NEWS & EVENTS >>
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• Dutco signs Tiger Woods contract Sunday, September 06, 2009, 10:43:00 AM
Golf community project the Tiger Woods Dubai, has signed a Dhs150m contract with Dutco Balfour Beatty (DBB) for the completion of all... [AMEinfo.com]
• First handover for City of Arabia late 2010 Sunday, September 06, 2009, 9:55:00 AM
Officials behind the $5bn City of Arabia development in Dubai have said that despite delays to the project, a phased handover will begin by the end of 2010. [AMEinfo.com]
• Dubai fines villa rule violators Sunday, September 06, 2009, 9:51:00 AM
Dubai has begun fining those who violate the 'one villa one family' rule Dhs50,000. [AMEinfo.com]
• Jumeirah Lake Towers to see progress this year Sunday, September 06, 2009, 9:43:00 AM
Ahmed bin Sulayem, Executive Chairman of Dubai Multi Commodities Centre, has said that 50 towers within the Jumeirah Lake... [AMEinfo.com]
• Property exec arrested for alleged fraud Sunday, September 06, 2009, 9:24:00 AM
Dubai Police have arrested the chief executive of Lake View Real Estate on suspicion of fraud following complaints by around 30 investors, UAE daily the National reported on Sunday. [Maktoob.com]
• RAK Properties secures $150m loan Sunday, September 06, 2009, 12:00:00 AM
Abu Dhabi listed developer RAK Properties on Sunday announced it had secured a $150 million loan to help finance and support its projects. [Arabianbusiness.com]
• Al Fara'a to hand over Le Grand Chateau Saturday, September 05, 2009, 3:09:00 PM
Al Fara'a Properties has said it is handing over units of its residential development, 'Le Grand Chateau' (LGC) well ahead of the 2010 deadline set for the project's delivery. [AMEinfo.com]
• Abu Dhabi property prices to rise before Dubai Thursday, September 03, 2009, 2:27:00 PM
According to a report by JPMorgan Chase, real estate prices in Abu Dhabi will recover before those in Dubai because of a shortage in housing and office space. [AMEinfo.com]
• Arabtec eyes several deals by year end Thursday, September 03, 2009, 1:43:00 AM
Arabtec Holding, the U.A.E.'s largest construction company by market value, hopes to conclude several contracts by the end of the year and is confident that a deal to build Europe's tallest tower will go ahead, despite public protests, the company's chief executive said on Thursday. [Maktoob.com]
• Investor confidence key to real estate rebound - poll Thursday, September 03, 2009, 12:00:00 AM
Restoring investor confidence is key to seeing the GCC's real estate sector emerge from the current global economic crisis, according to the results of an Arabian Business poll. [Arabianbusiness.com]
• Rakeen gains custody of $800m UAE project Wednesday, September 02, 2009, 4:29:00 PM
Rakeen, the development arm of the Ras Al Khaimah Investment Authority, said today it has been given control of an $800m development project... [AMEinfo.com]
• Ferrari World on track to open in 2010 Wednesday, September 02, 2009, 12:01:00 PM
Abu Dhabi's Ferrari World theme park, part of Aldar's $40bn Yas Island development, is on track to open next year, The National has reported. [AMEinfo.com]
• Dubai's Al Barari villa prices fall by 30% Wednesday, September 02, 2009, 11:58:00 AM
Prices of luxury villas in the Al Barari Development in Dubailand have dropped by 30% in the past one year due to the downturn in the real estate sector... [AMEinfo.com]
• RAK seizes $800 mln failed realty project Wednesday, September 02, 2009, 6:01:00 AM
The Ras Al Khaimah government said on Wednesday it has seized control of Khoie Properties, the failed developer behind an $800 million real estate project in the UAE emirate. [Maktoob.com]
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