High Return 16% with New UAE Real Estate Investment Concept "Buy to Let"

'Buy to let' hotel rooms to hit market
The National - Abu Dhabi, United Arab Emirates
The "buy to let" hotel room concept is slowly starting to take off in the UAE as the financial crisis has created doubts about returns on investment in the property ­industry. ...

Survey on Dubai Real Estate Market Revealed

Dubai Real Estate Agent Survey Reveals True Market Opinions
PRLog.Org (press release) - Bucuresti, Romania
A survey of more than 170 Dubai real estate agents reveals that most agents believe the Dubai real estate market will pick up within 3-6 months. Overall agents are more optimistic than expected on the prospects for the Dubai property market. ...

Depa Wins $14 Million Contract for Singapore Resort

Depa of Dubai Wins $14 Million Contract at Singapore Resort
Bloomberg

Nov. 17 (Bloomberg) -- Depa Ltd., the United Arab Emirates- based interiors contractor fitting out the world's tallest tower in Dubai, won a contract worth 50.7 million dirhams ($14 million) to fit out a resort in Singapore. ...

Dubai Group Plans to Buy Stakes in U.S. Real Estate

Dubai Group Eyes U.S. Real Estate, Asset Management (Update1)
Bloomberg

Nov. 17 (Bloomberg) -- Dubai Group, an investment company managing more than $40 billion on behalf of Dubai's ruler, plans to buy stakes in U.S. real estate and asset management companies in a bid to profit from low prices. ...

BlackRock Global Resources & Mining Fund to Manage Dubai Commodities $50 Million Fund

Dubai Commodities Centre Invests $50 Million in BlackRock Fund
Bloomberg

Nov. 17 (Bloomberg) -- Dubai Multi Commodities Centre, a tax-free business park in the United Arab Emirates, said it had contributed $50 million as seed money to an Islamic fund that will invest in global resources and mining companies. ...

Four New Projects Planned by Nagarjuna Construction in UAE

Nagarjuna Construction plans four new projects in UAE
Economic Times - Gurgaon, Haryana, India
DUBAI: Leading Indian infrastructure firm Nagarjuna Construction Co (NCC) is planning four new projects in the United Arab Emirates (UAE) even as it analyses the effects of the global financial crisis on the Gulf construction sector. ...

Al Benaa JV with Asas Investment

Al Benaa Real Estate announces a joint venture agreement with Asas Investment
AME Info (press release) - United Arab Emirates
The joint venture's ambitious objective is to bring private sector best practice to Abu Dhabi's government departments and agencies, thereby dramatically enhancing their efficiency and effectiveness. National Enhancement is part of Al Benaa's corporate mission of contributing to the needs of the UAE market and the long-term vision of the Emirates' leaders and the great investments they have made in the people of the UAE. ...

Oman Real Estate Booming Despite Global Crunch

Real estate booming in Oman despite global crunch
Zawya - United Arab Emirates
JEDDAH: The worldwide credit crunch has not impacted Oman's economy, especially its real estate sector, a top real estate expert from Oman said yesterday.

"Banks in Oman continue to offer mortgage facilities for real estate buyers," Abdullah Khamis Al-Shidi, deputy CEO of The Wave, Muscat told a press conference at the launch sale of luxury apartments and villas at the Jeddah Hilton's Qasr Al-Sharq yesterday. ...

Italian Real Estate Looks at DAMAC Properties Opportunities

Italian real estate team looks at DAMAC Properties opportunities
Zawya (press release) - United Arab Emirates
Dubai, November 17 th , 2008: A high-level delegation from the real estate industry in Italy have paid a visit to DAMAC Properties ahead of the company's launch of new offices in Milan.

The visit was organised by the Milan Chamber of Commerce (Real Estate Exchange) and was designed to give members an insight into the UAE property market and opportunities for end users and investors. ...

Al Benaa Real Estate Investment Company to Launch IPO Next Year

Al Benaa plans IPO next year and temporarily halts new projects
Zawya - United Arab Emirates
Al Benaa Real Estate Investment Company an Abu Dhabi-based property development company, is studying the option of launching an initial public offering next year and has temporarily put new projects on hold, a top company executive said. ...

