Turkish investors come to Dubai market

Turkish investors come to Dubai market
Turkish Daily News (subscription) - Ankara,Turkey
With $30-billion investment projects, Damac offers a great amount of profits to investors, added he. "The development of the real estate sector in Dubai ...

Deyaar Lunches Three Residential Towers.

Deyaar launches three tower residential project at DuBiotech
ArabianBusiness.com (press release) - Dubai,Umm al Qaiwain,United Arab Emirates
... Deyaar's projects which enjoy high demand in the secondary market, span prominent locations in Dubai, including Jumeirah Lakes Towers, Dubai Marina, ...

Dhs 40 Billion Spent

Dh40 billion to be spent on transport facility and infrastructure ...(Article Expired)
Emirates Business 24/7 - Dubai,Dubai,United Arab Emirates
Bawadi, a member of Tatweer, has entered into joint venture partnerships with Emaar and Al Ghurair Investments and many more partnerships are planned. ...

GCC & UAE real estate

Saudi, UAE realtors join hands for real estate project in Ajman ...
Gowealthy.com - Dubai,United Arab Emirates
Over Dh15 billion in investments will be ploughed into the Berjal City in Ajman, the new real estate venture partnered by two companies in Saudi Arabia and ...

Dubai-based real estate developer plans low-cost housing projects
Gowealthy.com - Dubai,United Arab Emirates
A leading real estate developer in Dubai, Union Properties, is planning to acquire approximately 60 million Sq ft of land in UAE's commercial capital for ...

UAE RERA

Rera signs agreement with ADCC (Article Expired)
Emirates Business 24/7 - Dubai,Dubai,United Arab Emirates
The Real Estate Regulatory Agency (Rera) has signed an agreement with the Abu Dhabi Chamber of Commerce and Industry to promote the "UAE property market" ...

What is RERA?

The Real Estate Regulatory Agency (RERA) was launched on the 31st of July by His Highness Sheikh Mohammed Bin Rashid Al Maktoum, vice president, prime minister, and the ruler of Dubai. Visit the official government website of Real Estate Regulatory Agency (RERA) for more information.

$150 Million Village Project

Village project will cost $150m
Gulf Daily News - Manama,Bahrain
"The development is to be constructed in Al Qadam area of Bahrain, overlooking Shaikh Khalifa bin Salman Highway, on the way from Seef to Hamad Town," he ...

Gulfnews: Dubai Real Estate

Gulfnews: Sorouh acquires 60 per cent stake in construction firm Pivot
Dubai: Sorouh Real Estate PJSC on Wednesday said it has acquired a 60 per cent stake in Abu Dhabi-based construction company, Pivot Engineering and General ...

UAE and GCC Real Estate News

Zabeel's focus is on US real estate (Article Expired)
Emirates Business 24/7 - Dubai,Dubai,United Arab Emirates
Our focus remains the UAE – mainly Abu Dhabi and Dubai – and the US. I always say this and I continue to say that no matter what other people say, ...

Saudi and UAE firms collaborate on Dh15b Berjal City project
GulfNews - Dubai,United Arab Emirates
... Arabia and the UAE, that is expected to attract nearly 150000 residents. The mixed-use project, launched yesterday by Saudi company Berjal Real Estate ...

Saudi, UAE firms in joint launch
AME Info - United Arab Emirates
Saudi developer Berjal Real Estate and UAE-based Al Rashid Real Estate have announced the launch of Berjal City in the emirate of Ajman. ...

Real Estate and Investment event makes an impact in Ras Al Khaimah
AME Info - United Arab Emirates
He noted that Ras Al Khaimah is fast emerging as one of the most vibrant real estate markets, not only in the UAE but in the entire region. ...

The Best, From the Brightest
Barron's - USA
An oddball play came from Browder of Impala, who called Middle East real-estate outfit Aldar (Aldar.UAE) "the cheapest real-estate developer in the world," ...

UK slump 'to weigh on Dubai property boom'
Gulf Times - Doha,Qatar
Real estate companies have invested heavily in advertising Dubai property in the UK Companies like Damac Properties, the largest privately-owned UAE ...

Daman seeks artworks of Arabian artists for real estate project at ...
Gowealthy.com - Dubai,United Arab Emirates
... for the real estate project in Dubai. The Initiative will support the efforts of DIFC and the Dubai Government to strengthen art's role in the UAE.

Dubai Properties 30th May 2008

Union Properties plans to buy land for low income housing
GulfNews - Dubai,United Arab Emirates
Dubai: Real estate developer Union Properties, which is building F1-themed parks, plans to buy between 40 and 60 million square feet of land in Dubai for ...

Additions To JBR Brings Residential Community Closer To Completion
Dubai City Guide - Dubai,United Arab Emirates
Dubai Properties, a subsidiary of Dubai Properties Group and a member of Dubai Holding, today announced global hospitality brands - Amwaj Rotana Resort, ...

Lulu Island Master Plan

Gulfnews: Sorouh presents Lulu Island master plan
May 14, 2008 ... The online version of UAE based newspaper Gulf News covering breaking news, polls, opinion, pictures, live weather, sport and features from ...

Emaar Property project

Emaar launches Alma Town sales
Daily Times - Lahore,Pakistan
KARACHI: Emaar Pakistan is launching the sale of Alma Townhomes within Canyon Views with on-line registration for customers, commencing from May 25, 2008. ...

Emaar Pakistan to launch sale of Alma Townhomes
GulfNews - Dubai,United Arab Emirates
Islamabad: Emaar Pakistan, the subsidiary of developer Emaar Properties, is launching the sale of Alma Townhomes in Canyon Views with online registration ...

Emaar Pakistan launches on-line registration for Alma Townhomes at ...
AME Info (press release) - United Arab Emirates
Emaar Pakistan, the country subsidiary of global property develop Emaar Properties PJSC, is launching the sale of Alma Townhomes within Canyon Views with ...

Registration for auction of plots and villas in Emaar communities ...
ArabianBusiness.com (press release) - Dubai,Umm al Qaiwain,United Arab Emirates
Emaar Properties is holding an auction of premium plots and villas in its established master-planned communities on May 24, 2008 at The Montgomerie, Dubai. ...

