Dubai Real Estate News

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neez1 — Sat, 12 Jul 2008 11:52:26 +0000

DAMAC scoops five CNBC Arabian Property Awards 2008 AME Info -

DAMAC Properties, the luxury lifestyle provider and regions leading private sector master developer, has bagged five awards this year according to the recent announcement made by CNBC Arabian Property Awards 2008.

UAE's monetary supply rises by AED 187 billion in 2007 Zawaya

Central Bank data has shown a huge rise in the UAE's monetary supply with an increase of over AED 187 billion during 2007. Over this period, the figure rose from AED 505.64 billion to AED 692.4 billion, in a move considered to be the fastest monetary growth rate experienced by the country in five years.

UAE- Al Fara'a Properties to launch projects worth AED10b by end of 2008 MENAFN - UAE

UAE- Al Fara'a Properties, the flagship subsidiary of the Al Fara'a Construction, Industrial and Property Group, has announced its plans to launch a series of new projects collectively valued at AED 10 billion within Dubai's most sought-after real estate destinations by the end of 2008.

Amlak Finance PJSC showcases its luxurious Skygardens residential project AME Info -

AMAmlak Finance PJSC, the largest real estate financier in the Middle East, opened the doors of Skygardens for an exclusive viewing by the media.

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Hotest News From Dubai 11 July 2008

neez1 — Fri, 11 Jul 2008 19:28:32 +0000

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Arab-Russian gala to be held in Dubai
Khaleej Times Fri, 11 Jul 2008 7:43 AM PDT
DUBAI - The First Arab-Russian Gala will take place in Dubai on November 6 at Madinat Jumeirah, gathering more than 700 distinguished guests from the UAE, Russia and across the world.

Revealed: The telecoms boss dubbed 'Vince Charming' at centre of Dubai 'sex on beach' case
Daily Mail Fri, 11 Jul 2008 0:36 AM PDT
The man at the centre of the Dubai beach sex furore has been named as Vince Acors, a 34-year-old businessman from Kent. His drunken encounter with Michelle Palmer could land them both in jail for six years.

Revealed: The telecoms boss dubbed 'Vince Charming' at centre of Dubai 'sex on beach' case
Evening Standard Fri, 11 Jul 2008 0:35 AM PDT
The man at the centre of the Dubai beach sex furore has been named as Vince Acors, a 34-year-old businessman from Kent.

'Sex-on-Dubai-beach' Brit woman known for 'getting wild' while drunk!
New Kerala Fri, 11 Jul 2008 4:28 AM PDT
London, July 11 : Michelle Palmer, the British woman languishing in a Dubai jail after being arrested for having 'unmarried' sex on Jumeirah beach, has a reputation for jokingly groping men and women while high on booze.

Dubai partner of Scan-Trans buys out firm's Danish stake
Zawya Thu, 10 Jul 2008 9:45 PM PDT
Dubai: In a significant acquisition deal for the Middle East and global shipping industry, Dubai-based ship chartering and broking firm, Scan-Trans Middle East and South Asia Holding Ltd on a split in its eight-year long partnership with its Dubai-based partner buying out the company's Danish stake from Scan-Trans Holding A/S Denmark.

Dubai buys New York's landmark Chrysler Building
EARTHtimes.org Thu, 10 Jul 2008 11:10 AM PDT
New York - The oil-rich government of Dubai has bought a 90-per-cent stake in the Chrysler Building, one of the few art deco constructions of the 1930 era in New York City, news reports said Thursday. The reports said the Abu Dhabi Investment Council...

Per Aquum’s Lime rollout reaches Dubai
World Leisure News Thu, 10 Jul 2008 9:46 AM PDT
As part of an ongoing rollout of its Lime spa concept, spa and resort management company Per Aquum’s latest spa has opened at the Desert Palm Dubai in the UAE.

From Raleigh to Wall Street to Dubai
The News & Observer Thu, 10 Jul 2008 10:40 PM PDT
David Smoot is a long way from Raleigh -- a world away.

Dubai airline plans huge Airbus for Bay Area
Silicon Valley - San Jose Business Journal Fri, 11 Jul 2008 6:30 AM PDT
The world's biggest passenger airplane may be flying into the Bay Area in a few years.

Super-jumbos coming to SFO with Dubai-San Francisco flights
San Jose Mercury News Thu, 10 Jul 2008 3:51 PM PDT
Emirates Airlines announced today that it's planning to fly the world's largest passenger airplane to the Bay Area in two to three years.

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Dubai Real Estate News

neez1 — Fri, 04 Jul 2008 21:44:10 +0000

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High oil prices and the impact on Dubai real estate AME Info - Jul 01 1:24 AM

With Goldman Sachs forecasting $150-$200-a-barrel oil over the next six to 24 months, Dubai real estate is on the threshold of a new era of higher prices as the oil boom moves to another level. But is this in danger of fuelling a speculative bubble in off-plan property developments?

First Dubai Real Estate to raise $294m AME Info - Jun 30 9:26 PM

First Dubai Real Estate Development, a unit of the Kuwaiti property investment company Al Mazaya Holding Co, is seeking to raise as much as 77.9 million dinars ($294.2m) by selling stock to existing stockholders, reported Bloomberg.

The World´s Largest Emerging Markets Real Estate Brand Announces Influential US and Emerging Market Speakers. wallstreet:online AG - Jul 01 3:11 PM

Dubai-based Cityscape, the world´s largest emerging markets real estate brand, has announced

UAE- Real estate prices likely to come down next year MENAFN - Jul 02 11:06 PM

UAE- Real estate prices likely to come down next year

First Dubai Real Estate sells 25% of Morina Residence AME Info - Jun 29 5:10 AM

First Dubai Real Estate Development Company reports that the first launch of its fist residential units at Morina Residential Tower, perfectly situated near the Gate of Shams Abu Dhabi on Al Reem Island, has made record sales figures.

The World's Largest Emerging Markets Real Estate Brand Announces Influential US and Emerging Market Speakers for ... Business Wire - Jul 01 2:53 PM

NEW YORK----Dubai-based Cityscape, the world’s largest emerging markets real estate brand, has announced its lineup for its first U.S. conference and exhibition, Cityscape USA, September 9-12 at the Jacob Javits Center in NYC.

Real Estate Investors May Resort to Prayer The New York Sun - Jul 02 6:09 PM

With the pace of investment sales for commercial property down about 80% since the beginning of the year, real estate investors might find it worthwhile to go on a two-month holiday and hope and pray the investment market and capital markets return to a level of normalcy. As the president of Silverstein Properties, Larry Silverstein, recently remarked on my television show: "The capital markets' ...

First Dubai Real Estate sells 25 percent of Morina Residence Zawya - Jun 29 2:02 AM

Abu Dhabi, 29 June 2008: First Dubai Real Estate Development Company reports that the first launch of its fist residential units at Morina Residential Tower, perfectly situated near the Gate of Shams Abu Dhabi on Al Reem Island, has made record sales figures.

Middle East Business Information Zawya - 1 hour, 20 minutes ago

Loading ... Tell us what you think of our new Video Homepage... Delay in Dubai's real estate development - 05Jul08 (3:36) Construction materials' prices soared in Dubai boosting apartments' values to exceed the initial estimates for construction projects.

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