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Real Estate News
JCA Real Estate reveals Dhs252m residential Emerald Tower

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

Nakheel partners with US food retailer Balducci’s

JCA Real Estate reveals Dhs252m residential Emerald Tower

News Archive of September 2006 Page 2

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ISO 9001:2000 quality certification for Emaar Properties

Global real estate major Emaar Properties has highlighted its international quality management system and continual improvement practices by winning the International Organization for Standardization’s ISO 9001:2000 quality certification.

Dubai property attracting investors from around the globe

Interest in Dubai’s vast array of property developments is at fever pitch in the West as the emirate continues to enjoy a property boom, officials said.

New joint venture to develop projects at SHAMS Abu Dhabi

Sorouh Real Estate and Tameer Holding have entered into a strategic partnership by signing a Memorandum Of Understanding (MOU) to establish a joint venture company to develop six towers of the Gate District and another company to build the Abu Dhabi Towers at SHAMS Abu Dhabi.

The Montgomerie, Dubai’s Leading Golf Resort

The Montgomerie, Dubai, a full-fledged golf resort in the extensive leisure roster of global real estate major Emaar Properties, has been adjudged ‘Dubai’s Leading Golf Resort’ at the 13-th Annual World Travel Awards (WTA).

New landmark in Ras Al-Khaimah the Emirates Flag project

Ras Al-Khaimah is eagerly anticipating a major new landmark, with the announcement by High Rise Real Estate today of the prestigious Emirates Flag project.

The Wave Business Towers in Jumairah Village a sell out

High Rise Real Estate and Aspire Real Estate are pleased to announce that the landmark commercial development set in Jumairah Village - The Wave Business Towers (TWBT) - has been sold out in record time and investors are already seeing great yields on their investments.

Signature resort by Al Jaber on Saadiyat Island

Abu Dhabi-headquartered Al Jaber PSC is to build a signature resort on Saadiyat Island - the natural island lying 500 metres offshore the UAE capital city which is being transformed into an international tourism destination.

SNASCO announces the launch of the Sharjah Investment Center

Leading property developer SNASCO has announced the launch of the Sharjah Investment Center (SIC), a 32 million sq ft project in the Emirate of Sharjah.

BAWADI to develop Pirates Cove Hotel & Resorts

BAWADI, the world’s largest hospitality destination, today signed an agreement with Gantoot Star General Trading to develop Pirates Cove Hotel & Resorts at an investment cost of AED 800 million.

Subcontract awarded for The Burj Dubai project

Middle Eastern leading interior contracting company DEPA Dubai LLC, a division of Depa United Group, revealed today that it has been awarded the subcontract for the extraordinary Burj Dubai project, part of the 500 acre Downtown Burj Dubai development.

Luxury properties in Dubai oversupply feared

A potential lack of investors able to finance mortgage payments of approximately Dh18,000 a month for up-coming luxury properties in Dubai could create an over-supply in the higher-tier market, property market insiders say.

Sale of prime land at Capital Centre by ADNEC

ADNEC announced today, the launch of the sale of plots on 147,582 square meters of prime land at Capital Centre, the new name and brand for the 8 billion business and residential micro-city being built around the iconic Abu Dhabi National Exhibition Centre in the UAE capital.

170 tons of aluminium supplied for Burj Dubai

Gulf Extrusions Co., one of the largest aluminium extrusion plants in the Gulf, has announced that it has supplied 170 tons of aluminium till date for the Burj Dubai project, proposed to be the world’s tallest building.

Home financing for all customers of RAK Properties by NBAD

RAK Properties, the leading real estate developer in the emirate of Ras Al Khaimah, has signed a MoU with UAE number one bank National Bank of Abu Dhabi (NBAD) that will enable customers of RAK Properties to avail of the NBAD’s ‘Escan’ home financing facility.

Contract to construct The Princess Tower awarded to ACC

The contract for the construction of the world’s tallest residential tower ‘The Princess Tower’ has been awarded to Arabian Construction Company (ACC).