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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 11, 2008

Ras Al-Khaimah (UAE) Multi Million Dollar City

UAE to have brand new city
Economic Times - Gurgaon,Haryana,India
DUBAI: The emirate of Ras Al Khaimah in the United Arab Emirates (UAE) has started work on a brand new multi-million dollar city that will house 200000 ...

Depa secures order for eight new hotels in UAE
Khaleej Times - Dubai,United Arab Emirates
DUBAI - Depa Limited has secured orders for the complete fit out works for eight prestigious new five and four star hotels across the UAE as well as a ...

UAE's and Russian Economy

Russian economy flourishes like UAE's (Article Expired)
Emirates Business 24/7 - Dubai,Dubai,United Arab Emirates
Property giant Emaar bought UK estate agency Hamptons just in time for the market to slump, and acquiring the second-largest US housebuilder John Laing was ...


Dubai to Invest in Ethiopia's Mining, Trade, Agriculture and Rreal Estate

Dubai unveils $100 million Ethiopia investment plans
Reuters South Africa - Johannesburg,South Africa
Sultan Ahmed Ben Sulayem, head of the Dubai World delegation, said the Dubai government firm would invest in mining, trade, agriculture, real estate and ...

Dubai's Largest Real Estate and Property Projects News

Opening of world's biggest shopping mall sign of continued growth ...
Property Wire, UK -
... real estate and construction sectors. 'These have managed to defy current global trends. The Dubai Strategic Plan, which projects economic growth at an ...

Gowealthy.com
Sol Kerzner plans luxury hotel property on The World, Dubai
Gowealthy.com, United Arab Emirates -
Sol Kerzner, billionaire real estate tycoon and operator of destination resorts, has plans to develop 'One&Only' resort on 'The World' island, ...
Seven Tides Plans Largest Spa Projects in the Middle East
Middle East Events (press release), United Arab Emirates -
Dubai, UAE - July 8, 2008: Seven Tides, the independent Dubai-based holding company, which is contributing to the property industry through its hospitality ...

Emaar Towers Unvieled and Hampton Expands

Emaar Bawadi unveils towers project
ArabianBusiness.com - Dubai,Umm al Qaiwain,United Arab Emirates
by Peter Ward on Thursday, 10 July 2008 Emaar Bawadi has announced plans for the first residential apartments on the Bawadi strip - the Maysan Towers. ...

Hamptons expands into Monaco
AboutProperty.co.uk - London,UK
Hamptons - a subsidiary of Emaar Properties – will open the office as part of an affiliate agreement with Capital Real Estate (CRE), one of the leading ...

Aldar, Sorouh Real Estate Signs MOU With Noor Islamic Bank

Aldar, Sorouh sign deal with Noor
AME Info - United Arab Emirates
Dubai-based Noor Islamic Bank has announced that it has entered into a financing agreement with Aldar Properties and Sorouh Real Estate, two of Abu Dhabi's ...

Noor Islamic Bank signs MoU with Abu Dhabi's Aldar Properties and ...
AME Info (press release) - United Arab Emirates
Noor Islamic Bank PJSC (NIB) announced that it has entered into a financing agreement with ALDAR Properties and Sorouh Real Estate, two of Abu Dhabi's ...

Lulu, Al-Reem and Saadiyat Island Projects.

Al Badie, Mirvac joint ventures to develop real estate projects in ...
Gowealthy.com - Dubai,United Arab Emirates
The partners hinted that the island developments of Abu Dhabi, namely, Lulu, Saadiyat and Al Reem, are of particular interest for hospitality and property ...

Al Zorah’s Master Plan Dh220 billion ($60 billion) Development in Ajman.

Consultants named for $60bn Al Zorah
Trade Arabia - Manama,Bahrain
Following the Al Zorah's master plan produced and managed by Solidere International and the concept design stage completed by Dar Al-Handasah and COWI, ...

Reem Island Towers and Bridges Awarded

Hydra plans Twin Towers in Jumeirah Village (Article Link Expired)
Emirates Business 24/7 - Dubai,Dubai,United Arab Emirates
... where it has developed Hydra Waves. Hydra has recently unveiled two new projects, Hydra Avenue Towers and Hydra 55 Towers, on Al Reem Island in Abu Dhabi.

Nurol bags Reem Island bridges construction
SteelGuru - Gurgaon,Haryana,India
... Construction & Trading Company has won a USD 60.7 million bridge construction package for Sorouh Real Estate's Shams Abu Dhabi project on Reem Island. ...


Commercial Project Plans for Dubai Waterfront Project

CBI Properties plans commercial projects in Dubai Waterfront & Al ...
Gowealthy.com - Dubai,United Arab Emirates
CBI Properties, real estate development arm of Dubai-based Shami Group, has plans to launch commercial properties in Waterfront and Al Furjan, ...

Zaya Real Estate Company Building Dhs3 Billion Island Project

Zaya to build Dhs 3 bn Abu Dhabi project
GulfNews - Dubai,United Arab Emirates
Real estate company Zaya has launched a Dh3 billion island project called Nurai comprising 31 beachfront estates and 50 water villas located four kilometres from the Saadiyat Island, ... Zaal said the Nurai project will have a construction cycle of two to two-and-a half years. The island can either be reached by a helicopter or by private yachts, although Zaya will provide... Zaya Real Estate website

UAE Investment Fund Claims 75% of Chrysler Building

Abu Dhabi fund snaps up NY's Chrysler Building
AFP -
The cash-rich Abu Dhabi Investment Council has bought one of New York's best-known skyscrapers, the Chrysler Building, for a heady 800 million dollars... The remaining 25 percent stake in the skyscraper is owned by Tishman Speyer Properties, a privately held New York real estate firm. ... Investors from Dubai, Kuwait and Qatar bought the General Motors building, which is located on Fifth Avenue, last month for 2.8 billion dollars

Nakheel to Build City in Poland

Dubai developer to build new city in Poland for 50000
Polish Market - Warsaw,Poland
The investment is to be financed by Al Nakheel Properties. The same developer is currently building the World – a man-made archipelago of 300 islands ...


Polish official confirms project for 50,000 residents, refutes media reports on UAE developer

WARSAW. JULY 9. INTERFAX CENTRAL EUROPE - A document has been commissioned for the construction of a new town near south-eastern Polish city Chrzanow, which could house some 50,000 people, but it will not be built by United Arab Emirates developer Al-Nakheel Properties,... "A company is being created in Poland by a foreign investor specifically to run the project," Galuszka said... Interfax: a new town near south-eastern Polish city Chrzanowr...