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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, July 4, 2008

Saadiyat Island: ATCO Building Camp for 20,000

ATCO building camp for 20000
Calgary Herald - AB, Canada
However, Saadiyat Island is just one focus of the astounding pace, scope and value of development in the Middle East region, which is benefitting from ...

Canada: ATCO signs massive deal
Ottawa Citizen - Ontario, Canada
... construction village that will house workers building the $27-billion Saadiyat Island tourism and cultural project in the United Arab Emirates. ...

Al Qudra Real Estate Selling Lilac Tower at Shams Abu Dhabi

Al Qudra will offer for sale 50-storey tower in capital
Zawya - United Arab Emirates
Lilac marks the third and final sales offering of the Shades project located in the heart of Shams Abu Dhabi, a project master-planned by Sorouh. ...

Al Qudra will offer for sale 50-storey tower in capital
Khaleej Times - Dubai,United Arab Emirates
ABU DHABI - Al Qudra Real Estate will offer for sale Lilac Tower, a part of the Shades Project consisting five skyscrappers, located in Shams Abu Dhabi, ...

Al-Raha Beach: Al-Lissaily

Al Raha Beach : Gowealthy.com
Al Lissaily: This is a uniquely considered precinct that encapsulates the water features of Al Raha Beach to create an enticing series of heritage waterside ...

Al-Mamoura Abu Dhabi Open For Business

ALDAR: Al Mamoura Open for Business
Mar 16, 2008 ... Al Mamoura Open for Business. State Of The Art Office Development Gears up to Welcome Tenants. Abu Dhabi, United Arab Emirates, ...

Mada'in Lunches Project at Dubai Marina

Mada'in launches Dh400m project in Dubai
Zawya - United Arab Emirates
Madai'n recently launched a Dh1.25 billion development, Marina Arcade in Dubai Marina. The opinions of the authors expressed herein do not necessarily state ...

Mada'in Properties embarks on commercial development
Khaleej Times - Dubai,United Arab Emirates
The company recently launched a mixed-use development, the Marina Arcade at Dubai Marina. The statement said The Domain, whose commercial units start at 39 ...

Mada'in launches 'The Domain'
Trade Arabia - Manama,Bahrain
... company's first foray into commercial developments, and followed the recent launch of its iconic mixed use development, Marina Arcade at Dubai Marina. ...

Mada'in Properties announces launch of unique commercial ...
Zawya - United Arab Emirates
... company's first foray into commercial developments, and followed the recent launch of its iconic mixed use development, Marina Arcade at Dubai Marina. ...

ALDAR Construction On Al-Raha Beach

ALDAR Construction on Al Raha Beach ahead of schedule
"Once the land is formed, we can start progressively constructing on several precincts such as Al Zeina, Al Bandar and Al Wateed, which will be managed by ...

ATCO Work on Saadiyat Island Abu Dhabi

ATCO to work on housing 20000 in Abu Dhabi
CBC.ca - Toronto,Ontario,Canada
A unit of the ATCO Group is going to work with a large local company to build housing for 20000 temporary workers building the Saadiyat Island project off ...

Nakheel's Waterfront & Palm Jabel Ali

Nakheel's Waterfront & Palm Jebel Ali awarded top ISO ...
AME Info (press release) - United Arab Emirates
(Left to right): Matt Joyce, Nakheel Managing Director, Waterfront; Marwan Al Qamzi, Nakheel Managing Director, Palm Jebel Ali; Paul Simpson, ...

UAE Real Estate News

Durar unveils Dh250m project in Dubailand
GulfNews - Dubai,United Arab Emirates
Durar 1 is a joint venture project between Durar Real Estate and Abu Dhabi developer, Ali and Sons. Durar 1 is due to be completed in December 2009. ...

Sorouh backs Arabians in Europe
GulfNews - Dubai,United Arab Emirates
Abu Dhabi: Sorouh Real Estate has stepped in to support the UAE Equestrian and Racing Federation's purebred Arabian and thoroughbred races and exhibitions ...

Emirates NBD invites private banking clients to attend Royal Ascot
Business Intelligence Middle East (press release) - United Arab Emirates
At the London office there is a particular emphasis upon real estate and we have a specialist real estate investment team dedicated to providing a one-stop ...

Al Seef District Resort Project News

Ithmaar Development Company top sponsor
Gulf Daily News - Manama,Bahrain
... the $1.5bn Aljazayer Beach Resort project and the $175 million office tower and family-oriented hotel development to be located in the Seef District. ...

Dubai Properties Escalate

Dubai Properties. woos Harrod customers
Trade Arabia - Manama,Bahrain
Dubai Properties, in association with Harrods, London's most prestigious department store, is offering UK investors and consumers an exclusive opportunity ...

Outlook to deter property buyers
GulfNews - Dubai,United Arab Emirates
Hashim Al Dabal, chairman of Dubai Properties, said, "My anticipation is that prices will escalate further due to cost escalation of building materials. ...

