NewsETA Star to launch Dh2bn Starliving
ETA Star will showcase two of its latest projects at Cityscape 2008. According to a Press statement, the UAE property developer will launch STARLIVING, its first-ever residential club living development project at Cityscape 2008. It will also showcase Oman project, a mixed use premium development in...
Land bank value of Al Fara’a put at Dh3bn
UAE-based developer Al Fara’a Properties said it has scaled its land bank through sizeable acquisitions, taking its total value to Dh3 billion in the country. The land bank includes plots spread across Dubai Waterfront, Dubai Maritime City, Palm Jebel Ali, Mina Rashid, Al Reem Island, Downtown...
Arabtec lands contract for $653m project
Dubai’s Arabtec Holding said on Sunday it has received a letter of intent from the Sunland Group to build a project worth 2.4 billion dirhams ($653.4 million) in Dubai. The project, which includes residential towers at Nakheel’s Dubai Waterfront development at Jebel Ali, is expected to be...
Dubai Properties to showcase and release megaproject at Cityscape Dubai 2008
Dubai Properties, leading master developer and a subsidiary of Dubai Properties Group (DPG), yesterday announced it will release details on its new projects and showcase existing developments at Cityscape Dubai 2008, one of the largest business-to-business real estate investment and development events...
Rera takes steps to regulate activities at Cityscape 2008
Dubai’s Real Estate Regulatory Agency (Rera) on Wednesday said it was taking measures to regulate activities in the upcoming Cityscape Exhibition and curb any kind of speculative activity during the event. “No Memorandums of Understanding (MoUs), sales agreements or contracts will be legally...
Dubai ranked No1
Dubai is the financial centre with the most potential among world cities, and the number one location for companies to open new offices, according to an influential survey. Dubai led the charge for the Middle East in the Global Financial Centres Index, which ranked the emirate ahead of Qatar and Bahrain...
Aldar revises Noor Al Ain development
Aldar Properties yesterday announced that it was revising its Noor Al Ain project in Al Ain to cope with new guidelines developed by the Abu Dhabi Urban Planning Council (UPC). The revised Noor Al Ain multi-use development will feature a mix of residential, office, retail, luxury, and entertainment facilities,...
Cirrus reveals The Vantage at Waterfront
Cirrus Developments LLC, one of the fastest growing developers in the region, has launched a landmark tower, The Vantage, to great acclaim. Investor response to this new building has been emphatic. The Vantage is located on a prestigious plot in Waterfront which has been deemed ‘iconic’ by...
90% of IREIS 2009 space reserved by real estate companies
Real estate giants from the UAE and other countries will gather in Abu Dhabi in January for a major property show and organizers said nearly 90 per cent of the exhibition’s area has already been booked. Dome Exhibitions will organize the January 27-29 Abu Dhabi Real Estate and Investment Show –...
First Dubai prepares to execute large development plan
First Dubai Real Estate Development Company, a subsidiary owned by Al Mazaya Holding, has successfully increased its capital assets from KD 22 million to KD 94 million in a two weeks period, thus enabling the company to proceed with its plan to take over First Waterfront Company. First Dubai intends...
