Meraas Development Launches Projects Worth $95 Bln in Old Dubai

Dubai launches $95 bln property project
guardian.co.uk - UK
The Dubai government has launched a 350 billion dirham ($95.29 billion) project to develop a huge swath of land near the coast, despite increasingly difficult financing conditions and rising investor caution.

Meraas Development, part of the holdings group that purchased a stake in the General Motors building in Manhattan, aims to build apartments, shopping malls and offices in some of Dubai's older districts over the next 12 years, chief executive officer Sina al-Kazim told Reuters in an interview. ...

Deyaar Enclave Unveiled

Deyaar unveils first mid-size community project in IMPZ
Zawya (press release) - United Arab Emirates
Deyaar Development, the region's fastest growing real estate company, today unveiled Deyaar Enclave, its first mid-size community development at the up-and-coming International Media Production Zone (IMPZ). Strategically located in close proximity to most major destinations in Dubai, the project will comprise nine residential buildings and will be the first mid-size community to be launched within the IMPZ ...

Shah Rukh Khan Launches his UAE Real Estate Development

Shah Rukh launches $2.2 b real estate project in UAE Sify - Chennai,Tamil Nadu,India Bollywood superstar Shah Rukh Khan has announced the launch of his signature real estate development, Shah Rukh Khan Boulevard, to be located in the emirate of Ras Al Khaimah in the United Arab Emirates (UAE).  ...

Carina Views on Reem Island Unveiled at CityScape 2008

New Iconic Abu Dhabi Towers to be Unveiled at Cityscape Dubai
UAE Daily News - Orleans, Ontario, Canada
The spectacular Carina Views, an iconic luxury property situated at the gateway into Reem Island, Abu Dhabi, will be unveiled at CityScape, Dubai, along with details on some of the unique design and style features that characterize the architecture of the four towers. ...

Violet Tower, Waterfront Residential Tower Unveiled by DIRC at Cityscape 2008

DIRC to unveil projects worth AED 1.8 billion at Cityscape Dubai 2008
Zawya (press release) - United Arab Emirates
Dubai Investments Real Estate Company (DIRC), the real estate arm of Dubai Investments PJSC, will unveil two luxury residential projects worth a combined AED 1.8 billion at the upcoming Cityscape Dubai 2008 property exhibition.

The projects include the AED 300 million Violet Tower, an upscale residential tower in Jumeirah Village, and a waterfront residential tower, worth AED 1.5 billion, located in the heart of Dubai Maritime City.

Facility Managment of Ibn Batuta Mall Awarded to Imdaad

Imdaad signs contract with Ibn Batuta Mall
AME Info (press release) - United Arab Emirates
Imdaad, Dubai World's advanced facility management service arm, today signed an agreement with Ibn Batuta Mall, Dubai's unique shopping destination and one of the biggest shopping malls in the Middle East, to provide strategic solutions for managing the mall's facilities, assets, and buildings. ...

Conoco & UAE's Mubadala Deal

UAE's Mubadala, Conoco agree Kazakh deal
Reuters - USA
The UAE's Mubadala Development Co said on Sunday it has signed a preliminary deal with US major Conoco-Phillips and Kazakhstan's state energy firm to develop an offshore Kazazh oil and gas block.

Conoco and Abu-Dhabi government-owned investment agency Mubadala will each hold a 24.5 percent stake in the offshore Kazakh block in the Caspian Sea, Mubadala said. ...

Tameer Launched LEED-certified Sustainable Project in Ajman

Tameers Eye Park pioneers sustainable development in Dubailand
Eye of Dubai (press release) - Dubai, United Arab Emirates
Tameer sees 'eye-to-eye' with investors on importance of sustainable development 
In a move that reflects the growing tide of environmental awareness around the world, leading regional developer, Tameer Holding, has announced the launch of its new, LEED-certified sustainable project in the heart of the Arjan district in Dubailand – Eye Park. ...

Anara Tower Unveiled by Tameer at Cityscape 2008

Tameer unveils design of 'Anara' after intensive global design competition
AME Info (press release) - United Arab Emirates
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. ...

Julfar Residence Unveiled by RAK Properties at Cityscape 2008

RAK Properties unveils 'Julfar Residence' at Dubai Cityscape 2008
AME Info (press release) - United Arab Emirates
RAK Properties PJSC, Ras Al Khaimah's largest property developer, has announced the launch of 'Julfar Residence' in the city of lights on the prestigious development of Al Reem Island in Abu Dhabi. ...