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Real Estate News Alert.

Real Estate News Alert is a roundup of the most recent news that gets updated daily to keep you always up to date on the world's most attractive projects in the real estate market from the UAE (Dubai, Abu Dhabi, Umm Al-Quwain, Ajman, Ras Al-Khaimah, Sharjah and Fujairah) and sometimes from the GCC or other countries and from various news sources.


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Thursday, July 31, 2008

Aldar Property Project Reports Sales Profits in Billions

UAE' Aldar Q2 profit soars on land, property sales
Reuters - USA
DUBAI (Reuters) - Abu Dhabi-based Aldar Properties ALDAR posted its second-biggest quarterly profit on the sale of land and property expects profit growth to be as much as 15 percent in 2008. ...

ALDAR Properties clocks a net profit of Dh2,602.7 in 2nd quarter ...
Gowealthy.com - Dubai,United Arab Emirates
ALDAR Properties, a leading real estate development firm in the UAE announced that the company has clocked a net profit of Dh 2602.7 in the second quarter ...

Aukett's shifts staff to focus on Middle East projects
Building Design - UK
The company's first major project in the region since the 1980s is a 600-bed hotel project for developer Aldar Properties on Abu Dhabi's 2500ha Formula One ...

UAE's Aldar H1 profits up 186%
Middle East North Africa Financial Network - Amman,Jordan
(MENAFN - Khaleej Times) The largest reality company by market value, Aldar Properties earned a net profit of Dh2.602 billion in the first half of 2008, ...

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