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Real Estate News
Tameer announces ground breaking of Platinum Towers Baniyas Investments awards contract to Saunders Global ARRA sets deadline for the developer’s registration Omniyat Properties current CEO to step down Damac announces Completion of enabling works at Lincoln Park

News Archive of June 2007 Page 1

National Properties breaks ground for Skycourts

National Properties, the wholly owned real estate subsidiary of National Bonds Corporation, has broken ground for Skycourts, the pioneering freehold residential development that will come up in the heart of Dubailand.

Emaar appoints Sameh Muhtadi as CEO of Emaar Misr

Emaar Properties PJSC has appointed Mr Sameh Muhtadi as Chief Executive Officer of Emaar Misr for Development S.A.E, the wholly owned subsidiary of the Dubai-based property developer.

Tameer subcontracts ACC for the construction of Elite Res

Tameer Holding, the region’s leading real estate development company, has signed a DHS 605 million agreement with Arabian Construction Company (ACC) to be the Main Contractor of ‘Elite Residence’, one of Tameer’s prestigious projects situated in Dubai Marina.

Business Bay witnesses 25 PC jump in property values

Owing to its close proximity and easy access to the main city, along with increasing demand for quality office space, Dubai’s Business Bay development has witnessed a 25 per cent increase in property values over the past 18 months, according to leading property services company, Asteco.

Dubai Bank offers 99% financing for JBR

In a milestone agreement, Dubai Bank today announced an exclusive arrangement with Dubai Properties to offer up to 99 per cent financing for the purchase of residential apartments at Jumeirah Beach Residence.

Sternon’s NRI mega-township in Navi Mumbai

An NRIs-only mega-township of villas and row-houses in Navi Mumbai, being promoted by Sternon Group, Dubai-based real estate developers, builders and promoters, has generated global interest, driven by Navi Mumbai’s growing reputation.

Dubai Properties offers diversified mortgage facilities

Dubai Properties, leading master developers, offers a diversified mortgage financing portfolio, giving prospective buyers an extensive choice of options.

Deyaar launches Sapphire Residence at Dubai Silicon Oasi

Building on the success and overwhelming investor response for its recent projects, Deyaar, the region’s fastest growing real estate company, today announced its newest launch - Sapphire Residence - the first phase of its proposed AED 400 million initiative at Dubai Silicon Oasis.

DAMAC unveils its first branded tower - DAMAC Heights

Luxury lifestyle provider and the region’s largest private sector master developer, DAMAC Properties, today unveiled DAMAC Heights - its first branded tower.

Sama Dubai commences construction work on ‘Dubai Towers’

Sama Dubai, the international real estate investment and development arm of Dubai Holding, has commenced infrastructure work on the QAR 2.3 billion mixed use corporate towers - ‘Dubai Towers - Doha’.

Sheffield Real Estate steps into commercial realty

In a strategic diversification, realty major Sheffield Real Estate today announced foraying into the high growth ground of commercial office space with Corporate Tower in Jumeirah Lake Towers community, which will be developed at an initial investment of over AED 300 million.

Emaar finalizing masterplan of Zowara-Abou Kemash area

Emaar Properties, the UAE-based global property developer, is finalizing the masterplan design to develop the Zowara-Abou Kemash area on the Mediterranean coast near Tripoli, Libya.

Sorouh presents the Sky Tower to Syrian Business Council

Officials and members of a high ranking Syrian Business Council recently attended a dinner presentation held by Sorouh Real Estate, Abu Dhabi’s leading real estate developer, which showcased its latest residential offering, the Sky Tower project.

Nakheel unveils jumeirah heights

Nakheel, the UAE’s leading real estate developer, yesterday launched an exciting new residential community designed with business professionals and young couples & families in mind.

Enshaa expands investor group, to increase its capital

Enshaa PSC (Enshaa), a real estate development company based in the United Arab Emirates, has expanded its investor group following a successful private placement.

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