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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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Sunday, August 10, 2008

Future Real Estate Projects in Dubai Unveiled

DIRC to unveil six new projects in Dubai by early 2009
Zawya - United Arab Emirates
Dubai Investments Real Estate Company (DIRC), the real estate arm of Dubai Investments (DI), will roll out six new projects in Dubai by early 2009, ...

MAG Properties eyes Abu Dhabi, N. Emirates
Zawya - United Arab Emirates
"Driven by Dubai's frenetic and speculative real estate market, the UAE property market has seen unprecedented growth in recent years, easily outpacing the ...
 

Real Estate Investments AED 200 Billion

Abu Dhabi infrastructure and real estate investments to reach AED 200 Billion By 2012
Al-Bawaba - Amman, Jordan

Infrastructure and real estate investments in Abu Dhabi are expected to reach AED 200 billion by 2012, according to latest studies, as a result of the government's efforts to fill in the gap in the supply for residential units within the UAE capital. ... one of the leading real estate companies in Dubai, has identified high potential investment opportunities within the emirate in line with its regional ...

Ras Al-Khaimah Solar Power Energy Island

New dawn for energy market
The National - Abu Dhabi, United Arab Emirates
... The 85-metre circular solar panel is an incongruous feature on the otherwise empty salt plains and desert near Ras al Khaimah city but, as a potential part of the answer to the UAE's growing energy crisis, installations like it could soon become a common sight. ...Energy from the Desert, a 2006 study by Japanese researchers, calculated that within 36 years most Gulf nations would have the ability to meet 80 per cent of their energy needs with solar power. ...Due to start welcoming its first residents late next year, Masdar City will be powered largely by solar energy and eventually will be home to 50,000 people and up to 1,500 energy-efficient businesses. ...and Water Agency announced a competitive tender for "engineering consultancy services for a feasibility study for a solar power project in Dubai". ...Although RAK's solar islands will be floating at the cutting edge of green technology, neighbouring Ajman – like the rest of the region, hungry for power – last month announced plans to build the region's first coal-fired plant, due to open in 2012 ......

Allied Consultants Awarded $1.6 Billion Contract

Empower Awards Major Contract to Allied Consultants
Zawya - United Arab Emirates
Emirates Central Cooling Corporation (Empower) today announced it has signed a contract with Allied Consultants Ltd, a development consulting company, for ensuring the supply of 53,000 refrigeration tonnes (RT) of district cooling services to the Tijara Town development. ...The AED6 billion (US$1.63 billion) Tijara Town, located in Dubailand and developed by Dubai Properties, will be the first project in the emirate to offer ... Bin Shafar said: "Empower is highly selective about identifying the right partner for every project. We are delighted to offer this key contract to Allied Consultants, which has the wherewithal to implement major projects of this magnitude.

Dubai Residential Real Estate Report

Dubai Residential Real Estate Report Out Now Reuters
researchandmarkets.com has announced the addition of Dubai Residential Real Estate Report to their offering. ... Produced by MEED this report explores the forces behind the supply and demand cycle in the ever growing Dubai residential market.

Dubai's Aber Group Real Estate Investment Dhs1.5 Billion

Aber's portfolio in real estate sector touches Dh1.5 billion
Gulfnews - Dubai, United Arab Emirates
Dubai: Property developer Aber Group announced on Wednesday that its current investments in the real estate sector have touched Dh1.5 billion. ..."We have already signed a hotel operating management contract with Millennium Hotels and Resorts Middle East, which will manage Aber Group's newly-built...

About Aber Group: Aber Group is a prime developer of real estate projects in UAE and the Middle East region. Aber Group portfolio includes real estate development and promotion, financial services, civil contracting, and information technology.

Aber Group develops projects that range from luxury residential apartments to furnished hotel apartments, showrooms, commercial warehouse, villas to labour accommodations.

Projects Developed by Aber Group Includes: Dubai Arch Tower, Mazoon House, Al Mouhra Towers, Casa del Sol, Shaikh Khalifa City, DIP Warehouse, DIP Labour Accomodation, Sharjah Showroom, Sharjah Warehouse. For more information visit Aber Group website.

Dubai Airport Complex: $40 Billion Investment

Partnership role in Dubai airport revamp
Travel & Tourism News Middle East - Manama,Bahrain
The $40 billion new state-of-the-art Dubai airport complex will be financed through a private and government investment partnership, Dubai Airports chief executive officer Paul Griffith said recently. ...He also outlined the development and financing of Dubai World Central project. "As we expand and grow, clearly our income is going to increase and our ...