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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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Sunday, August 3, 2008

Dhs1.6 Billion - Al-Bawadi Project at Dubailand Awarded by Emaar

Arabtec awarded Dubailand contract
The National - Abu Dhabi,United Arab Emirates
Arabtec Holding, the largest construction firm in the UAE by market value, has been awarded its second contract in a month from Emaar Properties – a Dh1.6 billion (US$435.6 million) deal to build 1,437 villas at the Bawadi project in Dubailand. ...Emaar and Tatweer are developing 6.5 million square metres of land at Bawadi, a project that has an overall investment of Dh200bn and is set to be the largest hospitality and leisure development in the world ....development in Dubai as well as a Dh638m contract from Cayan Investment and Development for the construction of two residential towers at Dubai Marina. ...But its largest contract this year was a Dh10bn deal to build the 400-metre-tall Okhta Centre in St Petersburg on behalf of Gazprom Neft, the oil subsidiary of the...
 

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