations. This robust investment reflects a regional commitment to integrating renewable energy sources like hydroelectric, wind, and captured methane gas into mining practices.

Mirakhmedov notes, “The misconception that Bitcoin mining heavily relies on fossil fuels is outdated. More than 55% of global Bitcoin mining operations now use renewable energy. This shift is driven by declining renewable energy costs, making them the preferred choice for miners.”

Advanced cooling technologies, such as liquid and immersion systems, are also set to revolutionize mining operations. These innovations promise to enhance energy efficiency and reduce costs, further supporting sustainable practices.

Mirakhmedov points out, “In Sweden, excess heat from mining rigs is used to warm greenhouses and de-ice vehicles, turning waste into a valuable resource. This kind of ingenuity could secure Bitcoin mining’s future, with the GCC region poised to play a significant role.”

GDA operates 20 data centers across North America, South America, Europe, and Central Asia, positioning itself at the forefront of the industry’s green energy transition.

UAE Leadership Meets to Discuss National Development and Prosperity

On Sunday, UAE President Sheikh Mohamed bin Zayed Al Nahyan and Sheikh Mohammed bin Rashid Al Maktoum, Ruler of Dubai and Prime Minister of the UAE, convened at Al Marmoom in Dubai. The meeting, also attended by Dubai Crown Prince Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, centered on the UAE’s developmental vision, focusing on maintaining the nation’s progress and citizen welfare.

Key attendees included Sheikh Ahmed bin Mohammed bin Rashid Al Maktoum, Second Deputy Ruler of Dubai; Sheikh Hamdan bin Mohamed bin Zayed, Deputy Chairman of the Presidential Court for Special Affairs; Sheikh Zayed bin Mohamed bin Zayed Al Nahyan; Sheikh Mohammed bin Hamad bin Tahnoun Al Nahyan, Advisor for Special Affairs at the Ministry of Presidential Court; and Khaldoun Khalifa Al Mubarak, Chairman of the Executive Affairs Authority and Member of the Executive Council. This gathering underscored the UAE’s commitment to its forward-looking developmental goals and the well-being of its people.

 
 
 

Shoreline by Damac Properties: Luxury Redefined on Al Marjan Island

Damac Properties has unveiled its latest luxury development, Shoreline, located on Al Marjan Island in Ras Al Khaimah. This new project promises an unparalleled living experience, combining the elegance of 5-star resort-style living with the convenience of modern amenities.

Luxurious Living with Exclusive Amenities

Shoreline offers residents access to a private beach, enhancing the resort-like atmosphere. The development features meticulously designed residences with premium finishes, expansive balconies, and breathtaking water views. These homes are built to provide a serene and modern living environment.

Prime Location and Prestigious Neighbors

Strategically situated next to the upcoming Wynn Resort—the UAE’s first casino—Shoreline enjoys a prime location that will attract both residents and visitors. The proximity to this high-profile resort adds to the allure of the development, making it an attractive option for those seeking an upscale lifestyle in Ras Al Khaimah.

Top-Tier Features and Investment Potential

The Shoreline development stands out with its state-of-the-art amenities, including both indoor and outdoor areas. The project boasts a unique outdoor rooftop gym, a private beach, a swimming pool, and a boxing ring. Residents can also enjoy the benefits of the TK27 outdoor conditioning bootcamp area, created in collaboration with Unit27. The development seamlessly blends natural beauty with cutting-edge technology, making it a valuable investment opportunity.

Flexible Payment Options

Shoreline offers easy and flexible payment plans, making it accessible to a wider range of buyers. The development exemplifies luxury and convenience, offering an exceptional standard of living while promising substantial investment returns.

Shoreline by Damac Properties represents the pinnacle of luxurious living in Ras Al Khaimah, combining elegant design with exclusive amenities and a prime location. Whether seeking a sophisticated lifestyle or a high-value investment, Shoreline offers an unmatched living experience.

DXB Live Expands to Riyadh: Strengthening Its Regional Presence

DXB Live, the integrated event management and experiential agency of Dubai World Trade Centre (DWTC), has announced a significant expansion of its regional presence with the opening of a new office in Riyadh, Saudi Arabia. This move marks a pivotal step in DXB Live’s strategy to enhance its global footprint and solidify its position as a leader in the events industry.

