Borrowings (Details) |
12 Months Ended | |||||
|---|---|---|---|---|---|---|
|
Sep. 24, 2020
USD ($)
$ / shares
|
Dec. 31, 2024
USD ($)
|
Dec. 31, 2022
USD ($)
|
Dec. 31, 2022
AED (د.إ)
|
Dec. 31, 2024
AED (د.إ)
|
Dec. 31, 2023
USD ($)
|
|
| Borrowings [Line Items] | ||||||
| Private investors face value | $ 1 | |||||
| Bonds issued | 50,000,000 | |||||
| Proceeds of the bonds | 186,000,000 | |||||
| Bonds transaction costs | 4,000,000 | |||||
| Transferred construction amount | $ 85,000,000 | |||||
| Semi-annual payments | 7,000,000 | |||||
| Bonds repayment amount | $ 144,000,000 | |||||
| Bonds interest rate | 8.50% | |||||
| Assessed value | $ 2,260,336 | $ 5,610,000 | ||||
| Equity ratio | 25.00% | |||||
| Loan facility | د.إ | د.إ 8,730,000 | |||||
| Facility carries interest | 4.00% | |||||
| EIBOR Interest | 6.50% | |||||
| Total mortgage (in Dirhams) | د.إ | د.إ 13,000,000 | |||||
| Term Loan [Member] | ||||||
| Borrowings [Line Items] | ||||||
| Loan facility | $ 2,376,804 | |||||
| Senior Secured Bonds [Member] | ||||||
| Borrowings [Line Items] | ||||||
| Senior secured bonds | $ 200,000,000 | |||||
| Bonds [Member] | ||||||
| Borrowings [Line Items] | ||||||
| Issue price (in Dollars per share) | $ / shares | $ 0.95 | |||||