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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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Monday, May 5, 2008

Dubai Real Estate Hub.

Dubai the Hub of Real Estate
Al-Bawaba - Amman,Jordan
HIRCO (Hiranandani Infrastructure and Real Estate Co) the developer of the 90 storey 23 Marina (along with ETA Star) in Dubai reports robust sales in their ...

Persian Gulf Shares Rise, Led by Emaar, Barwa Real Estate
Bloomberg - USA
Emaar Properties PJSC gained in Dubai after one of its units started a five-star hotel brand. Barwa Real Estate Co. rose to a record in Qatar after ...

Ajman real estate attracts Dh400bn
Emirates Business 24/7 - Dubai,Dubai,United Arab Emirates
The property price is expected to go up to the Dh1,000 per square foot mark – still a far cry from Dubai and Abu Dhabi rates. "Prices have increased in line ...

RERA: four billion Dirhams deposited in escrow
ArabianBusiness.com (press release) - Dubai,Umm al Qaiwain,United Arab Emirates
A total of AED4 billion have been deposited by developers in escrow accounts with 33 banks approved by the Dubai Real Estate Regulatory Agency (RERA), ...

May 5 (Bloomberg) -- Here is a list of stories about the Middle ...
Bloomberg - USA
Four real-estate developers operating in Dubai are under investigation for non-delivery of projects, Emirates Business 24/7 reported, citing Marwan Bin ...

Castles in the sand
New Zealand Herald - New Zealand
The immigration frenzy has raised fears of a real estate bubble and drawn accusations of human-rights abuses. Foreigners are welcome in Dubai - as long as ...


Deyaar Oakwood Residency Project

Overwhelming investor response to launch of Deyaar's Oakwood Residency
AME Info (press release) - United Arab Emirates
The company's real estate projects span prominent locations across Dubai, including Jumeirah Lake Towers, Dubai Marina, Downtown Jebel Ali and Business Bay, ...

Mexico Real Estate.

ING Real Estate to develop $150 million ocean front resort in Mexico
Forbes - NY,USA
AMSTERDAM (Thomson Financial) - ING Real Estate, part of the ING Group NV, said on Monday it will partner with Grupo Carrousel and Operadora Punta Maroma to ...

Dubai Properties

Dubai Properties to move ahead on Rashid
SteelGuru - Gurgaon,Haryana,India
Mr Hashim Al Dabal executive chairman of Dubai Properties said that the development of its AED 200 billion mega eco project Mohammed bin Rashid Gardens will ...

 

Al-Zorah Reviels Ajman Paster Plan

$60B Community Breaks Ground in Ajman, UAE
Commercial Property News - USA
The scale of Al Zorah inevitably invites comparison with other Gulf region mega-projects, such as Al Reem Island in Abu Dhabi, where the Shams Abu Dhabi ...


UAE Real Estate 5th May

DMCCA hosts strata law information session for Dubai developers
Business Intelligence Middle East (press release) - United Arab Emirates
UAE. The Dubai Multi Commodities Centre Authority (DMCCA), which oversees and regulates the DMCC free zone, recently hosted some 170 real estate developers ...

Study reveals 17% rental increase in first quarter of 2008 in Abu ...
Gowealthy.com - Dubai,United Arab Emirates
The study reveals that the soaring rents due to the growing demand of real estate as well as increasing construction costs. ...

Dubai Chamber to Host 100-Member China Delegation at HangZhou ...
Al-Bawaba - Amman,Jordan
Greentown Real Estate Group, Zhejiang Haihua Property, Hangzhou United Bank, Hangzhou Commercial Bank, Dongguan Group, Hangzhou Wahaha Group Co, ...

Reforms urged to curb soaring UAE rents
ArabianBusiness.com - Dubai,Umm al Qaiwain,United Arab Emirates
In the long-term, a radical restructuring of the real-estate market is needed, the report said, with incentives offered to developers who create affordable ...

Dubai New Projects - Press Releases...

Dubai Maritime City Authority to establish institute for boat ...
AME Info (press release) - United Arab Emirates
Dubai Maritime City has recently commenced the first phase of the project, which includes preparation and planning; with services expected to begin from ...

Deyaar unveils new residential tower at IMPZ
AME Info (press release) - United Arab Emirates
'I am delighted to announce the launch of this exciting new development in the heart of New Dubai,' said Saeed Al Qatami, Deyaar's Managing Director - UAE ...

Norton Rose announces new Abu Dhabi office
AME Info (press release) - United Arab Emirates
This announcement follows the recent news regarding the promotion of two new partners in Dubai, the arrival of Karl Rogers, a new partner in Dubai, ...

Stunning projects to redefine skyline
GulfNews - Dubai,United Arab Emirates
"This concept is unique and we are going to implement this in Dubai for the first time with the new Dubai-based master developer." Within EP, the EP Site 15 ...

New Twist - Roma Categorically Deny Soros Bid
Goal.com - Switzerland
A number of possible buyers have been mooted, including Egyptian billionaire Naguib Onsi Sawiris, the Sheikh of Dubai , and American businessman John Joseph ...


Westin Hotels & Resorts: Abu Dhabi - Saadiyat Island

TDIC appoints Westin Hotels & Resorts for contemporary Abu Dhabi ...
AME Info (press release) - United Arab Emirates
... to any long-term tourism strategy and TDIC is enhancing Abu Dhabi's golfing facilities with additional world-class courses planned for Saadiyat Island, ...

TDIC-Leighton wins $435m contracts
Trade Arabia - Manama,Bahrain
Saadiyat Construction Village: TDIC-Leighton is responsible for engineering, procurement and construction of a 20000 man labour village on Saadiyat Island, ...

Photo credit: Stephen White
Los Angeles Times - CA,USA
The Cultural District of Saadiyat Island, or the Island of Happiness, is expected to transform a 16.7-square-mile island into a cultural destination. ...