Three Shows to Target Billion Dollar Middle East Markets - MarketWatch

Categories: Commercial, Development, Environment, Landscape, Residential

Global exhibition organisers and foundation partners with ADNEC, CMPi UAE has announced the launch of two new major exhibitions: Fit Out Middle East and Gulf Landscaping. These events will take place simultaneously with Working Buildings Middle East. Having the three exhibitions running concurrently means that architects, developers, facilities managers and other professionals will be able to meet potential suppliers and service providers to assist with their entire projects, from the final stages of construction through to the management of the building's lifecycle. With ... Read More

Hydra launches Twin Towers in Dubai

Categories: Architecture, Commercial, Development, Residential

Zawya reports that Hydra Properties has launched its Twin Tower project at Jumeriah Village in DUbai. Each tower will be 32 storeys – one tower will be a exclusive residential apartments and the other tower will be a luxurious hotel. WOrk on the excavation has began and the project is expected to be finished in early 2010. SOURCE: Zawya.com – Hydra launches iconic Twin Towers in Dubai Read More

Emaar Properties unveils choice of elegant residences facing Burj Dubai

Categories: Development, Residential

Emaar Properties has unveiled a selection of elegant residential units in Downtown Burj Dubai to open for sale on July 12, 2008. The architecturally exceptional homes are located in the prestigious Standpoint, Burj Place, “M” Burj Dubai and Burj Park V projects, which have already been launched to overwhelming investor response earlier. The current roster of homes is unique in that all of them offer uninterrupted views of Burj Dubai, SOURCE: Emaar.com – Emaar Properties unveils choice of elegant residences facing Burj Dubai. Read More

ThinkSpace to be Tameer project’s broker - Gulfnews:

Categories: Residential

Real estate broker ThinkSpace on Saturday announced a deal with Tameer Holding Investments to launch the property developer's new project in the Tecom district, Al Shahad Tower, on the UAE rental market. SOURCE: Gulfnews: ThinkSpace to be Tameer project's broker. Read More

Abu Dhabi house prices increase 53 per cent - The National Newspaper

Categories: Business, Development, Residential

ABU DHABI // The sales price of residential houses and apartments has risen 53 per cent in the past 12 months.Research by property consultants Colliers International for year ending March 31 shows the prices rose by more than half compared to 18 per cent in the same period in the previous year.Colliers also found that occupancy levels have reached 98 per cent in the capital and that rents for new leases would continue to rise as the market will remain under supplied ... Read More

TDIC and Surbana to build Worker Village - WAM

Categories: Development, Residential, Urban Design

WAM Abu Dhabi, May 18th, 2008 (WAM)– Tourism Development and Investment Company (TDIC), Abu Dhabi's leading tourism asset developer, is to build a 'Grade A' Accommodation village, complete with a wide range of recreation facilities at cost AED700 million. "By building this village, TDIC is fulfilling its commitment to ensuring best practice delivery across every element of its operations," said Lee Tabler CEO of TDIC. "The company is also delivering on the promise of respect which ... Read More

Ministry: property values could fall - The National Newspaper

Categories: Development, Residential

The National newspaper reports that “Speculators are driving up the price of housing so quickly that they risk causing a “sharp” fall in property values, a new report from the Department of Planning and Economy warns.Buyers were overpaying for properties bought off-plan, creating “a risky business which may result in a sharp drop in the value of new units, thus undermining the future of the sector and other supporting sectors such as building in construction”, said the report released yesterday.It predicted that ... Read More

TDIC and Surbana to build Worker Village - WAM

Categories: Residential

WAM Abu Dhabi, May 18th, 2008 (WAM)--Tourism Development and Investment Company (TDIC), Abu Dhabi's leading tourism asset developer, is to build a 'Grade A' Accommodation village, complete with a wide range of recreation facilities at cost AED700 million."By building this village, TDIC is fulfilling its commitment to ensuring best practice delivery across every element of its operations," said Lee Tabler CEO of TDIC. "The company is also delivering on the promise of respect which is at the core of the Abu Dhabi ... Read More

UAE facing 300,000 housing shortfall by 2017 - ArabianBusiness.com

Categories: Residential, Urban Design

The UAE real estate market is facing a massive shortage in residential units - and it will only get worse in the coming years, a property executive has warned. Read more @ the Source: ArabianBusiness.com – UAE facing 300,000 housing shortfall by 2017 Read More

Emaar debuts Burj Park waterfront homes within Downtown Burj Dubai

Categories: Residential

Emaar Properties PJSC has unveiled Burj Park, a premium waterfront residential zone and the first of its kind within Downtown Burj Dubai, conveniently located within walking distance of Burj Dubai and The Dubai Mall. Burj Park also offers direct access to Burj Lake Promenade and to Park Island, a 25-hectare park located on an island accessible via a bridge walkway. Burj Park homes redefine the lifestyle experience by blending elegant views and modern amenities. Many of the residences open to Burj Dubai ... Read More