UAE: Ajman Real Estate

Amlak's advance
ArabianBusiness.com - Dubai,Umm al Qaiwain,United Arab Emirates
Both have benefited from the boom in the UAE real estate industry, which has also attracted an increasing number of mortgage players to the market as ...

Manara Ajman to be the tallest tower in Ajman
Gowealthy.com - Dubai,United Arab Emirates
... of more than Dh8 billion, has announced the launch of 'Manara Ajman', the tallest tower in Ajman, one of the fastest growing real estate cities in UAE. ...

Dubai Business Bay KM Properties

KM Properties unveils luxury residence suites within Burj Dubai ...
AME Info (press release) - United Arab Emirates
... launches delivered by KM Properties with Park Lane Hotel and Commercial Tower and the B2B Tower, commercial towers in Business Bay,' added Sanjeet. ...

Al Reem Bahrain

RAK completes utility works at Julfar
Trade Arabia - Manama,Bahrain
The 43-storey RAK Tower is a residential project located within the prestigious Marina Square development in Al Reem Island, Abu Dhabi. ...

Al Reem Island - Wikipedia, the free encyclopedia
Al Reem Island (Arabic: جزيرة الريم) is a residential, commercial and business project on Al Reem Isle, a natural island 600 meters off the coast of Abu ...

New Dubai Real Estate Firm Lunched

Real Estate
A new Dubai-based real estate firm, Property House, was launched on Monday in Dubai, with plans to invest $1bn in residential and commercial projects over ...

Dubai Real Estate New Developments

Dubai Real Estate Corporation Launches 'wasl', an Asset Management ...
Dubai City Guide - Dubai,United Arab Emirates
Dubai Real Estate Corporation (DREC), today announced the establishment of 'wasl', an Asset Management Group to oversee its rapidly expanding asset ...

Dubai World and Thai government sign landbridge agreement
Business Intelligence Middle East (press release) - United Arab Emirates
Dubai World Chairman HE Sultan Ahmed Bin Sulayem today signed an agreement with the Thai Government that could pave the way for a landbridge linking the ...

Changing the Face of Dubai Real Estate

Al Balushi Investment changing face of property market
Times of Oman - Ruwi,Muscat,Oman
Al Balushi Investment LLC manages multimillion worth of real estate projects between Oman and the UAE. The ventures of Al Balushi Investment in Oman and the ...

Firm begins reshaping Dubai's landscape
GulfNews - Dubai,United Arab Emirates
By Saifur Rahman, Business Editor Dubai: Dubai Real Estate Corporation (DREC), an entity established last July to manage a massive Dubai government land ...

Dolphin Towers

Dolphin Towers
The Dolphin Towers offer a spectacular architecture in. the lap of nature. ... the gateway to the metropolitan area, the Dolphin Towers offer the real ...

Al Lissaily

Al Raha beach property sales and rentals
There are also various other areas, each with there individual styles, within Al Raha. These comprise of AL-LISSAILY, AL-RAZEEN and AL-THURAYA. ...

Burj Dubai Mall

Dubai Mall to have leading global brands
GulfNews - Dubai,United Arab Emirates
Dubai: The Dubai Mall, one of the world's largest shopping destinations being developed by Emaar Properties at Downtown Burj Dubai, will have leading global ...

Luxury fashion retailers confirm opening at The Dubai Mall's ...
Dubai City Guide - Dubai,United Arab Emirates
With a gross leasable area of 3.77 million sq ft featuring more than 1200 stores, The Dubai Mall is an integral component of Downtown Burj Dubai, ...

Aldar's Properties - Sukuk

Aldar Properties proposed Sukuk assigned A- senior unsecured debt ...
CPI Financial - Dubai,United Arab Emirates
The corporate credit ratings on Aldar reflect the company's strong market position in the rapidly growing Abu Dhabi property development market, ...

Aldar's proposed AED Sukuk assigned '(P)A3' rating - Moody's
Forbes - NY,USA
The rating action follows Moody's (nyse: MCO - news - people ) announcement on April 17, 2008, that United Arab Emirates-based property developer Aldar ...

ALDAR signs MoU with ARKAN for good real estate prospects in Abu Dhabi
Gowealthy.com - Dubai,United Arab Emirates
ALDAR Properties PJSC, a leading real estate developer in Abu Dhabi, inked a memorandum of understanding (MoU) with ARKAN Building Materials Company PJSC, ...

Aldar's proposed AED Sukuk assigned '(P)A3
Hemscott - London,UK
The rating action follows Moody's announcement on April 17, 2008, that United Arab Emirates-based property developer Aldar Properties PJS Chad been assigned ...

Losses on the ADX from past week top 120 points(Article Expired)
Emirates Business 24/7 - Dubai,Dubai,United Arab Emirates
However, this simply has not happened, with the likes of Aldar Properties among the worst performers this week. Aldar declined again yesterday, ...

Al Seef Tower

Construction of tallest tower in Bahrain put
SteelGuru - Gurgaon,Haryana,India
... Al Khaleej Development Company had been granted initial approval from the Manama Municipal Council to build the 72 storey tower in Bahrain's Seef ...

Nakheel Alert

Azizi plans Dh3.5b projects in Dubai
GulfNews - Dubai,United Arab Emirates
Azizi has confirmed that negotiations for further plots on the Palm Jebel Ali are underway with site developers Nakheel. Azizi confirmed the acquisition of ...

The World's first man-made snorkeling lagoon - Dubai
DeeperBlue.net - UK
A snorkelling lagoon with coral reefs and marine life with the built at the Oqyana World First project on Nakheel's offshore development The World. ...

VC Bank to develop Dh1.5b resort on Nakheel's The World
Middle East North Africa Financial Network - Amman,Jordan
AbdulLatif Al Janahi Board Member and CEO of VC Bank commented "It is an honor to be amongst the elite investors chosen to invest in Nakheel's one of a kind ...

Luxury resort coming up on The World, Dubai
Gowealthy.com - Dubai,United Arab Emirates
... has formed World Development Company Limited to develop a luxury resort on The World, an exclusive real estate project by Nakheel in Dubai. ...

