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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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Wednesday, August 27, 2008

Nobles Investments Launched by Former Chief of Tameer

Former chief of Tameer launches Dh4b realty firm
GulfNews - Dubai,United Arab Emirates
Dubai: Omar Ayesh, former chief executive of Tameer Holding, has launched Nobles Investments, a Dh4 billion real estate development company in Dubai, ... Nobles Investments is committed to attracting the best industry talents who are destined to share the glory of Nobles' success story as part of the team. ...

 

Stein Hotels $250 Million to be Bought by Dubai-Controlled KOP Capital

Dubai-controlled KOP buys $250 mln Stein hotels stake
Reuters - USA
SINGAPORE (Reuters) - Singapore-based KOP Capital, controlled by the emirate-owned Dubai Group, will buy a 50 percent stake in European hotel chain Stein Group for $250 million, and spend about the same amount on new hotels in Asia

Chinese are Homing on Nakheel Property Developer

Chinese team tours Nakheel projects; praises quality and commitment
Al-Bawaba - Amman,Jordan
DP World, Dubai World's flagship global marine terminal operator today hosted a 17-member high-level civic delegation from Shanghai, China, led by His Excellency Han Zheng, Mayor of Shanghai. The high profile visit included meeting and talks with senior DP World and Dubai World officials and a tour of Nakheel's island developments. ...
 
China is also one of Dubai World's key overseas investment bases. DP World currently operates five marine terminals in China, including Qingdao Qianwan Container Terminal, ACT and CT3 in Hong Kong, DP World Yenta and Tianjin Orient Container Terminals. ...

Damac's New Corporate Identity - "Wish Fulfilment"

Damac unveils new corporate identity
GulfNews - Dubai,United Arab Emirates
By Natasha Marrian, Staff Reporter Dubai: Damac yesterday unveiled its new corporate identity with the theme, "wish fulfilment".

Re-branding Damac Properties has increased the private sector master developer's positioning as a luxury lifestyle provider to include a focus on the benefits of luxury and has differentiated it from its competitors, the company said yesterday.

Dubai Lagoon AED 1171 Billion : Schön Properties Signs Contract with Belhasa Engineering & Contracting Company

Schön Properties Signs AED 1171 Billion Contract with Belhasa Engineering & Contracting Company for Dubai Lagoon
Al-Bawaba - Amman,Jordan
Schön Properties, developers of the AED 3 Billion Dubai Lagoon Development, has signed an AED 1,171 billion contract with Belhasa Engineering and Contracting Company LLC (BHECC), to handle the construction of zones 3 and 6 of the exclusive mixed-use project. ...

 

"Smart Living" New Burj Dubai Boulevard Tower by Emaar Properties

Emaar Properties Unveils Smart Living With 18 Burj Dubai Boulevard Residential Tower
Emaar Properties will unveil one of Dubai's pioneering urban professional residential towers, designed by international architects and centrally located within Downtown Burj Dubai. A two tower complex, 18 Burj Dubai Boulevard elegantly incorporates curvilinear architecture, and is designed to maximize its spatial dimensions and is located on the vibrant Burj Dubai Boulevard. ...

Sale of homes at Tower 1 of 18 Burj Dubai Boulevard will be held from August 30, 2008, at Emaar Business Park and Emaar's Abu Dhabi Sales Centre from 9am to 6pm. Dubai and other Emirate residents wishing to buy from Emaar Business Park must register online, while Abu Dhabi residents can make their purchases on a first-come, first-serve basis at the Abu Dhabi Sales Center. Online registration begins on August 27, 2008 at emaar Several financial institutions are offering easy home finance options. ...

Currently open are three hotels in the area, Al Manzil, Qamardeen and The Palace, The Old Town which is directly connected to Souk Al Bahar, a shopping mall featuring Arabesque architectural elements. The area will feature a fountain that is envisaged as one of the world's finest water features integrating musical and attractive visual elements....