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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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Wednesday, June 25, 2008

Emaar Company Win Deals

Emaar Misr launches luxury Marassi and Uptown Cairo homes at first ...
Zawya - United Arab Emirates
Jeddah, Saudi Arabia - Emaar Misr for Development SAE, the wholly owned Egyptian subsidiary of Emaar Properties PJSC, will hold the first-ever sale in Saudi ...

City Cool wins $172m KAEC deal
Trade Arabia - Manama,Bahrain
City Cool, a leading UAE-based district cooling provider, has signed a $172 million agreement with Emaar The Economic City (Emaar EC) to provide district ...

Saadiyat Island & Dubai Dollars

Dubai eyes tourist dollars in $350bn theme park splurge
Gulf Times - Doha,Qatar
The UAE capital's Saadiyat (or Happiness) Island will be home to an offshoot of Paris' Louvre museum, a Guggenheim museum, a Tadao Ando Maritime Museum and ...

New Projects: Dubai Skyscrapers

Big Fete for Trump's New Project
Women's Wear Daily - USA
By Amanda FitzSimons Neither Donald Trump nor Dubai are known for subtlety, so when the mogul hosted a fete in honor of the Middle Eastern metropolis' ...

Dubai 'shape-shifting skyscraper' unveiled
CNN International - USA
(CNN) -- Dubai's expanding skyline looks set to gain a spectacular new addition after plans were unveiled for a revolutionary 420-meter shape-shifting ...

Architect hopes new skyscraper keeps us spinning
The Associated Press -
NEW YORK (AP) — An Italian architect said he is poised to start construction on a new skyscraper in Dubai that will be "the world's first building in motion ...

New Dubai tower project aims to rewrite the term 'gimmick'
Kipp Report - Dubai,United Arab Emirates
It's a toss up as to which bit is most amusing: the fact Dubai is now building a tower that will rotate to 360°over a week, the accompanying PR waffle ...

'The Donald' sells Dubai
The National - Abu Dhabi,United Arab Emirates
A model of the new Trump International Hotel & Tower on Palm Jumeirah on display in New York where the project was launched by Donald Trump. ...

The Tiger Woods Dubai project gains rapid ground as one of world's ...
AME Info (press release) - United Arab Emirates
Al Gurg added: 'True to the world's expectations, The Tiger Woods Dubai will not only represent a new landmark in Dubai, it will set unparalleled industry ...

New leisure outlets set to boost Dubai tourism
Realestate TV - London,England,UK
Hundreds of billions of pounds are to be spent on new leisure facilities in Dubai, it has been revealed. According to the Gulf Times, authorities in the ...

Galadari Investment Office (GIO Developments) and Gianfranco Ferré ...
Zawya - United Arab Emirates
The first project of the Gianfranco Ferré for GIO joint venture will be erected in Dubai and named Gianfranco Ferré Stresa. It will go on stream combining ...

Emaar expands residential portfolio in Dubai with Warsan Estate
Business Intelligence Middle East (press release) - United Arab Emirates
With our four highly successful mega-projects in Dubai – Emirates Living, Arabian Ranches, Dubai Marina and Downtown Burj Dubai – either having been handed ...

Al Maabar Development Projects - Abu Dhabi

Hill enters Abu Dhabi investment partnership
CNNMoney.com - USA
Al Maabar is a joint venture of five Abu Dhabi property developers, including Aldar Properties, Sorough, Reem Investments, Al Qudra Holdings and Reem ...

Dubai Real Estate Bussiness

Dubai's Nakheel eyes world's tallest tower
Reuters - USA
Nakheel is looking at constructing a tower "higher than the competition", Chief Financial Officer Kar Tung Quek told the Reuters Global Real Estate Summit. ...

Dubai World Seeks Real Estate Buys In US, Europe
Bernama - Kuala Lumpur,Malaysia
DUBAI, June 25 (Bernama) -- Dubai World, a state-owned investment company, is seeking opportunity in real estate purchases in the United States and Europe ...

