UAE Real Estate - Mixed News 8th May 2008

Real estate group to launch $1b projects
Khaleej Times - Dubai,United Arab Emirates
By a staff reporter DUBAI — Kensington, a Dubai based real estate group with a presence in the UK, India and Africa, is set to make its mark in the UAE real ...

Sorouh Real Estate to reveal master plan of Lulu Island at ...
Gowealthy.com - Dubai,United Arab Emirates
Sorouh Real Estate, one of the leading UAE real estate developers, has announced to exhibit an architectural model for the master plan for Lulu Island for ...

Deyaar Ends Indian Real-Estate Contract With Ansal (Update1)
Bloomberg - USA
Deyaar, 41 percent owned by Dubai Islamic Bank PJSC, has benefited from surging demand for housing in the UAE since 2002 when foreigners were allowed to buy ...

Low prices of Ajman real estate attracts Dubai investors
Gowealthy.com - Dubai,United Arab Emirates
Real estate prices in Dubai have appreciated almost 60-70% tempting the investors to venture into various upcoming real estate projects in the nearby ...

Pure Real Estate forms a joint venture with TAKtical Realty Group
AME Info (press release) - United Arab Emirates
Together, we can establish the JV as one of the key players in the UAE's real estate industry." "In addition to offering a comprehensive range of investment ...

UAE FDI to cross $100bn in four years (article Expired)
Emirates Business 24/7 - Dubai,Dubai,United Arab Emirates
In view of the ongoing real estate boom in the country, which is drawing investors to Dubai and to Abu Dhabi, the Economist Intelligence Unit estimates that ...

New Dubai Projects

Marriott signs New Hotel in Jebel Ali, Dubai
ASIATravelTips.com - Amphur Muang,Nonthaburi,Thailand
It will be located on the corner of the eastern section of the US$ 12 billion Downtown Jebel Ali project along Sheikh Zayed Road, near the Jebel Ali Free ...

Merlin Entertainments Group to Open New LEGOLAND(R) Park in Dubai
ITNews - Roma,Italy
Choosing this location for the new LEGOLAND Park reflects the fact that Dubai is becoming a major holiday destination, not only for the region, ...

Hicks Under Pressure To Fund New Stadium - Report
Goal.com - Switzerland
Whether Gillett intends to sell his 50 per cent stake in the club to Dubai International Capital (DIC) or not cannot quite yet be determined, ...

Aldar Properties

Revved-up for opening—ALDAR shows YAS Island at ATM
ArabianBusiness.com (press release) - Dubai,Umm al Qaiwain,United Arab Emirates
ALDAR Properties, the leading Abu Dhabi-based integrated property development company is showcasing its YAS Island luxury leisure destination along with its ...

Abu Dhabi Railway System

Capital to have railway system in 7 years
Khaleej Times - Dubai,United Arab Emirates
... Saadiyat Island and Al Mina, turning left at Central Station and following Airport Road to the Grand Mosque district, Capital district, and Raha Beach. ...

Nakheel Project News

Nakheel plans more debt, mulls foreign buys
Trade Arabia - Manama,Bahrain
Dubai government-owned property company Nakheel, which last week sold almost $1 billion of Islamic bonds, said it plans to tap the debt market again this ...

Palm Jebel Ali unveils The Crown
GulfNews - Dubai,United Arab Emirates
By Suzanne Fenton, Staff Reporter Dubai: Palm Jebel Ali, is to have a 380-acre development at its top called The Crown, developed by Nakheel and Busch ...

Balanced portfolio can tackle slump: Nakheel (Article Expired)
Emirates Business 24/7 - Dubai,Dubai,United Arab Emirates
Nakheel Hotels has largely invested at both ends of the market in the luxury and budget segments. We're also expanding our global portfolio across mature ...

Nakheel plans whale-shaped island
AME Info - United Arab Emirates
Nakheel has unveiled a range of projects planned to bolster its entertainment portfolio, including an island in the shape of Sea World mascot Shamu the ...

Nakheel to take legal action over project delays
ArabianBusiness.com - Dubai,Umm al Qaiwain,United Arab Emirates
by Amy Glass on Tuesday, 06 May 2008 LEGAL ACTION: O'Donnell said Nakheel has introduced a clause into all its sales contracts to stamp out late delivery of ...

Nakheel Bond Investors Bet on Dubai Property Market, CFO Says
Bloomberg - USA
By Will McSheehy May 5 (Bloomberg) -- Nakheel PJSC, the developer building islands off Dubai's coast, received bids for 17 percent more than the $980 ...

