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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, June 2, 2008

Dubai Property Boom

Developers and investors rush to join Dubai property boom
Malaysia Sun - Malaysia
In one recent case the Al Areifi Marina Tower at Dubai Marina was sold off-plan with purchasers required to put up 100% of the cost, in exchange for a ...


Dubai Real Estate Market

Retail City window dressing a US$ 100 Billion market
Al-Bawaba - Amman,Jordan
... showcase for investment and development of retail real estate, which starts today (Sunday 1stJune) at the Dubai International Exhibition Centre. ...

Abu Dhabi-based real estate consultancy to showcase over 13 ...
Gowealthy.com - Dubai,United Arab Emirates
... to be held in Dubai from June 1 to June 3 at the Dubai International Convention and Exhibition Centre. Abu Dhabi-based mixed-use real estate consultancy ...

Tamweel launches property investment subsidiary
ArabianBusiness.com (press release) - Dubai,Umm al Qaiwain,United Arab Emirates
Tamweel PJSC, the largest provider of real estate finance in the UAE, announced today the establishment of Tamweel Properties & Investments LLC, ...

Latest Saudi Real Estate News

KSA- Qassim Is the latest destination for investment
Middle East North Africa Financial Network - Amman,Jordan
Prince Faisal ibn Bandar and his deputy Prince Faisal ibn Misha'al, chairman of the Committee for the Development of Investment in the Qassim Region, ...

Dubai-Based Emaar Properties News

Deals & Deeds
Economic Times - Gurgaon,Haryana,India
The launch of this project with a capital outlay of US$ 1.4 billion (Rs 5610 crores), is the first amongst a significant cache of Emaar MGF projects in ...

UAE's EmaarMGF launches $1.4b project
Middle East North Africa Financial Network - Amman,Jordan
(MENAFN) A spokesperson for the EmaarMGF, a joint venture of Dubai-based Emaar Properties PJSC and MGF Development, announced that the company has launched ...

Saadiyat Island District Offshore Abu Dhabi

Saadiyat Island's Cultural District To Inspire New Era Of Cultural ...
Dubai City Guide - Dubai,United Arab Emirates
The emergence of the Cultural District of Saadiyat Island, the 27 square kilometre island lying offshore the capital of the United Arab Emirates, ...


Bahrain Real Estate News

Al Areen Homes sales a success
Gulf Daily News - Manama,Bahrain
Porta Reef, which saw the sales of 85pc of its units during the exhibition, is located on the prestigious Reef Island - within the Seef district near the ...

Bahrain to host property expos again in October
Middle East North Africa Financial Network - Amman,Jordan
Porta Reef, which saw the sales of 85 per ecnt of its units during the exhibition, is located on the prestigious Reef Island - within the Seef District near ...

Bahrain- MEM introduces LED advertising network
Middle East North Africa Financial Network - Amman,Jordan
Locations include the Bahrain International Airport, Adliya, Seef, Juffair and Diplomatic Area, he added Advertisers have the opportunity to run their ...

UAE Real Estate: Tamweel Property

Tamweel launches property investment subsidiary
Al-Bawaba - Amman,Jordan
Tamweel PJSC, the largest provider of real estate finance in the UAE, announced today the establishment of Tamweel Properties & Investments LLC, ...

UAE & Saudi Real Estate

UAE & Saudi Arabia dominate regional retail landscape
Al-Bawaba - Amman,Jordan
Retail City 2008, the three-day industry showcase for investment and development of retail real estate for the US$ 100 billion regional retail sector, ...

Dhs1.4 trillion in tourism infrastructure

GCC countries to pump Dhs1.4 trillion in tourism infrastructure
AME Info (press release) - United Arab Emirates
The CEO of Falcon Crest and the Dynasty smart towers developer on Al Reem Island added: 'A developer is definitely interested in taking the pulse of a ...

Al-Reem Island Towers

IHG set to launch first property in Morocco
Khaleej Times - Dubai,United Arab Emirates
Shams Abu Dhabi on Al Reem Island is a self-contained community which will offer 55000 residents a lush green island setting. Located a few hundred metres ...

More super high-rise towers planned for Reem Island
MEED - Dubai,United Arab Emirates

Kuwait-based Dar al-Dhabi Real Estate Company has invited selected companies to prequalify for the main building works for two super high rise towers on Reem Island in Abu Dhabi emirate.
The project is the latest high-rise scheme to be tendered on Reem Island. In April, the joint venture of the local Al-Habtoor Engineering Enterprises,...

