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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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Saturday, October 4, 2008

Abu Dhabi's Projects Hits US$ 500 Billion

Abu Dhabi's real estate projects to hit US$500bn
Zawya (press release) - United Arab Emirates
Abu Dhabi, the richest city in the world, has seen its gross domestic product (GDP) soar from US$40.6 billion in 2002 to US$108.9 billion in 2007 (more than 8 per cent per annum). The booming real estate and tourism sectors are playing a significant part in this success story as the total value of announced projects in the capital inches towards the US$ 500 billion mark (AED 1.83 trillion). ...

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