Abu Dhabi and Dubai Representatives Attended the World Travel Market (WTM) in London

Industry roadshow hits London
The National - Abu Dhabi, United Arab Emirates
LONDON // Tourists could be enticed to the UAE with discounts, packages and bonuses as the country's travel industry tries to minimise the effects of the global financial crisis.
Both the Abu Dhabi Tourism Authority and the Dubai Department of Commerce, Tourism and Marketing are attending the World Travel Market (WTM) in London to showcase the Emirates. ...

Middle Eastern Real Estate Investors & Developers To Attend Cityscape India

 

Bombay Exhibition Centre Goregaon, Mumbai 8 - 10 December 2008 Middle East Real Estate Investors & Developers to Attend Cityscape India...     According to the kippreport, as the financial crisis envelopes global economies, countries around the world are looking to the Middle East for funds. And it looks like countries in Asia are becoming the lucky winners. Several Middle Eastern companies and wealth funds have already started investing their funds in countries like India. Click here to read the report about Middle Eastern investors' attractions. Cityscape India is your opportunity to meet and network with a host of Middle Eastern real estate investors and developers who will use the Cityscape India platform to further their long term ambitions in the sub-continent. Click here to register for Cityscape India Exhibition free of charge. Click here for the current list of exhibitors. What do exhibitors from the Middle East have to say?   "India is currently facing a shortage of some 21 million homes, and more than 300 million people are expected to migrate to urban areas over the next 20 years. At Cityscape India, we will showcase 11 global projects including Bidadi - our proposed 4,000 hectare mixed-use development near Bangalore - which will house around 750,000 people." - Saeed Ahmed Saeed, CEO, Limitless   "We feel that Cityscape India is a gateway to emerging Real Estate markets where we hope to reach out to "Today's consumer" by means of cross border marketing, innovative solutions with remarkable engineering and cutting edge designs." Maanasa Supreeth, Group Marketing Manager, Soundlines Group   "Cityscape India will be a perfect platform to network and enhance SKYMAX's credibility in existing and new markets. We hope to identify potential partners and expand our presence in the Indian Market. We will also focus on existing business vistas and introducing new and successful business ventures."- Hasnain Raza Ladhubhai, CEO, SKYMAX Investment and Development LLC   "Cityscape India provides a unique opportunity for Al Zorah to showcase the remarkable progress made on this leading project that reveals the international class know-how and the expertise of Solidere International as a leading city builder and internationally acclaimed place maker. The show provides also the opportunity to engage with stakeholders, attract leading investors and explore investment opportunities in the Indian market." - Dr Nasser Chammaa, Chairman and CEO, Solidere International   Meet them all at the Middle Eastern Real Estate Investors & Developers Cityscape India !

UAE Waterfront Developments Worth $250 Billion

UAE to host more than 5o% of Gulf's waterfront projects
GulfNews - Dubai, United Arab Emirates

Dubai: Waterfront developments in the Gulf will account for well over 50 per cent of the $500 billion (Dh1.84 trillion) worth of worldwide waterfront projects planned for the next five years, industry officials say. ...

ADFD to Finance Infrastructure Projects Worth US $29 Million in Kabul

UAE fund to finance infrastructure projects in Afghanistan
Xinhua - China
ABU DHABI -- The Abu Dhabi Fund for Development (ADFD) of the United Arab Emirates (UAE) announced on Sunday that it will finance a number of infrastructure projects worth 29 million U.S. dollars in Kabul, capital of the war-torn Afghanistan. ...

UAE has Highest Number of Buildings Seeking Leadership in Energy and Environment Design (LEED) Standards

Sustainable developments wait to spread across UAE cityscape
GulfNews - Dubai,United Arab Emirates
Dubai: Sustainable development across the country is advancing rapidly as the UAE now ranks as the number one country outside the United States to have the highest number of existing buildings seeking green certification based on the Leadership in Energy and Environment Design (LEED) standards. ...