Deyaar to take Advantage of Current Cheap Property Prices

Deyaar ventures into master-planned community developments
GulfNews - Dubai, United Arab Emirates
Deyaar, the real estate subsidiary of Dubai Islamic Bank, is aggressively looking at developing master-planned communities and also expand globally as the current cheap price makes foreign properties and assets much lucrative, a top official said. ...

'The Realty Review 2008' London 29th & 30th November 2008

'The Realty Review 2008' to feature top real estate developers from UAE & India at London
Zawya - United Arab Emirates

With a view to promote the real estate potential of the UAE & India, ARC Lights, an international events firm with offices across India, UAE and UK, in association with London-based property investment and development company, Highworth Properties Ltd has conceived their very own exhibition brand, 'The Realty Review'; the first edition of which will be held in London on 29th & 30th November 2008 at The Park Plaza Riverbank hotel. ...

Three Prestigious Projects to be Launched by Avanti

Avanti to launch three prestigious projects
AME Info - United Arab Emirates
Avanti Holding has announced the launch of three projects at the same time, in Dubai. The news came to reaffirm the company's position as a key player in the real estate industry across the U.A.E.
The company already delivered to the market 6 other projects in the last two years in the UAE, the new projects, with a total value of Dhs1bn  ...

Eko Atlantic City Dream Project

Lagos to make Eko Atlantic Dubai of Africa
Nigerian Tribune - Ibadan, Nigeria
The Lagos State government has restated the commitment of the Babatunde Fashola administration to the realization of the Eko Atlantic City dream project which has been described as the Dubai of Africa when completed. ...

Cost of The Wave Doubled

Cost of The Wave, Muscat doubles to touch $4 billion
Zawya - Dubai, United Arab Emirates
The total cost of The Wave, Muscat - a mixed-used property project in the Sultanate of Oman - has doubled from $2 billion (Dh7.3bn) to $4bn since its launch nearly two years ago due to rising construction cost, a top company executive said.

Arab Investors Big Players in Europe's Commercial Property Markets

Gulf money sits on the sidelines - Real Estate
ArabianBusiness.com

Arab investors have long been big players in Europe's commercial property markets. Yet that may be about to change as the real estate market begins to slow.

London's west end, with its plush offices and 250 year-old Georgian town houses, has for years been high on the shopping list of wealthy Arab property investors, keen to get a firm foothold in what is one of the world's most sought-after real estate hot spots.

Key to Making a Successful Investment in the Property Market

Damac woes threaten to wobble real estate rep
kippreport.com

The key to making a successful investment in the property market is to treat the deal as a long-term investment, have patience, buy only quality products in strategic locations, and always go for a quality developer. ...Dubai's maturing real estate prepares to roll out sale-by-auction. ...

RTA Awards Roads & Bridges Contract

RTA Awards a Dh758M Contract of Roads & Bridges
Zawya - United Arab Emirates

Roads & Transport Authority - Mohammed Al-Munji: In a session chaired by H.E. Matar Al-Tayer, Chairman of the Board and Executive Director of Roads & Transport (RTA), the Board of Directors of the RTA endorsed awarding a contract of Roads & Bridges Network - Phase I - of Business Bay Canal Extension Project. …

Imdaad Power to Address Temporary Power Requirements for Projects and Industries

Jamal Abdulla Lootah, Imdaad Chief Executive Officer

Imdaad unveils Power division
Zawya (press release) - United Arab Emirates
Imdaad, Dubai World's advanced facility management service provider, unveiled its latest division Imdaad Power - set up to address temporary power requirements for projects and industries. The launch of the new division is aimed at enhancing the package of services Imdaad provides to projects in the field of engineering maintenance and consultations in facility and waste management. ...

Qatar Real Estate Development is Strong

Qatar real estate sector to weather downturn: expert
Gulf Times - Doha,Qatar

An international expert in corporate housing and serviced apartments remains bullish about Qatar and says the real estate segment in the country will weather the current global economic downturn.
"Qatar's fundamentals are very strong. This is an energy-rich country, which diligently uses its resources. ...

Norman Disney & Young (NDY) Expanding Global Influence from Dubai Office

Norman Disney & Young to work on Nakheel Harbour & Tower
AME Info

United Arab Emirates: Leading engineering firm Norman Disney & Young (NDY) is expanding its global influence with the launch of its Dubai office and the announcement that it will work on the landmark Nakheel Harbour & Tower project in Dubai. ...

Bur Dubai to Become an Island Upon Completion

Creek expansion to make Bur Dubai an island
GulfNews - Dubai, United Arab Emirates
The planned extension of Dubai Creek will create a complete inland waterway from Deira to Jumeirah, turning Bur Dubai into an island.

Dubai Creek, which starts from the Arabian Gulf near Al Shindagha in Bur Dubai, is currently 14km long and ends at Ras Al Khor Wildlife Sanctuary. ...