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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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Saturday, July 19, 2008

UAE - AED 190 Billion Culture & Heritage Projects Planned

Culture & heritage projects in the UAE top AED 190 Billion
Zawya - United Arab Emirates
The UAE has a planned investment outlay of AED 190 billion in the cultural arena to spearhead positive cultural development and heritage  ...Abu Dhabi's Sheikh Zayed National Museum will be a key asset in Saadiyat Island's Cultural District proposition, which also includes the Guggenheim Abu Dhabi...

Award of phase II and III contract of Al Khail Road Dhs 1.9 Billion

Endorsing awarding Al Khail Road upgrading project phase II and ...
AME Info - United Arab Emirates
...the award of phase II and III contract of Al Khail Road upgrading project at a cost of Dhs1.29bn... It also comprises construction of a new road extending 9 km, thereby extending the existing Al Khail Road up to the interchange of Dubai Bypass Road, ...

Construction of New Pedestrian Bridges Including Al-Raha Beach

Speeding takes a heavy toll on capital's roads
Khaleej Times - Dubai,United Arab Emirates
Al Shamsi said the Abu Dhabi Municipality would build 12 pedestrian overbridges this year on the new Corniche and Al Raha beach, Al Semaha, Al Shahama, ...

USD 680 million Baccarat Hotel and Residences at Dubai Pearl.

Baccarat Hotel and Residences to Blend Classic French Chic with ...
MarketWatch - USA
...a consortium of investors led by Al Fahim Group, today announced it has signed an agreement with US-based Starwood Capital Group to develop... of world-class real estate projects that focus on offering a rich experience to our patrons. Dubai Pearl represents a landmark destination incorporating ...

M Holding: DHS 615 Million Investment In Mirdif - Dubai

M Holding, the property development arm of the Mundia Group, has ...
AME Info (press release) - United Arab Emirates
Senior company officials have further revealed plans to develop an Dhs3bn freehold community on the 421,657 sq. ft plot, located within Mirdiff and facing Mushriff Park. ...We are glad to announce our entry into the highly competitive Dubai real estate market, and we look forward to the successful realization of this project,' ...

Abu Dhabi Tunnel to Reem Island

The 3km tunnel to capital
Emirates Business 24/7 - Dubai,Dubai,United Arab Emirates
Abu Dhabi Traffic Police and the municipality have joined hands in the construction of... The tunnel will run just under Al Salam Street while a causeway will connect the new junction at the entrance of the tunnel with the 900-hectare Reem Island ... It includes the construction of 36 bridges and more than 20 tunnels in the capital and the new part of the city, which will house government offices, another town centre, houses, shopping malls and other facilities.

Dubai's New Projects: "Burj Al Fara’a" Lunched by Al-Fara'a Properties Group

Al Fara'a Properties launches AED 1 billion 'Burj Al Fara'a'
Dubai City Guide - Dubai,United Arab Emirates
Al Fara'a Properties, the flagship subsidiary of the Al Fara'a Construction, Industrial and Property Group, has announced the launch of the AED 1 billion 'Burj Al Fara'a', a state-of-the-art commercial tower located in the commercial business district of Jumeirah Village... The developer is poised to enter several high profile community developments, including Dubai Maritime City, Al Reem Island and Dubai Waterfront with plans ...

Indian Tycoon Sahara to Invest into UAE Real Estate Industry

Sahara India eyes UAE investment
GulfNews - Dubai,United Arab Emirates
Dubai: Indian conglomerate Sahara India Group said it will explore business opportunities in the UAE. ...Sahara India Group, which puts the market value of its assets at more than $50 billion, has diversified business interests  ...Sahara is a prominent player in the real estate industry of India and owns a huge land bank. It is developing 217 townships across India ranging from 100 ...

$9m Dubai Metro Project

Trade Arabia, Bahrain
Amana Contracting and Steel Buildings has been awarded a $9 million project to be constructed by SNC-Lavalin Gulf Contractors for the Tabreed Cooling Plant  at Dubai Metro's Project at Al Rigga in Dubai. ...Mohammed Al-Qarout, general manager at Amana Special Projects, said the civil architecture building for Dubai Metro Plant in Dubai was a prestigious project...