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Real Estate News
JCA Real Estate reveals Dhs252m residential Emerald Tower

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 February 2007 Page 2

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Acacia Avenue achieves AED 50 million sales within 2 months

Landmark Properties, one of the United Arab Emirates leading property consultants has today announced that sales of Acacia Avenue -Jumeirah’s first freehold property has seen huge success within the first two months of its launch.

The new legal framework of residential apartment

The first registration of a residential apartment under the new legal framework introduced last year was announced today by the Government of Dubai Land Department.

Lakeside Residence sold out more than three-quarters

Al Manal Development reports that it has sold more than three-quarters of its prestigious Lakeside Residence project at Jumeirah Lake Towers in well under a year.

Al Qudra commences construction of headquarter’s building

In line with the expansion operations taking place on a local, regional and international level and to ensure a suitable environment for the vast growth rate, Al Qudra Holding announced the commencement of the construction activities for the company’s headquarter’s building.

Emaar sells villas and penthouses in Dubai Marina

Emaar Properties will sell a limited number of villas, penthouses and non-typical units in the Marina Quays and Park Island residential projects within Dubai Marina from February 15.

Beautiful waterfront homes at Dubai Marina

Emaar Properties is offering a collection of elegant waterfront homes located in Marina Promenade, Marina Quays and Park Island residential projects at Dubai Marina at its central sales centre located in the Emaar Business Park.

Launch of Mosela Waterside Residences at The Views

Emaar Properties offers buyers the opportunity to choose from 24 different floor plans at the Mosela tower within The Views residential development.

Asteco appoints new Head for Sales and Leasing for the UAE

Real estate and property services leader Asteco has appointed Brett Whalley as its new Head for Sales and Leasing for the UAE.

DAMAC launches La Residence 2 At The Lotus

Luxury lifestyle provider and the region’s leading private sector developer, DAMAC Properties, has launched ‘La Residence 2 At The Lotus’ - its second residential tower in the iconic Business Bay development.

Emaar offers buying leased home options

Emaar Properties is offering the tenants at The Greens residential project the option of buying their leased home.

Dubai real estate market still lucrative says developer

Bahrain-based global investment bank International Investment Bank (IIB) has made an impressive 114% return on its investment.

Mazaya Holding achieves a net profit of AED 302 m

Al Mazaya Holding has achieved a net profit of AED 302 million during the financial year ending December 31, 2006, compared to 176 million from year 2005.

Marina West Real Estate appoints main contractor

Marina West Real Estate Company has appointed PCC-Terna as the main contractor for Bahrain’s iconic Marina West development.

Abu Dhabi real estate to grow in 2007

The residential retail real estate market in Abu Dhabi will continue to witness significant growth with actual sales estimated to touch AED 9 billion in 2007, said the Chief Executive Officer of Tamweel PJSC, the UAE’s leading provider of home finance.

Contract signed for dredging work of Rakeen in RAK

Dredging International has signed a contract with private stock company Rakeen Development for the reclamation of an artificial island off Ras al Khaimah, the northernmost emirate of the United Arab Emirates (UAE).