Omniyat Group Starts Development Work On Residential TowerFriday, October 31, 2014
Omniyat Group Starts Development Work On Residential TowerDubai: Omniyat Group has started development work on a 25-storey residential tower project at the trunk of the Palm Jumeirah archipelago in Dubai, according to a news source. The project, named One at Palm Jumeirah, is an AED 2.5 billion development. Designed by New York-based architecture firm SOMA, the development is set to offer 90 condos and is scheduled to be completed by 2017. ... more
Emaar Properties’ Associate Company To Launch Housing Project For Middle-income MarketFriday, October 31, 2014
Emaar Properties’ Associate Company To Launch Housing Project For Middle-income MarketDubai: Dawahi Development, an associate company of Emaar Properties, is set to launch an affordable housing project to cater to the accommodation needs of middle-income groups. Emaar Properties Chairman Mr Mohamed Alabbar told reporters that Dawahi Development would develop homes at attractive prices in emerging markets across the Middle East and North Africa. This would create investment and emp ... more
Emaar, Dubai Holding Announce Spherical Restaurant At Dubai CreekThursday, October 30, 2014
Emaar, Dubai Holding Announce Spherical Restaurant At Dubai Creek It has been announced that the latest master development of the Dubai, Dubai Creek Harbour at The Lagoons, will include a spherical restaurant that will add further value to the project. The joint venture between Emaar Properties and Dubai Holding will build the restaurant at the end of a long pier at the Dubai Creek. The project also features the world’s tallest twin towers and is a majo ... more
DAMAC Extends The Drive At AKOYAThursday, October 30, 2014
DAMAC Extends The Drive At AKOYA In a bid to develop one of the longest outdoor shopping destinations in the region, Dubai-based property developer DAMAC Properties has announced the extension of its planned shopping strip in the AKOYA development. The design of the shopping drive is inspired by Piccadilly in London or La Rambla in Barcelona. According to reports, the drive is planned to be extended to 2.5 kilometres from ... more
Increasing Demand For High-end Residence In Abu DhabiWednesday, October 29, 2014
Increasing Demand For High-end Residence In Abu DhabiHighlighting the increasing demand for residential properties in Abu Dhabi, Aldar Properties has announced that two of its developments, Arc Towers and The Gate, have been fully leased in less than a year. Both developments feature 3,533 units and are located in the Shams district of Abu Dhabi. The Abu Dhabi-based developer considers The Shams Abu Dhabi as one of the most sought-after locations i ... more
Emaar Chairman Concerned By 2013's Property Price SpikeWednesday, October 29, 2014
Emaar Chairman Concerned By 2013\ After recently announcing the launch of Dubai Creek Residences in Dubai Creek Harbour, Emaar Properties Chairman Mr Mohamed Alabbar has said that as a long-term developer, the property price spike of 2013 scared him. Mr Alabbar said that affordability was a critical issue and although many developers wanted the property prices to move up, a long-term player in the market would not want the pric ... more
Dubai Investments To Restart Mixed-use Project In FujairahWednesday, October 29, 2014
Dubai Investments To Restart Mixed-use Project In Fujairah Dubai-based property developer Dubai Investments has announced plans to relaunch an AED 400 million mixed-use project in Fujairah. According to reports, the project will include an office tower, a retail podium and Courtyard by Marriott, along with residential apartments. The project, which will be developed by Al Taif Investment, is expected to be relaunched by December 2014. Al Taif Investm ... more
Dubai Holding Plans New Projects In 2 LocalitiesTuesday, October 28, 2014
Dubai Holding Plans New Projects In 2 Localities Dubai Holding has confirmed that it has expansion plans for Dubai Media City and Dubai Internet City. Its new projects will be developed with an investment of AED 4.5 billion and will be completed in five years. According to reports, once completed, the projects will transform the two localities into a free zone that will be a powerhouse for media content and innovation. ... more
Hong Kong Zeroes In On Abu Dhabi PropertyMonday, October 27, 2014
Hong Kong Zeroes In On Abu Dhabi Property Chun Wo Development Holdings Limited subsidiary Smartwill Asia Limited is targeting the Abu Dhabi property market by launching new development projects in the emirate. While the company is in the process of launching its second project in Al Reem Island, its first project in Abu Dhabi, Reem Diamond Residence, has been completed and is currently being leased out. The company is preparing its ... more
Ascott To Manage Another Property In DubaiMonday, October 27, 2014
Ascott To Manage Another Property In DubaiThe Ascott Limited (Ascott) has signed an agreement to manage the Ascott Culture Village Dubai, a 117-unit prime residential building in Dubai. The addition of the Ascott Culture Village Dubai is set to boost the company’s presence in the GCC and will also contribute to a nice addition to its existing portfolio. The Ascott Limited is CapitaLand’s business unit that specialises in managing ... more
Development Of Manazel Al Khor Going At A Faster PaceMonday, October 27, 2014
Development Of Manazel Al Khor Going At A Faster Pace Dubai Properties (DP) has announced that the early stages of construction of Manazel Al Khor are going at a faster pace than expected. The Dubai-based property developer stated that it was already ahead of schedule in the construction of the development, which forms an attractive integration with its Cultural Village project. Located near Dubai Creek, Manazel Al Khor is designed to feature p ... more
DWC To Get Two New HotelsFriday, October 24, 2014
DWC To Get Two New Hotels Dubai World Central (DWC) is all set to get two new airport hotels to accommodate the visitors arriving in the UAE. The InterContinental Hotels Group has inked a franchise agreement with Abjar Hotels International for the two new hotels. The new hotels are named Holiday Inn Dubai World Central and Staybridge Suites Dubai World Central. While Holiday Inn Dubai World Central is planned to be a ... more
Deyaar Posts 94% Profit Rise In Q3 2014Friday, October 24, 2014
Deyaar Posts 94% Profit Rise In Q3 2014 Dubai-based property developer Deyaar Development has reported a 94 percent rise in its net profits of Q3 2014. The developer says that the sales of its latest residential project were the main driving force behind its profits. The tighter regulations of the government aiming to curb property flipping seem to have hit their mark, as the sale transactions between developers and end-customers ... more
Aldar To Launch Mid-end Projects In Abu Dhabi Thursday, October 23, 2014
Aldar To Launch Mid-end Projects In Abu Dhabi Abu Dhabi-based property developer Aldar Properties is expected to launch new projects in the next three to four months. Aldar Properties Chief Financial Officer Mr Greg Fewer said that the new projects of the company will mainly aim the mid-income buyers and tenants. The developer is also expected to announce its third-quarter earnings in coming weeks. ... more
Dubai Theme Park To Feature Dedicated Area For SmurfsThursday, October 23, 2014
Dubai Theme Park To Feature Dedicated Area For Smurfs An upcoming theme park is reported to feature a dedicated area for 'Smurfs' along with attractions based on Sony movies. The Hollywood-inspired theme park named Motiongate Dubai will showcase a 'Smurfs Zone' along with Sony Pictures Studio featuring animated movies such as 'Hotel Transylvania' and 'Cloudy with a Chance of Meatballs'. Meraas Holding subsidiary Dubai Parks and Resorts announced ... more
Email Basket (0)
Remove All Send Email