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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, October 4, 2008

Diyar Al Muharraq Begins at Cityscape Dubai 2008

Diyar Al Muharraq, one of the biggest mixed-use residential urban developments ever undertaken by the private sector in Bahrain, is going on the road, starting with Cityscape Dubai 2008, as the first in a series of key regional property exhibitions which will showcase the unique BHD1.2bn ($3.2bn) development.

AL-Dana Island Project at Cityscape Dubai 2008

Rakeen, a leading property development company in Ras Al Khaimah and the real estate development arm of the Ras Al Khaimah Government, has announced that it will unveil the new design of its Dhs60bn Dana Island project during its participation at Cityscape Dubai 2008, which will be held at Dubai International Exhibition Centre from October 6 to 9, 2008. ...

The Octagon to be Unveiled at Cityscape Dubai 2008

Dubai will soon boast its very own multi-sided landmark: The Octagon, which will be showcased to potential investors next week.
The latest in a string of stunning buildings in the city, The Octagon is a 50-storey mixed-use development located within the prestigious City of Arabia, the spectacular $5bn retail, residential, commercial and entertainment destination lying at the gateway to Dubailand. ...

Sama Dubai Shoecase 'Salam', 'Dubai Towers' and 'Urban Developments' at Cityscape Dubai 2008

Sama Dubai Participates in Cityscape Dubai 2008
Zawya (press release) - United Arab Emirates
Dubai-UAE: 04 October, 2008 - Sama Dubai, the international real estate investment and development arm of Dubai Holding, today announced it will showcase a model each from its three existing brands: 'Salam', 'Dubai Towers' and 'Urban Developments' at Cityscape Dubai 2008. The company's current portfolio of ground breaking projects is worth nearly AED202 billion (US$55.2 billion). The seventh edition of Cityscape Dubai will be held from 6-9 October ...

Tameer Holding Unveils New Skyscraper at Cityscape Dubai 2008

UAE's TAMEER unveils design of one of the world's tallest towers
Middle East North Africa Financial Network - Amman, Jordan
Leading realty developer, TAMEER HOLDING, will be unveiling the design of its 600 meter-plus, Sheikh Zayed Road skyscraper during this year's Cityscape in Dubai, following an intensive global design competition that brought several global offices of design firm, Atkins into competition against each other for the privilege of designing the landmark project. ...

Abu Dhabi's Projects Hits US$ 500 Billion

Abu Dhabi's real estate projects to hit US$500bn
Zawya (press release) - United Arab Emirates
Abu Dhabi, the richest city in the world, has seen its gross domestic product (GDP) soar from US$40.6 billion in 2002 to US$108.9 billion in 2007 (more than 8 per cent per annum). The booming real estate and tourism sectors are playing a significant part in this success story as the total value of announced projects in the capital inches towards the US$ 500 billion mark (AED 1.83 trillion). ...

Hyundai Heavy Industries Won $1.76 Billion Power Plant and Desalination Facility in Bahrain

Zawya
Korean industrial major and one of the world's leading shipyards, Hyundai Heavy Industries Co. said it has won a $1.76 billion deal to build a power plant and a desalination facility in Bahrain. The deal is in consonance with a consortium led by France's Suez Energy International. ...

Limitless Doubled its Global Project Portfolio at Cityscape Dubai 2008

Limitless Doubles up at Cityscape Dubai
Khaleej Times - Dubai, United Arab Emirates
DUBAI — Limitless has more than doubled its global project portfolio in the last year, and will showcase 11 developments, worth nearly $110 billion, at Cityscape Dubai 2008, compared to five at the 2007 event, the company announced on Thursday. The Limitless line up at this year's show includes two newly-announced projects: Rasuna Epicentrum, the $1.7 billion mixed-use development in Indonesia and World Island Resort, the US$350 million luxury hotel and villa complex in the UAE. ...

Real Estate Boom in Morocco

Morocco got it right!
MoroccoBoard.com - Alexandria, Virginia, USA
The real estate boom in Morocco that surprised even shocked many of us "Moroccans living abroad" is seen by many international firms dealing in real estate as a positive sign for a future shopping spree of the Europeans in the Moroccan market, they even compare it to the nineties boom in East Europe.