Nakheel Alert

Azizi plans Dh3.5b projects in Dubai
GulfNews - Dubai,United Arab Emirates
Azizi has confirmed that negotiations for further plots on the Palm Jebel Ali are underway with site developers Nakheel. Azizi confirmed the acquisition of ...

The World's first man-made snorkeling lagoon - Dubai
DeeperBlue.net - UK
A snorkelling lagoon with coral reefs and marine life with the built at the Oqyana World First project on Nakheel's offshore development The World. ...

VC Bank to develop Dh1.5b resort on Nakheel's The World
Middle East North Africa Financial Network - Amman,Jordan
AbdulLatif Al Janahi Board Member and CEO of VC Bank commented "It is an honor to be amongst the elite investors chosen to invest in Nakheel's one of a kind ...

Luxury resort coming up on The World, Dubai
Gowealthy.com - Dubai,United Arab Emirates
... has formed World Development Company Limited to develop a luxury resort on The World, an exclusive real estate project by Nakheel in Dubai. ...

VC Bank to develop Dhs1.5 bn resort in Nakheel's The World project
AME Info (press release) - United Arab Emirates
Mr. AbdulLatif Al Janahi Board Member & CEO of VC Bank commented "It is an honor to be amongst the elite investors chosen to invest in Nakheel's one of a ...

Master plan ready for Oqyana World (Article Expired)
Emirates Business 24/7 - Dubai,Dubai,United Arab Emirates
The Dh18.35 billion Oqyana World First development off the coast of Dubai will comprise 22 islands in the Australia and New Zealand portions of Nakheel's ...

VC Bank to develop $408m resort on The World
Trade Arabia - Manama,Bahrain
AbdulLatif Al Janahi, board member and CEO of VC Bank, said: "It is an honour to be amongst the elite investors chosen to invest in Nakheel's one of a kind ...

Stop road developments
The National - Abu Dhabi,United Arab Emirates
There was a similar incident last year, where Al Nakheel wanted to vacate some of the residents at the Gardens to demolish their houses and build roads. ...

Middle East-based multinationals set to take on giants (Article Expired)
Emirates Business 24/7 - Dubai,Dubai,United Arab Emirates
However, that is changing and the vanguard is led by Dubai's premier companies: Emirates, Jumeirah, DP World, Emaar, Nakheel and Etisalat. ...

Nakheel unveils 'Badrah' district within Waterfront (Article Expired)
Emirates Business 24/7 - Dubai,Dubai,United Arab Emirates
Nakheel, the real estate arm of Dubai World, yesterday unveiled Badrah, the second residential district within Waterfront, following the successful launch ...

Nakhel News

Dewa plans local currency sukuk issue
MEED - Dubai,United Arab Emirates
The emirate of Ras al-Khaimah recently priced a AED1bn ($272m) sukuk at the Emirates interbank offered rate (Eibor) plus 115 basis points, while a sukuk by ...

Record sales continue at Nakheel's Al Furjan
ArabianBusiness.com (press release) - Dubai,Umm al Qaiwain,United Arab Emirates
... desirability and quality that the market has come to view as synonymous with Nakheel's developments. The momentum of sales for Al Furjan is excellent, ...

Gulf borrowers look to UAE dirham bond mart
Gulf Times - Doha,Qatar
... the government of Ras Al Khaimah, which raised 1.0bn dirhams ($272.3mn) from the sale of its debut sukuk, and Dubai-based property developer Nakheel, ...

Bank sets up firm to develop resort
Gulf Daily News - Manama,Bahrain
... the elite investors chosen to invest in Nakheel's one of a kind project," said VC Bank board member and chief executive officer Abdul Latif Al Janahi. ...

Nakheel launches Al Hejaz
Trade Arabia - Manama,Bahrain
Nakheel has launched Al Hejaz, the third style of home available in the first phase of family-oriented residential community - Al Furjan. ...

Emaar Companies' News

Emaar launches 5-star hotel brand 'The Address'
Express Hotelier - Mumbai,India
Emaar Hospitality Group has revealed plans to launch and operate its own five-star premium global brand of world-class hotels and resorts under the brand ...

KSA- Emaar signs accord with Cisco
Middle East North Africa Financial Network - Amman,Jordan
(MENAFN - Arab News) Emaar, The Economic City (Emaar.EC) and Cisco have come together as part of a new educational and training initiative. ...

UAE shares advance led by Emaar and Emirates NBD
GulfNews - Dubai,United Arab Emirates
Dubai: UAE shares advanced, led by Emirates NBD PJSC, the country's biggest bank by assets, and Emaar Properties PJSC. Doha's index fell. ...

