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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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Friday, June 27, 2008

Aldar Delivering Al-Raha Residential Units

Aldar's realty portfolio worth $72b
GulfNews - Dubai,United Arab Emirates
He said Aldar has started delivering residential units at its Al Raha Beach development and delivery of residential units at Al Bandar will begin next year ...

Fairmont's new development in Oman.

Fairmont's new development in Oman.
4Hoteliers - Wanchai,Hong Kong
"With other hotel projects currently underway in dynamic locations like Saudi Arabia, Abu Dhabi, and Dubai, Fairmont is poised to offer a truly distinctive ...  announcing that it will soon manage Fairmont The Wave,

With an expected construction phase ... of the Gulf of ... first project within the ... The project is a joint venture between ... Investments, ... Company, and the UAE-based ... Group.

Fairmont The Wave will be a mixed-use beachfront property located ..., which will allow guests and visitors access to an extensive coastline and exquisite gardens. Positioned next to a ...18-hole championship golf course, the resort will offer more than ...


"Selecting the right partners ...,"said Tom Storey, President, Fairmont Hotels & Resorts. "With other hotel projects Saudia Arabia, Abu Dhabi, and Dubai, Fairmont is ... to travelers to the region."

The joint venture ... to Fairmont ... both parties. "Fairmont is the perfect ...for this project," stated Nick Smith, CEO, The Wave, Muscat. " As a leading global ..., they bring a new and exciting dimension ... hospitality."

Fairmont The Wave is the most recent project ... in the Middle East and Africa and joins other ... Fairmont Mount Kenya Safari Club (2008), Fairmont Nile City, Cairo (2008); The Makkah Clock Royal Tower, A Fairmont Hotel, Saudia Arabia (2008), Fairmont Palm Island, Dubai (2009); Fairmont Zimbali, South Africa (2009); a Fairmont hotel at the Marina City Development in Abu Dhabi (2011) and Fairmont Kingdom of Sheba, Dubai (2011).

A leader in the global ... which includes iconic landmarks like Fairmont Singapore, Fairmont Le Montreux Palace in Switzerland and New York's The Plaza. Fairmont hotels are one-of-a-kind properties ... to the destination.

Situated in ... areas in the world, Fairmont is committed to ... award-winning Green Partnership program. Fairmont's portfolio includes 56 distinctive hotels, with plans to develop over ... as diverse as Shanghai, Abu Dhabi and Anguilla.

 

Khor Al-Raha Residential Development

Capital investments
Khor Al Raha is a gated community of freehold apartments, townhouses and villas. Khor Al Raha is divided into a mainland development and private residential ...

Carillion Order & Nakheel Plans

Carillion bags $2.2bn Middle East orders
ArabianBusiness.com - Dubai,Umm al Qaiwain,United Arab Emirates
... won contracts that include a business park being developed by the Dubai Multi Commodities Centre Authority, and infrastructure work on the Burj Dubai, ...

Nakheel plans a foreign push
The National - Abu Dhabi,United Arab Emirates
It would eclipse Burj Dubai, developed by its rival, Emaar, and cement the position of the Gulf region's commercial centre as an international hub. ...

Nakheel plans foreign push
Peninsula On-line - Qatar
Quek said the company is mulling plans to build a tower that would be "higher than the competition", to eclipse rival Emaar Properties' Burj Dubai and ...


News UAE Real Estate News

Abu Dhabi named 'world winning city in the making'
AME Info - United Arab Emirates
A recent report by real estate services company Jones Lang LaSalle named Abu Dhabi as a world winning city in the making, predicting that the UAE capital ...

House of Patel's US$25 million 'Natasha Riverdale' project - 75 ...
Al-Bawaba - Amman,Jordan
Patel Real Estate Developers (PRDPL), the real estate arm of 'House of Patels', one of India's leading business conglomerates has announced that it has sold ...

Bloom launches luxury development on Abu Dhabi's Eastern Mangrove ...
Al-Bawaba - Amman,Jordan
Bloom Properties is the joint real estate development arm of Emirates International Investment Company and National Holding, with headquarters in Abu Dhabi. ...

Hydra Properties showcases its iconic projects at Asian ...
AME Info (press release) - United Arab Emirates
... UAE Minister for Foreign Trade, HE Mr. Jong-Hwan Chong, South Korean Minister for Land, Transport and Maritime Affairs, and a host of real estate ...

Abu Dhabi Master Plan

Free bus journeys in Abu Dhabi
The National - Abu Dhabi,United Arab Emirates
Major road improvements, plans for tram services, a metro system and water taxis are under consideration to be included in a Surface Transport Master Plan ...

Dubai Properties Expansion

Dubai Properties draws keen interest of strategic investors and ...
AME Info (press release) - United Arab Emirates
Dubai Properties, leading master developer and a subsidiary of Dubai Properties Group, has announced its resort type residential complexes are attracting ...

Structural marriage: Metro won't block creek
XPRESS - Dubai,Dubai,United Arab Emirates
As many as 11 million cubic metres of sand and dirt were excavated by developers Dubai Properties as part of the Dh484-million creek extension project. ...

Emaar Contract Deals: 630 Millions

Emaar EC assigns cooling works worth Dh630mn for Saudi Arabian ...
Gowealthy.com - Dubai,United Arab Emirates
Emaar The Economic City (Emaar EC), a subsidiary of Dubai-based Emaar Properties, assigns City Cool, a leading district cooling provider, ...

