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NEWS UPDATES
| Investors more optimistic about real estate in middle east |
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Property investors in the Middle East and North Africa are much more confident than they were six months ago and there are more buyers than sellers leading to pent up demand in the market, according to a new survey.
‘There has been a significant shift among investors from denial of the extent of the crisis to a more realistic acknowledgement of the new normal and a sense
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| Al Fara'a kick-starts construction of Manhattan Apartments at Jumeirah |
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Al Fara'a Properties recently held the ground breaking ceremony to mark the commencement of construction works of their Dh.353mn Manhattan Luxury Apartments in Jumeirah Village.
The groundbreaking ceremony was conducted just after the successful launch of Manhattan Luxury Apartments at the recent Cityscape Dubai 2007, when the project generated considerable buyer interest,
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| Saadiyat Beach Residences development - Saadiyat island |
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A project by TDIC – Abu Dhabi ( Tourism ,Development and Investment Company- Abu Dhabi )
According to news letters the TDIC have contracted the development of the Saadiyaat Beach Residences
The infrastructure work is also contracted and is supposed to be completed within 18 months.
Saadiyat Island development project combines seven districts : Cutural, Marina,
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| Emaar Middle East inaugurates first phase of Jeddah Gate in Saudi Arabia |
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Mixed-use master-planned community spanning over half a million sq m in Jeddah’s new downtown area
Located in the heart of the city, Jeddah Gate is positioned on two sites
al estate project to offer 6,000 residential units & 230,000 sq m of commercial space
Emaar Middle East, the regional real estate arm of Emaar Properties, one of the world’s largest real estate
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| L&T and Eastern International to develop final phase of luxury Victory Heights villas |
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India's largest Engineering, Technology and Construction Conglomerate, Larsen & Tubro Limited (L&T), together with Eastern International LLC, a leading contractor in UAE have entered into a joint-venture to develop 'Victory Heights', a signature residential golf course villa community in Dubai Sports City.
'The Victory Heights' community, worth Dh.558mn, covering 25mn
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