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Real Estate News
Dubai Property Prices to fall by 2011 Tamweel announced that it expects higher growth in 2008 Realty Capital cooperates with Al Naboodah to boost i-Rise Nakheel partners with US food retailer Balducci’s JCA Real Estate reveals Dhs252m residential Emerald Tower

News Archive of November 2006 Page 2

Dana plans to build 11 residential towers in iMPZ

Dana Property Development, one of the leading real estate companies in the region, will invest AED 2.1 billion to build a residential complex in the International Media Production Zone (iMPZ).

First Gulf Bank’s latest project Burj Al Nujoom

First Gulf Bank’s Real Estate Department (FGB RED), launched today its latest project in Dubai, the Burj Al Nujoom.

Reef Real Estate Finance Company selected for financing

Riffa Views Signature Estates has endorsed Reef Real Estate Finance Company as one of its selected mortgage financers, following a recently concluded cooperation agreement.

Emaar announces the sale The Old Town project

Emaar Properties has opened the sale of three residential buildings at The Old Town project, which is part of the AED 73 billion (USD20 billion) Downtown Burj Dubai development.

Sama Dubai launches spectacular Dubai Towers - Dubai

Sama Dubai, the real estate development and investment arm of Dubai Holding, today announced the launch of ‘Dubai Towers - Dubai’, a cluster of breath-taking towers that combine, to form a truly inspiring and dynamic sculpture.

‘Amlak Buy to Rent’ a new home finance product

Amlak Finance PJSC, the largest publicly listed Islamic finance company and pioneer in home finance in the UAE, has announced that it is launching ‘Amlak Buy to Rent,’ a new home finance product for customers who want to invest in the lucrative real estate market.

SNASCO participates in ‘Cityscape show 2006′

Leading regional property development firm SNASCO, announced that they are ready to participate in ‘Cityscape 2006′, an International Property Investment and Development show that will be held from the 4 - 6 December at the Dubai World Trade Centre.

Tameer’s newest Masterpiece Imperial Residence

With the continued upswing in projects being developed in Dubai and the United Arab Emirates and in accordance with the ambitious plans of Tameer Holding to launch projects that correspond with this level of development, it will announce the launch of their ‘Imperial Residence’ in Jumeirah Village.

Emaar unveils second phase of Burj Dubai Lake Hotel

Emaar Properties has unveiled the second phase of its serviced apartment project, Burj Dubai Lake Hotel, located on the 3.5 km long boulevard at Downtown Burj Dubai.

Infinity Tower wins ‘Best Architecture’ award in London

Infinity Tower has just won the ‘Best Architecture’ category in the prestigious International Property Awards, announced in London.

Makaseb, Ishraqah and Ta’sees announces Plaza Mayor

The AED 3 billion, (approximately US$ 818 million) ‘Plaza Mayor’, a project consisting of four 45-storey towers surrounding a large central court termed ‘The Plaza’ was announced Thursday, November 23rd, 2006, at a press conference held at Mina A’Salam Hotel at Madinat Jumeirah, Dubai.

R Holdings initiates second phase of Lavender Tower

R Holdings Group, a leading, diversified business entity dealing in industrial, finance, commerce, and property organizations, initiated the launch of the second phase of the Lavender Tower in the Emirates City, after completely selling all units of phase one.

Sama Dubai supports launch of Environmental Center

As part of its ongoing commitment to support environmental initiatives, Sama Dubai, the international real estate investment and development arm of Dubai Holding, participated in the Environmental Symposium on ‘Challenges and Threats to the Environment.

ULD starts selling eight projects off-plan

Union Land Development (ULD), one of the fastest growing land and real estate developers in Jordan, has started selling eight of its residential and commercial projects located in Amman and the surrounding areas, off-plan.

Tamweel offers up to 95% financing on Marina Mansions

Tamweel PJSC, the UAE’s leading provider of home finance, together with Al Sondos Holding is offering up to 95% financing on the purchase of luxury apartments at Marina Mansions, a new development in the heart of Dubai Marina.

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