|Real Estate News|
News Archive of November 2005 Page 1
Eccentric pop star Michael Jackson, who has been in Oman for the past two weeks, is said to be interested in buying into the prestigious Blue City project.
Al-Mazaya Real Estate FZ/LLC (Mazaya), part of the Kuwait-based shareholding Al Mazaya Holding Company, has officially launched its Half-billion Dirham project, Sky Gardens, at the Dubai International Financial Centre (DIFC).
Emirates Glass has won three major orders to supply 30,000 square meters of its premium glass products to prestigious projects around Dubai, further consolidating its position as the leading supplier of quality products in the region.
International Investment Bank B.S.C. (IIB), a Bahrain-based Islamic investment bank, is taking a 50% equity stake in a US$ 80 million investment in a high-end office tower to be constructed in the rapidly developing Business Bay district in Dubai.
The Pearl Qatar, the largest private freehold property in the region, was given the ‘Judges’ Supreme Award’ at the Construction Week Awards 2005, the annual event celebrating regional excellence in construction and property development.
ETA Star, the property development arm of the ETA Ascon Group, one of the largest business conglomerates in the Middle East, has launched its first environment-certified residential property in Bangalore with ‘The Gardens’, marking its foray into the Indian property market.
Nakheel’s ground-breaking auction to sell land at Jumeirah Golf Estates has set a new benchmark for the price of undeveloped land in Dubai - smashing previous records.
Diamond Investments has awarded Belhasa Engineering and Contracting the contract for construction work on Marina Diamond Three and Four.
Mashreqbank and Mizuho Corporate Bank have jointly signed an agreement to provide guarantee facility to the contracting consortium that won the contract to build the Dubai Metro.
Dubai’s new real estate law will be unveiled by the government next month, said a senior government official.
Luxury lifestyle provider, DAMAC properties, announces today the launch of its first real estate venture outside the UAE in Lebanon’s world acclaimed Beirut City Centre.
The region’s massive property development potential will be showcased at ‘ARABIAN PROPERTIES 2006′, a new exhibition and conference to be held 2-5 April 2006 at the Abu Dhabi International Exhibition & Conference Centre.
Aldar Properties PJSC has shortlisted four dredging and reclamation contractors for the Al Raha Beach development, the new city district of Abu Dhabi.
Emaar introduces the latest Burj Dubai tower Emaar Properties recently introduced 8 Boulevard Walk, the latest in a series of high quality residential towers that help to make up the 500-acre Burj Dubai - the most prestigious square kilometre in the world.
His Highness Sheikh Saud Bin Saqr Al Qasimi, Crown Prince and Deputy Ruler of Ras Al Khaimah, recently issued a Freehold Decree allowing foreigners and expatriates to enjoy complete ownership of properties within RAK Properties’ projects in Ras Al Khaimah.