Ala Real Estate Development lays the foundation stone for the «Havincia» project in Dubai

I announced ALA Real Estate Development Construction work has begun on its residential project «Havincia» in Dubailand Residence Complex, following the laying of the foundation stone for the project, which includes 286 residential units, in the company’s second project in the Emirate of Dubai.
The project is scheduled to be completed in the second quarter of 2028, and is being built on a plot of land of 34,057 square feet, and includes a group of studios and one- and two-bedroom apartments.
«Havensia» combines integrated residential facilities with a location that provides easy access to Dubai’s main road networks, in addition to schools, retail centers, metro stations and entertainment destinations, to meet the needs of families and investors, according to the company.
The project features studios that can be converted into one-bedroom apartments, in what the company describes as the first project in Dubailand Residence Complex to offer this feature.
The project includes a business hall and a library in the entrance lobby, while platform level facilities include a water games area, a butterfly garden, a koi pond, and a running track.
Rooftop facilities include a fully equipped Techno Gym, golf simulator, barbecue area, outdoor cinema and banquet hall.
The residential units also include built-in kitchen cabinets and Siemens appliances, built-in wardrobes, and Alexa-compatible smart home systems.
A regional expansionist vision
The foundation stone laying ceremony was held in October 1 at the «Havensia» project site In the presence of ALA Real Estate Development employees, investors, real estate brokers and a number of invited guests.
The foundation stone laying ceremony was attended by Hassan Reda, Chairman of ALA Real Estate Development, Abbas Sayed Zulfikar, Chairman of the Alliance, Zaman Abbas, CEO, and Mohammed Haidar, son of the Chairman.
And he said Hassan Reda in the project «Havensia» It represents a new milestone in the company’s journey, and an additional step in its plans to build a strong and reliable real estate development company in the UAE and the region.
“This is not just the beginning of a new project, but another important step in our journey as a company,” Reda said. Our vision is not limited to building development, but rather to build a strong and reliable real estate development company.
He added: “When I look at the next five years, I see ALA Real Estate Development turning into a billion-dollar company, with at least 30 projects in the UAE and the Middle East”.
«Havensia» The company’s second project in Dubai
Havensia represents ALA’s second real estate development project in Dubai, after the «Creek Views» project in the Jaddaf Waterfront.
«Creek Views 108» includes residential units distributed between one- and two-bedroom apartments, in addition to a four-bedroom penthouse. The project is scheduled to be delivered in the first quarter of 2027, according to the company.
ALA Real Estate Development was established in 2023, and the company’s roots go back to the Star Track Group, whose activities extend to the home appliances, hospitality and real estate sectors.
Star Track Group operates in more than 40 countries in the Middle East, Africa and the CIS region.
The company’s list of anticipated projects includes four new projects with a total value exceeding one billion UAE dirhams, distributed across the Dubailand Residence Complex, Dubai South, Dubai Industrial City, and Dubai Islands.
Hassan Reda said: “The company will reveal more details about its future projects at a later stage”.
ALA Real Estate Development is led by Hassan Reda, Chairman of the Board of Directors, Abbas Sayed Zulfikar, Chairman of the Alliance, and Mr. Zaman Abbas, CEO.
The company’s strategy is based on developing a limited number of residential projects of a design nature, with a focus on quality implementation, compliance with regulatory requirements, and commitment to deliver.