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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, August 22, 2008

Eric & Donald Trump Jr. Interviewed - Click Report

Chatting With the Trump Brothers
FOXBusiness - USA
This morning I interviewed two pretty well known brothers, the Trump brothers, Eric and Donald Trump Junior. It was my first time meeting Eric... Donald Junior has been overseeing another huge project for the Trump Organization, the Trump International Hotel and Tower in Dubai, It'sa 62 story hotel and residential building that they are developing in conjunction with Nakheel, a world renowned developer for larger than life projects ...

An Astonishing City in Dubai for Yachts and Pleasure Boats.

Zawya Dubai - United Arab Emirates
As Dubai's growth as a leisure destination is matched only by the wealth of its visitors, the emirate is set to create 20,000 marina berths over the next five years to accommodate yachts and pleasure boats.
Spread across 227 hectares, this manmade peninsula, near Port Rashid, will be home to more than 120,000 people, with a capacity for 1,000 leisure craft. ...Anchor Marina on The Palm Jumeirah, said the expected 200 per cent increase in berths would create 1,500 permanent jobs for IGY alone. ...Other features of the Industrial District will be 19 ship-repair plots, a 3,115m quay wall, 31 small dry berths, 11 large dry berths, a rail transfer system, a 1,720m wet berthing, shops, showrooms and canteens. ...

Dubai's Ziggurat Pyramid Project Taller than Burj Dubai

Eco-wonder: The Pyramid city
XPRESS - Dubai,Dubai,United Arab Emirates
By Derek Baldwin, Senior Reporter A proposed pyramid city for the Dubai desert will stand 1.2 kilometres in height, dwarfing the Burj Dubai – the tallest tower in the world – by hundreds of metres. ..."The pyramid will be more than a kilometre tall and will house one million people inside," a source close to the project told XPRESS. "It will be completely self-sustainable." ...In a statement, Ridas Matonis, Timelinks Managing Director, said: "Communities [Ziggurat] can be almost totally self-sufficient energy-wise. ... "A number of eminent professors will be on hand to explain the technicalities of how the Ziggurat project works and how these communities can be integrated in master projects." ...

£270m Dubai's Kensington Crystal Development to Sell 30% In October Launch

Kensington Realty flagship development 70% sold
Homes Overseas - London,UK
Dubai based developer, Kensington Real Estate, has announced that it has successfully sold 70% of its £270m Kensington Crystal development, located in Dubai ...
The remaining 30% of the developer's first UAE project will be sold at the official launch in Dubai later in October as well as other possible launches in London and India. The development is expected for completion in 2011. ...Kensington Real Estate plans to launch projects worth in excess of £2.5bn by 2011 across different countries, including Dubai, Africa, Qatar, Morocco, Australia and India.

Jumeirah Group Unveils Two Residental Projects in Dubai

Jumeirah Living unveils two residence projects
Zaywa - Dubai, United Arab Emirates
Jumeirah Group has unveiled two more projects under its Jumeirah Living serviced residence brand as part of its plans to capitalise on surging demand in Dubai. ..."Because we're a Dubai-based company, it's all about growth here first," Jumeirah Living's Group General Manager Julie Shields told Emirates Business. "We're looking to grow first in Dubai and then we will grow and expand with Jumeirah Group as a brand globally. ...

Select Property Announced £100m Apartments Scheme at Dubai Marina

Select to build new £100m block in Dubai
Manchester Online - Manchester,UK
OVERSEAS developer Select Property today announced a £100m apartments scheme in the Middle East which it said would help achieve its £800m sales target for this year. ...West Avenue will feature 251 studio, one and two-bedroom flats as well as shops and restaurants in the entrance lobby. ...Its other developments include the £1bn Aquitainia on The World, a Dubai offshore scheme. The World comprises 300 man-made islands four kilometres off Dubai. ...Select Property is also behind Pacific, a £368m residential project on Al Marjan Island in the neighbouring Emirate of Ras Al Khaimah....

Al Marjan Island: AED 1 Billion Contract Awarded

Joint Developers Select Group and Select Property Award the largest Construction Contract to date on Al Marjan Island
Al-Bawaba - Amman,Jordan
The Dubai-based luxury residential property developer, Select Group, today announced it had awarded its construction contract to the Ras Al-Khaimah based Construction Technology Contracting. (CTC)  for its Pacific project on the off-shore man-made development of Al Marjan Island. ...the world's foremost master planned waterfront development, Select Group Developments has undoubtedly raised the bar in the Dubai real estate industry. ...

Dubai Properties Investment to Reach AED 1 Trillion

Dubai Properties to double investment to $272bn
ArabianBusiness.com - Dubai,Umm al Qaiwain,United Arab Emirates
(ITP Images) State-owned Dubai Properties is set to almost double its real estate investment to 1 trillion dirhams ($272.2 billion) within the next five years... Mohamed Binbrek, CEO of Dubai Properties Group, said the company has 26 property plots still to be developed. ...The firm is also considering opportunities in Pakistan, Tunisia, Qatar, Uzbekistan, the Maldives and Madagascar, he said.

Salya Developments is Planning to Invest Dh5 Billion in 15 Projects.

Salya to invest Dh5bn to build 15 boutique projects in UAE
Zawya - United Arab Emirates
Salya Developments is planning to launch "affordable" boutique homes across the UAE by leveraging its long-term relationships with top European designer brands... Mario Valentino Boulevard, a mixed-use project in Downtown Jebel Ali. It plans to invest Dh5 billion in 15 projects by 2010 and build boutique resorts on the Finland and Brunei islands on The World.

The company has several other projects planned over the next four years, which include locations such as Dubai Marina, Bawadi, Tecom, Dubailand and Abu Dhabi. ...

Salya's Website address and contact details.

LEED Building UAE: Eco-Friendly Mall Planned

Dubai plans an eco-friendly mall
Economic Times - Gurgaon,Haryana,India
DUBAI: An eco-friendly mall, based on the standards of US Leadership in Energy and Environmental Design (LEED), is being built in UAE. The Mirdiff City Centre, a Majid Al Futtaim project, scheduled to open here next year has been designed with LEED standards to make the building sustainable. ...LEED Green building rating system, developed by the US green building council in 1998 provides a suite of standards for environmentally sustainable constructions. ...