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Real Estate News Alert

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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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Monday, May 4, 2009

ADWEA Sells Taqa Water and Power Development

Zawya
Abu Dhabi Water and Electricity Authority has agreed to sell a 54 per cent stake in Fujairah's biggest power and water development to its publicly traded investment unit, Abu Dhabi National Energy Company (Taqa), for Dh1.11 billion - roughly 10 per cent of the project's Dh10.28bn construction cost. ...

Real Estate Report on Dubai and Abu Dhabi

Q209 Dubai & Abu Dhabi Real Estate Report
Middle East Events (press release) - Dubai, United Arab Emirates
Today, Landmark Advisory released its free Q209 Dubai & Abu Dhabi Residential Real Estate Report. The independent report analyzes multi-source transaction data and other statistical trends, with a focus on master developers. ...

Damac Properties to Award AED 2B Contract in 2009

Damac Properties to grant $545m contract in 2009
Middle East North Africa Financial Network - Amman, Jordan
(MENAFN) Chairman of Damac Properties announced that the company plans to grant $545 million construction contracts of ten new projects in 2009, ...
Dubai's Damac Says To Award AED2 Bln Contracts In '09 - WAM
Zawya - United Arab Emirates
DUBAI (Zawya Dow Jones)--Dubai-based real-estate developer Damac Properties said it will award 2 billion UAE dirhams ($544.5 million) worth of contracts ...

Damac to award Dhs2bn construction deals
AME Info - United Arab Emirates
Damac Properties has said that it plans to award construction contracts worth Dhs2bn in 2009, aiming to deliver an additional 7100 units by the end of 2010. ...