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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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Thursday, August 7, 2008

DWC Master Planning to Sell Cencept to the World

DWC to sell concept to the world
The National - Abu Dhabi,United Arab Emirates
DUBAI // Dubai World Central (DWC) Real Estate, the Government-owned company building the world's largest airport in Jebel Ali, will begin exporting the concept of its massive aviation-logistics-property development through a new international division next year, a senior executive said yesterday. ...DWC Real Estate has already sold the first two phases of Residential City at the airport development, generating about Dh10bn this year, and total revenue from all five phases of this development is expected to be in excess of Dh50bn. ...With changes in the master plan, we are expecting a little more than that, but we still have to calculate the final figures based on land and number of ...

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