VC Bank to develop Dhs1.5 bn resort in Nakheel's The World project
AME Info (press release) - United Arab Emirates
Mr. AbdulLatif Al Janahi Board Member & CEO of VC Bank commented "It is an honor to be amongst the elite investors chosen to invest in Nakheel's one of a ...

Master plan ready for Oqyana World (Article Expired)
Emirates Business 24/7 - Dubai,Dubai,United Arab Emirates
The Dh18.35 billion Oqyana World First development off the coast of Dubai will comprise 22 islands in the Australia and New Zealand portions of Nakheel's ...

VC Bank to develop $408m resort on The World
Trade Arabia - Manama,Bahrain
AbdulLatif Al Janahi, board member and CEO of VC Bank, said: "It is an honour to be amongst the elite investors chosen to invest in Nakheel's one of a kind ...

Stop road developments
The National - Abu Dhabi,United Arab Emirates
There was a similar incident last year, where Al Nakheel wanted to vacate some of the residents at the Gardens to demolish their houses and build roads. ...

Middle East-based multinationals set to take on giants (Article Expired)
Emirates Business 24/7 - Dubai,Dubai,United Arab Emirates
However, that is changing and the vanguard is led by Dubai's premier companies: Emirates, Jumeirah, DP World, Emaar, Nakheel and Etisalat. ...

Nakheel unveils 'Badrah' district within Waterfront (Article Expired)
Emirates Business 24/7 - Dubai,Dubai,United Arab Emirates
Nakheel, the real estate arm of Dubai World, yesterday unveiled Badrah, the second residential district within Waterfront, following the successful launch ...

Nakhel News

Dewa plans local currency sukuk issue
MEED - Dubai,United Arab Emirates
The emirate of Ras al-Khaimah recently priced a AED1bn ($272m) sukuk at the Emirates interbank offered rate (Eibor) plus 115 basis points, while a sukuk by ...

Record sales continue at Nakheel's Al Furjan
ArabianBusiness.com (press release) - Dubai,Umm al Qaiwain,United Arab Emirates
... desirability and quality that the market has come to view as synonymous with Nakheel's developments. The momentum of sales for Al Furjan is excellent, ...

Gulf borrowers look to UAE dirham bond mart
Gulf Times - Doha,Qatar
... the government of Ras Al Khaimah, which raised 1.0bn dirhams ($272.3mn) from the sale of its debut sukuk, and Dubai-based property developer Nakheel, ...

Bank sets up firm to develop resort
Gulf Daily News - Manama,Bahrain
... the elite investors chosen to invest in Nakheel's one of a kind project," said VC Bank board member and chief executive officer Abdul Latif Al Janahi. ...

Nakheel launches Al Hejaz
Trade Arabia - Manama,Bahrain
Nakheel has launched Al Hejaz, the third style of home available in the first phase of family-oriented residential community - Al Furjan. ...

Emaar Companies' News

Emaar launches 5-star hotel brand 'The Address'
Express Hotelier - Mumbai,India
Emaar Hospitality Group has revealed plans to launch and operate its own five-star premium global brand of world-class hotels and resorts under the brand ...

KSA- Emaar signs accord with Cisco
Middle East North Africa Financial Network - Amman,Jordan
(MENAFN - Arab News) Emaar, The Economic City (Emaar.EC) and Cisco have come together as part of a new educational and training initiative. ...

UAE shares advance led by Emaar and Emirates NBD
GulfNews - Dubai,United Arab Emirates
Dubai: UAE shares advanced, led by Emirates NBD PJSC, the country's biggest bank by assets, and Emaar Properties PJSC. Doha's index fell. ...

Dubai Real Estate News

Indian Builder Provides Real Estate in Dubai
Live-PR.com (Pressemitteilung) - Wein,Austria
"Indians go back to Dubai instead of Bombay where real estate is more expensive," she said. Real estate in Dubai offers an excellent investment choice with ...

UAE Real Estate Market

UAE's buoyant real estate market helps mortgage assets to double
Vista Dubai - Leeds,England,UK
The housing mortgage assets are expected to double, courtesy the robust growth of UAE's real estate market, to Dh64 billion by 2011 from Dh32 billion in ...

Gulf real estate firms to implement $1.7 bln projects in Yemen
Yemen News Agency - Yemen
"The second real estate company will be set up by Yemen and the UAE Holding Company to carry out a tourist and real estate project at the cost of $500 ...

Dubai regulator seeks slowdown in $300bn realty bazar
Gulf Times - Doha,Qatar
Sales and rental prices in the emirate are buoyant and Dubai expects to attract 184bn UAE dirhams ($50.1bn) in real estate investment by 2010 but concern is ...

Capital City District to redefine Abu Dhabi real estate sector
Gowealthy.com - Dubai,United Arab Emirates
During the four day event in Abu Dhabi it is estimated that billions of dirhams worth of real estate deals were done. Abu Dhabi National Exhibitions Company ...

Perot homes in on Abu Dhabi
The National - Abu Dhabi,United Arab Emirates
Hillwood is partnering on the project with locally owned CBD Properties and Pramerica Real Estate Investors, the property investment arm of Prudential ...

Real estate to see US$ 12-bn PE funds
Express Hotelier - Mumbai,India
Further, Sridharan also informed that Dish Hospitality is planning to foray into the international markets such as Europe and UAE in order to set up luxury ...

St Regis at Saadiyat Island

St Regis to open in Abu Dhabi @ Saadiyat Island
Luxury Travel magazine - London,UK
St. Regis Hotel & Residences Saadiyat Island, Abu Dhabi, will open in the last quarter of 2009. The 380-room hotel will be in the Saadiyat Beach district, ...

Cantina Laredo Open at Dubai Marina

Consolidated Restaurant Operations Opens First Cantina Laredo and ...
PR Newswire (press release) - New York,NY,USA
... Beach Residence in Dubai, the world's largest single-phase mixed use development with 25000 residents in 40 towers along the prestigious Dubai Marina. ...

Shams Abu Dhabi

Hill wins contract extension in United Arab Emirates
Philadelphia Inquirer - Philadelphia,PA,USA
The Shams Abu Dhabi development in the Arabian Gulf is designed as a self-contained residential and commercial community for 55000 residents just off Abu ...

