|Real Estate News|
News Archive of March 2007
Deyaar, the fastest growing property player in the region, today announced the completion of sale of its latest commercial project, Metropolis.
Tameer Holding today declared that it is ahead of schedule in the development of the infrastructure and related services for Phase 1 of AlSalam City with investments of AED 30 billion and designed to house up to half a million residents when complete.
His Excellency Sheikh Sultan Bin Tahnoon Al Nahyan - Chairman of the ADTA and TDIC, which manages the authority’s tourism assets, made an inspection visit to the site of the planned residential and commercial shoreline hub, ‘The Quay’ in the heart of the UAE capital.
Dubai World has centralised its retail activities under the Nakheel banner following the creation of a new retail property division - Nakheel Retail.
Top retail group announces major tenant in Mall. The Mall of Arabia is one of a new breed of shopping malls with a radically different design and a world class entertainment element. We are confident that Azadea Group will play an instrumental part in making it a lead visitor draw in the GCC.
Luxury Real Estate Development LLC (LRED), an Abu Dhabi based private developer has appointed LLJ Property LLC as its exclusive sales agents.
Dubai Properties continued to highlight its presence internationally with a successful showcasing of its groundbreaking projects at MIPIM 2007, the world’s largest property event which took place in Cannes, France.
For the second consecutive year, Abu Dhabi’s leading real estate developer, Sorouh Real Estate, will be participating in the ‘International Real Estate Exhibition and Investment Show 2007,’ held in Abu Dhabi’s National Exhibition Center from the 21st to the 24th of March.
The Gulf Cooperation Council’s retail real estate market is the fastest growing in the world, with more than 16.35 million square metres of Gross Leasable Area expected to be completed by 2010, according to Colliers International - one of the top three global property service consultants.
Emaar Properties has launched some of the finest collection of homes in Downtown Burj Dubai, some offering spectacular views of Burj Dubai.
The Emirates Marina Hotel & Residence is putting the final touches for its eagerly-awaited launch on 1st September this year - this was announced on the eve of ITB, Berlin where Emirates Hotels & Resorts has a significant presence.
In a meeting held last night, Sorouh’s board of Directors has agreed to allow foreign investors to own 20 per cent of its market cap.
Between the 13th and 16th of March 2007, Union Properties, one of the leading property developers in the UAE, will be showcasing some of its latest developments at the 18th Annual MIPIM 2007 exhibition held in Cannes.
Khoie Properties, a leading property developer in the region, will launch ‘La Hoya Bay Business Village’, part of La Hoya Bay Project in the freehold areas of Ras Al Khaimah, on March 9th 2007.
Burj Dubai, the iconic super-tower of Emaar Properties, is now the tallest structure in the Middle East and Europe.