|Real Estate News|
News Archive of August 2005 Page 1
Dubai Festival City, the Middle East’s largest privately funded development, has unveiled its Dh1.4 billion Hillside Community residential project a 36 hectare village of Arabian-style homes on a man-made hill in the heart of the site.
The eagerly awaited decision specifying property investment areas for foreigners in Abu Dhabi has received a warm welcome from developers.
Sharjah will soon see new islands rising offshore as part of an ambitious real estate development.
Land sales worth Dh77.8 million were recorded during the past two days, according to the report issued by the Dubai Lands and Properties Department.
Private sector property developer Diamond Investments is fast completing the superstructure of the first of its six residential towers.
Emaar Properties yesterday started the sale of residential units in The Links East Tower, part of the The Links development located on Shaikh Zayed Road.
Dubai shares jumped more than four per cent yesterday and turnover nearly doubled to near record highs as investors bet robust economic growth this year will boost corporate earnings and prospects of the building industry.
Lloyds TSB Dubai, a triple A rated bank in the emirate, has announced an agreement with Union Properties (UP) to offer home loans at its leading developments.
Under the patronage of Shaikh Nasser bin Zayed Al Nahyan, the first real estate imagination exhibition will be held in Abu Dhabi on September 10.
Emerging Markets Property Exhibition EMPEX 2005, an event which will take place from 14 to 16 September 2005 in Warsaw Expo XXI.
Dubai-based property developer Emaar Properties has awarded two contracts to Arabtec Construction to build 682 villas at the Arabian Ranches, valued at Dh487 million.
Following on the success of their first three projects, Trident International Holdings (TIH) has launched their fourth freehold luxury residential project in Dubai, Trident Grand Residence, in the exclusive Dubai Marina.
Ebtikar announces that there has been such a massive interest by investors in Al Areifi Marina Tower, their client’s new real estate venture in Dubai, that now only 35% of the apartments are still available for purchasers.
Emaar Properties in dubai, has released The Links Water View Apartment community.The development offers a unique low-rise podium building with studio and one-bedroom apartment units overlooking a spectacular man-made river.
India’s Larsen & Toubro Ltd (L&T) said yesterday, it has won an order from Dubai-based property developer Nakheel, valued at Dh380.20 million (Rs4.5 billion), to build a residential property in Dubai.