Lulu Island

Sorouh unveils plans for Lulu Island at Cityscape Abu Dhabi ...
Sorouh Real Estate PJSC, one of Abu Dhabi's leading real estate developers, today at Cityscape Abu Dhabi unveiled to the public for the first time its giant ...

Jumeirah Beach Residence

Consolidated Restaurant Operations Opens First Cantina Laredo and ...
PR Newswire (press release) - New York,NY,USA
El Chico opened at Jumeirah Beach Residence in Dubai, the world's largest single-phase mixed use development with 25000 residents in 40 towers along the ...

Damac

UAE mortgage assets set to touch Dh64b by 2011
GulfNews - Dubai,United Arab Emirates
... real interest rates, and higher tourism receipts," said Hany Hussain, head of research, and Hany Seif, sector analyst, at Damac Capital International. ...

DAMAC appoints Arabtec as main contactor for a realty project in ...
Gowealthy.com - Dubai,United Arab Emirates
DAMAC Properties, a leading private master developer in the UAE, has appointed Arabtec/EEC JV Construction as main contractor for its "Business Heights" ...

Damac completes and delivers Lake Terrace
GulfNews - Dubai,United Arab Emirates
By Suzanne Fenton, Staff Reporter Dubai: Dubai developer, Damac, yesterday announced the completion and delivery of 572 units in its Lake Terrace project at ...

Damac to deliver 2300 units this year
Trade Arabia - Manama,Bahrain
Damac Properties, a major private sector master developer in the region, plans to deliver over 2300 units in 2008, followed by an additional 7100 units in ...

Al Habtoor wins Damac contract | Real Estate
Damac Properties announced it has awarded a Dhs13.5m enabling contracts for its Park Central and Capital Bay projects to Al Habtoor Engineering Enterprises.

UAE/Ajman New Real Estate Facility

Danube invests AED 50 million in a new facility in Ajman
Al-Bawaba - Amman,Jordan
... high-end commercial projects and budget residential houses strengthening its repute as the newest real estate destination in the UAE. ...

Middle East Economic Digest

Middle East Economic Digest: MEED
Bidders line up for $2bn Qatar-Bahrain causeway Dubai to start work on ... KUWAIT TENDER: Transformer station construction OMAN TENDER: Sewage network ...

Emirates Hills Auction

Emaar Properties is holding an auction of premium plots and villas ...
AME Info - United Arab Emirates
Customers can register interest for participation in the auction for plots in Emirates Hills and Golf Homes in Arabian Ranches, until 6pm on May 23. ...

Platinum Tower Al Seef - Bahrain

Bahrain- BSE seals deal with Pegasus Real Estate
Middle East North Africa Financial Network - Amman,Jordan
... our current freehold projects consisting of Abraj Al Lulu Project, Platinum Tower in Seef and Crystal Heights Project in Juffair," said Al-Mannai.

Platinum Tower financing deal signed
Gulf Daily News - Manama,Bahrain
The Tower will house 128 offices across 29 floors and is located in the heart of the Seef District. From a financing perspective, Reef will offer ...

Nakheel's: Dubai Waterfront - Badrah

Last call for the Dubai waterfront
Easier (press release) - Chester,UK
Until now the Dubai government had reserved all Dubai waterfront land for its own developments, but now for the first time, prime beachfront real estate has ...

Zero tolerance in Dubai
Irish Independent - Dublin,Ireland
Until now, the Dubai government had reserved all Dubai waterfront land for its own developments. Dubai Waterfront is the first time prime beachfront real ...

Nakheel announces new residential district, Badrah on Dubai Waterfront
Gowealthy.com - Dubai,United Arab Emirates
Nakheel, a Dubai World company known for its innovative real estate concepts, has unveiled a second residential district, 'Badrah' on Dubai Waterfront. ...

New Dubai And UAE Project Contracts

aed 3.35 billion construction contract for dubai trade centre ...
Al-Bawaba - Amman,Jordan
DTCD is a truly remarkable project that will create a bold new business landmark at the heart of the UAE, and we are very proud to be involved in its ...

Zabeel Properties to develop food and entertainment venue, Tiara ...
Al-Bawaba - Amman,Jordan
The project promises to become one of the world's most exciting entertainment and leisure destinations adding a distinctive new dimension to Dubai and ...

UAE's Bonyan Group unveils Eye of Ajman project
Middle East North Africa Financial Network - Amman,Jordan
... the new project after achieving 70 percent sales during the first day of the event and following an initial road show held earlier in the week in Dubai. ...

Launch of $200million Eclipse Tower in Dubai Jumeirah Village
Vista Dubai - Leeds,England,UK
The project also introduces another new concept in Dubai, wherein, the moment investors buy an office in the tower, they will be able to move into a fully ...

Turnberry set for makeover after £55m sale
Times Online - UK
Leisurecorp's $7 billion (£3.5 billion) of developments include Jumeirah Golf Estates, an exclusive residential project in Dubai set around four ...

Raha Beach

Construction starts on Abu Dhabi's Strata Tower
Building.co.- UK
The 160m residential tower will be the tallest building on Aldar Properties' Al Raha Beach development under construction by Laing O'Rourke. ...

Abu Dhabi Real Estate Rivals Dubai

Cityscape Abu Dhabi rivals Dubai with deals worth US$36 billion
Mena Report - Amman,Jordan
New records were set on a daily basis at this year's Cityscape Abu Dhabi – the real estate development and investment event of the capital of the United ...

Emaar

Big Gulf projects in N.Africa slow to get off ground
Reuters - USA
UAE firm Emaar's EMAR.DU plan to transform Rabat's tatty Atlantic shoreline is over two years old but the only obvious signs of progress are a patch of ...

Dubai Real Estate Announcements

Dubai World may invest in Thailand's real estate and transport systems
International Herald Tribune - France
Dubai World, an investment company owned by the emirate's government, may invest in Thailand's infrastructure and real estate to tap growth in the Southeast ...

Dubai Real Estate Institute announces executive programme on ...
Select Property - Manchester,UK
The Dubai Real Estate Institute, the first specialised academic real-estate institution in the region, has announced it will offer an executive programme on ...

Leading real estate developer buys land at Palm Jebel Ali and ...
Gowealthy.com - Dubai,United Arab Emirates
AZIZI Investments, the Dubai-based real estate developer, has purchased 920000 sq ft of land worth Dh3.5 billion at The Palm Jebel Ali and Dubai World ...

