Real Estate News Alert Headline Animator

Real Estate News Alert

↑ Grab this Headline Animator

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.


Bookmark and Share

Bookmark this site to your favorites or any other site you prefer using the bookmark button, or read the latest Article.

Tuesday, August 19, 2008

Nakheel's Officials Visiting USA

Nakheel delegation to visit USA
Zawya Dubai, United Arab Emirates
Dubai, 19 August 2008: Nakheel, a Dubai World company and one of the world's largest and most innovative real estate developers, is scheduled to pay a visit to the United States on 22 August to meet with a number of top US developers and investors seeking investment opportunities in Dubai. ...It is also developing the first Worlds of Discovery theme parks outside of the US, with SeaWorld, Aquatica, Busch Gardens and Discovery Cove set to provide major attractions on Palm Jebel Ali by 2012. ...

90 Degree Twist Tower by Cayan at Dubai Marina AED 1 Billion

Currie & Brown mixes it up at Cayan-developed Infinity Tower in Dubai Marina
AME Info (press release) - United Arab Emirates
... Currie & Brown oversaw the continuous pouring of 7000m3 of concrete to create the 3m thick basement raft slab, including 1900 tonnes of steel reinforcement, that will support the iconic Infinity Tower currently under construction at Dubai Marina. ...Cayan Investment and Development to build the world's tallest tower featuring a 90 degrees twist. ...Commenting on the challenges that the unique design presented, Ahmad Kasem, Development Director at Cayan Investment & Development praised the team involved saying: "Infinity Tower presents unique and complex challenges to everyone involved in this magnificent project. ...

is a skyscraper under construction by Palma Real Estate in Dubai, United Arab Emirates. Construction of the 330 metres (1,083 ft) building began in February 2006 and when completed in 2009 will have 80 stories and be the world's tallest high rise building with a twist of 90˚. The official web site of Infinity Tower

 

Casamia Sells 25% of Tulips Residence Project - AED 180 Million

Casamia Star sells 25% of AED 180 million Tulips Residence project
Middle East North Africa Financial Network - Amman,Jordan
Dubai, August, 2008: Casamia Star Gesamplanung Real Estate, the leading German Developer and Broker, today announced that it has sold 25 per cent of the AED 180 million Tulips Residence project within a short span of 15 days. The project, located at Marmooka City, Ajman, is being developed by top Chinese developer and real estate company Best Eastern Group... In his comments, Mr. Israr Yousaf, Managing Director of Casamia Star, said: "The remarkable sales of the Tulips Residence project echoes the strong demand for quality real estate project in the UAE ...

RERA: Dubai Lagoon Project Started

Stalled Dubai Lagoon project to go ahead, says Rera
The National - Abu Dhabi,United Arab Emirates
Dubai Lagoon, a stalled Dh3 billion (US$817 million) residential project, will go ahead, the Dubai Real Estate Authority says, dismissing earlier reports that the development had been cancelled. ..."The project, which was initiated before the launch of Rera, saw some delays," said Marwan Bin Ghalita, the chief executive of Rera, in response to a flood of complaints over the lack of progress. ...

Dubai Real Estate Mortgage Law

Dubai issues mortgage law to regulate sector
Trade Arabia - Manama,Bahrain
The ruler of Dubai has issued a new mortgage law as part of moves to regulate the emirtae's booming real estate sector, the chief executive of the Real Estate Regulatory Authority said. ...the new law regulates the mortgage process in an effort to protect the rights of lenders and borrowers and improve transparency, Marwan Ahmed bin Ghalita said on Tuesday. ...

Al Habtoor Wins AED 15m Damac Properties Contract

DAMAC Properties Awards over AED 15m Enabling Works Contract for Executive Bay
Zawya - United Arab Emirates
Dubai, Aug 18 th , 2008: DAMAC Properties -
the luxury lifestyle provider and Middle East's largest private sector master developer - has awarded over a AED 15m enabling works contract for Executive Bay located in Business Bay. The enabling works commenced on 21st July 2008 and has been awarded to Al-Habtoor Engineering enterprises - one of the leading names in construction in the region.

DAMAC Properties is part of DAMA Holdings, it was established in 1995 and has grown into one of the most successful residential, leisure and commercial developers in UAE, Dubai and the Middle East, and is expanding rapidly into North Africa, Jordan, Lebanon, Qatar, Saudi Arabia and the Far East.

Union Properties: New Project Plans, $7 Billion

Union Properties eyes $7bn in projects
Trade Arabia - Manama, Bahrain
Dubai-listed Union Properties plans to launch 25 billion dirhams ($6.81 billion) of new projects soon, after boosting its land bank in partnership with the Dubai government, its chief financial officer said... Union Properties told Reuters last week it planned to borrow $1 billion by the end of the year to help finance projects ...

