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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 June 2006 Page 2

Emaar unveils unique duplexes and villas at The Views

Building on its golf-centric community living initiative, global real estate major Emaar Properties today launched a new series of unique duplexes and villas at The Views.

Trident Holdings implements new technology in The Waterfront

Trident International Holdings (TIH) recently announced that, The Waterfront - its debut signature project at the exclusive Dubai Marina, is the first residential tower in the Middle East to install ‘Zone Check Water Tester’.

DAMAC announces mega offer all through DSS 2006

Luxury lifestyle provider, DAMAC Properties announces its mega - promotion during Dubai Summer Surprises (DSS) 2006 which runs from 21st June until 1st September 2006.

Burj Dubai stands 50 levels tall in record time

Global real estate major Emaar Properties marked a milestone in its historic quest to build the world’s tallest tower as the AED 3.673 billion (US$1 billion) Burj Dubai scaled 50 levels today.

Omniyat introduces OYSTER concept in ‘The Binary’

Omniyat Properties, the real estate development arm of the three-billion-Dirham Almasa Holdings, today announced the official launch of its third project, an innovative AED 550 million freehold office tower in Dubai which introduces a new global concept in the design of office buildings.

Ajman’s Emirates City development eagerly awaited

R Holdings officially launched the Emirates City, a lavish town sized development located in the Emirate of Ajman.

AED 6.5b Addax Port project in Reem Island launched

Abu Dhabi Towers Property Investment Company has announced the launch of the Addax Port project. The AED 6.5 Billion development project is positioned to become the capital’s prime business and residential hub.

Dubai Pearl Inc and DCC to build Omnix Towers of Dubai Pearl

Dubai Pearl Inc announced today that it has signed a AED498 million (USD136 million) agreement with Dubai Contracting Company (DCC) to build the Omnix North and Omnix South Office Towers of Dubai Pearl.

IIB partners with SNASCO for West Bay Tower development

Bahrain’s International Investment Bank (IIB), and Saudi based real estate company, SNASCO, today announced its partners assisting in the development of the US$88 million 28 storey West Bay Tower in Dubai’s Business Bay.

Damac Properties forays into China with AED 10b project

Damac Properties, the UAE’s largest private-sector real estate developer, will build a Dh10 billion mix-use project in China’s Tanggu District

‘The Lagoons’ to build AED 10m Sanctuary Visitor Centre

‘The Lagoons’, a freehold, mixed-use project being developed by Sama Dubai in an area adjacent to the Ras Al Khor Wildlife Sanctuary (RAKWS), is to set up a Dhs 10 million Visitor Centre for the Dubai Creek sanctuary in collaboration with Dubai Municipality.

Al Dana 1 residential project nearing completion

Tameer Holding, the region’s leading real estate developer, has announced that their Al Dana 1 residential project is nearing conclusion with the completion of the building’s structure.

MiNC unveils Jumeirah Suites at Jumeirah Village

Dubai based property wealth managers, MiNC Property Enterprises has launched its new freehold residential property, Jumeirah Suites at Nakheel’s Jumeirah Village development.

First phase of Old Town development to open soon

Global real estate major Emaar Properties will open the first phase of its Old Town development in October, 2006.

USD 1.5b Saraya Islands construction to commence

The construction works for the prestigious USD 1.5 billion ‘Saraya Islands’ project will start off in Ras Al Khaimah in October 2006.

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