Sorouh Real Estate acquires stake in Abu Dhabi construction firm
Gowealthy.com - Dubai,United Arab Emirates
Sorouh Real Estate PJSC, one of Abu Dhabi's leading real estate developers, has announced the acquisition of a 60% stake in Pivot Engineering and General ...

Various Real Estate News From UAE

Volume of the Real Estate Financing Doubles in the UAE
Voltaire Network - Saint-Denis,France
"Damac Capital " company has expected the volume of investment at the real estate financing market in the UAE to double by 2011 , to reach 64 billion Dirham ...

DREI announces executive programme on Real Estate Ecology & Green ...
AME Info (press release) - United Arab Emirates
... will share his rich knowledge of domestic real estate markets. As the CEO of Green Destinations, a Swiss-UAE project management company based in Dubai, ...

HCT to Establish Chair - "ALDAR Dean of Business Studies"
Al-Bawaba - Amman,Jordan
Under an agreement signed today, ALDAR will also sponsor five UAE nationals in HCT's real estate management programme. Signalling a new partnership between ...

Residential and commercial buildings at Julfar Towers in Ras Al ...
Gowealthy.com - Dubai,United Arab Emirates
RAK Properties, the most prominent real estate developer in Ras Al Khaimah, UAE, has announced the completion of all construction works of the 3-level ...

World Island

Al-Duaa and A&A Launch Their AED240 Million Residential Project ...
Al-Bawaba - Amman,Jordan
Al-Duaa plans to launch its ambitious project (Al-Dua'a World Islands) on the World Island in September 2008. The project is being uniquely designed to ...

Etihad Airways opens new business lounge
Khaleej Times - Dubai,United Arab Emirates
Al Duaa plans to launch its ambitious project (Al Duaa World Islands) on the World Island in September 2008. DUBAI — Deutsche Messe Dubai yesterday launched ...

Al Duaa unveils Dh240m residential project
GulfNews - Dubai,United Arab Emirates
Al Duaa also has plans to launch Al Duaa World Islands on the World in September. The mixed-use development is valued at approximately Dh2 billion and will ...

Future looks bright for Dutch dredger Boskalis
guardian - UK
... of the Netherlands along with Jan de Nul and DEME of Belgium as well as Boskalis -- have helped build facilities such as Dubai's Palm and World islands. ...

Deyaar

Merrill downgrades DIB citing Deyaar
GulfNews - Dubai,United Arab Emirates
"We are downgrading DIB due to our concerns about an embezzlement case at its real estate associate Deyaar, which it owns 41 per cent of," Merrill Lynch ...

Deyaar saga to go all the way to court
ArabianBusiness.com - Dubai,Umm al Qaiwain,United Arab Emirates
by Amy Glass on Monday, 19 May 2008 COURT DATE: The case against Shahin and other Deyaar employees is likely to go all the way to court, Al-Shaikh said. ...

Amlak, Etisalat, Batelco, Jazeera Airways: Gulf Equity Preview
Bloomberg - USA
Deyaar Development (DEYAAR UH): Dubai's Public Prosecution is likely to prosecute Deyaar's former Chief Executive Officer Zack Shahin for fraud, ...

Dubai could prosecute Deyaar former CEO
GulfNews - Dubai,United Arab Emirates
Dubai: The Dubai Public Prosecution, which is probing Deyaar Development's former chief executive officer for fraud, is likely to take the case to court, ...

Arabtec Contract on Saadiyat Island

UAE - TDIC inks Dh2b realty contract with Arabtec
Middle East North Africa Financial Network - Amman,Jordan
... development and construction of phase one of the exclusive Saadiyat Beach Residences community on Saadiyat Island, offshore Abu Dhabi city. ...

TDIC to build village for 20000 workers
The National - Abu Dhabi,United Arab Emirates
ABU DHABI // The Tourism Development and Investment Company (TDIC) will spend Dh700 million (US$190m) developing its workers' village on Saadiyat Island. ...

TDIC signs Saadiyat villas deal
AME Info - United Arab Emirates
The Tourism Development & Investment Company in Abu Dhabi has signed a Dhs2bn deal with Arabtec for construction of villas on Saadiyat Island. ...

Tameer

Al Salam City put on hold (Article Expired)
Emirates Business 24/7 - Dubai,Dubai,United Arab Emirates
Al Salam City, a Dh30 billion project launched by Dubai-based real estate developer Tameer Holding in Umm Al Quwain (UAQ) has been put on hold, according to ...

BIsB signs $32m murabaha deal (Article Expired)
Gulf Daily News - Manama,Bahrain
The agreement was signed on behalf of BIsB by general manager corporate banking Nadir Mohammed Ibrahim and Tameer by vice-chairman and managing director ...

Burj Dubai News

The world's biggest mall to open in Dubai
Select Property - Manchester,UK
The Dubai Mall will launch at the end of August at the Downtown Burj Dubai development. Stores opening at the mall include Harvey Nichols, H&M, ...

UAE's Emaar to construct low-cost housing units
Middle East North Africa Financial Network - Amman,Jordan
... considering a development in Jakarta for a self-contained district around a skyscraper, mirroring the residential and commercial zone around Burj Dubai.

Emaar reveals social housing drive
ArabianBusiness.com - Dubai,Umm al Qaiwain,United Arab Emirates
The move is a shift in strategy for Emaar, which has so far concentrated on luxury projects such as the exclusive $20 billion Downtown Burj Dubai ...

Burj birdman
7DAYS - Dubai,United Arab Emirates
By Ali Al-Shouk A British man has leapt from the Burj Dubai to successfully complete the world's highest BASE jump from a building - and promptly landed ...

Dubai to open world's biggest shopping mall
Opodo - London,UK
The centre will be located in one of the emirate's most significant developments, Downtown Burj Dubai, which will also soon be home to the world's tallest ...

Dubai prepares for world's biggest mall
Just the Flight - Guernsey,UK
Located at the Downtown Burj Dubai development - which will also include the world's tallest building - the mall will house stores such as Harvey Nichols, ...

