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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 August 2008

Tamweel announced that it expects higher growth in 2008

Tamweel PJSC, the largest real estate finance provider in the UAE, announced that it expects 2008 revenues and net profit to continue to grow in line with growth recorded in 2007.

Realty Capital cooperates with Al Naboodah to boost i-Rise

Realty Capital Middle East FZ LLZ has announced that it has cooperated with their main contractor Al Naboodah to improve the resources on its Dhs1bn ‘i-Rise’ project to ensure on-time delivery of the prestigious business complex, currently under construction in TECOM Site C

Nakheel partners with US food retailer Balducci’s

Nakheel, a Dubai World company and one of the world’s largest and most innovative real estate developers, has announced a partnership with leading US food retailer Balducci’s to open the company’s first stores in the Middle East.

JCA Real Estate reveals Dhs252m residential Emerald Tower

JCA Real Estate today unveiled Emerald Tower, a 100% freehold residential tower to be built in the Emirate of Ajman, UAE. To be built at an estimated cost of Dhs252m, the Emerald Tower will be situated in the newest development area of Emirates City, located on Emirates Road, Ajman.

Azizi Investments confirmed purchase of land at Mina Rashid

Azizi Investments, the Dubai based multi national property developer, has today confirmed the purchase of over 667,000 square feet of land at Mina Rashid, the redevelopment of the old Port Rashid that is being master planned by Nakheel.

Arabtech Construction to construct Dubailand Project

Arabtec Construction LLC received a letter of acceptance valued at Dhs1.6bn from Emaar-Bawadi Joint Venture to design and construct 1437 villas as part of the Bawadi project in Dubailand.

Radisson SAS Residence, Dubai Marina opens luxury apartments

The Rezidor Hotel Group (Rezidor), one of the fastest growing hotel companies in the world, has opened the doors today to its latest initiative, the Radisson SAS Residence, Dubai Marina - the Brussels-based company’s first foray into the luxury apartments segment in the UAE

Etihad launches daily flights to Chennai and Kozhikode

Etihad Airways has boosted its flying programme to India with the launch this week of daily flights from Abu Dhabi to Chennai (Madras) and Kozhikode (Calicut).

Bab Al Bahr Office Tower launched by Rakeen

Rakeen, the master-planner and land developer of the Ras Al Khaimah Government that exercises environmental responsibility when planning and developing, has announced the sales launch of the Bab Al Bahr Office Tower

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