4C Controls Strategic Alliance with Sire Contracting Company

4C Controls Announces Strategic Alliance with Sire Contracting Company to Provide Security and Surveillance Solutions for Large Scale Development Projects in UAE
Business Wire (press release) - San Francisco,CA,USA
4C Controls Inc. (OTCBB: FOUR.OB) today announced it has entered into a strategic alliance with Sire Contracting Company in Dubai, United Arab Emirates. Under the terms of the alliance, 4C Controls will be the exclusive provider of high technology security and surveillance solutions for all of Sire's current projects, ...4C Controls also expects the potential value of the contracts to increase due to anticipated synergy with other new projects in Dubai. ...

Al-Yousuf Group Stratigic Partnership with ZAP - Electric Cars

$68 Million in Kentucky Manufacturing Incentives Fast Tracks Electric Vehicle Talks at ZAP Headquarters With Integrity Manufacturing
CNNMoney.com - USA
ZAP is also developing a new generation of vehicles using lithium batteries. The Company recently announced a strategic partnership with Dubai-based Al  Yousuf Group to expand its international vehicle distribution. ZAP also makes an innovative, new portable energy technology that manages power for mobile electronics from cell phones to laptops. ...

Al Yousuf Group Provides a $10 Million Financing Arrangement for ZAP

SANTA ROSA, California, USA and DUBAI, UAE (August 5, 2008) – Electric vehicle manufacturer ZAP (OTC BB: ZAAP) announced that the Al Yousuf Group, a Dubai-based conglomerate and investor, is providing a $10 million financing arrangement for future working capital enabling ZAP to meet growing demand for its electric vehicles. ...ZAP has been a leader in advanced transportation technologies since 1994, delivering over 100,000 vehicles to consumers in more than 75 countries. ZAP is positioning its business at the forefront of fuel-efficient transportation with new technologies including energy efficient gas systems, electric, hybrid and other innovative power systems.

Atrium Gold Towers - Dubai Ceremony

Earth Developers LLC performs ground breaking of Atrium Gold Towers at Dubai Silicon Oasis
AME Info Mon, 18 Aug 2008
Earth Developers LLC, the real estate division of Al Abbas Group - one of the oldest business houses in the country, performed the groundbreaking ceremony of Atrium Gold Towers launched in March 2008, their second project in Dubai Silicon Oasis following the tremendous success of the Group's premier project Lynx. ...Atrium Gold Towers which comprises three unique towers - the Atrium Gold Residency Tower, the Atrium Gold Business Tower and the Atrium Gold Executive Tower, was held in Dubai Silicon Oasis. ...

Emaar's New Project Mushrif Heights

Emaar widens its property portfolio in Dubai with Mushrif Heights
Gowealthy.com - Dubai,United Arab Emirates
Emaar Properties launches the eco-friendly Mushrif Heights, a Dh12 billion project, burgeoning Emaar's rich property portfolio in Dubai including Downtown Burj Dubai, Arabian Ranches, Emirates Living, Dubai Marina and Warsan Estate. ...Mushrif Heights property is located near Al Awir and is in close proximity to Mushrif Park, allowing easy access to Dubai's business hubs...

Nakheel's Blue Communities - $100 Billion Waterfront Investment

Over USD 100 billion poured in Gulf waterfront projects as study reveals growing population in coastal communities
Arabian Business - Dubai, United Arab Emirates
The Arabian Gulf is currently witnessing over USD 100 billion worth of investments in waterfront developments, in tune with ongoing global trends as indicated by recent studies that reveal up to two thirds of the world's population living in coastal communities and a large amount of developments taking place in waterfront areas. ...Al Fara'a Properties has pledged its support for the 'Blue Communities', a model that effectively manages building communities within the coastal areas. ...In conjunction with the Al Fara'a Construction, Industrial and Property Group, Al Fara'a Properties has played a major part in significant community-related activities ...

Nakheel Staff Gets Training by Apix Consulting Ltd (Middle East)

Glenn to head Dubai growth
nebusniess.co.uk- UK
TEESSIDE boss Glenn Ridsdale has revealed plans to build a sister business on the back of the world's largest manmade development that aims to transform 81 million square meters of desert and sea into a thriving international community. ...Apix ME (Middle East) will run a training centre on behalf of private developer Nakheel, which owns a 51% stake in the Waterfront scheme which will extend... The volume of construction work is set to continue for at least the next 20 years," said Mr Ridsdale. ...The Dubai Waterfront scheme will consist of a series of zones with mixed use including commercial, residential, resort, and amenity areas, described as "a world-class destination for residents, visitors and businesses in the world's fastest growing city" ...


Apix Consulting Ltd provides Safety, Health and Environmental business support to individual clients and large, corporate organisations, globally from their offices in the UK and the UAE.