94th floor Burj Dubai sold for $12 million
Vista Dubai - Leeds,England,UK
Having reached 158 floors and still growing, the world's tallest skyscraper, Burj Dubai has sold 11000 sq ft of office space on the 94th floor to a European ...

Taller, sleeker, greener – future of tall towers to be revealed at ...
AME Info (press release) - United Arab Emirates
Current projects under way or planned include the Burj Dubai, currently holding the record as the world's tallest building, Nakheel's Tall Tower project, ...

Making their mark
Calgary Herald - AB, Canada
Consultants International Limited, which is involved with the construction administration and project execution of Burj Dubai -- the tallest structure in ...

Engineer's career reaches dizzy heights
New Zealand Herald - New Zealand
The Kiwi is in charge of building Burj Dubai, the world's tallest building, in the frantic heart of the United Arab Emirates. This Middle Eastern monster ...

Shams Abu Dhabi

Hill International Receives Two-Year Extension of its Contract to ...
Business Wire (press release) - San Francisco,CA,USA
Shams Abu Dhabi on Al Reem Island is a landmark development within Abu Dhabi in the United Arab Emirates. Close to the city yet offering a self-contained ...

Sorouh acquires stake in LLJ Property
GulfNews - Dubai,United Arab Emirates
Sorouh has projects worth more than Dh45 billion under development, including Shams Abu Dhabi, Al Ghadeer and Saraya. The company last week unveiled the ...

Dubai Marina News

Al-Duaa and A&A launch their AED240 million residential project ...
ArabianBusiness.com (press release) - Dubai,Umm al Qaiwain,United Arab Emirates
... retail space with ample parking and access to all the major hotspots in Dubai like the Dubai Marina, Dubai Internet City (DIC) and Dubai Sports City. ...

Alec wins Dubai trade centre bid
The National - Abu Dhabi,United Arab Emirates
... build the Qasr Al Sarab Desert Resort and Spa in Liwa, Abu Dhabi, along with a Dh646m extension to its original contract at Dubai Marina Mall and Hotel.

Emaar Hospitality Group plans to enter timeshare market
AME Info - United Arab Emirates
... assets such as hotels, serviced residences, golf resorts, polo and equestrian club, recreation clubs, and the Dubai Marina Yacht Club and Marinas.

Emaar 'redefines waterfront living'
Trade Arabia - Manama,Bahrain
Emaar Properties has added a new lifestyle destination to the city with Dubai Marina, the company said in a statement. Dubai Marina, the first and largest ...

Abu Dhabi Opens Investments on Saadiyat Island

UAE enjoys strong relations with France
GulfNews - Dubai,United Arab Emirates
The 24000-square-metre branch of the famous Paris museum is expected to open in 2012 as part of Saadiyat Island's Cultural District project. ...

UAE- TDIC, Arabtec ink MoU on Saadiyat Beach
Middle East North Africa Financial Network - Amman,Jordan
He said that the agreement is for the development and construction of the initial phase of the Saadiyat Beach Residences community on Saadiyat Island near ...

Abu Dhabi opens investment doors
The Financial Standard - Sydney,NSW,Australia
Expected to contain both businesses and homes, the city's biggest island development, the $27 billion, 27 square-kilometre Saadiyat is also expected to ...

Persian Gulf Shares Gain, Led by Al Khaliji, Al-Babtain Power
Bloomberg - USA
The builder of the world's tallest tower, which is in Dubai, won a 2 billion-dirham contract to build villas and town houses on Abu Dhabi's Saadiyat island. ...

TDIC plans Grade 'A' construction village for Saadiyat Island
ArabianBusiness.com (press release) - Dubai,Umm al Qaiwain,United Arab Emirates
The village will house workers of TDIC contractors employed on Saadiyat Island. Covering 40 hectares, the site is large enough to house a village for 20000 ...

TDIC and Arabtec sign deal on Saadiyat Beach
GulfNews - Dubai,United Arab Emirates
... (MoU) with Arabtec Construction for the design, development and construction of phase one of the Saadiyat Beach Residences community on Saadiyat Island. ...

Dh2b construction MOU for Saadiyat residences signed
GulfNews - Dubai,United Arab Emirates
Dubai: A memorandum of understanding has been signed for the Dh2 billion construction of phase one of the Saadiyat Beach Residences on Saadiyat Island off ...

Gulfnews: TDIC's investment at Saadiyat Island stands at Dh10b
Feb 29, 2008 ... The total estimated cost of developing Saadiyat Island is Dh100 billion. TDIC previously said it could invest as much as Dh40 billion in the ...

Al Seef

Century Homes wooing buyers
Gulf Weekly - Manama,Bahrain
The luxury 20-storey tower is nestled in the Seef District close to Dana, Seef, A'Ali malls and is just a short drive away from the City Centre development ...

Tallest tower plan delayed
Gulf Daily News - Manama,Bahrain
Permission to build the 72-storey tower in the Seef District was stalled yesterday when it emerged the project was based on a 2005 plan. ...

Bahrain agency to sell its assets, invest abroad
Gulf Times - Doha,Qatar
The country last year did offer shares in Seef Properties, owner of the island's largest mall, in an IPO. Loss-making national carrier Gulf Air has said its ...

Era Projects signs major tower deal
Gulf Weekly - Manama,Bahrain
The 50-storey complex is situated in the plush part of the Seef District. It will be in close proximity to major bank headquarters, financial institutions, ...

Construction of Bahrain's tallest tower hit by delay
ArabianBusiness.com - Dubai,Umm al Qaiwain,United Arab Emirates
The developers, Al Khaleej Development Company (Tameer), had been granted initial approval from the Manama Municipal Council to build the 72-storey tower in ...

UAE Real Estate 22 May 2008

Real estate developments worth Dh1 trillion are underway in Abu ...
Gowealthy.com - Dubai,United Arab Emirates
The real estate developments in Abu Dhabi are in excess of Dh1 trillion and there is need to regulate the real estate development activities in the emirate. ...

UAE, Libya team up to develop real estate and tourism projects
Gowealthy.com - Dubai,United Arab Emirates
A pact was signed to establish the Libyan-Emirati Holding Company (LEHC) at a total capital of $600 million (Dh2.2 billion) that would focus on developing ...

