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Real Estate News
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 2007 Page 2

ALDAR signs agreement with Oberoi Hotels and Resorts

ALDAR Properties PJSC, has announced the signing of a long-term strategic agreement with Oberoi Hotels and Resorts which will see the development of two outstanding new luxury hotels at ALDAR’s projects on YAS Island and Al Raha Beach.

Gulf real estate projects jump 59 per cent to USD143b

The value of all GCC real estate projects* announced in the last year (2006-07) has leapt 59 per cent to USD143billion, reveals research by Trowers & Hamlins the international law firm.

ALDAR Academies opens first school on September 10

ALDAR Properties’ academic body, ALDAR Academies LLC is to open its first school on September 10.

First phase of IGY’s Anchor Marina sold out

IGY, the worldwide developer of luxury marinas, has revealed that it has sold out the berths available in its first phase of release for the Anchor Marina project on The Palm Jumeirah.

DWTC manager represents UAE at Retail Property competition

A senior development manager working on Dubai World Trade Centre’s property team has been selected to sit on the Panel of Judges for the prestigious EG Retail and Future Project Awards 2007.

Nakheel announces success for public sales of Al Furjan

Nakheel, one of the world’s largest privately-held property developers, has announced the enormous success of the first day of public sales for Al Furjan, a family-oriented residential community, located in the heart of new Dubai.

Al Abbas Group launches ‘Lynx’ at Dubai Silicon Oasis

Al Abbas Group, one of the oldest conglomerates in the UAE, which has entered into the real estate sector recently by launching ‘Lynx’ at Dubai Silicon Oasis (DSO) has hinted at a second project at DSO.

‘Silver Tower’ sold out within 2 weeks from its launch day

Tameer holding, the region’s leading real estate developer, has achieved another awe-inspiring success as all the units in its ‘Silver Tower’ were sold out within 2 weeks from its launch day.

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