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MERAAS NEW MIXED-USE DEVELOPMENT
Meraas Holding has inaugurated the construction work of ´La Mer´, a mixed-use development in the Jumeirah district in Dubai. ...
Meraas Holding, Jumeirah, La Mer, North Island, South Island, Commercial, Leisure, Residential, Hospitality Components
THE PALM´S 100-M HIGH PROJECT
The Palm Jumeirah in Dubai is reported to develop its first 100-m high residential structure. The project is a JV between Omniyat Properties and Drake & Scull International. ...
Palm Jumeirah, Omniyat Properties, Drake & Scull International.
DEYAAR LAUNCHES MONTROSE PROJECT
Deyaar Development has launched ´Montrose´, a three-tower project comprising a hotel apartment and two residential towers. Located in Dubai´s Business Bay, the residential units are open for sale. Each of the towers comprise three basement levels and 19 floors....
Deyaar Development, Montrose, Residential Towers
SAADIYAT WALK´S PHASE-I UNITS SELL OUT
Phase-I of Saadiyat Walk´s recently launched residential units, have been partly sold out. The transaction took place despite prices starting at Dh2,000 per sq ft. These units were sold on a special two-day event that took place on September 27 and 29, 2014. The company is expecting further demand of these units from all investors - Emiratis and expatriates....
Phase-I, Saadiyat Walk, Residential Units, Emiratis
DEVELOPERS RUSH TO BUY LAND BANKS
Developers are racing to acquire large-sized plots in the less developed freehold areas of Dubai. The locations in and around Dubai World Central are likely to see heightened activity, syncing with the general build-up of the Expo 2020 venue. ...
Developers, Dubai World Central, Expo 2020, Shaikh Mohammad Bin Zayed Road, Land Bank, Real Estate
BAHRAIN REAL ESTATE MARKET TO GROW
According to the latest research, national stability and improved economic conditions have proved beneficial to drive growth in Bahrain´s residential property market. The improved market sentiment has helped lift the confidence levels among investors and developers, who are making a slow, but steady return to the market. ...
Bahrain´S Residential Property, Investors, Developers
DUBAI PROPERTIES LAUNCHES MARAM RESIDENCE
Dubai Properties has an eye on high networth regional and international investors with the launch of Maram Residence in the Burj Khalifa district in Dubai. The two 27-storey towers will have options for 1/2/3/4 bedroom apartments along with six penthouse suites....
Dubai Properties, Burj Khalifa, Maram Residence, International Investors
BLUEPRINT FOR D3 UNVEILED
The master plan for the Dubai Design District (d3) was inaugurated at the Cityscape Global event that was recently held in Dubai. The first phase, which features the office and retail space, is to be released in the first quarter of next year. Plots will also be available during this time....
Dubai Design District, Cityscape Global Event, Blueprint
QATAR´S BARWA REAL ESTATE SELLS LAND
Qatar´s Barwa Real Estate has sold land worth 2.54 bn riyals ($697.4 mn) to the government. In exchange for the plot of land in Lusail City, the company received 1.04 bn riyals in cash, while the government also settled 1.5 bn riyals of the developer´s bank loans....
Qatar´S Barwa Real Estate, Lusail, Bank Loans
DEYAAR DEBUTS ITS FIRST TOWNSHIP PROJECT
Deyaar Development has launched the master plan for a 5.5 mn sq ft upscale township called ´Midtown by Deyaar.´This project is adjacent to Jumeirah Golf Estates on the southern end in Dubai and will overlook the Shaikh Mohammad Bin Zayed Road...
Deyaar Development, Midtown By Deyaar, Jumeirah Golf Estates, Shaikh Mohammad Bin Zayed Road, Dubai Marina, Emirates Hills, Jumeirah Lake Towers, Jumeirah Islands, Jumeirah Village Circle, Buildings Clustered
DEYAAR SELLS US LAND PLOT, TO REINVEST IN DUBAI PROJECTS
Deyaar Development has announced the sale of a 5.98 acre plot of land in Houston, Texas.The developer did not disclose the value of the deal but added that it will reinvest the funds into expanding its project portfolio in Dubai....
Deyaar Development, Houston, Texas, Real Estate, Investment
WORLDS FIRST FENDI VILLAS GO ON SALE
The worlds first Fendi-styled villas are up for sale by Damac Properties. The 42 mn sq ft development comprises 34 properties that are located in a private-gated community in Dubai....
Fendi-Styled, Damac Properties, Dubai, Interior Designers
DH850 MN FINANCING FOR AL HAMRA REAL ESTATE
Ras Al Khaimah-based Al Hamra Real Estate Development has received a financing facility worth Dh850 mn from international and local banks. The transaction was led by Goldman Sachs....
Ras Al Khaimah, Al Hamra, Real Estate, Goldman Sachs, Commercial Bank Of Dubai, Arab Bank Plc, Debt
TWO NEW RESIDENTIAL TOWERS PLANNED ON SHARJAH-DUBAI BORDER
Developer Al Thuriah has announced that it has started the construction of two new residential towers on the border of Sharjah and Dubai. Sahara 4 and 5 are the latest additions to the Sahara Complex which is being built by the developer....
Al Thuriah, Construction, Residential Towers, Sharjah, Dubai, Parking, Sahara Tower, GCC
ABU DHABIS MUBADALA MAY BUY LONDON PROPERTY
According to reports, the Abu Dhabi state-owned investment vehicle, Mubadala Development Company has plans to purchase a historic six acre site in Knightsbridge in London....
Abu Dhabi, Investment, Mubadala, Knightsbridge, London, Hyde Park
DUBAI PROPERTY BUBBLE: WARNS UAE CENTRAL BANK
In its first official warning about soaring property prices in Dubai and Abu Dhabi, the United Arab Emirates Central Bank has stated that low residential rental yields in the ...
Property, Prices, Dubai, Abu Dhabi, United Arab Emirates Central Bank, Real Estate, Banking System
SAUDI TELCO ATHEEB SELLS RIYADH REAL ESTATE FOR $43 MN
Saudi Arabias Etihad Atheeb has sold two plots of land and a building in the Kingdoms capital Riyadh for SAR160 mn ($42.7 mn). Loss-making Atheeb, which uses the brand name Go, sold it to an unidentified buyer. ...
Saudi Arabia, Etihad Atheeb, Land, Building, Riyadh
DUBAI PROPERTY MARKET MOST TRANSPARENT
According to the Global Real Estate Transparency Index for 2014 released by the property consultants JLL,...
JLL, Dubai, Property, Market, Abu Dhabi, US, Australia, Qatar
NAKHEEL PLANS DEIRA SHOPPING MALL
Dubai developer Nakheel has plans to construct a 620,000 sq m retail, dining and entertainment hub at Deira Islands which is its new 15.3 sq km waterfront development. ...
Dubai, Nakheel, Retail, Deira Islands, Architects, Planners, Engineers
FIRST BATCH OF REMRAAM UNITS SOLD OUT
Dubai Properties (DP), the dedicated project development company of Dubai Properties Group, has revealed that the 200 units launched last month at its Remraam development in Dubai have sold out....
Dubai Properties, Project, Development, Remraam, Residential, Dubai Islamic Bank, UAE
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