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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 |
News Archive of August 2006 Page 2
Al Sahra, Dubailand to feature Dubai’s heritage and culture
Al Sahra, a desert resort part of the Dubai Heritage Vision project at Dubailand, hopes to attract 200,000 to 250,000 visitors a year.
More work to be done on Dubai’s property law
Work on Dubai’s property law is still required if buyers and potential buyers of apartments are to have full confidence that their ownership rights will be recognised and upheld.
Work on Lake District in Imternational City, Dubai soon
Construction at the mixed-use International City real estate development on Emirates Road is entering its most environmentally-sensitive phase.
TECOM Investments and Land Department of Dubai meet
TECOM Investments quality department held a benchmarking meeting today with officials of Land Department of Dubai Government to share information on quality systems and standards.
Rents in Dubai to stabilise soon
Rental prices are set to stabilise and could even fall, but rumours that the Dubai property “bubble” is about to burst are well off the mark, according to a new study.
The World, Dubai to have a Thai-style resort
A Dubai-based company will develop a Thai-style resort on the “Thailand” island of The World. The resort will have nine beach villas, 10 water villas, 56 studio suites, and 56 one-bedroom loft units.
Inline business expansion by Landmark Properties
Landmark Properties, one of the United Arab Emirates leading property consultants, is expanding its business inline with the rapid growth in Dubai’s real estate market.
More parks and community facilities planned in Dubai
Dubai Municipality will begin next month works of five neighbourhood parks, 35 community facilities and four jogging tracks at an estimated cost of nearly Dhs90 million.
Dubai World Trade Centre releases firms for The Masterplan
Dubai World Trade Centre (DWTC) today released the names of the successful architectural and engineering firms selected to develop a major section of the AED 16 billion Masterplan for the enhancement of the DWTC Complex and surrounding area.
$63 million City of Arabia contract for Leighton-Kier
Leighton-Kier Joint Venture has been awarded a $63 million contract by Ilyas and Mustafa Galadari Management Investment and Development for the construction of roads and infrastructure on Dubai’s new City of Arabia mega project.
Istithmar Hotels to strengthen executive management team
Istithmar Hotels, the recently-launched subsidiary of Istithmar, today announced the strengthening of its executive management team - an initiative that would enable it to leverage its dynamic business model and energize growth within the hospitality vertical.
Contractor for Marina Residenes & Town Houes appointed
Nakheel, the UAE’s premier property developer, has announced the appointment of Shimizu Corporation as the main contractor for the Marina Residences & Town Houses, The Palm Jumeirah.
Real Estate Investment Trusts introduced by DFSA
The Dubai Financial Services Authority (DFSA) announced today, that rules to permit the operation of Real Estate Investment Trusts (REITS) within the DIFC have been introduced with effect from 6th August 2006.
Speirs to handle lighting at Al Raha Beach project
ALDAR Properties PJSC announced today that it has awarded a contract for the lighting design at Al Raha Beach to United Kingdom designer Speirs and Major Associates - as part of the 10 billion AED infrastructure budget.
DIFCA publishes DIFC Real Property Law & Strata Title Law
The Dubai International Financial Centre Authority (DIFCA) today published for consultation the DIFC Real Property Law 2006 and the Strata Title Law 2006.
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