Saadiyat Island Abu Dhabi Construction Projects

ATCO Structures Partners in 20000-Person Abu Dhabi Construction ...
Market Wire (press release) - USA
The new facilities position the company for future phases to supply modular building solutions for the Saadiyat Island construction project and for other ...

Saadiyat Island Project Abu-Dhabi

ATCO Structures Partners in 20000-Person Abu Dhabi Construction ...
Market Wire (press release) - USA
The new facilities position the company for future phases to supply modular building solutions for the Saadiyat Island construction project and for other ...

Emaar Lunching New Projects

Dubai's Emaar subsidiary launches residential village in Saudi Arabia
Gowealthy.com - Dubai,United Arab Emirates
Emaar Middle East, the subsidiary of UAE-based real estate development, Emaar Properties, has launched it's second residential village in its Al Khobar ...

Emaar EC launches 2nd phase of Esmeralda in Riyadh and Jeddah
Middle East North Africa Financial Network - Amman,Jordan
To mark the beginning of the sale on June 10, 2008, Emaar.EC hosted a special lifestyle event on June 7 at the Prince Sultan Ballroom in Al Faisaliah Hotel, ...

Bourse issues are reviewed
Gulf Daily News - Manama,Bahrain
MANAMA: The Emaar Economic City (Emaar EC) has partnered Capri Capital Partners to develop a 7.5 billion Saudi riyal ($2bn) mixed-use project in the King ...

Dubai Real Estate Growth & Prices

Real estate prices likely to come down next year
Khaleej Times - Dubai,United Arab Emirates
He said the prices of real estate in Dubai would continue to go up, with the rate of advance in prices accelerating to a level not seen since 2004. ...

UAE's real estate and construction sectors are expected to grow at ...
Gowealthy.com - Dubai,United Arab Emirates
Sheikha Lubna Al Qasimi, UAE Minister for Foreign Trade said that UAE has become a preferred venture for real estate investments in the Middle East at the ...

Real Estate Investors May Resort to Prayer
New York Sun - United States
The purchaser was a joint venture of Boston Properties; a partnership managed by Goldman Sachs, US Real Estate Opportunities I LP, and a Dubai-based private ...

New Projects Lunched in Dubai

Hochtief wins orders worth 340 million euros in New Zealand, Dubai ...
Forbes - NY,USA
ESSEN, Germany (Thomson Financial) - Hochtief AG. said it has won three orders worth about 340 million euros for projects in New Zealand, Dubai and ...

UAE- Durar Properties discuss terms for project financing
Middle East North Africa Financial Network - Amman,Jordan
Miqdadi said the new projects would be launched as soon as their construction begins. "We don't launch before we start the construction," he stressed in a ...

Balfour Beatty bucks the downturn trend
Telegraph - United Kingdom
Since then, a $330m North Toll Project in San Antonio, Texas, has been secured and the group declared preferred bidder for the M25 Public Private ...

Arabian Canal Project: What a waterway!
XPRESS - Dubai,Dubai,United Arab Emirates
Billions of dirhams in new marine projects are buoying demand for marine facilities, says a Dubai-based engineering firm. Septech said that with canals, ...

Jumeirah Garden City: Venice of the East
XPRESS - Dubai,Dubai,United Arab Emirates
The area has been earmarked for a multi-billion dirham transformation project that aims to change the landscape of Dubai in dramatic fashion. ...

Leighton units bag $550m contracts
The Australian - Sydney,Australia
Al Habtoor Leighton, which is based in Dubai, won a contract worth $214 million to construct two residential towers in the Gulf state. The project, due to ... 

Dubai property prices tipped to fall next year
Birmingham Star - Birmingham,AL,USA
After a 78% increase in prices in the past year, housing units in Dubai are tipped to fall back to 2007 levels. Considerable new supply is expected to come ...

Nakheel Resorts & Hotels

Cirrus to construct Dh5b five-star resort in Nakheel's Canal District
GulfNews - Dubai,United Arab Emirates
"The building will be designed to comply with the LEED Gold environmental and sustainability standards which Nakheel has set for the Canal District. ...

Nakheel Hotels breaks ground for W Bangkok hotel property
Gowealthy.com - Dubai,United Arab Emirates
Nakheel Hotels, hospitality subsidiary of Dubai-based real estate developer Nakheel, held the ground-breaking for the new 400-room W Bangkok Hotel along ...

Saadiyat Island

Bids submitted for Saadiyat resort
MEED - Dubai,United Arab Emirates
... Company (TDIC) has received bids from at least two local companies to build a resort on the North Beach of Saadiyat island in Abu Dhabi emirate. ...

UAE Real Estate Faya Business Tower

UAE- Faya Investments to develop Faya Business Tower
Middle East North Africa Financial Network - Amman,Jordan
Faya aims to fill the gap in Sharjah's real estate sector with a range of new projects in various sectors, including the real estate sector, with special ...

Investate enters London Market
Al-Bawaba - Amman,Jordan
Tapping into the London real estate market at an opportune time, Investate Realty BSC (c) one of the most innovative and fastest growing real estate ...