Saudi Arabia- Emaar ME, STC sign deal
Middle East North Africa Financial Network - Amman,Jordan
(MENAFN - Arab News) Emaar Middle East (EME) has signed an agreement with Saudi Telecom Company (STC) for implementing the communication infrastructure in ...

Emaar awards Dh630m contract to City Cool
Khaleej Times - Dubai,United Arab Emirates
By a staff reporter DUBAI — City Cool LLC, has signed an Dh630 million agreement with Emaar The Economic City (Emaar EC) to provide state-of-the-art ...

City Cool in Dh630m deal for Emaar's Saudi project
GulfNews - Dubai,United Arab Emirates
Dubai: City Cool, a leading district cooling provider and a subsidiary of Al Rajhi Investment Group, has signed an Dh630 million agreement with Emaar The ...

Dubai Real Estate Mini Updates

Mamie Gummer Lands a Campaign; Gianfranco Ferré Dives into Real Estate
New York Magazine - NY, USA
[WWD] • Gianfranco Ferré SpA is getting into real estate. The fashion house has partnered with a Dubai-based real-estate firm to develop and design property ...

Tameer and ThinkSpace real estate broker join hands in exclusive ...
AME Info (press release) - United Arab Emirates
... business and lifestyle facilities that new Dubai has to offer. Tameer has established itself as one of the dominant forces in the regions real estate ...

Artist's rendition of the Club at The Tiger Woods real estate ...
Gowealthy.com - Dubai,United Arab Emirates
Located at Dubailand, The Tiger Woods Dubai real estate development is fast taking shape as an exclusive golf community encompassing a ...


Aldar: Yas Island Formula 1

Abu Dhabi dream closer to reality
crash.net - UK
ALDAR Developments is currently busy working on the new Yas Island project, which is now scheduled to play host to the first Formula 1 event in Abu Dhabi on ...

New Project in Dubai

55 degree Time Dubai gears up to break new grounds in real estate ...
Gowealthy.com - Dubai,United Arab Emirates
Fifty Five degree Time Dubai, the winner of the international CNBC award for best "High Rise" architecturally designed real estate project of 2007, ...

Tameer and ThinkSpace real estate broker join hands in exclusive ...
Zawya - United Arab Emirates
... as the exclusive representatives of this exciting and important new project. Managing Director of Tameer's Dubai Business Unit, Abdul Hamid Moukayed, ...

Dubai 'shape-shifting skyscraper
CNN International - USA
He said developers and public officials in Canada, Europe and South Korea had also expressed interest in the project. But some have expressed skepticism. ...

The buildings, they are a changin'
China Daily - China
But currently he has no firm plans for such a project. "I call this building a machine for living," he told a news conference at New York's more ...

Bollywood in Dubai: Corporate handshake
XPRESS - Dubai,Dubai,United Arab Emirates
So it'sa one of a kind project? Yes. Though Bollywood is the world's second largest film industry and has a strong fan base in Dubai, no one has ever ...

Al-Reem Island Property Profile

Abu Dhabi property prices 'certain' to rise further
Homes Overseas - London,UK
... are looking at property for sale in Abu Dhabi, following the launch of landmark projects such as the Saadiyat, Yas Island, and Reem Island developments. ...

Reem Island .TV's Profile | reemisland.tv
reemislandtv,Abu Dhabi. Reem Island is a huge natural Island that is located off the coast of Abu Dhabi. It will consist of both residential and commercial ...

Al Reem Island - Property Details - ArabianBusiness.com
Largest Middle East property website to find property online, Including updated Property News,Dubai Properties & Property Details of Al Reem Island,Full ...

Nakheel Plans Oversees

Nakheel plans overseas push
AME Info - United Arab Emirates
Dubai-based developer Nakheel is planning big investments in listed property firms in Asia, the UK and US to take advantage of bargains that are available ...

Dubai Palm Islands Profit Expansion

Dubai's palm island developer eyes big expansion
Reuters - USA
By Jason Benham DUBAI (Reuters) - The developer of palm shaped islands off Dubai is looking to buy major listed property firms in Asia, the United Kingdom ...

Dubai's palm island developer sees profit booming
Reuters - USA
By Ola Galal DUBAI (Reuters) - Dubai state developer Nakheel sees price increases for construction materials slowing to 10 percent from 30 percent due to a ...

UAE Real Estate Updated

Two thirds of UAE freehold properties are foreign-owned: Dubai ...
Gowealthy.com - Dubai,United Arab Emirates
Two out of three freehold properties in the UAE are bought by foreign investors who live outside the country, said a Dubai-based leading real estate firm, ...

Cityscape China 2008 opens today to the global real estate industry
Antara - Antara,Indonesia
Meydan LLC, one of the key exhibitors at Cityscape China 2008, will highlight UAE's incredible new iconic horseracing development opening in 2010. ...

UAE banks won't be able to repeat 2007 performance (Article link Expired)
Emirates Business 24/7 - Dubai,Dubai,United Arab Emirates
A sustained real estate boom along with an upsurge in other local sectors will boost the net earnings of local UAE banks in 2008 although their profit ...

Under-mortgaged UAE failing to keep pace with property market
Kipp Report - Dubai,United Arab Emirates
Despite the UAE's well-documented real estate boom, and the public's clamor to get on the property ladder, the country remains hugely under-mortgaged, ...

Emaar Properties Expands Dubai Portfolio

Emaar Properties expands residential portfolio in Dubai with ...
Zawya - United Arab Emirates
Emaar PropertiesEmaar Properties pioneered the concept of master-planned communities in Dubai with Emirates Hills in 1999. Since then, the company has been ...