UAE - 2nd RAK Real Estate & Investment Show launches in May 22
Middle East North Africa Financial Network - Amman,Jordan
(MENAFN Press) Electro Med, a leading exhibition and events management company, has announced that it has gathered the region's leading developers, ...

New Project Dubai: Master Of the Universe

Highway project could face cost overruns
GulfNews - Dubai,United Arab Emirates
"The contractor hasn't submitted any bills new yet. But, I am sure there will be cost overruns, with the increases in the price of building materials ...

Dubai developers are the masters of The Universe
The Australian - Sydney,Australia
... new office and apartment towers, Nakheel, the property behemoth owned by the Dubai ruling family-owned, undertaking the massive land reclamation project ...

100000 Dubai residents face eviction
ArabianBusiness.com - Dubai,Umm al Qaiwain,United Arab Emirates
by David Westley on Tuesday, 20 May 2008 FACING EVICTION: Thousands of Satwa residents will be forced to find new homes as large parts of the area are ...

UAE Real Estate: IPO and JV

Sorouh Real Estate forms joint venture with Abu Dhabi based real ...
Gowealthy.com - Dubai,United Arab Emirates
... the acquisition of a strategic shareholding in LLJ Property LLC, major real estate agency based in UAE capital through share transfer transaction. ...

Jordinvest Concludes IPO Preparations
Al-Bawaba - Amman,Jordan
... Amlak Finance – UAE, Global Investment House, Taameer Jordan and Al Masaken Real Estate Development Company, the company was established in accordance ...

Palm Island

German island sees hope in Dubai
The National - Abu Dhabi,United Arab Emirates
Mr Maydell said Van Oord, a Dutch company that is building the artificial Palm Islands in Dubai, the largest land-reclamation project in the world, ...

Expect the unexpected
ArabianBusiness.com - Dubai,Umm al Qaiwain,United Arab Emirates
Subsequent strong sales of development sites on The World and Palm Islands has vindicated the faith of the islands' builders and reinforced Arabian Travel ...

UAE Real Estate 17 May 2008

Al Gharbia set to become a real estate hotspot (Article Expired)
Emirates Business 24/7 - Dubai,Dubai,United Arab Emirates
The untapped and little explored area covers 60000 square kilometres – equal to 71 per cent of the total landmass of the UAE. Developers are starting to ...

Electro Med Launches 2nd Ras Al Khaimah Real Estate & Investment Show (Article Expired)
Middle East Events (press release) - Dubai,United Arab Emirates
Ras Al Khaimah, UAE - May 19, 2008: Electro Med, a leading exhibition and events management company, has today (Monday, May 19, 2008) launched the 2nd Ras ...

UAE mortgages will double to Dh64bn in 2011 (Article Expired)
Emirates Business 24/7 - Dubai,Dubai,United Arab Emirates
"The resulting increase in the demand for real estate will prolong the current property boom." Damac said 60 to 70 per cent of mortgages in Dubai are taken ...

Property House aims to be one of top five realty firms
GulfNews - Dubai,United Arab Emirates
By Suzanne Fenton, Staff Reporter Dubai: A new global real estate firm, Property House, was launched on Monday in Dubai, aiming to be one of the top five ...

US$1 billion 'Property House' launched
ArabianBusiness.com (press release) - Dubai,Umm al Qaiwain,United Arab Emirates
... real estate and property management company, was launched today by Muhammad Nazir, a leading businessman with diverse investment interests in the UAE, ...

Lulu Island

Quality of completion a critical risk factor for Gulf developers ...
ArabianBusiness.com (press release) - Dubai,Umm al Qaiwain,United Arab Emirates
The conference was accompanying the Cityscape Abu Dhabi exhibition, at which Sorouh unveiled the initial master-plan for Lulu Island, an island long close ...

Al Qudra and Sorouh to expand global portfolios (Article Expired)
Emirates Business 24/7 - Dubai,Dubai,United Arab Emirates
The two projects will be developed by Sorouh, which currently has $17bn (Dh62.3bn) worth of projects, excluding Abu Dhabi's Lulu Island, Egypt and Morocco.

Al Gurm Villas

Al Gurm Villas
Al Gurm Villas. Abu Dhabi, United Arab Emirates. The project consists of a high quality gated waterfront development. The project is located along the ...

Arabian Ranches

UAE's Emaar launches new project
Middle East North Africa Financial Network - Amman,Jordan
... by Emaar Properties showed that the real estate developer has unveiled luxury-style Golf Homes, a limited collection of homes in Arabian Ranches. ...

Emaar Properties has unveiled luxury-style Golf Homes, a limited ...
AME Info (press release) - United Arab Emirates
Apart from the location advantage of being part of the Arabian Ranches Golf Course, the homes also provide residents easy access to a diverse range of ...

Emaar auctions Ranches Golf Homes
AME Info - United Arab Emirates
Emaar is auctioning 18 homes next to the golf course in Arabian Ranches on 24 May. Golf Homes are its luxury villas designed in three styles. ...

Emaar and Bawadi to launch Teema town homes
AME Info (press release) - United Arab Emirates
Emaar's property roster includes the established Arabian Ranches, Emirates Living and Dubai Marina communities, and the flagship Downtown Burj Dubai, ...

Dubai Properties and BoB MoU

BoB signs MoU with Dubai Properties
Trade Arabia - Manama,Bahrain
India's Bank of Baroda (BoB) has entered into a memorandum of understanding (MoU) with Dubai Properties. Under the agreement, the bank will provide home ...

Haz Tower impasse set to end as Damac and Al Zarooni near pact
GulfNews - Dubai,United Arab Emirates
The Haz towers project was launched July 8, 2007, after Damac bought it from Dubai Properties before selling it on to Hilal Al Zarooni. ...

Bank of Baroda signs MoU with Dubai Properties
TopNews - Noida,Uttar Pradesh,India
... (MoU) with Dubai-based real estate company Dubai Properties for financing buyers of the latter's products in the United Arab Emirates (UAE). ...

Noura Al-Nowais to Manage Real Estate Investment

Noura Al-Nowais first UAE lady to manage real estate investment ...
ArabianBusiness.com (press release) - Dubai,Umm al Qaiwain,United Arab Emirates
The tower was announced for free hold sale for the first time in the Commercial City in Dubai. With two floors dedicated as office space and commercial ...

