Daily Newsletter

24 November 2023

Daily Newsletter

24 November 2023

Deyaar begins construction on new residential development in Dubai

Each unit at Mar Casa will feature modern IP intercoms and smart access technology.

November 23 2023

United Arab Emirates (UAE)-based property developer Deyaar Development has broken ground on a new residential project, dubbed Mar Casa, in Dubai Maritime City.

The project is a seafront community and follows the complete selling out of Deyaar’s first seafront luxury residential tower, the company stated in a LinkedIn post.

Mar Casa will include one-, two-, and three-bedroom apartment units and luxury penthouses that will have ocean and Dubai skyline views, according to a press release published on Zawya.

It will feature its exclusive Residents’ Lounge with a sea view. This will include a library and coworking area along with a juice bar.

In addition to a padel court, yoga and retreat rooms, and a children's play area, the seaside project consists of a full floor of further recreational services.

On the main recreational floor, there is a separate children's pool and a beach-inspired pool with splash sections, as well as a rooftop infinity pool with wonderful views.

Each apartment and penthouse at Mar Casa will be outfitted with modern IP intercoms, smart access, and lighting control devices. All apartments will also have premium-brand appliances.

Construction work is expected to be completed in the fourth quarter (Q4) of 2026.

Deyaar CEO Saeed Mohammed Al Qatami said: “We are proud of Mar Casa’s distinctive design, embodying a smart and sustainable lifestyle. Our commitment shines through in living spaces crafted for natural lighting.

"With a focus on indoor air quality and energy-efficient MEP [mechanical, electrical, and plumbing] systems, Mar Casa reflects our dedication to sustainable practices.”

In March this year, Deyaar hired the main contractor for Tria, a residential tower project in Dubai Silicon Oasis, UAE.

South-East Asia Construction Market Dynamics

Several companies are accelerating toward the net-zero emissions target to decarbonize the energy sector. The power industry is investing heavily in AI and ML to deliver the necessary solutions, such as sensor-connected power plants and smart grids to balance electricity supply and demand. AI is driving measurable improvements in renewable energy forecasting, grid operations and optimization, the coordination of distributed energy assets, and demand-side management. It will play a major role in enhancing asset optimization and customer segmentation.

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