Run to the Mexican Border in Dubai

Get Mexicanised – "On the Border Mexican Grill" opens in Dubai ...
ArabianBusiness.com (press release) - Dubai,Umm al Qaiwain,United Arab Emirates
As part of the agreement with Brinker international, AFS is preparing to open new branches in the UAE at Jumeirah Beach Residence, and in KSA at Red Sea ...

Dubai Sports City: 120 Towers

Dubai Sports City to have 120 towers (article Expired)
Emirates Business 24/7 - Dubai,Dubai,United Arab Emirates
Property prices in cities such as London, Tokyo, and Mumbai are almost ten times the price of the biggest penthouse in Dubai Marina. ... Read another article from other source about: Dubai Sports city to have 120 towers.

Free Zone company formation, UAE offshore

Uaefreezones.com – Free Zone company formation, UAE offshore ...
Consultants for doing business in the UAE, company formation in Free Trade Zones like Jebel Ali Free Zone, Dubai Media City Dubai Internet City, ...

 

Nakheel Comments on Deyaar's CEO

Nakheel planning to tap debt market again (Article Expired)
Emirates Business 24/7 - Dubai,Dubai,United Arab Emirates
O'Donnell said the recent scandal involving developer Deyaar, in which CEO Zack Shahin is still in police custody, has positively impacted the Dubai ...

Deerfields Town Square - Abu Dhabi

Dh1bn mixed-use project planned (rticle Expired)
Emirates Business 24/7 - Dubai,Dubai,United Arab Emirates
The land is located in Al Bahia along Al Raha Beach Development on the Abu Dhabi-Dubai highway. Deerfields Town Square will feature retail and entertainment ...

Emaar Properties...

Emaar Properties will launch the sale of a premium collection of ...
AME Info (press release) - United Arab Emirates
Emaar's collection of commercial units offers buyers the distinctive advantage of being within established communities. The units are also marked by ...

ALDAR Developments

ALDAR Developments
Welcome to the exclusivity of Al Muneera, a development that makes up a part of Khor Al Raha one of eleven precincts within Al Raha Beach. a precinct ...

 

Dubai Real Estate Moving to South East Asia

Timeshare: nice idea, tough sell
Kipp Report - Dubai,United Arab Emirates
Timeshare looks to be on its way to the Dubai real estate market. Buyers will be able to take fractional ownership of villas or apartments; in theory this ...

Probe into local realty firms (Article Expired)
Emirates Business 24/7 - Dubai,Dubai,United Arab Emirates
Four Dubai development companies are being subjected to an "internal audit of transactions", Marwan bin Ghalita, the CEO of Real Estate Regulatory Agency ...

Emaar Jakarta tower to be the tallest in SE Asia
Jakarta Post - Jakarta,Indonesia
Dubai-based real estate giant Emaar Properties plans to build a landmark tower in Jakarta, which would be the tallest skyscraper in Southeast Asia, ...

Durrat al bahrain exhibits at leading saudi property exhibition

Durrat al bahrain exhibits at leading saudi property exhibition
Al-Bawaba - Amman,Jordan
Residents, businesses and visitors will not only be able to live island lifestyles, but they will also benefit from the Golf Course, an 18 hole golf course ...

UAE Real Estate - Sorouh & Nurec 8th May 2008

Sorouh to unveil plans for Lulu Island at Cityscape Abu Dhabi
Business Intelligence Middle East (press release) - United Arab Emirates
UAE. Sorouh Real Estate, one of the leading Abu Dhabi real estate developers, announced today it is to exhibit an architectural model at Cityscape Abu Dhabi ...

Nurec, Advantage partner in restructuring initiatives
Arab Times - Kuwait
NUREC was established in April 2001 as an Islamic Sharia based Real Estate development and Investment Company. NUREC specializes in complete project ...

Timeshare realty market in Dubai will touch $1bn (Article expired)
Emirates Business 24/7 - Dubai,Dubai,United Arab Emirates
With the real estate market in general I think timeshare may help prop it up. Several hundred thousand units are being built in Dubai alone. ...

Dolphin Towers Residential Development.

Dolphin Towers Development:
Dolphin Towers will have a total of 400 one, two, and three bedroom apartment condominiums and 10 exclusive townhouses in its three 18-storey towers.

Expected Completion Date - March 2009, Real Estate Developer: Damac Properties. Location: Al Raha Beach, Abu Dhabi, United Arab Emirates.