Real Estate: Al Raha

Cityscape rings up sales worth Dh20bn (Article Expired)
Emirates Business 24/7 - Dubai,Dubai,United Arab Emirates
An official from Aldar, one of the largest property developers in the Middle East, said sales included units from Al Dana twin towers at Al Raha beach at ...

Al Reem Project

Transactions of multi billion dollars take place at Cityscape Abu Dhabi ...
AME Info (press release) - United Arab Emirates
... where the two groundbreaking tower projects, under development on Al Reem Island, Abu Dhabi, piqued the interest of investors, buyers and visitors alike ...

News: BAYAN Disclosures
BAYAN: Sold the first phase of the company's real state development project in Al-Reem Island in Abu Dhabi. Read more abour Al-Reem Project

Raha Beach

Major projects unveiled at Cityscape Abu Dhabi (Al-Raha Beach) 
AME Info - United Arab Emirates
In the retail area of the Al Raha Beach development, Plus Properties showcased its Blue Dolphin Centre, one of the first freehold office and retail centres ...

Al Raha Beach
Al Raha Beach, the Ultimate Waterfront City is undeniably the most sought-after address, designed to offer you a vibrant lifestyle within a master-planned ...

Hotel review: Al Raha Beach Hotel, Abu Dhabi - Travel ...
The Al Raha is definitely a hotel to consider for those wishing to mix business with pleasure.

Gulfnews: Aldar's Al Raha Beach project reaches a major milestone
Feb 10, 2008 ... Abu Dhabi: Abu Dhabi-based property developer Aldar has reached a major milestone on the Al Raha Beach development. The eastern precinct is ...

World Island

Kuwait Dar affiliate plans Dubai World islands sale
Arab Times - Kuwait
KUWAIT CITY (RTRS): Kuwait real estate firm Oqyana, an affiliate of sharia-compliant Investment Dar, said on Tuesday it would start selling property in ...

Malaysian resort planned on The World
ArabianBusiness.com - Dubai,Umm al Qaiwain,United Arab Emirates
Some of The World islands represent countries, while others represent cities. Nakheel, part of state-owned conglomerate Dubai World, has remained ...

ART Marine sets up an office and operations in Qatar with the NBK ...
AME Info (press release) - United Arab Emirates
... team building trips, sight-seeing trips to the Jumeirah Palm and the World islands, and many more pleasurable and memorable sightseeing cruises, ...

Dubai Properties 21 May 2008

Dubai based master developer wins UK property award
AME Info - United Arab Emirates
Dubai Properties has been instrumental in adding to the real estate diversity of Dubai with niche projects such as Business Bay, Jumeirah Beach Residence ...

Reem Island

Top 10 Abu Dhabi projects are worth USD 190
SteelGuru - Gurgaon,Haryana,India
Al Reem Island development is a USD 7.8 billion mixed use community next to the bridge connecting Al Reem Island to Abu Dhabi city. ...

Capital's Al Odaid studying share sale plan (Article Expired)
Emirates Business 24/7 - Dubai,Dubai,United Arab Emirates
At Cityscape, he said, the company launched eight towers at Al Reem Island worth Dh7bn, containing some 2400 residential and commercial units, ...

Hydra Properties launches Hydra Avenue Towers and Hydra 55 Towers ...
AME Info - United Arab Emirates
Hydra 55 Towers will redefine the skyscape of the Al Reem Island as they are designed to lord over 55 stories in an effort to provide an indelible touch of ...

Ministry: property values could fall
The National - Abu Dhabi,United Arab Emirates
Raha Beach and Reem Island account for more than half of the total, with a further 43500 units to become available on the higher priced Saadiyat Island. ...

Sorouh Real Estate PJSC acquires strategic shareholding in LLJ ...
AME Info - United Arab Emirates
SHAMS Abu Dhabi, our flagship project, is the Dhs25bn landmark development on Al Reem Island. Home to 45000 residents, SHAMS Abu Dhabi will be a completely ...

Reem Developers to enter Subcontinent (Article Expired)
Emirates Business 24/7 - Dubai,Dubai,United Arab Emirates
He also spoke about the company's Abu Dhabi projects, Najmat Abu Dhabi on Reem Island and Rawdhat Abu Dhabi on Airport Road near the Bateen Airbase. ...

Reem to spend Dh2b over two years on projects
GulfNews - Dubai,United Arab Emirates
Najmat is being built on Abu Dhabi's Al Reem Island. The estimated Dh30 billion project will occupy approximately 20 per cent of the island, occupying 16 ...

$190 billion projects on show at expo
Gulf Daily News - Manama,Bahrain
... Beach Complex ($13bn), Ghantoot Green City ($10bn), Al Reem Island ($7.8bn), Shaikh Mohammed Bin Zayed City ($6.5bn) and Abu Dhabi Light Rail ($3bn). ...

Top ten Abu Dhabi projects alone worth US$190 billion
Business Intelligence Middle East (press release) - United Arab Emirates
Al-Reem Island development is a US$7.8 billion mixed-use community next to the bridge connecting Al-Reem Island to Abu Dhabi city. Several 40- and 50-storey ...

Work progressing well on Reem Island in Abu Dhabi
Work on Reem Island, the landmark waterfront residential, commercial and business project currently being built on a natural Island, located just off the ...

Najmat Abu Dhabi At Reem Island

NREC and AMS sign the retail property consultancy agreement for ...
AME Info (press release) - United Arab Emirates
... the retail consultancy and leasing assistance agreement for Reem Mall located on Reem Island in Najmat Abu Dhabi at a ceremony held at Cityscape 2008. ...

Emaar Company's News Alerts

Bawadi unveils infrastructure and transportation master plan
Gowealthy.com - Dubai,United Arab Emirates
Bawadi, the world's largest hospitality and retail destination in Dubai and a member of real estate developer Tatweer, has disclosed its master plans for ...

Fresh twist to Emaar dispute in Saudi Arabia
GulfNews - Dubai,United Arab Emirates
The report has angered the Arbitration Authority, comprising Shaikh Abdullah Khunain, arbitrator, Prince Abdul Aziz Bin Sattam, legal consultant and Emaar's ...