{"id":27469,"date":"2016-09-27T23:42:22","date_gmt":"2016-09-27T16:42:22","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/?p=27469"},"modified":"2016-09-27T21:59:52","modified_gmt":"2016-09-27T14:59:52","slug":"former-al-barari-ceo-sets-up-new-venture","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/former-al-barari-ceo-sets-up-new-venture\/","title":{"rendered":"Former Al Barari CEO sets up new venture"},"content":{"rendered":"<p>&#013;<br \/>\nThe former chief executive of Dubai&#8217;s Al Barari property development has struck out on his own to launch a competing development company.Mohammed bin Zaal, whose father Zaal Mohammed Zaal is the founder and chairman of the 18-million-square foot Al Barari green villa community, has said that his new venture, Koa, will develop residential, commercial and retail spaces &#8220;that are regionally unmatched&#8221; in terms of their approach to design.&#8221;I&#8217;m incredibly excited by what Koa means for real estate in the region,&#8221; said Mr bin Zaal. &#8220;I feel that it is the next step in the evolution of property development in Dubai. It&#8217;s about the real estate industry catching up with the demands of a new generation of residents, and the long-term vision of the region.&#8221;He has said that his first project will be a building known as &#8220;Canvas&#8221; containing 70 apartments and co-working spaces that will be built near Mohammed bin Rashid Gardens, off Emirates Road. It will also house a &#8220;gourmet market&#8221;, day care facilities, a fitness studio, pool and landscaped areas using indigenous plants.Sales of studios, one, two and three-bedroom apartments at Canvas are due to get under way in November, and the project has a scheduled completion date of the end of next year. According to property portal Bayut.com, average rents across Dubai in August fell by 5 per cent month-on-month, and average yields stood at 5.6 per cent. The average rent for a studio dropped by Dh3,000 to Dh54,000, but rents for one-bedroom apartments increased slightly by 1 per cent to Dh93,000. Rents for two-bed apartments dropped by 2 per cent to Dh142,000, and rents for three-bed units fell by 4 per cent to Dh197,000.mfahy@thenational.aeFollow The National&#8217;s Business section on Twitter&#013;<br \/>\n&#013;<br \/>\nSource : thenational.ae&#013;<br \/>\nRead more&#8230;<a href=\"http:\/\/www.thenational.ae\/business\/property\/former-al-barari-ceo-sets-up-new-venture\" target=\"_blank\">Former Al Barari CEO sets up new venture<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; The former chief executive of Dubai&#8217;s Al Barari property development has struck out on his&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-27469","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-793","jetpack-related-posts":[{"id":165928,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/al-barari-unveils-the-cape-a-development-rooted-in-nature\/","url_meta":{"origin":27469,"position":0},"title":"Al Barari unveils The Cape, a development rooted in nature","date":"November 26, 2025","format":false,"excerpt":"\r Inspired by the purity and elegance of the Cape Jasmine flower, the new development will feature 286 apartments The post Al Barari unveils The Cape, a development rooted in nature appeared first on Arabian Business: Latest News on the Middle East, Real Estate, Finance, and More.\r \r Source :\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"https:\/\/i2.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2025\/11\/Al-Barari-The-Cape-1000x667-1.jpg?fit=1000%2C667&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":139625,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/dubai-real-estate-al-barari-luxury-villa-property-with-private-branded-gym-for-sale\/","url_meta":{"origin":27469,"position":1},"title":"Dubai real estate: Al Barari luxury villa property with private branded gym for sale","date":"October 2, 2023","format":false,"excerpt":"\r The spotlight of this remarkable property is the '1Rebel Home,' a state-of-the-art gym from the globally acclaimed fitness brand, 1Rebel\r \r Source : arabianbusiness.com\r Read more...Dubai real estate: Al Barari luxury villa property with private branded gym for sale","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"https:\/\/i1.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2023\/10\/1Rebel-Home-Dubai-1000x667-1.jpg?fit=1000%2C667&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":139688,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/dubai-real-estate-al-barari-tops-luxury-property-investment-locations-with-400-surge-in-deals\/","url_meta":{"origin":27469,"position":2},"title":"Dubai real estate: Al Barari tops luxury property investment locations with 400% surge in deals","date":"October 2, 2023","format":false,"excerpt":"\r The data reveals a notable 35% upswing in Al Barari\u2019s price per sq ft for 5-bedroom properties\r \r Source : arabianbusiness.com\r Read more...Dubai real estate: Al Barari tops luxury property investment locations with 400% surge in deals","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2023\/10\/Al-Barari-1000x667-1.jpg?fit=1000%2C667&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":416,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/al-barari-sells-75-of-luxury-ashjar-apartments-despite-dubai-slowdown\/","url_meta":{"origin":27469,"position":3},"title":"Al Barari sells 75% of luxury Ashjar apartments despite Dubai slowdown","date":"December 23, 2015","format":false,"excerpt":"\r \r The real estate sector in Dubai may have softened through 2015 but the developer of Dubai\u2019s Al Barari is claiming to have bucked the trend. Al Barari\u2019s Ashjar apartments are 75 per cent sold out with completion of the full development not expected until December 2017. Ashjar means\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":26858,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/river-deep-price-high-at-super-luxury-dubai-villa\/","url_meta":{"origin":27469,"position":4},"title":"River deep, price high at super luxury Dubai villa","date":"September 22, 2016","format":false,"excerpt":"\r This villa may be in Dubai but, for those who have never visited Al Barari - the development just off Sheikh Mohammed Bin Zayed Road - it feels as though you have accidentally traipsed into a lush forest or tropical jungle.Such is the focus on the surrounding greenery that\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":56674,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/video-a-6-5m-eco-friendly-villa-in-al-barari-dubai\/","url_meta":{"origin":27469,"position":5},"title":"Video: A $6.5m eco-friendly villa in Al Barari, Dubai","date":"June 1, 2017","format":false,"excerpt":"\r For families and couples looking to start a family, residential communities score higher than skyscraper apartments. One such family-friendly community in Dubai is Al Barari.\r \r Source : arabianbusiness.com\r Read more...Video: A .5m eco-friendly villa in Al Barari, Dubai","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/27469"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=27469"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/27469\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=27469"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=27469"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=27469"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}