Dubai real estate firm brings new concept of home-office to UAE
Gowealthy.com - Dubai,United Arab Emirates
Schon Properties has unveiled The Signet, a Dh465 million real estate project for commercial and residential use in Downtown Jebel Ali, Dubai. ...

Awali Real Estate Investments signs Dhs4m strategic agreement with ...
AME Info (press release) - United Arab Emirates
Awali Real Estate Investments is a UAE firm based in Dubai, founded by the Saudi-based Awali Real Estate Investments as part of the mother company's ...

Abyaar Launches Private Placement Of 10% Of Share Capital
Al-Bawaba - Amman,Jordan
"Investors have recognized the strong track record of the Company's management to date, in building a unique portfolio of ultra-high end real estate ...

Dubai Properties, Tamouh Group & Pramerica Big Time on Reem Island

Dubai property hits the big time
The National - Abu Dhabi,United Arab Emirates
... his company had struck a deal with a Tamouh-affiliated group and Pramerica Real Estate Investors to develop a 106-hectare project on Al Reem Island. ...

UAE Real Estate and Residency

Real estate investors not entitled to residency
ArabianBusiness.com - Dubai,Umm al Qaiwain,United Arab Emirates
Marwan Bin Galita, chief executive of Rera, told UAE daily Gulf News the agency had submitted proposals to the government to review visas for property ...

Dubai Properties Hot News

Dubai to build $60bn new city
AME Info - United Arab Emirates
The project, designed by architect Eric Kuhne of London-based CivicArts, will be developed by Dubai Properties, a unit of Sheikh Mohammed's Dubai Holding. ...

Desert Town Unveiled
Archinect - USA
... with X-Architects (Dubai); Johannes Grothaus Landscape Architects (Potsdam), Reflexion (Zurich), and BuroHappold (London); Developer: Dubai Properties.

Yet Another Mega-Development Announced for Dubai
Commercial Property News - USA
The House of Commerce will contain office space that is envisioned by the developer, Dubai Properties, to include multi-national corporations. ...

Emaar Lunches Two New Towers

Emaar unveils The Grand Boulevard homes offering urban cultural ...
AME Info (press release) - United Arab Emirates
Emaar Properties is ushering in a new urban cultural experience with the launch of The Grand Boulevard, an architecturally spectacular two-tower residential ...

Al-Mamoura Office Completion

Al Mamoura open for business (UAE)
ALDAR Properties PJSC, the renowned Abu Dhabi-based international property developer, today announced completion of the first phase of the Al Mamoura office ...

Dubai Real Estate 25 June 2008

Mandatory programme for real estate agents
XPRESS - Dubai,Dubai,United Arab Emirates
At a press conference on Tuesday, Dr. Salem Al Shafiei, Director of the newly formed Dubai Real Estate Institute (DREI), said agents must complete an ...

First Dubai Real Estate's board approves capital increase to KD100m
AME Info (press release) - United Arab Emirates
First Dubai Real Estate Development Co., a fully owned, KSE-listed subsidiary of the region's leading real estate developer, Al Mazaya Holding, ...

Dubai's First CO2 Neutral Conference for the real estate sector
AME Info (press release) - United Arab Emirates
... with the American University Dubai will take an in-depth view on how the real estate sector can provide a more ecological approach to the industry. ...

Esdarat launches private placement for Makkah Real Estate Development
zawya (press release) - Middle East,United Arab Emirates
Dubai - Esdarat Holding Company ('Esdarat'), with an authorized capital of around US$ 377 million, has launched a private placement of 600 million shares to ...


New Projects Dubai - Property Market

Schön Properties establishes new niche in property market
AME Info (press release) - United Arab Emirates
With these two new projects, Schön Properties has firmly and rightfully established itself as one of the leading property developers in New Dubai, ...

Al Qudra has big plans for the Dubai real estate market this year
zawya (press release) - Middle East,United Arab Emirates
... will announce a number of new projects in the country and abroad at the forthcoming Cityscape Dubai - and it plans to go beyond Abu Dhabi and into more ...