Dubai Real Estate Out-Reach

Dubai's Tamweel establishes $108.9m real estate firm
Middle East North Africa Financial Network - Amman,Jordan
(MENAFN) Tamweel Properties, the Dubai-based Islamic mortgage financier, issued a statement showing that it has set up a new $108.9 million real estate ...

Dubai-based real estate major Majid Al Futtaim looks to India
Trading Markets (press release) - Los Angeles,CA,USA
New Delhi, Jun 01, 2008 (Asia Pulse Data Source via COMTEX) -- -- Dubai-based real estate major Majid Al Futtaim (MAF) is likely to enter India for which it ...

An artistic impression of Emaar Morocco's Aldea real estate project
Gowealthy.com - Dubai,United Arab Emirates
Emaar Morocco, the subsidiary of leading Dubai-based real estate developer, Emaar Properties PJSC, will commence the sales of Aldea, a cluster of beachfront ...

Master Plan of Emirates Lake Towers, mixed-use real estate ...
Gowealthy.com - Dubai,United Arab Emirates
Chapal World, Dubai-based real estate developer, has launched Emirates Lake Towers, Dh10 billion mixed-use realty project in Ajman, UAE. ...

Emaar Real Estate News

Emaar MGF to invest USD 3 billion in
SteelGuru - Gurgaon,Haryana,India
Real estate firm Emaar MGF Land, Indian JV of Dubai's Emaar Properties, said that it plans to spend USD 3 billion in developing properties in south India ...

Emaar Morocco launches Aldea sales
Trade Arabia - Manama,Bahrain
Emaar Morocco, the country subsidiary of Emaar Properties, is launching the sale of exquisite beachfront villas and forest-fringing townhomes located within ...

Emaar MGF to develop Rs 5610 crore township in Hyderabad
HospitalityBizIndia - Mumbai,Maharashtra,India
By HBI Staff | Hyderabad Real estate developers, Emaar MGF Land Ltd will invest Rs 5610 crore to develop a leisure and residential community 'Boulder Hills ...

Muli- billion dollar deal in India for Dubai developer
Australian News - Australia
Emaar, one of Dubai's biggest property developers, is to joint venture a $3 billion development in India. Emaar MGF Land Ltd is a joint venture between ...

Sharjah Real Estate

FAYA Investment eyes real estate market in Sharjah
Gowealthy.com - Dubai,United Arab Emirates
FAYA Investment, firm specializing in the development of real estate projects for lease and rental in the Gulf Cooperation Council (GCC), announced its ...

Dubai Holdings - Dubai Properties

Dubai Properties launches
AME Info - United Arab Emirates
Dubai Holding subsidiary Dubai Properties Group has launched Dubai Communities Ventures. The new organisation will develop and oversee projects directly ...

Louvre Saadiyat Island

Buro Happold wins Louvre Abu Dhabi deal
Trade Arabia - Manama,Bahrain
The museum is one of the five major premier cultural institutions planned for Saadiyat Island which lies just offshore the capital of the United Arab ...

UAE Sorouh Real Estate

UAE's Sorouh Real Estate extends Hill International's contract
Middle East North Africa Financial Network - Amman,Jordan
(MENAFN - Khaleej Times) Hill International, a joint venture of Hill and 3D/I+PI has received an extension of its contract by developer Sorouh Real Estate ...

Real Estate in UAE

India Real Estate Infra Fund eyes $100 mn mop-up end June
Economic Times - Gurgaon,Haryana,India
Besides EU based countries, the fund is getting good response from Japan, the UK, UAE, said Goel, who expects the fund to give 25 per cent internal rate of ...

UAE's most innovative property developer heads for Italy
AME Info - United Arab Emirates
UAE's most innovative property developer Omniyat Properties heads to Expo Italia Real Estate (EIRE), the international event of the Italian and ...

Rasyat Real Estate Sales Dhs 400m

Rasyat Real Estate reached Dhs400m in sales at Cityscape Abu Dhabi ...
AME Info (press release) - United Arab Emirates
Rasyat Real Estate was established with the objective of focusing on dynamic real estate projects in the UAE, starting with the capital city of Abu Dhabi. ...

Al-Reem Island, Capital Investment

Capital to see Dh630bn investment (Article Expired)
Emirates Business 24/7 - Dubai,Dubai,United Arab Emirates
Rakaa Properties, the real estate development subsidiary of Saudi Arabia-based Rakaa Holding, is developing the Dynasty and Falcon Crest towers on Al Reem ... Read article: Capital to see Dh630bn investment

Burj Dubai sq ft Prices

Buyerss should look beyond $354bn investments
AME Info - United Arab Emirates
While prices in the Burj Dubai have soared to a new UAE record of $3500 per square foot, there is a high probability that prestige buildings in neighbouring ...