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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, September 13, 2008

Abu Dhabi's Metro Project 2009

Abu Dhabi Plans its Own Metro Project
Zawya - United Arab Emirates
Abu Dhabi - Experts in the Department of Transport (DoT) in Abu Dhabi are assessing the modalities of the metro project in the capital and will submit their final report in December this year, an official of the department told ?Khaleej Times on Thursday.

The department would reveal the details of the project, including the routes and frequency of trains, in January 2009, the official who spoke on condition of anonymity said. The railway system is expected to be ready by 2015. ...

Tiger to launch 'Ozean towers' at Waterfront Development

Tiger to launch 'Ozean towers' in world's largest waterfront development extending over an area of 121,500 square metres
Zawya - Dubai, United Arab Emirates
Tiger Properties, one of the region's longest standing real estate developers, is launching its latest project, Tiger Towers, in the heart of the Dubai Waterfront development. The twin condominium towers will be a landmark addition to the world-renowned development, incorporating all of the luxury and engineering innovation associated with Dubai's most sought after residences. ...

Rihan Heights at Arzanah Development Project - Sales Started

First phase of Arzanah sales have begun
The National United Arab Emirates
Abu Dhabi // Arzanah, the flagship residential project under development by a partnership between Mubadala and CapitaLand, launched its first phase of sales today.
The release of 14 villas and 800 apartments in the Rihan Heights section of the project for sale has commenced. Emiratis who registered at Cityscape will now have a chance to buy in at Arzanah, the developers said. Foreigners will not be allowed to buy into the development, as it is not in a leasehold zone. ...

Tunisia's Mediterranean Gate (Med Gate) Project Master Plan Approved

Tunisia Approves Master Plan for Med Gate
Alarab online - London, UK
Sama Dubai, the international real estate and investment arm of Dubai Holding, announced it has received the approval of the master plan for the US$25-billion Mediterranean Gate (Med Gate), a project that marks the strong partnership between Sama Dubai and the Government of Tunisia. ...

Representatives of Sama Dubai and senior Tunisian government officials formally launched the approved master plan for the project at the invitation-only reception.
With infrastructure work progressing on fast track since December 2007, Mediterranean Gate is scheduled for completion in 14 phases. ...