Al Jaber Group launches new firm in UAE
zawya (press release) - Middle East,United Arab Emirates
"This company, that will be the biggest in the UAE, is a new addition to the Group's wide range of industries. The announcement came as a result of a joint ...

Nakheel, Trump Breaking News

Trump, Nakheel launch Palm project
AME Info - United Arab Emirates
US property mogul Donald Trump and Dubai-based developer Nakheel have launched the sale of their first joint venture, the Dhs4bn ($1.1bn) Trump ...

Nakheel eyes Dh110m in Trump International Hotel penthouse sale (Article Link Expired)
Emirates Business 24/7 - Dubai,Dubai,United Arab Emirates
Property developer Nakheel said yesterday it expects to sell a penthouse in the Dh4-billion Trump International Hotel & Tower on Palm Jumeirah for more than ...

MultiVu Video Feed: NAKHEEL AND DONALD TRUMP INTRODUCE THE TRUMP ...
PR Newswire (press release) - New York,NY,USA
On Monday, June 23rd, two of the world's leading developers - Nakheel and the Trump Organization - will come together to announce the global celebration of ...

The Trump Organization and Nakheel Sell Most Expensive Penthouse ...
Focus on Travel News - Istanbul,Turkey
Nakheel and the Trump Organization, two of the world's leading developers, are set to break property records in Dubai after receiving bids for an exclusive ...

Nakheel expands eco development initiative
ArabianBusiness.com - Dubai,Umm al Qaiwain,United Arab Emirates
by Dylan Bowman on Monday, 23 June 2008 SUSTAINABLE DEVELOPMENT: Nakheel has teamed up with the Gold Coast City Council on its Blue Communities initiative. ...

MultiVu Video Feed: NAKHEEL AND DONALD TRUMP INTRODUCE THE TRUMP ...
PR Newswire (press release) - New York,NY,USA
EMBARGOED: This is embargoed until 1 AM / ET on Monday, June 23 *** On Monday, June 23rd, two of the world's leading developers - Nakheel and the Trump ...

Dubai penthouse to fetch $30mn
ArabianBusiness.com - Dubai,Umm al Qaiwain,United Arab Emirates
Nakheel and the Trump Organisation have yet to reveal what the penthouse residences look like. (Supplied) The first penthouse to go on sale in the Trump ...

Nakheel, Trump join to sell most expensive penthouse in Dubai
GulfNews - Dubai,United Arab Emirates
Dubai: US real estate giant Trump Organisation and Dubai developer Nakheel have entered in a joint venture to sell the most expensive penthouse in Dubai. ...


UAE Real Estate News (Dubai, Abu Dhabi)

Limitless to participate at Real Estate Investment World Asia 2008
AME Info - United Arab Emirates
The project is a 50-50 joint venture with leading Russian developer RDI, and will accommodate around 12000 people Arabian Canal, Dubai, UAE: US$11 billion, ...

Countries with real estate exposure most at risk (Article Link Expired)
Emirates Business 24/7 - Dubai,Dubai,United Arab Emirates
In the region, UAE has the largest net foreign assets, followed by Saudi Arabia, Kuwait, Qatar, Bahrain and Oman at $600bn (Dh2,202bn), $450bn, $400bn, ...

The Dubai office of Clifford Chance LLP has advised Abu Dhabi ...
AME Info (press release) - United Arab Emirates
'This was our first opportunity to act on a debt programme for Abu Dhabi Commercial Bank PJSC, one of the largest retail banking franchises in the UAE. ...

Kuwait extends record rally, Abu Dhabi slips again
ArabianBusiness.com - Dubai,Umm al Qaiwain,United Arab Emirates
In Abu Dhabi, real estate companies paced the losses, dragging down the UAE capital's main index slightly. Aldar Properties and Sorouh Real Estate fell 1.13 ...

Sweet Homes Selling 40% Real Estate...

Sweet Homes sells 40 per cent of commercial and residential towers ...
Al-Bawaba - Amman,Jordan
Sweet Homes, a leading UAE-based developer and multi-service provider to the real estate sector, announced that it has sold 40 per cent of the seven ...