Dubai Real Estate News

Indian Builder Provides Real Estate in Dubai
Live-PR.com (Pressemitteilung) - Wein,Austria
"Indians go back to Dubai instead of Bombay where real estate is more expensive," she said. Real estate in Dubai offers an excellent investment choice with ...

UAE Real Estate Market

UAE's buoyant real estate market helps mortgage assets to double
Vista Dubai - Leeds,England,UK
The housing mortgage assets are expected to double, courtesy the robust growth of UAE's real estate market, to Dh64 billion by 2011 from Dh32 billion in ...

Gulf real estate firms to implement $1.7 bln projects in Yemen
Yemen News Agency - Yemen
"The second real estate company will be set up by Yemen and the UAE Holding Company to carry out a tourist and real estate project at the cost of $500 ...

Dubai regulator seeks slowdown in $300bn realty bazar
Gulf Times - Doha,Qatar
Sales and rental prices in the emirate are buoyant and Dubai expects to attract 184bn UAE dirhams ($50.1bn) in real estate investment by 2010 but concern is ...

Capital City District to redefine Abu Dhabi real estate sector
Gowealthy.com - Dubai,United Arab Emirates
During the four day event in Abu Dhabi it is estimated that billions of dirhams worth of real estate deals were done. Abu Dhabi National Exhibitions Company ...

Perot homes in on Abu Dhabi
The National - Abu Dhabi,United Arab Emirates
Hillwood is partnering on the project with locally owned CBD Properties and Pramerica Real Estate Investors, the property investment arm of Prudential ...

Real estate to see US$ 12-bn PE funds
Express Hotelier - Mumbai,India
Further, Sridharan also informed that Dish Hospitality is planning to foray into the international markets such as Europe and UAE in order to set up luxury ...

St Regis at Saadiyat Island

St Regis to open in Abu Dhabi @ Saadiyat Island
Luxury Travel magazine - London,UK
St. Regis Hotel & Residences Saadiyat Island, Abu Dhabi, will open in the last quarter of 2009. The 380-room hotel will be in the Saadiyat Beach district, ...

Cantina Laredo Open at Dubai Marina

Consolidated Restaurant Operations Opens First Cantina Laredo and ...
PR Newswire (press release) - New York,NY,USA
... Beach Residence in Dubai, the world's largest single-phase mixed use development with 25000 residents in 40 towers along the prestigious Dubai Marina. ...

Shams Abu Dhabi

Hill wins contract extension in United Arab Emirates
Philadelphia Inquirer - Philadelphia,PA,USA
The Shams Abu Dhabi development in the Arabian Gulf is designed as a self-contained residential and commercial community for 55000 residents just off Abu ...

Lulu Island

Sorouh unveils plans for Lulu Island at Cityscape Abu Dhabi ...
Sorouh Real Estate PJSC, one of Abu Dhabi's leading real estate developers, today at Cityscape Abu Dhabi unveiled to the public for the first time its giant ...

Jumeirah Beach Residence

Consolidated Restaurant Operations Opens First Cantina Laredo and ...
PR Newswire (press release) - New York,NY,USA
El Chico opened at Jumeirah Beach Residence in Dubai, the world's largest single-phase mixed use development with 25000 residents in 40 towers along the ...

Damac

UAE mortgage assets set to touch Dh64b by 2011
GulfNews - Dubai,United Arab Emirates
... real interest rates, and higher tourism receipts," said Hany Hussain, head of research, and Hany Seif, sector analyst, at Damac Capital International. ...

DAMAC appoints Arabtec as main contactor for a realty project in ...
Gowealthy.com - Dubai,United Arab Emirates
DAMAC Properties, a leading private master developer in the UAE, has appointed Arabtec/EEC JV Construction as main contractor for its "Business Heights" ...

Damac completes and delivers Lake Terrace
GulfNews - Dubai,United Arab Emirates
By Suzanne Fenton, Staff Reporter Dubai: Dubai developer, Damac, yesterday announced the completion and delivery of 572 units in its Lake Terrace project at ...

Damac to deliver 2300 units this year
Trade Arabia - Manama,Bahrain
Damac Properties, a major private sector master developer in the region, plans to deliver over 2300 units in 2008, followed by an additional 7100 units in ...

Al Habtoor wins Damac contract | Real Estate
Damac Properties announced it has awarded a Dhs13.5m enabling contracts for its Park Central and Capital Bay projects to Al Habtoor Engineering Enterprises.