Khalid Al Hammadi, Senior Vice President of DXB Live, shared his enthusiasm about the expansion, stating, “For 2024, our goal at DXB Live is to increase our presence in international markets, with a special focus on Saudi Arabia. We are exploring opportunities to establish regional offices in various Gulf countries, as well as expanding our reach in European, American, and Middle Eastern markets. Our aim is to deliver our extensive range of services to clients worldwide, and we are committed to offering top-tier services globally.”

The expansion into Riyadh is a strategic move that aligns with DXB Live’s broader objective to capitalize on the growing demand for high-quality event management and experiential services in the region. This new office will allow DXB Live to cater to the increasing number of prestigious events and projects emerging in Saudi Arabia, further cementing its role in shaping the future of event experiences.

In the first half of 2024 alone, DXB Live has provided its world-class services to a host of prominent events across the globe, including locations such as Morocco, Egypt, China, South Korea, Germany, the USA, Singapore, and Spain. This global reach underscores the company’s ability to deliver exceptional event experiences on an international scale.

The Riyadh office will enable DXB Live to leverage Saudi Arabia’s growing market for events and experiential services, driven by the country’s ambitious Vision 2030 plan. This plan aims to diversify the economy and increase the focus on sectors such as tourism and entertainment, creating a fertile ground for DXB Live’s expertise.

Khalid Al Hammadi expressed confidence in the expansion, noting, “Riyadh is rapidly emerging as a key player in the global events industry. By establishing a presence here, we are positioning ourselves to better serve the needs of our clients and to tap into new opportunities in the region. This expansion reflects our dedication to driving innovation and excellence in event management.”

As DXB Live continues to grow its regional and global presence, the company remains committed to delivering innovative and high-impact events that resonate with audiences and elevate client experiences. The new office in Riyadh is set to play a crucial role in advancing DXB Live’s mission to become a leading name in the integrated event management services industry.

With this strategic expansion, DXB Live is not only enhancing its operational capabilities but also contributing to the dynamic and evolving landscape of event management in the Middle East and beyond.

Experts say now is the best time to invest in Ras Al Khaimah Property

Now is an opportune moment for investors to consider real estate in Ras Al Khaimah (RAK), as property prices are poised for significant increases amid rapid market expansion. According to industry insiders, the real estate sector in this northern emirate is experiencing unprecedented growth due to a surge in multi-sector investments.

Anna Skigin, CEO of Frank Porter, emphasized that despite current high property prices, they are expected to continue rising. “Even though prices might seem steep right now, they’re set to climb even further,” she remarked. Frank Porter is expanding into RAK, driven by the emirate’s promising outlook. The announcement of the Wynn casino has been a major catalyst, attracting substantial foreign investment and a wave of new projects. This comes after 2023 saw record-breaking business and foreign investment levels in the region.

Skigin highlighted that the demand for real estate in RAK has been surging over the past few years. “We had a brief presence in the area in 2018, and even then, demand was high and has only increased since,” she noted. This growth trend indicates that now is an ideal time to invest in property in the emirate.

Rising Property Values and Investment Opportunities

As Ras Al Khaimah continues its development, property values are expected to rise, making it a lucrative market for investors aiming to maximize their returns. Skigin anticipates that RAK will increasingly become a hotspot for “second vacation homes” for residents of Dubai and Abu Dhabi. Additionally, there is a growing demand for commercial real estate as businesses seek to relocate to the area.

Sameh Muhtadi, CEO of RAK Properties, supports this optimistic outlook, describing investment in residential real estate in RAK as a “very good investment with safe regular income.” He notes that the emirate is experiencing unprecedented demand for residential properties, including off-plan developments. “The off-plan market is booming,” Muhtadi said, adding that rental demand is also soaring. In the first half of 2023, apartment prices in popular districts increased by up to 9.86%, while villa costs rose by up to 6.5%. The rising rental costs in Dubai are driving residents northward to Ras Al Khaimah, where they can afford to enhance their lifestyles.

Wynn Resort Fuels Global Interest

The upcoming Wynn Resort on Al Marjan Island is a key factor in the emirate’s exponential growth across various sectors, including tourism, hospitality, trading, e-commerce, real estate, and services. This high-profile development is drawing global attention and contributing to Ras Al Khaimah’s transformation into a major investment destination.

