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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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Friday, August 22, 2008

Dubai Properties Investment to Reach AED 1 Trillion

Dubai Properties to double investment to $272bn
ArabianBusiness.com - Dubai,Umm al Qaiwain,United Arab Emirates
(ITP Images) State-owned Dubai Properties is set to almost double its real estate investment to 1 trillion dirhams ($272.2 billion) within the next five years... Mohamed Binbrek, CEO of Dubai Properties Group, said the company has 26 property plots still to be developed. ...The firm is also considering opportunities in Pakistan, Tunisia, Qatar, Uzbekistan, the Maldives and Madagascar, he said.

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