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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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Tuesday, June 24, 2008

Dubai Real Estate: The World Islands

Select Group acquires two islands on The World
AME Info (press release) - United Arab Emirates
'Our acquisition of the islands reflects our confidence in Dubai's real estate market as well as our belief in the success of water front projects. ...

Aldar and Mubadala JV Development

Aldar and Mubadala in talks over healthcare
The National - Abu Dhabi,United Arab Emirates
Ronald Barrott, the chief executive of Aldar said: "The concept is in line with our commitment to provide modern, efficient and sustainable communities for ...

Mubadala and Aldar forsee joint development of new medical ...
AME Info (press release) - United Arab Emirates
Mubadala Healthcare and Aldar Properties (Aldar) today announced they have signed a Memorandum of Understanding (MoU) to explore the development of new ...

Project News Dubai Real Estate Companies

Emaar Morocco completes Tinja sales centre; to unveil Aldea ...
Al-Bawaba - Amman,Jordan
He added: "With the opening of the new dedicated sales centre, customers will have a better overview of the entire project and its masterplan. ...

New property law to push up real estate prices in Ajman
Gowealthy.com - Dubai,United Arab Emirates
The price of a new project in Dubai is Dh4,500 per sq ft." Registered real estate developers will be given a certificate by the department and will have to ...

Dubai Dreamz signs €40m contract with West Incorporated, Group of ...
AME Info (press release) - United Arab Emirates
Shazad Chohan, Founder & CEO of Dubai Dreamz comments: 'We are pleased to be partnering with West Incorporated on this new and exciting project. ...

Tamweel Properties & Investments signs master agreement with Al ...
zawya (press release) - Middle East,United Arab Emirates
This agreement follows on the heels of Tamweel's purchase of AED 1.93 billion of land of 135 plots in the Al Jadaf area of Dubai last year, which at that ...

Dubai to have museum of Middle East modern art
Thaindian.com - Bangkok,Bangkok,Thailand
... Authority and the recent launch of the Khor Dubai project, which is aimed at highlighting the cultural diversity in the UAE. Apart from the new museum, ...

Banu Tas appointed General Manager for 'Deerfields Town Square ...
ArabianBusiness.com (press release) - Dubai,Umm al Qaiwain,United Arab Emirates
(EPICO), the property management company for the group's retail, residential, commercial space, she will retain her jurisdiction in Dubai and the Northern ...

AlDar Selling Al Raha Plots

NBAD UAE Distribution Fund up 'marginally' in May
CPI Financial - Dubai,United Arab Emirates
Aldar is selling plots on Al Raha beach that are up in value by almost +130 per cent year over year. It is not news that inflation is clearly a problem in ...

Tameer Real Estate

Tameer to build highest tower in Jordan
Trade Arabia - Manama,Bahrain
UAE's Tameer Holding, the region's leading real estate developer, unveiled plans to build the highest tower in Jordan, a $300 million project which will be ...

Durrat Marina launches stunning corporate identity
AME Info (press release) - United Arab Emirates
One of the grandest real estate projects in the Gulf, Durrat Marina is the joint venture of Al Khaleej Development Company (Tameer) and Durrat Al Bahrain. ...

Nakheel and DIB Forms Tashyed LLC

Nakheel and DIB to form Dh2b property firm
GulfNews - Dubai,United Arab Emirates
Dubai: Nakheel, a real estate developer with more than $80 billion worth of projects under development, and Dubai Islamic Bank (DIB) have joined together to ...

Nakheel, Dubai Islamic in $544mn property venture
ArabianBusiness.com - Dubai,Umm al Qaiwain,United Arab Emirates
by Dylan Bowman on Saturday, 21 June 2008 TAPPING BOOM: Nakheel and Dubai Islamic have set up a joint property venture worth $544 million. ...

Nakheel, Deyaar and DIB

Nakheel's property venture with DIB
The National - Abu Dhabi,United Arab Emirates
The bank, 30 per cent owned by the Dubai Government, holds a 41 per cent stake in Deyaar, one of Dubai's largest property developers, which is being ...

Saadiyat Island Project - Abu Dhabi, Requires 35 Million

Diving spot murk threatens tourism
The National - Abu Dhabi,United Arab Emirates
While Abu Dhabi's land reclamation has not left an ecological footprint on the same scale as Dubai's, the project at Saadiyat Island requires 35 million ...

Preparing to scale Capitol Hill
The National - Abu Dhabi,United Arab Emirates
For tangible evidence, Mr Otaiba says, of the "relationship and interests of both countries", he cites the Guggenheim Museum on Saadiyat Island, ...