|Real Estate News|
News Archive of October 2006 Page 1
Due to extensive public interest, the Dubai International Financial Centre Authority (DIFCA) today extended the consultation period for the DIFC Real Property Law 2006 and the Strata Title Law 2006 for an additional 30 days.
Asam Investments & Real Estate - which is owned by His Highness Sheikh Ahmed Bin Saeed Al Maktoum, President of Dubai Civil Aviation and Chairman Emirates Group today announced its plans to launch ‘Grosvenor Business Tower’.
edara LLC, a Project Management company based in Dubai, is broadening its horizons by establishing an office in Abu Dhabi to help alleviate the firm’s current workload and to drive future expansion according to new General Manager Phill Edmondson.
Land sales for the first phase of development at Jumeirah Golf Estates, Greg Norman’s signature Fire and Earth golf course communities have now been completed with revenue in excess of Dhs 1 billion.
Tamweel PJSC, the UAE’s leading provider of home finance, declared its financial results for the third quarter ended September 30, 2006.
Dubai Customs World, a subsidiary of Dubai World, has achieved a major landark in its first full year of operations in Djibouti.
Dubai Investments Real Estate Company (DIRC), the real estate arm of Dubai Investments PJSC, has announced the launch of its first residential project - ‘Ritaj’ - at Dubai Investments Park.
Omniyat Properties, the real estate development arm of the Dubai-headquartered Almasa Holdings, has unveiled its fourth innovative commercial project - Gemini - an AED 500 million freehold office tower in Dubai’s Business Bay.
Dubai Properties finalized its strategic agreement with Porsche Design Studios at Expo Real 2006 to jointly develop a series of Porsche Design Towers in 17 countries over 15 years.
Reflecting strong investor confidence and robust demand for freehold commercial space in Dubai, leading real estate development company, Fortune Group, today announced that over 50 per cent commercial space at Fortune Bay - their seventh project in Dubai, has been sold out in just 10 days.
Al Madar Property Investments, a leading property developer in the GCC which is part of the Al Madar Group, has announced its foray into the fast-growing UAE property market with a string of residential and commercial projects.
Luxury lifestyle provider and the region’s leading private sector developer, DAMAC Properties, has completely sold out two out of four projects worth US$150 million within the stunning Abdali area of Amman in record time.
The Land Investment and Property development, a leading real estate company based in the Gulf region with operations in Qatar, Jordan, Bahrain, and Saudi Arabia, held an Iftar party at the Four Seasons Hotel with the attendance of representatives from banks, media, and investors.
Global real estate major Emaar Properties is shaping its success model through value-added services and community-focused initiatives.
Sama Dubai, the international real estate investment and development arm of Dubai Holding, today announced its participation at Expo Real, the 9th international commercial property exposition to be held in Munich, Germany from 23 - 25 October 2006.