As RAK continues to evolve and attract international interest, the real estate market offers promising opportunities for investors seeking growth and stability in an emerging and dynamic region.

Phoenix Group and Tether Team Up to Launch UAE Dirham-Pegged Stablecoin

Phoenix Group PLC, a major tech firm listed on the Abu Dhabi Securities Exchange (ADX), is teaming up with Tether, the leading company in the digital asset industry, to launch a new stablecoin pegged to the UAE Dirham. Green Acorn Investments Ltd. is also supporting this venture.

The global stablecoin market, currently worth $150 billion, is expected to skyrocket to $2.8 trillion by 2028. This new stablecoin aims to make digital transactions more stable and secure by linking its value to the UAE Dirham, one of the world’s most stable currencies. It’s designed to help bridge the gap between traditional finance and the digital world, offering a dependable option for investors and everyday users alike.

Built on a cutting-edge blockchain platform, the stablecoin promises top-notch security and transparency. It’s expected to offer a reliable store of value and help reduce foreign exchange risks. Backed by the expertise of Phoenix and Tether and governed by strict regulations, this stablecoin will serve both businesses and consumers in the evolving digital economy.

Seyed Mohammad Alizadehfard, Co-Founder and Group CEO of Phoenix Group, expressed excitement about the project, noting its potential to transform the digital economy and highlighting Abu Dhabi’s role as an ideal launchpad for innovation.

Farah Zafar, Managing Director and Group Chief Legal Officer, added that this partnership reflects the UAE’s leadership in digital currencies and financial innovation. She emphasized the importance of this initiative in enhancing global digital assets.

Tether’s CEO, Paolo Ardoino, also welcomed the development, noting that the UAE is becoming a major economic hub. He believes the Dirham-pegged stablecoin will be a valuable addition for businesses and individuals, offering a secure and efficient way to transact in the UAE Dirham.

This collaboration underscores the UAE’s commitment to fostering innovation in the crypto space, supported by a forward-thinking regulatory framework that is helping shape the future of finance.

Rami Wahood: A Prominent Figure in Dubai’s Real Estate Market

Rami Wahood has made a significant impact on Dubai’s real estate landscape as an associate partner at fäm Properties, the largest real estate agency in the city. His career in the industry reflects a journey of growth and dedication, particularly in the luxury property market.

A Journey of Growth

Rami embarked on his real estate career in 2013 when he joined fäm Properties. Initially stepping into a managerial role with limited knowledge of the field, he quickly immersed himself in the industry. His commitment to learning and adapting propelled him to become an executive director, demonstrating his ability to excel and lead in a competitive market.

Notable Achievements

Over the years, Rami has established himself as a respected figure in Dubai’s real estate sector. He has earned a place among the top 1% of agents recognized by the Dubai Land Department, a testament to his high performance and client satisfaction. His expertise is particularly notable in handling high-end, off-market properties, which requires a sophisticated understanding of the market and client needs.

 

Appearance on Million Dollar Listing UAE

Rami’s professional journey includes a notable appearance on Million Dollar Listing UAE, a show that brought him additional visibility. As part of this international franchise, Rami was featured for his role in the luxury real estate market, showcasing his involvement in some of the region’s most exclusive transactions.

Current Market Insights

According to Rami, the luxury real estate market in Dubai is experiencing significant activity. He notes that the ultra-luxury segment is particularly strong, with rising prices and a diverse mix of international buyers. Despite the summer season, the market remains vibrant. Rami advises that working with a reputable agent and agency is crucial for navigating this dynamic market effectively.

Commitment to the Future

Rami’s dedication to the real estate industry is evident in his ongoing efforts to contribute to Dubai’s evolving property market. His approach blends extensive market knowledge with a forward-thinking perspective, reflecting his commitment to advancing the industry and meeting the needs of clients.

In Summary

For those interested in the Dubai real estate market, Rami Wahood stands out as a knowledgeable and experienced professional. His role at fäm Properties and his insights into the luxury property segment make him a key figure in the city’s real estate scene. Whether buying, selling, or investing, clients can rely on Rami’s expertise to guide them through their real estate endeavors.