The Gate Towers 6 Billion AED development contract awarded to Arabian Construction Company

Click image for large view Sorouh Real Estate PJSC and Tameer Holding Investment LLC today announced the award of a AED 6.2 Billion contract to Arabian Construction Company (ACC) to build The Gate Towers, a joint venture project, situated at the entrance of Sorouh’s flagship project, SHAMS Abu... 

Enthusiastic response to Tamweel offers at Cityscape Dubai 2008

Tamweel PJSC, the largest provider of real estate finance in the UAE, has met with an extremely enthusiastic response to its finance offers at Cityscape Dubai 2008, including more than 470 registrations for property on the first day of the event, demonstrating the health of the market for well-priced... 

ALDAR to establish boating hub in Abu Dhabi

ALDAR Properties, PJSC, Abu Dhabi’s leading integrated property development, investment and management company, announced today that it has created a new subsidiary dedicated to transforming Abu Dhabi into an international luxury boating destination. The new entity, ALDAR Marinas, will provide... 

Dubai unveils $95bn ‘new city’ project

A Dubai government firm yesterday announced it will build a ‘new city’ in the emirate at a projected cost of $95bn, shrugging off the global financial turmoil. The announcement came one day after Dubai developers Nakheel said it planned to build a tower which will stand more than one kilometre tall... 

Al Barari to unveil projects at Cityscape

At Cityscape Dubai 2008, Al Barari will reveal its latest offering of unprecedented residential and lifestyle property that is Phase Two of this stunning real estate project. Spread over 14.2 million square feet and located in the royal area of Nad Al Sheba, the US$6.4 billion project is set to redefine... 

Summary of Cityscape Dubai 2008 day 1

Gulf Arab property firms launched $100 billion of new projects on Monday, but the news failed to restore investor confidence as fears grew that the global credit crunch is biting and the local real estate market overheating. From a 350 billion UAE dirhams ($95 billion) beachfront project to a kilometre-high... 

Connection Real Estate announces 1st LEED Platinum mixed-use towers in the Middle East at Cityscape Dubai 2008

Connection Real Estate and their exclusive sales agent, Colliers International, plan to launch the landmark Eco Towers at Cityscape Dubai 2008. During their participation they will reveal details about the 23-storey twin towers which are strategically located in the prestigious community of Dhanet Abu... 

DEC unveils AED 250 million residential project at Cityscape

Dheeraj East Coast LLC, a leading Dubai-based real estate developer known for delivering value-driven realty solutions, today announced the launch of its prestigious high-end MODO project at Culture Village in Dubai, at Cityscape Dubai. The AED250 million residential development promises to raise the... 

Sheikh Hamdan officially kicks off Cityscape

Dubai’s crown prince opened the Middle East’s largest real estate expo on Monday morning, kicking off the four-day conference at the Dubai International Exhibition Centre. Surrounded by crowds of officials, exhibitors and media, Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum cut a ceremonial ribbon... 

More info on Nakheel Harbour & Tower

Click image for large view We announced yesterday that Nakheel had revealed their plans for a 1km high tower. As Cityscape Dubai 2008 has officially opened, Nakheel has revealed more information about their tower: 200 stories high Will contain more than 150 elevators 19 000 apartments 3 5000 hotel rooms 100...