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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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Sunday, March 1, 2009

Emaar Launches Sale of Bay La Sun Land In Saudi

Emaar, The Economic City (Emaar.E.C), the Tadawul-listed company developing King Abdullah Economic City (KAEC), has launched the sale of land plots in a total area of 250,000 sq m in the Bay La Sun Village of the mega-project. Third-party developers can enjoy full ownership of land for undertaking residential, commercial and multi-purpose buildings, and also benefit from KAEC's advanced infrastructure including the Smart City capabilities and District Cooling. ...

JAL Hotels Established Pre-opening Office in Dubai

Hotel Jal Tower Dubai establishment of pre-opening office
AME Info - United Arab Emirates
JAL Hotels has established a pre-opening office located in the newly finished ACICO Business Park in Port Saeed, Dubai, for what will be Dubai's first major Japanese-managed hotel property in the Emirate - the Hotel JAL Tower Dubai. ...

Dubai's Formula-1 Theme Park may Get Cancelled by Union Properties

UAE's Union Properties eyes govt help for F1 park
Reuters - USA
DUBAI, March 1 (Reuters) - Dubai's third-largest property firm may cancel a proposed Formula 1 theme park if it fails to receive government cash or tap debt markets soon, despite expecting to return to profit in the first quarter. ...

Assistance for Pakistan's New Mega Projects

Pakistan seeks help for 54 mega projects
SteelGuru - Gurgaon, Haryana, India
Business Recorder reported that Pakistan has sought assistance from Friends of Pakistan for 54 mega development projects including USD 8.4 billion Diamer Bhasha dam and Neelum Jhelum hydropower project.