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Real Estate News
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 Azizi Investments confirmed purchase of land at Mina Rashid

News Archive of August 2007 Page 1

ETA Star ties-up with leading banks for providing home loan

ETA Star, a leading property developer in the UAE, announces their tie-ups with ten leading banks in the region for providing home loan options to its customers for all its projects.

Abu Dhabi Municipality unveils Emerald Gateway project

Abu Dhabi Municipality has announced that it is developing in partnership with the private sector, the unique AED7 billion Emerald Gateway project located along the main highway Coast Road halfway between Abu Dhabi downtown and Abu Dhabi International Airport.

Nakheel unveils Al Furjan in the heart of new Dubai

Nakheel, one of the world’s largest privately-held property developers, today announced the launch of Al Furjan - a new approach to a family oriented community development located in the heart of new Dubai.

Deyaar plans to develop mega residential project in IMPZ

Reinforcing its status as a leading developer in Dubai’s vibrant real estate sector, Deyaar, today announced plans to develop an AED 2 billion mega residential project - its largest development to date - in the International Media Production Zone (IMPZ).

Sakana offers home financing for Abraj Al Lulu

Home buyers stand to benefit from a streamlined purchase experience as a result of the preferred Islamic mortgage provider status recently agreed between Sakana Holistic Housing Solutions and the city-based luxury development, Abraj Al Lulu.

Emaar launches Tower 2 and Boulevard Apartments

Emaar Properties will launch the second tower that forms part of 29, Burj Dubai Blvd, an architectural marvel designed by New York-based Frank Williams and Partners Architects, on August 25, 2007.

DPG establishes Real Estate Regulatory Agency

Dubai Property Group (DPG), Dubai’s only real estate professional association, today hosted Dubai’s recently established Real Estate Regulatory Agency (RERA), at its monthly networking event.

Mada’in launches the concept of ‘next generation realty’

Mada’in Properties, a private, joint-stock real estate company, incorporated in 2006, has now announced the formal launch of the company with the concept of ‘next generation realty’ underpinning its marketing campaign.

Le Jardin de Fleur to win CNBC Arabian property award

Property Logic, the developer behind Le Jardin de Fleur Beach & Golf Resort in Mediterrania Saïdia, Morocco, has been officially informed that the company is to receive an award in the prestigious CNBC Arabian Property Awards 2007 in association with Al Qudra Holding.

S&P launches Shariah-Compliant indices

Standard & Poor’s, the world’s leading index provider, announced today the launch of three new Shariah-compliant indices covering the Pan Arab region and publicly traded property companies in developed and emerging markets.

KM Properties registers the new Land Department’s Law

KM Properties, a Dubai based company and the real estate development arm of KM Holding, became the first developer to register for the new Land Department’s Law.

Al Manal Development opens new property law

The first account under Law No. 8 of 2007 becomes operational. Investor payments in Al Manal Development’s new La Vista Residence project are being banked with Badr Al Islami, Islamic Banking Division, Mashreq PSC.

Westar Properties breaks ground for Westar La Residencia

Dubai-based property developer Westar Properties started work on their project Westar La Residencia Del Sol at Jumeirah Village with the ground breaking ceremony held recently.

Al Tajir ties up with DIB for Shariah-compliant options

Al Tajir Real Estate, one of the leading independent property specialists in Dubai, has tied up with Dubai Islamic Bank to provide Shariah-compliant financing options to potential buyers of units in their new property Fortunato.

Tanmiyat launches Al Khalidiyah Residential Project

Tanmiyat Group, a leading real estate developer in the Middle East, has announced the official launch of its new integrated development ‘Al Khalidiyah’ in Al Jubail city, in the Kingdom of Saudi Arabia.

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